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

Digi International (NASDAQ:DGII) issued an update on its second quarter 2026 earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of 0.560-0.590 for the period, compared to the consensus 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.

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on DGII shares. Craig Hallum upgraded Digi International from a “hold” rating to a “buy” rating and upped their target price for the stock from $30.00 to $45.00 in a report on Thursday, November 13th. Wall Street Zen raised Digi International from a “buy” rating to a “strong-buy” rating in a research note on Saturday. Piper Sandler raised their price objective on Digi International from $41.00 to $46.00 and gave the company a “neutral” rating in a research report on Monday, January 5th. Weiss Ratings restated a “hold (c+)” rating on shares of Digi International in a report on Wednesday, December 24th. Finally, Roth Mkm increased their price target on shares of Digi International from $45.00 to $50.00 and gave the stock a “buy” rating in a research note on Thursday, November 13th. Four investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to MarketBeat, Digi International has an average rating of “Moderate Buy” and an average price target of $48.80.

Digi International Stock Up 3.7%

Shares of DGII traded up $1.65 on Wednesday, hitting $46.55. 451,488 shares of the stock traded hands, compared to its average volume of 282,620. The company has a market capitalization of $1.75 billion, a PE ratio of 43.10 and a beta of 0.85. The company has a debt-to-equity ratio of 0.25, a quick ratio of 0.85 and a current ratio of 1.21. Digi International has a one year low of $22.39 and a one year high of $48.00. The business has a 50 day simple moving average of $43.78 and a 200 day simple moving average of $38.58.

Digi International (NASDAQ:DGII) last issued its quarterly earnings data on Wednesday, February 4th. The technology company reported $0.56 earnings per share for the quarter, beating analysts’ consensus estimates 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. As a group, equities analysts forecast that Digi International will post 1.68 earnings per share for the current fiscal year.

Insiders Place Their Bets

In related news, VP David H. Sampsell sold 22,222 shares of the company’s stock in a transaction on Monday, November 17th. The shares were sold at an average price of $38.38, for a total transaction of $852,880.36. Following the completion of the transaction, the vice president owned 31,749 shares in the company, valued at approximately $1,218,526.62. This represents a 41.17% 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 Terrence G. Schneider sold 16,667 shares of Digi International stock in a transaction on Monday, November 24th. The shares were sold at an average price of $40.56, for a total transaction of $676,013.52. Following the completion of the sale, the vice president owned 24,756 shares in the company, valued at approximately $1,004,103.36. This represents a 40.24% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 56,572 shares of company stock worth $2,256,580. 3.40% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the company. Ameriprise Financial Inc. grew its holdings in 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 acquiring an additional 46,659 shares in the last quarter. California State Teachers Retirement System raised its stake 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 in the last quarter. BNP Paribas Financial Markets lifted its holdings in Digi International by 48.7% during the third 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. bought a new stake in Digi International during the 3rd quarter valued at $464,000. Finally, Millennium Management LLC bought a new stake in Digi International during the 3rd quarter valued at $292,000. 95.90% of the stock is 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.