Planet Fitness (PLNT) to Release Quarterly Earnings on Thursday

Planet Fitness (NYSE:PLNT) is anticipated to issue its Q1 2026 results before the market opens on Thursday, May 7th. Analysts expect Planet Fitness to post earnings of $0.63 per share and revenue of $298.6730 million for the quarter. Planet Fitness has set its FY 2026 guidance at 3.350-3.380 EPS. Individuals can check the company’s upcoming Q1 2026 earning summary page for the latest details on the call scheduled for Thursday, May 7, 2026 at 8:00 AM ET.

Planet Fitness (NYSE:PLNT) last posted its quarterly earnings data on Tuesday, February 24th. The company reported $0.83 earnings per share for the quarter, topping the consensus estimate of $0.79 by $0.04. Planet Fitness had a negative return on equity of 97.97% and a net margin of 16.55%.The firm had revenue of $376.26 million during the quarter, compared to analyst estimates of $366.48 million. During the same period last year, the company posted $0.70 EPS. The business’s quarterly revenue was up 10.5% on a year-over-year basis. 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 Stock Up 0.7%

Planet Fitness stock traded up $0.47 during trading on Wednesday, hitting $64.78. The stock had a trading volume of 783,184 shares, compared to its average volume of 1,771,245. The stock’s 50 day moving average is $74.52 and its two-hundred day moving average is $91.74. Planet Fitness has a 1 year low of $62.38 and a 1 year high of $114.47. The stock has a market cap of $5.18 billion, a price-to-earnings ratio of 24.76, a price-to-earnings-growth ratio of 1.10 and a beta of 1.12.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of the company. Quadrant Capital Group LLC increased its stake in Planet Fitness by 3.3% during the 4th quarter. Quadrant Capital Group LLC now owns 7,843 shares of the company’s stock valued at $851,000 after purchasing an additional 249 shares in the last quarter. Bridgefront Capital LLC lifted its holdings in Planet Fitness by 173.9% during the fourth quarter. Bridgefront Capital LLC now owns 5,383 shares of the company’s stock valued at $584,000 after purchasing an additional 3,418 shares in the last quarter. Boothbay Fund Management LLC purchased a new position in Planet Fitness during the fourth quarter valued at $512,000. Bellevue Group AG lifted its stake in Planet Fitness by 59.3% in the 3rd quarter. Bellevue Group AG now owns 4,301 shares of the company’s stock worth $446,000 after purchasing an additional 1,601 shares in the last quarter. Finally, Mercer Global Advisors Inc. ADV raised its stake in Planet Fitness by 62.5% during the fourth quarter. Mercer Global Advisors Inc. ADV now owns 3,994 shares of the company’s stock worth $433,000 after purchasing an additional 1,536 shares during the period. Institutional investors own 95.53% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms recently commented on PLNT. Macquarie Infrastructure reduced their target price on Planet Fitness from $112.00 to $100.00 and set a “neutral” rating on the stock in a research note on Thursday, January 29th. Wells Fargo & Company decreased their price target on shares of Planet Fitness from $90.00 to $80.00 and set an “overweight” rating for the company in a research note on Tuesday. UBS Group reaffirmed a “buy” rating on shares of Planet Fitness in a research note on Wednesday, March 18th. Royal Bank Of Canada decreased their target price on shares of Planet Fitness from $120.00 to $85.00 and set an “outperform” rating for the company in a research note on Wednesday, April 29th. Finally, Jefferies Financial Group reissued a “buy” rating and set a $175.00 price target on shares of Planet Fitness in a research report on Tuesday, February 24th. Three analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $109.27.

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.