Digi International Inc. (DGII)

NASDAQ: DGII · IEX Real-Time Price · USD
26.39
-0.21 (-0.79%)
May 8, 2024, 4:00 PM EDT - Market closed
-0.79%
Market Cap 959.93M
Revenue (ttm) 438.19M
Net Income (ttm) 14.03M
Shares Out 36.37M
EPS (ttm) 0.38
PE Ratio 69.18
Forward PE 11.62
Dividend n/a
Ex-Dividend Date n/a
Volume 155,181
Open 26.60
Previous Close 26.60
Day's Range 26.25 - 26.77
52-Week Range 21.25 - 42.95
Beta 1.22
Analysts Strong Buy
Price Target 39.40 (+49.3%)
Earnings Date May 1, 2024

About DGII

Digi International Inc. provides business and mission-critical Internet of Things (IoT) products, services, and solutions in the United States, Europe, the Middle East, Africa, and internationally. The company operates in two segments, IoT Products & Services, and IoT Solutions. It offers cellular routers for mission-critical wireless connectivity; cellular modules to embed cellular communications abilities into the products to deploy and manage intelligent and secure cellular connected products; console servers to provide secure and remote acc... [Read more]

Sector Technology
Founded 1985
Employees 822
Stock Exchange NASDAQ
Ticker Symbol DGII
Full Company Profile

Financial Performance

In 2023, DGII's revenue was $444.85 million, an increase of 14.59% compared to the previous year's $388.23 million. Earnings were $24.77 million, an increase of 27.79%.

Financial Statements

Analyst Forecast

According to 5 analysts, the average rating for DGII stock is "Strong Buy." The 12-month stock price forecast is $39.4, which is an increase of 49.30% from the latest price.

Price Target
$39.4
(49.30% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Digi International Prevails in Patent Infringement Case

MINNEAPOLIS--(BUSINESS WIRE)--Digi International Prevails in Patent Infringement Case.

Other symbols: AIRG
1 day ago - Business Wire

Digi International Reports Second Fiscal Quarter 2024 Results

MINNEAPOLIS--(BUSINESS WIRE)--Digi International® Inc. (Nasdaq: DGII), a leading global provider of business and mission critical Internet of Things ("IoT") products, services and solutions, today ann...

7 days ago - Business Wire

Digi International Reveals 2024 Green Tech Customer Innovation Award Winners

MINNEAPOLIS--(BUSINESS WIRE)--Digi International Reveals 2024 Green Tech Customer Innovation Award Winners.

21 days ago - Business Wire

Digi International Expands Monitoring Portfolio with Launch of Digi Connect Sensor XRT-M Powered by Digi Axess

MINNEAPOLIS--(BUSINESS WIRE)--Digi International Expands Monitoring Portfolio with Launch of Digi Connect Sensor XRT-M Powered by Digi Axess.

22 days ago - Business Wire

Digi International to Release Second Fiscal Quarter 2024 Earnings Results on May 1, 2024 and Host a Conference Call on May 2, 2024

MINNEAPOLIS--(BUSINESS WIRE)--Digi International® Inc. (NASDAQ: DGII) will release its financial results for the second fiscal quarter 2024 on Wednesday, May 1, 2024, after market close. Ron Konezny, ...

4 weeks ago - Business Wire

Digi International to Unveil the New Digi ConnectCore® MP25 System-on-Module for Next-Gen Computer Vision Applications at Embedded World 2024

MINNEAPOLIS--(BUSINESS WIRE)--Digi International to unveil the new Digi ConnectCore® MP25 System-on-Module for next-gen computer vision applications at Embedded World 2024.

4 weeks ago - Business Wire

Digi International Unveils LifeCycle Assurance, Transforming Infrastructure Management with Proactive Support and Comprehensive Device Management

MINNEAPOLIS--(BUSINESS WIRE)--Digi International Unveils LifeCycle Assurance, Transforming Infrastructure Management with Proactive Support and Comprehensive Device Management.

5 weeks ago - Business Wire

Digi International Reports First Fiscal Quarter 2024 Results

MINNEAPOLIS--(BUSINESS WIRE)--Digi International® Inc. (Nasdaq: DGII), a leading global provider of business and mission critical Internet of Things ("IoT") products, services and solutions, today ann...

3 months ago - Business Wire

Digi International to Release First Fiscal Quarter 2024 Earnings Results on January 31, 2024 and Host a Conference Call on February 1, 2024

HOPKINS, Minn.--(BUSINESS WIRE)--Digi International® Inc. (NASDAQ: DGII) will release its financial results for the first fiscal quarter 2024 on Wednesday, January 31, 2024, after market close. This i...

3 months ago - Business Wire

SparkFun and Digi International Announce Collaboration with the Release of XBee Development Tools to Support Cellular IoT from Sensor to Cloud

As a Digi International Value-Added Reseller (VAR) for OEMs, SparkFun brings the next generation of Digi XBee ® modules to market with a line of developer boards. BOULDER, Colo.

