Accel Entertainment, Inc. (ACEL) AI Stock Analysis
ACEL AI stock analysis summary
AI ResearchAccel Entertainment, Inc. (ACEL) is a distributed gaming operator that places and manages gaming terminals and amusement devices across non-casino venues in the United States. Over the trailing twelve months, the company generated $1.39B in revenue with a net profit margin of 4.1%. In the latest quarter ended June 30, 2026, revenue increased 9.6% year-over-year while quarterly earnings expanded 87.5%.
- Market cap
- $885.6M
- Revenue (TTM)
- $1.39B
- P/E
- 16.2x fwd 16.1x
- 1Y return
- 4.4% S&P 500 16.8%
- Avg. target
- $15.71 44.4% vs last close
Bull case
- Accel Entertainment demonstrated solid top-line momentum with a 5-year revenue CAGR of 33.3% through FY2025 and 9.6% year-over-year quarterly revenue growth in the quarter ended June 30, 2026.
- Cash flow generation remains steady, with operating cash flow reaching $150.9M and free cash flow reaching $62.0M in FY2025.
- The stock trades at an EV/EBITDA of 6.3x, well below the median of its US-listed Consumer Cyclical peers of 11.1x.
Bear case
- Consensus estimates project FY2026 EPS to decline 18.6% to $0.83 from $1.03 reported in FY2025.
- Total debt stood at $573.3M as of June 30, 2026, leading to a high debt-to-equity ratio of 2.02.
- Shareholder returns have lagged broad markets, with a 5-year return of -10.5% compared to an 83.0% gain for the S&P 500.
What Accel Entertainment does
Accel Entertainment, Inc., headquartered in Burr Ridge, Illinois, operates as a distributed gaming operator across the United States. The company installs, maintains, and manages gaming terminals, redemption devices equipped with ATM functionalities, and amusement devices such as jukeboxes, dartboards, pool tables, and pinball machines. These terminals and devices are placed in authorized non-casino establishments, including restaurants, bars, taverns, convenience stores, liquor stores, truck stops, and grocery stores. In addition to delivering gaming solutions and player support to partner venues, Accel Entertainment operates standalone ATMs across gaming and non-gaming locations to offer cash withdrawal services.
Growth and profitability
Accel Entertainment delivered a 5-year revenue compound annual growth rate of 33.3% from FY2020 to FY2025. Annual revenue expanded from $734.7M in FY2021 to $969.8M in FY2022, $1.17B in FY2023, $1.23B in FY2024, and reached $1.33B in FY2025. Over the same period, net income moved from $31.6M in FY2021 to $74.1M in FY2022, before moderating to $45.6M in FY2023, $35.3M in FY2024, and rebounding to $51.5M in FY2025. Operating margin was 8.2% in FY2025 compared to 9.6% in FY2021. For the trailing twelve months, revenue was $1.39B, with an operating margin of 9.4% and diluted EPS of $0.67. In the quarter ended June 30, 2026, quarterly revenue rose 9.6% year-over-year and quarterly earnings grew 87.5%.
Balance sheet and cash flow
As of June 30, 2026, Accel Entertainment held $255.5M in cash and short-term investments against total debt of $573.3M, yielding net debt of $317.9M. Total assets stood at $1.10B against shareholders' equity of $283.9M, resulting in a debt-to-equity ratio of 2.02 and a current ratio of 2.47. In FY2025, the company generated operating cash flow of $150.9M and free cash flow of $62.0M. Capital expenditures totaled $88.9M in FY2025, while share buybacks absorbed $39.9M, contributing to an 11.9% reduction in share count over 5 years.
Valuation and performance
Accel Entertainment trades at a trailing P/E of 16.2x, below the 18.0x median of its US-listed Consumer Cyclical peers, but its forward P/E of 16.1x sits above the peer median of 14.1x. The enterprise value of $1.22B translates to an EV/EBITDA of 6.3x, compared to the peer median of 11.1x, and price-to-sales is 0.6x against a peer median of 0.7x. Over the past year, ACEL returned 4.4%, lagging the S&P 500 benchmark return of 16.8%. Over a 5-year period, the stock fell 10.5%, trailing the benchmark gain of 83.0%.
What analysts expect
Wall Street coverage includes 4 Strong Buy, 1 Buy, and 2 Hold recommendations, with no Sell or Strong Sell ratings. The mean price target of $15.71 represents 44.4% upside compared to the last close of $10.88 on October 16, 2026. For the fiscal year ending December 31, 2026, consensus estimates project revenue of $1.44B and EPS of $0.83, implying an 18.6% drop in EPS. For the subsequent year, 2 analysts project revenue of $1.50B and EPS of $1.08. Accel Entertainment has beaten EPS estimates in 3 of the last 4 quarters, and its next earnings date is November 3, 2026.
Key risks and what to watch
- Total debt of $573.3M and net debt of $317.9M create financial obligations that could limit flexibility relative to shareholders' equity of $283.9M.
- Net margins remain modest at 4.1% over the trailing twelve months, leaving profitability sensitive to cost shifts.
- The stock is trading 7.2% below its 200-day moving average and remains down 4.6% year-to-date as of October 16, 2026.
AI-generated research summary. Written with AI from Quotelinks data as of October 16, 2026 and checked so every figure matches that data. For information only, not investment advice. Disclaimer
About this ACEL AI stock analysis
This page is an AI-written research summary of Accel Entertainment, Inc. (ACEL). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.
Related: ACEL income statement, ACEL balance sheet, ACEL key metrics, ACEL analyst forecast, ACEL chart. See the ACEL stock overview for the latest quote and news.
ACEL AI stock analysis FAQ
Does Accel Entertainment pay a dividend?
No, Accel Entertainment does not currently pay a dividend. The company directs its capital toward investments such as capital expenditures of $88.9M and share buybacks of $39.9M in FY2025.
What is Accel Entertainment's current valuation?
As of October 16, 2026, Accel Entertainment trades at a market capitalization of $885.6M and an enterprise value of $1.22B. Multiples include a trailing P/E of 16.2x, a forward P/E of 16.1x, and an EV/EBITDA of 6.3x.
What do analysts forecast for ACEL stock?
Analysts hold an average price target of $15.71, which implies 44.4% upside from the closing price of $10.88. For FY2026, consensus expectations project revenue of $1.44B and EPS of $0.83.
When is Accel Entertainment's next earnings report?
Accel Entertainment is scheduled to report its next earnings on November 3, 2026. The company has beaten consensus EPS estimates in 3 of the last 4 quarters.