Sifting through countless of stocks in the Communications Equipment industry can be tedious, and sometimes two stocks are just too similar to judge which is the better investment. If you’re on the fence about investing in Digi International Inc. or Ondas Inc. because you’re not sure how they measure up, it’s important to compare them on a few factors before making your decision.

Read on to learn how Digi International Inc. and Ondas Inc. compare based on key financial metrics to determine which better meets your investment needs.

About Digi International Inc. and Ondas Inc.

Digi International Inc. provides business and mission-critical Internet of Things (IoT) connectivity products, services, and solutions in the United States, Europe, the Middle East, Africa, and internationally. It operates through IoT Products & Services, and IoT Solutions segments. The company offers cellular routers for mission-critical wireless connectivity; cellular modules to embed cellular communications abilities into the products to deploy and manage intelligent and secure cellular connected products; console servers to provide secure and remote access to network equipment in data centers and at edge locations; and radio frequency products, including embedded wireless modules, off-the-shelf gateways, modems, and adapters under the Digi XBee brand. It also provides embedded system products under the Digi Connect, and ConnectCore brands; and infrastructure management products comprising serial servers, which offers serial port-to-Ethernet integration of devices into wired Ethernet networks; and universal serial bus solutions. In addition, it provides Digi Remote Manager and Lighthouse, a recurring revenue cloud-based service that offers a secure environment for customers to manage connected device deployment and network devices; SmartSense by Digi for monitoring wirelessly the temperature of food and other perishable or sensitive goods, monitoring facilities or pharmacies by tracking the completion of operating tasks by employees, and quality control and incident management in food service, healthcare, and transportation/logistics industries; and Ventus for MNaaS solutions. Further, the company provides professional services, such as site planning, implementation management, application development, and customer training; data plan subscriptions; and enhanced technical support services, as well as Digi Wireless Design Services. Digi International Inc. was incorporated in 1985 and is headquartered in Hopkins, Minnesota.

Ondas Inc. provides private wireless, drone, and automated data solutions in the United States and internationally. It operates through the Ondas Networks and Ondas Autonomous Systems segments. The company offers Counter-UAS (CUAS) and site protection systems, including iron drone raider, a fully autonomous interceptor drone system for neutralizing small hostile drones; sentrycs CoRF, Cyber/RF-based CUAS platform for detection, identification, tracking, and mitigation of unauthorized drones; optimus system, fully autonomous drone platform for continuous security, surveillance, and mission-critical data collection; 4M defense, supporting missions related to demining and clearing land of unexploded ordnance; roboteam, UGVs and tactical ground robotics; apeiro motion, autonomy and mobility software for robotic platforms, enhancing navigation and operational effectiveness; and loitering munition systems, is a one way drone for a variety of missions including ISR defense and strike. It also offers FullMAX Software-Defined Radio Platform, a patented SDR platform for secure, private, wide-area broadband networks, enabling mission-critical communications; software and hardware maintenance agreements, extended software and hardware maintenance contracts, including ongoing support, security upgrades, and feature enhancements; licensing/royalties, licensing of FullMAX software and technology for integration into partner hardware and software platforms; and ancillary services, wireless network design, systems engineering, radio frequency planning, software configuration, product training, installation, onsite support, and engineering/product development. It serves rail, electric utilities, oil and gas, public safety, government, and other industrial applications. The company was formerly known as Ondas Holdings Inc. and changed its name to Ondas Inc. in January 2026. Ondas Inc. was incorporated in 2014 and is headquartered in West Palm Beach, Florida.

Latest Communications Equipment and Digi International Inc., Ondas Inc. Stock News

As of July 31, 2026, Digi International Inc. had a $2.6 billion market capitalization, compared to the Communications Equipment median of $376.1 million. Digi International Inc.’s stock is up 61.1% in 2026, up 4.1% in the previous five trading days and up 109.81% in the past year.

