Sidoti Issues Pessimistic Forecast for Daktronics Earnings

Daktronics, Inc. (NASDAQ:DAKT) – Stock analysts at Sidoti dropped their Q4 2026 EPS estimates for Daktronics in a note issued to investors on Tuesday, April 14th. Sidoti analyst A. Soderstrom now forecasts that the technology company will post earnings per share of $0.16 for the quarter, down from their previous estimate of $0.28. The consensus estimate for Daktronics’ current full-year earnings is $0.96 per share. Sidoti also issued estimates for Daktronics’ Q3 2027 earnings at $0.06 EPS, FY2027 earnings at $1.20 EPS and Q3 2028 earnings at $0.11 EPS.

Several other analysts have also issued reports on DAKT. Weiss Ratings reiterated a “hold (c)” rating on shares of Daktronics in a research report on Monday, December 29th. Zacks Research lowered shares of 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, According to MarketBeat, the company has a consensus rating of “Hold”.

Daktronics Stock Down 0.8%

DAKT stock opened at $19.08 on Thursday. The firm has a market cap of $921.56 million, a PE ratio of 34.69, a P/E/G ratio of 0.68 and a beta of 1.77. The company has a debt-to-equity ratio of 0.19, a quick ratio of 1.68 and a current ratio of 2.22. The firm’s fifty day moving average is $22.73 and its 200 day moving average is $20.84. Daktronics has a one year low of $11.97 and a one year high of $28.27.

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

Institutional Trading of Daktronics

Several institutional investors have recently modified their holdings of the stock. Duquesne Family Office LLC grew its position in shares of Daktronics by 0.3% in 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 during the period. Progeny 3 Inc. lifted its stake in shares of Daktronics by 3.6% in the third quarter. Progeny 3 Inc. now owns 2,746,408 shares of the technology company’s stock worth $57,455,000 after buying an additional 96,371 shares in the last quarter. American Century Companies Inc. lifted its stake in shares of Daktronics by 2.8% in the third 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. Breach Inlet Capital Management LLC lifted its stake in shares of Daktronics by 32.8% in the fourth quarter. Breach Inlet Capital Management LLC now owns 1,272,552 shares of the technology company’s stock worth $25,158,000 after buying an additional 314,133 shares in the last quarter. Finally, Renaissance Technologies LLC lifted its stake in shares of Daktronics by 28.9% in the fourth quarter. Renaissance Technologies LLC now owns 727,461 shares of the technology company’s stock worth $14,382,000 after buying an additional 163,048 shares in the last quarter. Institutional investors and hedge funds own 61.69% of the company’s stock.

Key Daktronics News

Here are the key news stories impacting Daktronics this week:

• Positive Sentiment: Sidoti raised Q1 2027 EPS to $0.39 from $0.36, signaling slightly stronger expected early?2027 momentum. Sidoti raises Q1 2027 estimate
• Positive Sentiment: Sidoti raised Q1 2028 EPS to $0.50 (from $0.44) and Q2 2028 EPS to $0.51 (from $0.47), improving medium?term growth visibility. Sidoti raises early?2028 estimates
• Positive Sentiment: Sidoti nudged Q4 2027 EPS higher to $0.34 from $0.32, a modest positive for late?2027 expectations. Sidoti raises Q4 2027 estimate
• Neutral Sentiment: Sidoti published a full set of updated quarterly and annual forecasts (FY2026–FY2028), providing a refreshed model for analysts and investors to re?price the stock. Sidoti publishes full forecast set
• Negative Sentiment: Sidoti cut Q4 2026 EPS to $0.16 from $0.28, reducing expected near?term profitability. Sidoti cuts Q4 2026 estimate
• Negative Sentiment: Sidoti cut Q3 2027 EPS sharply to $0.06 from $0.19, signaling weaker mid?2027 operating prospects. Sidoti cuts Q3 2027 estimate
• Negative Sentiment: Sidoti reduced Q3 2028 to $0.11 (lower near?term cadence into 2028), which trims expected earnings in that quarter. Sidoti cuts Q3 2028 estimate
• Negative Sentiment: Sidoti trimmed FY2026 to $0.94 from $1.06 and lowered FY2027 to $1.20 from $1.27 — full?year revisions that reduce near?term earnings expectations despite remaining above the current consensus of $0.96 for the immediate full year. Sidoti trims FY2026/FY2027

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.