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An announcement from Digi International ( (DGII) ) is now available.
On August 18, 2025, Digi International Inc. announced the acquisition of Jolt Software, Inc. for approximately $145.5 million in cash. This acquisition aims to enhance Digi’s SmartSense offerings by integrating Jolt’s software platform, which is designed to improve team accountability and digital food safety compliance. The acquisition is expected to accelerate Digi’s annual recurring revenue growth and strengthen its market position in various verticals, including foodservice and healthcare. The transaction is anticipated to be immediately accretive to Digi’s adjusted earnings per share and is expected to generate significant synergies by 2026.
The most recent analyst rating on (DGII) stock is a Buy with a $39.00 price target. To see the full list of analyst forecasts on Digi International stock, see the DGII Stock Forecast page.
Spark’s Take on DGII Stock
According to Spark, TipRanks’ AI Analyst, DGII is a Outperform.
Digi International’s strong financial performance and positive earnings call sentiment are the primary drivers of the stock score. The company’s robust revenue growth and profitability improvements are notable strengths. However, the high P/E ratio and lack of technical analysis data slightly temper the overall score. Concerns about cash flow growth and macroeconomic challenges also warrant attention.
To see Spark’s full report on DGII stock, click here.
More about Digi International
Digi International Inc. is a global leader in the Internet of Things (IoT) industry, providing mission-critical IoT products, services, and solutions. The company offers a wide range of products including wireless communication devices, gateways, and sensor-based solutions, serving various applications across the IoT landscape. Digi’s SmartSense business unit focuses on IoT Sensing-as-a-Service solutions for asset monitoring and process digitization.
Average Trading Volume: 162,924
Technical Sentiment Signal: Strong Buy
Current Market Cap: $1.2B
For detailed information about DGII stock, go to TipRanks’ Stock Analysis page.