DAKT
DAKTRONICS INC /SD/
Next earnings Jun 24, 2026 (before open) · consensus $0.20 EPS, $209M rev
Last earnings -3.8% on 2026-06-24
$19.91
▼ -1.39%$19.91▲ +31.68%
over 1Y
L $15.12H $27.73
Earnings Dividend Split Congress buy Congress sellGrouped by date · hover a pin to expand
Today-1.4%
1W+2.3%
1M-1.4%
3M+1.2%
YTD+0.4%
1Y+31.7%
Buy
Conviction
Horizon
Medium (3–12mo)
12-mo target
$•••
Street · 7 analysts
Buy
DAKT's FY26 rebound — revenue $839M, EPS $0.92, ROE 15% — at 21x earnings looks fair with room to re-rate as margins normalize.
Revenue $839M · FY2026
The read
Quality fundamentals and an attractive price line up (~76% below fair value) — the rarer case where both the business and the entry look good.
Daktronics delivered a decisive FY26 turnaround: revenue grew 10.9% to $839M, operating income jumped 83.7% to $60.8M, and net income swung from a $10.1M loss in FY25 to $45.4M. The MD&A attributes the gains to favorable project mix (Spectacular LED, MLB venues, Spectaculars in Commercial), higher fixed-cost absorption on volume, and continued execution on backlog in Live Events and International. Order bookings rose across Live Events, High School Park & Rec, Transportation, and International — a forward indicator that supports the durability of FY26 results rather than treating them as a one-off.
The balance sheet is a real positive. Cash sits at $132M against just $10.8M of total debt, current assets of $448M cover current liabilities of $194M (2.3x), and management refinanced into a fresh $71.5M senior credit facility in Nov 2025 — ample liquidity. Capital allocation is shareholder-friendly: $25.6M of buybacks shrank the share count 1.7%, retained earnings grew 35.5% to $173M, and R&D climbed 11.8% to $43.5M, funding the digital-display roadmap that drives mix improvement.
Is DAKT a buy? The one-page verdict, explained →
The options angle
model · matches our verdictBull call spread~60d expiry
- Long call 20 @ ~1.37 est
- Short call 22 @ ~0.65 est
debit $72max +$128max −$72BE 20.72
BUY verdict with defined risk: the short call finances part of the long one; max loss is the net debit.
Educational template, not a trade recommendation. Strikes and premiums are Black-Scholes model estimates from the last close and 30-day realized volatility — real chains, spreads and IV will differ. Options involve substantial risk.
Financials · annual, by fiscal year
| Line item | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Revenue | $611M | $754M | $818M | $756M | $839M |
| Gross profit | $117M | $151M | $222M | $195M | $229M |
| Operating income | $4.05M | $21.4M | $87.1M | $33.1M | $60.8M |
| Net income | $592K | $6.80M | $34.6M | -$10.1M | $45.4M |
| Diluted EPS | $0.01 | $0.15 | $0.74 | -$0.21 | $0.92 |
| Net margin | 0.1% | 0.9% | 4.2% | -1.3% | 5.4% |
10-year statements — income, cash flow, balance sheet & CSV export →
Annual figures from SEC 10-K XBRL filings. Open the filing links below for full statement detail.
Key statistics
Valuation
Enterprise value$840M
EV / EBITDA10.5
EV / Sales1.0
EV / FCF24.5
P / FCF28.0
PEG (trailing)0.04
Earnings yield4.7%
FCF yield3.6%
Quality & risk
ROIC (est.)15.4%
Free cash flow$34.3M
Total debt$10.8M
Net cash$121M
Piotroski F-Score9/9
Capital returns
Buyback yield2.7%
Dividend yield (est.)0.0%
Shareholder yield2.7%
Shares Δ YoY-1.7%
Computed from SEC XBRL annual figures + the current quote. EV and ROIC use long-term + current debt where filed; estimates, not investment advice.
Disclosure timeline
SEC · 8-Ks + reportsRecent disclosure tone has been improving.
- 8-K Earnings results2026-06-24
FY26 10-K: revenue $839M (+11%), EPS $0.92 vs loss; tariff headwinds flagged
- 10-K Annual report2026-06-24
FY26 10-K: revenue $839M (+11%), EPS $0.92 vs loss; tariff headwinds flagged
- 8-K Officer / director change2026-05-21
Officer/director change disclosed; routine governance update
- 8-K Reg FD disclosure2026-04-09
Reg FD disclosure (likely investor presentation/conference materials)
- 8-K Earnings results2026-03-04
Q3 FY26 10-Q showing margin expansion and continued profitability rebound
- 10-Q Quarterly report2026-03-04
Q3 FY26 10-Q showing margin expansion and continued profitability rebound
- 8-K Officer / director change2026-02-20
Officer/director appointment or departure; governance update
- 8-K Officer / director change2026-02-02
Officer/director change; routine governance update
- 10-Q Quarterly report2025-12-10
Q2 FY26 10-Q: backlog conversion and improving mix support recovery
Recent filings
all on EDGAR ↗4Period ending 2026-07-012026-07-02open ↗144Filing2026-07-01open ↗SCHEDULE 13D/AFiling2026-06-30open ↗10-KPeriod ending 2026-05-022026-06-24open ↗8-KPeriod ending 2026-06-222026-06-24open ↗SDFiling2026-05-29open ↗8-KPeriod ending 2026-05-182026-05-21open ↗SCHEDULE 13GFiling2026-05-15open ↗4Period ending 2026-04-302026-05-06open ↗3Period ending 2026-04-142026-04-23open ↗8-KPeriod ending 2026-04-092026-04-09open ↗SCHEDULE 13G/AFiling2026-03-26open ↗
Frequently asked
- Is DAKTRONICS INC /SD/ (DAKT) a buy?
- DAKT currently carries a Buy rating with 3/5 conviction, derived from its latest SEC filings. DAKT's FY26 rebound — revenue $839M, EPS $0.92, ROE 15% — at 21x earnings looks fair with room to re-rate as margins normalize.
- What is DAKT's fair value?
- A Modified-Graham model based on DAKT's SEC fundamentals estimates a fair value of about $34.96. It is an estimate from reported earnings, not a price target.
- Is DAKT overvalued or undervalued?
- Against a Modified-Graham fair-value estimate, DAKT currently appears undervalued relative to its SEC-grounded earnings power.
- What is DAKTRONICS INC /SD/'s quality score?
- DAKT scores 69.8861730298914/100 (grade B-) on a SEC-grounded quality model spanning value, growth, profitability, financial health and momentum.
Sources: SEC EDGAR (CIK 0000915779, latest 10-K filed 2026-06-24) · EODHD · Proprietary analysis · as of 6/25/2026, 2:34:14 PM.
About this recommendation — produced by TENK/calls (tenkcalls.com), Luxembourg · not investment advice
AI-generated analysis, produced by our proprietary engine from SEC filing data.
Investment recommendation produced by TENK/calls (tenkcalls.com), Luxembourg. Completed Jun 25, 2026, 10:34 AM ET. Ratings & methodology: definitions · All recommendations to date: track record · Conflicts: disclosures. Not investment advice.
Research and education only — not financial advice. TENKis not a registered investment adviser or broker-dealer and gives no personalized advice. Every call is impersonal — identical for all users, generated on a schedule from SEC filings plus a delayed/third-party price feed — may be wrong or out of date, and is not a recommendation to buy or sell any security. The operator and an affiliated trading operation may hold or trade the securities TENK rates; see Disclosures. Past performance does not guarantee future results. Do your own research.