Key Takeaways:
- Digital Ally (DGLY, Financial) faces Nasdaq non-compliance for missing its annual report deadline.
- The average analyst price target suggests significant upside potential for DGLY shares.
- DGLY's GF Value indicates substantial growth possibilities from its current trading price.
Digital Ally, Inc. (DGLY) has encountered a critical compliance issue with Nasdaq. The company failed to submit its annual report for the fiscal year ending December 31, 2024, prompting Nasdaq to issue a notice of non-compliance. To rectify this situation, DGLY must respond with a corrective plan by April 30, 2025. Nonetheless, the market reacted positively, as DGLY shares increased by 2% in post-market trading on Friday.
Wall Street Analysts' Forecasts
According to the insights from one analyst, the average price target for Digital Ally Inc. over the next year stands at $11.00. This prediction represents a potential upside of 39,045.91% from its recent price of $0.03. Investors seeking further details can explore the comprehensive analytics on the Digital Ally Inc (DGLY, Financial) Forecast page.
In terms of market sentiment, the consensus from one brokerage firm rates Digital Ally Inc. as a 2.0, implying an "Outperform" status on the scale where 1 signifies a Strong Buy and 5 indicates a Sell.
Digital Ally's GF Value Estimation
GuruFocus's estimations place the GF Value of Digital Ally Inc. at $2.20 by next year. This value projects an impressive upside of 7729.18% from its current trading price of $0.0281. The GF Value is a crucial metric, reflecting the fair market value by considering historical performance, past business growth, and anticipated future outcomes. Investors can delve deeper into this analysis on the Digital Ally Inc (DGLY, Financial) Summary page.
