Back

Bullish Case: PLAY's bullish case pivots on consistent YOY earnings growth, strong post-earnings stock performance, and expansion activities that show promising initial returns. Given the broad positive analyst sentiments and financial resilience, the market's upward trajectory seems plausible.


Bearish Case: Despite bullish attempts, PLAY struggles with high implied volatility, recent underperformance against earnings expectations, and a bearish market that amidst economic uncertainties could catalyze a significant pullback in stock price.


Potential Outcomes:

1) Continued expansion success - 35%.

2) Sustained earnings disappointment reverses gains - 40%.

3) Strong market alignment drives up stock - 25%. Outcomes underscore varied sentiment's influence on PLAY's future.


Trading Oracle: Sign Up to access trading oracle trade ideas.


April 20, 2024


Dave & Buster's Entertainment Forecast

PLAY        Dave & Buster's Entertainment
Price Forecast: NEUTRAL    Price Action: TRENDING (?)











Correlated Stock Forecasts

Assets that tend to move strongly with PLAY



XRT Forecast + Options Trading Strategies   XRT  SPDR Retail (0.96)


XLI Forecast + Options Trading Strategies   XLI  Industrial Select Sector SPDR (0.96)


MAS Forecast + Options Trading Strategies   MAS  Masco (0.95)


IWR Forecast + Options Trading Strategies   IWR  BlackRock Institutional Trust Company N.A. - iShares Russell Mid-Cap (0.95)


RSP Forecast + Options Trading Strategies   RSP  Invesco S&P 500 Equal Weight (0.95)



Uncorrelated Stock Forecasts

Assets with little price relationship to PLAY



LNG Forecast + Options Trading Strategies   LNG  Cheniere Energy (0.0)


SAFE Forecast + Options Trading Strategies   SAFE  Safehold (-0.0)


LVS Forecast + Options Trading Strategies   LVS  Las Vegas Sands (-0.0)


EOG Forecast + Options Trading Strategies   EOG  EOG Resources (-0.0)


UVIX Forecast + Options Trading Strategies   UVIX  VS Trust - 2x Long VIX Futures (-0.01)



Anticorrelated Stock Forecasts

Assets that tend to move strongly against PLAY



DXD Forecast + Options Trading Strategies   DXD  ProShares UltraShort Dow30 (-0.93)


SDOW Forecast + Options Trading Strategies   SDOW  ProShares UltraPro Short Dow30 (-0.93)


RWM Forecast + Options Trading Strategies   RWM  ProShares Trust - ProShares Short Russell2000 (-0.94)


TZA Forecast + Options Trading Strategies   TZA  Direxion Daily Small Cap Bear 3X Shares (-0.95)


SRTY Forecast + Options Trading Strategies   SRTY  ProShares UltraPro Short Russell2000 (-0.95)





Become a more profitable investor with AI optimized trading strategies






×

Chat with PLAY


 Ask any question about PLAY!