BMO Lowers Expectations After Dave & Buster’s Entertainment, Inc. (PLAY)’s EBITDA Miss
Key takeaways
- BMO Lowers Expectations After Dave & Buster’s Entertainment, Inc.
- However, the firm said that the company’s QTD trends have modestly strengthened, with management projecting positive comps for the remainder of the year.
- On the same day, UBS also cut the price target on Dave & Buster’s Entertainment, Inc.
BMO Lowers Expectations After Dave & Buster’s Entertainment, Inc. (PLAY)’s EBITDA Miss Rameen Kasana Tue, June 23, 2026 at 10:36 PM GMT+7 2 min read PLAY BMO Dave & Buster’s Entertainment, Inc. (NASDAQ:PLAY) is among the best low priced stocks to get rich in 2026. Andrew Strelzik, an analyst at BMO Capital, trimmed the price target on Dave & Buster’s Entertainment, Inc. (NASDAQ:PLAY) to $22 from $24 on June 16. As highlighted by the analyst, the company’s Q1 EBITDA missed consensus by $14 million. This was mainly due to muted comps and sales de-leverage.
However, the firm said that the company’s QTD trends have modestly strengthened, with management projecting positive comps for the remainder of the year. The firm’s Outperform rating for Dave & Buster’s Entertainment, Inc. (NASDAQ:PLAY) is driven by the stock’s attractive risk-reward profile, favorable business developments, and readiness to reallocate capex from store expansion toward reinvestment. Indeed, PLAY is among the best low-priced stocks to get rich in 2026.
On the same day, UBS also cut the price target on Dave & Buster’s Entertainment, Inc. (NASDAQ:PLAY) to $12 from $13 and maintained a Neutral rating. Despite weaker macro conditions in March and April, management remains optimistic about same-store sales improvement through 2026, the analyst highlighted. From effective marketing to investments in innovation, the company has many growth drivers.