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Planet Fitness, Inc.NYSE:PLNT Stock Report

Market Cap US$5.3b
Share Price
US$65.38
US$112.06
41.7% undervalued intrinsic discount
1Y-34.0%
7D-6.1%
Portfolio Value
View

Planet Fitness, Inc.

NYSE:PLNT Stock Report

Market Cap: US$5.3b

Planet Fitness (PLNT) Stock Overview

Planet Fitness, Inc., together with its subsidiaries, franchises and operates fitness centers under the Planet Fitness brand. More details

PLNT fundamental analysis
Snowflake Score
Valuation2/6
Future Growth1/6
Past Performance4/6
Financial Health1/6
Dividends0/6

PLNT Community Fair Values

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Planet Fitness, Inc. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Planet Fitness
Historical stock prices
Current Share PriceUS$65.38
52 Week HighUS$114.47
52 Week LowUS$63.41
Beta1.31
1 Month Change-9.37%
3 Month Change-28.19%
1 Year Change-34.01%
3 Year Change-5.97%
5 Year Change-15.25%
Change since IPO308.63%

Recent News & Updates

PLNT: Wellness Tailwinds And Franchise Expansion Will Support Higher Future P E Multiple

Planet Fitness' updated analyst price target has moved lower as analysts factor in slightly softer projected revenue growth, a higher discount rate and a reset in future P/E expectations, while still recognizing consistent profitability and constructive industry research commentary, including price targets clustered around $90 to $130 and select higher outliers up to $175. Analyst Commentary Recent Street research on Planet Fitness shows a mix of recalibrated expectations and ongoing confidence in the business model.

PLNT: Wellness Tailwinds And Mexico Expansion Will Support Future Upside

Planet Fitness' analyst fair value estimate has been reset from $130.00 to about $112.06 as analysts factor in a slightly higher discount rate, modestly softer long term margin and P/E assumptions, while still pointing to supportive industry trends, member and unit growth, and ongoing international expansion. Analyst Commentary Recent Street research on Planet Fitness offers a mix of optimism around the business model and industry setup, alongside caution tied to guidance, execution and communication.

PLNT: 2026 Membership And Comp Recovery Will Restore Credibility And Repricing

Analysts kept the fair value estimate for Planet Fitness steady at $90 while refining underlying model inputs, citing mixed reactions to updated 2026 guidance, a series of recalibrated price targets across the Street, and new Overweight initiations that highlight both credibility concerns and ongoing interest in the high value, low price fitness segment. Analyst Commentary Street views on Planet Fitness have shifted toward more cautious territory even as some firms continue to highlight long term potential in the high value, low price gym category.

Recent updates

PLNT: Wellness Tailwinds And Franchise Expansion Will Support Higher Future P E Multiple

Planet Fitness' updated analyst price target has moved lower as analysts factor in slightly softer projected revenue growth, a higher discount rate and a reset in future P/E expectations, while still recognizing consistent profitability and constructive industry research commentary, including price targets clustered around $90 to $130 and select higher outliers up to $175. Analyst Commentary Recent Street research on Planet Fitness shows a mix of recalibrated expectations and ongoing confidence in the business model.

PLNT: Wellness Tailwinds And Mexico Expansion Will Support Future Upside

Planet Fitness' analyst fair value estimate has been reset from $130.00 to about $112.06 as analysts factor in a slightly higher discount rate, modestly softer long term margin and P/E assumptions, while still pointing to supportive industry trends, member and unit growth, and ongoing international expansion. Analyst Commentary Recent Street research on Planet Fitness offers a mix of optimism around the business model and industry setup, alongside caution tied to guidance, execution and communication.

PLNT: 2026 Membership And Comp Recovery Will Restore Credibility And Repricing

Analysts kept the fair value estimate for Planet Fitness steady at $90 while refining underlying model inputs, citing mixed reactions to updated 2026 guidance, a series of recalibrated price targets across the Street, and new Overweight initiations that highlight both credibility concerns and ongoing interest in the high value, low price fitness segment. Analyst Commentary Street views on Planet Fitness have shifted toward more cautious territory even as some firms continue to highlight long term potential in the high value, low price gym category.

