DAKT Should I Buy
-
$
0.000
0.000(0.000%)
At close0.000(0.000%)Aft-market
ET
Loading...
Daktronics Inc. (DAKT) is not a strong buy for a beginner, long-term investor at this moment. While the stock shows some positive technical trends, the overbought RSI, insider selling, and declining net income and EPS suggest caution. The absence of strong proprietary trading signals and recent congress trading data further supports a hold recommendation.
The stock shows bullish moving averages (SMA_5 > SMA_20 > SMA_200) and a positive MACD histogram at 0.275, indicating an upward trend. However, the RSI at 81.149 signals overbought conditions, suggesting a potential pullback. Key resistance levels are at R1: 26.611 and R2: 27.814, while support levels are at S1: 22.714 and S2: 21.511.
Hedge funds are significantly increasing their positions, with a 219.96% increase in buying over the last quarter. Revenue has grown by 10.04% YoY in the latest quarter.
Insiders are selling heavily, with a 745.80% increase in selling over the last month. Net income and EPS have declined by -18.34% and -14.63% YoY, respectively. The RSI indicates overbought conditions, and the stock is trading above the average analyst target price.
In Q2 2026, revenue increased by 10.04% YoY to $229.25M, but net income dropped by -18.34% YoY to $17.48M. EPS also declined by -14.63% YoY to 0.35. Gross margin improved slightly to 26.97%, up 0.60% YoY.
The stock is trading above the average analyst target price of $25.33, suggesting limited upside potential in the short term. No recent changes in analyst ratings or price targets were noted.
