Oppenheimer Reiterates Buy Rating on Domino’s Pizza (DPZ), Maintains PT at $530

Domino’s Pizza, Inc. (NASDAQ:DPZ) is one of Warren Buffett’s 10 Stock Picks with the Strongest Upside Potential. On October 20, Oppenheimer reiterated the Buy rating on Domino’s Pizza, Inc. (NASDAQ:DPZ), maintaining the price target at $530. Oppenheimer analyst Brian Bittner maintained his bullish stance on DPZ following the company’s Q3 2025 results.

In its results on October 14, Domino’s exceeded the estimated adjusted earnings by $0.12, posting $4.08 per share. The revenue came in at $1.15 billion, surpassing the consensus by $10.76 million. The company performed better than expected during a tough period as Wall Street analysts were anticipating Domino’s to face headwinds from inflation and higher competition.

Jonathan Weiss/Shutterstock.com

Domino’s Pizza achieved robust growth in its U.S. business, driven by positive outcomes in carryout, delivery, and order count. The results in the U.S. were influenced by the ‘Best Deal Ever’ promotion, leading to higher sales and franchisee profitability. The launch of Parmesan Stuffed Crust Pizza exceeded expectations, attracting new customers. However, the growth driven by promotions remains a concern because it encourages consumers to rely on specific deals, potentially affecting future pricing strategies.

Domino’s shares have plunged nearly 7% since July 1 as Wall Street’s sentiment remained mixed on the company’s prospects, highlighting the macroeconomic environment as unfavorable for the restaurant industry. As of October 21, Domino’s Pizza, Inc.’s (NASDAQ:DPZ) average price target of $520, based on analysts’ estimates, implies an upside of approximately 23.89% from current levels.

Domino’s Pizza, Inc. (NASDAQ:DPZ) is a prominent pizza company with major business in delivery and carryout. The company operates via three segments, including the U.S stores, international franchise, and supply chain.

READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.

Disclosure: None. This article is originally published at Insider Monkey.