Planet Fitness (NYSE:PLNT) Releases FY 2026 Earnings Guidance

Planet Fitness (NYSE:PLNT) updated its FY 2026 earnings guidance on Tuesday. The company provided EPS guidance of 3.350-3.380 for the period, compared to the consensus EPS estimate of 3.340. The company issued revenue guidance of $1.4 billion-$1.4 billion, compared to the consensus revenue estimate of $1.4 billion.

Planet Fitness Trading Down 3.0%

PLNT stock opened at $80.12 on Thursday. The company’s 50-day moving average price is $98.25 and its 200 day moving average price is $101.18. Planet Fitness has a 52 week low of $79.18 and a 52 week high of $114.47. The company has a market cap of $6.67 billion, a P/E ratio of 30.58, a P/E/G ratio of 1.32 and a beta of 1.26.

Planet Fitness (NYSE:PLNT) last posted its quarterly earnings results on Tuesday, February 24th. The company reported $0.83 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.79 by $0.04. The company had revenue of $376.26 million during the quarter, compared to the consensus estimate of $366.48 million. Planet Fitness had a net margin of 16.55% and a negative return on equity of 97.97%. The company’s revenue for the quarter was up 10.5% on a year-over-year basis. During the same period last year, the firm earned $0.70 EPS. Planet Fitness has set its FY 2026 guidance at 3.350-3.380 EPS. On average, equities research analysts expect that Planet Fitness will post 2.51 earnings per share for the current year.

Wall Street Analyst Weigh In

Several analysts have weighed in on the company. UBS Group reissued a “buy” rating on shares of Planet Fitness in a report on Friday, January 9th. TD Cowen reiterated a “buy” rating on shares of Planet Fitness in a research report on Wednesday, January 14th. Canaccord Genuity Group increased their price objective on shares of Planet Fitness from $139.00 to $140.00 and gave the company a “buy” rating in a research note on Wednesday, January 21st. Stifel Nicolaus set a $105.00 target price on shares of Planet Fitness in a research report on Tuesday. Finally, Royal Bank Of Canada reduced their price target on shares of Planet Fitness from $130.00 to $120.00 and set an “outperform” rating on the stock in a report on Wednesday. Two equities research analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat.com, Planet Fitness presently has an average rating of “Buy” and a consensus price target of $123.64.

Key Headlines Impacting Planet Fitness

Here are the key news stories impacting Planet Fitness this week:

• Positive Sentiment: Q4 results topped expectations — revenue $376.3M (+10.5% YoY) and EPS $0.83 beat estimates; strong same‑store sales and membership growth with record openings. Planet Fitness, Inc. Announces Fourth Quarter and Year-End 2025 Results
• Positive Sentiment: Operational momentum: 20.8M members, 104 club openings in Q4 (181 in 2025) and management highlighting Gen Z engagement and AI initiatives to drive growth. Planet Fitness Banks on Gen Z and AI Amid Record Club Openings
• Neutral Sentiment: FY‑2026 guidance is roughly in line with the Street (EPS 3.350–3.380 vs. ~3.34 consensus), so forward numbers aren’t wildly off — but the company’s wording and topline pacing left room for interpretation. Planet Fitness (PLNT) Q4 2025 Earnings Transcript
• Negative Sentiment: Market reaction centered on a weaker‑than‑expected outlook (notably topline guidance and tone), which triggered a sell‑off despite the quarter’s beats. Planet Fitness: Weak Outlook Overshadows Strong Q4
• Negative Sentiment: Analysts trimmed price targets after the print — JPMorgan cut its PT to $105 (still Overweight) and RBC trimmed to $120 (Outperform) — reducing near‑term upside expectations. Benzinga (JPMorgan PT cut) TickerReport (RBC PT cut)

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of PLNT. MML Investors Services LLC boosted its stake in Planet Fitness by 1.3% during the fourth quarter. MML Investors Services LLC now owns 9,811 shares of the company’s stock worth $1,064,000 after buying an additional 122 shares in the last quarter. Public Employees Retirement System of Ohio lifted its holdings in shares of Planet Fitness by 0.5% during the 3rd quarter. Public Employees Retirement System of Ohio now owns 26,627 shares of the company’s stock worth $2,764,000 after acquiring an additional 123 shares during the period. EverSource Wealth Advisors LLC boosted its position in shares of Planet Fitness by 184.5% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 330 shares of the company’s stock valued at $36,000 after acquiring an additional 214 shares in the last quarter. Quadrant Capital Group LLC increased its stake in Planet Fitness by 3.3% in the fourth quarter. Quadrant Capital Group LLC now owns 7,843 shares of the company’s stock valued at $851,000 after acquiring an additional 249 shares during the period. Finally, Coldstream Capital Management Inc. lifted its stake in Planet Fitness by 9.3% during the third quarter. Coldstream Capital Management Inc. now owns 3,614 shares of the company’s stock worth $375,000 after purchasing an additional 308 shares during the period. 95.53% of the stock is currently owned by institutional investors and hedge funds.

About Planet Fitness

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.