Digi International (NASDAQ:DGII) Announces Q1 2027 Earnings Guidance

Key Points

• Digi International forecast Q1 2027 EPS of $0.71–$0.75, versus analysts’ $0.72 consensus, and revenue of $140 million–$144 million, compared with a $140.5 million consensus.
• In its latest reported quarter, the company earned $0.66 per share, missing the $0.76 analyst estimate by $0.10.
• Analysts maintain a “Moderate Buy” consensus rating and an average price target of $82.40; five analysts rate the stock Buy and two rate it Hold.

Digi International (NASDAQ:DGII - Get Free Report) updated its first quarter 2027 earnings guidance on Wednesday morning. The company provided earnings per share guidance of 0.710-0.750 for the period, compared to the consensus estimate of 0.720. The company issued revenue guidance of $140.0 million-$144.0 million, compared to the consensus revenue estimate of $140.5 million. Digi International also updated its FY 2027 guidance to EPS.

Digi International Price Performance

Shares of NASDAQ:DGII traded up $1.91 during midday trading on Wednesday, reaching $66.96. 611,815 shares of the company were exchanged, compared to its average volume of 352,279. The company has a current ratio of 1.13, a quick ratio of 0.78 and a debt-to-equity ratio of 0.16. The business's fifty day moving average is $72.61 and its two-hundred day moving average is $63.76. Digi International has a one year low of $35.15 and a one year high of $86.84. The stock has a market cap of $2.54 billion, a PE ratio of 53.14 and a beta of 1.00.

Digi International (NASDAQ:DGII - Get Free Report) last released its quarterly earnings data on Wednesday, November 11th. The technology company reported $0.66 EPS for the quarter, missing the consensus estimate of $0.76 by ($0.10). Digi International had a net margin of 9.63% and a return on equity of 12.16%. Digi International has set its Q1 2027 guidance at 0.710-0.750 EPS. As a group, analysts predict that Digi International will post 2.31 earnings per share for the current year.

Analyst Ratings Changes

Several research firms have commented on DGII. Zacks Research lowered shares of Digi International from a "strong-buy" rating to a "hold" rating in a research report on Monday, August 3rd. Stephens boosted their price target on Digi International from $75.00 to $85.00 and gave the stock an "overweight" rating in a research note on Thursday, August 6th. B. Riley Financial upped their price objective on shares of Digi International from $78.00 to $86.00 and gave the company a "buy" rating in a report on Thursday, August 6th. Roth Capital set a $90.00 price objective on shares of Digi International and gave the company a "buy" rating in a research report on Thursday, August 6th. Finally, Weiss Ratings lowered shares of Digi International from a "buy (b)" rating to a "buy (b-)" rating in a research report on Monday. Five investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat.com, Digi International presently has a consensus rating of "Moderate Buy" and an average price target of $82.40.

About Digi International

Digi International provides products and services for connecting, managing and securing devices used in the Internet of Things (IoT). Its offerings include cellular routers and gateways, embedded modules, console servers and other networking equipment, along with software and services for device management and remote monitoring. The company serves businesses and organizations across industries such as transportation, energy, healthcare, industrial automation and retail. Its solutions support deployments ranging from connected equipment and infrastructure to remote access and network management, with customers in markets around the world.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.