Papa John's (PZZA) Stock Forecast, Price Target & Predictions
PZZA Stock Forecast
Papa John's stock forecast is as follows: an average price target of $75.00 (represents a 58.53% upside from PZZA’s last price of $47.31) and a rating consensus of 'Buy', based on 13 wall street analysts offering a 1-year stock forecast.
PZZA Price Target
The average price target for Papa John's (PZZA) is $75.00 based on 1-year price targets from 13 Wall Street analysts in the past 3 months, with a price target range of $144.00 to $45.00. This represents a potential 58.53% upside from PZZA's last price of $47.31.
PZZA Analyst Ratings
According to 13 Wall Street analysts, Papa John's's rating consensus is 'Buy'. The analyst rating breakdown for PZZA stock is 0 'Strong Buy' (0.00%), 7 'Buy' (53.85%), 6 'Hold' (46.15%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Papa John's Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Nov 08, 2024 | Lauren Silberman | Deutsche Bank | $55.00 | $55.20 | -0.37% | 16.25% |
| Oct 22, 2024 | Sara Senatore | Bank of America Securities | $71.00 | $53.03 | 33.89% | 50.07% |
| Aug 09, 2024 | Aisling Grueninger | Piper Sandler | $65.00 | $43.44 | 49.64% | 37.39% |
| Aug 09, 2024 | Andrew Strelzik | BMO Capital | $65.00 | $43.44 | 49.64% | 37.39% |
| Aug 09, 2024 | Eric Gonzalez | KeyBanc | $50.00 | $43.23 | 15.66% | 5.69% |
| Jun 26, 2024 | Chris O'Cull | Stifel Nicolaus | $45.00 | $47.91 | -6.07% | -4.88% |
| May 10, 2024 | Andrew Strelzik | BMO Capital | $75.00 | $52.58 | 42.65% | 58.53% |
| May 10, 2024 | Eric Gonzalez | KeyBanc | $64.00 | $52.58 | 21.73% | 35.28% |
| Apr 21, 2024 | Chris O'Cull | Stifel Nicolaus | $60.00 | $62.50 | -4.00% | 26.82% |
| Apr 11, 2024 | Jim Salera | Stephens | $75.00 | $62.86 | 19.31% | 58.53% |
The latest Papa John's stock forecast, released on Nov 08, 2024 by Lauren Silberman from Deutsche Bank, set a price target of $55.00, which represents a -0.37% decrease from the stock price at the time of the forecast ($55.20), and a 16.25% increase from PZZA last price ($47.31).
Papa John's Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 2 | 2 | 14 |
| Avg Price Target | $63.00 | $63.00 | $67.36 |
| Last Closing Price | $47.31 | $47.31 | $47.31 |
| Upside/Downside | 33.16% | 33.16% | 42.38% |
In the current month, the average price target of Papa John's stock is $63.00, according to 2 Wall Street analysts offering twelve months forecast. The average price target represents a 33.16% increase as opposed to Papa John's's last price of $47.31. This month's average price target is down 0.00% compared to last quarter, and down -6.47% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Nov 14, 2024 | KeyBanc | Overweight | Sector Weight | Downgrade |
| Oct 07, 2024 | Stephens | Overweight | Overweight | Hold |
| Aug 23, 2024 | Wedbush | Outperform | Outperform | Hold |
| Aug 09, 2024 | Piper Sandler | Overweight | Overweight | Hold |
| Aug 09, 2024 | BMO Capital | Outperform | Outperform | Hold |
| Aug 09, 2024 | KeyBanc | Overweight | Overweight | Hold |
| May 10, 2024 | BMO Capital | Outperform | Outperform | Hold |
| May 10, 2024 | Benchmark | Buy | Buy | Hold |
| May 10, 2024 | KeyBanc | Overweight | Overweight | Hold |
| Jan 12, 2024 | Piper Sandler | Neutral | Neutral | Hold |
Papa John's's last stock rating was published by KeyBanc on Nov 14, 2024. The company Downgrade its PZZA rating from "Overweight" to "Sector Weight".
