PLAY

Dave & Buster's Entertainment Inc

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Advanced Chart

28.100

-1.14(-3.899%)1D

Overview
Forecast
Valuation
Earnings

Line

Candle

YTD

High

28.925

Open

28.750

VWAP

28.14

Vol

753.63K

Mkt Cap

971.59M

Low

27.760

Amount

21.20M

EV/EBITDA(TTM)

5.38

Total Shares

39.56M

2.58B

EV/OCF(TTM)

8.61

P/S(TTM)

0.53

Dave & Buster's Entertainment, Inc. is an owner and operator of entertainment and dining venues. The Company owns and operates about 232 venues in North America that offer entertainment and dining experiences to guests through two distinct brands: Dave & Buster’s and Main Event. The Company has over 171 Dave & Buster's branded stores in 42 states, Puerto Rico, and Canada and offers guests the opportunity to Eat Drink Play and Watch, all in one location. Each store offers a full menu of entrees and appetizers, a complete selection of alcoholic and non-alcoholic beverages, and an assortment of entertainment attractions centered around playing games and watching live sports and other televised events. It also operates over 61 Main Event branded stores in 22 states across the country, and offers bowling, laser tag, hundreds of arcade games, and virtual reality. Each of its locations also offers full bar service, including a variety of beers, hand-crafted cocktails, and spirits.

Market Estimates

Earnings Estimates

Revenue

YoY Chg

EPS

YoYChg

FY2026Q4

FY2026Q3

FY2026Q2

569.79M

+6.6%

0.729

+5.69%

470.96M

+3.96%

-0.741

+64.64%

565.43M

+1.49%

0.922

-6.87%

Estimates Revision

The market is revising Upward the revenue expectations for Dave & Buster's Entertainment, Inc. (PLAY) for FY2026, with the revenue forecasts being adjusted by 0.84% over the past three months. During the same period, the stock price has changed by 50.11%.

Revenue Estimates for FY2026

Revise Upward

+0.84%

In Past 3 Month

EPS Estimates for FY2026

Revise Downward

-19.38%

In Past 3 Month

Stock Price

Go Up

+50.11%

In Past 3 Month

10 Analyst Rating

25.59% Upside

Wall Street analysts forecast PLAY stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for PLAY is 35.29 USD with a low forecast of 29.00 USD and a high forecast of 48.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

4 Buy

6 Hold

0 Sell

Moderate Buy

25.59% Upside

Current: 28.100

Low

29.00

Averages

35.29

High

48.00

25.59% Upside

Current: 28.100

Low

29.00

Averages

35.29

High

48.00

Texas Capital

NULL -> Buy

initiated

$48

2025-07-09

Reason

Texas Capital

Price Target

$48

2025-07-09

initiated

NULL -> Buy

Reason

Texas Capital initiated coverage of Dave & Buster's with a Buy rating and $48 price target. The company had suffered from a combination of poor store-level attendance and sales over the past two years caused by the combination of a value-focused consumer economy and a number of strategic initiatives from the previous management that failed to reverse same-store sales declines, the analyst tells investors in a research note. The firm adds however that while still early in the turnaround efforts, it is optimistic that the new management team in place and the "back to basics" focus has the potential to increasingly appeal to the target entertainment-seeking customer base as Dave & Buster's continues to expand the network in a more spend-appropriate manner.

Piper Sandler

Brian Mullan

Neutral

maintain

$22 -> $30

2025-06-11

Reason

Piper Sandler

Brian Mullan

Price Target

$22 -> $30

2025-06-11

maintain

Neutral

Reason

Piper Sandler analyst Brian Mullan raised the firm's price target on Dave & Buster's to $30 from $22 and keeps a Neutral rating on the shares following quarterly results. While the Q1 same-store sales result of down 8.3% was below consensus, the more relevant takeaway tonight has to do with Dave & Buster's monthly disclosures. Specifically, Piper notes that the same-store sales progression over the last several months has been down 11.9% in February, down 8.4% in March, down 4.3% in April, and now running only down 2.2% in the Q2-to-date time period. While there is still a lot of "wood to chop" at Dave & Buster's, the firm would expect the stock to react favorably.

UBS

Dennis Geiger

Neutral

maintain

$18 -> $29

2025-06-11

Reason

UBS

Dennis Geiger

Price Target

$18 -> $29

2025-06-11

maintain

Neutral

Reason

UBS analyst Dennis Geiger raised the firm's price target on Dave & Buster's to $29 from $18 and keeps a Neutral rating on the shares. There are indications of turnaround progress at Dave & Buster's, the analyst tells investors in a research note.

Loop Capital

Buy

maintain

$35 -> $46

2025-06-11

Reason

Loop Capital

Price Target

$35 -> $46

2025-06-11

maintain

Buy

Reason

Loop Capital raised the firm's price target on Dave & Buster's to $46 from $35 and keeps a Buy rating on the shares. The company's Q1 comps missed estimates, but the management noted sequential improvement in trends through early Q2, the analyst tells investors in a research note. The recovery signs for Dave & Buster's are "clear", the firm added.

Truist

Jake Bartlett

Hold

maintain

$22 -> $29

2025-06-11

Reason

Truist

Jake Bartlett

Price Target

$22 -> $29

2025-06-11

maintain

Hold

Reason

Truist analyst Jake Bartlett raised the firm's price target on Dave & Buster's to $29 from $22 but keeps a Hold rating on the shares after its Q1 results. The company's comps and adjusted EBITDA missed consensus estimates, but its commentary suggests significantly improved recent SSS trends as its interim CEO has implemented a 'back to basics' strategy of refocusing on new amusement games and switching back to TV advertising, the analyst tells investors in a research note. The firm says it would remain on the sidelines however given Dave & Buster's history of market share loss.

BMO Capital

Andrew Strelzik

Outperform

maintain

$30 -> $35

2025-06-11

Reason

BMO Capital

Andrew Strelzik

Price Target

$30 -> $35

2025-06-11

maintain

Outperform

Reason

BMO Capital analyst Andrew Strelzik raised the firm's price target on Dave & Buster's to $35 from $30 and keeps an Outperform rating on the shares. The company's Q1 EBITDA of $136M was $6M below consensus, reflecting repair and maintenance investments and pre-opening cost timing, though traffic improved throughout the current quarter, with quarter-to-date comps down just 2.2% and positive comps seen in 11 of the past 30 days, the analyst tells investors in a research note. BMO adds it is encouraged by early traction behind the Back to Basics strategy, which now has comps ahead of its expectations.

See All Ratings

Valuation Metrics

The current forward P/E ratio for Dave & Buster's Entertainment Inc (PLAY.O) is 15.87, compared to its 5-year average forward P/E of 10.76. For a more detailed relative valuation and DCF analysis to assess Dave & Buster's Entertainment Inc 's fair value, click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.

Fair

5Y Average PE

10.76

Current PE

15.87

Overvalued PE

18.34

Undervalued PE

3.18

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.

N/A

5Y Average EV/EBITDA

20.68

Current EV/EBITDA

9.24

Overvalued EV/EBITDA

64.48

Undervalued EV/EBITDA

-23.13

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.

Undervalued

5Y Average PS

0.93

Current PS

0.48

Overvalued PS

1.29

Undervalued PS

0.56