Dave & Buster's Gears Up For Q3 Print; Here's A Look At Recent Price Target Changes By The Most Accurate Analysts

Dave & Buster's Entertainment, Inc. PLAY is projected to release financial results for its third quarter ended Oct. 29, 2023, after the closing bell on Dec. 5, 2023.

Analysts expect the company to post a quarterly loss at 12 cents per share, compared to year-ago earnings of 4 cents per share. The company’s revenue might come in at $472.25 million for the latest quarter, according to Benzinga Pro.

Dave & Buster's Entertainment, during September, reported weaker-than-expected second-quarter sales.

Dave & Buster's shares fell 1.1% to close at $42.67 on Monday.

Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.

Let’s have a look at how Benzinga’s most-accurate analysts have rated the company in the recent period.

• UBS analyst Dennis Geiger maintained a Neutral rating and cut the price target from $50 to $43 on Sept. 7, 2023. This analyst has an accuracy rate of 71%.
• Truist Securities analyst Jake Bartlett maintained a Buy rating and slashed the price target from $60 to $57 on Sept. 7, 2023. This analyst has an accuracy rate of 79%.
• BMO Capital analyst Andrew Strelzik maintained an Outperform rating and decreased the price target from $60 to $55 on Sept. 7, 2023. This analyst has an accuracy rate of 82%.
• Raymond James analyst Brian Vaccaro downgraded the stock from Strong Buy to Outperform and lowered the price target from $60 to $55 on Sept. 7, 2023. This analyst has an accuracy rate of 81%.
• Piper Sandler analyst Nicole Miller Regan initiated coverage on the stock with an Overweight rating with a price target of $56 on July 18, 2023. This analyst has an accuracy rate of 77%.

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