Update shared on 12 Dec 2025
Fair value Increased 9.09%Analysts have raised their price target on Daktronics from 27.50 dollars to 30.00 dollars, citing slightly faster expected revenue growth, meaningfully higher profit margins, and a lower assumed future price-to-earnings multiple as key drivers of the upward revision.
What's in the News
- Daktronics has appointed Ramesh Jayaraman as Chief Executive Officer, effective February 1, 2026, with plans for him to also join the Board upon approval.
- Director and former Chairman, President and CEO Reece Kurtenbach will step down from the Board when Jayaraman becomes a director, marking a significant leadership transition.
- Interim President and CEO Brad Wiemann will continue in his role through the company’s third fiscal quarter ending January 31, 2026, helping provide continuity ahead of the CEO handoff.
- Jayaraman brings over 25 years of global operations experience from Bosch, Harman, Ariston Thermo Group, and Tyco/ADT, with a track record of overseeing transformational change and supporting organic growth. (Key Developments)
Valuation Changes
- Fair Value: price target increased modestly from $27.50 to $30.00 per share.
- Discount Rate: edged higher from 8.18% to 8.44%, reflecting a slightly higher required return.
- Revenue Growth: forecast raised slightly from 11.33% to 11.40% annually.
- Net Profit Margin: increased meaningfully from 14.32% to 17.00%, implying stronger expected profitability.
- Future P/E: assumed multiple reduced significantly from 12.46x to 9.51x, indicating a more conservative valuation framework.
Have other thoughts on Daktronics?
Create your own narrative on this stock, and estimate its Fair Value using our Valuator tool.
Create NarrativeDisclaimer
AnalystConsensusTarget is a tool utilizing a Large Language Model (LLM) that ingests data on consensus price targets, forecasted revenue and earnings figures, as well as the transcripts of earnings calls to produce qualitative analysis. The narratives produced by AnalystConsensusTarget are general in nature and are based solely on analyst data and publicly-available material published by the respective companies. These scenarios are not indicative of the company's future performance and are exploratory in nature. Simply Wall St has no position in the company(s) mentioned. Simply Wall St may provide the securities issuer or related entities with website advertising services for a fee, on an arm's length basis. These relationships have no impact on the way we conduct our business, the content we host, or how our content is served to users. The price targets and estimates used are consensus data, and do not constitute a recommendation to buy or sell any stock, and they do not take account of your objectives, or your financial situation. Note that AnalystConsensusTarget's analysis may not factor in the latest price-sensitive company announcements or qualitative material.