Zacks Research Downgrades Duos Technologies Group (NASDAQ:DUOT) to Strong Sell

Duos Technologies Group (NASDAQ:DUOT) was downgraded by stock analysts at Zacks Research from a “hold” rating to a “strong sell” rating in a research report issued on Wednesday,Zacks.com reports.

A number of other research firms have also recently weighed in on DUOT. Ascendiant Capital Markets increased their price target on Duos Technologies Group from $14.00 to $17.00 and gave the company a “buy” rating in a research note on Friday, April 17th. Weiss Ratings restated a “sell (d-)” rating on shares of Duos Technologies Group in a research note on Monday. Finally, Wall Street Zen upgraded Duos Technologies Group from a “sell” rating to a “hold” rating in a research note on Sunday, April 19th. One investment analyst has rated the stock with a Buy rating and two have assigned a Sell rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Reduce” and an average target price of $17.00.

Duos Technologies Group Trading Down 3.1%

NASDAQ DUOT opened at $8.52 on Wednesday. The company has a market cap of $177.90 million, a PE ratio of -12.35 and a beta of 0.84. Duos Technologies Group has a 12 month low of $5.78 and a 12 month high of $12.17. The stock has a 50 day moving average of $7.76 and a 200-day moving average of $9.03.

Duos Technologies Group (NASDAQ:DUOT) last released its quarterly earnings data on Tuesday, March 31st. The company reported ($0.15) EPS for the quarter, missing the consensus estimate of ($0.01) by ($0.14). The company had revenue of $9.46 million during the quarter, compared to analyst estimates of $8.40 million. Duos Technologies Group had a negative net margin of 36.40% and a negative return on equity of 36.45%. As a group, sell-side analysts predict that Duos Technologies Group will post 0.04 EPS for the current fiscal year.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of DUOT. Mink Brook Asset Management LLC bought a new position in shares of Duos Technologies Group in the third quarter worth $5,756,000. Northern Right Capital Management L.P. bought a new position in shares of Duos Technologies Group in the third quarter worth $5,723,000. Shay Capital LLC increased its position in shares of Duos Technologies Group by 2,646.1% in the third quarter. Shay Capital LLC now owns 411,910 shares of the company’s stock worth $3,032,000 after purchasing an additional 396,910 shares during the period. Vanguard Group Inc. increased its position in shares of Duos Technologies Group by 80.4% in the third quarter. Vanguard Group Inc. now owns 639,797 shares of the company’s stock worth $4,709,000 after purchasing an additional 285,235 shares during the period. Finally, Potomac Capital Management Inc. bought a new position in shares of Duos Technologies Group in the fourth quarter worth $3,085,000. Institutional investors own 42.61% of the company’s stock.

Key Headlines Impacting Duos Technologies Group

Here are the key news stories impacting Duos Technologies Group this week:

• Positive Sentiment: Ascendiant reaffirmed a “Buy” rating and maintained a $17 price target, which supports longer‑term upside expectations for DUOT. Article Title
• Positive Sentiment: Analyst E. Woo projects a stronger FY2027 for Duos—FY2027 EPS is now forecast at $0.25—signaling expected recovery/growth beyond the current fiscal year. Article Title
• Neutral Sentiment: Ascendiant published detailed quarterly paths for FY2026–FY2027 (small, varying quarterly EPS: Q3–Q4 2026 and Q1–Q4 2027 estimates), giving investors a clearer cadence for expected earnings recovery. These guideposts reduce uncertainty but depend on execution. Article Title
• Negative Sentiment: Ascendiant sharply cut its FY2026 EPS estimate from $0.12 to $0.04 and trimmed several near‑term quarterly forecasts (notably Q3 and Q4 2026), signaling weaker near‑term profitability than previously modeled — a clear near‑term negative for the stock. Article Title
• Negative Sentiment: These analyst downgrades follow the company’s recent quarterly report that missed EPS expectations (reported loss vs. small consensus loss) — reinforcing investor concern about immediate earnings traction. Article Title

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.