Duos Technologies Group (DUOT) AI Stock Analysis

• Market Cap: $157.61M
• Dividend Yield: N/A
• Average Volume (3M): 192.40K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.52
• Revenue Growth: 159.00%
• EPS Growth: 33.19%
• Country: US
• Employees: 79
• Sector: Technology
• Sector Strength: 88
• Industry: Software - Application
• EPS (TTM): -0.06
• Shares Outstanding: 20,874,870
• 10 Day Avg. Volume: 103,418
• 30 Day Avg. Volume: 192,396
• PEG Ratio: 0.39
• Price to Book (P/B): 20.46
• Price to Sales (P/S): 6.35
• P/FCF Ratio: -8.68
• Enterprise Value/Market Cap: 0.82
• Enterprise Value/Revenue: 6.78
• Enterprise Value/Gross Profit: 25.72
• Enterprise Value/Ebitda: -20.43
• 1Y Price Target: $14.00
• Price Target Upside: 67.06% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1
• EPS Forecast (FY): 0.12
• Revenue Forecast (FY): $40.10M

• Rating: 55 Neutral
• Price Target: $9.50 ▲(13.37% Upside)
• Action: Reiterated Date: 12/31/25
• Date: Action: Reiterated 12/31/25

The score is held back most by weak financial quality (large net losses, negative operating/free cash flow, and elevated leverage) despite strong revenue growth. Offsetting this, the latest earnings call showed meaningful operational improvement (positive adjusted EBITDA, strong liquidity, and reaffirmed revenue guidance) and the stock’s technical trend remains bullish with price above key moving averages, though momentum looks stretched (RSI > 70). Valuation remains constrained by losses (negative P/E) and no dividend yield data.

Positive Factors

Strong revenue growth

Sustained double‑digit, multi‑quarter revenue growth indicates expanding market traction and customer adoption of Duos' solutions. This durable top‑line momentum, underpinned by recurring service contracts, supports scaling and investment in product and geographic expansion over the next several quarters.

Positive adjusted EBITDA

Turning adjusted EBITDA positive demonstrates improving unit economics and operational leverage. If sustained, this supports margin normalization as revenue scales, reduces reliance on financing for operations, and signals management progress toward converting revenue growth into durable cash‑flow improvements.

Strong liquidity position

A sizable cash/receivables buffer materially improves execution optionality for deploying Edge Data Centers and funding near‑term growth initiatives without immediate external capital. This liquidity reduces short‑term refinancing risk and supports multi‑quarter rollout and R&D investments.

Negative Factors

Deep net losses and negative margins

Large, persistent net losses and a deeply negative net margin indicate the business is not yet generating sustainable shareholder returns. Continued negative profitability limits reinvestment capacity, depresses ROE, and necessitates ongoing funding until structural margin improvements are proven.

Negative operating and free cash flow

Ongoing negative operating and free cash flows create reliance on financing or working capital to fund growth. Even with FCF growth rates improving, persistent cash burn threatens multi‑quarter sustainability if revenue or collections slow, increasing dilution or leverage risk.

Concentration on APR Energy agreement

Material revenue concentration from a single Asset Management Agreement creates cliff risk when the contract ends. Loss or non‑renewal could meaningfully reduce recurring revenue and backlog, making diversification of clients and contracts a structural priority to stabilize multi‑quarter cash flows.

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 through multiple streams, primarily by selling software solutions and systems integration services to transportation companies and government agencies. The company often engages in long-term contracts for the deployment and maintenance of its technologies, which provide a steady income stream. Furthermore, Duos benefits from partnerships with other technology providers and industry players that enhance its offerings and expand its market reach. Additional revenue is generated through consulting services, which assist clients in optimizing their operations using Duos' advanced technologies. Overall, the combination of product sales, service contracts, and strategic alliances contributes significantly to the company's financial performance.

Duos Technologies Group Financial Statement Overview

Summary

Revenue growth is strong (23.64% TTM) and gross margin improved (22.24% TTM), but profitability remains weak with deeply negative net margin (-67.62% TTM). Cash flow is also a concern with negative operating and free cash flow, and leverage is elevated (debt-to-equity 1.66) with negative ROE.

Income Statement

Duos Technologies Group shows a significant revenue growth rate of 23.64% in the TTM, indicating positive sales momentum. However, the company struggles with profitability, as evidenced by negative net profit, EBIT, and EBITDA margins. The gross profit margin has improved to 22.24% in the TTM, but the net profit margin remains deeply negative at -67.62%, highlighting ongoing operational challenges.

