Duos Technologies Group (DUOT) AI Stock Analysis

• Market Cap: $87.40M
• Dividend Yield: N/A
• Average Volume (3M): 129.50K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.89
• Revenue Growth: 89.27%
• EPS Growth: 26.30%
• Country: US
• Employees: 79
• Sector: Technology
• Sector Strength: 77
• Industry: Software - Application
• EPS (TTM): -0.18
• Shares Outstanding: 11,653,905
• 10 Day Avg. Volume: 138,924
• 30 Day Avg. Volume: 129,497
• PEG Ratio: -0.65
• Price to Book (P/B): 17.84
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -11.02
• Enterprise Value/Market Cap: 1.12
• Enterprise Value/Revenue: 3.12
• Enterprise Value/Gross Profit: 58.11
• Enterprise Value/Ebitda: -2.87
• 1Y Price Target: $11.50
• Price Target Upside: 52.52% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 2

Duos Technologies Group's overall stock score reflects significant financial challenges, with high leverage and negative profitability margins weighing heavily. Despite this, the positive earnings call and strong technical momentum provide a favorable outlook, albeit tempered by valuation concerns. The company's strategic growth in key segments offers potential upside, but financial stability must improve to realize this potential.

Positive Factors

Business Expansion

Duos Technologies Group announced a major expansion into two new businesses: data centers and power, which are expected to drive strong revenue.

Financial Performance

Q3 revenue grew +112% (y-o-y) from improved contracts revenue.

Guidance

The company provided initial 2025 guidance for revenue of $28 – 30 million, which is a strong indicator of expected growth.

Negative Factors

Competition

The market opportunity for the Rail Inspection Portal business is substantial, with an estimated 10 million railcar scans in 2024.

Market Conditions

The backlog at Q4 was significantly increased to $51 million, up from $19 million, indicating a substantial pipeline of future work.

Duos Technologies Group Business Overview & Revenue Model

Company Description

Duos Technologies Group, Inc. designs, develops, deploys, and operates intelligent technology solutions in North America. Its technology platforms used in its solutions include centraco, an enterprise information management system; 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, as well as Praesidium to manage various image capture devices and some sensors for input into the centraco software. The company's proprietary applications include Railcar Inspection Portal for the automated inspection of freight and transit trains while in motion; Vehicle Undercarriage Examiner to inspect the undercarriage of railcars; Thermal Undercarriage Examiner; Enterprise Command and Control Suite for information consolidation, connectivity, and communications; and Automated Logistics Information Systems, a proprietary intelligent system to automate security gate operations. It also provides IT asset management services for data centers operators; maintenance and technical support services; consulting and auditing; software licensing with optional hardware sales; and training services. The company is headquartered in Jacksonville, Florida.

How the Company Makes Money

Duos Technologies Group generates revenue by selling its advanced technology solutions and services to clients in the transportation and logistics sectors. The company earns money through the sale of its automated inspection systems, which help clients improve safety and efficiency by automating the inspection process of railcars and other transportation assets. Additionally, Duos Technologies offers data management and analytics services that provide clients with actionable insights to optimize their operations. The company may also engage in strategic partnerships and collaborations that contribute to its earnings by expanding its market reach and enhancing its product offerings.

Duos Technologies Group Financial Statement Overview

Summary

Duos Technologies Group faces substantial financial challenges with high leverage, negative profitability margins, and reliance on financing to sustain operations. Despite strong revenue growth, the persistent net losses and negative cash flows highlight the need for strategic improvements to enhance financial stability and profitability.

Income Statement

Duos Technologies Group shows mixed performance with significant challenges. The TTM (Trailing-Twelve-Months) data indicates a negative gross profit margin of 15.1% and a severe net profit margin of -90.4%, highlighting profitability issues. The revenue growth rate is strong at 53.3% from 2024 to TTM 2025, but with high negative EBIT and EBITDA margins at -89.7% and -64.5% respectively, profitability remains a concern.

Balance Sheet

The balance sheet reveals a high debt-to-equity ratio of 1.52, indicating significant leverage, which poses financial risk. The return on equity (ROE) is deeply negative at -196.0%, reflecting poor returns for shareholders. Furthermore, the equity ratio of 15.1% suggests limited equity buffer relative to total assets, underscoring financial vulnerability.

Cash Flow

The cash flow analysis highlights significant challenges with free cash flow and operating cash flow both negative. The free cash flow growth rate shows deterioration, and while the financing activities provide cash inflows, the operating cash flow to net income ratio remains negative. This indicates reliance on external financing amidst operating losses.

