Duos Technologies Group (DUOT) Stock Forecast, Price Target & Predictions

OverviewRevenue Ownership Financials Chart Transcripts

DUOT Stock Forecast

Duos Technologies Group stock forecast is as follows: an average price target of $5.50 (represents a 19.57% upside from DUOT’s last price of $4.60) and

DUOT Price Target

Duos Technologies Group Price Target by Analyst

Date	Analyst	Company	Price Target	Price when Published	Price Target/Price when Published	Price Target/Last Closing Price
May 16, 2024	Michael Latimore	Northland Securities	$5.50	$2.75	100.00%	19.57%

Row per page

Go to

The latest Duos Technologies Group stock forecast, released on May 16, 2024 by Michael Latimore from Northland Securities, set a price target of $5.50, which represents a 100.00% increase from the stock price at the time of the forecast ($2.75), and a 19.57% increase from DUOT last price ($4.60).

Duos Technologies Group Price Target by Period

	1M	3M	12M
# Anlaysts	-	-	1
Avg Price Target	-	-	$5.50
Last Closing Price	$4.60	$4.60	$4.60
Upside/Downside	-100.00%	-100.00%	19.57%

In the current month, the average price target of Duos Technologies Group stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Duos Technologies Group's last price of $4.60. This month's average price target is down NaN% compared to last quarter, and down -100.00% compared to last year.

Duos Technologies Group Financial Forecast

Duos Technologies Group Revenue Forecast

	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19	Jun 19	Mar 19
Revenue	-	-	-	-	-	-	-	-	$1.53M	$1.53M	$1.77M	$2.64M	$5.93M	$4.02M	$3.62M	$1.44M	$3.72M	$1.74M	$648.67K	$2.15M	$3.78M	$1.28M	$1.98M	$990.95K	$5.75M	$2.20M	$1.35M	$4.35M
Avg Forecast	$8.60M	$5.90M	$4.75M	$3.15M	$6.80M	$2.80M	$1.25M	$1.40M	$3.00M	$2.45M	$2.60M	$2.45M	$6.95M	$5.84M	$2.70M	$1.00M	$3.75M	$8.00M	$7.00M	$5.00M	$3.30M	$4.50M	$1.90M	$1.10M	$5.64M	$3.00M	$1.40M	$2.50M
High Forecast	$8.60M	$5.90M	$4.75M	$3.15M	$6.80M	$3.20M	$1.25M	$1.40M	$3.00M	$2.45M	$2.60M	$2.45M	$6.95M	$5.84M	$2.70M	$1.00M	$3.75M	$8.00M	$7.00M	$5.00M	$3.30M	$4.50M	$1.90M	$1.10M	$5.64M	$3.00M	$1.40M	$2.50M
Low Forecast	$8.60M	$5.90M	$4.75M	$3.15M	$6.80M	$2.40M	$1.25M	$1.40M	$3.00M	$2.45M	$2.60M	$2.45M	$6.95M	$5.84M	$2.70M	$1.00M	$3.75M	$8.00M	$7.00M	$5.00M	$3.30M	$4.50M	$1.90M	$1.10M	$5.64M	$3.00M	$1.40M	$2.50M
# Analysts	1	1	1	1	1	2	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1
Surprise %	-	-	-	-	-	-	-	-	0.51%	0.62%	0.68%	1.08%	0.85%	0.69%	1.34%	1.44%	0.99%	0.22%	0.09%	0.43%	1.15%	0.28%	1.04%	0.90%	1.02%	0.73%	0.96%	1.74%

Duos Technologies Group's average Quarter revenue forecast for Mar 24 based on 1 analysts is $1.40M, with a low forecast of $1.40M, and a high forecast of $1.40M. DUOT's average Quarter revenue forecast represents a -8.25% decrease compared to the company's last Quarter revenue of $1.53M (Dec 23).

