Baird analyst David Tarantino has increased the price target for Domino's Pizza (DPZ, Financial) shares from $500 to $535 while maintaining an Outperform rating. This adjustment comes as the firm revises its financial model in anticipation of the company's upcoming first-quarter results. The analyst highlights that Domino's shares exhibit an appealing investment profile, especially in the face of current economic uncertainties.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 31 analysts, the average target price for Domino's Pizza Inc (DPZ, Financial) is $483.07 with a high estimate of $559.00 and a low estimate of $370.00. The average target implies an downside of 0.63% from the current price of $486.14. More detailed estimate data can be found on the Domino's Pizza Inc (DPZ) Forecast page.
Based on the consensus recommendation from 35 brokerage firms, Domino's Pizza Inc's (DPZ, Financial) average brokerage recommendation is currently 2.1, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Domino's Pizza Inc (DPZ, Financial) in one year is $471.39, suggesting a downside of 3.03% from the current price of $486.14. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Domino's Pizza Inc (DPZ) Summary page.
