Analyst Price Target is $47.00
▲ +32.62% Upside Potential
This price target is based on 5 analysts offering 12 month price targets for Digi International in the last 3 months. The average price target is $47.00, with a high forecast of $50.00 and a low forecast of $41.00. The average price target represents a 32.62% upside from the last price of $35.44.
Current Consensus is
Buy
The current consensus among 5 investment analysts is to buy stock in Digi International. This Buy consensus rating has held steady for over two years.
Digi International, Inc. engages in the provision of business and mission-critical Internet of Things (IoT) connectivity products, services, and solutions. It operates under the IoT Products and Services and IoT Solutions segments. The IoT Products and Services segment offers products and services that help original equipment manufacturers, enterprise, and government customers and secure IoT connectivity solutions. The IoT Solutions segment includes managed network-as a-service business via acquisition of Ventus Wireless, LLC, and affiliated entities and SmartSense by Digi business. The company was founded in 1985 and is headquartered in Hopkins, MN.
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