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NASDAQ: DGII
Digi International Inc Stock Forecast, Predictions & Price Target

OverviewForecast
EarningsDividendOwnership

Analyst price target for DGII

Based on 5 analysts offering 12 month price targets for Digi International Inc.
Min Forecast
$41.00+22.28%
Avg Forecast
$46.00+37.19%
Max Forecast
$50.00+49.12%

Should I buy or sell DGII stock?

Based on 5 analysts offering ratings for Digi International Inc.
Strong Buy
Strong Buy
5 analysts 100%
Buy
0 analysts 0%
Hold
0 analysts 0%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

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DGII stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
Stephens & Co.
Top 13%
88
Strong BuyMaintains$50.00+49.12%2022-11-11
Cantor Fitzgerald
Bottom 28%
28
Strong BuyMaintains$48.00+43.16%2022-11-11
Canaccord Genuity
Top 8%
93
Strong BuyMaintains$46.00+37.19%2022-11-11Find out why
Cantor Fitzgerald
Top 20%
81
Strong BuyInitiates Coverage On$41.00+22.28%2022-09-08
Piper Sandler
Top 9%
92
Strong BuyMaintains$45.00+34.21%2022-08-05Find out why

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Forecast return on equity

Is DGII forecast to generate an efficient return?
Company
N/A
Industry
-27.94%
Market
49.29%

Forecast return on assets

Is DGII forecast to generate an efficient return on assets?
Company
N/A
Industry
12.4%

DGII earnings per share forecast

What is DGII's earnings per share in the next 1 years based on estimates from 2 analysts?
Avg 1 year Forecast
$1.55+181.82%
DGII's earnings are forecast to... subscribe to Premium to read more.
Forecast High Earnings Growth Forecast

DGII revenue forecast

What is DGII's revenue in the next 2 years based on estimates from 2 analysts?
Avg 1 year Forecast
$422.9M+8.93%
Avg 2 year Forecast
$461.5M+18.86%
DGII's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

DGII earnings growth forecast

How is DGII forecast to perform vs Communication Equipment companies and vs the US market?
Company
181.82%
Industry
37.79%
Market
85.4%
DGII's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Industry Forecast
DGII's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Market Forecast
DGII's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Savings Rate Forecast

DGII revenue growth forecast

How is DGII forecast to perform vs Communication Equipment companies and vs the US market?
Company
8.93%
Industry
8.8%
Market
71.5%
DGII's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
DGII's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

DGII vs Communication Equipment Stocks

TickerPricePrice TargetUp/downsideConsensus
DGII$33.53$46.00+37.19%Strong Buy
CLFD$69.16$129.00+86.52%Strong Buy
ADTN$18.67$27.00+44.62%Strong Buy
SATS$18.70$26.00+39.04%Buy
HLIT$14.75$18.60+26.10%Strong Buy
View Top Communication Equipment Stocks

Digi International Stock Forecast FAQ

Is Digi International Stock a good buy in 2023, according to Wall Street analysts?

The consensus among 5 Wall Street analysts covering (NASDAQ: DGII) stock is to Strong Buy DGII stock.

Out of 5 analysts, 5 (100%) are recommending DGII as a Strong Buy, 0 (0%) are recommending DGII as a Buy, 0 (0%) are recommending DGII as a Hold, 0 (0%) are recommending DGII as a Sell, and 0 (0%) are recommending DGII as a Strong Sell.

If you're new to stock investing, here's how to buy Digi International stock.

What is DGII's earnings growth forecast for 2023-2023?

(NASDAQ: DGII) Digi International's forecast annual earnings growth rate of 181.82% is forecast to beat the US Communication Equipment industry's average forecast earnings growth rate of 37.79%, and and it is also forecast to beat the US market's average forecast earnings growth rate of 85.4%.

Digi International's earnings in 2023 is $19,383,000.

In 2023, DGII is forecast to generate $55,112,316 in earnings, with the lowest earnings forecast at $53,334,500 and the highest earnings forecast at $56,890,133.

What is DGII's revenue growth forecast for 2023-2024?

(NASDAQ: DGII) Digi International's forecast annual revenue growth rate of 8.93% is forecast to beat the US Communication Equipment industry's average forecast revenue growth rate of 8.8%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 71.5%.

Digi International's revenue in 2023 is $388,225,000.On average, 2 Wall Street analysts forecast DGII's revenue for 2023 to be $15,037,128,789, with the lowest DGII revenue forecast at $14,923,704,087, and the highest DGII revenue forecast at $15,150,553,491.

In 2024, DGII is forecast to generate $16,407,825,426 in revenue, with the lowest revenue forecast at $16,407,825,426 and the highest revenue forecast at $16,407,825,426.

What is DGII's forecast return on assets (ROA) for 2023-2024?

(NASDAQ: DGII) forecast ROA is N/A, which is lower than the forecast US Communication Equipment industry average of 12.4%.

What is DGII's Price Target?

According to 5 Wall Street analysts that have issued a 1 year DGII price target, the average DGII price target is $46.00, with the highest DGII stock price forecast at $50.00 and the lowest DGII stock price forecast at $41.00.

On average, Wall Street analysts predict that Digi International's share price could reach $46.00 by Nov 11, 2023. The average Digi International stock price prediction forecasts a potential upside of 37.19% from the current DGII share price of $33.53.

What is DGII's Earnings Per Share (EPS) forecast for 2023-2023?

(NASDAQ: DGII) Digi International's current Earnings Per Share (EPS) is $0.55. In 2023, DGII's EPS is forecast to hit $1.55 (min: $1.50, max: $1.60).

What is DGII's forecast return on equity (ROE) for 2023-2024?

(NASDAQ: DGII) forecast ROE is N/A, which is considered weak.
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