Dave & Buster’s Entertainment, Inc. (NASDAQ:PLAY) posted downbeat second-quarter fiscal 2026 results after Monday’s closing bell.
Dave & Buster’s Entertainment reported quarterly losses of 27 cents per share, which missed the consensus estimate for losses of 24 cents, per Benzinga Pro data. Quarterly revenue came in at $544.1 million, which missed the Street estimate of $557.19 million.
“We are energized by the obvious, actionable, and enormous opportunities ahead for Dave & Buster’s and Main Event,” said Darin Harper, Chief Executive Officer. “Our Back-to-Basics strategy is gaining momentum with enhanced executional urgency. We are experiencing ongoing growth in food and beverage sales as well as in special events sales. The same store sales of our remodels continue to outperform the system.”
Dave & Buster’s shares fell 12.3% to $7.42 in pre-market trading.
These analysts made changes to their price targets on Dave & Buster’s following earnings announcement.
- Freedom Capital Markets analyst Lynne Collier maintained the stock with a Hold and lowered the price target from $13 to $9.
- BMO Capital analyst Andrew Strelzik maintained the stock with an Outperform rating and cut the price target from $22 to $13.
- UBS analyst Dennis Geiger maintained the stock with a Neutral and cut the price target from $12 to $9.
Considering buying PLAY stock? Here’s what analysts think:
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