Planet Fitness stock gained 1.34 percent as estimates rise

Published on 10/04/2026 at 22:36 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Planet Fitness stock gained 1.34 percent on October 2, while seven analysts lifted fiscal 2026 estimates by USD 0.04 to USD 3.21. Q2 revenue rose 7.1 percent.

PLNT, US72703H1014, Illustration mit AI erstellt.

Planet Fitness (ISIN US72703H1014) closed at USD 42.41 on the NYSE on October 2, 2026, up 1.34 percent for the session. The move came as Zacks reported that seven analysts had raised their fiscal 2026 earnings estimates during the previous 60 days.

Estimates move to USD 3.21

The Zacks consensus estimate for fiscal 2026 earnings per share rose by USD 0.04 to USD 3.21, according to the October 2, 2026 report. Zacks also assigned PLNT a Rank 3, or Hold, while giving the stock a Value Style Score of B.

The estimate revision gives the recent price move a measurable earnings backdrop. At USD 42.41, the stock trades 65.6 percent below the USD 70.24 average 12-month target published by MarketBeat.

Q2 revenue reaches USD 365.22 million

Planet Fitness reported second-quarter 2026 revenue of USD 365.22 million and adjusted EPS of USD 0.88, compared with consensus EPS of USD 0.85, in results reported August 6, 2026, according to MarketBeat. Revenue increased 7.1 percent from the same quarter a year earlier, while the company maintained fiscal 2026 guidance of USD 3.254 adjusted EPS.

The comparison with consensus matters because the latest quarter combined revenue growth with an adjusted EPS beat of USD 0.03. It also places the USD 3.21 fiscal-year consensus below the company's USD 3.254 guidance figure, a difference of USD 0.044 per share.

Moderate Buy meets legal risk

MarketBeat counted 22 covering firms in its consensus, including 11 Buy ratings, one Strong Buy, nine Holds and one Sell. The average target was USD 70.24, with a high target of USD 106.00 and a low target of USD 50.00.

The valuation case sits alongside a legal risk tied to allegations concerning membership growth, marketing effectiveness and Black Card pricing, as described in the same MarketBeat report. The allegations have not been proven in court.

Planet Fitness says it has more than 2,900 locations and operates through a franchise-led model supported by corporate-owned clubs and equipment sales.

Stock remains below yearly high

Planet Fitness had a market capitalization of USD 3.4 billion and trading volume of 1,713,572 shares on October 2, 2026. Its 52-week range was USD 37.03 to USD 114.26, leaving the closing price USD 71.85 below the yearly high.

Planet Fitness closed at USD 42.41 on October 2, 2026, on the NYSE. The combination of a 1.34 percent daily gain, a USD 0.03 quarterly adjusted EPS beat and higher fiscal estimates gives investors three measurable points for assessing the stock's next move.