xponential fitness inc shares climbed higher friday a day after the company reported its fourthquarter financial results and provided guidance for 2023 at 330 pm et the companys stock was up about 18 to 2974 on the new york stock exchange volume topped 18 million shares more than 45 times the stocks 65day daily average of 390541 shares earlier in the session the stock reached a 52week high of 2984 after the bell thursday the company which says it is a global franchisor of boutique fitness brands reported a fourthquarter loss per share of 113 on revenue of 712 million in the yearago period the company reported a loss per share of 245 on revenue of 494 million for 2023 xponential fitness said it expects to open 540 to 560 new studios with revenue in a range of 285 million to 295 million raymond james on friday raised its price target on the company to 32 per share from 30 and morgan stanley raised its price target to 30 per share from 28 as reported by benzinga