Evercore Cuts Domino's Pizza (NASDAQ:DPZ) Price Target to $400.00

Key Points

• Evercore cut Domino's (NASDAQ: DPZ) price target to $400 (from $510) while keeping an "outperform" rating, amid widespread analyst downgrades that leave a consensus rating of "Hold" and an average target of $421.30.
• Domino's reported Q1 EPS of $4.13 (vs. $4.29 expected) and $1.15B revenue, with weaker U.S. demand and a trimmed 2026 U.S. outlook triggering about an 11% share decline to roughly $328.
• A securities probe by Johnson Fistel into executive disclosures adds legal overhang, even as large institutional holders (including Berkshire Hathaway) have significant and growing stakes in the company.

Domino's Pizza (NASDAQ:DPZ - Get Free Report) had its price objective reduced by equities research analysts at Evercore from $510.00 to $400.00 in a report released on Tuesday,MarketScreener reports. The firm currently has an "outperform" rating on the restaurant operator's stock. Evercore's price target would suggest a potential upside of 21.92% from the company's previous close.

Several other analysts have also commented on the stock. Robert W. Baird lowered their price objective on shares of Domino's Pizza from $495.00 to $400.00 and set an "outperform" rating on the stock in a research report on Monday. Gordon Haskett reduced their target price on shares of Domino's Pizza from $440.00 to $380.00 and set a "buy" rating for the company in a research note on Tuesday. Stifel Nicolaus set a $400.00 target price on shares of Domino's Pizza in a research note on Monday. BTIG Research reduced their target price on shares of Domino's Pizza from $500.00 to $450.00 and set a "buy" rating for the company in a research note on Monday. Finally, Barclays reduced their target price on shares of Domino's Pizza from $370.00 to $315.00 and set an "underweight" rating for the company in a research note on Monday. Sixteen analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and two have issued a Sell rating to the company's stock. According to MarketBeat, the company currently has a consensus rating of "Hold" and an average price target of $421.30.

Domino's Pizza Stock Performance

Shares of Domino's Pizza stock traded down $12.38 during trading hours on Tuesday, reaching $328.09. The company's stock had a trading volume of 129,274 shares, compared to its average volume of 944,211. Domino's Pizza has a one year low of $328.74 and a one year high of $499.08. The company has a market capitalization of $11.03 billion, a P/E ratio of 18.93, a P/E/G ratio of 1.45 and a beta of 1.18. The stock's fifty day simple moving average is $379.29 and its two-hundred day simple moving average is $399.94.

Domino's Pizza (NASDAQ:DPZ - Get Free Report) last released its quarterly earnings data on Monday, April 27th. The restaurant operator reported $4.13 earnings per share for the quarter, missing analysts' consensus estimates of $4.29 by ($0.16). Domino's Pizza had a net margin of 11.89% and a negative return on equity of 15.04%. The business had revenue of $1.15 billion during the quarter. During the same quarter last year, the business earned $4.33 earnings per share. The company's quarterly revenue was up 3.5% on a year-over-year basis. As a group, research analysts forecast that Domino's Pizza will post 19.72 earnings per share for the current year.

Hedge Funds Weigh In On Domino's Pizza

Several hedge funds have recently bought and sold shares of DPZ. Northwestern Mutual Wealth Management Co. grew its stake in Domino's Pizza by 21,977.5% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 914,672 shares of the restaurant operator's stock valued at $381,254,000 after acquiring an additional 910,529 shares in the last quarter. Norges Bank purchased a new position in Domino's Pizza in the 4th quarter worth approximately $285,116,000. Berkshire Hathaway Inc grew its stake in Domino's Pizza by 12.3% in the 4th quarter. Berkshire Hathaway Inc now owns 3,350,000 shares of the restaurant operator's stock worth $1,396,347,000 after buying an additional 368,055 shares in the last quarter. Two Sigma Investments LP grew its stake in Domino's Pizza by 2,845.4% in the 3rd quarter. Two Sigma Investments LP now owns 264,024 shares of the restaurant operator's stock worth $113,982,000 after buying an additional 255,060 shares in the last quarter. Finally, Woodline Partners LP grew its stake in Domino's Pizza by 8,229.8% in the 3rd quarter. Woodline Partners LP now owns 242,314 shares of the restaurant operator's stock worth $104,609,000 after buying an additional 239,405 shares in the last quarter. Hedge funds and other institutional investors own 94.63% of the company's stock.

Domino's Pizza News Summary

Here are the key news stories impacting Domino's Pizza this week:

• Positive Sentiment: Dividend strength: Domino's yields ~2.4% and has delivered ~20% annualized dividend growth over the past decade, supporting income‑oriented investor demand. Warren Buffett’s Berkshire Hathaway Is Losing Money in This Dividend Stock: Can It Work for You?
• Positive Sentiment: Valuation / cash flow case: Analysts and commentators argue the recent share drop may be overdone given Domino’s strong free‑cash‑flow margins, which could attract value buyers. Domino's Pizza Stock Drop May Be Overdone, Based on Its Strong FCF Margins
• Positive Sentiment: Some firms remain constructive (buy/outperform) despite lowering targets — indicating pockets of analyst support even after the Q1 shock. Coverage notes summarizing multiple target adjustments
• Neutral Sentiment: Customer remediation: Domino's is rerunning a 50% off promotion after an online ordering glitch, which should help retention but will likely be a short‑term promotion cost. Missed Out? Domino's® is Giving Customers a Second Chance at Its 50% Off Pizza Deal
• Neutral Sentiment: Earnings call color: Management highlighted global expansion and longer‑term initiatives on the Q1 call, but signaled tougher U.S. demand near term — useful context for medium‑term investors. Domino's Pizza Inc (DPZ) Q1 2026 Earnings Call Highlights
• Negative Sentiment: Q1 misses and weaker U.S. demand: DPZ reported Q1 revenue of $1.15B and EPS $4.13, below estimates; U.S. same‑store sales were weak and management cut its 2026 U.S. outlook — the main driver of the recent sell‑off. Domino's Shares Fall 11% After Sales Miss, 2026 Outlook Cut
• Negative Sentiment: Widespread analyst target cuts: Dozens of firms trimmed price targets (some sharply), signaling reduced near‑term earnings visibility and pressuring sentiment. Wall Street Slashes Domino's Pizza Price Targets
• Negative Sentiment: Securities probe: Johnson Fistel is investigating potential claims related to Domino’s executive disclosures — an overhang that could increase legal/administrative risk and weigh on sentiment. Domino's Pizza, Inc. Shareholders Are Encouraged to Reach Out to Johnson Fistel

Domino's Pizza Company Profile

Domino's Pizza, Inc NASDAQ: DPZ is a global pizza delivery and carryout chain founded in 1960 and headquartered in Ann Arbor, Michigan. The company specializes in a broad range of hand‐crafted pizzas, including hand-tossed, thin crust and specialty offerings, alongside side items such as chicken wings, sandwiches, pasta, desserts and beverages. Domino's has built its brand on convenience and speed, leveraging proprietary ordering platforms and its Domino's Tracker system to provide real-time status updates from order placement through delivery.

Operating predominantly under a franchise model, Domino's has more than 17,000 stores worldwide, with approximately 95% of outlets owned and operated by independent franchisees.

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