Domino's Pizza, Inc. (NASDAQ:DPZ) Sees Price Target Increase and Reports Mixed Q1 2025 Earnings

• BTIG sets a new price target for Domino's Pizza, Inc. (NASDAQ:DPZ) at $530, marking an 8.02% increase.
• Despite a decline in delivery sales, Domino's reports an increase in carryout sales, reflecting a shift in consumer behavior towards cost-saving measures.
• The company's "Hungry for MORE" strategy contributes to market share growth, with adjusted EPS of $4.33 exceeding expectations.

Domino's Pizza, Inc. (NASDAQ:DPZ) is a leading player in the global pizza delivery and carryout market. Known for its extensive network of stores and innovative marketing strategies, Domino's competes with other major pizza chains like Pizza Hut and Papa John's. On April 28, 2025, BTIG set a new price target for DPZ at $530, an 8.02% increase from its current trading price of $490.64.

In the first quarter of 2025, Domino's experienced a decline in delivery sales but saw an increase in carryout sales. This shift is driven by price-sensitive customers who prefer picking up their orders to save money. This trend reflects a broader consumer behavior change, where diners are becoming more cost-conscious, possibly due to economic concerns.

During its Q1 2025 earnings conference call, Domino's reported that its earnings exceeded the Zacks Consensus Estimate, although revenues fell short. Despite this mixed performance, both the top and bottom lines showed growth compared to the previous year. The company's adjusted earnings per share (EPS) of $4.33 surpassed the expected $4.12, highlighting its financial resilience.

Domino's "Hungry for MORE" strategy has been pivotal in increasing its market share both in the U.S. and internationally. This strategy focuses on driving sales, store openings, and profits, which are essential for long-term value creation for franchisees and shareholders. Despite the positive earnings report, DPZ shares dropped by 4% in pre-market trading.

Currently, DPZ's stock price is $490.64, reflecting a 0.63% increase. The stock has fluctuated between a low of $471 and a high of $496.70 today. Over the past year, DPZ reached a high of $542.75 and a low of $396.06. With a market capitalization of approximately $16.83 billion and a trading volume of 1,398,570 shares, Domino's remains a significant player on the NASDAQ exchange.