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

Digi International (NASDAQ:DGII) updated its fourth quarter 2026 earnings guidance on Wednesday. The company provided earnings per share 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.

Digi International Stock Up 14.1%

NASDAQ:DGII traded up $10.26 on Thursday, hitting $83.01. 791,501 shares of the company’s stock were exchanged, compared to its average volume of 337,635. The firm has a 50-day moving average price of $68.90 and a 200-day moving average price of $58.13. Digi International has a 52 week low of $30.69 and a 52 week high of $83.42. The company has a debt-to-equity ratio of 0.21, a current ratio of 1.11 and a quick ratio of 0.77. The company has a market cap of $3.13 billion, a P/E ratio of 73.46 and a beta of 0.97.

Digi International (NASDAQ:DGII) last posted its quarterly earnings results on Wednesday, August 5th. The technology company reported $0.75 earnings per share for the quarter, topping the consensus estimate of $0.66 by $0.09. Digi International had a return on equity of 11.28% and a net margin of 9.10%.The firm had revenue of $138.67 million for the quarter, compared to analyst estimates of $132.57 million. During the same quarter in the previous year, the firm earned $0.53 EPS. The business’s quarterly revenue was up 29.0% on a year-over-year basis. Digi International has set its Q4 2026 guidance at 0.750-0.780 EPS. As a group, analysts expect that Digi International will post 2.11 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of equities analysts have weighed in on the company. Piper Sandler boosted their price target on Digi International from $63.00 to $76.00 and gave the stock a “neutral” rating in a research report on Thursday. Craig Hallum increased their price target on shares of Digi International from $50.00 to $75.00 and gave the company a “buy” rating in a report on Thursday, May 7th. B. Riley Financial boosted their target price on shares of Digi International from $78.00 to $86.00 and gave the company a “buy” rating in a research report on Thursday. Stephens increased their price target on Digi International from $75.00 to $85.00 and gave the stock an “overweight” rating in a research report on Thursday. Finally, Roth Capital set a $90.00 price target on Digi International and gave the company a “buy” rating in a research note on Thursday. Four equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $82.40.

Insider Transactions at Digi International

In related news, VP Terrence G. Schneider sold 14,182 shares of Digi International stock in a transaction that occurred on Monday, May 11th. The shares were sold at an average price of $65.61, for a total transaction of $930,481.02. Following the sale, the vice president directly owned 26,759 shares in the company, valued at $1,755,657.99. This trade represents a 34.64% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, 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 transaction, the vice president directly owned 18,364 shares in the company, valued at $1,195,680.04. The trade was a 25.77% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 121,008 shares of company stock valued at $8,320,222. Company insiders own 3.40% of the company’s stock.

More Digi International News

Here are the key news stories impacting Digi International this week:

• Positive Sentiment: Quarterly earnings and revenue topped estimates. Digi reported third-fiscal-quarter EPS of $0.75, above the $0.66–$0.67 analyst consensus, while revenue reached $138.7 million, up 29% year over year and ahead of the approximately $132.6 million estimate. Gross margin improved to 64.8%, up 130 basis points. Digi International Reports Third Fiscal Quarter 2026 Results
• Positive Sentiment: Management raised fourth-quarter and full-year revenue expectations. Fourth-quarter EPS guidance of $0.750–$0.780 is well above the $0.610 consensus, while revenue guidance of $138 million–$142 million also exceeds estimates. Fiscal-year revenue guidance of $529 million–$533 million is above the $521.6 million consensus, signaling continued operating momentum.
• Positive Sentiment: Analysts increased their targets and maintained bullish ratings. Stephens raised its target from $75 to $85 and assigned an “overweight” rating. B. Riley lifted its target from $78 to $86 and reiterated a “buy” rating, reinforcing positive sentiment after the earnings release.
• Neutral Sentiment: Investor interest in small-cap growth stocks provided a supportive backdrop. Conestoga Capital Advisors highlighted improving market conditions for small-cap companies and strength in small-cap growth indexes, which may benefit Digi’s valuation and investor attention. Digi International Strengthens on Record Revenue
• Negative Sentiment: Zacks Research downgraded Digi from “strong buy” to “hold.” The change introduces a more cautious view, particularly as the shares trade near their 52-week high and at a relatively high earnings multiple.

Institutional Investors Weigh In On Digi International

A number of institutional investors and hedge funds have recently made changes to their positions in DGII. Ameriprise Financial Inc. increased its stake in shares of Digi International by 7.7% in the second quarter. Ameriprise Financial Inc. now owns 652,197 shares of the technology company’s stock worth $22,736,000 after buying an additional 46,659 shares during the period. Lazard Asset Management LLC boosted its position in shares of Digi International by 25.1% in 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 period. Russell Investments Group Ltd. boosted its holdings in shares of Digi International by 1,530.9% during 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. BNP Paribas Financial Markets increased its holdings in shares of Digi International by 48.7% in 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 last quarter. Finally, Brooklyn Investment Group lifted its position in Digi International by 3,880.3% in the third quarter. Brooklyn Investment Group now owns 5,652 shares of the technology company’s stock worth $206,000 after buying an additional 5,510 shares during the last quarter. Hedge funds and other institutional investors own 95.90% of the company’s stock.

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.