Dave & Buster's earnings preview: analysts cut price targets

1 min read     Updated on 12 Jun 2026, 05:32 PM
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AI Summary

Dave & Buster's Entertainment, Inc. prepares to announce Q1 earnings on June 15, with analysts forecasting a decline in EPS to 66 cents and revenue rising to $578.38 million. Recent analyst activity includes multiple price target cuts from firms such as Piper Sandler and Truist Securities.

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Dave & Buster's Entertainment, Inc. will release its first-quarter earnings after the closing bell on Monday, June 15. Analysts expect the Coppell, Texas-based company to report quarterly earnings of 66 cents per share, down from 76 cents per share in the year-ago period. The consensus estimate for revenue is $578.38 million, compared to $567.7 million reported last year.

The company posted weaker-than-expected fourth-quarter results on March 31. Shares gained 5.5% to close at $13.18 on Thursday.

Analyst Revisions

Several analysts have adjusted their ratings and price targets for the stock in the months leading up to the earnings release. The following table details recent changes from Benzinga's most accurate analysts:

Analyst Firm Rating Price Target Change Date Accuracy Rate
Brian Mullan Piper Sandler Neutral $22 to $14 April 6, 2026 71%
Jake Bartlett Truist Securities Hold $23 to $18 Jan. 8, 2026 65%
Dennis Geiger UBS Neutral $20 to $19 Jan. 6, 2026 54%
Andrew Strelzik BMO Capital Outperform $35 to $30 Dec. 10, 2025 61%
Lynne Collier Freedom Capital Markets Hold Initiated at $16 Nov. 6, 2025 68%

These revisions reflect a cautious outlook from analysts ahead of the quarterly report. The accuracy rates provided indicate the historical performance of each analyst's forecasts.

What factors are driving the expected decline in earnings per share despite a projected revenue increase?

How might the upcoming earnings report influence the recent price target adjustments made by analysts?

What strategies could Dave & Buster's implement to reverse the cautious outlook reflected in analyst ratings?

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Dave & Buster's opens third India venue in New Delhi

1 min read     Updated on 12 Jun 2026, 01:37 AM
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AI Summary

Dave & Buster's opened its third Indian venue in New Delhi on June 11, 2026, located in Pacific Mall. Partnered with Malpani Group, the expansion aims to bring 15 locations to India. The new site offers dining, gaming, and sports viewing.

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Dave & Buster's opened its third Indian location in New Delhi on June 11, 2026, expanding its footprint in the country's capital. Situated on the third floor of Pacific Mall, the new venue offers a combination of dining, gaming, and sports viewing. This opening follows successful launches in Bangalore and Mumbai and aligns with the company's broader international expansion strategy.

The New Delhi outlet is operated in partnership with Malpani Group. This collaboration is part of a strategic plan to introduce 15 Dave & Buster's venues to India in the coming years. The venue is designed as a high-energy social destination, providing guests with a space to gather, celebrate, and compete under one roof.

"India continues to be a dynamic and important growth market for Dave & Buster's," said Antonio Bautista, President of International at Dave & Buster's. "New Delhi is a vibrant, culturally rich city with a strong appetite for premium social entertainment. We're excited to introduce our Eat, Drink, Play, and Watch experience to guests in the capital."

Shreya Malpani, Director of Malpani Group, highlighted the significance of the new location. "We're proud to bring Dave & Buster's to Pacific Mall in New Delhi," said Malpani. "This concept delivers a world-class entertainment experience that blends gaming, dining and social energy in a way that resonates with today's consumers. We believe it will quickly become a landmark destination."

Expansion Details

The New Delhi opening adds to Dave & Buster's growing global portfolio, which includes recent entries into Australia, the Dominican Republic, and the Philippines. The company operates approximately 250 venues across North America, India, the Philippines, the Dominican Republic, and Australia.

Location Partner Status
Bangalore Dave & Buster's Open
Mumbai Dave & Buster's Open
New Delhi Malpani Group Open

About the Partners

Dave & Buster's Entertainment, Inc. was founded in 1982 and is headquartered in Coppell, Texas. It is recognized as the global leader in competitive socializing. The company's international presence is driven by the Dave & Buster's brand, while its domestic operations are bolstered by Main Event.

The Malpani Group is based in Sangamner, India, and operates across sectors including renewable energy, FMCG, real estate, and hospitality. Through ImagicaaWorld Entertainment Limited, the group manages eight amusement, theme, and water parks across the country.

What is the projected timeline for opening the remaining 12 venues in India?

How will the partnership model with Malpani Group influence future expansion strategies in other regions?

What metrics will be used to evaluate the success of the New Delhi location in the first year?

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