Are Wall Street Analysts Predicting Domino's Pizza Stock Will Climb or Sink?

Domino's Pizza, Inc. (DPZ), headquartered in Ann Arbor, Michigan, operates as a pizza company. With a market cap of $11.5 billion, the company operates a network of company-owned and franchise Domino's Pizza stores, located worldwide. DPZ also operates regional dough manufacturing and distribution centers.

Shares of this multinational pizza restaurant chain have notably underperformed the broader market over the past year. DPZ has declined 24% over this time frame, while the broader S&P 500 Index ($SPX) has rallied nearly 18.7%. In 2026, DPZ’s stock fell 16.1%, compared to the SPX’s 12.2% gains on a YTD basis. 

Narrowing the focus, DPZ’s underperformance is also apparent compared to the Global X E-commerce ETF (EBIZ). The exchange-traded fund has declined about 8.8% over the past year. Moreover, the ETF’s 5.2% dip on a YTD basis outshines the stock’s double-digit losses over the same time frame.

DPZ underperformed as margin pressure weighed on unit growth. Management cut 2026 U.S. net unit store guidance to about 175 on profitability headwinds. In addition, international same-store sales dipped slightly, largely due to master franchisee Domino's Pizza Enterprises pulling back on low-margin promos to reset profitability.

On Jul. 20, DPZ shares closed up more than 2% after reporting its Q2 results. Its EPS of $4.07 did not meet Wall Street expectations of $4.11. The company’s revenue was $1.19 billion, beating Wall Street forecasts of $1.17 billion.

For the current fiscal year, ending in December, analysts expect DPZ’s EPS to grow 7.5% to $18.88 on a diluted basis. The company’s earnings surprise history is disappointing. It missed the consensus estimates in three of the last four quarters while surpassing the forecast on another occasion.

Among the 28 analysts covering DPZ stock, the consensus is a “Moderate Buy.” That’s based on 13 “Strong Buy” ratings, 14 “Holds,” and one “Strong Sell.”

This configuration is less bullish than a month ago, with 15 analysts suggesting a “Strong Buy.” 

On Aug. 24, Brian Bittner from Oppenheimer Holdings Inc. (OPY) reiterated a “Buy” rating on DPZ, with a price target of $415, implying a potential upside of 18.6% from current levels.

The mean price target of $383.18 represents a 9.5% premium to DPZ’s current price levels. The Street-high price target of $450 suggests an upside potential of 28.6%.