Sidoti Comments on Daktronics’ FY2026 Earnings (NASDAQ:DAKT)

Daktronics, Inc. (NASDAQ:DAKT) – Sidoti dropped their FY2026 earnings per share estimates for shares of Daktronics in a research report issued to clients and investors on Thursday, March 5th. Sidoti analyst A. Soderstrom now forecasts that the technology company will post earnings per share of $1.06 for the year, down from their previous estimate of $1.14. The consensus estimate for Daktronics’ current full-year earnings is $0.96 per share. Sidoti also issued estimates for Daktronics’ Q4 2026 earnings at $0.28 EPS, Q3 2027 earnings at $0.19 EPS and Q4 2027 earnings at $0.32 EPS.

Daktronics (NASDAQ:DAKT) last issued 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). Daktronics had a return on equity of 16.55% and a net margin of 3.43%.The company had revenue of $181.87 million for the quarter, compared to analysts’ expectations of $181.00 million.

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

Daktronics Trading Down 4.5%

NASDAQ DAKT opened at $21.95 on Monday. The firm’s fifty day moving average price is $23.43 and its 200 day moving average price is $20.74. Daktronics has a 12 month low of $10.92 and a 12 month high of $28.27. The company has a debt-to-equity ratio of 0.19, a current ratio of 2.22 and a quick ratio of 1.68. The company has a market capitalization of $1.06 billion, a price-to-earnings ratio of 39.91, a price-to-earnings-growth ratio of 0.69 and a beta of 1.70.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the stock. American Century Companies Inc. lifted its holdings in shares of Daktronics by 7.0% during the second quarter. American Century Companies Inc. now owns 1,619,937 shares of the technology company’s stock worth $24,493,000 after purchasing an additional 105,313 shares during the period. CSM Advisors LLC purchased a new position in Daktronics in the 2nd quarter valued at $6,242,000. Versor Investments LP acquired a new position in Daktronics in the 3rd quarter valued at $808,000. Campbell & CO Investment Adviser LLC increased its stake in Daktronics by 190.4% in the 2nd quarter. Campbell & CO Investment Adviser LLC now owns 32,132 shares of the technology company’s stock valued at $486,000 after buying an additional 21,069 shares during the period. Finally, SG Americas Securities LLC raised its position in Daktronics by 366.7% during the 3rd quarter. SG Americas Securities LLC now owns 97,923 shares of the technology company’s stock worth $2,049,000 after buying an additional 76,940 shares during the last quarter. 61.69% of the stock is currently owned by hedge funds and other institutional investors.

Key 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

Daktronics Company Profile

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.