Domino's Gears Up For Q4 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts

As Domino's Pizza (DPZ) prepares to report its fourth-quarter financial results on Monday, Feb. 24, investors are eager to see how the company has fared in the face of international challenges and strategic initiatives. With analysts expecting quarterly earnings of $4.91 per share and revenue of $1.48 billion, the market is looking for signs of growth and resilience. Let's take a closer look at the recent forecast changes from Wall Street's most accurate analysts to gain insights into Domino's Pizza's prospects.

Citigroup analyst Jon Tower maintained a Neutral rating on Domino's Pizza but raised the price target from $440 to $520 on Feb. 19, 2025. This significant increase in the price target reflects Tower's confidence in the company's growth prospects, with the stock now expected to appreciate by 18% within the next 12 months. Tower's action suggests that he believes Domino's Pizza is well-positioned to capitalize on its strategic initiatives, such as expanding delivery services and menu innovation.

TD Cowen analyst Andrew Charles maintained a Buy rating on Domino's Pizza and raised the price target from $475 to $515 on Nov. 25, 2024. This increase of 8.4% indicates that Charles is optimistic about the company's future performance and expects the stock to rise by 8.4% within the next year. Charles' positive outlook aligns with the company's focus on expanding its delivery reach through partnerships with popular platforms like DoorDash (DASH).

Domino's Pizza's mixed performance in 2024 can be attributed to a combination of international challenges, delivery expansion, menu innovation, loyalty programs, and value initiatives. As the company works to address its international struggles and successfully implement its strategic initiatives, investors can expect both positive and negative impacts on the upcoming Q4 results.

In conclusion, the recent forecast changes from Wall Street's most accurate analysts reflect a positive outlook on Domino's Pizza's growth prospects. With Citigroup analyst Jon Tower and TD Cowen analyst Andrew Charles raising their price targets, investors can be confident that the company is well-positioned to capitalize on its strategic initiatives and deliver strong results in the fourth quarter. As Domino's Pizza continues to navigate the challenges and opportunities in the global pizza market, investors should closely monitor the company's progress and consider the insights provided by these analysts.