$PLAY Dave & Busters Q3 2024 Earnings Conference Call
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Dec 10 2024
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Analyst Views on PLAY
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 22.20 USD with a low forecast of 16.00 USD and a high forecast of 30.00 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.
7 Analyst Rating
2 Buy
5 Hold
0 Sell
Moderate Buy
Current: 18.810
Low
16.00
Averages
22.20
High
30.00
Current: 18.810
Low
16.00
Averages
22.20
High
30.00
About PLAY
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.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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See More
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- Author's Perspective: The views and opinions presented are solely those of the author.
- No Official Endorsement: The content does not necessarily reflect the views of Nasdaq, Inc.
See More
Midday Stock Highlights: Notable Movements in Photronics, AeroVironment, Maplebear, GE Vernova, and Others
Photronics Performance: Photronics saw a significant increase of over 37% in its stock price due to better-than-expected fiscal fourth-quarter results and optimistic first-quarter earnings guidance.
Maplebear Challenges: Maplebear's stock dropped 6% following Amazon's expansion of its same-day perishable grocery delivery service, which directly competes with Instacart.
United Natural Foods Outlook: United Natural Foods' shares fell more than 7% after it projected low single-digit average net sales growth through 2028.
Dave & Buster's and GE Vernova Gains: Dave & Buster's shares surged 15.5% despite missing earnings expectations, while GE Vernova's stock jumped 14% after positive revenue trends and a dividend increase.
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