Sidoti Forecasts Daktronics’ FY2026 Earnings (NASDAQ:DAKT)

Daktronics, Inc. (NASDAQ:DAKT) – Analysts at Sidoti dropped their FY2026 earnings estimates for Daktronics in a report issued on Tuesday, April 14th. Sidoti analyst A. Soderstrom now expects that the technology company will post earnings of $0.94 per share for the year, down from their previous forecast of $1.06. The consensus estimate for Daktronics’ current full-year earnings is $0.96 per share. Sidoti also issued estimates for Daktronics’ Q1 2027 earnings at $0.39 EPS, Q4 2027 earnings at $0.34 EPS, Q1 2028 earnings at $0.50 EPS and Q2 2028 earnings at $0.51 EPS.

Daktronics (NASDAQ:DAKT) last released its earnings results on Wednesday, March 4th. The technology company reported $0.09 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.18 by ($0.09). The firm had revenue of $181.87 million during the quarter, compared to analyst estimates of $181.00 million. Daktronics had a net margin of 3.43% and a return on equity of 16.55%.

Several other equities research analysts also recently weighed in on DAKT. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Daktronics in a research note on Monday, December 29th. Zacks Research downgraded shares of Daktronics from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, February 18th. Two equities research analysts have rated the stock with a Hold rating, According to MarketBeat, the stock has an average rating of “Hold”.

Daktronics Price Performance

DAKT stock opened at $19.08 on Wednesday. The firm has a market cap of $921.56 million, a price-to-earnings ratio of 34.69, a PEG ratio of 0.68 and a beta of 1.77. The company has a quick ratio of 1.68, a current ratio of 2.22 and a debt-to-equity ratio of 0.19. Daktronics has a 12-month low of $11.97 and a 12-month high of $28.27. The company’s fifty day simple moving average is $22.73 and its 200 day simple moving average is $20.84.

Institutional Investors Weigh In On Daktronics

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Quarry LP bought a new stake in Daktronics in the third quarter valued at $25,000. Caitong International Asset Management Co. Ltd increased its stake in Daktronics by 22,566.7% in the fourth quarter. Caitong International Asset Management Co. Ltd now owns 1,360 shares of the technology company’s stock valued at $27,000 after purchasing an additional 1,354 shares in the last quarter. State of Alaska Department of Revenue bought a new stake in Daktronics in the third quarter valued at $43,000. Clearstead Advisors LLC bought a new stake in Daktronics in the fourth quarter valued at $57,000. Finally, Northwestern Mutual Wealth Management Co. increased its stake in Daktronics by 204.3% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 3,046 shares of the technology company’s stock valued at $46,000 after purchasing an additional 2,045 shares in the last quarter. 61.69% of the stock is owned by institutional investors.

About Daktronics

Daktronics, Inc (NASDAQ: DAKT) is a leading designer and manufacturer of electronic display systems, video boards, scoreboards and related control systems. Founded in 1968 in Brookings, South Dakota by Al Kurtenbach and Duane Sander, the company has built a reputation for delivering custom visual display solutions to a wide range of markets. Its product portfolio includes large-format LED video displays, programmable message centers, digital billboards, and audio-visual solutions tailored to sports venues, transportation authorities, retail environments and live event producers.

The company’s primary business activities encompass the engineering, fabrication and installation of display systems for customers around the world.