Goldman Sachs Raises Life Time Group Price Target to $56
Goldman Sachs increased its price target for Life Time Group Holdings Inc. to $56 following third-quarter earnings that exceeded Wall Street expectations.
Goldman Sachs raised its price target for Life Time Group Holdings Inc. to $56 from $53, maintaining a Buy rating. The upgrade follows the company's third-quarter 2026 financial results, which surpassed Wall Street expectations with revenue of $893.5 million and adjusted earnings of $0.51 per share.
Analysts cited several key drivers for the increase, including improved membership growth and positive pricing trends. The firm specifically highlighted double-digit growth in Life Spa services and digital personal training as indicators of strong performance.
Goldman Sachs also increased its fiscal 2026-2027 forecasts, noting the company's ability to expand EBITDA margins while executing a growth plan of 12 to 14 units. This suggests continued potential for both top and bottom line expansion.