Accel Entertainment Delivers Record Q1 Revenue, Highlights Growth

Accel Entertainment ( (ACEL) ) has provided an announcement.

On May 5, 2026, Accel Entertainment reported quarterly record revenue of $352 million for the first quarter ended March 31, 2026, up 9% year over year, with locations and gaming terminals increasing 3% and 4%, respectively, and adjusted EBITDA rising 9% to $54 million. Net income was flat at $15 million, partly reflecting a timing shift in Fairmount Park purse expenses, while the company closed the quarter with $274 million in cash, net debt of $306 million, and repurchased 1.1 million shares for $12 million.

Illinois revenue, excluding Fairmount Park, rose 6% on improved hold-per-day and higher-performing customer mix, supported by the full rollout of ticket-in, ticket-out technology across state terminals. Management highlighted Chicago terminal placements as a major upcoming growth catalyst, the launch of table games and a second racing season at Fairmount Park, strong momentum in newer markets such as Nebraska and Louisiana, and a solid balance sheet that supports organic expansion, bolt-on acquisitions and continued capital returns.

Also on May 5, 2026, the company posted an investor presentation to its website for use in meetings with investors, analysts and other stakeholders, reinforcing its multi-channel approach to communicating material information. Accel noted that public disclosures through SEC filings, press releases, conference calls and its investor relations site are intended to satisfy its obligations under Regulation FD and provide transparency for shareholders and the broader market.

The most recent analyst rating on (ACEL) stock is a Buy with a $14.00 price target. To see the full list of analyst forecasts on Accel Entertainment stock, see the ACEL Stock Forecast page.

Spark’s Take on ACEL Stock

According to Spark, TipRanks’ AI Analyst, ACEL is a Outperform.

The score is driven primarily by solid financial performance (strong revenue growth, improving profitability, and rising operating cash flow with improved leverage). Technicals are supportive with an established uptrend, though momentum is somewhat stretched (high RSI). Valuation is moderate based on the provided P/E, while the latest earnings call was constructive with record results and disciplined capital deployment, offset by regulatory/timing uncertainty around Chicago and ongoing Illinois optimization.

To see Spark’s full report on ACEL stock, click here.

More about Accel Entertainment

Accel Entertainment, Inc. is a U.S. locals-focused gaming operator that partners with small businesses, local communities and state governments to provide entertaining, convenient and safe gaming experiences across multiple states. The company operates thousands of gaming terminals and locations nationwide, with Illinois as its largest market and a growing presence in developing jurisdictions such as Nebraska, Louisiana and others.

Average Trading Volume: 380,933

Technical Sentiment Signal: Strong Buy

Current Market Cap: $996M

For an in-depth examination of ACEL stock, go to TipRanks’ Overview page.