Duos Technologies Group (NASDAQ:DUOT) Upgraded to “Strong-Buy” at Cantor Fitzgerald

Duos Technologies Group (NASDAQ:DUOT) was upgraded by equities researchers at Cantor Fitzgerald to a “strong-buy” rating in a research report issued on Friday,Zacks.com reports.

Several other analysts also recently issued reports on DUOT. Zacks Research raised Duos Technologies Group from a “strong sell” rating to a “hold” rating in a research note on Monday, June 15th. Ascendiant Capital Markets increased their price objective on Duos Technologies Group from $17.00 to $22.00 and gave the stock a “buy” rating in a report on Monday, June 15th. Wall Street Zen raised Duos Technologies Group from a “sell” rating to a “hold” rating in a research report on Saturday, June 20th. Finally, Weiss Ratings restated a “sell (d-)” rating on shares of Duos Technologies Group in a research note on Friday, July 17th. One research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $24.00.

Duos Technologies Group Stock Up 5.8%

Duos Technologies Group stock opened at $8.61 on Friday. The business’s 50-day simple moving average is $10.85 and its 200 day simple moving average is $9.39. The stock has a market cap of $252.45 million, a price-to-earnings ratio of -13.05 and a beta of 1.23. Duos Technologies Group has a 12-month low of $5.78 and a 12-month high of $15.28.

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

Institutional Investors Weigh In On Duos Technologies Group

Several institutional investors and hedge funds have recently added to or reduced their stakes in DUOT. Regal Partners Ltd bought a new stake in Duos Technologies Group during the 1st quarter worth about $3,016,000. Shay Capital LLC grew its holdings in shares of Duos Technologies Group by 2,646.1% in the 3rd quarter. Shay Capital LLC now owns 411,910 shares of the company’s stock valued at $3,032,000 after acquiring an additional 396,910 shares in the last quarter. Royal Bank of Canada increased its position in shares of 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 valued at $9,129,000 after acquiring an additional 365,324 shares during the last quarter. Vanguard Group Inc. increased its position 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 last quarter. Finally, Potomac Capital Management Inc. bought a new stake in Duos Technologies Group during the fourth quarter worth about $3,085,000. 42.61% of the stock is owned by institutional investors.

About Duos Technologies Group

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.