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

Planet Fitness (NYSE:PLNT) issued an update on its FY 2026 earnings guidance on Tuesday morning. 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.

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on the stock. TD Cowen reissued a “buy” rating on shares of Planet Fitness in a report on Wednesday, January 14th. Royal Bank Of Canada reiterated an “outperform” rating and issued a $135.00 price target on shares of Planet Fitness in a research report on Tuesday, December 9th. Jefferies Financial Group reissued a “buy” rating and set a $175.00 price objective on shares of Planet Fitness in a report on Tuesday. Weiss Ratings restated a “hold (c+)” rating on shares of Planet Fitness in a research note on Monday, December 29th. Finally, Stifel Nicolaus set a $105.00 target price on Planet Fitness in a report on Tuesday. Two equities research analysts have rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and two have given a Hold rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Buy” and an average target price of $124.58.

Planet Fitness Trading Down 8.6%

Shares of PLNT opened at $82.95 on Wednesday. Planet Fitness has a 12-month low of $79.18 and a 12-month high of $114.47. The company has a market cap of $6.91 billion, a PE ratio of 33.86, a price-to-earnings-growth ratio of 1.39 and a beta of 1.26. The stock has a 50-day moving average price of $98.85 and a 200-day moving average price of $101.33.

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 net margin of 15.97% and a negative return on equity of 126.58%. The company had revenue of $376.26 million for the quarter, compared to analysts’ expectations of $366.48 million. During the same period in the prior year, the business earned $0.70 earnings per share. Planet Fitness’s revenue for the quarter was up 10.5% compared to the same quarter last year. Planet Fitness has set its FY 2026 guidance at 3.350-3.380 EPS. As a group, analysts predict that Planet Fitness will post 2.51 earnings per share for the current year.

More Planet Fitness News

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

• Positive Sentiment: Q4 results beat expectations: Planet Fitness reported higher revenue and EPS for the quarter and showed same‑store sales growth, supporting near‑term profitability improvements. PR News Release
• Positive Sentiment: Member growth and expansion remain strong: the chain finished 2025 with ~20.8M members, opened a record number of clubs (104 in Q4; 181 in 2025), underlining unit economics and growth runway. PYMNTS: Gen Z & AI, club openings
• Positive Sentiment: Long‑term thesis intact for some investors: analysts/voices view the FY26 guidance as conservative and see an attractive valuation relative to historical norms, framing any pullback as a buying opportunity. Seeking Alpha: Buy Alert
• Neutral Sentiment: Guidance specifics: management set FY‑2026 EPS guidance (3.350–3.380) and gave revenue/comp guidance that many read as cautious; investors are parsing the details and assumptions on openings, comps and marketing. WSJ: Results & guidance
• Neutral Sentiment: Full call/transcript available for detail: management discussed Gen‑Z engagement, AI initiatives and unit economics — useful for assessing whether guidance is conservative or signal of demand deceleration. Yahoo: Earnings Transcript
• Negative Sentiment: Outlook disappointed investors: several outlets note that revenue/comp guidance and the tone around FY26 fell short of Street expectations, and that lower guidance outweighed the quarter’s beats — triggering the sell‑off. Seeking Alpha: Weak Outlook
• Negative Sentiment: Immediate market reaction was negative: coverage highlights shares sinking after the outlook, as investors reassess growth assumptions and the sustainability of comp gains. MSN: Shares Sink

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the company. SRS Investment Management LLC raised its position in Planet Fitness by 4.5% during the fourth quarter. SRS Investment Management LLC now owns 4,877,578 shares of the company’s stock valued at $529,071,000 after purchasing an additional 212,145 shares in the last quarter. Steadfast Capital Management LP increased its position in shares of Planet Fitness by 4.6% during the 3rd quarter. Steadfast Capital Management LP now owns 1,888,992 shares of the company’s stock valued at $196,077,000 after purchasing an additional 83,215 shares during the last quarter. Goldman Sachs Group Inc. increased its position in shares of Planet Fitness by 1.8% during the 1st 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. Dimensional Fund Advisors LP raised its holdings in shares of Planet Fitness by 0.9% during the 4th quarter. Dimensional Fund Advisors LP now owns 1,216,215 shares of the company’s stock valued at $131,926,000 after buying an additional 10,508 shares in the last quarter. Finally, UBS Group AG lifted its position in Planet Fitness by 4.0% in the 3rd quarter. UBS Group AG now owns 824,395 shares of the company’s stock worth $85,572,000 after buying an additional 31,605 shares during the last quarter. Institutional investors own 95.53% of the company’s stock.

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.