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Dave & Buster’s Appoints Tarun Lal as New CEO

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Dave & Buster’s Appoints Tarun Lal as New CEO

Elevate Your Investing Strategy:

Dave & Busters Entertainment ( (PLAY) ) has shared an announcement.

On July 14, 2025, Dave & Buster’s Entertainment appointed Tarun Lal as CEO and Board member, effective immediately, succeeding Interim CEO Kevin Sheehan, who remains Chairman. Lal, with over 25 years at Yum! Brands, is expected to drive growth and shareholder value. The company also adopted an Inducement Plan to attract new employees, reserving 2 million shares for equity awards, aligning with its 2025 Omnibus Incentive Plan.

The most recent analyst rating on (PLAY) stock is a Buy with a $48.00 price target. To see the full list of analyst forecasts on Dave & Busters Entertainment stock, see the PLAY Stock Forecast page.

Spark’s Take on PLAY Stock

According to Spark, TipRanks’ AI Analyst, PLAY is a Neutral.

The overall score reflects a mixed outlook for Dave & Busters Entertainment. While there are positive signs from technical analysis and strategic initiatives, financial performance remains a concern with high leverage and declining profitability. The stock is currently overvalued, impacting its attractiveness. Nevertheless, strong shareholder support and promising strategic moves contribute positively to the score.

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

More about Dave & Busters Entertainment

Dave & Buster’s Entertainment, Inc., founded in 1982 and headquartered in Coppell, Texas, operates 236 venues in North America under the brands Dave & Buster’s and Main Event. The company offers entertainment and dining experiences, featuring a full menu, beverages, and various entertainment attractions, including games and live sports. Dave & Buster’s has 175 stores in 43 states, Puerto Rico, and Canada, while Main Event operates 61 stores in 22 states, providing activities like bowling, laser tag, and arcade games.

Average Trading Volume: 1,197,075

Technical Sentiment Signal: Hold

Current Market Cap: $1.12B

See more insights into PLAY stock on TipRanks’ Stock Analysis page.

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