Fiscal 2027 guidance of 10% to 15% revenue growth implies a sharp slowdown even though Digi beat on both lines. ARR reached $197 million, just short of the $200 million goal, with the Disruptive Technologies deal set to close by November 30.
Digi International Inc
DGII at a Glance
- Market cap
- $2.5B
- P/E ratio
- 53.1
- Revenue (TTM)
- $506.2M
- Profit margin
- 9.6%
- EPS (TTM)
- $1.26
- 52-week range
- $37 – $87
- Street target
- $85.40
- Next report
- Feb 2, 2027
Headquartered in Hopkins, MN Fiscal year ends September NASDAQ: DGII digi.com
About Digi International
Digi International provides Industrial Internet of Things (IIoT) connectivity products, services and solutions for business and mission-critical applications. It reports two segments.
IoT Products & Services sells mostly through channel partners. Its offerings include:
- Digi IX, EX and TX cellular routers and gateways
- Digi XBee and Digi ConnectCore embedded modules
- Digi Connect products
- Opengear out-of-band management for data centers and edge sites
- Particle by Digi connected-device platform
- Digi Remote Manager device management software
- Ventus by Digi managed network services
IoT Solutions includes SmartSense by Digi, which offers sensor-and-software subscriptions for temperature monitoring, food safety, healthcare and cold chain, and Jolt workforce and operations software.
Customers can buy hardware outright and self-manage, or subscribe to fully managed solutions that bundle hardware, software, connectivity and 24/7 support. This model supports the company's growing annualized recurring revenue base of $197 million. End markets include utilities and energy, healthcare, data centers, retail and point-of-sale, transportation, and industrial manufacturing. Products emphasize security, reliability, scalability and AI at the edge and in the cloud.
Digi grows partly through debt-funded acquisitions: Jolt (fiscal 2025), Particle (January 2026) and the pending $130 million purchase of Norway-based sensor maker Disruptive Technologies. The company was founded in 1985. Updated
Frequently Asked Questions
What does Digi International do?
Digi International provides Industrial Internet of Things (IIoT) connectivity products, services and solutions for business and mission-critical applications. It reports two segments.
What is the DGII stock price target?
The Wall Street consensus 12-month price target for DGII is $85.40.