DAKT trades 75.6% below Wall Street's consensus target of $31.00.
Last 12 months price action with 12-month analyst target path
The base valuation assumes DAKT achieves its forward estimates and maintains a stable P/E multiple of 18.1x. This scenario reflects the blended consensus of 5 Wall Street analysts, balancing both positive catalysts and macroeconomic headwinds over the next 12 months.
As of September 24, 2026, Daktronics, Inc. (DAKT) has a Wall Street consensus price target of $31.00, based on estimates from 5 covering analysts. With the stock currently trading at $17.65, this represents a potential upside of +75.6%. The company has a market capitalization of $852M.
Analyst price targets range from a low of $29.00 to a high of $33.00, representing a 13% spread in expectations. The median target of $31.00 aligns closely with the consensus average. The tight target dispersion indicates high conviction among analysts.
The current analyst consensus rating is Buy, with 5 analysts rating the stock as a Buy or Strong Buy,0 rating it Hold, and 0 rating it Sell or Strong Sell. This overwhelmingly bullish sentiment suggests analysts see significant catalysts for upside ahead.
From a valuation perspective, DAKT trades at a trailing P/E of 19.2x and forward P/E of 18.1x. The forward PEG ratio of 0.59 suggests the stock may be undervalued relative to its growth. Analysts expect EPS to grow -1.5% over the next year.
Our proprietary valuation model, which blends historical multiples with forward estimates, suggests a base-case price target of $6.69, with bear and bull scenarios of $4.21 and $8.81 respectively. Model confidence stands at 39/100, suggesting limited visibility into future performance.
| Company | Market Cap | Price | Target | Upside Potential | Rating | Fwd P/E | Analysts |
|---|---|---|---|---|---|---|---|
 LYTSLSI Industries Inc. | $682M | $20.24 | $29.50 | +45.8% | Buy | 15.5x | 6 |
 OLEDUniversal Display Corporation | $3.6B | $76.71 | $122.60 | +59.8% | Buy | 18.3x | 19 |
 VUZIVuzix Corp. | $237M | $2.85 | $6.00 | +110.5% | Buy | — | 5 |
 DGIIDigi International Inc. | $2.8B | $75.30 | $79.00 | +4.9% | Buy | 28.0x | 18 |
 PLXSPlexus Corp. | $7.1B | $263.90 | $305.00 | +15.6% | Buy | 30.4x | 18 |
 OESXOrion Energy Systems, Inc. | $115M | $28.42 | $36.50 | +28.4% | Buy | 48.2x | 9 |
 LESLLeslie's, Inc. | $4M | $0.42 | — | — | — | — | — |
 SONOSonos, Inc. | $2.0B | $17.10 | $19.00 | +11.1% | Buy | 26.7x | 9 |
 MVISMicroVision, Inc. | $38M | $1.64 | $5.00 | +204.9% | Buy | — | 8 |
 ONON Semiconductor Corporation | $28.8B | $74.10 | $99.44 | +34.2% | Buy | 23.2x | 47 |
Quick answers to the most common questions about buying DAKT stock.
The consensus Wall Street price target for DAKT is $31, representing 75.6% upside from the current price of $17.65. With 5 analysts covering the stock, this strong upside suggests significant value not yet reflected in today's share price.
DAKT has a consensus rating of "Buy" based on 5 Wall Street analysts. The rating breakdown is predominantly bullish, with 5 Buy/Strong Buy ratings. The consensus 12-month price target of $31 implies 75.6% upside from current levels.
With a forward P/E of 18.1342x, DAKT trades at a relatively low valuation. The consensus target of $31 implies 75.6% appreciation, suggesting meaningful undervaluation.
The most bullish Wall Street analyst has a price target of $33 for DAKT, while the most conservative target is $29. The consensus of $31 represents the median expectation. Our quantitative valuation model projects a bull case target of $9 based on optimistic growth and margin assumptions. These targets typically reflect 12-month expectations.
DAKT is moderately covered, with 5 analysts providing price targets and ratings. Of these, 0 have Strong Buy ratings, 5 have Buy ratings, 0 recommend Hold, and 0 have Sell or Strong Sell ratings. Higher analyst coverage generally indicates greater institutional interest and more reliable consensus estimates.
The 12-month DAKT stock forecast based on 5 Wall Street analysts shows a consensus price target of $31, with estimates ranging from $29 (bear case) to $33 (bull case). The median consensus rating is "Buy". Our proprietary valuation model produces a base case fair value of $7, with bear/bull scenarios of $4/$9.
Our quantitative valuation model calculates DAKT's fair value at $7 (base case), with a bear case of $4 and bull case of $9. The model uses discounted cash flow analysis, historical growth rates, and margin mean-reversion to project FY+2 earnings, then applies an appropriate P/E multiple. The model confidence score is 39/100.
DAKT trades at a forward P/E ratio of 18.1x based on next-twelve-months earnings estimates compared to a trailing P/E of 19.2x. The lower forward P/E indicates analysts expect earnings growth. A forward P/E is useful for comparing valuations when earnings are expected to change significantly.
Wall Street analysts are very optimistic on DAKT, with a "Buy" consensus rating and $31 price target (75.6% upside). 5 of 5 analysts rate it Buy or Strong Buy. This information is for educational purposes only. Always conduct your own research, consider your financial situation, and consult a financial advisor before making investment decisions.
DAKT analyst price targets range from $29 to $33, a 13% tight range reflecting strong analyst consensus. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $31 consensus represents the middle ground. Our model's $4-$9 range provides an independent fundamental perspective.
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