Papa John’s International, Inc. (NASDAQ:PZZA) Stock Has Consensus Target Price of $31.29

Shares of Papa John’s International, Inc. (NASDAQ:PZZA) have been assigned a consensus recommendation of “Reduce” from the nine ratings firms that are covering the stock, Marketbeat reports. Two equities research analysts have rated the stock with a sell rating and seven have assigned a hold rating to the company. The average twelve-month price objective among brokerages that have covered the stock in the last year is $31.29.

Several analysts have recently issued reports on the stock. Mizuho reduced their price target on shares of Papa John’s International from $33.00 to $32.00 and set a “neutral” rating on the stock in a research report on Friday, July 31st. Wall Street Zen raised shares of Papa John’s International from a “sell” rating to a “hold” rating in a research note on Sunday, July 26th. Bank of America reissued an “underperform” rating and issued a $34.00 price target (down from $42.00) on shares of Papa John’s International in a research report on Monday, July 13th. Benchmark downgraded shares of Papa John’s International from a “buy” rating to a “hold” rating in a research note on Friday, August 7th. Finally, Zacks Research upgraded Papa John’s International from a “strong sell” rating to a “hold” rating in a research note on Monday, October 19th.

Papa John’s International Stock Down 0.9%

NASDAQ:PZZA opened at $18.07 on Friday. The company has a 50 day moving average price of $20.79 and a 200 day moving average price of $30.36. Papa John’s International has a fifty-two week low of $17.69 and a fifty-two week high of $53.13.

Papa John’s International (NASDAQ:PZZA) last released its quarterly earnings results on Thursday, August 6th. The company reported $0.46 EPS for the quarter, topping analysts’ consensus estimates of $0.45 by $0.01. The firm had revenue of $482.40 million for the quarter, compared to analyst estimates of $481.25 million. During the same quarter last year, the company earned $0.41 earnings per share. The firm’s revenue for the quarter was down 8.8% on a year-over-year basis. On average, sell-side analysts anticipate that Papa John’s International will post 1.12 earnings per share for the current year.

Key Stories Impacting Papa John’s International

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

• Positive Sentiment: No new positive company-specific developments were reported in the latest coverage. The company’s most recent quarterly results modestly exceeded analyst expectations, although revenue declined year over year.
• Neutral Sentiment: The pending case covers investors who purchased Papa John’s securities from August 7, 2025, through August 5, 2026. Multiple law firms—including Pomerantz, Rosen, Faruqi & Faruqi, and others—are soliciting investors who may seek appointment as lead plaintiff. These notices largely repeat the same legal proceeding and do not represent findings of wrongdoing. Deadline Alert: Papa John’s Securities Class Action
• Negative Sentiment: The lawsuit alleges that Papa John’s failed to disclose material adverse information, particularly concerning the pace of its turnaround and the strength of its innovation pipeline. Continued investor-alert headlines increase legal, reputational, and potential financial risks, adding to pressure on PZZA as the shares trade near their 12-month low and below both their 50-day and 200-day moving averages. The allegations remain unproven, but the repeated announcements likely contribute to the stock’s decline. PZZA Investor Alert

Hedge Funds Weigh In On Papa John’s International

Hedge funds and other institutional investors have recently bought and sold shares of the company. Oppenheimer & Co. Inc. lifted its holdings in Papa John’s International by 49.4% in the third quarter. Oppenheimer & Co. Inc. now owns 11,340 shares of the company’s stock valued at $223,000 after acquiring an additional 3,750 shares during the period. Quadrant Capital Group LLC acquired a new position in Papa John’s International during the third quarter worth about $445,000. Daytona Street Capital LLC acquired a new position in Papa John’s International during the third quarter worth about $94,000. Chiron Capital Management LLC purchased a new position in Papa John’s International in the third quarter valued at about $439,000. Finally, GAMMA Investing LLC increased its holdings in Papa John’s International by 183.1% in the third quarter. GAMMA Investing LLC now owns 4,434 shares of the company’s stock valued at $87,000 after buying an additional 2,868 shares in the last quarter.

Papa John’s International Company Profile

Papa John’s International, Inc operates and franchises restaurants under the Papa Johns brand. The company specializes in pizza and related food products, serving customers primarily through delivery, carryout and dine-in locations, as well as online and mobile ordering platforms.

Its menu includes a variety of pizzas with different crusts and toppings, along with sides such as breadsticks, chicken products and desserts. Papa Johns also offers soft drinks, dipping sauces and other complementary items, with menus and promotions adapted to local markets.

Founded in 1984 by John Schnatter, Papa Johns has grown into an international restaurant system with locations across North America and various markets in Europe, the Middle East, Latin America and other regions.