William Blair Comments on Planet Fitness Q1 Earnings

Planet Fitness, Inc. (NYSE:PLNT) – Equities research analysts at William Blair issued their Q1 2026 EPS estimates for shares of Planet Fitness in a research report issued to clients and investors on Friday, November 14th. William Blair analyst S. Zackfia expects that the company will post earnings of $0.67 per share for the quarter. The consensus estimate for Planet Fitness’ current full-year earnings is $2.51 per share. William Blair also issued estimates for Planet Fitness’ Q2 2026 earnings at $0.94 EPS, Q3 2026 earnings at $0.92 EPS, Q4 2026 earnings at $0.93 EPS, FY2026 earnings at $3.46 EPS and FY2027 earnings at $4.14 EPS.

Planet Fitness (NYSE:PLNT) last posted its quarterly earnings results on Thursday, November 6th. The company reported $0.80 EPS for the quarter, topping analysts’ consensus estimates of $0.72 by $0.08. The firm had revenue of $330.35 million during the quarter, compared to analyst estimates of $323.95 million. Planet Fitness had a negative return on equity of 126.58% and a net margin of 15.97%.The business’s revenue for the quarter was up 13.0% on a year-over-year basis. During the same period last year, the company earned $0.64 earnings per share. Planet Fitness has set its FY 2025 guidance at 3.000-3.030 EPS.

Other research analysts have also issued research reports about the company. Macquarie lifted their target price on Planet Fitness from $105.00 to $110.00 and gave the company a “neutral” rating in a report on Tuesday, November 11th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Planet Fitness in a research note on Thursday, November 13th. Morgan Stanley increased their target price on shares of Planet Fitness from $119.00 to $123.00 and gave the stock an “overweight” rating in a research note on Wednesday, November 12th. Jefferies Financial Group reissued a “buy” rating on shares of Planet Fitness in a report on Wednesday, September 24th. Finally, Royal Bank Of Canada boosted their price target on shares of Planet Fitness from $115.00 to $120.00 and gave the company an “outperform” rating in a research report on Friday. One investment analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $117.23.

Planet Fitness Stock Performance

NYSE:PLNT opened at $103.59 on Monday. The business’s fifty day moving average is $98.89 and its 200 day moving average is $103.24. The firm has a market cap of $8.63 billion, a price-to-earnings ratio of 42.28, a PEG ratio of 2.28 and a beta of 1.37. Planet Fitness has a 52-week low of $87.72 and a 52-week high of $114.47.

Institutional Investors Weigh In On Planet Fitness

A number of large investors have recently added to or reduced their stakes in the company. CWM LLC increased its position in shares of Planet Fitness by 18.8% during the 1st quarter. CWM LLC now owns 1,863 shares of the company’s stock valued at $180,000 after purchasing an additional 295 shares during the last quarter. Signaturefd LLC grew its position in Planet Fitness by 253.9% during the first quarter. Signaturefd LLC now owns 2,028 shares of the company’s stock valued at $196,000 after acquiring an additional 1,455 shares during the last quarter. Victory Capital Management Inc. grew its position in Planet Fitness by 304.2% during the first quarter. Victory Capital Management Inc. now owns 64,294 shares of the company’s stock valued at $6,211,000 after acquiring an additional 48,389 shares during the last quarter. Verdence Capital Advisors LLC raised its stake in shares of Planet Fitness by 25.5% during the first quarter. Verdence Capital Advisors LLC now owns 3,805 shares of the company’s stock worth $368,000 after acquiring an additional 772 shares in the last quarter. Finally, Csenge Advisory Group bought a new stake in shares of Planet Fitness in the 1st quarter worth approximately $596,000. Hedge funds and other institutional investors own 95.53% of the company’s stock.

Planet Fitness Company Profile

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 Stores, and Equipment. The company is involved in franchising business in the United States, Puerto Rico, Canada, Panama, Mexico, and Australia.