Digital Ally, Inc. Reduces Backlog and Secures High-Value Contracts, Advancing Operational Efficiency
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jun 17 2025
0mins
Source: NASDAQ.COM
Backlog Reduction and New Contracts: Digital Ally has successfully reduced its backlog from $2.2 million to $1.7 million while securing seven new contracts expected to generate over $800,000 in revenue.
Focus on Operational Efficiency: The company aims to enhance operational efficiency to improve customer satisfaction and ensure faster service delivery, as stated by CEO Stanton Ross.
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Analyst Views on DGLY
Wall Street analysts forecast DGLY stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for DGLY is 4.00 USD with a low forecast of 4.00 USD and a high forecast of 4.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
1 Analyst Rating
1 Buy
0 Hold
0 Sell
Moderate Buy
Current: 2.615
Low
4.00
Averages
4.00
High
4.00
Current: 2.615
Low
4.00
Averages
4.00
High
4.00
No data
About DGLY
Digital Ally, Inc., through its subsidiaries, is engaged in video solution technology, healthcare revenue cycle management, ticket brokering and marketing and event production. The Company's segment includes Video Solutions, Revenue Cycle Management, and Entertainment. The Video Solutions Segment encompasses its law, commercial, and shield divisions. This segment includes both services and products through its subscription models offering cloud and warranty solutions, and hardware sales for video and health safety solutions. The Revenue Cycle Management Segment provides working capital and back-office services to a variety of healthcare organizations throughout the country. The Entertainment Segment acts as an intermediary between ticket buyers and sellers within its secondary ticketing platform, ticketsmarter.com, and it also acquires tickets from primary sellers to then sell through various platforms.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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