Sidoti Has Negative Estimate for Daktronics FY2026 Earnings

Daktronics, Inc. (NASDAQ:DAKT) – Equities research analysts at Sidoti dropped their FY2026 earnings estimates for Daktronics in a research report issued on Thursday, March 5th. Sidoti analyst A. Soderstrom now forecasts that the technology company will post earnings of $1.06 per share for the year, down from their prior 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.

DAKT has been the topic of several other research reports. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Daktronics in a research report on Monday, December 29th. Zacks Research lowered Daktronics from a “strong-buy” rating to a “hold” rating in a report on Wednesday, February 18th. Two analysts have rated the stock with a Hold rating, According to MarketBeat, Daktronics currently has an average rating of “Hold”.

Daktronics Price Performance

DAKT opened at $21.50 on Monday. The company has a 50-day moving average of $23.50 and a 200-day moving average of $20.81. The company has a market capitalization of $1.04 billion, a P/E ratio of 39.09, a PEG ratio of 0.66 and a beta of 1.70. Daktronics has a 1-year low of $10.92 and a 1-year high of $28.27. The company has a debt-to-equity ratio of 0.19, a quick ratio of 1.68 and a current ratio of 2.22.

Daktronics (NASDAQ:DAKT) last posted its quarterly earnings data on Wednesday, March 4th. The technology company reported $0.09 EPS for the quarter, missing analysts’ consensus estimates 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 net margin of 3.43% and a return on equity of 16.55%.

Institutional Trading of Daktronics

A number of institutional investors and hedge funds have recently modified their holdings of DAKT. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in Daktronics by 6.5% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 24,210 shares of the technology company’s stock worth $295,000 after acquiring an additional 1,476 shares during the last quarter. Empowered Funds LLC grew its holdings in shares of Daktronics by 2.1% during the first quarter. Empowered Funds LLC now owns 242,535 shares of the technology company’s stock valued at $2,954,000 after purchasing an additional 4,926 shares during the last quarter. Atria Investments Inc raised its position in shares of Daktronics by 19.5% during the 2nd quarter. Atria Investments Inc now owns 18,700 shares of the technology company’s stock worth $283,000 after purchasing an additional 3,057 shares during the period. Bank of New York Mellon Corp raised its position in shares of Daktronics by 0.6% during 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 purchasing an additional 7,999 shares during the period. Finally, Campbell & CO Investment Adviser LLC lifted its holdings in shares of Daktronics by 190.4% in the 2nd quarter. Campbell & CO Investment Adviser LLC now owns 32,132 shares of the technology company’s stock worth $486,000 after purchasing an additional 21,069 shares during the last quarter. 61.69% of the stock is owned by institutional investors and hedge funds.

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.