Analysts Set Papa John’s International, Inc. (NASDAQ:PZZA) Price Target at $32.00

Papa John’s International, Inc. (NASDAQ:PZZA) has received an average recommendation of “Reduce” from the nine analysts that are covering the stock, Marketbeat Ratings reports. Three analysts have rated the stock with a sell rating and six have given a hold rating to the company. The average 1-year price objective among brokerages that have issued a report on the stock in the last year is $32.00.

Several brokerages have recently weighed in on PZZA. Stephens reissued an “equal weight” rating and set a $24.00 price target (down from $38.00) on shares of Papa John’s International in a research report on Friday, August 7th. Piper Sandler cut their price objective on shares of Papa John’s International from $30.00 to $26.00 and set a “neutral” rating for the company in a research report on Friday, August 7th. Benchmark downgraded shares of Papa John’s International from a “buy” rating to a “hold” rating in a research note on Friday, August 7th. Mizuho decreased their target price on shares of Papa John’s International from $33.00 to $32.00 and set a “neutral” rating on the stock in a report on Friday, July 31st. Finally, Zacks Research cut shares of Papa John’s International from a “hold” rating to a “strong sell” rating in a research note on Monday, July 13th.

Papa John’s International Stock Performance

Shares of Papa John’s International stock opened at $21.63 on Friday. Papa John’s International has a one year low of $21.42 and a one year high of $55.74. The company has a market cap of $712.10 million, a price-to-earnings ratio of 27.38, a PEG ratio of 2.37 and a beta of 1.08. The business’s 50 day moving average price is $27.92 and its 200 day moving average price is $31.97.

Papa John’s International (NASDAQ:PZZA) last released its quarterly earnings data on Thursday, August 6th. The company reported $0.46 earnings per share for the quarter, topping analysts’ consensus estimates of $0.45 by $0.01. Papa John’s International had a negative return on equity of 10.98% and a net margin of 1.34%.The company had revenue of $482.40 million for the quarter, compared to analyst estimates of $481.25 million. During the same quarter in the previous year, the company posted $0.41 earnings per share. The firm’s revenue for the quarter was down 8.8% compared to the same quarter last year. On average, analysts predict that Papa John’s International will post 1.22 EPS for the current fiscal year.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in PZZA. Public Employees Retirement System of Ohio acquired a new stake in Papa John’s International during the second quarter worth $29,000. Persistent Asset Partners Ltd acquired a new position in shares of Papa John’s International in the 2nd quarter valued at $33,000. Lazard Asset Management LLC acquired a new position in shares of Papa John’s International in the 2nd quarter valued at $59,000. Leonteq Securities AG purchased a new position in shares of Papa John’s International during the 4th quarter worth $71,000. Finally, Kestra Advisory Services LLC acquired a new stake in shares of Papa John’s International during the 4th quarter worth about $73,000.

Trending Headlines about Papa John’s International

Here are the key news stories impacting Papa John’s International this week:

• Positive Sentiment: Papa John’s announced a new multiyear partnership with AMB Sports and Entertainment, making it the official pizza partner of the Atlanta Falcons and Atlanta United. The agreement will support fan promotions, experiences and community initiatives, potentially strengthening brand visibility and customer engagement. Atlanta Wins. Papa Johns Delivers.
• Neutral Sentiment: Chief Executive Officer Todd Penegor is scheduled to participate in a Piper Sandler Growth Frontiers Conference fireside chat on September 16. Investors may look for updates on the company’s strategic transformation, North American comparable sales and operating outlook. Papa Johns to Participate in the Piper Sandler Growth Frontiers Conference
• Negative Sentiment: Several investor-rights firms announced investigations or promoted an existing securities class action against Papa John’s and certain executives. The allegations generally contend that management portrayed the strategic transformation as successful while North American comparable sales weakened. The claims cover investors who purchased shares from August 7, 2025, through August 5, 2026; November 2, 2026 is cited as the lead-plaintiff deadline. The allegations have not been proven in court. PZZA Class Action Alert

About Papa John’s International

Papa John’s International, Inc is a leading American pizza restaurant chain known for its focus on high-quality ingredients and consistent product offerings. Founded in 1984 by John Schnatter in Jeffersonville, Indiana, the company has grown to operate thousands of restaurants across the United States and in more than 40 international markets. Papa John’s restaurants are primarily franchised, supported by a network of corporate-owned outlets that together drive brand standards, operational guidance and marketing efforts.

The core menu at Papa John’s centers on a variety of hand-tossed and pan pizzas made with a signature stone-baked crust and topped with real cheese, vine-ripened tomato sauce and premium meats and vegetables.