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Keybanc Maintains Overweight on Planet Fitness, Raises Price Target to $68

BenzingaBenzinga Newsdesk

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  1. The Motley FoolThe Motley Fool Team

    Planet Fitness: 3 Key Takeaways for Long-Term Investors

    Planet Fitness announced a shift to regional pricing strategy for its Black Card memberships starting Q2 2027, plans to sell corporate-owned clubs to franchisees to fund share buybacks, and acquired 25 clubs in Portugal for EUR 102.5 million. The company raised its full-year revenue growth outlook to 8% following 1.5% systemwide same-club sales growth in Q3 2026, with a new $500 million share buyback authorization.

  2. SEC EDGARSEC EDGAR

    8-K filing — Planet Fitness, Inc. (PLNT)

    Filed: 2026-11-05 AccNo: 0001637207-26-000047 Size: 589 KB Item 2.02: Results of Operations and Financial Condition Item 9.01: Financial Statements and Exhibits

  3. Globenewswire IncGrabar Law Office

    Important Notice to Long-Term Shareholders of Erasca, Inc. (NASDAQ: ERAS); Planet Fitness, Inc. (NYSE: PLNT); PROCEPT BioRobotics Corporation (NASDAQ: PRCT); and The Simply Good Foods Company (NASDAQ: SMPL): Grabar Law Office is Investigating Claims on Your Behalf

    Grabar Law Office has launched multiple shareholder investigations into four public companies for alleged securities fraud and breach of fiduciary duties. Erasca is accused of making misleading statements about its ERAS-0015 drug candidate and failing to disclose patent infringement risks from Revolution Medicines. Planet Fitness faces allegations of false marketing claims and concealing declining customer acquisition metrics. PROCEPT BioRobotics is investigated for undisclosed discount programs that artificially inflated sales figures and created excess inventory. The Simply Good Foods Company is accused of failing to disclose operational failures and margin erosion related to its OWYN acquisition.