DGII official logo DGII
DGII 1-star rating from Upturn Advisory
Digi International Inc (DGII) company logo

Digi International Inc (DGII)

Digi International Inc (DGII) 1-star rating from Upturn Advisory
$43.71
Last Close (24-hour delay)
Profit since last BUY26.33%
upturn advisory logo
Consider higher Upturn Star rating
BUY since 63 days
  • BUY Advisory
  • SELL Advisory (Profit)
  • SELL Advisory (Loss)
  • Profit
  • Loss
  • Pass (Skip investing)
Upturn Stock price based on last close icon Stock price based on last close
*as per simulation
(see disclosures)
Time period over
  • ALL
  • 1Y
  • 1M
  • 1W

Upturn Advisory Summary

12/04/2025: DGII (1-star) has a low Upturn Star Rating. Not recommended to BUY.

Upturn Star Rating

Upturn 1 star rating for performance

Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

Number of Analysts

2 star rating from financial analysts

6 Analysts rated it

Limited analyst coverage, niche firm, research info may be scarce.

1 Year Target Price $47.33

1 Year Target Price $47.33

Analysts Price Target For last 52 week
$47.33 Target price
52w Low $22.39
Current$43.71
52w High $44.79

Analysis of Past Performance

Type Stock
Historic Profit -15.3%
Avg. Invested days 42
Today’s Advisory Consider higher Upturn Star rating
Upturn Star Rating upturn star rating icon
Upturn Advisory Performance Upturn Advisory Performance icon 3.0
Stock Returns Performance Upturn Returns Performance icon 1.0
Upturn Profits based on simulation icon Profits based on simulation
Upturn last close icon Last Close 12/04/2025

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 1.60B USD
Price to earnings Ratio 39.74
1Y Target Price 47.33
Price to earnings Ratio 39.74
1Y Target Price 47.33
Volume (30-day avg) 6
Beta 0.88
52 Weeks Range 22.39 - 44.79
Updated Date 12/4/2025
52 Weeks Range 22.39 - 44.79
Updated Date 12/4/2025
Dividends yield (FY) -
Basic EPS (TTM) 1.08

Analyzing Revenue: Products, Geography and Growth

Revenue by Products

Product revenue - Year on Year

Revenue by Geography

Geography revenue - Year on Year

Earnings Date

Report Date 2025-11-19
When After Market
Estimate 0.51
Actual 0.56

Profitability

Profit Margin 9.48%
Operating Margin (TTM) 12.49%

Management Effectiveness

Return on Assets (TTM) 4.05%
Return on Equity (TTM) 6.71%

Valuation

Trailing PE 39.74
Forward PE 17.24
Enterprise Value 1697413216
Price to Sales(TTM) 3.71
Enterprise Value 1697413216
Price to Sales(TTM) 3.71
Enterprise Value to Revenue 3.95
Enterprise Value to EBITDA 18.76
Shares Outstanding 37232593
Shares Floating 36363584
Shares Outstanding 37232593
Shares Floating 36363584
Percent Insiders 2.42
Percent Institutions 101.96

Icon representing Upturn AI-generated SWOT analysis summary Upturn AI SWOT

Digi International Inc

Digi International Inc(DGII) company logo displayed in Upturn AI summary

Company Overview

Company history and background logo History and Background

Digi International Inc. was founded in 1977 and has evolved from a manufacturer of PC connectivity products to a provider of mission-critical machine-to-machine (M2M) and Internet of Things (IoT) connectivity products and services.

Company business area logo Core Business Areas

  • IoT Products & Services: Provides wireless and wired connectivity products, including cellular routers, serial servers, embedded modules, and software solutions for IoT applications.
  • Embedded Systems: Offers embedded systems and modules that enable connectivity in various industrial and commercial devices.
  • Network Management: Provides software and solutions for network management and remote monitoring of connected devices.

leadership logo Leadership and Structure

The leadership team includes Ron Konezny (President & CEO). The organizational structure consists of business units focused on product development, sales, and marketing.

Top Products and Market Share

Product Key Offerings logo Key Offerings

  • Cellular Routers: Digi's cellular routers provide reliable and secure connectivity for remote locations and IoT applications. Competitors include Sierra Wireless, Cradlepoint, and Teltonika Networks. While specific market share data is fragmented, Digi is considered a major player in the industrial cellular router market.
  • ConnectCore SOMs: Embedded System-on-Modules (SOMs) that enable secure and reliable connectivity for industrial IoT devices. Competitors include Toradex, SECO, and Advantech. Market share data is fragmented, but Digi is a significant provider in the embedded connectivity space.
  • Digi Remote Manager: A cloud-based platform for remote device management and monitoring. Competitors include Sierra Wireless AirLink Management Service, and Cisco IoT Field Network Director. Digi aims to become the leading provider of device management solutions.

