The Daktronics Inc (DAKT) share price is expected to decrease by 12.82% over the next year. This is based on calculating the average 12-month share price estimate provided by 0 stock analysts who have covered DAKT. Price targets range from $17 at the low end to $17 at the high end. The current analyst consensus for DAKT is a sell. Please note analyst price targets are not guaranteed and could be missed completely.
About 0 Wall Street analysts have assignedDAKT 0 buy ratings, 0 hold ratings, and 0 sell ratings. This means that analysts expect Daktronics Inc to sell. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on DAKT. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.
These are the latest 20 analyst ratings of DAKT.
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
---|---|---|---|---|
Lisa Springer Singular Research | Buy | $10 | Maintains | Sep 21, 2018 |
Singular Research | Buy | Initiates | Dec 19, 2016 | |
Needham | Buy | Upgrade | Sep 23, 2015 | |
Dougherty & Co. | Buy | $13.5 | Maintains | Feb 23, 2012 |
Dougherty | Buy | Maintains | Feb 23, 2012 |
When did it IPO
1994
Staff Count
2,520
Country
United States
Sector/Industry
Technology/Electronic Components
CEO
Mr. Reece A. Kurtenbach
Market Cap
$916.2M
In 2023, DAKT generated $754.2M in revenue, which was a increase of 23.44% from the previous year. This can be seen as a signal that DAKT's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Summary - Daktronics shares surged 21.3% after a strong earnings report, later stabilizing at a 14.1% gain by 1:35 p.m. on Wednesday.
Why It Matters - Daktronics' strong earnings report indicates robust financial performance, potentially attracting more investors and increasing stock value, signaling market confidence.
Summary - Daktronics, Inc. (NASDAQ:DAKT) will hold its Q2 2024 earnings conference call on December 4, 2024, at 11:00 AM ET, featuring key company executives.
Why It Matters - Daktronics' Q2 earnings call provides key insights into financial performance and future guidance, influencing stock valuation and investor sentiment.
Summary - Daktronics, Inc. (NASDAQ: DAKT) reported its fiscal 2025 Q2 results for the period ending October 26, 2024. Further details on performance were not provided in the excerpt.
Why It Matters - Daktronics' fiscal Q2 results can influence stock performance and investor sentiment, signaling company growth, profitability, or potential risks in the dynamic display market.
Summary - Daktronics (DAKT) reported quarterly earnings of $0.08 per share, below the Zacks Consensus Estimate of $0.17 and down from $0.28 per share a year prior.
Why It Matters - Daktronics' earnings miss signals declining profitability and potential challenges in growth, impacting investor confidence and stock performance.
Summary - Daktronics, Inc. (Nasdaq: DAKT) will present at The Benchmark Company's 13th Annual Discovery One-on-One Investor Conference on December 11, 2024, featuring CEO Reece Kurtenbach and CFO Sheila Anderson.
Why It Matters - Daktronics' participation in a prominent investor conference signals potential growth opportunities and investor interest, which may influence stock performance and market perception.
Summary - Daktronics shares rose nearly 20% post-Q2 earnings. Despite strong sales, order growth fell short, and margins were impacted by one-time costs. Future growth is modest, but margin improvement is expected with digital offerings.
Why It Matters - Daktronics' share surge signals positive market sentiment despite weak order growth and margin pressure, highlighting potential for future profitability with digital product expansion.