Papa John’s International (NASDAQ:PZZA) Given New $28.00 Price Target at UBS Group

Posted by Stanley Muller on Aug 7th, 2026

Papa John’s International (NASDAQ:PZZA – Get Free Report) had its price target dropped by analysts at UBS Group from $33.00 to $28.00 in a report released on Friday,Benzinga reports. The firm currently has a “neutral” rating on the stock. UBS Group’s target price points to a potential upside of 14.43% from the stock’s current price.

A number of other analysts have also issued reports on the company. Bank of America reiterated an “underperform” rating and set a $34.00 price objective (down from $42.00) on shares of Papa John’s International in a research note on Monday, July 13th. Wall Street Zen raised shares of Papa John’s International from a “sell” rating to a “hold” rating in a report on Sunday, July 26th. Weiss Ratings lowered shares of Papa John’s International from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Monday, May 18th. Stephens restated an “equal weight” rating and issued a $24.00 price objective (down from $38.00) on shares of Papa John’s International in a research report on Friday. Finally, Benchmark cut shares of Papa John’s International from a “buy” rating to a “hold” rating in a research note on Friday. Seven equities research analysts have rated the stock with a Hold rating and three have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, Papa John’s International currently has an average rating of “Reduce” and a consensus target price of $33.25.

Read Our Latest Report on PZZA

Papa John’s International Trading Down 0.7%

Shares of NASDAQ PZZA traded down $0.17 during midday trading on Friday, hitting $24.47. The company’s stock had a trading volume of 3,439,771 shares, compared to its average volume of 1,227,520. The firm has a market capitalization of $805.06 million, a price-to-earnings ratio of 29.48, a P/E/G ratio of 1.95 and a beta of 1.13. The stock has a fifty day moving average price of $33.05 and a 200 day moving average price of $33.88. Papa John’s International has a one year low of $23.84 and a one year high of $55.74.

Papa John’s International (NASDAQ:PZZA – Get Free Report) last issued its earnings results on Thursday, August 6th. The company reported $0.46 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.45 by $0.01. The business had revenue of $482.40 million for the quarter, compared to analysts’ expectations of $481.25 million. Papa John’s International had a net margin of 1.37% and a negative return on equity of 10.71%. The business’s revenue for the quarter was down 8.8% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.41 EPS. On average, equities research analysts predict that Papa John’s International will post 1.47 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the business. Private Advisor Group LLC lifted its position in shares of Papa John’s International by 6.5% in the third quarter. Private Advisor Group LLC now owns 5,220 shares of the company’s stock worth $251,000 after buying an additional 319 shares in the last quarter. State of Alaska Department of Revenue lifted its position in Papa John’s International by 1.8% in the fourth quarter. State of Alaska Department of Revenue now owns 18,642 shares of the company’s stock worth $716,000 after buying an additional 328 shares during the last quarter. Alliancebernstein L.P. lifted its holdings in shares of Papa John’s International by 0.8% in the 3rd quarter. Alliancebernstein L.P. now owns 42,662 shares of the company’s stock worth $2,054,000 after acquiring an additional 354 shares during the last quarter. Intech Investment Management LLC boosted its position in shares of Papa John’s International by 3.6% during the fourth quarter. Intech Investment Management LLC now owns 11,467 shares of the company’s stock valued at $441,000 after buying an additional 397 shares during the period. Finally, Acorn Financial Advisory Services Inc. ADV boosted its holdings in Papa John’s International by 2.4% during the 4th quarter. Acorn Financial Advisory Services Inc. ADV now owns 18,569 shares of the company’s stock valued at $715,000 after acquiring an additional 436 shares during the period.

Key Headlines Impacting Papa John’s International

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

Positive Sentiment: Papa John’s reported second-quarter adjusted earnings of $0.46 per share and revenue of $482.4 million, slightly ahead of analyst estimates. EPS also improved from $0.41 a year earlier. Papa John’s Q2 Earnings and Revenues Beat Estimates
Positive Sentiment: Management said it remains committed to a turnaround, targeting $180 million to $190 million in 2026 adjusted EBITDA and using cost controls and strategic initiatives to improve performance.
Neutral Sentiment: Papa John’s announced leadership appointments intended to support its ongoing transformation strategy, including an expanded strategic role for its legal chief as competition intensifies. Papa Johns Announces Leadership Appointments
Negative Sentiment: The company forecast a 2% to 4% decline in 2026 global system-wide sales and cut its outlook, indicating that the turnaround is taking longer than expected. Its North American business continues to face weak consumer demand and softer comparable sales.
Negative Sentiment: Papa John’s suspended its dividend to preserve cash and fund the turnaround. The decision removes an important income component for shareholders and signals increased financial pressure.
Negative Sentiment: Analysts responded cautiously: Piper Sandler lowered its price target from $30 to $26 and moved to a neutral rating, while Stephens cut its target from $38 to $24 and maintained an equal-weight rating.
Negative Sentiment: Investor sentiment was further pressured by unusually heavy put-option activity and a securities-fraud investigation announcement concerning whether the company and certain executives violated federal securities laws. These developments are allegations and do not establish wrongdoing. PZZA Securities Fraud Investigation

About Papa John’s International

(Get Free Report)

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.