4 months ago - PRNewsWire

20 favorite small-cap stocks for 2024 among Wall Street analysts

The 2023 stock-market rally has been led by the “Magnificent Seven” companies, which have driven an accelerating upward trend for the large-cap benchmark S&P 500. Shares of smaller and medium-sized co...

4 months ago - Market Watch

Digi International Enters into New Senior Secured Credit Facility

MINNEAPOLIS--(BUSINESS WIRE)--Digi International® Inc. (Nasdaq: DGII), a leading global provider of business and mission critical Internet of Things ("IoT") products, services and solutions, today ann...

5 months ago - Business Wire

Digi International Reports Fourth Fiscal Quarter and Full Fiscal 2023 Results

MINNEAPOLIS--(BUSINESS WIRE)--Digi International® Inc. (Nasdaq: DGII), a leading global provider of business and mission critical Internet of Things ("IoT") products, services and solutions, today ann...

6 months ago - Business Wire

Digi International to Release Fourth Fiscal Quarter and Full Fiscal 2023 Earnings Results and Host Conference Call on November 9, 2023

HOPKINS, Minn.--(BUSINESS WIRE)--Digi International® Inc. (NASDAQ: DGII) will release its financial results for the fourth fiscal quarter and full fiscal 2023 on Thursday, November 9, 2023, before mar...

7 months ago - Business Wire

New Research: A Quarter of US Network Engineers Are Set to Retire in Five Years

EDISON, N.J.--(BUSINESS WIRE)--New Research: A Quarter of US Network Engineers Are Set to Retire in Five Years.

7 months ago - Business Wire

Digi International Reports Third Fiscal Quarter 2023 Results

MINNEAPOLIS--(BUSINESS WIRE)--Digi International® Inc. (Nasdaq: DGII), a leading global provider of business and mission critical Internet of Things ("IoT") products, services and solutions, today ann...

9 months ago - Business Wire

Digi International to Release Third Fiscal Quarter 2023 Earnings Results and Host Conference Call on August 3, 2023

HOPKINS, Minn.--(BUSINESS WIRE)--Digi International® Inc. (NASDAQ: DGII) will release its financial results in a shareholder letter for the third fiscal quarter 2023 on Thursday, August 3, 2023, befor...

10 months ago - Business Wire

Digi International Reports Second Fiscal Quarter 2023 results

MINNEAPOLIS--(BUSINESS WIRE)--Digi International® Inc. (Nasdaq: DGII), a leading global provider of business and mission critical Internet of Things ("IoT") products, services and solutions, today ann...

1 year ago - Business Wire

Digi International to Release Second Fiscal Quarter 2023 Earnings Results and Host Conference Call on May 4, 2023

HOPKINS, Minn.--(BUSINESS WIRE)--Digi International® Inc. (NASDAQ: DGII) will release its financial results in a shareholder letter for the second fiscal quarter 2023 on Thursday, May 4, 2023, before ...

1 year ago - Business Wire

Digi International Bolsters Digi Connect EZ Family of Device Servers with Launch of 8/16/32 Port Options

HOPKINS, Minn.--(BUSINESS WIRE)--Digi International, (NASDAQ: DGII, www.digi.com), a leading global provider of Internet of Things (IoT) connectivity products and services, today announced the launch ...

1 year ago - Business Wire

Digi International Provides Information Regarding Its Exposure to Silicon Valley Bank Being Placed Into Receivership

HOPKINS, Minn.--(BUSINESS WIRE)--Digi International Inc. provides the following information on its exposure to Silicon Valley Bank (“SVB”) being closed by the California Department of Financial Protec...

1 year ago - Business Wire

Digi International Expands Industry-Leading Portfolio of Connectivity Solutions for Private Cellular Networks, Supporting Transmission and Distribution for Utilities

SAN DIEGO--(BUSINESS WIRE)--Expanding its portfolio of solutions to support private cellular networks, Digi International (NASDAQ: DGII), a leading global provider of Internet of Things (IoT) solution...

1 year ago - Business Wire

Opengear Launches CM8100 10G Product Family to Enable Smart Out-of-Band for Hyperscalers

EDISON, N.J.--(BUSINESS WIRE)-- Opengear, a Digi International company (NASDAQ, DGII, www.digi.com/) and provider of secure and Smart Out-of-Band management solutions, today announced the expansion...

1 year ago - Business Wire

Digi International Reports First Fiscal Quarter 2023 results

MINNEAPOLIS--(BUSINESS WIRE)--Digi International® Inc. (Nasdaq: DGII), a leading global provider of business and mission critical Internet of Things ("IoT") products, services and solutions, today a...

1 year ago - Business Wire

Digi International Launches Digi ConnectCore® Services, Offering Software Foundation that Enables Manageability and Security of Digi ConnectCore Family of SOMs

HOPKINS, Minn.--(BUSINESS WIRE)--Digi International (NASDAQ: DGII, www.digi.com), a leading global provider of Internet of Things (IoT) solutions, connectivity products, and services, today launched...

1 year ago - Business Wire