Stifel has reiterated its Buy recommendation on Lucky Strike Entertainment (NYSE: LUCK) and kept its price target at $13.00, citing accelerating momentum within the company’s core business lines. The firm pointed to several operational initiatives it views as value-accretive, including targeted investments in food and beverage operations, continued conversions of Lucky Strike venues, and contributions from recently acquired water park assets.
According to Stifel, these initiatives should support management’s ability to reaffirm guidance for the fiscal year ending 2026. The firm nevertheless classified Lucky Strike as a "show me story," signaling that some investors are likely to remain cautious until the company can produce multiple consecutive quarters of year-over-year same-store sales growth. That hesitation reflects a demand for consistent, repeatable comp growth before the market fully rewards the stock.
Stifel further said the current valuation appears to properly factor in that uncertainty and suggested that investors who are patient and comfortable with volatility consider accumulating shares. The analyst’s $13.00 target equates to 10.5 times Stifel’s fiscal 2027 EBITDA estimate for Lucky Strike Entertainment.
Recent corporate results and other analyst moves provide additional context. Lucky Strike reported first-quarter results for fiscal 2026 that beat revenue expectations, with reported revenue of $292.28 million versus a consensus forecast of $282.38 million - a 3.51% positive surprise. Following those results, Truist Securities raised its price target on Lucky Strike to $12.00 from $11.00 and maintained a Buy rating, citing anticipated positive growth factors for 2026, including plans for two new locations and expanded food and beverage offerings.
Jefferies also reiterated its Buy recommendation and kept a $18.00 price target, noting solid foot traffic trends observed in November even though growth was slowing. Despite these favorable analyst notes and the revenue beat, the stock moved lower in aftermarket trading, a reaction that the article describes as reflecting mixed investor sentiment.
Overall, the combination of reiterated Buy ratings, upward price-target movement from Truist, and Stifel’s emphasis on operational investments frames a cautiously optimistic view among analysts. At the same time, persistent investor caution tied to the need for sustained same-store sales growth and signs of decelerating foot traffic temper immediate confidence in the equity.