10:50 AM EST, 11/11/2025 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows:

We lower our 12-month target price by $8 to $51, 20x our 2026 EPS estimate, a discount to its 24x three-year forward average P/E, reflecting risks from PZZA's ongoing turnaround. We lower our 2025 EPS estimate to $1.73 from $2.21 and 2026's to $2.56 from $2.92, primarily reflecting weaker consumer trends in the U.S. that are expected to weigh on results into 2026. Although our estimates and target price are lower, we keep a Buy opinion on shares of PZZA, with margin expansion potential coming from an improved supply chain, revitalized technology applications (Google Cloud partnership), expanded cost savings opportunities, and refranchising. At the same time, PZZA is seeing solid demand in International markets (+7% Y/Y comps in Q3) due to menu enhancements and successful promotions. Underlying demand trends were positive, with core menu items seeing growth and aggregator sales up mid-teens, suggesting management has made traction in a competitive U.S. market, setting up PZZA for better top-line results in 2026.