Craig Hallum initiated coverage on Daktronics with a new price target
$DAKT
Miscellaneous manufacturing industries
Consumer Discretionary
Craig Hallum initiated coverage of Daktronics with a rating of Buy and set a new price target of $26.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 1/22/2025 | $26.00 | Buy | Craig Hallum |
10-Q - DAKTRONICS INC /SD/ (0000915779) (Filer)
8-K - DAKTRONICS INC /SD/ (0000915779) (Filer)
8-K - DAKTRONICS INC /SD/ (0000915779) (Filer)
Craig Hallum initiated coverage of Daktronics with a rating of Buy and set a new price target of $26.00
Operating Profit of $22 million, up 36.7% YoY, Operating Margin of 9.4% Double-digit growth in orders and sales Entering Second Half with $321 million of Product Backlog, up 36% from second quarter fiscal 2025 Ending Net Cash Balance of $138 million Business and Digital Transformation on Track; Reiterating Three Year Forward Objectives of 7-10% Sales Growth, 10-12% operating margin, 17-20% ROIC BROOKINGS, S.D., Dec. 10, 2025 (GLOBE NEWSWIRE) -- Daktronics, Inc. (NASDAQ-DAKT) (the "Company", "Daktronics", "we", or "us"), a recognized industry leader in the design and manufacturing of best-in-class dynamic video communication displays and control systems for customers worldwid
BROOKINGS, S.D., Dec. 03, 2025 (GLOBE NEWSWIRE) -- Daktronics, Inc. ("Daktronics," the "Company," "we" or "us") (NASDAQ-DAKT), the leading U.S.-based designer and manufacturer of best-in-class dynamic video communication displays and control systems for customers worldwide, today announced the appointment of Ramesh Jayaraman as President and Chief Executive Officer, effective February 1, 2026. Upon approval by the Board of Directors, Mr. Jayaraman will also become a director of the Company, at which time Director and former Chairman, President and CEO Reece Kurtenbach will step down from the Board. Brad Wiemann will continue to serve as Interim President and CEO through the Company's thir
BROOKINGS, S.D., Dec. 01, 2025 (GLOBE NEWSWIRE) -- Daktronics, Inc. (NASDAQ-DAKT) announced today it will release its second quarter fiscal 2026 financial results on Wednesday, December 10, 2025 before the market opens. The Company will host a conference call and webcast for all interested parties at 10:00 AM CT that day. Brad Wiemann, Interim Chief Executive Officer, and Howard Atkins, Acting Chief Financial Officer, will host the conference call, which will contain forward-looking statements and other material information. To listen to the earnings call by phone, participants must pre-register at Daktronics Earnings Call Registration. All registrants will receive dial-in information an
4 - DAKTRONICS INC /SD/ (0000915779) (Issuer)
4 - DAKTRONICS INC /SD/ (0000915779) (Issuer)
4 - DAKTRONICS INC /SD/ (0000915779) (Issuer)
4 - DAKTRONICS INC /SD/ (0000915779) (Issuer)
3 - DAKTRONICS INC /SD/ (0000915779) (Issuer)
4 - DAKTRONICS INC /SD/ (0000915779) (Issuer)
BROOKINGS, S.D., Dec. 03, 2025 (GLOBE NEWSWIRE) -- Daktronics, Inc. ("Daktronics," the "Company," "we" or "us") (NASDAQ-DAKT), the leading U.S.-based designer and manufacturer of best-in-class dynamic video communication displays and control systems for customers worldwide, today announced the appointment of Ramesh Jayaraman as President and Chief Executive Officer, effective February 1, 2026. Upon approval by the Board of Directors, Mr. Jayaraman will also become a director of the Company, at which time Director and former Chairman, President and CEO Reece Kurtenbach will step down from the Board. Brad Wiemann will continue to serve as Interim President and CEO through the Company's thir
Asserts Independent Directors are Placing Shareholders, Customers and Employees at Unacceptable Risk by Allowing Chairman and CEO Reece Kurtenbach to Continue in his Roles Highlights that Mr. Kurtenbach has Presided Over Years of Abysmal Governance, Dismal Capital Allocation, Pervasive Nepotism Involving Family Members and Sustained Value Destruction Notes Mr. Kurtenbach and his CFO Allowed Daktronics to Become a "Going Concern" Months After Alta Fox Privately Conveyed a Willingness to Provide Certain and Immediate Capital Questions Independent Directors' Motivation for Failing to Respond to Alta Fox's Most Recent Proposal to Promptly Deliver Affordable Capital, Provided Leadership Chang
BROOKINGS, S.D., Dec. 07, 2022 (GLOBE NEWSWIRE) -- Daktronics, Inc. (NASDAQ - DAKT) today announced the expansion of its Board of Directors to eight members and the appointment of Howard I. Atkins as the eighth director. The addition of Mr. Atkins is part of the Board's ongoing refreshment process. He was selected pursuant to the Cooperation Agreement with Daktronics shareholder Prairieland Holdco, LLC ("Prairieland") and its affiliates, including Andrew Siegel (collectively, the "Prairieland Group"), which was announced on July 27, 2022. Andrew Siegel stated, "The Board conducted a comprehensive search and recruitment effort, and I am pleased that it resulted in the selection of
SC 13D/A - DAKTRONICS INC /SD/ (0000915779) (Subject)
SC 13D - DAKTRONICS INC /SD/ (0000915779) (Subject)
SC 13G/A - DAKTRONICS INC /SD/ (0000915779) (Subject)
Operating Profit of $22 million, up 36.7% YoY, Operating Margin of 9.4% Double-digit growth in orders and sales Entering Second Half with $321 million of Product Backlog, up 36% from second quarter fiscal 2025 Ending Net Cash Balance of $138 million Business and Digital Transformation on Track; Reiterating Three Year Forward Objectives of 7-10% Sales Growth, 10-12% operating margin, 17-20% ROIC BROOKINGS, S.D., Dec. 10, 2025 (GLOBE NEWSWIRE) -- Daktronics, Inc. (NASDAQ-DAKT) (the "Company", "Daktronics", "we", or "us"), a recognized industry leader in the design and manufacturing of best-in-class dynamic video communication displays and control systems for customers worldwid
BROOKINGS, S.D., Dec. 01, 2025 (GLOBE NEWSWIRE) -- Daktronics, Inc. (NASDAQ-DAKT) announced today it will release its second quarter fiscal 2026 financial results on Wednesday, December 10, 2025 before the market opens. The Company will host a conference call and webcast for all interested parties at 10:00 AM CT that day. Brad Wiemann, Interim Chief Executive Officer, and Howard Atkins, Acting Chief Financial Officer, will host the conference call, which will contain forward-looking statements and other material information. To listen to the earnings call by phone, participants must pre-register at Daktronics Earnings Call Registration. All registrants will receive dial-in information an
Operating Profit of $23 million Operating Margin of 10.6% Orders +35% YoY Operating Cash Flow of $26 million, +34% YoY; Ending Cash Balance of $137 million Business and Digital Transformation on Track; Reiterating Three Year Forward Objectives of 7-10% Sales Growth, 10-12% operating margin, 17-20% ROIC BROOKINGS, S.D., Sept. 10, 2025 (GLOBE NEWSWIRE) -- Daktronics, Inc. (NASDAQ-DAKT) (the "Company", "Daktronics", "we", or "us"), a recognized industry leader in the design and manufacturing of best-in-class dynamic video communication displays and control systems for customers worldwide, today reported results for its fiscal 2026 first quarter which ended August 2, 2025. Fiscal 2026 i