Papa John's Financial Forecast
Papa John's Revenue Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | $571.32M | $522.81M | $514.53M | $527.05M | $526.23M | $510.51M | $522.66M | $542.69M | $528.88M | - | $515.01M | $511.75M | $469.81M | $472.94M | $460.62M | $409.86M | $417.51M | $403.71M |
| Avg Forecast | $552.51M | $537.97M | $530.35M | $528.82M | $532.06M | $519.18M | $513.91M | $515.66M | $516.94M | $497.28M | $520.13M | $544.46M | $578.17M | $530.32M | $531.53M | $534.00M | $524.09M | $514.41M | $529.63M | $540.38M | $524.71M | $500.92M | $494.26M | $469.85M | $468.87M | $466.15M | $467.47M | $413.01M | $403.74M | $384.54M |
| High Forecast | $576.86M | $561.67M | $553.72M | $552.12M | $555.51M | $542.06M | $536.55M | $528.21M | $532.00M | $498.79M | $520.13M | $544.46M | $587.34M | $530.33M | $554.96M | $557.53M | $547.19M | $514.41M | $529.63M | $540.38M | $524.71M | $500.92M | $494.26M | $469.85M | $468.87M | $466.15M | $467.47M | $413.01M | $403.74M | $384.54M |
| Low Forecast | $537.80M | $523.64M | $516.22M | $514.74M | $517.89M | $505.36M | $500.22M | $507.75M | $501.96M | $495.78M | $520.13M | $544.46M | $568.77M | $530.31M | $517.38M | $519.78M | $510.13M | $514.41M | $529.63M | $540.38M | $524.71M | $500.92M | $494.26M | $469.85M | $468.87M | $466.15M | $467.47M | $413.01M | $403.74M | $384.54M |
| # Analysts | 5 | 4 | 8 | 5 | 3 | 3 | 6 | 9 | 12 | 6 | 6 | 6 | 12 | 8 | 8 | 8 | 5 | 5 | 5 | 5 | 6 | 6 | 6 | 6 | 11 | 15 | 9 | 9 | 8 | 8 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.99% | 0.99% | 0.97% | 0.99% | 1.00% | 0.99% | 0.99% | 1.00% | 1.01% | - | 1.04% | 1.09% | 1.00% | 1.01% | 0.99% | 0.99% | 1.03% | 1.05% |
Papa John's's average Quarter revenue forecast for Mar 24 based on 6 analysts is $544.46M, with a low forecast of $544.46M, and a high forecast of $544.46M. PZZA's average Quarter revenue forecast represents a -4.70% decrease compared to the company's last Quarter revenue of $571.32M (Dec 23).
Papa John's EBITDA Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 5 | 4 | 8 | 5 | 3 | 3 | 6 | 9 | 12 | 6 | 6 | 6 | 12 | 8 | 8 | 8 | 5 | 5 | 5 | 5 | 6 | 6 | 6 | 6 | 11 | 15 | 9 | 9 | 8 | 8 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | $-27.45M | $48.27M | $27.96M | $52.52M | $50.25M | $46.93M | $53.15M | $57.17M | $51.15M | - | $55.78M | $58.34M | $33.99M | $36.62M | $41.57M | $27.22M | $12.69M | $16.89M |
| Avg Forecast | $43.92M | $42.76M | $42.16M | $42.04M | $42.29M | $41.27M | $40.85M | $40.99M | $41.09M | $39.53M | $41.35M | $30.46M | $45.96M | $42.16M | $42.25M | $27.69M | $53.92M | $41.68M | $42.91M | $25.17M | $42.51M | $40.58M | $40.04M | $25.21M | $37.99M | $37.77M | $37.87M | $39.57M | $32.71M | $31.15M |
| High Forecast | $45.86M | $44.65M | $44.02M | $43.89M | $44.16M | $43.09M | $42.65M | $41.99M | $42.29M | $39.65M | $41.35M | $36.55M | $46.69M | $42.16M | $44.11M | $33.23M | $64.70M | $41.68M | $42.91M | $30.21M | $42.51M | $40.58M | $40.04M | $30.25M | $37.99M | $37.77M | $37.87M | $47.48M | $32.71M | $31.15M |
| Low Forecast | $42.75M | $41.62M | $41.04M | $40.92M | $41.17M | $40.17M | $39.76M | $40.36M | $39.90M | $39.41M | $41.35M | $24.37M | $45.21M | $42.15M | $41.13M | $22.15M | $43.13M | $41.68M | $42.91M | $20.14M | $42.51M | $40.58M | $40.04M | $20.17M | $37.99M | $37.77M | $37.87M | $31.66M | $32.71M | $31.15M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | -0.60% | 1.15% | 0.66% | 1.90% | 0.93% | 1.13% | 1.24% | 2.27% | 1.20% | - | 1.39% | 2.31% | 0.89% | 0.97% | 1.10% | 0.69% | 0.39% | 0.54% |
12 analysts predict PZZA's average Quarter EBITDA for Dec 23 to be $45.96M, with a high of $46.69M and a low of $45.21M. This is -4.79% lower than Papa John's's previous annual EBITDA (Sep 23) of $48.27M.
