Digital Ally, Inc. (DGLY)
NASDAQ: DGLY · IEX Real-Time Price · USD
2.190
+0.010 (0.46%)
At close: Apr 24, 2024, 3:27 PM
2.080
-0.110 (-5.02%)
After-hours: Apr 24, 2024, 4:00 PM EDT

Digital Ally Stock Forecast

Stock Price Forecast

The 1 analyst with a 12-month price forecast for Digital Ally stock has a target of 15, which predicts an increase of 584.93% from the current stock price of 2.19.

Analyst Consensus: Strong Buy
Target Low Average Median High
Price $15 $15 $15 $15
Change +584.93% +584.93% +584.93% +584.93%
* Price targets were last updated on May 18, 2023.

Analyst Ratings

According to 1 stock analyst, the rating for Digital Ally is "Strong Buy". This means that the analyst believes this stock is likely to perform very well in the near future and significantly outperform the market.

Recommendation Trends

Rating Dec '22Jan '23Feb '23Mar '23Apr '23May '23
Strong Buy 111111
Buy 000000
Hold 000000
Sell 000000
Strong Sell 000000
Total 111111

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
EF Hutton
EF Hutton
Strong Buy
Reiterates
$15
Strong Buy Reiterates $15 +584.93% May 18, 2023
EF Hutton
EF Hutton
Strong Buy
Reiterates
$15
Strong Buy Reiterates $15 +584.93% Apr 5, 2023
EF Hutton
EF Hutton
Strong Buy
Maintains
$2.5$15
Strong Buy Maintains $2.5$15 +584.93% Feb 13, 2023
EF Hutton
EF Hutton
Strong Buy
Initiates
$50
Strong Buy Initiates $50 +2,183.11% Jan 18, 2022
Aegis Capital
Aegis Capital
Strong Buy
Initiates
n/a
Strong Buy Initiates n/a n/a Jun 29, 2020
More Analyst Ratings

Financial Forecast

Revenue This Year
34.50M
from 28.25M
Increased by 22.14%
Revenue Next Year
n/a
from 34.50M
EPS This Year
-9.26
from -9.22
EPS Next Year
n/a
from -9.26
Year 201920202021202220232024
Revenue
10.44M10.51M21.41M37.01M28.25M34.50M
Revenue Growth
-7.53%0.70%103.65%72.83%-23.67%22.14%
EPS
-17.40-2.4010.14-8.50-9.22-9.26
EPS Growth
------
No. Analysts -----3
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 2024
High 35.5M
Avg 34.5M
Low 33.1M

Revenue Growth

Revenue Growth 2024
High
25.7%
Avg
22.1%
Low
17.3%

EPS Forecast

EPS 2024
High -9.53
Avg -9.26
Low -8.90

EPS Growth

EPS Growth 2024
High -
Avg -
Low -
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.