Balance Sheet

The balance sheet reflects a high debt-to-equity ratio of 1.66 in the TTM, suggesting potential leverage risks. The return on equity is negative, indicating that the company is not generating profit from its equity base. However, the equity ratio is relatively stable, showing that equity constitutes a significant portion of total assets.

Cash Flow

The cash flow statement reveals a concerning trend with negative operating and free cash flows. Despite a free cash flow growth rate of 68.34% in the TTM, the company continues to face cash flow challenges, as indicated by negative operating cash flow to net income ratio. The free cash flow to net income ratio is positive, suggesting some efficiency in converting net income to free cash flow.

Breakdown	TTM	Mar 2025	Mar 2024	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	19.03M	7.28M	7.47M	15.01M	8.26M	8.04M
Gross Profit	5.02M	469.21K	1.31M	4.75M	2.04M	235.84K
EBITDA	-6.32M	-7.92M	-10.37M	-6.27M	-5.46M	-6.14M
Net Income	-10.04M	-10.76M	-11.24M	-6.86M	-6.01M	-6.75M
Balance Sheet
Total Assets	69.79M	34.96M	12.84M	13.09M	9.48M	6.41M
Cash, Cash Equivalents and Short-Term Investments	33.20M	6.27M	2.44M	1.12M	893.72K	3.97M
Total Debt	4.67M	8.53M	5.05M	5.34M	5.21M	1.85M
Total Liabilities	20.29M	32.70M	7.48M	9.04M	8.70M	4.52M
Stockholders Equity	49.50M	2.26M	5.37M	4.05M	781.49K	1.88M
Cash Flow
Free Cash Flow	-16.39M	-5.33M	-9.84M	-8.52M	-7.13M	-4.52M
Operating Cash Flow	-8.29M	-3.49M	-8.75M	-7.87M	-6.58M	-4.23M
Investing Cash Flow	-8.16M	-1.84M	-1.09M	-644.89K	-552.94K	-287.33K
Financing Cash Flow	49.00M	9.15M	11.16M	8.75M	4.06M	8.43M

Duos Technologies Group Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 8.38
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For DUOT, the sentiment is Negative. The current price of 8.38 is below the 20-day moving average (MA) of 8.99, below the 50-day MA of 9.78, and below the 200-day MA of 8.45, indicating a bearish trend. The MACD of -0.47 indicates Positive momentum. The RSI at 34.38 is Neutral, neither overbought nor oversold. The STOCH value of 39.53 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for DUOT.

Duos Technologies Group Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	61 Neutral	$37.18B	12.37	-10.20%	1.83%	8.50%	-7.62%
DUOT	55 Neutral	$157.61M	-7.95	-38.62%	―	159.00%	33.19%
SSTI	49 Neutral	$92.70M	-8.62	-14.61%	―	-1.83%	-642.89%
AEYE	48 Neutral	$84.69M	-23.88	-54.03%	―	18.57%	-2.15%
SVCO	46 Neutral	$103.51M	-3.29	-33.56%	―	15.40%	40.28%
MRT	45 Neutral	$159.78M	-1.79	―	―	―	―

Duos Technologies Group Corporate Events

Duos Technologies Appoints Leah Brown as New CFO

On November 12, 2025, Duos Technologies Group, Inc. announced the retirement of Adrian Goldfarb as Chief Financial Officer, effective November 15, 2025, with Leah Brown appointed as his successor. Brown, who has been with the company since July 2022 and has over 30 years of industry experience, is expected to leverage her extensive expertise in strategic financial leadership to drive sustainable growth and shareholder value for the company.

The most recent analyst rating on (DUOT) stock is a Hold with a $9.00 price target. To see the full list of analyst forecasts on Duos Technologies Group stock, see the DUOT Stock Forecast page.

Duos Technologies Reports 112% Revenue Increase in Q3 2025

Duos Technologies Group reported a 112% increase in quarterly revenue for Q3 2025, driven by its Asset Management Agreement with New APR Energy and growth in its energy services business. The company achieved its highest revenue for the first nine months in its history, with significant improvements in gross margins and a reduction in net operating loss. Duos also expanded its market presence through strategic partnerships and innovations, including a U.S. patent for a modular data center entryway, positioning itself as a differentiated provider in the digital infrastructure market.

The most recent analyst rating on (DUOT) stock is a Hold with a $9.00 price target. To see the full list of analyst forecasts on Duos Technologies Group stock, see the DUOT Stock Forecast page.