Dpz stock price forecast with expansion in Asia-Pacific underway
With expansion in Asia-Pacific underway, the "dpz stock price forecast" embeds potential for long-term growth beyond domestic saturation, ensuring diversified revenue streams. Domino's Pizza, Inc. (NYSE:DPZ) is one of the best restaurant stocks to buy due to its sweet upside potential – according to analysts, the stock price is expected to hit $555.1 from its current price of $497.33, which is an upside of 11.6%! On top of that, the company surpassed analysts' expectations, as its revenue rose 5.9% to $1.08 billion, as compared to Q1 2023. Even more importantly, the higher revenue drove the profitability of the company, as its margin saw an uptick of 10%, reaching 12%! Why Options Traders Are Betting Big on Oracle Stock Recent "dpz stock price forecast" models from Wall Street point toward a 12-month target average of $505, reflecting steady EPS growth. The QSR industry is outperforming the S&P 500, and Domino’s pricing strategy appears well-timed amid softening commodity prices.
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