Sidoti raises third-quarter estimate for Daktronics stock to USD 0.17

Published on 10/20/2026 at 21:47 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Cost cuts target USD 18.00 million annually by fiscal 2028. Daktronics stock costs EUR 16.95 on October 20, 2026 at 9:41 p.m. CEST.

Analyst estimate and operating plans

Sidoti lifted its third-quarter 2027 earnings estimate from USD 0.14 to USD 0.17 on October 15, 2026.
Daktronics expects USD 18.00 million in annualized pretax savings by fiscal 2028.
Daktronics stock was trading at EUR 16.95 at Lang & Schwarz on October 20, 2026 at 9:41 p.m. CEST.

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Sidoti raised its third-quarter 2027 earnings-per-share forecast for Daktronics to USD 0.17 from USD 0.14 in a report issued October 15, 2026, as reported by MarketBeat. Daktronics stock was trading at EUR 16.95 at Lang & Schwarz on October 20, 2026 at 9:41 p.m. CEST.

Cost savings reach USD 18.00 million

Daktronics announced on October 14, 2026 that its manufacturing and operating changes are expected to generate more than USD 18.00 million in annualized pretax savings once fully implemented during fiscal 2028. The plan also carries USD 15.80 million in non-recurring pretax restructuring and related charges, including USD 7.00 million expected in the current fiscal quarter, according to GlobeNewswire.

The company expects USD 5.00 million of savings during the second half of fiscal 2027 and USD 16.00 million during fiscal 2028. The Ireland facility exit is expected to be substantially complete by mid-fiscal 2028, while the company also plans to realign production capacity among the United States, China, and Mexico.

Revenue beat estimates in first quarter

For the first quarter of fiscal 2027, Daktronics reported revenue of USD 234.57 million against a USD 230.27 million estimate and earnings per share of USD 0.40 against USD 0.35 expected. The figures were reported on September 2, 2026, in the quarterly results cited by MarketBeat.

Nasdaq range spans USD 16.77 to USD 28.27

On the Nasdaq, Daktronics was last at USD 19.08 on October 20, 2026 at 3:46 p.m. EDT. Its market capitalization was USD 917.60 million, with a 52-week range of USD 16.77 to USD 28.27 on the same date. The price-to-earnings ratio was 19.43.

The company designs, manufactures, sells, and services large-format LED displays, scoreboards, message displays, digital billboards, audio systems, and control systems for sports, business, and transportation customers, according to Daktronics. The latest estimates therefore place emphasis on earnings execution while the restructuring plan carries both future savings and near-term charges.

Plans extend into fiscal 2028

The October 14, 2026 restructuring announcement sets mid-fiscal 2028 as the expected completion point for the Ireland facility exit. The September 2, 2026 first-quarter results remain the latest reported operating period, with the next reporting date not included in the company calendar fetched for this article.

Price and operating plans

Daktronics stock was trading at EUR 16.95 at Lang & Schwarz on October 20, 2026 at 9:41 p.m. CEST. On the Nasdaq, the stock was last at USD 19.08 on October 20, 2026 at 3:46 p.m. EDT.

The further course of trading is shown by the continuously updated real-time quote of Daktronics stock.