Stock Price
P/E Ratio
Volume Traded Today
Dividend
52 Week High/low
Descartes Systems Group Inc-The Market Cap
Based on ratings from 14 stock analysts, the Descartes Systems Group Inc-The stock price is expected to increase by 1.47% in 12 months. This is calculated by using the average 12-month stock price forecast for Descartes Systems Group Inc-The. The lowest target is $85.67 and the highest is $135. Please note analyst price targets are not guaranteed and could be missed completely.
About 14 Wall Street analysts have assignedDSGX 9 buy ratings, 4 hold ratings, and 1 sell ratings. This means that analysts expect Descartes Systems Group Inc-The to buy. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on DSGX. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.
These are the latest 20 analyst ratings of DSGX.
|
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
|---|---|---|---|---|
| Thanos Moschopoulos BMO Capital | Market Perform | $120 | Maintains | Dec 4, 2024 |
| Kevin Krishnaratne Scotiabank | Sector Outperform | $125 | Maintains | Dec 4, 2024 |
| Paul Treiber RBC Capital | Outperform | $133 | Maintains | Nov 29, 2024 |
| Raimo Lenschow Barclays | Equal-Weight | $125 | Upgrade | Nov 15, 2024 |
| Kevin Krishnaratne Scotiabank | Sector Outperform | $120 | Maintains | Oct 24, 2024 |
| John Shao National Bank Financial Inc | Outperform | $125 | Initiates | Sep 26, 2024 |
| Raimo Lenschow Barclays | Underweight | $88 | Maintains | Sep 5, 2024 |
| Thanos Moschopoulos BMO Capital | Market Perform | $104 | Maintains | Sep 5, 2024 |
| Paul Treiber RBC Capital | Outperform | $115 | Reiterates | Sep 5, 2024 |
| Paul Steep Scotiabank | Sector Outperform | $104 | Maintains | May 31, 2024 |
| Steven Li Raymond James | Market Perform | $96 | Maintains | May 31, 2024 |
| Daniel Chan TD Securities | Buy | $115 | Maintains | May 30, 2024 |
| Stephanie Price CIBC | Outperformer | $108 | Maintains | May 30, 2024 |
| Thanos Moschopoulos BMO Capital | Market Perform | $100 | Maintains | May 30, 2024 |
| Justin Long Stephens & Co. | Overweight | $110 | Maintains | May 30, 2024 |
| Raimo Lenschow Barclays | Underweight | $87 | Maintains | May 17, 2024 |
| Lachlan Brown Redburn Atlantic | Neutral | $90 | Initiates | May 14, 2024 |
| Stephanie Price CIBC | Outperformer | $101 | Upgrade | Apr 16, 2024 |
| Paul Treiber RBC Capital | Outperform | $110 | Reiterates | Apr 11, 2024 |
| Justin Long Stephens & Co. | Overweight | $107 | Maintains | Mar 7, 2024 |
When did it IPO
1999
Staff Count
0
Country
Canada
Sector/Industry
Technology/Software - Application
CEO
Mr. Edward J. Ryan B.A.
Market Cap
$10.26B
In 2023, DSGX generated $486.0M in revenue, which was a increase of 14.44% from the previous year. This can be seen as a signal that DSGX's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Thu, 05 Dec 2024
Sentiment - POSITIVE
Source - Seeking Alpha
Summary - Descartes Systems reported 15% revenue and 14% adjusted EBITDA growth in Q3'25, aided by five acquisitions and a strong cash flow. It aims for 10%-15% annual EBITDA growth, backed by a debt-free balance sheet.
Why It Matters - Strong Q3 results and effective M&A strategy indicate Descartes' growth potential, with a solid financial position and focus on innovation, which may enhance investor confidence and drive stock performance.
Wed, 04 Dec 2024
Sentiment - POSITIVE
Source - Zacks Investment Research
Summary - Descartes reported strong fiscal Q3 2025 results, boosted by growth in Services, License, and Professional services, along with strategic acquisitions.
Why It Matters - Descartes' strong fiscal Q3 2025 performance signals robust growth across key segments and effective acquisitions, indicating potential for sustained profitability and market expansion.
Tue, 03 Dec 2024
Sentiment - NEUTRAL
Source - Seeking Alpha
Summary - Descartes Systems Group Inc. (NASDAQ: DSGX) will hold its Q3 2025 earnings call on December 3, 2024, at 5:30 PM ET with key executives participating.
Why It Matters - Earnings conference calls provide insights into a company's financial health and future outlook, influencing investor sentiment and stock performance. Key participants may signal market confidence or concerns.
Tue, 03 Dec 2024
Sentiment - NEUTRAL
Source - GlobeNewsWire
Summary - Descartes Systems Group Inc. reported record revenues for Q3FY25, attributed to the expansion of its global logistics network. Results are reported in US currency per GAAP standards.
Why It Matters - Record revenues signal strong demand and effective scaling of operations, likely boosting investor confidence and driving stock performance for Descartes Systems Group Inc.
Tue, 03 Dec 2024
Sentiment - NEUTRAL
Source - Zacks Investment Research
Summary - Descartes Systems (DSGX) reported its quarterly performance for the period ending October 2024, highlighting the importance of comparing key metrics to Wall Street estimates and prior year values.
Why It Matters - Comparing Descartes Systems' performance against Wall Street estimates and past results provides insights into growth trends and market expectations, influencing investment decisions.
Tue, 03 Dec 2024
Sentiment - NEGATIVE
Source - Zacks Investment Research
Summary - Descartes Systems (DSGX) reported quarterly earnings of $0.42 per share, below the Zacks Consensus estimate of $0.44, but up from $0.31 per share a year prior.
Why It Matters - Descartes Systems' earnings miss indicates potential operational challenges, which may impact stock performance and investor confidence. Year-over-year growth shows some improvement, but expectations were not met.
The information that Ticker Nerd provides is general in nature as it has been prepared without taking account of your objectives, financial situation or needs. It is not intended as legal, financial or investment advice and should not be construed or relied on as such. Ticker Nerd is for information purposes only. Ticker Nerd is not responsible for any damages or losses that may occur as a result of reliance on this information. Before making any commitment of a legal or financial nature you should seek advice from a qualified and registered legal practitioner or financial or investment adviser. All content, group, messaging, tweets, newsletter, article, and email created by Ticker Nerd is intended for educational and information purposes only, is not financial, investment, legal or tax advice, and is a restatement, summary or extract of other data and research reports that are widely distributed from sources such as, but not limited to, Bloomberg, Market Watch, Wall Street Journal, Google Finance, and Yahoo Finance. Ticker Nerd is not a registered financial, investment, legal or tax advisor and is not liable for any financial loss you may incur acting on any information provided by Ticker Nerd. By registering, you agree not to hold Ticker Nerd liable at any time or under any circumstances for your decisions, actions, or results.
