Digi International stock reports 29 percent revenue growth

Published on 09/29/2026 at 15:48 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Digi International stock posted USD 138.67 million in fiscal Q3 revenue on August 5, 2026. Its EUR 69.00 quote compares with a USD 82.40 analyst target.

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Digi International (ISIN US2537981027) was trading at EUR 69.00 at Lang & Schwarz on September 29, 2026 at 3:37 p.m. CEST, plus 0.36 percent versus the prior close of EUR 68.75. The latest operating catalyst is a record fiscal third quarter and a higher full-year outlook.

Fiscal Q3 revenue rises 29 percent

According to Digi International on August 5, 2026, revenue for the fiscal quarter ended June 30, 2026 reached USD 138.67 million, up 29 percent year over year. Net income rose 54 percent to USD 15.74 million, while diluted GAAP earnings per share increased 48 percent to USD 0.40.

The quarter also showed a recurring-revenue tilt: annualized recurring revenue reached USD 191 million, up 52 percent year over year. Adjusted EBITDA rose 47 percent to USD 40 million, giving investors a second growth measure beyond reported sales.

Fiscal 2026 guidance moves higher

Digi lifted its fiscal 2026 revenue outlook to USD 529 million-USD 533 million, representing 23-24 percent growth, from prior guidance of 20-22 percent. The same release raised adjusted EBITDA guidance to USD 146.0 million-USD 147.5 million, versus prior growth guidance of 23-26 percent.

The fourth-quarter range is USD 138 million-USD 142 million for revenue and USD 40.0 million-USD 41.5 million for adjusted EBITDA. Management also cited rising memory costs and an evolving global trade framework, making margin execution an important counterweight to the higher sales outlook.

Analyst target stands above the reported price

On September 29, 2026, MarketBeat reported a USD 82.40 average analyst target and a Moderate Buy consensus based on four Buy ratings and three Holds. Against the report's USD 78.22 price, the target stood 5.34 percent higher, while the stock's 200-day moving average was USD 65.47.

Euro quote at EUR 69.00

Digi International stock was trading at EUR 69.00 at Lang & Schwarz on September 29, 2026 at 3:37 p.m. CEST, plus 0.36 percent versus the prior close of EUR 68.75 on September 28, 2026. The company has a market capitalization of USD 2.9 billion as of September 29, 2026.