Stephens raises Digi International stock target from USD 75.00 to USD 85.00
Published on 10/17/2026 at 19:50 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAnalyst target and valuation
- Stephens raised its Digi International target from USD 75.00 to USD 85.00 on August 6, 2026.
- Third-quarter revenue increased 29.00 percent to USD 138.67 million.
- Digi International stock stood at USD 69.90 on October 16, 2026, down 2.58 percent versus the Nasdaq prior close.
- Digi International had a P/E ratio of 55.48 and a market capitalization of USD 2.7 billion.
Stephens raised its Digi International target from USD 75.00 to USD 85.00 in a research note dated August 6, 2026, according to MarketBeat. That target stands 21.60 percent above the latest USD 69.90 Nasdaq price. Digi International stock last stood at USD 69.90 on October 16, 2026 at 4:00 p.m. EDT, down 2.58 percent versus the Nasdaq prior close.
Revenue growth in the third quarter
Digi reported third-fiscal-quarter revenue of USD 138.67 million for the period ended June 30, 2026, up 29.00 percent from the year-earlier quarter, while adjusted earnings per share reached USD 0.75 versus USD 0.66 expected, MarketBeat reported on October 14, 2026. The revenue comparison gives the analyst target a stronger operating backdrop, but the stock's valuation remains a separate question.
Stock position on October 16
The USD 69.90 price sat between a 52-week low of USD 34.41 and a high of USD 86.84 on October 16, 2026. It was 19.50 percent below the high and 103.14 percent above the low. Trading volume reached 357,344 shares against an average of 366,646 shares.
Valuation and company profile
Digi International had a market capitalization of USD 2.7 billion and a P/E ratio of 55.48 on October 16, 2026. The company describes its business as connected-device and Internet of Things products, services and solutions, and identifies Nasdaq as the trading venue for its common stock on its investor-relations page at Digi International.
Comparison with peers
DGII (Nasdaq, USD): minus 2.58 percent, P/E 55.48, market capitalization USD 2.7 billion
Samsara (NYSE, USD): minus 7.09 percent, P/E 246.08, market capitalization USD 23.2 billion
NETGEAR (Nasdaq, USD): minus 1.17 percent, P/E minus 15.21, market capitalization USD 599.3 million
Price context
Digi International's October 16 move was weaker than NETGEAR's but firmer than Samsara's. The valuation gap is also wide: Digi's P/E of 55.48 was below Samsara's 246.08, while NETGEAR reported a negative P/E ratio.
Price context: Market report S&P 500.