Duos Technologies Group EBITDA Forecast

	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19	Jun 19	Mar 19
# Analysts	1	1	1	1	1	2	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1
EBITDA	-	-	-	-	-	-	-	-	$-2.94M	$-2.97M	$-2.79M	$-1.95M	$-590.98K	$-1.92M	$-1.19M	$-2.49M	$48.73K	$-2.44M	$-2.78M	$-284.63K	$-111.82K	$-2.64M	$-1.36M	$-2.03M	$891.65K	$-1.08M	$-1.90M	$87.92K
Avg Forecast	$-5.14M	$-3.52M	$-2.84M	$-1.88M	$-4.06M	$-1.67M	$-746.80K	$-836.42K	$-1.79M	$-1.46M	$-1.55M	$-1.46M	$-4.15M	$-3.59M	$-1.66M	$-2.68M	$-2.30M	$-4.92M	$-4.30M	$-3.07M	$-2.03M	$-2.77M	$-1.17M	$-1.33M	$-3.47M	$-1.84M	$-860.41K	$160.14K
High Forecast	$-5.14M	$-3.52M	$-2.84M	$-1.88M	$-4.06M	$-1.43M	$-746.80K	$-836.42K	$-1.79M	$-1.46M	$-1.55M	$-1.46M	$-4.15M	$-3.59M	$-1.66M	$-2.14M	$-2.30M	$-4.92M	$-4.30M	$-3.07M	$-2.03M	$-2.77M	$-1.17M	$-1.07M	$-3.47M	$-1.84M	$-860.41K	$192.17K
Low Forecast	$-5.14M	$-3.52M	$-2.84M	$-1.88M	$-4.06M	$-1.91M	$-746.80K	$-836.42K	$-1.79M	$-1.46M	$-1.55M	$-1.46M	$-4.15M	$-3.59M	$-1.66M	$-3.21M	$-2.30M	$-4.92M	$-4.30M	$-3.07M	$-2.03M	$-2.77M	$-1.17M	$-1.60M	$-3.47M	$-1.84M	$-860.41K	$128.11K
Surprise %	-	-	-	-	-	-	-	-	1.64%	2.03%	1.80%	1.33%	0.14%	0.54%	0.72%	0.93%	-0.02%	0.50%	0.65%	0.09%	0.06%	0.95%	1.16%	1.52%	-0.26%	0.59%	2.21%	0.55%

1 analysts predict DUOT's average Quarter EBITDA for Mar 22 to be $-2.68M, with a high of $-2.14M and a low of $-3.21M. This is -5595.25% lower than Duos Technologies Group's previous annual EBITDA (Dec 21) of $48.73K.

Duos Technologies Group Net Income Forecast

	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19	Jun 19	Mar 19
# Analysts	1	1	1	1	1	2	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1
Net Income	-	-	-	-	-	-	-	-	$-3.16M	$-2.95M	$-2.99M	$-2.14M	$-944.82K	$-1.98M	$-1.29M	$-2.65M	$-203.25K	$-2.45M	$-2.95M	$-406.02K	$-425.92K	$-2.71M	$-1.47M	$-2.15M	$578.81K	$-1.14M	$-1.95M	$44.17K
Avg Forecast	$633.31K	$-670.56K	$-1.04M	$-1.38M	$-707.81K	$-1.86M	$-2.46M	$-2.83M	$-1.86M	$-2.38M	$-1.71M	$-2.20M	$-819.57K	$-1.64M	$-1.94M	$-2.84M	$-521.55K	$1.04M	$74.51K	$-1.64M	$-3.95M	$-223.52K	$-3.46M	$-1.41M	$2.61M	$-1.04M	$-3.13M	$80.45K
High Forecast	$633.31K	$-670.56K	$-1.04M	$-1.38M	$-707.81K	$-1.49M	$-2.46M	$-2.83M	$-1.86M	$-2.38M	$-1.71M	$-2.20M	$-819.57K	$-1.64M	$-1.94M	$-2.28M	$-521.55K	$1.04M	$74.51K	$-1.64M	$-3.95M	$-223.52K	$-3.46M	$-1.13M	$2.61M	$-1.04M	$-3.13M	$96.54K
Low Forecast	$633.31K	$-670.56K	$-1.04M	$-1.38M	$-707.81K	$-2.24M	$-2.46M	$-2.83M	$-1.86M	$-2.38M	$-1.71M	$-2.20M	$-819.57K	$-1.64M	$-1.94M	$-3.41M	$-521.55K	$1.04M	$74.51K	$-1.64M	$-3.95M	$-223.52K	$-3.46M	$-1.69M	$2.61M	$-1.04M	$-3.13M	$64.36K
Surprise %	-	-	-	-	-	-	-	-	1.70%	1.24%	1.74%	0.97%	1.15%	1.21%	0.67%	0.93%	0.39%	-2.35%	-39.63%	0.25%	0.11%	12.12%	0.42%	1.52%	0.22%	1.10%	0.62%	0.55%

Duos Technologies Group's average Quarter net income forecast for Mar 20 is $-1.41M, with a range of $-1.69M to $-1.13M. DUOT's average Quarter net income forecast represents a -343.39% decrease compared to the company's last Quarter net income of $578.81K (Dec 19).

