11:06 AM EDT, 10/08/2025 (MT Newswires) -- Domino's Pizza (DPZ) is poised to report a "solid" Q3 with a "modest beat" of Street expectations, Morgan Stanley said in a Wednesday note.
The company remains "partly insulated" from "burger wars" in the US and is "fairly resilient" in overseas markets, given its good value proposition and own product drivers, according to the note.
Morgan Stanley expects Domino's Pizza's Q3 same-store sales in the US to almost double to about 8% from Q2, based on traffic growth momentum and system sales growth. Meanwhile, international same-store sales are expected to be "largely" flat sequentially, the investment firm added.
Morgan Stanley raised its Q3 earnings per share estimate for the company to $4.02 from $3.94, leading to a higher 2025 EPS estimate of $17.73 from $17.69.
The company is set to announce its Q3 results on Oct. 14.
Morgan Stanley raised its price target on Domino's Pizza stock to $535 from $520 while maintaining an overweight rating.
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