Papa John's Receives 'Hold' Rating from Analysts

Shares of Papa John's International, Inc. (NASDAQ:PZZA) have earned a consensus rating of 'Hold' from analysts.

Mar. 14, 2026 at 7:11am

Shares of Papa John's International, Inc. (NASDAQ:PZZA) have earned a consensus rating of 'Hold' from the ten ratings firms currently covering the stock. Seven research analysts have rated the stock with a hold rating and three have given a buy rating. The average 12-month price target among analysts is $45.00.

Why it matters

The 'Hold' rating and mixed analyst sentiment reflects ongoing challenges and uncertainty around Papa John's business performance and valuation. While the company has made investments in digital and loyalty initiatives, these longer-term positives may be overshadowed by near-term margin and revenue risks highlighted by some analysts.

The details

Several brokerages have weighed in on PZZA recently. Mizuho lowered their price target on shares from $40.00 to $34.00 and maintained a 'neutral' rating. Benchmark decreased their price target from $60.00 to $50.00 but maintained a 'buy' rating. Weiss Ratings reissued a 'hold (c-)' rating, while Stephens dropped their price target from $49.00 to $40.00 but kept an 'overweight' rating. Zacks Research raised their rating from 'strong sell' to 'hold'.

  • The consensus 'Hold' rating and $45.00 average price target are based on analyst coverage over the last year.

The players

Papa John's International, Inc.

A leading American pizza restaurant chain known for its focus on high-quality ingredients and consistent product offerings.

Mizuho

A financial services group that lowered its price target and maintained a 'neutral' rating on Papa John's shares.

Benchmark

An investment research firm that decreased its price target but maintained a 'buy' rating on Papa John's.

Weiss Ratings

A ratings agency that reissued a 'hold (c-)' rating on Papa John's shares.

Stephens

An investment banking and financial services firm that lowered its price target but kept an 'overweight' rating on Papa John's.

Zacks Research

A research firm that raised its rating on Papa John's from 'strong sell' to 'hold'.

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What they’re saying

“We must not let individuals continue to damage private property in San Francisco.”

— Robert Jenkins, San Francisco resident (San Francisco Chronicle)

The takeaway

The mixed analyst sentiment on Papa John's reflects the company's ongoing operational and financial challenges, with some analysts seeing longer-term potential in the brand's digital and loyalty initiatives, while others remain cautious on near-term margin and revenue risks. The 'Hold' rating suggests the stock may trade sideways in the near-term absent a clear catalyst.