- Projected Growth: Analysts expect Dave & Buster's (PLAY, Financial) Q3 earnings per share to surge by 253.3% year-over-year.
- Revenue Forecast: Anticipated revenue is $545.83 million, marking a 20.5% increase.
- Investment Potential: Significant upside potential with one-year price targets suggesting an increase from the current share price.
Dave & Buster's (PLAY), a leader in entertainment and dining, is poised to unveil its Q3 earnings on April 7th. Analysts foresee robust growth, with an expected earnings per share of $0.69, representing a substantial 253.3% spike from the previous year. Revenue is also anticipated to climb by 20.5%, reaching $545.83 million. Historically, the company has had varied success in exceeding these forecasts.
Wall Street Analysts Forecast
According to the evaluations from seven analysts, Dave & Buster's Entertainment Inc (PLAY, Financial) holds an average price target of $37.57. The projections range from a high of $48.00 to a low of $21.00. This implies a significant potential upside of 122.98% from the current share price of $16.85. For more comprehensive forecast data, visit the Dave & Buster's Entertainment Inc (PLAY) Forecast page.
The consensus rating from 10 brokerage firms places Dave & Buster's Entertainment Inc (PLAY, Financial) at an average recommendation of 2.6, indicative of a "Hold" status. This rating scale ranges from 1 (Strong Buy) to 5 (Sell).
In terms of intrinsic valuation, GuruFocus estimates the GF Value for Dave & Buster's Entertainment Inc (PLAY, Financial) to be $61.15 over the next year. This assessment suggests an impressive upside of 262.91% from the current trading price of $16.85. GF Value represents the calculated fair market value based on historical trading multiples, past growth, and projected future performance. For detailed summary data, explore the Dave & Buster's Entertainment Inc (PLAY) Summary page.