Currently, Digi International Inc.’s price-earnings ratio is 61.6. Digi International Inc.’s trailing 12-month revenue is $475.1 million with a 9.1% net profit margin. Year-over-year quarterly sales growth most recently was 25.1%. Analysts expect adjusted earnings to reach $2.476 per share for the current fiscal year. Digi International Inc. does not currently pay a dividend.

As of July 31, 2026, Ondas Inc. had a $4.3 billion market cap, putting it in the 65th percentile of all stocks. Ondas Inc.’s stock is down 23.3% in 2026, down 4% in the previous five trading days and up 261.84% in the past year.

Currently, Ondas Inc.’s price-earnings ratio is 17.1. Ondas Inc.’s trailing 12-month revenue is $96.6 million with a 251.9% net profit margin. As of July 31, 2026, Ondas Inc. has not reported significant year-over-year quarterly sales. Analysts expect adjusted earnings to reach $-0.180 per share for the current fiscal year. Ondas Inc. does not currently pay a dividend.

How We Compare Digi International Inc. and Ondas Inc. Stock Grades

Stock evaluation requires access to huge amounts of data and the knowledge and time to sift through it all, make sense of financial ratios, read income statements and analyze recent stock movements. AAII created A+ Investor, a robust data suite that condenses data research in an actionable and customizable way suitable for investors of all knowledge levels, to help investors streamline and work through such data.

AAII’s proprietary stock grades come with A+ Investor. These offer intuitive A‐F grades for each of five key investing factors: value, growth, momentum, earnings estimate revisions and quality. Here, we’ll take a closer look at Digi International Inc. and Ondas Inc.’s stock grades to see how they measure up against one another.

Learn more about A+ Investor here!

Sign Up to Receive a Free Special Report Showing How A+ Grades Can Help You Make Smarter Investment Decisions

Digi International Inc. and Ondas Inc. Growth Grades

Company	Ticker	Growth
Digi International Inc.	DGII	A
Ondas Inc.	ONDS	F

The foundation of growth investing is seeking out stocks of companies exhibiting strong, consistent and prolonged growth that is expected to continue into the future.

In order to compute the growth score and assign it a letter grade, the percentile ranks for each of three components‐consistency of annual sales growth, five-year sales growth rankings adjusted for extreme levels, and consistency of positive annual cash from operations‐must be determined. These three rank figures are added together, and the sum is ranked against the entire stock universe to arrive at a company’s Growth Score to create an equal distribution of grades.

The companies in the bottom 20% of the stock universe receive Growth Grades of F, considered to be very weak, while those in the top 20% receive A grades, which are considered very strong.

Digi International Inc. has a Growth Score of 95, which is Very Strong. Ondas Inc. has a Growth Score of 12, which is Very Weak.

The Growth Grade Winner: Digi International Inc.

As you can clearly see from the Growth Grade breakdown above, Digi International Inc. has a more attractive growth grade than Ondas Inc.. For investors who focus solely on how a company is growing relative to other companies in the same industry, Digi International Inc. could be a good stock to add to their portfolio. However, it’s important for investors to analyze multiple factors based on a wide range of metrics before deciding whether to buy.

Digi International Inc. and Ondas Inc.’s Momentum Grades

Company	Ticker	Momentum
Digi International Inc.	DGII	A
Ondas Inc.	ONDS	A

Momentum grades help to uncover stocks experiencing anomalously high rates of return; research finds that stocks with high relative levels of momentum tend to outperform, whereas those with low levels of momentum tend to continue underperforming. Momentum is based on the price change of a stock over a specified period relative to all other stocks.

Typically, AAII looks at the weighted relative strength over the trailing four quarters. The weighted four-quarter relative strength rank is the relative price change for each of the past four quarters. The most recent quarterly price change is given a weight of 40% and each of the three previous quarters are given a weighting of 20%.

Digi International Inc. has a Momentum Score of 90, which is Very Strong. Ondas Inc. has a Momentum Score of 97, which is Very Strong.

