Digi International (DGII) Projected to Announce Quarterly Earnings on Wednesday

Digi International (NASDAQ:DGII) is anticipated to announce its Q3 2026 results after the market closes on Wednesday, August 5th. Analysts expect the company to announce earnings of $0.6560 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. Interested persons can check the company’s upcoming Q3 2026 earning summary page 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 quarterly earnings results on Wednesday, May 6th. The technology company reported $0.62 earnings per share for the quarter, topping the consensus estimate of $0.58 by $0.04. The firm had revenue of $130.74 million during 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%. The company’s revenue for the quarter was up 25.1% on a year-over-year basis. During the same quarter in the prior year, the firm 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 Performance

Shares of Digi International stock opened at $69.72 on Monday. The firm has a market capitalization of $2.63 billion, a PE ratio of 61.70 and a beta of 0.97. Digi International has a twelve month low of $30.69 and a twelve month high of $76.41. The firm’s 50-day moving average price is $68.32 and its 200 day moving average price is $57.24. The company has a current ratio of 1.11, a quick ratio of 0.77 and a debt-to-equity ratio of 0.21.

Wall Street Analysts Forecast Growth

A number of equities analysts have commented on DGII shares. Stephens increased their target price on Digi International from $65.00 to $75.00 and gave the company an “overweight” rating in a report on Tuesday, May 12th. Zacks Research upgraded Digi International from a “hold” rating to a “strong-buy” rating in a research report on Friday, July 3rd. Craig Hallum lifted their price target on Digi International from $50.00 to $75.00 and gave the stock a “buy” rating in a research note on Thursday, May 7th. Piper Sandler boosted their price target on Digi International from $46.00 to $63.00 and gave the stock a “neutral” rating in a research report on Thursday, May 7th. Finally, Roth Capital reissued a “buy” rating and issued a $70.00 price objective on shares of Digi International in a research note on Thursday, May 7th. One research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat, Digi International has an average rating of “Moderate Buy” and an average price target of $66.20.

Insiders Place Their Bets

In related news, VP James E. Freeland sold 450 shares of the firm’s stock in a transaction dated Tuesday, May 26th. The stock was sold at an average price of $68.00, for a total transaction of $30,600.00. Following the completion of the sale, the vice president directly owned 19,219 shares of the company’s stock, valued at approximately $1,306,892. This trade represents a 2.29% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CFO James J. Loch sold 100,000 shares of the business’s stock in a transaction dated Tuesday, June 2nd. The shares were sold at an average price of $69.44, for a total transaction of $6,944,000.00. Following the completion of the sale, the chief financial officer owned 167,589 shares in the company, valued at approximately $11,637,380.16. This trade represents a 37.37% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 121,008 shares of company stock worth $8,320,222 over the last ninety days. Company insiders own 3.40% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of DGII. Millennium Management LLC increased its position in shares of Digi International by 138.3% during the fourth quarter. Millennium Management LLC now owns 19,055 shares of the technology company’s stock valued at $825,000 after acquiring an additional 11,059 shares during the last quarter. Russell Investments Group Ltd. lifted its holdings in shares of Digi International by 8.1% in the 4th quarter. Russell Investments Group Ltd. now owns 3,649 shares of the technology company’s stock worth $158,000 after acquiring an additional 273 shares during the last quarter. Captrust Financial Advisors boosted its position in shares of Digi International by 15.2% during the 4th quarter. Captrust Financial Advisors now owns 18,204 shares of the technology company’s stock worth $788,000 after purchasing an additional 2,396 shares during the period. Brooklyn Investment Group boosted its position in shares of Digi International by 5.9% during the 4th quarter. Brooklyn Investment Group now owns 5,983 shares of the technology company’s stock worth $265,000 after purchasing an additional 331 shares during the period. Finally, Campbell & CO Investment Adviser LLC increased its holdings in Digi International by 65.0% in the 4th 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 last quarter. Hedge funds and other institutional investors own 95.90% of the company’s stock.

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.