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Planet Fitness, Inc. (PLNT) Stock Analysis

Falling Knife setup · Temp Headwind edge

HoldModerate Confidence

Consumer Cyclical · Leisure

Earnings in 7 days (2026-05-07). Expect elevated volatility around the report — consider waiting for post-earnings price action before new entries.

Hold if already holding. Not a fresh buy at $65.04, but acceptable to hold if already in. Reasons: Earnings in 7 days (event risk); Negative momentum.

Planet Fitness is one of the largest franchisors and operators of fitness centers globally, with 2,896 clubs (2,604 franchisee-owned, 292 corporate-owned) and approximately 20.8 million members as of end of 2025. It recorded $1.3 billion in revenues and $5.3 billion in... Read more

$65.04+50.8% A.UpsideScore 6.1/10#1 of 13 Leisure
Stop $61.51Target $97.55(analyst − 10%)A.R:R 7.5:1
Analyst target$108.39+66.6%18 analysts
$97.55our TP
$65.04price
$108.39mean
$175

Hold if already holding. Not a fresh buy at $65.04, but acceptable to hold if already in. Reasons: Earnings in 7 days (event risk); Negative momentum. Chart setup: Death cross, below all MAs, RSI 32, MACD bearish. Maintain position. Not compelling to add more. Score 6.1/10, moderate confidence.

Passes 5/8 gates (favorable risk/reward ratio, clean insider activity, no SEC red flags, news boost analyst 0.40, semi cycle peak clear). Fails on weak momentum and death cross (50MA < 200MA) and earnings proximity 7d<=7d. Suitability: aggressive.

Thesis

Rewards
Strong earnings beat streak (3/4)
High-quality business
Analyst upside: 51%
Risks
Earnings in 7 days (event risk)
Negative momentum
Below 200-MA, MA slope -5.1%/30d (confirmed downtrend)

Key Metrics

P/E (TTM)24.5
P/E (Fwd)15.9
Mkt Cap$5.1B
EV/EBITDA13.9
Profit Mgn17.7%
ROE
Rev Growth10.7%
Beta1.31
DividendNone
Rating analysts26

Quality Signals

Piotroski F9/9

Options Flow

P/C1.42bearish
IV72%elevated
Max Pain$140+115.3% vs spot

Concentration Risks(10-K Item 1A)

  • MEDIUMSupplierlimited number of suppliers
    10-K Item 1A: 'Our dependence on a limited number of suppliers for equipment and certain products and services could result in disruptions to our business'

Material Events(8-K, last 90d)

  • 2026-03-16Item 5.02LOW
    Harmit Singh (EVP & CFO at Levi Strauss) appointed to Planet Fitness Board effective March 16, 2026. Board size increased from nine to ten members. No disagreement cited.
    SEC filing →
  • 2026-03-09Item 5.02MEDIUM
    Jay Stasz departed as CFO effective March 9, 2026. Tom Fitzgerald appointed interim CFO same date. Company initiated search for permanent CFO with executive search firm. No disagreement cited.
    SEC filing →
  • 2026-02-09Item 5.02LOW
    Stephen Beard (Chairman and CEO of Covista Inc.) appointed to Planet Fitness Board effective February 9, 2026. Board size increased from eight to nine members. No disagreement cited.
    SEC filing →

Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. Full disclaimer

Rating Breakdown

1 floor-breaker·1 ceiling hit

Price action weak — below key moving averages, no momentum carry. Needs a base before trend-continuation setups apply.static

Macd
0.0
Volume
0.0
Obv
1.0
Ma Position
1.0
Rsi
3.5
Volume distribution (falling OBV)Below 200-MA, MA slope -5.1%/30d — confirmed downtrend
GatesMomentum 1.1<4.5Death cross (50MA < 200MA)EARNINGS PROXIMITY 7d<=7dA.R:R 7.5 ≥ 1.5Insider activity: OKNo SEC red flagsNEWS BOOST ANALYST 0.40SEMI CYCLE PEAK CLEARFalling KnifeSuitability: Aggressive
RSI
32 · Neutral
20D MA 50D MA 200D MADEATH CROSSSupport $63.41Resistance $75.98

Price Targets

$62
$98
A.Upside+50.0%
A.R:R7.5:1

Position Sizing

ConvictionNone
Suggested %0.5%
Max %1%
RegimeSteady

Risk Alerts

! Momentum score 1.1/10 — below 4.5 minimum
! Death cross — 50-day MA below 200-day MA
! EARNINGS_PROXIMITY:7d<=7d

Earnings

B
B
B
M
3/4 beats
Next Earnings2026-05-07 (7d)

Verdict History

reverse chrono — latest first
Loading history...
Verdicts are recorded on every nightly pipeline run. Rows capture transitions (verdict flips, score deltas ≥0.3, entry/TP/SL changes). Rows with a ▶ can be expanded to see the change reason. Aggregate cohort performance is tracked in the recommendation ledger.
Frequently Asked Questions
Is PLNT stock a buy right now?

Hold if already holding. Not a fresh buy at $65.04, but acceptable to hold if already in. Reasons: Earnings in 7 days (event risk); Negative momentum. Chart setup: Death cross, below all MAs, RSI 32, MACD bearish. Maintain position. Not compelling to add more. Target $97.55 (+50.0%), stop $61.51 (−5.7%), A.R:R 7.5:1. Score 6.1/10, moderate confidence.

What is the PLNT stock price target?

Take-profit target: $97.55 (+50.8% upside). Target $97.55 (+50.0%), stop $61.51 (−5.7%), A.R:R 7.5:1. Stop-loss: $61.51.

What are the risks of investing in PLNT?

Earnings in 7 days (event risk); Negative momentum; Below 200-MA, MA slope -5.1%/30d (confirmed downtrend).

Is PLNT overvalued or undervalued?

Planet Fitness, Inc. trades at a P/E of 24.5 (forward 15.9). TrendMatrix value score: 6.9/10. Verdict: Hold.

What do analysts say about PLNT?

26 analysts cover PLNT with a consensus score of 4.2/5. Average price target: $108.

What does Planet Fitness, Inc. do?Planet Fitness is one of the largest franchisors and operators of fitness centers globally, with 2,896 clubs (2,604...

Planet Fitness is one of the largest franchisors and operators of fitness centers globally, with 2,896 clubs (2,604 franchisee-owned, 292 corporate-owned) and approximately 20.8 million members as of end of 2025. It recorded $1.3 billion in revenues and $5.3 billion in system-wide sales in 2025, generating royalty revenue from franchisee-owned clubs and direct revenue from corporate clubs.

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