Why Did Digital Ally Soar 15.63%? New Patents Fuel Growth

On April 29, 2025, Digital Ally's stock surged by 15.63% in pre-market trading, marking a significant rise that has caught the attention of investors and analysts alike.

Digital Ally has recently secured six new patents in the video technology sector, a move that analysts believe will significantly enhance the company's market position. These patents, granted by the U.S. Patent and Trademark Office, are expected to bolster Digital Ally's technological edge in areas such as law enforcement and fleet safety, providing a strong foundation for future growth.

Analysts have set a one-year target price of $11.00 for Digital Ally, reflecting a potential upside of 37,442.66% from its current trading price. This optimistic outlook is supported by a consensus rating of "Outperform," indicating that the company is poised for substantial growth in the coming year.

The GF Value projection for Digital Ally suggests a fair value of $2.20 within the next year, implying a remarkable upside of 7408.53% from the current price. This metric, based on historical trading multiples and future performance forecasts, underscores the company's potential for significant growth and investor returns.