Daktronics (DAKT) Projected to Post Quarterly Earnings on Wednesday

Daktronics (NASDAQ:DAKT) is projected to issue its Q1 2027 results before the market opens on Wednesday, September 2nd. Analysts expect the company to announce earnings of $0.3467 per share and revenue of $230.2670 million for the quarter. Investors are encouraged to explore the company’s upcoming Q1 2027 earning report for the latest details on the call scheduled for Wednesday, September 2, 2026 at 11:00 AM ET.

Daktronics (NASDAQ:DAKT) last posted its quarterly earnings data on Wednesday, June 24th. The technology company reported $0.27 earnings per share for the quarter, topping the consensus estimate of $0.20 by $0.07. Daktronics had a return on equity of 17.62% and a net margin of 5.41%.The firm had revenue of $208.61 million during the quarter, compared to analyst estimates of $205.27 million. During the same period last year, the company posted ($0.19) EPS. On average, analysts expect Daktronics to post $1 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Daktronics Stock Up 1.2%

Shares of Daktronics stock opened at $19.53 on Tuesday. Daktronics has a one year low of $16.89 and a one year high of $28.27. The company has a debt-to-equity ratio of 0.18, a current ratio of 2.31 and a quick ratio of 1.74. The stock’s 50-day moving average is $19.95 and its 200 day moving average is $20.76. The firm has a market cap of $942.91 million, a price-to-earnings ratio of 21.46, a PEG ratio of 0.64 and a beta of 1.68.

Insider Activity

In other Daktronics news, EVP Bradley T. Wiemann sold 4,000 shares of the stock in a transaction that occurred on Friday, July 17th. The stock was sold at an average price of $19.22, for a total value of $76,880.00. Following the transaction, the executive vice president owned 125,946 shares in the company, valued at approximately $2,420,682.12. This represents a 3.08% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Sheila Mae Anderson sold 3,636 shares of the stock in a transaction that occurred on Wednesday, July 1st. The stock was sold at an average price of $20.01, for a total value of $72,756.36. Following the completion of the transaction, the insider owned 48,371 shares in the company, valued at approximately $967,903.71. The trade was a 6.99% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 4.60% of the company’s stock.

Institutional Investors Weigh In On Daktronics

Several hedge funds and other institutional investors have recently modified their holdings of the company. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its holdings in shares of Daktronics by 0.7% in the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 72,856 shares of the technology company’s stock worth $1,440,000 after purchasing an additional 519 shares in the last quarter. Royal Bank of Canada grew its position in Daktronics by 12.7% in the 4th quarter. Royal Bank of Canada now owns 6,430 shares of the technology company’s stock valued at $127,000 after purchasing an additional 724 shares during the period. Osaic Holdings Inc. increased its stake in Daktronics by 3.2% during the 2nd quarter. Osaic Holdings Inc. now owns 23,638 shares of the technology company’s stock valued at $357,000 after purchasing an additional 728 shares in the last quarter. Verition Fund Management LLC increased its stake in Daktronics by 3.3% during the 3rd quarter. Verition Fund Management LLC now owns 27,983 shares of the technology company’s stock valued at $585,000 after purchasing an additional 898 shares in the last quarter. Finally, Quarry LP acquired a new position in Daktronics during the third quarter worth $25,000. Institutional investors own 61.69% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages have weighed in on DAKT. Roth Capital lifted their target price on Daktronics from $26.00 to $29.00 and gave the stock a “buy” rating in a report on Thursday, July 2nd. Wall Street Zen downgraded shares of Daktronics from a “strong-buy” rating to a “buy” rating in a research report on Saturday, July 4th. Weiss Ratings raised shares of Daktronics from a “hold (c)” rating to a “hold (c+)” rating in a research report on Thursday, June 25th. Finally, Zacks Research upgraded shares of Daktronics from a “strong sell” rating to a “hold” rating in a research note on Monday, June 15th. One research analyst has rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat.com, Daktronics currently has an average rating of “Hold” and an average price target of $29.00.

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.