PLNT
Planet Fitness, Inc. · Consumer Discretionary · Leisure
At close
$52.86
−$0.48 (−0.89%) Close
Pre-market $52.97 +$0.12 (+0.22%) 5:35 AM ET
Prev close $53.33
Open $53.13
Day high $53.13
Day low $52.86
Volume 222
Avg vol 2,088,651
Mkt cap
$4.03B
EV/Sales
4.46
P/E ratio
16.94
FY Revenue
$1.41B
EPS
3.15
Gross Margin
81.67%
Div yield
0.02%
Sector
Consumer Discretionary
AI report sections
PLNT
Planet Fitness, Inc.
Planet Fitness shows solid profitability, positive revenue and earnings growth, and healthy free cash flow generation, yet operates with negative equity and substantial long-term debt. The share price has declined sharply over the past year and remains far below its 52-week high, even as recent price action and technical patterns point to short-term upside momentum above key moving averages. Elevated short interest and predominantly negative legal-focused news underscore ongoing sentiment and headline risk.
AI summarized at 3:26 AM ET, 2026-07-21
AI summary scores
INTRADAY: 63 SWING: 48 LONG: 55
Volume vs average
Intraday (cumulative)
−12% (Below avg)
Vol/Avg: 0.88×
RSI
46.72 (Neutral)
Neutral (40–60)
MACD momentum
Intraday
-0.03 (Weak)
MACD: -0.03 Signal: 0.01
Short-Term
+0.12 (Strong)
MACD: -0.02 Signal: -0.14
Long-Term
+0.09 (Strong)
MACD: 0.06 Signal: -0.03
Intraday trend score 48.00

Latest news

PLNT 12 articles Positive: 0 Neutral: 0 Negative: 12
Negative GlobeNewswire Inc. • Bronstein, Gewirtz & Grossman Llc
Bronstein, Gewirtz & Grossman LLC Urges Planet Fitness, Inc. Investors to Act: Class Action Filed Alleging Investor Harm

A class action lawsuit has been filed against Planet Fitness, Inc. alleging that company executives made materially false and misleading statements regarding marketing effectiveness, member growth, and financial guidance during the period from November 6, 2025 to May 6, 2026. The complaint claims Planet Fitness' updated marketing strategy failed to resonate with its target demographic and that the company would need to restructure its approach and abandon planned price increases, rendering previous financial projections unattainable.

PLNT class action lawsuit securities fraud Planet Fitness false statements member growth financial guidance marketing strategy
Sentiment note

The company is accused of making materially false and misleading statements about its marketing effectiveness, member growth, and financial guidance. Allegations include that management misrepresented business prospects and failed to disclose significant operational headwinds, resulting in unattainable financial targets and requiring strategic reversals.

Negative GlobeNewswire Inc. • Rosen Law Firm
PLNT FINAL DEADLINE: ROSEN, A RANKED AND LEADING LAW FIRM, Encourages Planet Fitness, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action - PLNT

A securities class action lawsuit has been filed against Planet Fitness, Inc. for allegedly making materially false and misleading statements about customer acquisition and marketing metrics. The company's updated marketing strategy failed to resonate with its target demographic, resulting in significant headwinds in net member joins and rendering fiscal 2026 guidance unachievable. The lead plaintiff deadline is September 14, 2026.

PLNT securities class action Planet Fitness false statements marketing metrics customer acquisition lead plaintiff deadline investor compensation
Sentiment note

The company is the subject of a securities class action lawsuit alleging material misstatements regarding customer acquisition and marketing effectiveness. The lawsuit claims Planet Fitness concealed significant headwinds in member joins, failed marketing strategy, and inability to achieve previously issued guidance, resulting in investor damages.

Negative GlobeNewswire Inc. • Glancy Prongay Wolke & Rotter Llp
Deadline Alert: Planet Fitness, Inc. (PLNT) Shareholders Who Lost Money Urged To Contact Glancy Prongay Wolke & Rotter LLP About Securities Fraud Lawsuit

Planet Fitness faces a class action securities fraud lawsuit after the company slashed same-store sales growth guidance from 4-5% to 1% and withdrew its three-year growth plan in May 2026. The disclosure revealed that an over-pivoted marketing campaign failed to resonate with core customers and the company paused its Black Card price increase rollout. The stock fell 31.2% on the news. Investors who purchased PLNT securities between November 6, 2025 and May 6, 2026 have until September 14, 2026 to file a lead plaintiff motion.

