Sidoti Comments on Daktronics’ FY2027 Earnings (NASDAQ:DAKT)

Daktronics, Inc. (NASDAQ:DAKT) – Equities research analysts at Sidoti upped their FY2027 earnings per share (EPS) estimates for Daktronics in a note issued to investors on Thursday, March 5th. Sidoti analyst A. Soderstrom now anticipates that the technology company will earn $1.27 per share for the year, up from their previous estimate of $1.25. The consensus estimate for Daktronics’ current full-year earnings is $0.96 per share. Sidoti also issued estimates for Daktronics’ Q1 2028 earnings at $0.44 EPS, Q2 2028 earnings at $0.47 EPS, Q3 2028 earnings at $0.25 EPS and FY2028 earnings at $1.55 EPS.

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

Other equities analysts have also issued research reports about the company. Zacks Research lowered Daktronics from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, February 18th. Weiss Ratings restated a “hold (c)” rating on shares of Daktronics in a report on Monday, December 29th. Two equities research analysts have rated the stock with a Hold rating, According to data from MarketBeat, Daktronics currently has an average rating of “Hold”.

Daktronics Stock Down 4.5%

Shares of Daktronics stock opened at $21.95 on Friday. The stock’s fifty day moving average is $23.43 and its 200-day moving average is $20.68. The firm has a market capitalization of $1.06 billion, a PE ratio of 39.91, a price-to-earnings-growth ratio of 0.67 and a beta of 1.70. The company has a quick ratio of 1.71, a current ratio of 2.22 and a debt-to-equity ratio of 0.19. Daktronics has a 12-month low of $10.92 and a 12-month high of $28.27.

Institutional Trading of Daktronics

A number of hedge funds have recently made changes to their positions in DAKT. Duquesne Family Office LLC grew its position in Daktronics by 0.3% during the second quarter. Duquesne Family Office LLC now owns 3,076,224 shares of the technology company’s stock valued at $46,513,000 after purchasing an additional 8,599 shares in the last quarter. Progeny 3 Inc. increased its stake in Daktronics by 3.6% in the 3rd quarter. Progeny 3 Inc. now owns 2,746,408 shares of the technology company’s stock valued at $57,455,000 after buying an additional 96,371 shares during the period. American Century Companies Inc. lifted its position in Daktronics by 2.8% in the 3rd quarter. American Century Companies Inc. now owns 1,664,668 shares of the technology company’s stock worth $34,825,000 after buying an additional 44,731 shares in the last quarter. Bank of New York Mellon Corp lifted its position in Daktronics by 0.6% in the 2nd quarter. Bank of New York Mellon Corp now owns 1,352,441 shares of the technology company’s stock worth $20,449,000 after buying an additional 7,999 shares in the last quarter. Finally, Breach Inlet Capital Management LLC boosted its stake in shares of Daktronics by 32.8% during the 4th quarter. Breach Inlet Capital Management LLC now owns 1,272,552 shares of the technology company’s stock valued at $25,158,000 after buying an additional 314,133 shares during the period. 61.69% of the stock is owned by hedge funds and other institutional investors.

More Daktronics News

Here are the key news stories impacting Daktronics this week:

• Positive Sentiment: Sidoti raised its forward earnings outlook considerably (FY2028 $1.55 EPS, FY2027 $1.27 EPS and quarterly 2028 estimates), suggesting stronger profit trajectory than consensus — a potential positive catalyst for future valuation. Sidoti estimates
• Positive Sentiment: Company commentary and analyst coverage highlight a sizeable $342M backlog and a robust live-events pipeline that point to revenue momentum into Q4 and FY27. That supports the upgraded forward EPS views. Backlog / revenue momentum
• Neutral Sentiment: Multiple published transcripts and the earnings presentation are available for investor review — useful for assessing management’s guidance, margin outlook and backlog conversion timing but not an immediate price driver by itself. Earnings call transcript
• Neutral Sentiment: Short-interest data in reports appears inconsistent/erroneous (0 shares / NaN changes) and should be treated cautiously; it provides no clear signal on current positioning.
• Negative Sentiment: Q3 results materially missed EPS expectations (reported ≈ $0.06 vs. ~$0.18 expected), triggering an immediate negative market reaction and raising near-term profit-growth concerns. Earnings miss / gap down
• Negative Sentiment: Analyst caution and at least one downgrade note warn that the recent rally may be overextended and advise caution—adding selling pressure after the earnings surprise. Downgrade / caution

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.