Digi International (DGII) to Release Quarterly Earnings on Wednesday

Digi International (NASDAQ:DGII) is expected to post its Q3 2026 results after the market closes on Wednesday, August 5th. Analysts expect Digi International to announce earnings of $0.6560 per share and revenue of $132.57 million for the quarter. Digi International has set its Q3 2026 guidance at 0.650-0.680 EPS. Interested persons may visit the the company’s upcoming Q3 2026 earning overview page for the latest details on the call scheduled for Wednesday, August 5, 2026 at 5:00 PM ET.

Digi International (NASDAQ:DGII) last issued its earnings results on Wednesday, May 6th. The technology company reported $0.62 earnings per share for the quarter, topping the consensus estimate of $0.58 by $0.04. Digi International had a net margin of 9.10% and a return on equity of 11.28%. The company had revenue of $130.74 million for the quarter, compared to analyst estimates of $125.03 million. During the same period in the prior year, the business posted $0.51 earnings per share. The firm’s revenue for the quarter was up 25.1% compared to the same quarter last year. On average, analysts expect Digi International to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Digi International Price Performance

DGII stock opened at $70.40 on Tuesday. The firm has a 50 day moving average of $68.41 and a 200-day moving average of $57.44. Digi International has a 12-month low of $30.69 and a 12-month high of $76.41. The company has a current ratio of 1.11, a quick ratio of 0.77 and a debt-to-equity ratio of 0.21. The company has a market cap of $2.65 billion, a price-to-earnings ratio of 62.30 and a beta of 0.97.

Wall Street Analyst Weigh In

Several research firms recently weighed in on DGII. Weiss Ratings downgraded Digi International from a “hold (c+)” rating to a “hold (c)” rating in a research note on Monday, May 11th. Piper Sandler upped their target price on Digi International from $46.00 to $63.00 and gave the company a “neutral” rating in a report on Thursday, May 7th. Craig Hallum boosted their price objective on shares of Digi International from $50.00 to $75.00 and gave the stock a “buy” rating in a research report on Thursday, May 7th. Zacks Research raised shares of Digi International from a “hold” rating to a “strong-buy” rating in a research note on Friday, July 3rd. Finally, Roth Capital restated a “buy” rating and set a $70.00 target price on shares of Digi International in a report on Thursday, May 7th. One research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $66.20.

Insiders Place Their Bets

In other Digi International news, VP David H. Sampsell sold 6,376 shares of Digi International stock in a transaction dated Wednesday, May 13th. The stock was sold at an average price of $65.11, for a total value of $415,141.36. Following the completion of the sale, the vice president owned 18,364 shares in the company, valued at $1,195,680.04. The trade was a 25.77% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, VP James E. Freeland sold 450 shares of Digi International stock in a transaction dated Tuesday, May 26th. The shares were sold at an average price of $68.00, for a total value of $30,600.00. Following the completion of the sale, the vice president owned 19,219 shares of the company’s stock, valued at $1,306,892. This trade represents a 2.29% decrease in their position. The SEC filing for this sale provides additional information. Over the last ninety days, insiders have sold 121,008 shares of company stock valued at $8,320,222. 3.40% of the stock is owned by company insiders.

Institutional Investors Weigh In On Digi International

Several hedge funds have recently modified their holdings of DGII. Lazard Asset Management LLC increased its position in Digi International by 25.1% during the second quarter. Lazard Asset Management LLC now owns 1,690 shares of the technology company’s stock worth $58,000 after purchasing an additional 339 shares during the last quarter. Russell Investments Group Ltd. boosted its holdings in shares of Digi International by 1,530.9% in the 3rd quarter. Russell Investments Group Ltd. now owns 3,376 shares of the technology company’s stock valued at $123,000 after purchasing an additional 3,169 shares during the last quarter. Brooklyn Investment Group boosted its holdings in shares of Digi International by 3,880.3% in the 3rd quarter. Brooklyn Investment Group now owns 5,652 shares of the technology company’s stock valued at $206,000 after purchasing an additional 5,510 shares during the last quarter. Millennium Management LLC purchased a new stake in shares of Digi International during the 3rd quarter valued at $292,000. Finally, Verity Asset Management Inc. purchased a new stake in shares of Digi International during the 3rd quarter valued at $464,000. 95.90% of the stock is 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.