Duos Technologies Group SG&A Forecast

	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19	Jun 19	Mar 19
# Analysts	1	1	1	1	1	2	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1
SG&A	-	-	-	-	-	-	-	-	$3.06M	$353.39K	$2.85M	$2.28M	$2.75M	$2.64M	$2.15M	$2.43M	$803.40K	$1.33M	$1.33M	$1.19M	$1.81M	$2.79M	$2.02M	$1.78M	$2.42M	$2.06M	$2.01M	$1.97M
Avg Forecast	$7.49M	$5.14M	$4.14M	$2.74M	$5.92M	$2.44M	$1.09M	$1.22M	$2.61M	$2.13M	$2.26M	$2.13M	$6.05M	$5.09M	$2.35M	$871.06K	$3.27M	$6.97M	$6.10M	$4.36M	$2.87M	$3.92M	$1.66M	$958.17K	$4.91M	$2.61M	$1.22M	$2.18M
High Forecast	$7.49M	$5.14M	$4.14M	$2.74M	$5.92M	$2.79M	$1.09M	$1.22M	$2.61M	$2.13M	$2.26M	$2.13M	$6.05M	$5.09M	$2.35M	$871.06K	$3.27M	$6.97M	$6.10M	$4.36M	$2.87M	$3.92M	$1.66M	$958.17K	$4.91M	$2.61M	$1.22M	$2.18M
Low Forecast	$7.49M	$5.14M	$4.14M	$2.74M	$5.92M	$2.09M	$1.09M	$1.22M	$2.61M	$2.13M	$2.26M	$2.13M	$6.05M	$5.09M	$2.35M	$871.06K	$3.27M	$6.97M	$6.10M	$4.36M	$2.87M	$3.92M	$1.66M	$958.17K	$4.91M	$2.61M	$1.22M	$2.18M
Surprise %	-	-	-	-	-	-	-	-	1.17%	0.17%	1.26%	1.07%	0.45%	0.52%	0.91%	2.79%	0.25%	0.19%	0.22%	0.27%	0.63%	0.71%	1.22%	1.86%	0.49%	0.79%	1.64%	0.91%

Duos Technologies Group's average Quarter SG&A projection for Mar 24 is $1.22M, based on 1 Wall Street analysts, with a range of $1.22M to $1.22M. The forecast indicates a -60.20% fall compared to DUOT last annual SG&A of $3.06M (Dec 23).

Duos Technologies Group EPS Forecast

	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19	Jun 19	Mar 19
# Analysts	1	1	1	1	1	2	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1
EPS	-	-	-	-	-	-	-	-	$-0.43	$-0.41	$-0.42	$-0.30	$-0.15	$-0.31	$-0.21	$-0.49	$-0.06	$-0.68	$-0.83	$-0.11	$-0.12	$-0.77	$-0.42	$-0.80	$0.22	$-0.56	$-1.12	$0.03
Avg Forecast	$0.09	$-0.09	$-0.14	$-0.18	$-0.10	$-0.25	$-0.33	$-0.38	$-0.25	$-0.32	$-0.23	$-0.29	$-0.11	$-0.22	$-0.26	$-0.53	$-0.07	$0.14	$0.01	$-0.22	$-0.53	$-0.03	$-0.47	$-0.57	$0.35	$-0.14	$-0.42	$-0.42
High Forecast	$0.09	$-0.09	$-0.14	$-0.18	$-0.10	$-0.20	$-0.33	$-0.38	$-0.25	$-0.32	$-0.23	$-0.29	$-0.11	$-0.22	$-0.26	$-0.53	$-0.07	$0.14	$0.01	$-0.22	$-0.53	$-0.03	$-0.47	$-0.57	$0.35	$-0.14	$-0.42	$-0.42
Low Forecast	$0.09	$-0.09	$-0.14	$-0.18	$-0.10	$-0.30	$-0.33	$-0.38	$-0.25	$-0.32	$-0.23	$-0.29	$-0.11	$-0.22	$-0.26	$-0.53	$-0.07	$0.14	$0.01	$-0.22	$-0.53	$-0.03	$-0.47	$-0.57	$0.35	$-0.14	$-0.42	$-0.42
Surprise %	-	-	-	-	-	-	-	-	1.72%	1.28%	1.83%	1.02%	1.36%	1.41%	0.81%	0.92%	0.81%	-4.86%	-83.00%	0.50%	0.23%	25.67%	0.90%	1.40%	0.62%	4.00%	2.67%	-0.07%

