NBIS
Nebius Group N.V.
There isn't enough reported data to score NBIS yet.
PLAY
Dave & Buster's Entertainment, Inc.
PLAY lost money over the past year, so it has no meaningful PE right now. Analysts expect losses to grow, though they disagree widely on how much.
NBIS Fundamentals
| Metric | Status |
|---|---|
| Unavailable | |
| Healthy | |
| Unavailable | |
| Healthy |
NBIS's profitability and balance sheet are currently healthy. There isn't enough data to rate its revenue and cash flow.
PLAY Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Under pressure | |
| Under pressure | |
| Weak |
PLAY's revenue is currently stable, but its profitability, cash flow and balance sheet are under pressure.
NBIS PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 68x | $22.45 | -83% |
| Fair | 114x | $37.67 | -71% |
| Current | 390x | $129 | — |
| Expensive | 666x | $220 | +71% |
Historical ranges are pointers, not guarantees.
NBIS's PE is 390x, but its earnings don't support one, so it isn't a reliable read right now.
PLAY PE Valuation
PLAY has no meaningful PE right now: it lost money over the past year.
NBIS Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Losses steady | |
| Strong growth | |
| Strongly improving | |
| Limited | |
| Low |
NBIS has the edge over PLAY on the outlook, with more favorable earnings and revenue expectations.
PLAY Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Losses growing | |
| Stable | |
| Strongly weakening | |
| Limited | |
| Low |
Analysts expect PLAY's losses to grow, with revenue holding steady. However, they disagree widely on these estimates.
NBIS Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q4 2025 | $0.33 | +$2.61 |
| Q4 2024 | -$2.28 | -456% |
| Q4 2023 | $0.64 | -36% |
| Q4 2022 | $1.00 | +$1.49 |
| Q4 2021 | -$0.49 | -156% |
| Q4 2020 | $0.87 | +89% |
| Q4 2019 | $0.46 | -73% |
| Q4 2018 | $1.71 | +434% |
NBIS has the edge over PLAY in the latest year-over-year earnings comparison.
PLAY Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q3 2026 | -$2.54 | -705% |
| Q2 2026 | -$1.86 | -271% |
| Q1 2026 | -$1.40 | -196% |
| Q4 2025 | $0.04 | -98% |
| Q3 2025 | $0.42 | -85% |
| Q2 2025 | $1.09 | -55% |
| Q1 2025 | $1.46 | -49% |
| Q4 2024 | $2.09 | -24% |
PLAY has swung to a loss: it lost $2.54 per share over the past year, after a profit the year before.
NBIS Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q4 2023 | $9.7B | +53% |
| Q4 2022 | $6.3B | +46% |
| Q4 2021 | $4.3B | +63% |
| Q4 2020 | $2.6B | +24% |
| Q4 2019 | $2.1B | +37% |
| Q4 2018 | $1.5B | +36% |
| Q4 2017 | $1.1B | +24% |
| Q4 2016 | $917M | +27% |
NBIS's revenue is growing: $530M last quarter, down 80% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q4 2025 | -115% | -112 points |
| Q4 2023 | 3.6% | -11 points |
| Q4 2022 | 2.5% | -14 points |
| Q4 2021 | -3.7% | -18 points |
| Q4 2020 | 7.4% | -9.5 points |
| Q4 2019 | 14% | -2 points |
| Q4 2018 | 16% | -14 points |
| Q4 2017 | 14% | -19 points |
NBIS's operating margin was −115% last quarter, down 123 points from the same quarter a year ago, near the bottom of its range since 2011.
PLAY Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $544.1M | -2.4% |
| Q2 2026 | $559.2M | -1.5% |
| Q1 2026 | $529.6M | -0.9% |
| Q4 2025 | $448.2M | -1.1% |
| Q3 2025 | $557.4M | +0.1% |
| Q2 2025 | $567.7M | -3.5% |
| Q1 2025 | $534.5M | -11% |
| Q4 2024 | $453M | -3% |
PLAY has the edge over NBIS in the latest year-over-year revenue comparison.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 3.6% | -5.9 points |
| Q2 2026 | 8.4% | -2.7 points |
| Q1 2026 | -2.6% | -11 points |
| Q4 2025 | -3.6% | -5 points |
| Q3 2025 | 9.5% | -5.7 points |
| Q2 2025 | 11% | -3.4 points |
| Q1 2025 | 8.3% | -6.7 points |
| Q4 2024 | 1.4% | -2.6 points |
PLAY's operating margin was 3.6% last quarter, down 5.9 points from the same quarter a year ago.
NBIS Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q4 2025 | -$3.7B | -$3.1B |
| Q4 2024 | -$562.1M | -$316.2M |
| Q4 2023 | -$245.9M | -$138.9M |
| Q4 2022 | -$107M | +$319.7M |
| Q4 2021 | -$426.7M | -539% |
| Q4 2020 | $97.3M | -66% |
| Q4 2019 | $287.9M | +$289.2M |
| Q4 2018 | -$1.3M | -101% |
NBIS has burned cash in six of the last eight quarters: −$4.6B over the past year, against −$43M the year before.