Market Dynamics

industry overview logo Industry Overview

The IoT connectivity market is experiencing rapid growth, driven by increasing demand for remote monitoring, automation, and data analytics across various industries. Key trends include the adoption of 5G, edge computing, and cybersecurity solutions.

Positioning

Digi International Inc. is positioned as a provider of secure and reliable connectivity solutions for mission-critical IoT applications. Its competitive advantages include a focus on industrial and commercial markets, a broad product portfolio, and a strong reputation for quality and support.

Total Addressable Market (TAM)

The global IoT market is estimated to be worth hundreds of billions of dollars. Digi is well-positioned to capture a significant share of this market by focusing on specific verticals and offering comprehensive connectivity solutions.

Upturn SWOT Analysis

Strengths

  • Strong brand reputation in the industrial IoT market
  • Broad product portfolio covering various connectivity technologies
  • Focus on security and reliability
  • Established distribution network

Weaknesses

  • Dependence on specific industries and geographic regions
  • Relatively small size compared to larger competitors
  • Exposure to component supply chain disruptions
  • Reliance on third-party software and services.

Opportunities

  • Expansion into new geographic markets
  • Development of new IoT solutions for emerging applications
  • Strategic acquisitions to expand product portfolio
  • Partnerships with other technology providers

Threats

  • Intense competition from larger players
  • Rapid technological changes
  • Economic downturns
  • Cybersecurity threats

Competitors and Market Share

Key competitor logo Key Competitors

  • SWIR
  • CRAD
  • ERIC

Competitive Landscape

Digi International competes with a mix of large and small players in the IoT connectivity market. Its advantages include a focus on industrial and commercial markets, a broad product portfolio, and a strong reputation for quality. However, it faces challenges from larger competitors with greater resources and brand recognition.

Major Acquisitions

Opengear

  • Year: 2019
  • Acquisition Price (USD millions): 140
  • Strategic Rationale: To expand Digi's remote management and monitoring capabilities for network infrastructure.

Growth Trajectory and Initiatives

Historical Growth: Digi has experienced consistent revenue and earnings growth over the past several years, driven by the increasing adoption of IoT technologies.

Future Projections: Analysts expect Digi to continue to grow at a healthy pace in the coming years, driven by increasing demand for IoT connectivity solutions. The projections are usually between 7 to 11 percent growth annually

Recent Initiatives: Recent initiatives include the development of new 5G-enabled products, expansion into new vertical markets, and strategic acquisitions to expand the product portfolio.

Summary

Digi International is a strong player in the industrial IoT market, offering secure and reliable connectivity solutions. Its broad product portfolio and focus on quality are key strengths. However, it faces competition from larger players and needs to manage its dependence on specific industries and geographic regions. Strategic acquisitions and product innovation are crucial for continued growth.

Similar Stocks

Sources and Disclaimers

Data Sources:

  • Company SEC Filings
  • Analyst Reports
  • Industry Publications
  • Company Website

Disclaimers:

This analysis is based on publicly available information and is not financial advice. Market conditions and company performance are subject to change.

Information icon for Upturn AI Summarization accuracy disclaimer AI Summarization is directionally correct and might not be accurate.

Information icon for Upturn AI Summarization data freshness disclaimer Summarized information shown could be a few years old and not current.

Information icon warning about Upturn AI Fundamental Rating based on potentially old data Fundamental Rating based on AI could be based on old data.

Information icon warning about potential inaccuracies or hallucinations in Upturn AI-generated summaries AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About Digi International Inc

Exchange NASDAQ
Headquaters Hopkins, MN, United States
IPO Launch date 1990-03-26
President, CEO & Director Mr. Ronald E. Konezny
Sector Technology
Industry Communication Equipment
Full time employees 913
Full time employees 913

Digi International Inc. provides business and mission-critical Internet of Things (IoT) connectivity products, services, and solutions in the United States, Europe, the Middle East, Africa, and internationally. It operates through IoT Products & Services, and IoT Solutions segments. The company 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. It also provides embedded system products under the Digi Connect, and ConnectCore brands; and infrastructure management products comprising serial servers, which offers serial port-to-Ethernet integration of devices into wired Ethernet networks; and universal serial bus solutions. In addition, it provides Digi Remote Manager and Lighthouse, a recurring revenue cloud-based service that offers a secure environment for customers to manage connected device deployment and network devices; SmartSense by Digi for monitoring wirelessly the temperature of food and other perishable or sensitive goods, monitoring facilities or pharmacies by tracking the completion of operating tasks by employees, and quality control and incident management in food service, healthcare, and transportation/logistics industries; and Ventus for MNaaS solutions. Further, the company provides professional services, such as site planning, implementation management, application development, and customer training; data plan subscriptions; and enhanced technical support services, as well as Digi Wireless Design Services. Digi International Inc. was incorporated in 1985 and is headquartered in Hopkins, Minnesota.