Digi International (DGII) Expected to Post Quarterly Earnings on Wednesday

Digi International (NASDAQ:DGII) is expected to issue its Q3 2026 results after the market closes on Wednesday, August 5th. Analysts expect the company to announce earnings of $0.67 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. Investors may visit the the company’s upcoming Q3 2026 earning report for the latest details on the call scheduled for Wednesday, August 5, 2026 at 5:00 PM ET.

Digi International (NASDAQ:DGII) last released its earnings results on Wednesday, May 6th. The technology company reported $0.62 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.58 by $0.04. The company had revenue of $130.74 million for the quarter, compared to the consensus estimate of $125.03 million. Digi International had a net margin of 9.10% and a return on equity of 11.28%. Digi International’s quarterly revenue was up 25.1% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.51 EPS. 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 Stock Down 1.0%

Shares of NASDAQ DGII opened at $67.02 on Wednesday. The company has a quick ratio of 0.77, a current ratio of 1.11 and a debt-to-equity ratio of 0.21. The firm has a market cap of $2.53 billion, a PE ratio of 59.31 and a beta of 0.96. The company’s fifty day simple moving average is $68.10 and its 200 day simple moving average is $56.69. Digi International has a 12-month low of $30.69 and a 12-month high of $76.41.

Insiders Place Their Bets

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

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the stock. Ameriprise Financial Inc. increased its stake in shares of Digi International by 7.7% during 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 last quarter. GW&K Investment Management LLC purchased a new position in Digi International in the fourth quarter valued at approximately $2,410,000. Campbell & CO Investment Adviser LLC grew its holdings in Digi International by 65.0% during the fourth quarter. Campbell & CO Investment Adviser LLC now owns 47,468 shares of the technology company’s stock valued at $2,055,000 after purchasing an additional 18,706 shares during the period. California State Teachers Retirement System increased its position in 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 worth $1,349,000 after buying an additional 3,343 shares during the last quarter. Finally, Millennium Management LLC increased its position in Digi International by 138.3% in the fourth quarter. Millennium Management LLC now owns 19,055 shares of the technology company’s stock worth $825,000 after buying an additional 11,059 shares during the last quarter. 95.90% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of research firms recently weighed in on DGII. Piper Sandler upped their price target on Digi International from $46.00 to $63.00 and gave the stock a “neutral” rating in a research note on Thursday, May 7th. Weiss Ratings lowered shares of Digi International from a “hold (c+)” rating to a “hold (c)” rating in a research note on Monday, May 11th. Stephens raised their price target on shares of Digi International from $65.00 to $75.00 and gave the company an “overweight” rating in a research report on Tuesday, May 12th. Zacks Research upgraded shares of Digi International from a “hold” rating to a “strong-buy” rating in a report on Friday, July 3rd. Finally, Craig Hallum upped 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. One investment analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and two have issued a Hold rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $66.20.

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.