Breakdown
TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement		Total Revenue
11.16M	7.28M	7.47M	15.01M	8.26M	8.04M
	Gross Profit
1.69M	469.21K	1.31M	4.75M	-2.56M	2.79M
	EBIT
-10.01M	-10.98M	-11.45M	-6.87M	-7.46M	-6.63M
	EBITDA
-7.20M	-7.92M	-10.37M	-6.27M	-5.44M	-6.14M
	Net Income Common Stockholders
-10.09M	-10.76M	-11.24M	-6.86M	-6.97M	-6.93M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
3.80M	6.27M	2.44M	1.12M	893.72K	3.97M
	Total Assets
34.09M	34.96M	12.84M	13.09M	9.48M	6.41M
	Total Debt
7.85M	8.53M	5.05M	5.34M	5.21M	1.85M
	Net Debt
4.05M	2.27M	2.61M	4.22M	4.32M	-2.12M
	Total Liabilities
28.94M	32.70M	7.48M	9.04M	8.70M	4.52M
	Stockholders Equity
5.15M	2.26M	5.37M	4.05M	781.49K	1.88M
Cash Flow		Free Cash Flow
-8.53M	-5.32M	-9.84M	-8.52M	-7.13M	-4.52M
	Operating Cash Flow
-6.13M	-3.49M	-8.75M	-7.87M	-6.58M	-4.23M
	Investing Cash Flow
-2.41M	-1.84M	-1.09M	-644.89K	-552.94K	-287.33K
	Financing Cash Flow
9.36M	9.15M	11.16M	8.75M	4.06M	8.43M

Duos Technologies Group Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 7.54
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For DUOT, the sentiment is Positive. The current price of 7.54 is above the 20-day moving average (MA) of 7.06, above the 50-day MA of 6.11, and above the 200-day MA of 4.91, indicating a bullish trend. The MACD of 0.46 indicates Negative momentum. The RSI at 59.32 is Neutral, neither overbought nor oversold. The STOCH value of 55.61 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for DUOT.

Duos Technologies Group Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
INLX	63 Neutral	$53.50M	―	-10.79%	―	3.21%	-550.35%
Sector *	60 Neutral	$11.59B	10.34	-7.15%	2.94%	7.49%	-10.88%
DUOT	53 Neutral	$87.40M	―	-189.13%	―	89.27%	26.30%
SURG	52 Neutral	$59.40M	―	-170.91%	―	-70.08%	-330.51%
PHUN	37 Underperform	$61.52M	―	-19.87%	―	―	―

Duos Technologies Group Corporate Events

Duos Technologies Appoints James Nixon as Chairman

On May 13, 2025, Duos Technologies Group announced the election of James Craig Nixon as the Chairman of the Board. The Board also appointed members to its committees, with Ned Mavrommatis, James Craig Nixon, and Frank A. Lonegro taking on roles in the Audit, Compensation, and Corporate Governance and Nominating Committees, potentially impacting the company’s governance and strategic direction.

The most recent analyst rating on (DUOT) stock is a Buy with a $5.50 price target. To see the full list of analyst forecasts on Duos Technologies Group stock, see the DUOT Stock Forecast page.

Spark’s Take on DUOT Stock

According to Spark, TipRanks’ AI Analyst, DUOT is a Neutral.

Duos Technologies Group is currently facing significant financial challenges, with high leverage and negative profitability margins impacting its stability. The technical analysis indicates positive momentum, but caution is advised due to potential overbought conditions. The company’s valuation is strained by operating losses, yet the recent earnings call provides a positive outlook with strong revenue growth and improved margins. While the stock has potential, the financial hurdles and valuation concerns weigh heavily on its overall score.

To see Spark’s full report on DUOT stock, click here.

Duos Technologies Reports 363% Revenue Surge in Q1 2025

Duos Technologies Group reported a significant 363% increase in revenue for the first quarter of 2025, reaching approximately $5 million, primarily driven by its services and consulting business under the Asset Management Agreement with New APR Energy. The company also saw improvements in gross margin and a decrease in net loss, despite delays in deploying its high-speed Railcar Inspection Portals, and anticipates continued growth throughout 2025 with expected revenues between $28 million and $30 million.

The most recent analyst rating on (DUOT) stock is a Buy with a $5.50 price target. To see the full list of analyst forecasts on Duos Technologies Group stock, see the DUOT Stock Forecast page.

Spark’s Take on DUOT Stock

According to Spark, TipRanks’ AI Analyst, DUOT is a Neutral.

Duos Technologies Group is currently facing significant financial challenges, with high leverage and negative profitability margins impacting its stability. The technical analysis indicates positive momentum, but caution is advised due to potential overbought conditions. The company’s valuation is strained by operating losses, yet the recent earnings call provides a positive outlook with strong revenue growth and improved margins. While the stock has potential, the financial hurdles and valuation concerns weigh heavily on its overall score.

To see Spark’s full report on DUOT stock, click here.

Duos Technologies Group Reports 2024 Financial Results

Duos Technologies Group reported its financial results for the fourth quarter and full year of 2024, highlighting a transformative year with the addition of two new business lines and a significant contract with New APR Energy and Fortress Investment Group valued at up to $42 million. Despite a decrease in total revenue for Q4 2024 by 4% compared to Q4 2023, the company saw a 9% increase in recurring services and consulting revenue. The company also faced a net loss of $3.41 million for Q4 2024, attributed to higher interest costs related to acquisitions. However, Duos strengthened its balance sheet with increased cash equivalents and inventory, and anticipates continued growth in service revenue supported by a growing backlog and new technology systems expected in 2025.