Digi International stock hits 52-week high at 38.83 USD

Digi International Inc (DGII) reached a significant milestone as its stock hit a 52-week high of 38.83 USD, marking an impressive 44% surge over the past six months. With a market capitalization of $1.42 billion, the company maintains a GREAT financial health score according to InvestingPro analysis. This achievement reflects a robust performance over the past year, with the company’s stock experiencing a notable 1-year change of 24.75%. The surge to this 52-week high underscores investor confidence and the company’s strong market position, with analysts setting price targets as high as $50. As Digi International continues to innovate and expand its market reach, this positive momentum may signal further growth potential for the company in the coming months. Discover more insights and 10 additional key ProTips with InvestingPro’s comprehensive analysis.

In other recent news, Digi International reported stronger-than-expected earnings for its fiscal third quarter of 2025. The company achieved earnings per share of $0.53, surpassing the forecasted $0.47, and revenue reached $108 million, exceeding the anticipated $106.17 million. Digi International also announced the acquisition of Jolt Software for approximately $145.5 million in cash, integrating Jolt into its SmartSense business unit, which is expected to be immediately accretive to adjusted earnings per share.

Additionally, Digi International unveiled its Digi XBee 3 BLU module featuring Bluetooth Low Energy 5.4 connectivity, designed for applications in industrial, healthcare, retail, and smart buildings. The company is set to release Digi XBee for Wi-SUN, a solution for deploying interoperable IP-based mesh networks across various IoT applications. Furthermore, Digi International’s Z45 Industrial Controller received certification for use on T-Mobile’s cellular network, expanding its deployment options for industrial automation. These developments highlight Digi International’s ongoing efforts to expand its product offerings and enhance its market presence.

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