Papa John's Net Income Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 5 | 4 | 8 | 5 | 3 | 3 | 6 | 9 | 12 | 6 | 6 | 6 | 12 | 8 | 8 | 8 | 5 | 5 | 5 | 5 | 6 | 6 | 6 | 6 | 11 | 15 | 9 | 9 | 8 | 8 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | $26.09M | $15.86M | $17.77M | $22.38M | $23.51M | $8.33M | $25.43M | $10.49M | $25.54M | - | $32.25M | $33.88M | $13.17M | $15.71M | $20.61M | $8.44M | $-2.14M | $385.00K |
| Avg Forecast | $23.78M | $19.25M | $23.37M | $23.66M | $21.34M | $17.57M | $20.43M | $21.11M | $16.83M | $14.16M | $17.59M | $12.56M | $23.80M | $18.62M | $19.34M | $11.42M | $25.96M | $19.84M | $24.55M | $10.38M | $23.72M | $23.43M | $24.17M | $14.64M | $15.68M | $10.88M | $15.51M | $12.27M | $10.53M | $7.17M |
| High Forecast | $25.14M | $20.36M | $24.71M | $25.02M | $22.56M | $18.57M | $21.60M | $23.95M | $18.51M | $14.24M | $17.60M | $15.08M | $25.43M | $18.63M | $20.45M | $13.70M | $31.15M | $19.84M | $24.55M | $12.46M | $23.72M | $23.43M | $24.17M | $17.57M | $15.68M | $10.88M | $15.51M | $14.73M | $10.53M | $7.17M |
| Low Forecast | $22.95M | $18.59M | $22.56M | $22.85M | $20.60M | $16.96M | $19.72M | $18.59M | $14.81M | $14.07M | $17.59M | $10.05M | $21.52M | $18.62M | $18.67M | $9.14M | $20.77M | $19.84M | $24.55M | $8.31M | $23.72M | $23.43M | $24.17M | $11.71M | $15.68M | $10.88M | $15.51M | $9.82M | $10.53M | $7.17M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.10% | 0.85% | 0.92% | 1.96% | 0.91% | 0.42% | 1.04% | 1.01% | 1.08% | - | 1.33% | 2.31% | 0.84% | 1.44% | 1.33% | 0.69% | -0.20% | 0.05% |
Papa John's's average Quarter net income forecast for Mar 24 is $12.56M, with a range of $10.05M to $15.08M. PZZA's average Quarter net income forecast represents a -51.85% decrease compared to the company's last Quarter net income of $26.09M (Dec 23).
Papa John's SG&A Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 5 | 4 | 8 | 5 | 3 | 3 | 6 | 9 | 12 | 6 | 6 | 6 | 12 | 8 | 8 | 8 | 5 | 5 | 5 | 5 | 6 | 6 | 6 | 6 | 11 | 15 | 9 | 9 | 8 | 8 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | $57.88M | $52.17M | $50.32M | $51.94M | $48.89M | $44.71M | $43.14M | $46.30M | $50.76M | - | $50.37M | $46.13M | $49.58M | $52.60M | $48.43M | $47.65M | $70.10M | $53.50M |
| Avg Forecast | $61.32M | $59.71M | $58.86M | $58.69M | $59.05M | $57.62M | $57.03M | $57.23M | $57.37M | $55.19M | $57.73M | $55.43M | $64.17M | $58.86M | $58.99M | $50.39M | $53.51M | $57.09M | $58.78M | $45.81M | $58.23M | $55.59M | $54.85M | $19.93M | $52.04M | $51.73M | $51.88M | $69.28M | $44.81M | $42.68M |
| High Forecast | $64.02M | $62.34M | $61.45M | $61.28M | $61.65M | $60.16M | $59.55M | $58.62M | $59.04M | $55.36M | $57.73M | $66.51M | $65.18M | $58.86M | $61.59M | $60.47M | $64.21M | $57.09M | $58.78M | $54.97M | $58.23M | $55.59M | $54.85M | $23.92M | $52.04M | $51.73M | $51.88M | $83.13M | $44.81M | $42.68M |
| Low Forecast | $59.69M | $58.12M | $57.29M | $57.13M | $57.48M | $56.09M | $55.52M | $56.35M | $55.71M | $55.02M | $57.73M | $44.34M | $63.12M | $58.85M | $57.42M | $40.31M | $42.80M | $57.09M | $58.78M | $36.65M | $58.23M | $55.59M | $54.85M | $15.95M | $52.04M | $51.73M | $51.88M | $55.42M | $44.81M | $42.68M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.90% | 0.89% | 0.85% | 1.03% | 0.91% | 0.78% | 0.73% | 1.01% | 0.87% | - | 0.92% | 2.31% | 0.95% | 1.02% | 0.93% | 0.69% | 1.56% | 1.25% |
Papa John's's average Quarter SG&A projection for Mar 24 is $55.43M, based on 6 Wall Street analysts, with a range of $44.34M to $66.51M. The forecast indicates a -4.24% fall compared to PZZA last annual SG&A of $57.88M (Dec 23).
