$PLNT

Planet Fitness (PLNT) reported flat membership sequentially in Q2, with 21.5M members, up 3.6% YoY. Same-club sales rose 1.7%, driven by rate growth. Adjusted EBITDA increased 3.5% to $152.8M, but margins narrowed. Management expects 180-190 openings and 150-160 equipment placements this year. Financing costs are expected to increase, with adjusted net income projected to decline 3% despite 7% revenue growth.

Planet Fitness (PLNT) faces a class action lawsuit alleging securities fraud, claiming the company misled investors about its marketing strategy's effectiveness. PLNT shares fell 31.19% ($19.95 per share) after Q1 2026 results and reduced outlook. The lawsuit covers purchases between November 6, 2025, and May 6, 2026, with a deadline for lead plaintiffs set for September 14, 2026.

Planet Fitness (PLNT) faces a securities class action lawsuit alleging inadequate disclosure of marketing and pricing risks. The suit covers shares bought between Nov 6, 2025, and May 6, 2026, after which PLNT stock dropped 31.19%. The company revised its 2026 guidance and paused a price increase, according to the complaint.

Planet Fitness (PLNT) trades at a discount with a forward P/E of 15.9X, below industry and historical averages. Q2 saw flat membership growth and narrowing margins, with management implementing initiatives to boost acquisition and retention. The company has a pipeline of 800 additional clubs, but faces margin and financing pressures. Analysts suggest a measured view due to mixed signals.

Planet Fitness (PLNT) raised its 2026 adjusted EPS growth outlook to 6% from 4% due to share repurchases, reducing the expected share count. Adjusted net income is now expected to decline 3%, down from a prior 2% decrease. PLNT repurchased 4 million shares in Q2, spending $200 million. Margins narrowed, and interest expenses rose. The company plans further repurchases and club openings.

Planet Fitness, Inc. (NYSE: PLNT) faces a securities class action lawsuit over alleged misstatements regarding its Black Card price increase and growth algorithm. Shares dropped 31.19% from $63.96 to $44.01 on May 7, 2026, after the company reduced guidance and paused the price rollout. The lawsuit claims investors were not fully informed about risks tied to these strategies. Investors who purchased shares between November 6, 2025, and May 6, 2026, may be eligible to recover losses.

Baron Capital's Q2 2026 investor letter notes Planet Fitness (PLNT) underperformed due to slower member growth, leading to lowered guidance. The company cited weather, macroeconomic factors, and competition as challenges. Despite this, Baron believes PLNT remains a category leader with long-term advantages. PLNT's stock is down 7.10% in one month and 52.88% over 52 weeks, with a market cap of $3.82 billion.

Planet Fitness (PLNT) faces a securities class action lawsuit over alleged misstatements regarding its Black Card price increase and three-year growth algorithm. Shares dropped 31.19% from $63.96 to $44.01 on May 7, 2026, following reduced guidance and the pause of the Black Card rollout. The lawsuit claims the company failed to disclose risks tied to these initiatives. Investors who purchased shares between November 6, 2025, and May 6, 2026, may be eligible to recover losses, with a deadline of

Planet Fitness (PLNT) shares rose 5.4% after Morgan Stanley raised its price target to $51, citing Q2 earnings of $0.88 EPS and $365.2M revenue, up 7.1% YoY. The stock is still 52.7% below its 52-week high. Analysts maintain a Moderate Buy consensus with an average target near $70.

Morgan Stanley raised its price target on Planet Fitness to $51 from $47 and kept an Equalweight rating, according to the note. Planet Fitness shares last traded around $50.63, up 0.54% on the day, with a large year-to-date decline reported in the article.