BMO Capital Rates Dave & Buster's Entertainment (PLAY) buy

BMO Capital keeps a buy rating for PLAY, setting a target price of $22, a 78.57% upside from the current price.

By EarningsIQ Research Desk · Published Jun 16, 2026, 10:02 AM EDT · Updated Jun 17, 2026, 1:00 AM EDT

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BMO Capital rated Dave & Buster's Entertainment, Inc. ($PLAY) "buy" with a $22 price target on June 16, 2026.

Since the rating, $PLAY is down 2.4% after 1 week, down 8.7% after 1 month and down 34.2% to date (from the $11.55 close on Jun 16, 2026).

PLAY Dave & Buster's Entertainment, Inc.

$7.60 -55.40% year to date

Daily close · Oct 16, 2026

Key Points

BMO Capital reiterated its buy rating on PLAY on June 16, 2026, with a target price of $22.
BMO Capital's $22 price target implies 78.57% upside from Dave & Buster's Entertainment, Inc.'s ($PLAY) current $12.32 share price.
PLAY shares are trading at $12.32, with institutional investors adjusting their holdings recently.
Insiders at PLAY have been active, with several buying shares at undisclosed prices in early June.

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BMO Capital has reiterated its buy rating on PLAY, setting a target price of $22. This update was made on June 16, 2026, by analyst Andrew Strelzik. Currently, PLAY shares are trading at $12.32.

Other Institutional Activity in PLAY

Several funds have adjusted their positions in PLAY. Hill Path Capital LP holds 7,119,255 shares valued at about $77.1 million, with no change in the number of shares. Nomura Holdings Inc has 2,411,191 shares worth approximately $26.1 million, also unchanged. Eminence Capital, LP holds 2,346,038 shares valued at $25.4 million. Meanwhile, BlackRock, Inc. reduced its stake by 2,015,304 shares, bringing its total to 2,152,823 shares worth about $23.3 million. Morgan Stanley increased its holdings by 98,950 shares to a total of 1,550,536 shares, valued at $16.8 million. Arrowstreet Capital, Limited Partnership boosted its position by 468,174 shares to 1,509,752 shares, valued at $16.4 million.

Dave & Buster's Entertainment, Inc. Stock Up 83.1%

PLAY shares are currently trading at $12.32. The stock has experienced various institutional adjustments, reflecting diverse strategies among major investors. The company's market movements are keenly observed by analysts and investors alike.

12-month forecast

$PLAY price target

Dave & Buster's Entertainment, Inc. daily closes and this analyst's $22 target. Not advice.

Insider Buying and Selling at Dave & Buster's Entertainment, Inc.

Insider activity at PLAY has been notable. On June 2, 2026, Kevin Fish, the SVP and Chief Tech & Digital Officer, purchased shares in multiple transactions, though the price was not disclosed. Antonio Pineiro, President of International, and Les Lehner, SVP and Chief Development Officer, also bought shares on the same day. On June 8, 2026, Steve Klohn, the SVP Chief Information Officer, sold 2,870 shares at an average price of $11.04.

Analysts Set New Price Targets

On June 16, 2026, BMO Capital maintained its buy rating on PLAY with a price target of $22. UBS also maintained a hold rating with a target of $12. Piper Sandler and Truist Securities have previously maintained hold ratings with targets of $14 and $18, respectively. The consensus among analysts is mixed, with varied opinions on the stock's future performance.

Bottom Line

BMO Capital's reaffirmation of its buy rating on PLAY with a $22 target highlights continued confidence in the company's potential. Investors closely watch these analyst ratings as they provide insights into market expectations. It's important to remember that these ratings and targets are based on past data and projections, and actual market conditions can differ.