Digital Ally (DGLY, Financial) recently announced that the Nasdaq Hearings Panel has approved its appeal for continued listing on the Nasdaq Stock Market. This decision, dated May 1, 2025, allows the company to maintain its listing status, contingent upon fulfilling several conditions.
To remain listed, Digital Ally must meet specific requirements, including achieving $2.5 million in stockholders’ equity by May 20, 2025, and maintaining a minimum bid price of $1.00 per share by June 6, 2025. Additionally, the company is required to adhere to all other pertinent listing criteria through September 2, 2025.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 1 analysts, the average target price for Digital Ally Inc (DGLY, Financial) is $11.00 with a high estimate of $11.00 and a low estimate of $11.00. The average target implies an upside of 2,015.38% from the current price of $0.52. More detailed estimate data can be found on the Digital Ally Inc (DGLY) Forecast page.
Based on the consensus recommendation from 1 brokerage firms, Digital Ally Inc's (DGLY, Financial) average brokerage recommendation is currently 2.0, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Digital Ally Inc (DGLY, Financial) in one year is $2.20, suggesting a upside of 323.08% from the current price of $0.52. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Digital Ally Inc (DGLY) Summary page.
