Northland Capmk Has Bearish Forecast for DUOT Q3 Earnings

Duos Technologies Group, Inc. (NASDAQ:DUOT - Free Report) - Equities research analysts at Northland Capmk dropped their Q3 2026 earnings estimates for Duos Technologies Group in a report issued on Thursday, May 15th. Northland Capmk analyst M. Latimore now anticipates that the company will post earnings of $0.03 per share for the quarter, down from their previous estimate of $0.07. The consensus estimate for Duos Technologies Group's current full-year earnings is ($1.34) per share. Northland Capmk also issued estimates for Duos Technologies Group's Q4 2026 earnings at $0.12 EPS.

Other analysts also recently issued research reports about the stock. Northland Securities increased their target price on shares of Duos Technologies Group from $10.00 to $14.00 and gave the company an "outperform" rating in a report on Wednesday, February 5th. Ascendiant Capital Markets raised their price objective on shares of Duos Technologies Group from $7.50 to $9.00 and gave the stock a "buy" rating in a report on Monday, April 28th.

Duos Technologies Group Stock Up 17.8%

Shares of DUOT stock traded up $1.28 on Monday, hitting $8.46. The stock had a trading volume of 214,313 shares, compared to its average volume of 129,896. The business has a 50 day moving average of $6.16 and a 200 day moving average of $5.90. The stock has a market cap of $98.59 million, a price-to-earnings ratio of -5.92 and a beta of 0.97. The company has a debt-to-equity ratio of 0.66, a current ratio of 0.73 and a quick ratio of 0.56. Duos Technologies Group has a 12-month low of $2.03 and a 12-month high of $8.72.

Duos Technologies Group (NASDAQ:DUOT - Get Free Report) last released its quarterly earnings data on Thursday, May 15th. The company reported ($0.18) earnings per share for the quarter, meeting analysts' consensus estimates of ($0.18). The firm had revenue of $4.95 million for the quarter, compared to analyst estimates of $4.60 million. Duos Technologies Group had a negative net margin of 143.17% and a negative return on equity of 271.06%. During the same period last year, the firm earned ($0.38) earnings per share.

Institutional Trading of Duos Technologies Group

A number of large investors have recently added to or reduced their stakes in DUOT. Citadel Advisors LLC purchased a new position in shares of Duos Technologies Group in the fourth quarter worth about $74,000. XTX Topco Ltd purchased a new position in shares of Duos Technologies Group in the first quarter worth about $82,000. LPL Financial LLC purchased a new position in shares of Duos Technologies Group in the fourth quarter worth about $107,000. Essex Investment Management Co. LLC purchased a new position in shares of Duos Technologies Group in the fourth quarter worth about $116,000. Finally, Northern Trust Corp increased its stake in shares of Duos Technologies Group by 80.3% in the fourth quarter. Northern Trust Corp now owns 38,786 shares of the company's stock worth $232,000 after purchasing an additional 17,270 shares in the last quarter. Hedge funds and other institutional investors own 42.61% of the company's stock.

About Duos Technologies Group

Duos Technologies Group, Inc designs, develops, deploys, and operates intelligent technology solutions in North America. The company provides solutions, such as Centraco, an enterprise information management software platform that consolidates data and events from multiple sources into a unified and distributive user interface; and truevue360, an integrated platform to develop and deploy artificial intelligence algorithms, including machine learning, computer vision, object detection, and deep neural network-based processing for real-time applications.