PLNT
Shareholders who lost money in shares of Planet Fitness, Inc. (NYSE: PLNT) Should Contact Wolf Haldenstein Immediately
Article Summary
SELL- Planet Fitness Inc. (NYSE: PLNT) securities fraud lawsuit filed on behalf of investors who purchased or otherwise acquired shares between November 6, 2025 and May 6, 2026 alleging Defendants made materially false and misleading statements about the company's business, operations, and prospects.
- The lawsuit alleges that Defendants failed to disclose material adverse facts about same-store growth slashing from 4-5% to 1% and withdrawing long-term three-year growth algorithm, as well as over-pivoting marketing campaign that failed to resonate with core customer base alongside external competition, and pausing planned rollout of Black Card price increase to prioritize revitalizing new membership growth.
- Planet Fitness's stock price fell $19.95 or 31.2% to close at $44.01 per share on May 7,2026 after releasing first quarter 2026 financial results, with the lead-plaintiff deadline set for September 14, 20 26.
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Growth Stock Scoring Breakdown
| METRIC | VALUE | WEIGHT | ANALYSIS |
|---|---|---|---|
| Sales Growth TTM ? | 14.4% | 25% | 50.0 ptsMeets Minimum (14.4%) - Passes screener |
| EPS Growth Next 5Y ? | 10.3% | 25% | 35.0 ptsBelow Screener (10.3%) - Modest outlook |
| Target Price Upside ? | 26.5% | 20% | 75.0 ptsSignificant Upside (26.5%) - Target: $67.47 vs Current: $53.34 |
| Gross Margin % ? | 39.8% | 15% | 60.0 ptsSolid (39.8%) - Decent margins |
| Drawdown from 52-Wk High ? | -53.4% | 15% | 100.0 ptsDeep Discount (-53.4%) - Best entry opportunity |
Disclaimer: This rating is for informational purposes only and is not financial advice.
All data sourced from Finviz.
Always conduct your own research and consult with a financial advisor before making investment decisions.
Past performance does not guarantee future results.
About PLNT
- 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 Clubs, and Equipment.
- The Franchise segment includes operations related to the franchising business in the United States, Puerto Rico, Canada, Panama, Mexico and Australia.
- The Corporate-owned clubs segment includes operations with corporate-owned clubs in the United States, Canada, and Spain.
- The Equipment segment includes the sale of equipment to franchisee-owned clubs; and the sale of fitness equipment to franchisee-owned clubs in the United States, Canada, and Mexico.
- Planet Fitness, Inc. was founded in 1992 and is headquartered in Hampton, New Hampshire.