Planet Fitness (PLNT) Projected to Post Quarterly Earnings on Thursday

Planet Fitness (NYSE:PLNT) will likely be issuing its Q1 2026 results before the market opens on Thursday, May 7th. Analysts expect the company to announce earnings of $0.63 per share and revenue of $298.1090 million for the quarter. Planet Fitness has set its FY 2026 guidance at 3.350-3.380 EPS. Parties may visit the the company’s upcoming Q1 2026 earning results page for the latest details on the call scheduled for Thursday, May 7, 2026 at 8:00 AM ET.

Planet Fitness (NYSE:PLNT) last announced its quarterly earnings data on Tuesday, February 24th. The company reported $0.83 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.79 by $0.04. The business had revenue of $376.26 million for the quarter, compared to analysts’ expectations of $366.48 million. Planet Fitness had a negative return on equity of 97.97% and a net margin of 16.55%.The company’s revenue for the quarter was up 10.5% compared to the same quarter last year. During the same period last year, the firm earned $0.70 earnings per share. On average, analysts expect Planet Fitness to post $3 EPS for the current fiscal year and $4 EPS for the next fiscal year.

Planet Fitness Price Performance

Shares of NYSE PLNT traded up $1.05 during mid-day trading on Tuesday, hitting $64.34. The company had a trading volume of 2,962,048 shares, compared to its average volume of 1,773,697. Planet Fitness has a 1-year low of $62.38 and a 1-year high of $114.47. The company has a market capitalization of $5.15 billion, a PE ratio of 24.56, a price-to-earnings-growth ratio of 1.13 and a beta of 1.12. The business’s 50-day simple moving average is $75.05 and its 200 day simple moving average is $91.95.

Analysts Set New Price Targets

A number of analysts have weighed in on PLNT shares. Wells Fargo & Company cut their price target on Planet Fitness from $90.00 to $80.00 and set an “overweight” rating on the stock in a research note on Tuesday. William Blair restated an “outperform” rating on shares of Planet Fitness in a research note on Tuesday, January 13th. KeyCorp started coverage on Planet Fitness in a research note on Thursday, March 12th. They issued an “overweight” rating and a $100.00 price target on the stock. Deutsche Bank Aktiengesellschaft cut their price target on Planet Fitness from $115.00 to $98.00 and set a “hold” rating on the stock in a research note on Thursday, February 26th. Finally, Morgan Stanley restated an “overweight” rating and issued a $117.00 price target on shares of Planet Fitness in a research note on Tuesday, March 10th. Three analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $109.27.

Hedge Funds Weigh In On Planet Fitness

Several hedge funds have recently made changes to their positions in PLNT. EverSource Wealth Advisors LLC grew its holdings in shares of Planet Fitness by 184.5% during the second quarter. EverSource Wealth Advisors LLC now owns 330 shares of the company’s stock worth $36,000 after purchasing an additional 214 shares during the last quarter. Los Angeles Capital Management LLC purchased a new position in shares of Planet Fitness during the fourth quarter worth about $41,000. Danske Bank A S purchased a new position in shares of Planet Fitness during the third quarter worth about $52,000. Caitong International Asset Management Co. Ltd grew its holdings in shares of Planet Fitness by 6,588.9% during the third quarter. Caitong International Asset Management Co. Ltd now owns 602 shares of the company’s stock worth $62,000 after purchasing an additional 593 shares during the last quarter. Finally, Parallel Advisors LLC grew its holdings in shares of Planet Fitness by 300.9% during the fourth quarter. Parallel Advisors LLC now owns 930 shares of the company’s stock worth $101,000 after purchasing an additional 698 shares during the last quarter. Hedge funds and other institutional investors own 95.53% of the company’s stock.

Planet Fitness Company Profile

Planet Fitness, Inc is a franchisor and operator of fitness centers based in Hampton, New Hampshire. Established in 1992, the company designs and equips its clubs to offer a non-intimidating workout environment, often marketed under its “Judgment Free Zone” philosophy. Planet Fitness markets affordable membership plans and a variety of cardio and strength-training equipment, positioning itself to attract casual and first-time gym users.

The company operates through a network of franchised and company-owned clubs.