Daktronics (NASDAQ:DAKT) Releases Earnings Results, Beats Estimates By $0.07 EPS

Posted by Geri Gentry on Jun 25th, 2026

Daktronics (NASDAQ:DAKT – Get Free Report) issued its earnings results on Wednesday. The technology company reported $0.27 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.20 by $0.07, FiscalAI reports. The business had revenue of $208.61 million for the quarter, compared to analysts’ expectations of $205.27 million. Daktronics had a return on equity of 16.55% and a net margin of 3.43%.During the same period in the previous year, the firm posted ($0.19) EPS.

Here are the key takeaways from Daktronics’ conference call:

Management said fiscal 2026 was a record year, with revenue up 10.9% to $839 million, record orders, and adjusted EPS up 25% to $1.05. Operating margin also expanded 290 basis points to 7.3% as pricing and efficiency actions took hold.
The company enters fiscal 2027 with a $356 million backlog and said the pipeline remains robust across live events, transportation, high school, commercial, and international markets. Management said this positions Daktronics to keep progressing toward its fiscal 2028 targets.
Live events remained a standout, with wins across Major League Baseball, college sports, and major venue technology partnerships, including Grass Valley and the new Camino 8 platform. Management sees these products as expanding software and services opportunities and improving competitive differentiation.
The company is ramping a new Mexico manufacturing facility, which is expected to begin production in July 2026 and ship first products in Q2. Management said the facility should improve supply chain flexibility and ultimately support margins, though it may not benefit earnings immediately.
Daktronics reaffirmed its fiscal 2028 targets for 7%-10% revenue CAGR, 10%-12% operating margin, and 17%-20% ROIC. The company also continued share repurchases, buying back about $25.5 million of stock in fiscal 2026.

Daktronics Stock Down 3.7%

Daktronics stock opened at $19.36 on Thursday. Daktronics has a twelve month low of $13.30 and a twelve month high of $28.27. The company has a debt-to-equity ratio of 0.19, a quick ratio of 1.68 and a current ratio of 2.22. The firm has a market cap of $935.04 million, a PE ratio of 35.20, a P/E/G ratio of 0.52 and a beta of 1.66. The firm’s 50 day moving average price is $19.87 and its two-hundred day moving average price is $21.08.

Analyst Ratings Changes

A number of equities analysts recently weighed in on the company. Zacks Research raised Daktronics from a “strong sell” rating to a “hold” rating in a research note on Monday, June 15th. Roth Mkm began coverage on shares of Daktronics in a research report on Wednesday, June 10th. They issued a “buy” rating and a $26.00 target price on the stock. Wall Street Zen upgraded shares of Daktronics from a “buy” rating to a “strong-buy” rating in a research report on Sunday, May 10th. Finally, Weiss Ratings cut shares of Daktronics from a “hold (c+)” rating to a “hold (c)” rating in a research report on Tuesday, May 19th. One analyst has rated the stock with a Strong Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, Daktronics currently has a consensus rating of “Moderate Buy” and a consensus target price of $26.00.

View Our Latest Stock Report on Daktronics

Hedge Funds Weigh In On Daktronics

Hedge funds have recently modified their holdings of the stock. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in shares of Daktronics by 6.5% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 24,210 shares of the technology company’s stock valued at $295,000 after buying an additional 1,476 shares during the last quarter. Empowered Funds LLC boosted its position in Daktronics by 2.1% during the first quarter. Empowered Funds LLC now owns 242,535 shares of the technology company’s stock worth $2,954,000 after purchasing an additional 4,926 shares during the period. Rhumbline Advisers grew its stake in Daktronics by 31.4% in the 2nd quarter. Rhumbline Advisers now owns 76,152 shares of the technology company’s stock valued at $1,151,000 after buying an additional 18,202 shares during the last quarter. Northwestern Mutual Wealth Management Co. increased its stake in shares of Daktronics by 204.3% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 3,046 shares of the technology company’s stock worth $46,000 after purchasing an additional 2,045 shares during the period. Finally, Invesco Ltd. increased its position in Daktronics by 399.2% in the 2nd quarter. Invesco Ltd. now owns 510,243 shares of the technology company’s stock worth $7,715,000 after buying an additional 408,037 shares during the period. 61.69% of the stock is owned by institutional investors and hedge funds.

Trending Headlines about Daktronics

Here are the key news stories impacting Daktronics this week:

Positive Sentiment: Daktronics beat analysts’ expectations with Q4 EPS of $0.27 versus the $0.20 consensus, while revenue of $208.6 million also came in above estimates. Conference Call
Positive Sentiment: The company reported record fiscal 2026 net sales of $838.7 million and record orders of $860.8 million, signaling strong demand across its business segments. Earnings Release
Positive Sentiment: Profitability improved sharply, with full-year operating margin rising to 7.3% from 4.4% a year ago and adjusted EPS increasing to $1.05 from $0.84. Earnings Release
Positive Sentiment: Management highlighted a $356.2 million backlog and said it remains well positioned for fiscal 2027, which supports visibility into future revenue. Earnings Release
Neutral Sentiment: Fourth-quarter orders fell 7.7% from an exceptionally strong prior-year quarter, though the company still finished the year with record annual orders. Earnings Release
Neutral Sentiment: Daktronics also boosted its share repurchase activity during the year, buying back 1.4 million shares, which may provide some additional support to the stock. Earnings Release

Daktronics Company Profile

(Get Free Report)

Daktronics, Inc (NASDAQ: DAKT) is a leading designer and manufacturer of electronic display systems, video boards, scoreboards and related control systems. Founded in 1968 in Brookings, South Dakota by Al Kurtenbach and Duane Sander, the company has built a reputation for delivering custom visual display solutions to a wide range of markets. Its product portfolio includes large-format LED video displays, programmable message centers, digital billboards, and audio-visual solutions tailored to sports venues, transportation authorities, retail environments and live event producers.

The company’s primary business activities encompass the engineering, fabrication and installation of display systems for customers around the world.