Roth Capital Reiterates Buy Rating on Daktronics, Inc.
Roth Capital maintains a buy rating on Daktronics with a $26 target, a 24.94% upside from the current price.
Key Points
- Roth Capital reiterated its buy rating on Daktronics, Inc. (DAKT) with a price target of $26 on June 11, 2026.
- Roth Capital's $26 price target implies 24.94% upside from Daktronics, Inc.'s ($DAKT) current $20.81 share price.
- Daktronics trades at $20.93 with a market cap of approximately $989.6 million and a P/E ratio of 36.9.
- Insider activity includes Brett Wendler buying 98 shares on April 30, 2026, and Matthew Kurtenbach selling shares in March 2026.
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Roth Capital has reiterated its buy rating on Daktronics, Inc. (NasdaqGS:DAKT), setting a price target of $26. This update was made by analyst Thomas Hayes on June 11, 2026. Shares of Daktronics are currently trading around $20.93.
Daktronics, Inc. Stock Up 7.8%
Shares of NasdaqGS:DAKT are trading near $20.93. The company has a market cap of about $989.6 million and a P/E ratio of 36.9. Daktronics' forward P/E is 17.2, and its beta is 1.662, indicating a higher volatility compared to the market. The stock has seen a 52-week low of $13.3 and a high of $28.27. Its 50-day moving average stands at $19.75, while the 200-day moving average is $20.55. The company maintains a current ratio of 2.223 and a quick ratio of 1.625, with a debt-to-equity ratio of 3.763.
Insider Buying and Selling at Daktronics, Inc.
Recent insider activity at Daktronics includes Brett Wendler, VP of Design & Development, purchasing 98 shares on April 30, 2026, at an average price of $15.97. Meanwhile, on March 5, 2026, Matthew Kurtenbach, VP of Manufacturing, sold 4,606 shares, and Sheila Mae Anderson, CDAO, executed both purchases and sales of shares on the same day.
Analysts Set New Price Targets
On June 11, 2026, Roth Capital reiterated its buy rating on Daktronics with a price target of $26. Previously, Craig-Hallum initiated coverage with a buy rating and the same price target on January 22, 2025. The consensus among analysts is a strong buy, with a target mean price of $30.67 based on three analyst opinions.
About Daktronics, Inc.
Daktronics, Inc., headquartered in Brookings, South Dakota, designs and manufactures electronic scoreboards, programmable display systems, and large screen video displays. These are used for sporting, commercial, and transportation applications. The company operates through several segments, including Commercial, Live Events, and International. Led by CEO Bradley T. Wiemann, Daktronics employs over 2,400 people and serves a diverse range of industries, from sports facilities to governmental transportation departments.
Bottom Line
Roth Capital's reaffirmation of a buy rating with a $26 price target underscores ongoing confidence in Daktronics' performance. The company's stock is currently trading at $20.93, with a market cap nearing $1 billion. Investors often track these ratings to gauge analyst sentiment, though it's important to remember that these are backward-looking statements.
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