Digi International Inc. (DGII)
NASDAQ: DGII · IEX Real-Time Price · USD
30.59
-0.14 (-0.46%)
At close: Apr 25, 2024, 4:00 PM
30.25
-0.34 (-1.11%)
After-hours: Apr 25, 2024, 7:25 PM EDT
Digi International Stock Forecast
Stock Price Forecast
The 4 analysts with 12-month price forecasts for Digi International stock have an average target of 38.5, with a low estimate of 30 and a high estimate of 45. The average target predicts an increase of 25.86% from the current stock price of 30.59.
Analyst Consensus: Strong Buy
* Price targets were last updated on Feb 5, 2024.
Analyst Ratings
The average analyst rating for DGII stock from 4 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Buy | 3 | 3 | 3 | 2 | 2 | 2 |
| Hold | 0 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 5 | 5 | 5 | 4 | 4 | 4 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Stephens & Co. | Stephens & Co. | Buy Maintains $40 → $45 | Buy | Maintains | $40 → $45 | +47.11% | Feb 5, 2024 |
| Stephens & Co. | Stephens & Co. | Buy Reiterates $40 | Buy | Reiterates | $40 | +30.76% | Dec 13, 2023 |
| B. Riley Securities | B. Riley Securities | Strong Buy Initiates $34 | Strong Buy | Initiates | $34 | +11.15% | Nov 15, 2023 |
| Piper Sandler | Piper Sandler | Buy Maintains $50 → $30 | Buy | Maintains | $50 → $30 | -1.93% | Nov 10, 2023 |
| Stephens & Co. | Stephens & Co. | Buy Maintains $50 → $40 | Buy | Maintains | $50 → $40 | +30.76% | Nov 10, 2023 |
Financial Forecast
Revenue This Year
452.55M
from 444.85M
Increased by 1.73%
Revenue Next Year
489.12M
from 452.55M
Increased by 8.08%
EPS This Year
2.09
from 0.67
Increased by 212.17%
EPS Next Year
2.32
from 2.09
Increased by 10.95%
Revenue Forecast
| Revenue | 2024 | 2025 |
|---|---|---|
| High | 467.3M | 510.6M |
| Avg | 452.6M | 489.1M |
| Low | 430.3M | 465.5M |
Revenue Growth
| Revenue Growth | 2024 | 2025 |
|---|---|---|
| High | 5.0% | 12.8% |
| Avg | 1.7% | 8.1% |
| Low | -3.3% | 2.9% |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | 2.24 | 2.90 |
| Avg | 2.09 | 2.32 |
| Low | 1.92 | 2.06 |
EPS Growth
| EPS Growth | 2024 | 2025 |
|---|---|---|
| High | 233.8% | 38.6% |
| Avg | 212.2% | 10.9% |
| Low | 186.7% | -1.6% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.