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Investing.com - Stifel raised its price target on Lucky Strike Entertainment (NYSE:LUCK) to $13.00 from $12.00 while maintaining a Buy rating on the stock. Currently trading at $10.51, the company has a market capitalization of $1.48 billion and carries a consensus Buy rating among analysts, according to InvestingPro data.
The firm noted that Lucky Strike’s fourth-quarter same-store sales were down in the mid-single-digit percentage range, but monthly comparisons improved sequentially throughout the quarter and into the first quarter of fiscal 2026. While the company generated $304.94 million in EBITDA, InvestingPro analysis shows it remains unprofitable over the last twelve months.
Stifel highlighted that Lucky Strike has accelerating momentum in its core business through high-return food and beverage investments, Lucky Strike conversions, and ramping water park acquisitions that should position the company to exceed its initial guidance.
The research firm’s new price target represents 10.5 times its fiscal 2027 EBITDA estimate for the company, reflecting confidence in Lucky Strike’s potential for accelerated EBITDA and free cash flow growth in fiscal 2027.
Despite anticipating continued volatility until Lucky Strike demonstrates multiple quarters of same-store sales growth, Stifel believes the company’s positive quarterly results and guidance should have driven shares higher, though questions about a mixed shelf filing may have overshadowed these developments.
In other recent news, Lucky Strike Entertainment reported its fourth-quarter 2025 earnings, with revenue surpassing expectations at $301.2 million compared to the projected $292.61 million, marking a 2.94% positive surprise. However, the company experienced a slight earnings per share miss, posting an actual EPS of -$0.095 against the forecasted -$0.09. Jefferies reiterated a Buy rating for Lucky Strike Entertainment, citing the company’s revenue and EBITDA performance, supported by Season Pass momentum and strategic acquisitions. Oppenheimer also maintained an Outperform rating, noting sequential improvement in same-store sales throughout the fourth quarter. These developments reflect continued positive trends for the company, despite the overall weaker same-store sales during the period. The stock price targets set by Jefferies and Oppenheimer are $18.00 and $15.00, respectively.
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