The consensus price target hints at a 26.1% upside potential for Daktronics (DAKT). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
DAKT tops Q2 estimates with strong earnings and revenue growth, boosted by rising orders and a surging product backlog.
Daktronics (DAKT) has delivered a strong turnaround, with sales up 10% y/y and significant backlog and order growth driving investor enthusiasm. DAKT's operating margins improved 180bps to 9.4%, and the International segment surged 64.2%, supporting the company's 2028 transformation plan. Despite operational momentum and a robust balance sheet, DAKT trades at a premium even under optimistic assumptions, leading me to maintain a hold rating.
Daktronics, Inc. (DAKT) Q2 2026 Earnings Call Transcript
Daktronics (DAKT) came out with quarterly earnings of $0.35 per share, beating the Zacks Consensus Estimate of $0.27 per share. This compares to earnings of $0.08 per share a year ago.
DAKT's Q2 results are likely to reflect strong live events demand and margin gains, offset by digital transformation costs.
Investors looking for stocks in the Electronics - Miscellaneous Products sector might want to consider either Daktronics (DAKT) or Rockwell Automation (ROK). But which of these two stocks is more attractive to value investors?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Shares of Daktronics are down sharply in the past month, despite investors initially reacting favorably to Q1 results. This pullback presents an attractive entry point, as business fundamentals with respect to growth and margins remain healthy. The order backlog stood at $360 million, up over 5% sequentially and 35% year-over-year.
Investors with an interest in Electronics - Miscellaneous Products stocks have likely encountered both Daktronics (DAKT) and Rockwell Automation (ROK). But which of these two stocks is more attractive to value investors?
Daktronics (DAKT) could be a solid choice for shorter-term investors looking to capitalize on the recent price trend in fundamentally sound stocks. It is one of the many stocks that passed through our shorter-term trading strategy-based screen.