Life Time Group Holdings

LTH · NYSE

$41.17+$0.59 (+1.45%)TodayMarket closed ·
Prev close $40.58

LTH analyst rating

BuyConsensus of 10 analysts over the last 12 months. 100% rate it a buy.
  • Strong buy0
  • Buy10
  • Hold0
  • Underperform0
  • Sell0

12-month price target · 16 analysts

Average $57.29 (+39.1% upside)

Low
$50.50
Now
$41.17
High
$67.20

Upgrades and downgrades

The latest rating actions, newest first

LTH analyst upgrades, downgrades and rating actions
FirmDateActionRating
Morgan StanleyAug 18, 2026MaintainsOverweight
GuggenheimAug 12, 2026MaintainsBuy
UBSAug 4, 2026MaintainsBuy
RBC CapitalJul 31, 2026MaintainsOutperform
MizuhoJul 31, 2026MaintainsOutperform
Wells FargoJul 31, 2026MaintainsOverweight
GuggenheimJul 31, 2026MaintainsBuy
KeybancJul 31, 2026MaintainsOverweight
Wells FargoJul 16, 2026MaintainsOverweight
JefferiesJun 29, 2026MaintainsBuy

The case for and against

Updated Oct 15, 2026

Bull case

Life Time Group Holdings is supported by a premium brand, affluent customer base, and strong pricing power that together drive recurring membership demand and expanding per-member spend. Its growth case is reinforced by a robust club pipeline, with more than 170 centers already operating and a target of opening 12-14 locations a year for more than a decade, while methodical fee increases, record engagement, and underpenetrated ancillary services like DPT, spa, and café should lift in-center revenue. Fundamentally, rising EBITDA margins, accelerating free cash flow, and natural deleveraging make its valuation compelling at roughly 9.8x-10.2x FY 2026E/FY 2027E EBITDA versus peers, supporting further multiple expansion.

Bear case

Life Time Group Holdings is vulnerable to slowing same-store sales, weaker consumer demand, and intense competition, all of which could pressure valuation and make member growth harder to sustain. Its long-term top-line case depends on expanding club center count and entering new markets, yet rising real estate competition, development costs, and execution risk could limit that growth. While join fees and beach club fees are expanding, the company itself notes only a modest top-line lift—about $8 million for the season at below-average margin—leaving earnings exposed to labor, rent, and other operating cost pressures.

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