PLNT: 2026 Membership And Comp Recovery Will Drive Future Repricing

The analyst fair value estimate for Planet Fitness has been reduced from $112.00 to $90.00. This reflects lower Street price targets and updated assumptions around discount rate, profit margin, and future P/E as analysts factor in softer guidance, weather-related headwinds, and communication issues around 2026 expectations.

Planet Fitness: Long-Term Growth Intact, Buy Alert

Feb 24

PLNT: Mexico Expansion And Premium P/E Assumptions Will Support Long Term Upside

Analysts have nudged their Planet Fitness price targets higher, with recent $1 and $5 increases contributing to a refreshed fair value view around $130. This view is supported by slightly adjusted growth, margin expectations and a modestly updated future P/E assumption.

PLNT: Multi Year Earnings Framework Will Support Higher Future P E Multiple

Analysts nudged their Planet Fitness fair value estimate higher by about US$2 to roughly US$164, citing updated models that reflect the recent series of price target increases and refreshed expectations for revenue growth, profit margins and future P/E multiples. Analyst Commentary Recent Street research has tilted constructive on Planet Fitness, with several bullish analysts revisiting their models and nudging price targets higher following company updates and sector readthroughs.

PLNT: Investor Day Framework And Membership Trends Will Drive Future Repricing

Analysts have raised their Planet Fitness fair value estimate to $112 from $105, citing updated research that reflects higher revenue growth and profit margin assumptions, along with a lower future P/E multiple and a modestly reduced discount rate. Analyst Commentary Recent Street research on Planet Fitness has leaned constructive, with several firms lifting their price targets following what they describe as solid Q3 results, positive investor day messaging, and updated long term financial frameworks.

PLNT: Member Momentum And Asset Light Model Will Support Long Term Expansion

Analysts trimmed their discount rate and profit margin assumptions slightly while keeping fair value unchanged at US$130.41, reflecting recent price target raises into the US$120 to US$130 range. These are supported by upbeat views on Planet Fitness's long term growth algorithm, Q3 upside, and an asset light model aligned with broader health and wellness trends.

PLNT: Multi-Year Earnings Framework Will Support Durable Margin Expansion

Analysts have raised their Planet Fitness price target to approximately $162 per share from about $155, citing faster expected revenue growth, higher long term profit margins, and a more achievable multi year earnings algorithm following a series of positive estimate revisions and target increases across the Street. Analyst Commentary Bullish analysts are increasingly constructive on the Planet Fitness story, pointing to a combination of strong recent execution, a more visible long term growth algorithm, and upside to current Street expectations.

PLNT: Rising Member Trends Will Support Long Term Unit Expansion Outlook

Analysts have modestly raised their fair value estimate for Planet Fitness by about $1.50 per share, reflecting higher price targets in the $120 to $130 range as they cite stronger than expected Q3 momentum, an above consensus long term EBITDA growth outlook, and durable health and wellness demand. Analyst Commentary Bullish analysts highlight that the recent string of price target increases is grounded in both stronger than expected Q3 results and a more ambitious, yet still viewed as achievable, long term financial algorithm.

PLNT: Rising Member Join Trends Will Sustain Momentum Through 2025 Expansion Plans

Planet Fitness saw its analyst price target rise by $4 to $128.94 as analysts pointed to accelerating revenue growth, improving margins, and positive financial updates from recent investor communications. Analyst Commentary Analysts have recently provided a range of bullish adjustments to Planet Fitness’s price targets, highlighting strong momentum in both financial performance and strategic execution.

PLNT: Accelerating Member Momentum Will Drive Expansion Amid Competitive Industry Pressures

The analyst price target for Planet Fitness has increased to approximately $125 from $122.81. Analysts highlight accelerating momentum, stronger-than-expected results, and improved churn trends as factors supporting the company's growth outlook.

Global Club Expansion And Youth Engagement Will Foster Future Success

With no analyst reasoning provided, key valuation metrics for Planet Fitness—including the consensus price target, discount rate, and future P/E ratio—remained effectively unchanged, with the fair value estimate steady at $122.81. What's in the News The company repurchased 21,519 shares for $2.07 million, completing a total buyback of 565,745 shares for $52.08 million under the June 2024 program.

