DUOT Q3 EPS Forecast Decreased by Ascendiant Capital Markets

Duos Technologies Group, Inc. (NASDAQ:DUOT) – Research analysts at Ascendiant Capital Markets decreased their Q3 2026 earnings per share (EPS) estimates for shares of Duos Technologies Group in a note issued to investors on Thursday, April 16th. Ascendiant Capital Markets analyst E. Woo now anticipates that the company will post earnings of $0.01 per share for the quarter, down from their prior forecast of $0.06. Ascendiant Capital Markets currently has a “Buy” rating and a $17.00 price objective on the stock. The consensus estimate for Duos Technologies Group’s current full-year earnings is $0.12 per share. Ascendiant Capital Markets also issued estimates for Duos Technologies Group’s Q4 2026 earnings at $0.07 EPS, Q1 2027 earnings at $0.01 EPS, Q2 2027 earnings at $0.02 EPS, Q3 2027 earnings at $0.06 EPS, Q4 2027 earnings at $0.16 EPS and FY2027 earnings at $0.25 EPS.

A number of other brokerages also recently issued reports on DUOT. Weiss Ratings reiterated a “sell (d-)” rating on shares of Duos Technologies Group in a research note on Monday. Wall Street Zen upgraded Duos Technologies Group from a “sell” rating to a “hold” rating in a research note on Sunday. One analyst has rated the stock with a Buy rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $17.00.

Duos Technologies Group Stock Up 2.1%

Duos Technologies Group stock opened at $8.79 on Wednesday. The business has a 50-day simple moving average of $7.76 and a two-hundred day simple moving average of $9.04. The company has a market cap of $183.54 million, a P/E ratio of -12.74 and a beta of 0.84. Duos Technologies Group has a 52-week low of $5.78 and a 52-week high of $12.17.

Duos Technologies Group (NASDAQ:DUOT) last released its quarterly earnings results on Tuesday, March 31st. The company reported ($0.15) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.01) by ($0.14). The firm had revenue of $9.46 million for the quarter, compared to the consensus estimate of $8.40 million. Duos Technologies Group had a negative net margin of 36.40% and a negative return on equity of 36.45%.

Institutional Trading of Duos Technologies Group

Hedge funds have recently modified their holdings of the company. Northern Right Capital Management L.P. purchased a new stake in shares of Duos Technologies Group during the 3rd quarter worth approximately $5,723,000. Mink Brook Asset Management LLC purchased a new stake in shares of Duos Technologies Group during the 3rd quarter worth approximately $5,756,000. Evernest Financial Advisors LLC purchased a new stake in shares of Duos Technologies Group during the 3rd quarter worth approximately $657,000. Cantor Fitzgerald L. P. purchased a new stake in shares of Duos Technologies Group during the 3rd quarter worth approximately $736,000. Finally, Zuckerman Investment Group LLC purchased a new stake in shares of Duos Technologies Group during the 3rd quarter worth approximately $132,000. 42.61% of the stock is owned by hedge funds and other institutional investors.

About Duos Technologies Group

Duos Technologies Group, Inc provides advanced non-intrusive security and inspection solutions utilizing motion-based and artificial intelligence technologies. The company’s core offerings include intelligent video analytics, RFID checkpoint systems, and specialized screening devices designed to detect security threats and contraband across transportation, logistics and critical infrastructure environments. Duos integrates proprietary hardware with software to deliver automated inspection and monitoring tools that enhance safety and operational efficiency.

Among its primary products are automated gate-entry systems, railcar inspection portals and portable screening devices that use AI-driven image recognition and sensor fusion to identify objects such as unauthorized materials, pipeline anomalies or vehicle defects.