Planet Fitness (PLNT) Expected to Announce Earnings on Wednesday

Planet Fitness (NYSE:PLNT) is expected to be issuing its Q2 2026 results before the market opens on Wednesday, August 5th. Analysts expect Planet Fitness to post earnings of $0.85 per share and revenue of $356.7780 million for the quarter. Planet Fitness has set its FY 2026 guidance at 3.190-3.190 EPS. Individuals can find conference call details on the company’s upcoming Q2 2026 earning results page for the latest details on the call scheduled for Thursday, August 6, 2026 at 8:00 AM ET.

Planet Fitness (NYSE:PLNT) last released its quarterly earnings results on Thursday, May 7th. The company reported $0.74 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.63 by $0.11. The firm had revenue of $337.24 million for the quarter, compared to analysts’ expectations of $298.60 million. Planet Fitness had a net margin of 16.52% and a negative return on equity of 81.29%. The firm’s revenue for the quarter was up 21.9% compared to the same quarter last year. During the same quarter last year, the company earned $0.59 EPS. On average, analysts expect Planet Fitness to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Planet Fitness Stock Performance

NYSE:PLNT opened at $55.80 on Wednesday. The company has a fifty day moving average of $52.23 and a two-hundred day moving average of $69.53. The stock has a market capitalization of $4.43 billion, a PE ratio of 20.15, a P/E/G ratio of 1.18 and a beta of 1.04. Planet Fitness has a fifty-two week low of $37.03 and a fifty-two week high of $114.26.

Key Stories Impacting Planet Fitness

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

• Neutral Sentiment: Multiple law firms, including Rosen investor notice Rosen, Faruqi & Faruqi, Pomerantz and others, reminded investors about a September 14, 2026 lead-plaintiff deadline for shareholders who purchased PLNT stock during the November 6, 2025–May 6, 2026 class period. These announcements are generally solicitations for potential plaintiffs and do not establish liability.
• Negative Sentiment: The lawsuits allege that Planet Fitness and certain executives misled investors about marketing effectiveness, membership growth, Black Card pricing, and financial guidance. The claims focus on an allegedly unsuccessful marketing campaign that failed to resonate with casual gym-goers and contributed to disappointing membership growth, followed by a reported stock decline of more than 31%. Planet Fitness class-action reminder
• Negative Sentiment: The continuing stream of law-firm notices increases litigation visibility and could create legal costs, reputational risk, and uncertainty around Planet Fitness’s marketing strategy, membership trends, and future financial outlook. However, the articles provide no new estimate of potential damages or evidence that the company has admitted wrongdoing. PLNT shareholder alert

Analyst Upgrades and Downgrades

Several analysts have recently issued reports on the stock. Robert W. Baird set a $80.00 target price on shares of Planet Fitness in a research report on Friday, May 8th. KeyCorp decreased their price target on shares of Planet Fitness from $100.00 to $65.00 and set an “overweight” rating on the stock in a research note on Friday, May 8th. William Blair cut Planet Fitness from an “outperform” rating to a “market perform” rating in a report on Thursday, May 7th. Jefferies Financial Group set a $133.00 target price on Planet Fitness in a research report on Thursday, May 7th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and issued a $55.00 price target on shares of Planet Fitness in a research note on Wednesday, July 22nd. One research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, nine have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $74.50.

Insiders Place Their Bets

In other Planet Fitness news, Director Frances G. Rathke acquired 5,000 shares of the company’s stock in a transaction that occurred on Friday, May 8th. The stock was bought at an average price of $46.21 per share, with a total value of $231,050.00. Following the purchase, the director owned 5,000 shares in the company, valued at approximately $231,050. The trade was a ∞ increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 0.90% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of the business. Goldman Sachs Group Inc. increased its holdings in shares of Planet Fitness by 1.8% in the first quarter. Goldman Sachs Group Inc. now owns 1,389,098 shares of the company’s stock valued at $134,201,000 after purchasing an additional 24,981 shares during the last quarter. Empowered Funds LLC purchased a new position in Planet Fitness during the first quarter worth approximately $1,891,000. EverSource Wealth Advisors LLC lifted its position in 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 buying an additional 214 shares in the last quarter. First Trust Advisors LP boosted its stake in Planet Fitness by 25.8% during the second quarter. First Trust Advisors LP now owns 142,689 shares of the company’s stock worth $15,560,000 after buying an additional 29,305 shares during the last quarter. Finally, Jump Financial LLC acquired a new position in Planet Fitness during the second quarter worth $267,000. 95.53% of the stock is owned by hedge funds and other institutional investors.

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.