Duos Technologies Group (NASDAQ:DUOT) Upgraded by Cantor Fitzgerald to Strong-Buy Rating

Cantor Fitzgerald upgraded shares of Duos Technologies Group (NASDAQ:DUOT) to a strong-buy rating in a research note published on Friday,Zacks.com reports.

A number of other brokerages have also recently commented on DUOT. Wall Street Zen raised shares of Duos Technologies Group from a “sell” rating to a “hold” rating in a research report on Saturday, June 20th. Zacks Research upgraded shares of Duos Technologies Group from a “strong sell” rating to a “hold” rating in a research note on Monday, June 15th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Duos Technologies Group in a research note on Friday, July 17th. Finally, Ascendiant Capital Markets raised their target price on Duos Technologies Group from $17.00 to $22.00 and gave the company a “buy” rating in a report on Monday, June 15th. One equities research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, Duos Technologies Group currently has an average rating of “Moderate Buy” and a consensus target price of $24.00.

Duos Technologies Group Trading Up 5.8%

NASDAQ:DUOT opened at $8.61 on Friday. The stock has a market capitalization of $252.45 million, a PE ratio of -13.05 and a beta of 1.23. The firm has a fifty day simple moving average of $10.85 and a 200 day simple moving average of $9.39. Duos Technologies Group has a 1-year low of $5.78 and a 1-year high of $15.28.

Duos Technologies Group (NASDAQ:DUOT) last posted its earnings results on Friday, May 15th. The company reported ($0.15) EPS for the quarter, missing the consensus estimate of ($0.03) by ($0.12). The firm had revenue of $2.72 million during the quarter, compared to analyst estimates of $9.60 million. Duos Technologies Group had a negative net margin of 45.36% and a negative return on equity of 21.46%. On average, equities analysts predict that Duos Technologies Group will post 0.04 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the company. Royal Bank of Canada increased its position in Duos Technologies Group by 37.8% in the first quarter. Royal Bank of Canada now owns 1,330,691 shares of the company’s stock worth $9,129,000 after purchasing an additional 365,324 shares during the last quarter. Vanguard Group Inc. raised its stake in shares of Duos Technologies Group by 80.4% in the third quarter. Vanguard Group Inc. now owns 639,797 shares of the company’s stock valued at $4,709,000 after acquiring an additional 285,235 shares during the period. Regal Partners Ltd bought a new stake in Duos Technologies Group in the first quarter worth about $3,016,000. Private Advisor Group LLC lifted its stake in shares of Duos Technologies Group by 152.3% during the 1st quarter. Private Advisor Group LLC now owns 426,181 shares of the company’s stock worth $2,924,000 after acquiring an additional 257,242 shares during the last quarter. Finally, Shay Capital LLC boosted its stake in shares of Duos Technologies Group by 2,646.1% during the third quarter. Shay Capital LLC now owns 411,910 shares of the company’s stock valued at $3,032,000 after purchasing an additional 396,910 shares during the period. Hedge funds and other institutional investors own 42.61% of the company’s stock.

Duos Technologies Group Company Profile

Duos Technologies Group, Inc provides advanced non-intrusive security and inspection solutions utilizing motion-based and artificial intelligence technologies. The company’s core offerings include intelligent video analytics, RFID checkpoint systems, and specialized screening devices designed to detect security threats and contraband across transportation, logistics and critical infrastructure environments. Duos integrates proprietary hardware with software to deliver automated inspection and monitoring tools that enhance safety and operational efficiency.

Among its primary products are automated gate-entry systems, railcar inspection portals and portable screening devices that use AI-driven image recognition and sensor fusion to identify objects such as unauthorized materials, pipeline anomalies or vehicle defects.