What is Zacks Research’s Forecast for PLAY Q3 Earnings?

Dave & Buster’s Entertainment Inc (NASDAQ:PLAY) – Research analysts at Zacks Research decreased their Q3 2025 earnings per share (EPS) estimates for Dave & Buster’s Entertainment in a research report issued on Monday, November 25th. Zacks Research analyst R. Department now anticipates that the restaurant operator will earn ($0.43) per share for the quarter, down from their prior forecast of ($0.34). The consensus estimate for Dave & Buster’s Entertainment’s current full-year earnings is $2.62 per share. Zacks Research also issued estimates for Dave & Buster’s Entertainment’s Q3 2026 earnings at ($0.30) EPS, FY2026 earnings at $2.95 EPS, Q2 2027 earnings at $0.99 EPS and Q3 2027 earnings at ($0.35) EPS.

A number of other analysts also recently weighed in on PLAY. Loop Capital cut their price target on shares of Dave & Buster’s Entertainment from $63.00 to $59.00 and set a “buy” rating for the company in a report on Thursday, September 12th. Benchmark initiated coverage on Dave & Buster’s Entertainment in a research note on Monday, October 7th. They set a “hold” rating for the company. Truist Financial decreased their price target on Dave & Buster’s Entertainment from $59.00 to $56.00 and set a “buy” rating on the stock in a research note on Tuesday. StockNews.com downgraded Dave & Buster’s Entertainment from a “hold” rating to a “sell” rating in a research report on Wednesday, September 11th. Finally, BMO Capital Markets decreased their target price on Dave & Buster’s Entertainment from $55.00 to $51.00 and set an “outperform” rating on the stock in a research report on Tuesday. One analyst has rated the stock with a sell rating, four have assigned a hold rating and five have given a buy rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $61.57.

Dave & Buster’s Entertainment Trading Up 4.3 %

Shares of Dave & Buster’s Entertainment stock opened at $37.62 on Thursday. The company has a quick ratio of 0.14, a current ratio of 0.24 and a debt-to-equity ratio of 4.54. Dave & Buster’s Entertainment has a 12-month low of $29.31 and a 12-month high of $69.82. The company has a market capitalization of $1.48 billion, a price-to-earnings ratio of 13.73 and a beta of 2.13. The firm’s 50-day moving average price is $36.00 and its two-hundred day moving average price is $38.10.

Dave & Buster’s Entertainment (NASDAQ:PLAY) last released its earnings results on Tuesday, September 10th. The restaurant operator reported $1.12 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.84 by $0.28. The company had revenue of $557.10 million for the quarter, compared to analyst estimates of $560.65 million. Dave & Buster’s Entertainment had a return on equity of 51.75% and a net margin of 5.10%. Dave & Buster’s Entertainment’s quarterly revenue was up 2.8% on a year-over-year basis. During the same period in the prior year, the firm posted $0.94 EPS.

Insider Buying and Selling at Dave & Buster’s Entertainment

In other Dave & Buster’s Entertainment news, CEO Christopher Daniel Morris bought 14,912 shares of Dave & Buster’s Entertainment stock in a transaction on Monday, October 7th. The shares were purchased at an average cost of $33.67 per share, with a total value of $502,087.04. Following the acquisition, the chief executive officer now directly owns 83,847 shares of the company’s stock, valued at $2,823,128.49. The trade was a 21.63 % increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Corporate insiders own 1.60% of the company’s stock.

Hedge Funds Weigh In On Dave & Buster’s Entertainment

A number of hedge funds have recently modified their holdings of PLAY. XTX Topco Ltd increased its holdings in Dave & Buster’s Entertainment by 171.5% in the third quarter. XTX Topco Ltd now owns 53,803 shares of the restaurant operator’s stock valued at $1,832,000 after purchasing an additional 33,988 shares during the period. Systematic Financial Management LP acquired a new stake in shares of Dave & Buster’s Entertainment in the third quarter valued at about $224,000. Quarry LP bought a new position in shares of Dave & Buster’s Entertainment during the third quarter worth about $47,000. RBF Capital LLC acquired a new position in shares of Dave & Buster’s Entertainment in the third quarter worth approximately $511,000. Finally, Centiva Capital LP acquired a new position in shares of Dave & Buster’s Entertainment in the third quarter worth approximately $328,000. Institutional investors and hedge funds own 91.45% of the company’s stock.

About Dave & Buster’s Entertainment

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.