According to 1 Wall Street analysts, Duos Technologies Group's projected average Quarter EPS for Mar 20 is $-0.57, with a low estimate of $-0.57 and a high estimate of $-0.57. This represents a -364.66% decrease compared to DUOT previous annual EPS of $0.22 (Dec 19).

Duos Technologies Group Peer Comparison by Price Target

Ticker	Company	Last Closing Price	Avg Price Target	Upside/Downside	Avg Rating
MYSZ	My Size	$1.21	$5.00	313.22%	Buy
RBT	Rubicon	$0.17	$0.60	252.94%	Buy
AMSWA	American Software	$10.95	$15.50	41.55%	Buy
ALKT	Alkami	$37.81	$45.67	20.79%	Buy
DUOT	Duos Technologies Group	$4.60	$5.50	19.57%	-
BCOV	Brightcove	$2.95	$3.50	18.64%	Buy
OCFT	OneConnect Financial	$2.20	$0.12	-94.55%	Buy

DUOT Forecast FAQ

Will Duos Technologies Group stock go up soon?

According to Wall Street analysts' prediction for DUOT stock, the company can go up by 19.57% (from the last price of $4.6 to the average price target of $5.5), up by 19.57% based on the highest stock price target, and up by 19.57% based on the lowest stock price target.

Can Duos Technologies Group stock reach $7?

DUOT's average twelve months analyst stock price target of $5.5 does not support the claim that Duos Technologies Group can reach $7 in the near future.

What are Duos Technologies Group's analysts' financial forecasts?

Duos Technologies Group's analysts financial forecasts for the fiscal year (Dec 2024) are as follows: average revenue is $12.25M (high $12.65M, low $11.85M), average EBITDA is $-7.319M (high $-7.08M, low $-7.558M), average net income is $-7.86M (high $-7.488M, low $-8.233M), average SG&A $10.67M (high $11.02M, low $10.32M), and average EPS is $-1.055 (high $-1.005, low $-1.105). DUOT's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $22.4M (high $22.4M, low $22.4M), average EBITDA is $-13.383M (high $-13.383M, low $-13.383M), average net income is $-2.459M (high $-2.459M, low $-2.459M), average SG&A $19.51M (high $19.51M, low $19.51M), and average EPS is $-0.33 (high $-0.33, low $-0.33).

Did the DUOT's actual financial results beat the analysts' financial forecasts?

Based on Duos Technologies Group's last annual report (Dec 2023), the company's revenue was $7.47M, which missed the average analysts forecast of $10.5M by -28.85%. Apple's EBITDA was $-11.447M, beating the average prediction of $-6.273M by 82.47%. The company's net income was $-11.242M, beating the average estimation of $-8.158M by 37.79%. Apple's SG&A was $1.49M, missing the average forecast of $9.15M by -83.67%. Lastly, the company's EPS was $-1.56, beating the average prediction of $-1.095 by 42.47%. In terms of the last quarterly report (Dec 2023), Duos Technologies Group's revenue was $1.53M, missing the average analysts' forecast of $3M by -49.14%. The company's EBITDA was $-2.942M, beating the average prediction of $-1.792M by 64.13%. Duos Technologies Group's net income was $-3.161M, beating the average estimation of $-1.863M by 69.70%. The company's SG&A was $3.06M, beating the average forecast of $2.61M by 17.25%. Lastly, the company's EPS was $-0.43, beating the average prediction of $-0.25 by 72.00%