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

Key Points

• Planet Fitness is expected to report Q3 2026 results before the market opens on November 5. Analysts forecast earnings of $0.808 per share and revenue of $347.92 million.
• The company exceeded expectations in its latest quarter, reporting $0.88 EPS versus an $0.85 consensus and $365.22 million in revenue, up 7.1% year over year.
• Analysts maintain a generally positive outlook, with the stock carrying a “Moderate Buy” consensus rating and a $69.55 average price target versus its recent price of $52.55.

Planet Fitness (NYSE:PLNT - Get Free Report) is expected to post its Q3 2026 results before the market opens on Thursday, November 5th. Analysts expect Planet Fitness to announce earnings of $0.8080 per share and revenue of $347.92 million for the quarter. Planet Fitness has set its FY 2026 guidance at 3.254-3.254 EPS. Individuals are encouraged to explore the company's upcoming Q3 2026 earnings overview page for the latest details on the call scheduled for Thursday, November 5, 2026 at 8:00 AM ET.

Planet Fitness (NYSE:PLNT - Get Free Report) last announced its earnings results on Thursday, August 6th. The company reported $0.88 earnings per share for the quarter, topping the consensus estimate of $0.85 by $0.03. The firm had revenue of $365.22 million for the quarter, compared to the consensus estimate of $356.21 million. Planet Fitness had a net margin of 16.88% and a negative return on equity of 59.46%. The firm's revenue for the quarter was up 7.1% on a year-over-year basis. During the same period in the prior year, the firm earned $0.86 EPS. On average, analysts expect Planet Fitness to post $3.21 EPS for the current fiscal year and $3.50 EPS for the next fiscal year.

Planet Fitness Stock Up 0.6%

Planet Fitness stock opened at $52.55 on Thursday. Planet Fitness has a 52-week low of $37.03 and a 52-week high of $114.26. The firm has a market cap of $3.97 billion, a PE ratio of 17.81, a price-to-earnings-growth ratio of 1.13 and a beta of 1.05. The company's 50 day moving average is $48.77 and its two-hundred day moving average is $62.87.

Analyst Upgrades and Downgrades

A number of research firms have recently weighed in on PLNT. JPMorgan Chase & Co. upped their price objective on Planet Fitness from $60.00 to $62.00 and gave the stock an "overweight" rating in a research report on Thursday, July 9th. UBS Group reissued a "buy" rating on shares of Planet Fitness in a research note on Friday, October 9th. Canaccord Genuity Group upped their price target on Planet Fitness from $80.00 to $82.00 and gave the stock a "buy" rating in a report on Monday, July 20th. Zacks Research raised Planet Fitness from a "strong sell" rating to a "hold" rating in a research report on Friday, July 10th. Finally, Weiss Ratings reissued a "sell (d+)" rating on shares of Planet Fitness in a research report on Monday, September 14th. One research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, nine have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $69.55.

Insiders Place Their Bets

In other Planet Fitness news, Director Stephen Spinelli, Jr. acquired 10,000 shares of the company's stock in a transaction dated Monday, August 10th. The shares were acquired at an average price of $49.28 per share, for a total transaction of $492,800.00. Following the acquisition, the director owned 45,516 shares in the company, valued at $2,243,028.48. The trade was a 28.16% increase in their position. The purchase was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Christopher Tanco bought 2,328 shares of the business's stock in a transaction dated Monday, September 14th. The shares were acquired at an average cost of $51.23 per share, for a total transaction of $119,263.44. Following the transaction, the director directly owned 2,328 shares in the company, valued at approximately $119,263.44. This represents a ∞ increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. 0.90% of the stock is owned by company insiders.

About Planet Fitness

Planet Fitness, Inc NYSE: PLNT is a franchised fitness-center company that operates under the Planet Fitness brand. The company follows a “high-value, low-price” model designed to make gym memberships accessible to a broad range of consumers. Its clubs offer cardiovascular and strength-training equipment, group and individual exercise areas, and a welcoming environment known as the “Judgement Free Zone.”

Planet Fitness generates revenue primarily through membership dues, franchise royalties and fees, and sales of merchandise and other services.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.