
Digi (DGII) Stock Forecast & Price Target
Digi (DGII) Analyst Ratings
Bulls say
Digi International Inc. has demonstrated strong revenue growth within its IoT Products and Services segment, which constitutes the majority of its earnings, contributing to a positive outlook for the company. The company has also raised guidance for future financial performance, indicating confidence in its potential to outperform previous estimates. Additionally, the market valuation multiple suggests potential for growth relative to its IoT Solutions segment, further enhancing its financial appeal in comparison to competitors.
Bears say
Digi International Inc faces significant challenges due to the impending obsolescence of certain hardware products, which threatens to diminish sales and affect gross margins adversely. The company's dependence on single-source suppliers for crucial product components presents additional risks related to pricing fluctuations and potential operational failures. Furthermore, reliance on external wireless communication networks highlights vulnerabilities in network capacity and reliability, which may jeopardize customer service and overall market position.
This aggregate rating is based on analysts' research of Digi and is not a guaranteed prediction by Public.com or investment advice.
Digi (DGII) Analyst Forecast & Price Prediction
Start investing in Digi (DGII)
Order type
Buy in
Order amount
Est. shares
0 shares