Denny’s Announces Acquisition by Sparkle Topco Corp.

Denny’s ( (DENN) ) has provided an update.

On November 3, 2025, Denny’s Corporation announced a definitive agreement to be acquired by Sparkle Topco Corp., controlled by TriArtisan Capital Advisors LLC, Treville Capital Group, and Yadav Enterprises, in a $620 million all-cash transaction. This acquisition, which values Denny’s at a 52.1% premium over its closing stock price, will result in Denny’s becoming a privately held company, ceasing its public trading. The transaction is expected to close in the first quarter of 2026, subject to customary conditions and stockholder approval, and is seen as a strategic move to maximize shareholder value and support Denny’s long-term growth plans.

The most recent analyst rating on (DENN) stock is a Hold with a $6.00 price target. To see the full list of analyst forecasts on Denny’s stock, see the DENN Stock Forecast page.

Spark’s Take on DENN Stock

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

Denny’s overall stock score is primarily impacted by its financial performance, which shows significant leverage and cash flow challenges. Technical analysis indicates bearish trends, adding to the cautious outlook. While valuation is reasonable, the lack of a dividend yield and mixed earnings call sentiment further weigh on the score.

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

More about Denny’s

Denny’s Corporation is one of America’s largest full-service restaurant brands, operating 1,558 restaurants as of June 25, 2025, including the Denny’s and Keke’s brands. The company operates both franchised and company-owned restaurants, with a significant presence in the global dining industry.

Average Trading Volume: 846,944

Technical Sentiment Signal: Strong Sell

Current Market Cap: $211.7M

For detailed information about DENN stock, go to TipRanks’ Stock Analysis page.