Digi International (NASDAQ:DGII) Updates Q2 2026 Earnings Guidance

Digi International (NASDAQ:DGII) updated its second quarter 2026 earnings guidance on Wednesday. The company provided earnings per share guidance of 0.560-0.590 for the period, compared to the consensus earnings per share estimate of 0.540. The company issued revenue guidance of $124.0 million-$128.0 million, compared to the consensus revenue estimate of $118.0 million.

Analysts Set New Price Targets

A number of research analysts have recently issued reports on the stock. Piper Sandler lifted their price objective on shares of Digi International from $41.00 to $46.00 and gave the stock a “neutral” rating in a research report on Monday, January 5th. Wall Street Zen raised shares of Digi International from a “buy” rating to a “strong-buy” rating in a report on Saturday. Weiss Ratings reiterated a “hold (c+)” rating on shares of Digi International in a report on Wednesday, December 24th. Stephens boosted their target price on Digi International from $50.00 to $55.00 and gave the stock an “overweight” rating in a research note on Friday, January 2nd. Finally, Roth Mkm upped their target price on Digi International from $45.00 to $50.00 and gave the company a “buy” rating in a research report on Thursday, November 13th. Four research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Digi International presently has an average rating of “Moderate Buy” and a consensus price target of $48.80.

Digi International Stock Performance

Shares of DGII stock traded up $1.65 during mid-day trading on Wednesday, reaching $46.55. The stock had a trading volume of 451,488 shares, compared to its average volume of 282,620. Digi International has a 1-year low of $22.39 and a 1-year high of $48.00. The firm has a market cap of $1.75 billion, a price-to-earnings ratio of 43.10 and a beta of 0.85. The company has a current ratio of 1.21, a quick ratio of 0.85 and a debt-to-equity ratio of 0.25. The business’s fifty day moving average is $43.78 and its 200-day moving average is $38.58.

Digi International (NASDAQ:DGII) last issued its quarterly earnings results on Wednesday, February 4th. The technology company reported $0.56 earnings per share for the quarter, topping the consensus estimate of $0.55 by $0.01. Digi International had a net margin of 9.48% and a return on equity of 10.88%. The company had revenue of $122.46 million for the quarter, compared to the consensus estimate of $115.90 million. Digi International has set its Q2 2026 guidance at 0.560-0.590 EPS. On average, research analysts forecast that Digi International will post 1.68 earnings per share for the current year.

Insider Buying and Selling at Digi International

In related news, VP Terrence G. Schneider sold 4,208 shares of Digi International stock in a transaction that occurred on Tuesday, November 25th. The stock was sold at an average price of $41.68, for a total transaction of $175,389.44. Following the completion of the transaction, the vice president directly owned 24,756 shares in the company, valued at approximately $1,031,830.08. This trade represents a 14.53% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, VP David H. Sampsell sold 8,748 shares of the company’s stock in a transaction that occurred on Tuesday, November 25th. The stock was sold at an average price of $41.52, for a total value of $363,216.96. Following the completion of the sale, the vice president owned 31,757,255 shares in the company, valued at approximately $1,318,561,227.60. This represents a 0.03% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders sold 56,572 shares of company stock worth $2,256,580. 3.40% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Digi International

A number of institutional investors have recently modified their holdings of DGII. Ameriprise Financial Inc. raised its holdings in Digi International by 7.7% in the 2nd quarter. Ameriprise Financial Inc. now owns 652,197 shares of the technology company’s stock worth $22,736,000 after purchasing an additional 46,659 shares during the period. California State Teachers Retirement System increased its position in shares of Digi International by 9.9% in the third quarter. California State Teachers Retirement System now owns 37,001 shares of the technology company’s stock valued at $1,349,000 after buying an additional 3,343 shares in the last quarter. BNP Paribas Financial Markets raised its stake in shares of Digi International by 48.7% during the 3rd quarter. BNP Paribas Financial Markets now owns 14,018 shares of the technology company’s stock worth $511,000 after buying an additional 4,594 shares during the period. Verity Asset Management Inc. purchased a new position in shares of Digi International during the 3rd quarter valued at approximately $464,000. Finally, Millennium Management LLC acquired a new stake in Digi International in the 3rd quarter valued at $292,000. 95.90% of the stock is currently owned by institutional investors and hedge funds.

Digi International Company Profile

Digi International Inc is a provider of Internet of Things (IoT) connectivity products and services designed to link devices to networks and applications securely. The company develops a broad range of networking hardware, including cellular and Ethernet routers, gateways, embedded modules and adaptors, as well as accessories and antennas. Digi’s solutions enable businesses to deploy remote monitoring, control and automation systems across diverse industries such as transportation, utilities, healthcare, retail and industrial manufacturing.

In addition to its physical devices, Digi offers cloud-based management software and professional services that simplify device configuration, monitoring and over-the-air updates.