Digi International (NASDAQ:DGII) Releases 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 guidance of 0.560-0.590 for the period, compared to the consensus earnings per share 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. Digi International also updated its FY 2026 guidance to EPS.

Digi International Stock Performance

NASDAQ DGII traded down $0.03 during trading hours on Friday, reaching $44.70. 231,668 shares of the company were exchanged, compared to its average volume of 303,279. The stock has a market capitalization of $1.68 billion, a P/E ratio of 39.81 and a beta of 0.85. The company has a quick ratio of 0.85, a current ratio of 1.21 and a debt-to-equity ratio of 0.25. Digi International has a 1 year low of $22.39 and a 1 year high of $48.00. The business’s 50 day simple moving average is $43.91 and its 200-day simple moving average is $38.68.

Digi International (NASDAQ:DGII) last released its earnings results 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 9.45% and a return on equity of 11.06%. The firm had revenue of $122.46 million during the quarter, compared to the consensus estimate of $115.90 million. During the same period in the prior year, the firm earned $0.45 EPS. The company’s revenue was up 17.9% compared to the same quarter last year. Digi International has set its Q2 2026 guidance at 0.560-0.590 EPS. On average, equities research analysts expect that Digi International will post 1.68 earnings per share for the current year.

Analyst Ratings Changes

Several analysts have issued reports on DGII shares. Roth Mkm boosted their target price on Digi International from $45.00 to $50.00 and gave the company a “buy” rating in a research note on Thursday, November 13th. Stephens upped their price objective on shares of Digi International from $50.00 to $55.00 and gave the company an “overweight” rating in a report on Friday, January 2nd. Zacks Research downgraded shares of Digi International from a “strong-buy” rating to a “hold” rating in a research note on Monday, January 12th. Piper Sandler upped their price target on shares of Digi International from $41.00 to $46.00 and gave the company a “neutral” rating in a research note on Monday, January 5th. Finally, Weiss Ratings reiterated a “hold (c+)” rating on shares of Digi International in a research note on Wednesday, December 24th. Four research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $49.80.

Insider Buying and Selling at Digi International

In related news, VP Terrence G. Schneider sold 4,208 shares of the business’s stock in a transaction dated Tuesday, November 25th. The stock was sold at an average price of $41.68, for a total transaction of $175,389.44. Following the completion of the transaction, the vice president directly owned 24,756 shares in the company, valued at $1,031,830.08. The trade was a 14.53% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, VP David H. Sampsell sold 8,748 shares of the firm’s stock in a transaction dated Tuesday, November 25th. The shares were sold at an average price of $41.52, for a total value of $363,216.96. Following the completion of the sale, the vice president directly owned 31,757,255 shares in the company, valued at approximately $1,318,561,227.60. The trade was a 0.03% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 56,572 shares of company stock valued at $2,256,580 in the last three months. 3.40% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Verity Asset Management Inc. purchased a new position in shares of Digi International during the third quarter worth approximately $464,000. Millennium Management LLC purchased a new position in Digi International in the 3rd quarter worth $292,000. California State Teachers Retirement System raised its position in Digi International by 9.9% in the 3rd quarter. California State Teachers Retirement System now owns 37,001 shares of the technology company’s stock worth $1,349,000 after purchasing an additional 3,343 shares during the period. Brooklyn Investment Group lifted its stake 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 purchasing an additional 5,510 shares during the last quarter. Finally, BNP Paribas Financial Markets boosted its position 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 valued at $511,000 after buying an additional 4,594 shares during the period. 95.90% of the stock is currently owned by 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.