PLAY Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$37.9M | +$17.3M |
| Q2 2026 | $8.5M | +$67.3M |
| Q1 2026 | $34M | +$95M |
| Q4 2025 | -$20.6M | +$117.8M |
| Q3 2025 | -$55.2M | -$40.9M |
| Q2 2025 | -$58.8M | -$54.6M |
| Q1 2025 | -$61M | -$35.6M |
| Q4 2024 | -$138.4M | -$135.4M |
PLAY has burned cash in six of the last eight quarters: −$16M over the past year, against −$313M the year before.
NBIS Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -12% | -33.3M shares |
| 1 year | -32% | -115M shares |
| 3 years | -26% | -86.9M shares |
NBIS has the edge over PLAY on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q4 2024 | $10M |
| Q4 2021 | $84.1M |
| Q4 2020 | $122.8M |
| Q4 2019 | $17.2M |
| Q4 2018 | $121.8M |
| Q4 2014 | $101.7M |
| Q4 2013 | $102.9M |
PLAY Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.4% | -130K shares |
| 1 year | -0.9% | -330K shares |
| 3 years | -20% | -8.6M shares |
| 5 years | -29% | -14.4M shares |
| Available history | +10% | +3.3M shares |
PLAY has 35M diluted shares, down 0.9% from a year ago.
| Quarter | Spent |
|---|---|
| Q3 2026 | — |
| Q2 2026 | — |
| Q1 2026 | — |
| Q4 2025 | — |
| Q3 2025 | — |
| Q2 2025 | $23.9M |
| Q1 2025 | $83.9M |
| Q4 2024 | $28M |
PLAY hasn't bought back shares in the past year.
NBIS Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q4 2023 | 0.7x | Very low |
| Q4 2022 | -0.7x | Net Cash |
NBIS's net debt is less than a year of its operating earnings (EBITDA).
PLAY Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 4.5x | High |
| Q2 2026 | 4.2x | High |
| Q1 2026 | 4.1x | High |
| Q4 2025 | 3.9x | Elevated |
| Q3 2025 | 3.7x | Elevated |
| Q2 2025 | 3.6x | Elevated |
| Q1 2025 | 3.2x | Elevated |
| Q4 2024 | 2.9x | Moderate |
PLAY's net debt is about 4.5 years of its operating earnings (EBITDA), up from 3.7 years a year ago.
NBIS Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 38.0 | Neutral |
| Stochastic | 8.3 | Oversold |
NBIS's weekly RSI is 38 (neutral) and its Stochastic is 8 (oversold).
PLAY Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 40.2 | Neutral |
| Stochastic | 29.2 | Neutral |
PLAY's weekly RSI is 40 (neutral) and its Stochastic is 29 (neutral).
NBIS PE vs Communication Services Sector
| Metric | NBIS | Sector median | Relative |
|---|---|---|---|
| PE | 390x | 16x | 2,264% above |
| PE % | 62 | 24 | 38 pts above |
NBIS is trading at 390x earnings, a 2264% premium to the Communication Services sector's median of 16x, though its earnings don't support one.
PLAY PE vs Communication Services Sector
| Metric | PLAY | Sector median | Relative |
|---|---|---|---|
| PE | N/A | 16x | — |
PLAY has no meaningful PE right now: it lost money over the past year.
NBIS Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $179.7 | 28% below |
| 20 week MA | $199.9 | 36% below |
| 50 week MA | $163.5 | 21% below |
| 100 week MA | $110.0 | 17% above |
NBIS has stronger trend alignment. NBIS is above 1 of 4 weekly averages versus PLAY above 1 of 5.
PLAY Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $7.29 | 7.7% above |
| 20 week MA | $8.72 | 10% below |
| 50 week MA | $12.2 | 36% below |
| 100 week MA | $17.6 | 55% below |
| 200 week MA | $29.9 | 74% below |
PLAY has bounced recently, but its long-term trend is still down: it's above its 8-week average, but 74% below its 200-week average.
NBIS Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2024 | $19.6 | $27.3 | +40% |
| 2025 | $27.3 | $87.6 | +221% |
| 2026 YTD | $87.6 | $128.6 | +47% |
NBIS has the edge over PLAY on returns for 2026, with the stronger performance.
PLAY Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $40.7 | $29.6 | -27% |
| 2021 | $29.6 | $39.5 | +33% |
| 2022 | $39.5 | $35.0 | -11% |
| 2023 | $35.0 | $53.9 | +54% |
| 2024 | $53.9 | $29.1 | -46% |
| 2025 | $29.1 | $16.3 | -44% |
| 2026 YTD | $16.3 | $7.85 | -52% |
PLAY has finished lower in four of the last six years. It's down 52% so far in 2026.