Duos Technologies Group (NASDAQ:DUOT) Stock Price Expected to Rise, Ascendiant Capital Markets Analyst Says

Duos Technologies Group (NASDAQ:DUOT – Get Free Report) had its price target lifted by equities research analysts at Ascendiant Capital Markets from $17.00 to $22.00 in a research note issued on Monday,Benzinga reports. The firm currently has a “buy” rating on the stock. Ascendiant Capital Markets’ target price indicates a potential upside of 88.36% from the company’s previous close.

Several other equities research analysts have also recently issued reports on the stock. Zacks Research cut shares of Duos Technologies Group from a “hold” rating to a “strong sell” rating in a research report on Wednesday, April 22nd. Wall Street Zen downgraded shares of Duos Technologies Group from a “hold” rating to a “sell” rating in a research note on Saturday, May 23rd. Finally, Weiss Ratings reiterated a “sell (d-)” rating on shares of Duos Technologies Group in a report on Monday, April 20th. One equities research analyst has rated the stock with a Buy rating and two have issued a Sell rating to the company’s stock. According to MarketBeat, the company has an average rating of “Reduce” and a consensus target price of $22.00.

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Duos Technologies Group Stock Performance

NASDAQ:DUOT opened at $11.68 on Monday. The company has a market cap of $342.46 million, a price-to-earnings ratio of -17.70 and a beta of 1.21. Duos Technologies Group has a twelve month low of $5.78 and a twelve month high of $15.28. The stock has a fifty day simple moving average of $9.74 and a 200-day simple moving average of $9.42.

Duos Technologies Group (NASDAQ:DUOT – Get Free Report) last posted its quarterly earnings results on Friday, May 15th. The company reported ($0.15) EPS for the quarter, missing analysts’ consensus estimates of ($0.03) by ($0.12). The company had revenue of $2.72 million during the quarter, compared to the consensus estimate of $9.60 million. Duos Technologies Group had a negative return on equity of 21.46% and a negative net margin of 45.36%. As a group, equities research analysts predict that Duos Technologies Group will post 0.04 EPS for the current fiscal year.

Institutional Trading of Duos Technologies Group

A number of institutional investors have recently modified their holdings of DUOT. Tucker Asset Management LLC purchased a new position in shares of Duos Technologies Group in the 4th quarter worth approximately $42,000. C2C Wealth Management LLC purchased a new stake in Duos Technologies Group during the first quarter valued at approximately $75,000. Squarepoint Ops LLC purchased a new stake in Duos Technologies Group during the fourth quarter valued at approximately $134,000. HRT Financial LP acquired a new stake in Duos Technologies Group in the fourth quarter valued at approximately $170,000. Finally, Osaic Holdings Inc. purchased a new position in Duos Technologies Group in the fourth quarter worth $188,000. 42.61% of the stock is currently owned by institutional investors.

Duos Technologies Group Company Profile

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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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