PLNT securities fraud class action lawsuit misleading statements growth guidance marketing campaign stock price decline membership growth
Sentiment note

The company issued significantly reduced growth guidance (from 4-5% to 1%), withdrew its three-year growth plan, and disclosed that its marketing strategy failed to resonate with customers. The 31.2% stock price decline and resulting securities fraud lawsuit indicate serious operational and strategic failures that materially harmed investor value.

Negative GlobeNewswire Inc. • Schall, Brown & Schwartz Llp
PLNT Investors Have Opportunity to Lead Planet Fitness, Inc. Securities Fraud Lawsuit with SBS Law

Schall, Brown & Schwartz LLP announced a class action lawsuit against Planet Fitness, Inc. (NYSE: PLNT) for securities violations. The lawsuit alleges the company made false and misleading statements regarding a failed national price increase on its Black Card, overstated growth outlook, and exaggerated its ability to drive new member joins. The class period spans November 6, 2025 to May 6, 2026, with a deadline of September 14, 2026 for shareholders to participate.

PLNT class action lawsuit securities fraud false statements price increase Black Card growth outlook shareholder rights
Sentiment note

The company is accused of making false and misleading statements to investors, failing to execute a national price increase strategy, overstating growth prospects, and exaggerating marketing effectiveness. These allegations resulted in investor losses and triggered securities litigation.

Negative GlobeNewswire Inc. • Rosen Law Firm
PLNT FINAL DEADLINE: ROSEN, A LEADING LAW FIRM, Encourages Planet Fitness, Inc. Investors with Losses in Excess of $100K to Secure Counsel Before Important Deadline in Securities Class Action - PLNT

Rosen Law Firm announces a securities class action lawsuit against Planet Fitness, Inc. for allegedly making false statements about customer acquisition and marketing metrics. The firm claims Planet Fitness' updated marketing strategy failed to resonate with its target demographic, resulting in significant headwinds in net member joins and rendering fiscal 2026 guidance unachievable. Investors with losses exceeding $100K are encouraged to join the class action before the September 14, 2026 lead plaintiff deadline.

PLNT securities class action Planet Fitness false statements marketing metrics customer acquisition investor losses lead plaintiff deadline
Sentiment note

The company is the subject of a securities class action lawsuit alleging materially false and misleading statements regarding customer acquisition and marketing metrics. The lawsuit claims the company's marketing strategy failed, resulting in significant headwinds in member joins and making previously issued guidance unachievable, causing investor damages.

Negative GlobeNewswire Inc. • Bragar Eagel & Squire, P.C.
Bragar Eagel & Squire, P.C. Reminds Planet Fitness, Inc. Investors to Contact the Firm Seeking Lead Plaintiff Role Before September 14th

A class action lawsuit has been filed against Planet Fitness for allegedly making false statements about its Black Card price increase rollout, membership growth projections, and marketing effectiveness. The company cut 2026 revenue guidance from 9% to 7% and paused its Black Card price increase on May 7, 2026, causing the stock to plummet 31% in a single day. Investors who purchased shares between November 6, 2025, and May 6, 2026, have until September 14, 2026, to apply as lead plaintiff.

PLNT class action lawsuit securities litigation misleading statements membership growth revenue guidance cut stock price decline Black Card price increase
Sentiment note

The company is facing a class action lawsuit alleging material misstatements regarding business fundamentals. Additionally, the company cut revenue and EBITDA growth guidance significantly and paused a key pricing initiative, resulting in a 31% single-day stock decline, indicating serious operational and strategic challenges.

Negative GlobeNewswire Inc. • Pomerantz Llp
INVESTOR ALERT: Pomerantz Law Firm Reminds Investors with Losses on their Investment in Planet Fitness, Inc. of Class Action Lawsuit and Upcoming Deadlines – PLNT

Pomerantz Law Firm has filed class action lawsuits against Planet Fitness, Rackspace Technology, and The Chemours Company, alleging securities fraud and unlawful business practices. Planet Fitness saw a significant stock price decline of 31.19% on May 7, 2026, following disappointing Q1 2026 results and reduced full-year guidance. Investors have until September 14, 2026, to join the class action.

PLNT RXT CC class action lawsuit securities fraud Planet Fitness Rackspace Technology The Chemours Company
Sentiment note

Company faced slower than expected member growth, paused Black Card price increase, and significantly reduced 2026 guidance across multiple metrics (system-wide same club sales growth from 4-5% to 1%, revenue growth from 9% to 7%, adjusted EBITDA growth from 10% to 6%). Stock price fell 31.19% on the announcement, indicating substantial investor concern and potential securities fraud allegations.

