Digi International Inc. (DGII)
NASDAQ: DGII · IEX Real-Time Price · USD
24.36
-0.39 (-1.58%)
At close: May 31, 2024, 4:00 PM
25.00
+0.64 (2.63%)
After-hours: May 31, 2024, 7:32 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, with a low estimate of 34 and a high estimate of 45. The average target predicts an increase of 55.99% from the current stock price of 24.36.
Analyst Consensus: Strong Buy
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 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Buy | 3 | 3 | 2 | 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 | 4 | 4 | 4 | 4 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Roth MKM | Roth MKM | Strong Buy Maintains $40 → $38 | Strong Buy | Maintains | $40 → $38 | +55.99% | May 3, 2024 |
| Piper Sandler | Piper Sandler | Buy Reiterates $40 → $35 | Buy | Reiterates | $40 → $35 | +43.68% | May 3, 2024 |
| Stephens & Co. | Stephens & Co. | Buy Maintains $40 → $45 | Buy | Maintains | $40 → $45 | +84.73% | Feb 5, 2024 |
| Stephens & Co. | Stephens & Co. | Buy Reiterates $40 | Buy | Reiterates | $40 | +64.20% | Dec 13, 2023 |
| B. Riley Securities | B. Riley Securities | Strong Buy Initiates $34 | Strong Buy | Initiates | $34 | +39.57% | Nov 15, 2023 |
Financial Forecast
Revenue This Year
431.44M
from 444.85M
Decreased by -3.01%
Revenue Next Year
451.46M
from 431.44M
Increased by 4.64%
EPS This Year
2.02
from 0.67
Increased by 200.90%
EPS Next Year
2.19
from 2.02
Increased by 8.68%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 447.2M | 477.7M | 488.2M |
| Avg | 431.4M | 451.5M | 474.2M |
| Low | 413.0M | 427.1M | 455.6M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 0.5% | 10.7% | 8.1% |
| Avg | -3.0% | 4.6% | 5.0% |
| Low | -7.2% | -1.0% | 0.9% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 2.13 | 2.71 | 2.31 |
| Avg | 2.02 | 2.19 | 2.24 |
| Low | 1.89 | 1.88 | 2.16 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 218.1% | 34.4% | 5.4% |
| Avg | 200.9% | 8.7% | 2.4% |
| Low | 182.3% | -6.7% | -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.