DUOT Should I Buy
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Duos Technologies Group Inc (DUOT) is not a strong buy at the moment for a beginner investor with a long-term strategy. While the company has promising growth in its data center business and a raised price target from analysts, the current technical indicators, negative financial performance trends, and lack of significant trading signals suggest waiting for a better entry point.
The MACD is negatively expanding, RSI is neutral at 35.856, and moving averages are converging, indicating no clear bullish momentum. The stock is trading near its support level (S1: 8.532), but the overall trend remains weak with a 40% chance of a -3.86% decline in the next month.
Analysts have raised the price target to $14 from $11.50, citing strong growth potential in the company's data center business. Gross margin improved significantly to 36.59%, up 28.93% YoY.
The company's Q3 financials show a net income drop of -25.78% YoY and a significant EPS decline of -66.67% YoY. Additionally, there is no recent news or significant trading activity from insiders, hedge funds, or Congress to support bullish sentiment.
In Q3 2025, revenue increased by 112.33% YoY to $6,877,283, but net income dropped to -$1,040,254 (-25.78% YoY), and EPS declined by -66.67% YoY to -0.06. Gross margin improved to 36.59%, up 28.93% YoY, indicating operational efficiency gains despite profitability challenges.
Ascendiant maintains a Buy rating and raised the price target to $14, citing strong growth potential in the data center business and a positive outlook for 2025.
