Duos Technologies Group (NASDAQ:DUOT – Get Free Report) had its price objective upped by equities researchers at Cantor Fitzgerald from $26.00 to $27.00 in a research report issued to clients and investors on Tuesday, MarketBeat Ratings reports. The firm presently has an “overweight” rating on the stock. Cantor Fitzgerald’s target price indicates a potential upside of 162.65% from the company’s current price.
Other analysts have also recently issued reports about the stock. Weiss Ratings reiterated a “sell (d-)” rating on shares of Duos Technologies Group in a research note on Friday, July 17th. Wall Street Zen lowered shares of Duos Technologies Group from a “hold” rating to a “sell” rating in a research note on Saturday, August 8th. Ascendiant Capital Markets lifted their price objective on shares of Duos Technologies Group from $17.00 to $22.00 and gave the stock a “buy” rating in a research note on Monday, June 15th. Finally, Zacks Research raised shares of Duos Technologies Group from a “strong sell” rating to a “hold” rating in a report on Monday, June 15th. Two analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $24.50.
Check Out Our Latest Stock Report on Duos Technologies Group
Duos Technologies Group Price Performance
Duos Technologies Group (NASDAQ:DUOT – Get Free Report) last issued its quarterly earnings results on Friday, May 15th. The company reported ($0.15) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.03) by ($0.12). Duos Technologies Group had a negative return on equity of 21.46% and a negative net margin of 45.36%.The business had revenue of $2.72 million for the quarter, compared to analysts’ expectations of $9.60 million. On average, analysts expect that Duos Technologies Group will post 0.04 EPS for the current year.
Institutional Trading of Duos Technologies Group
Several large investors have recently made changes to their positions in the business. Legal & General Group Plc acquired a new stake in shares of Duos Technologies Group in the second quarter worth $31,000. Tucker Asset Management LLC acquired a new position in Duos Technologies Group during the fourth quarter valued at $42,000. Huntleigh Advisors Inc. lifted its position in Duos Technologies Group by 5.9% during the fourth quarter. Huntleigh Advisors Inc. now owns 101,770 shares of the company’s stock valued at $1,145,000 after purchasing an additional 5,703 shares during the period. Marshall Wace LLP boosted its holdings in Duos Technologies Group by 26.9% in the fourth quarter. Marshall Wace LLP now owns 37,633 shares of the company’s stock valued at $423,000 after purchasing an additional 7,979 shares during the last quarter. Finally, XTX Topco Ltd boosted its holdings in Duos Technologies Group by 46.7% in the fourth quarter. XTX Topco Ltd now owns 32,313 shares of the company’s stock valued at $364,000 after purchasing an additional 10,289 shares during the last quarter. 42.61% of the stock is owned by hedge funds and other institutional investors.
Key Stories Impacting Duos Technologies Group
Here are the key news stories impacting Duos Technologies Group this week:
- Positive Sentiment: Large hosting agreements: Duos signed five-year hosting agreements with Axe Compute covering 55 megawatts of capacity and valued at more than $500 million. The contracts represent a significant increase in expected long-term revenue and support Duos’ strategy of operating high-density AI infrastructure. Duos Technologies Signs Five-Year, 55 MW Hosting Agreements with Axe Compute
- Positive Sentiment: Higher growth expectations: Management outlined 2027 revenue of at least $160 million as Axe Compute expands to 55 MW. The forecast indicates a sharp potential step-up from the company’s current revenue base and is a key driver of investor optimism. Duos outlines 2027 revenue of at least $160M
- Positive Sentiment: Q2 progress and funding: Second-quarter revenue rose nearly 30% to approximately $4.9 million, reflecting the initial ramp of AI and data-center deployments. Duos also secured more than $100 million in growth capital and reaffirmed its 2026 targets of deploying 25 MW and generating more than $50 million in revenue. Duos Technologies Reports Second Quarter 2026 Results
- Neutral Sentiment: Quarterly results met estimates: Reported adjusted earnings of $0.66 per share and revenue of $4.90 million matched consensus expectations, providing no major earnings surprise. The company nevertheless continues to report a negative net margin and negative return on equity.
- Negative Sentiment: Filing delay: Duos filed a notification of late filing for its quarterly report. Although the results were subsequently released, delayed filings can raise execution and reporting concerns for investors. Duos Technologies Group Delays Quarterly Filing
Duos Technologies Group Company Profile
Duos Technologies Group, Inc provides advanced non-intrusive security and inspection solutions utilizing motion-based and artificial intelligence technologies. The company’s core offerings include intelligent video analytics, RFID checkpoint systems, and specialized screening devices designed to detect security threats and contraband across transportation, logistics and critical infrastructure environments. Duos integrates proprietary hardware with software to deliver automated inspection and monitoring tools that enhance safety and operational efficiency.
Among its primary products are automated gate-entry systems, railcar inspection portals and portable screening devices that use AI-driven image recognition and sensor fusion to identify objects such as unauthorized materials, pipeline anomalies or vehicle defects.
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