Negative GlobeNewswire Inc. • Rosen Law Firm
ROSEN, THE FIRST FILING FIRM, Encourages Blaize Holdings, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action First Filed by the Firm - BZAI

Rosen Law Firm has filed securities class action lawsuits against Blaize Holdings, Inc., Datavault AI Inc., and Planet Fitness, Inc. on behalf of investors who purchased securities during specified periods. The lawsuits allege false statements, misleading disclosures, and improper revenue recognition. Investors have until October 5, 2026 to move the court if they wish to serve as lead plaintiff.

BZAI BZAIW DVLT PLNT securities class action false statements misleading disclosures revenue recognition
Sentiment note

Company is subject of securities class action lawsuit reminder from Rosen Law Firm, indicating ongoing litigation related to alleged securities violations.

Negative GlobeNewswire Inc. • Rosen Law Firm
ROSEN, LEADING INVESTOR COUNSEL, Encourages Datavault AI Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action - DVLT

Rosen Law Firm has filed class action lawsuits against Datavault AI Inc. (DVLT), Planet Fitness, Inc. (PLNT), and Erasca, Inc. (ERAS) on behalf of investors who purchased securities during specified periods. The lawsuits allege materially false and misleading statements, including overstated partnerships, inflated trading volumes, and undisclosed connections to convicted felons. Investors have until October 5, 2026 to move the court to serve as lead plaintiff.

DVLT PLNT ERAS class action lawsuit securities fraud investor compensation lead plaintiff material misstatements
Sentiment note

Company is subject to a securities class action lawsuit, indicating alleged investor harm through false or misleading statements during the specified period.

Negative GlobeNewswire Inc. • Rosen Law Firm
ROSEN, NATIONAL TRIAL COUNSEL, Encourages Planet Fitness, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action - PLNT

Rosen Law Firm is encouraging investors who purchased Planet Fitness common stock between November 6, 2025 and May 6, 2026 to join a securities class action lawsuit. The lawsuit alleges that Planet Fitness made materially false and misleading statements regarding customer acquisition and marketing metrics. The company's updated marketing strategy failed to resonate with its target demographic, resulting in significant headwinds in net member joins and rendering fiscal 2026 guidance unachievable. The lead plaintiff deadline is September 14, 2026.

PLNT securities class action Planet Fitness false statements marketing metrics customer acquisition investor damages lead plaintiff deadline
Sentiment note

The company is the subject of a securities class action lawsuit alleging materially false and misleading statements about customer acquisition and marketing metrics. The lawsuit claims Planet Fitness' marketing strategy failed to resonate with its target demographic, causing significant headwinds in member joins and making previously issued financial guidance unachievable. This represents serious allegations of corporate misconduct and investor harm.

Negative GlobeNewswire Inc. • Rosen Law Firm
PICS DEADLINE: ROSEN, NATIONAL INVESTOR COUNSEL, Encourages PicS N.V. Investors to Secure Counsel Before Important August 4 Deadline in Securities Class Action – PICS

Rosen Law Firm is notifying investors of securities class action lawsuits against PicS N.V., Erasca, Inc., and Planet Fitness, Inc. The PicS lawsuit alleges false statements in IPO documents regarding credit evaluation procedures, loan quality, and undisclosed financial deterioration. Lead plaintiff deadlines are August 4, 2026 for PicS and August 10, 2026 for Erasca.

PICS ERAS PLNT securities class action IPO fraud lead plaintiff deadline false statements credit quality
Sentiment note

Company is subject to a securities class action lawsuit with investors who purchased stock between November 6, 2025 and an unspecified date, indicating alleged securities violations, though specific details are not provided in the article excerpt.

Negative GlobeNewswire Inc. • Rosen Law Firm
ERASCA DEADLINE: ROSEN, REGARDED INVESTOR COUNSEL, Encourages Erasca, Inc. Investors to Secure Counsel Before Important August 10 Deadline in Securities Class Action – ERAS

Rosen Law Firm is notifying investors about multiple securities class action lawsuits. The primary focus is on Erasca, Inc., which allegedly made false and misleading statements about its lead oncology drug candidate ERAS-0015, claiming it was 'best-in-class' while failing to disclose improper comparisons to competitors and lacking reasonable basis. The firm is seeking lead plaintiffs with an August 10, 2026 deadline for Erasca and August 4, 2026 for PicS N.V.

ERAS PICS PLNT securities class action false and misleading statements lead plaintiff deadline oncology drug candidate patent disputes
Sentiment note

Company is subject to a securities class action lawsuit with investors being encouraged to secure counsel, indicating alleged securities law violations, though specific details are not provided in the excerpt.

News and sentiment labels describe article tone and are provided for research purposes only. They are not trading recommendations or forecasts.
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