Digi International Stock Target Price and Analyst Consensus

DGII Stock  USD 32.67  0.03  0.09%   
The current analyst and expert consensus on Digi International is Buy, with 2 strong buy opinions. The current projected Digi International target price consensus is 47.86 with 5 analyst opinions. Check out Macroaxis Advice on Digi International to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
For more detail on how to invest in Digi Stock please use our How to Invest in Digi International guide.
The most common way Digi International analysts use to provide recommendation to the public is financial statements analysis. Many experts also interview Digi International executives and customers to further validate their buy or sell advice. Note, the total number of analysts currently providing their opinion is not significant to determine adequate consensus on Digi International. We strongly encourage you to use your own analysis of Digi International to validate this buy or sell advice. Digi International buy-or-sell recommendation module provides average expert sentiment on the projected Digi International target price to derive its highest and lowest estimates based on projected price volatility of 2.1305.
Lowest Forecast
43.55
Highest Forecast
53.12
Target Price
47.86
As of now, Digi International's Gross Profit Margin is increasing as compared to previous years. As of now, Digi International's Total Stockholder Equity is increasing as compared to previous years. The Digi International's current Property Plant And Equipment Net is estimated to increase to about 47.4 M, while Cash And Short Term Investments are projected to decrease to under 26.1 M.
  
It's important to approach Digi International's target price projections with caution. While they can be useful as part of a broader investment strategy, they are inherently speculative and subject to various kinds of risk, including market volatility and unforeseen external factors. Always consider multiple aspects and do your own research when making investment decisions.

Digi International Target Price Consensus

Digi target price is determined by taking all analyst projections and averaging them out. There is no one specific way to measure analysts' performance other than comparing it to past results via a very sophisticated attribution analysis. Digi International's target price projections below should be used in combination with other traditional price prediction techniques such as stock price forecasting, investor sentiment analysis, technical analysis, earnings estimate, and various momentum models.
   5  Buy
Most Digi analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to help potential investors understand Digi stock's fair price compared to its market value. Analysts arrive at stock ratings after researching the public financial statements of Digi International, talking to its executives and customers, or listening to those companies' conference calls.
Macroaxis Advice   Exposure   Valuation

Digi International Target Price Projection

Digi International's current and average target prices are 32.67 and 47.86, respectively. The current price of Digi International is the price at which Digi International is currently trading. On the other hand, Digi International's target price is what analysts think the stock is worth or could sell for in the future. The more significant the discrepancy between the two prices, the more it stimulates investors to act.

Current Price

Digi International Market Quote on 29th of November 2024

Low Price32.09Odds
High Price32.99Odds

32.67

Target Price

Analyst Consensus On Digi International Target Price

Low Estimate43.55Odds
High Estimate53.12Odds

47.86

Historical Lowest Forecast  43.55 Target Price  47.86 Highest Forecast  53.12
Note that most analysts generally publish their price targets in research reports on specific companies, along with recommendations for the company's stock.Although price targets are often quoted in the financial news media, there could be a delay between the publication of the latest analyst outlook on Digi International and the information provided on this page.

Digi International Analyst Ratings

Digi International's analyst stock recommendations are determined by taking an average estimate of all analysts we track and classifying them as Strong Buy, Buy, Hold, Strong Sell, or Sell. Ratings generally communicate what analysts sense about Digi International stock, and they use a lot of effort and time to analyze it and arrive at a rating. That suggests that analyst recommendations are the outcome of an objective and thorough examination of Digi International's financials, market performance, and future outlook by experienced professionals. Digi International's historical ratings below, therefore, can serve as a valuable tool for investors.

Analyst Consensus Breakdown

Average Consensus Estimates

Analysts determine stock price targets through various methods, including financial modeling, peer comparison, and company analysis. The stock price target is the analyst's best estimate of the future price of a stock and is used by investors to make investment decisions. However, it is important to note that stock price targets are not guaranteed, and the actual price of a stock can differ significantly from the target due to various factors such as market conditions, economic events, and company developments.

Steps to utilize Digi International price targets

Digi International's stock target price is an estimate of its future price, usually made by analysts. Using Digi International's target price to determine if it is a suitable investment can be done through the following steps:
  • Look at Digi International's target prices provided by various analysts and compare them. This can help you gain a more balanced view of the Stock's potential.
  • Look at the analyst's track record to determine if they have a history of accurately predicting stock prices.
  • Look at the Company's financials, including revenue, earnings, and debt, to determine if it is in good financial health.
  • Consider market conditions. For example, take into account the state of the economy, competition, and regulatory environment, to determine if Digi International's stock is likely to perform well.
  • Diversify your portfolio and do not rely solely on stock target prices to make investment decisions. Invest in a mix of stocks, bonds, and other assets to manage risk.
Remember that stock target prices are just estimates and are subject to change. Therefore, using them as one factor in a larger investment strategy is essential rather than relying solely on them to make decisions.

Additional Digi International Value Projection Modules

Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of Digi International is a key component of Digi International valuation and have some predictive power on the future returns of a Digi International.
Hype
Prediction
LowEstimatedHigh
30.4932.6734.85
Details
Intrinsic
Valuation
LowRealHigh
29.0431.2233.40
Details
Naive
Forecast
LowNextHigh
30.3932.5734.75
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.480.500.51
Details

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When determining whether Digi International offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Digi International's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Digi International Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Digi International Stock:
Check out Macroaxis Advice on Digi International to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
For more detail on how to invest in Digi Stock please use our How to Invest in Digi International guide.
You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.