The Momentum Grade Winner: It’s a Tie!

Looking at the Momentum Grade breakdown above, both Digi International Inc. and Ondas Inc. have a grade of A. For those who focus solely on a company’s momentum, further research will need to be conducted into both companies to see if they fit your individual needs as an investor.

Digi International Inc. and Ondas Inc.’s Estimate Revisions Grades

Company	Ticker	Earnings Estimate
Digi International Inc.	DGII	B
Ondas Inc.	ONDS	D

Earnings estimate revisions scores consider the magnitude of a company’s earnings surprise in its last two reported fiscal quarters. Often, positive surprises beget further positive surprises‐or at least continued sales growth (the exact opposite is generally true, too).

Estimate revisions offer an indication of what analysts are thinking about the short-term prospects of a firm. Estimate revisions are based on the statistical significance of a firm’s last two quarterly earnings surprises and the percentage change in its consensus estimate for the current fiscal year over the past month and past three months.

Digi International Inc. has a Earnings Estimate Score of 62, which is Positive. Ondas Inc. has a Earnings Estimate Score of 27, which is Negative.

The Earnings Estimate Revisions Grade Winner: Digi International Inc.

As you can clearly see from the Earnings Estimate Revisions Grade breakdown above, Digi International Inc. has a better Earnings Estimate Revisions Grade than Ondas Inc.. For those who are specifically looking for companies with better short-term prospects when compared to other companies in the same industry, Digi International Inc. could be a good stock to invest in. However, it’s important to analyze multiple factors based on a wide range of metrics before deciding whether to buy.

Other Digi International Inc. and Ondas Inc. Grades

In addition to Estimate Revisions, Momentum and Growth, A+ Investor also provides grades for Value and Quality.

Successful stock investing involves buying low and selling high, so stock valuation is an important consideration for stock selection. Buying stocks that are going to go up typically means buying stocks that are undervalued in the first place, although momentum investors may argue that point.

AAII’s A+ Investor Quality Grade comes from the ranking of key metrics. Specifically, the quality grade is the percentile rank of the composite of return on assets (ROA), return on invested capital (ROIC), gross profit relative to assets, buyback yield, change in total liabilities to assets, accruals, Z double prime bankruptcy risk (Z) score and F-Score.

These 2 key factors, when combined with the above, provide a holistic view into a particular stock. Further, by joining A+ Investor you can see whether Digi International Inc. and Ondas Inc. pass any of our 60+ stock screens that have outperformed the market since their creation.

So, Which Is the Better Investment, Digi International Inc. or Ondas Inc. Stock?

Overall, Digi International Inc. stock has a Growth Score of 95, Momentum Score of 90 and Estimate Revisions Score of 62.

Ondas Inc. stock has a Growth Score of 12, Momentum Score of 97 and Estimate Revisions Score of 27.

Comparing Digi International Inc. and Ondas Inc.’s grades, scores and metrics can act as a solid basis to determine whether they may be a good investment or not. You’ll also want to look at your portfolio’s asset allocation as well as your risk tolerance and financial goals to see if either of these stocks would make a good fit for you. AAII can help you figure out which investments align with your individual needs and preferences.

Investors are encouraged to do their own due diligence and research. In this way, individuals can effectively become managers of their own assets‐without having to rely on others for financial independence. You can count on AAII for timeless articles on financial planning and stock-picking, unbiased research and actionable analysis.

A+ Investor adds to our qualitative teaching with a powerful data suite to help you whittle down investment choices to find stocks, exchange-traded funds (ETFs) or mutual funds that meet your needs.

AAII Disclaimer

We make no representations or warranties that any investor will, or is likely to, achieve profits similar to those shown, because past, hypothetical or simulated performance is not necessarily indicative of future results. Before making an investment decision, you should consider your circumstances and whether the information on our content is applicable to your situation. This information was prepared in good faith, and we accept no liability for any errors or omissions. The full disclaimer can be read here.