Key Highlights:
- Digital Ally (DGLY, Financial) implements a 1-for-100 reverse stock split, effective May 23, 2025.
- Analyst sees a significant upside, projecting a target price of $11.00 from a mere $0.04.
- GuruFocus' GF Value predicts a future value of $25.65, indicating considerable growth potential.
Digital Ally Announces Reverse Stock Split
In a strategic move to align with market standards, Digital Ally (DGLY) has declared a 1-for-100 reverse split of its common stock. With this adjustment, the company aims to meet necessary market requirements. Investors will see the revised shares commence trading on May 23, 2025, marking a pivotal step in Digital Ally's market positioning efforts.
Analyst Price Target and Expectations
According to forecasts from a single analyst, the one-year price target for Digital Ally Inc (DGLY, Financial) stands firmly at $11.00. This target, unchanged across low and high estimates, reflects an extraordinary potential upside of 30,455.56% from the current share price of $0.04. For investors keen on delving deeper into these projections, further estimations are available on the Digital Ally Inc (DGLY) Forecast page.
Brokerage Recommendation: "Outperform"
Presently, Digital Ally Inc (DGLY, Financial) holds an average brokerage recommendation of 2.0, suggesting an "Outperform" rating. This consensus arises from the evaluations of one brokerage firm and is based on a rating system where 1 equates to a "Strong Buy" and 5 signifies a "Sell." Investors considering adding DGLY to their portfolios can interpret this as a favorable professional endorsement.
Evaluating Future Value with GF Value
GuruFocus provides a compelling estimated GF Value for Digital Ally Inc (DGLY, Financial), positioning it at $25.65 in the coming year. Such an estimate indicates a staggering upside of 71,150% from the present market price of $0.036. The GF Value metric, a hallmark of GuruFocus, is anchored in historical trading multiples, past business performance, and future growth projections. For a comprehensive view of this valuation and more, visit the Digital Ally Inc (DGLY) Summary page.
