Planet Fitness Completes $750M Refinancing Transaction

Planet Fitness ( (PLNT) ) just unveiled an update.

On December 15, 2025, Planet Fitness completed a refinancing transaction involving the issuance of $750 million in senior secured notes, which includes $400 million in Class A-2-I Notes and $350 million in Class A-2-II Notes, to refinance existing debt and fund general corporate purposes, including share repurchases. Additionally, the company entered into a $350 million accelerated share repurchase agreement with Citibank, N.A., as part of a $500 million share repurchase authorization, which will initially provide approximately 2.5 million shares of Class A common stock, with final settlement expected in the first quarter of 2026.

The most recent analyst rating on (PLNT) stock is a Buy with a $135.00 price target. To see the full list of analyst forecasts on Planet Fitness stock, see the PLNT Stock Forecast page.

Spark’s Take on PLNT Stock

According to Spark, TipRanks’ AI Analyst, PLNT is a Neutral.

Planet Fitness’s overall score is driven by strong technical indicators and positive earnings call sentiment, indicating growth potential. However, financial performance concerns, particularly high leverage and valuation challenges, weigh down the score.

To see Spark’s full report on PLNT stock, click here.

More about Planet Fitness

Founded in 1992 in Dover, NH, Planet Fitness is one of the largest and fastest-growing franchisors and operators of fitness centers globally, with approximately 20.7 million members and 2,795 clubs across various countries. The company focuses on providing a high-quality fitness experience in a welcoming, non-intimidating environment known as the Judgement Free Zone®, with more than 90% of its clubs owned and operated by independent business owners.

Average Trading Volume: 1,365,656

Technical Sentiment Signal: Strong Buy

Current Market Cap: $9.05B

For an in-depth examination of PLNT stock, go to TipRanks’ Overview page.