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Accel Entertainment upgraded to BUY as Chicago gaming terminals may start in August, boosting earnings potential.

Analyst Insights
11 Aug 2026
Seeking Alpha
View Source
Bullish
pluang ai news

Accel Entertainment's stock rating was upgraded from HOLD to BUY due to the potential start of Chicago gaming terminals operations in August, which could significantly increase earnings. The company reported strong Q2 2026 results with revenue up 10% year-over-year to $368 million and adjusted EBITDA rising 11% to $59 million, driven by operational efficiencies and state expansion. The Chicago market represents a $1 billion opportunity, with Accel positioned to capture a 31% share with minimal additional operating costs thanks to existing infrastructure. The company also benefits from above-sector median EBITDA growth, a strong balance sheet, ongoing share buybacks, and attractive valuation multiples.

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