Daktronics stock price falls as Bollinger Bands expand downward, bearish Marubozu signal triggered.

Daktronics' 15-minute chart has triggered a Bollinger Bands Expanding Downward and a Bearish Marubozu at 08/29/2025 12:00, indicating that the market trend is being driven by sellers, and that bearish momentum is likely to continue.

Daktronics Inc. (DAKT), a South Dakota-based company, is set to report its quarterly results on September 1, 2025, for the period ending July 31, 2025. Analysts anticipate a decline in revenue, with estimates projecting a 5.6% decrease to $213.412 million from $226.09 million a year ago [1].

The mean earnings estimate from analysts is 25 cents per share, with one analyst rating the shares as a "buy." The Wall Street median 12-month price target for Daktronics Inc. is $23.00, approximately 24.1% above its last closing price of $17.45 [1].

Daktronics has shown varying quarterly performances, with recent quarters indicating mixed results. The company beat earnings estimates in the second and fourth quarters of 2024 and the first quarter of 2025. However, it missed estimates in the third quarter of 2024 and the second quarter of 2025 [1].

Market trends indicate a bearish momentum, with a Bollinger Bands Expanding Downward and a Bearish Marubozu on August 29, 2025, suggesting that sellers are driving the market trend [2].

References:
[1] https://www.tradingview.com/news/reuters.com,2025:newsml_L8N3UL0L2:0-daktronics-inc-expected-to-post-earnings-of-25-cents-a-share-earnings-preview/
[2] Current Date Time: July 02, 2025