Zacks Research Issues Optimistic Forecast for PLAY Earnings

Dave & Buster’s Entertainment, Inc. (NASDAQ:PLAY) – Analysts at Zacks Research increased their Q2 2026 earnings per share estimates for Dave & Buster’s Entertainment in a research report issued to clients and investors on Tuesday, June 24th. Zacks Research analyst R. Department now expects that the restaurant operator will post earnings per share of $0.80 for the quarter, up from their previous estimate of $0.65. The consensus estimate for Dave & Buster’s Entertainment’s current full-year earnings is $2.52 per share. Zacks Research also issued estimates for Dave & Buster’s Entertainment’s Q3 2026 earnings at ($0.90) EPS, Q4 2026 earnings at $0.75 EPS, FY2026 earnings at $1.41 EPS, Q2 2027 earnings at $0.84 EPS, Q3 2027 earnings at ($0.60) EPS, Q4 2027 earnings at $0.88 EPS, FY2027 earnings at $2.08 EPS and Q1 2028 earnings at $0.80 EPS.

Dave & Buster’s Entertainment (NASDAQ:PLAY) last posted its earnings results on Tuesday, June 10th. The restaurant operator reported $0.76 earnings per share for the quarter, missing the consensus estimate of $0.96 by ($0.20). The firm had revenue of $567.70 million during the quarter, compared to analysts’ expectations of $572.12 million. Dave & Buster’s Entertainment had a net margin of 1.83% and a return on equity of 40.67%. The firm’s revenue for the quarter was down 3.5% on a year-over-year basis. During the same period in the previous year, the firm posted $0.99 earnings per share.

PLAY has been the topic of a number of other reports. Piper Sandler raised their target price on shares of Dave & Buster’s Entertainment from $22.00 to $30.00 and gave the stock a “neutral” rating in a research report on Wednesday, June 11th. Loop Capital raised their price objective on shares of Dave & Buster’s Entertainment from $35.00 to $46.00 and gave the stock a “buy” rating in a research report on Wednesday, June 11th. BMO Capital Markets lifted their price objective on shares of Dave & Buster’s Entertainment from $30.00 to $35.00 and gave the company an “outperform” rating in a research note on Wednesday, June 11th. Truist Financial upped their target price on shares of Dave & Buster’s Entertainment from $22.00 to $29.00 and gave the company a “hold” rating in a report on Wednesday, June 11th. Finally, UBS Group raised their price target on Dave & Buster’s Entertainment from $18.00 to $29.00 and gave the stock a “neutral” rating in a report on Wednesday, June 11th. One research analyst has rated the stock with a sell rating, six have given a hold rating and two have given a buy rating to the stock. Based on data from MarketBeat, Dave & Buster’s Entertainment presently has a consensus rating of “Hold” and an average target price of $33.83.

Dave & Buster’s Entertainment Trading Down 0.1%

PLAY opened at $30.45 on Friday. The company has a quick ratio of 0.17, a current ratio of 0.26 and a debt-to-equity ratio of 10.69. Dave & Buster’s Entertainment has a 52 week low of $15.08 and a 52 week high of $43.73. The business’s 50 day moving average is $23.86 and its two-hundred day moving average is $23.64. The firm has a market cap of $1.05 billion, a price-to-earnings ratio of 30.15 and a beta of 2.00.

Institutional Trading of Dave & Buster’s Entertainment

A number of institutional investors have recently modified their holdings of PLAY. US Bancorp DE raised its position in Dave & Buster’s Entertainment by 442.0% in the first quarter. US Bancorp DE now owns 1,561 shares of the restaurant operator’s stock worth $27,000 after acquiring an additional 1,273 shares in the last quarter. SBI Securities Co. Ltd. purchased a new stake in shares of Dave & Buster’s Entertainment during the 4th quarter worth $47,000. Signaturefd LLC grew its stake in shares of Dave & Buster’s Entertainment by 1,427.5% during the 1st quarter. Signaturefd LLC now owns 4,277 shares of the restaurant operator’s stock worth $75,000 after purchasing an additional 3,997 shares during the period. GAMMA Investing LLC grew its stake in shares of Dave & Buster’s Entertainment by 3,974.8% during the 1st quarter. GAMMA Investing LLC now owns 4,360 shares of the restaurant operator’s stock worth $77,000 after purchasing an additional 4,253 shares during the period. Finally, KLP Kapitalforvaltning AS purchased a new position in shares of Dave & Buster’s Entertainment in the 4th quarter valued at about $175,000. 91.45% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at Dave & Buster’s Entertainment

In other Dave & Buster’s Entertainment news, SVP John Mulleady sold 5,931 shares of Dave & Buster’s Entertainment stock in a transaction that occurred on Tuesday, June 17th. The stock was sold at an average price of $32.79, for a total value of $194,477.49. Following the sale, the senior vice president now owns 42,550 shares of the company’s stock, valued at approximately $1,395,214.50. The trade was a 12.23% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 2.02% of the company’s stock.

Dave & Buster’s Entertainment Company Profile

Dave & Buster's Entertainment, Inc owns and operates entertainment and dining venues for adults and families. Its venues offer a menu of entrees and appetizers, as well as a selection of non-alcoholic and alcoholic beverages; and an assortment of entertainment attractions centered on playing games and watching live sports, and other televised events.