Digi International (NASDAQ:DGII) Releases Q4 2026 Earnings Guidance

Digi International (NASDAQ:DGII) updated its fourth quarter 2026 earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of 0.750-0.780 for the period, compared to the consensus EPS estimate of 0.610. The company issued revenue guidance of $138.0 million-$142.0 million, compared to the consensus revenue estimate of $135.9 million. Digi International also updated its FY 2026 guidance to EPS.

Analysts Set New Price Targets

A number of equities analysts have weighed in on DGII shares. Craig Hallum upped their target price on Digi International from $50.00 to $75.00 and gave the stock a “buy” rating in a research note on Thursday, May 7th. Weiss Ratings raised Digi International from a “hold (c)” rating to a “hold (c+)” rating in a report on Monday. Stephens raised their target price on shares of Digi International from $65.00 to $75.00 and gave the company an “overweight” rating in a research note on Tuesday, May 12th. Zacks Research lowered shares of Digi International from a “strong-buy” rating to a “hold” rating in a research report on Monday. Finally, Piper Sandler increased their price target on shares of Digi International from $46.00 to $63.00 and gave the stock a “neutral” rating in a report on Thursday, May 7th. Four equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $66.20.

Digi International Price Performance

Shares of Digi International stock traded up $0.61 during trading on Wednesday, hitting $72.75. 335,909 shares of the stock traded hands, compared to its average volume of 334,566. The stock has a market cap of $2.74 billion, a price-to-earnings ratio of 64.38 and a beta of 0.97. The company has a quick ratio of 0.77, a current ratio of 1.11 and a debt-to-equity ratio of 0.21. Digi International has a 52 week low of $30.69 and a 52 week high of $76.41. The firm’s fifty day moving average is $68.48 and its 200-day moving average is $57.65.

Digi International (NASDAQ:DGII) last released its earnings results on Wednesday, August 5th. The technology company reported $0.75 earnings per share for the quarter, topping analysts’ consensus estimates of $0.66 by $0.09. The company had revenue of $138.67 million during the quarter, compared to the consensus estimate of $132.57 million. Digi International had a return on equity of 11.28% and a net margin of 9.10%.Digi International has set its Q4 2026 guidance at 0.750-0.780 EPS. Research analysts expect that Digi International will post 2.11 EPS for the current fiscal year.

Insider Buying and Selling at Digi International

In other news, CFO James J. Loch sold 100,000 shares of the company’s stock in a transaction on Tuesday, June 2nd. The shares were sold at an average price of $69.44, for a total value of $6,944,000.00. Following the completion of the sale, the chief financial officer owned 167,589 shares of the company’s stock, valued at approximately $11,637,380.16. This represents a 37.37% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, VP David H. Sampsell sold 6,376 shares of the stock in a transaction on Wednesday, May 13th. The shares were sold at an average price of $65.11, for a total transaction of $415,141.36. Following the transaction, the vice president directly owned 18,364 shares in the company, valued at approximately $1,195,680.04. This represents a 25.77% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 121,008 shares of company stock worth $8,320,222 over the last 90 days. Company insiders own 3.40% of the company’s stock.

Institutional Investors Weigh In On Digi International

Several institutional investors have recently bought and sold shares of DGII. Millennium Management LLC increased its stake in Digi International by 138.3% in the 4th quarter. Millennium Management LLC now owns 19,055 shares of the technology company’s stock worth $825,000 after purchasing an additional 11,059 shares during the period. Russell Investments Group Ltd. lifted its position in Digi International by 8.1% in the fourth quarter. Russell Investments Group Ltd. now owns 3,649 shares of the technology company’s stock valued at $158,000 after purchasing an additional 273 shares during the last quarter. Captrust Financial Advisors boosted its stake in shares of Digi International by 15.2% during the fourth quarter. Captrust Financial Advisors now owns 18,204 shares of the technology company’s stock valued at $788,000 after purchasing an additional 2,396 shares during the period. Brooklyn Investment Group grew its holdings in shares of Digi International by 5.9% in the fourth quarter. Brooklyn Investment Group now owns 5,983 shares of the technology company’s stock worth $265,000 after purchasing an additional 331 shares during the last quarter. Finally, Campbell & CO Investment Adviser LLC grew its holdings in shares of Digi International by 65.0% in the fourth quarter. Campbell & CO Investment Adviser LLC now owns 47,468 shares of the technology company’s stock worth $2,055,000 after purchasing an additional 18,706 shares during the last quarter. 95.90% of the stock is currently owned by hedge funds and other institutional investors.

About Digi International

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.