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An announcement has been issued by Digi International (DGII).
On August 18, 2025, Digi International Inc. disclosed its acquisition of Jolt Software, Inc. for approximately $145.5 million in cash. This strategic acquisition is aimed at augmenting Digi’s SmartSense portfolio by assimilating Jolt’s innovative software platform.
The platform is expertly designed to enhance team accountability and ensure compliance with digital food safety standards. The deal is projected to hasten Digi’s annual recurring revenue growth trajectory and fortify its competitive standing in key sectors, including foodservice and healthcare.
It is anticipated that the transaction will promptly bolster Digi’s adjusted earnings per share and yield considerable synergies by 2026.
The latest analyst assessment for (DGII) stock is categorized as a Buy, with a target price established at $39.00. For a comprehensive list of analyst predictions regarding Digi International stock, refer to the DGII Stock Forecast page.
Spark’s Insight on DGII Stock
According to Spark, the AI Analyst at TipRanks, DGII is rated as Outperform.
Digi International’s commendable financial performance and optimistic earnings call feedback substantially contribute to its stock rating. The company’s impressive revenue escalation and profitability enhancements are undisputed advantages.
Nevertheless, the elevated P/E ratio, coupled with insufficient technical analysis insights, slightly mitigates the overall assessment. Attention must also be paid to concerns regarding cash flow progression and prevailing macroeconomic hurdles.
Further Details on Digi International
Digi International Inc. stands as a global frontrunner in the Internet of Things (IoT) realm, delivering mission-critical IoT products, services, and innovative solutions. The corporation offers a diverse array of products, including wireless communication devices, gateways, and sensor-based technologies, catering to a multitude of applications within the IoT ecosystem.
Digi’s SmartSense division specializes in 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 extensive information regarding DGII stock, visit TipRanks’ Stock Analysis page.
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