Baird upgrades Domino’s Pizza to Outperform and raises target to $400
Baird upgraded Domino’s Pizza from Neutral to Outperform on November 13, 2026, and raised its price target to $400 from $320. The firm cited a better promotional strategy, improved sales prospects and stronger franchisee profitability. BMO Capital separately maintained its Outperform rating and $390 target while citing confidence in order momentum.
Why it matters
The change raises Baird’s published valuation benchmark for Domino’s and signals a more constructive view of its sales and franchisee-profitability outlook. BMO’s unchanged Outperform rating provides a separate supportive analyst view, but the materials also cite ongoing concerns about traffic, unit growth and franchisee profitability.
Key facts
- 1Baird changed its Domino’s rating from Neutral to Outperform and raised its price target to $400 from $320. tradingview.com
- 2Domino’s reported third-quarter revenue of $1.186 billion and earnings per share of $4.60. investing.com
- 3BMO Capital reiterated an Outperform rating and a $390.00 price target after meeting with Domino’s management. investing.com
- 4Domino’s shares rose 2.1% to $340.24 after the Baird upgrade. investing.com
Summary written by AlphAI AI Desk from 7 of 7 sources. Not investment advice. Figures are as stated by the linked sources.