Seaport Global Initiates Coverage On Domino's Pizza with Neutral Rating
Seaport Global analyst Eric Gonzalez initiates coverage on Domino's Pizza (NASDAQ:DPZ) with a Neutral rating.
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The CNN Fear & Greed index, currently at 37.6, shows a fearful market sentiment. U.S. stocks fell on Monday amid rising oil prices.
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Seaport Global analyst Eric Gonzalez initiates coverage on Domino's Pizza (NASDAQ:DPZ) with a Neutral rating.
Analysts cut targets for AAPL, CHWY, COO, TYRA and CNM; raised DLR, DPZ, SIG, while ratings stayed unchanged.
TD Cowen analyst Andrew M. Charles maintains Domino's Pizza (NASDAQ:DPZ) with a Hold and raises the price target from $310 to $320.
The global Quick Service Restaurants market is projected to grow from USD 1,064.44 billion in 2025 to USD 2,462.71 billion by 2035 at an 8.75% CAGR. Digital ordering and delivery services now account for 48% of QSR sales, with online orders exceeding 120 billion globally. North America leads with 34.65% market share, while Asia Pacific emerges as the fastest-growing region at 9.96% CAGR. Major players are investing in digital innovation, mobile apps, and contactless services to capture growing consumer demand for convenience.
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Hybrid vehicles reached 16% of U.S. light-duty vehicle sales in Q2 2026 as battery electric vehicles fell to 6%, driven by expired EV tax credits, lower hybrid costs, and charging infrastructure concerns. Toyota, Honda, and Hyundai Motor Group control 86% of the hybrid market. This shift is expected to benefit automotive ETFs holding traditional automakers, with hybrids projected to capture 34% of market share by 2030.