A Look At The Intrinsic Value Of Planet Fitness, Inc. (NYSE:PLNT)

Sep 02
A Look At The Intrinsic Value Of Planet Fitness, Inc. (NYSE:PLNT)

Is It Too Late To Consider Buying Planet Fitness, Inc. (NYSE:PLNT)?

Jul 23
Is It Too Late To Consider Buying Planet Fitness, Inc. (NYSE:PLNT)?

Here's Why We Think Planet Fitness (NYSE:PLNT) Is Well Worth Watching

Jul 05
Here's Why We Think Planet Fitness (NYSE:PLNT) Is Well Worth Watching

A Look At The Fair Value Of Planet Fitness, Inc. (NYSE:PLNT)

Jun 01
A Look At The Fair Value Of Planet Fitness, Inc. (NYSE:PLNT)

Planet Fitness, Inc.'s (NYSE:PLNT) Share Price Matching Investor Opinion

May 09
Planet Fitness, Inc.'s (NYSE:PLNT) Share Price Matching Investor Opinion

Planet Fitness: Rating Upgrade On Clear Long-Term Earnings Growth Outlook

Mar 30

Planet Fitness: A New Year Brings More Hope To This Gym Franchise (Rating Upgrade)

Mar 08

Planet Fitness: Well-Run, But A Slow Year Ahead

Feb 26

Planet Fitness: Rating Upgrade On Growth Acceleration Outlook

Jan 01

Planet Fitness: Powering To New Highs

Nov 07

Planet Fitness: Recommending A Hold Despite Tailwinds

Sep 13
User avatar

Expanding Globally And Innovating Pricing To Fuel Revenue And Royalty Income Surge

Expansion plans and new growth models aim to double domestic footprint and enhance global presence, promising higher franchisee revenue and royalty income.

Planet Fitness: Visible Catalysts, But I Am Still Waiting For Growth To Accelerate

Aug 19

Planet Fitness: Extensive Runway To Deploy Funds, But At Sub-Par Rates Of Return

Aug 02

Planet Fitness: Growth Continues, But We Cannot Get Behind The Stock

May 09

Planet Fitness: Uncertainty Continues To Mount

Mar 09

Shareholder Returns

PLNTUS HospitalityUS Market
7D-6.1%-0.5%0.8%
1Y-34.0%1.4%27.7%

Return vs Industry: PLNT underperformed the US Hospitality industry which returned 4.4% over the past year.

Return vs Market: PLNT underperformed the US Market which returned 28.7% over the past year.

Price Volatility

Is PLNT's price volatile compared to industry and market?
PLNT volatility
PLNT Average Weekly Movement5.0%
Hospitality Industry Average Movement7.3%
Market Average Movement7.2%
10% most volatile stocks in US Market16.2%
10% least volatile stocks in US Market3.3%

Stable Share Price: PLNT has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: PLNT's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19924,393Colleen Keatingwww.planetfitness.com

Planet Fitness, Inc., together with its subsidiaries, franchises and operates fitness centers under the Planet Fitness brand. The company operates through three segments: Franchise, Corporate-Owned Clubs, and Equipment. The Franchise segment includes operations related to the franchising business in the United States, Puerto Rico, Canada, Panama, Mexico and Australia.

Planet Fitness, Inc. Fundamentals Summary

How do Planet Fitness's earnings and revenue compare to its market cap?
PLNT fundamental statistics
Market capUS$5.29b
Earnings (TTM)US$219.10m
Revenue (TTM)US$1.24b
23.6x
P/E Ratio
4.2x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
PLNT income statement (TTM)
RevenueUS$1.24b
Cost of RevenueUS$501.15m
Gross ProfitUS$736.00m
Other ExpensesUS$516.90m
EarningsUS$219.10m

Last Reported Earnings

Dec 31, 2025

Next Earnings Date

May 07, 2026

Earnings per share (EPS)2.77
Gross Margin59.49%
Net Profit Margin17.71%
Debt/Equity Ratio-513.5%

How did PLNT perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/01 07:04
End of Day Share Price 2026/05/01 00:00
Earnings2025/12/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Planet Fitness, Inc. is covered by 25 analysts. 19 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Jonathan KompBaird
Brennan MatthewsBerenberg
Xian Siew Hew SamBNP Paribas