Xponential Fitness (XPOF)

• Market cap: $506M
• 1 day: -2.06%
• 5 days: 6.96%
• 1 month: 1.10%
• 3 months: 29.72%
• 6 months: -14.88%
• Year to date: 12.33%
• 1 year: 36.74%
• 5 years: 27.92%
• 10 years: 27.92%
• Sector: Consumer Discretionary
• Industry: Miscellaneous Amusement & Recreation

About: Xponential Fitness Inc is a curator of boutique fitness brands. Its diversified portfolio of brands includes Club Pilates, a Pilates brand in the United States; CycleBar, an indoor cycling brand in the United States; StretchLab, a concept offering one-on-one and group stretching services; Row House, a high-energy, low-impact indoor rowing workout; AKT, a dance-based cardio workout combining toning, interval and circuit training; YogaSix, a franchised yoga brand; Pure Barre, a total body workout that uses the ballet barre to perform small isometric movements; Stride, a treadmill-based cardio and strength training concept; Rumble, a boxing-inspired full-body workout; and BFT, a functional training and strength-based program. Its key revenue source is franchise income.

Employees: 470

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

542% more call options, than puts

Call options by funds: $56.6M | Put options by funds: $8.82M

1.39% more ownership

Funds ownership: 80.64% [Q2] → 82.03% (+1.39%) [Q3]

3% more repeat investments, than reductions

Existing positions increased: 35 | Existing positions reduced: 34

9% less funds holding

Funds holding: 124 [Q2] → 113 (-11) [Q3]

18% less capital invested

Capital invested by funds: $397M [Q2] → $327M (-$70.1M) [Q3]

29% less funds holding in top 10

Funds holding in top 10: 7 [Q2] → 5 (-2) [Q3]

31% less first-time investments, than exits

New positions opened: 22 | Existing positions closed: 32

Research analyst outlook

2 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $16 2% upside
• Avg. target: $18 15% upside
• High target: $20 28% upside

2 analyst ratings

• positive: 1 50%
• neutral: 1 50%
• negative: 0 0%

Piper Sandler Korinne Wolfmeyer 36% 1-year accuracy 16 / 45 met price target	2% upside $16	Neutral Maintained	6 Jan 2025
Stifel Chris O'Cull 62% 1-year accuracy 21 / 34 met price target	28% upside $20	Buy Maintained	11 Nov 2024