Domino's Pizza stock sees bullish options bets ahead of October earnings

Published on 09/18/2026 at 21:10 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Domino's Pizza stock is trading near USD 295 as of September 18, 2026, while options traders build bullish calendar spreads at strikes well above the 52-week high. The next earnings report is scheduled for October 13, 2026 with consensus EPS of USD 4.09.

DPZ, US26210C1045, Illustration mit AI erstellt.

Domino's Pizza, Inc. stock (ISIN US26210C1045) is changing hands around USD 295 on Nasdaq as of September 18, 2026, while derivatives traders are positioning for a potential recovery move with sizable bullish calendar spreads at strikes far above the current price. As Investing.com reported on September 18, 2026, one notable options flow saw calendar spreads at USD 460 and USD 480 strikes, implying more than 55 percent upside from the spot price and signaling optimistic positioning into the next few months.

Options traders target upside well above the 52-week high

According to Investing.com on September 18, 2026, a block trade in Domino's options involved around 3,592 contracts with a call-to-put ratio of about 5.3 to 1, underscoring that bullish calls dominated the flow.

In this trade, DPZ was quoted at USD 295.57 at 12:23 p.m. Eastern Time on September 18, 2026, down 0.70 percent on the session, while the 52-week high stood at USD 442.35, meaning the USD 460 and USD 480 calendar spread strikes lie above the recent high watermark and represent roughly 55.6 percent and 62.3 percent potential upside versus the spot price, respectively, over the option horizon as detailed by Investing.com.

Earnings expectations and recent quarterly performance

Beyond the options market, the next fundamental checkpoint for Domino's Pizza stock is the upcoming quarterly earnings release, with multiple data providers pointing to mid-October as the key date. According to AltIndex, Domino's is scheduled to report its next earnings on October 13, 2026, with analyst consensus for earnings per share at USD 4.09 for the quarter.

The same AltIndex overview on September 18, 2026 notes that Domino's DPZ share price stands at USD 297.47, representing a 4.2 percent decline over the last three months compared with USD 310.48 three months earlier, highlighting that the stock has recently faced modest pressure ahead of the report as summarized by AltIndex.

Recent reported fundamentals provide context for those expectations. A restaurant-sector comparison compiled by MarketBeat shows that in the second quarter of 2026 Domino's Pizza posted earnings per share of USD 4.07 versus a consensus estimate of USD 4.17, missing expectations by USD 0.10 for that period.

In the same Q2 2026 snapshot cited by MarketBeat, Domino's revenue was reported at about USD 1.19 billion, providing a scale reference for the chain's global operations and illustrating the top-line base off which investors are assessing growth and margin trends into the upcoming quarter.

From an earnings revision and surprise perspective, Zacks noted on September 18, 2026 that Domino's Pizza currently carries an Earnings ESP of plus 0.73 percent and a Zacks Rank of 3, with earnings in the to-be-reported quarter expected to grow by about 5.9 percent year over year, while the company has missed consensus estimates in three of the last four quarters and beaten once, leading to an average earnings miss of 0.6 percent.

Valuation, sentiment and sector context

Investor sentiment around Domino's Pizza stock reflects a balance between cautious near-term expectations and longer-term appreciation of the brand and business model. An analysis published by Morningstar in mid-September 2026 lists Domino's Pizza among key restaurant stocks, with a market capitalization around USD 11 billion, underlining the company's scale compared with peers in the casual and quick-service dining space.

Sector-level reporting from GuruFocus on September 18, 2026 highlights that many restaurant stocks have been under pressure, stating that Domino's Pizza shares have fallen more than 27 percent year to date, which frames the options market bullish bets as a counterpoint to the recent weakness and suggests some investors see opportunity in the pullback.

On the qualitative side, a separate piece from Ground News dated September 18, 2026 argues that Domino's remains an attractive long-term holding despite short-term volatility, emphasizing the durability of its franchise system and digital ordering capabilities, though this view is not a recommendation and serves primarily as sentiment context.

Domino's Pizza stock price and market data

For investors tracking the underlying equity rather than derivatives, recent price snapshots show Domino's Pizza stock around the mid-USD 290s to just under USD 300. Per exchange data cited by Investing.com, DPZ traded at USD 295.57 as of 12:23 p.m. Eastern Time on September 18, 2026, while a separate data view from AltIndex lists the share price at USD 297.47 on the same date, illustrating a narrow intraday range around the USD 295 to USD 300 band.

From a broader perspective, a snapshot embedded in a Yahoo Finance page shows Domino's Pizza, Inc. at USD 297.65 with a daily loss of 1.21 percent and a market capitalization of about USD 9.847 billion, providing additional confirmation of the company’s current valuation range around USD 10 billion as of mid-September 2026.