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

Daktronics's 15-minute chart has recently triggered a Bollinger Bands Expanding Downward signal, accompanied by a Bearish Marubozu candlestick pattern at 08/29/2025 12:15. This indicates that the market trend is currently being driven by sellers, who are exerting significant control over the market. As a result, it is likely that bearish momentum will continue to prevail in the near term.

Daktronics Inc. (DAKT) is set to release its quarterly earnings on September 1, 2025, with analysts expecting a 5.6% decrease in revenue compared to the same period last year. The South Dakota-based company is anticipated to report revenue of $213.412 million, down from $226.09 million in the previous year [1].

The mean estimate from three analysts, based on LSEG data, predicts earnings of 25 cents per share. This is a significant drop from the previous quarter's earnings of 0.14 per share. The company's earnings have been volatile, with previous quarters showing significant beats and misses. For instance, the quarter ending April 30, 2025, saw a 17.4% beat, while the quarter ending January 31, 2025, missed by 88% [1].

Wall Street's median 12-month price target for Daktronics Inc. is $23.00, which is about 24.1% above its last closing price of $17.45. The one available analyst rating on the shares is "buy," suggesting a positive outlook despite the expected revenue decrease [1].

Technical indicators also suggest a bearish trend. The 15-minute chart of Daktronics Inc. has recently triggered a Bollinger Bands Expanding Downward signal, accompanied by a Bearish Marubozu candlestick pattern on August 29, 2025, at 12:15. This indicates that the market trend is currently being driven by sellers, who are exerting significant control over the market. As a result, it is likely that bearish momentum will continue to prevail in the near term [2].

References:

[1] Reuters. (2025). Daktronics Inc. Expected to Post Earnings of 25 Cents a Share. Retrieved from 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] TradingView. (2025). Technical Analysis of Daktronics Inc. Retrieved from https://www.tradingview.com