Digi International (NASDAQ:DGII – Get Free Report) updated its first quarter 2025 earnings guidance on Wednesday. The company provided earnings per share guidance of 0.460-0.500 for the period, compared to the consensus earnings per share estimate of 0.510. The company issued revenue guidance of $102.0 million-$106.0 million, compared to the consensus revenue estimate of $106.0 million. Digi International also updated its Q1 guidance to $0.46-0.50 EPS.
Analysts Set New Price Targets
Several brokerages have recently issued reports on DGII. Piper Sandler upped their price objective on Digi International from $26.00 to $32.00 and gave the company a “neutral” rating in a research report on Thursday. Craig Hallum reiterated a “hold” rating and issued a $32.00 target price (up from $28.00) on shares of Digi International in a research note on Thursday. Two equities research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $36.20.
Check Out Our Latest Stock Report on Digi International
Digi International Stock Performance
About Digi International
Digi International Inc provides business and mission-critical Internet of Things (IoT) products, services, and solutions in the United States, Europe, the Middle East, Africa, and internationally. The company operates in two segments, IoT Products & Services, and IoT Solutions. It offers cellular routers for mission-critical wireless connectivity; cellular modules to embed cellular communications abilities into the products to deploy and manage intelligent and secure cellular connected products; console servers to provide secure and remote access to network equipment in data centers and at edge locations; and radio frequency products, including embedded wireless modules, off-the-shelf gateways, modems, and adapters under the Digi XBee brand.
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