We project 1% year-over-year revenue growth in 2Q:F26, with an acceleration in sales in 2H:26 driving a 10% revenue increase for full year F2026. The company has made strides in it business transformation, and the results are already starting to show. We expect the company to reap benefits in the years to come with better software systems and improved pricing, reflecting DAKT's strong value proposition. Management says it expects revenue to grow faster than the overall market at 7%-10%, with an operating margin of 10%-12% and a return on invested capital (ROIC) of 17%-20% by F2028. Improved working capital has aided cash flow generation and boosted the balance sheet. We expect DAKT to continue to reinvest in organic growth and acquire new technologies, enter adjacent geographies and/or new end markets, and continue to buy back shares. We derive our $24 price target by applying a 20x multiple to our F2027 EPS projection of $1.24. The company's trajectory for sustained profitability, solid balance sheet and expanded cash flow support our moderate risk rating.