Papa John's
PZZA
About: Papa John's is one of the largest players in the global QSR, or quick-service restaurant, pizza market, boasting more than 6,000 restaurants across nearly 50 countries at the end of 2024. The firm operates a predominantly franchised system, owning 9% of its restaurants and generating revenue from franchise royalties, sales of pizza and related products at its company-owned stores, and sales from its commissary supply chain. The firm is the fourth-largest limited-service pizza chain globally and third in the US (Euromonitor International), with a sizable presence in the UK, China, South Korea, and Chile.
Employees: 11,400
Fund manager confidence
Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)
123% more call options, than puts
Call options by funds: $136M | Put options by funds: $60.8M
50% more funds holding in top 10
Funds holding in top 10: 4 [Q1] → 6 (+2) [Q2]
40% more first-time investments, than exits
New positions opened: 63 | Existing positions closed: 45
11% more capital invested
Capital invested by funds: $1.59B [Q1] → $1.77B (+$179M) [Q2]
6% more funds holding
Funds holding: 263 [Q1] → 278 (+15) [Q2]
1% more repeat investments, than reductions
Existing positions increased: 91 | Existing positions reduced: 90
7.77% less ownership
Funds ownership: 118.34% [Q1] → 110.56% (-7.77%) [Q2]
Research analyst outlook
5 Wall Street Analysts provided 1 year price targets over the past 3 months
5 analyst ratings
Stifel
Chris O'Cull
|
$42
|
Hold
Maintained
|
15 Aug 2025 |
Deutsche Bank
Lauren Silberman
|
$46
|
Hold
Maintained
|
11 Aug 2025 |
Benchmark
Todd Brooks
|
$60
|
Buy
Maintained
|
11 Aug 2025 |
Stephens & Co.
Jim Salera
|
$52
|
Overweight
Maintained
|
8 Aug 2025 |
UBS
Dennis Geiger
|
$42
|
Neutral
Maintained
|
4 Aug 2025 |
Financial journalist opinion
Based on 3 articles about PZZA published over the past 30 days