Papa John's EPS Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 5 | 4 | 8 | 5 | 3 | 3 | 6 | 9 | 12 | 6 | 6 | 6 | 12 | 8 | 8 | 8 | 5 | 5 | 5 | 5 | 6 | 6 | 6 | 6 | 11 | 15 | 9 | 9 | 8 | 8 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | $0.79 | $0.49 | $0.55 | $0.66 | $0.66 | $0.23 | $0.71 | $0.29 | $0.71 | - | $-2.30 | $0.83 | $0.29 | $0.35 | $0.49 | $0.15 | $-0.18 | $-0.10 |
| Avg Forecast | $0.72 | $0.58 | $0.71 | $0.72 | $0.65 | $0.53 | $0.62 | $0.64 | $0.51 | $0.43 | $0.53 | $0.57 | $0.72 | $0.57 | $0.59 | $0.67 | $0.66 | $0.60 | $0.75 | $0.94 | $0.72 | $0.71 | $0.74 | $0.56 | $0.48 | $0.33 | $0.47 | $0.40 | $0.32 | $0.22 |
| High Forecast | $0.76 | $0.62 | $0.75 | $0.76 | $0.69 | $0.56 | $0.66 | $0.73 | $0.56 | $0.43 | $0.53 | $0.57 | $0.77 | $0.57 | $0.62 | $0.70 | $0.70 | $0.60 | $0.75 | $0.94 | $0.72 | $0.71 | $0.74 | $0.56 | $0.48 | $0.33 | $0.47 | $0.40 | $0.32 | $0.22 |
| Low Forecast | $0.70 | $0.56 | $0.69 | $0.69 | $0.63 | $0.51 | $0.60 | $0.56 | $0.45 | $0.43 | $0.53 | $0.57 | $0.65 | $0.57 | $0.57 | $0.64 | $0.64 | $0.60 | $0.75 | $0.94 | $0.72 | $0.71 | $0.74 | $0.56 | $0.48 | $0.33 | $0.47 | $0.40 | $0.32 | $0.22 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.09% | 0.87% | 0.94% | 0.99% | 1.00% | 0.38% | 0.95% | 0.31% | 0.98% | - | -3.13% | 1.47% | 0.61% | 1.06% | 1.04% | 0.37% | -0.56% | -0.46% |
According to 6 Wall Street analysts, Papa John's's projected average Quarter EPS for Mar 24 is $0.57, with a low estimate of $0.57 and a high estimate of $0.57. This represents a -27.94% decrease compared to PZZA previous annual EPS of $0.79 (Dec 23).
Papa John's Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| BLMN | Bloomin' Brands | $12.59 | $23.57 | 87.21% | Hold |
| DIN | Dine Brands Global | $32.52 | $55.50 | 70.66% | Buy |
| PZZA | Papa John's | $47.31 | $75.00 | 58.53% | Buy |
| JACK | Jack in the Box | $45.60 | $71.75 | 57.35% | Buy |
| BJRI | BJ's Restaurants | $34.13 | $39.60 | 16.03% | Buy |
| QSR | Restaurant Brands | $69.41 | $78.21 | 12.68% | Buy |
| DPZ | Domino's Pizza | $438.97 | $484.20 | 10.30% | Buy |
| DRI | Darden Restaurants | $162.59 | $178.34 | 9.69% | Buy |
| YUM | Yum! Brands | $132.88 | $144.68 | 8.88% | Buy |
| WING | Wingstop | $333.21 | $348.24 | 4.51% | Buy |
| CMG | Chipotle Mexican Grill | $58.88 | $56.59 | -3.89% | Buy |
| CAKE | Cheesecake Factory | $46.63 | $44.14 | -5.34% | Buy |
| SHAK | Shake Shack | $119.27 | $109.19 | -8.45% | Hold |
| EAT | Brinker | $124.74 | $69.10 | -44.60% | Hold |