Descartes Systems Group (DSGX) Stock Forecast, Price Target & Predictions
DSGX Stock Forecast
Descartes Systems Group stock forecast is as follows: an average price target of $109.63 (represents a -3.94% downside from DSGX’s last price of $114.13) and a rating consensus of 'Buy', based on 10 wall street analysts offering a 1-year stock forecast.
DSGX Price Target
The average price target for Descartes Systems Group (DSGX) is $109.63 based on 1-year price targets from 10 Wall Street analysts in the past 3 months, with a price target range of $125.00 to $74.00. This represents a potential -3.94% downside from DSGX's last price of $114.13.
DSGX Analyst Ratings
According to 10 Wall Street analysts, Descartes Systems Group's rating consensus is 'Buy'. The analyst rating breakdown for DSGX stock is 0 'Strong Buy' (0.00%), 7 'Buy' (70.00%), 2 'Hold' (20.00%), 1 'Sell' (10.00%), and 0 'Strong Sell' (0.00%).
Descartes Systems Group Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Nov 15, 2024 | Raimo Lenschow | Barclays | $125.00 | $111.97 | 11.64% | 9.52% |
| Oct 24, 2024 | Paul Steep | Scotiabank | $120.00 | $106.52 | 12.66% | 5.14% |
| Sep 25, 2024 | John Shao | National Bank | $125.00 | $102.23 | 22.27% | 9.52% |
| Sep 05, 2024 | Raimo Lenschow | Barclays | $88.00 | $98.75 | -10.89% | -22.89% |
| May 31, 2024 | Paul Steep | Scotiabank | $104.00 | $91.00 | 14.29% | -8.88% |
| May 30, 2024 | Stephanie Price | CIBC | $108.00 | $92.20 | 17.14% | -5.37% |
| May 30, 2024 | Thanos Moschopoulos | BMO Capital | $100.00 | $97.60 | 2.46% | -12.38% |
| May 30, 2024 | Justin Long | Stephens | $110.00 | $92.48 | 18.94% | -3.62% |
| May 24, 2024 | Paul Treiber | RBC Capital | $115.00 | $99.01 | 16.15% | 0.76% |
| May 17, 2024 | Raimo Lenschow | Barclays | $87.00 | $97.65 | -10.91% | -23.77% |
The latest Descartes Systems Group stock forecast, released on Nov 15, 2024 by Raimo Lenschow from Barclays, set a price target of $125.00, which represents a 11.64% increase from the stock price at the time of the forecast ($111.97), and a 9.52% increase from DSGX last price ($114.13).
Descartes Systems Group Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 2 | 4 | 11 |
| Avg Price Target | $122.50 | $114.50 | $107.55 |
| Last Closing Price | $114.13 | $114.13 | $114.13 |
| Upside/Downside | 7.33% | 0.32% | -5.77% |
In the current month, the average price target of Descartes Systems Group stock is $122.50, according to 2 Wall Street analysts offering twelve months forecast. The average price target represents a 7.33% increase as opposed to Descartes Systems Group's last price of $114.13. This month's average price target is up 6.99% compared to last quarter, and up 13.90% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Nov 15, 2024 | Barclays | Underweight | Underweight | Upgrade |
| Oct 24, 2024 | Scotiabank | Outperform | Outperform | Hold |
| Oct 24, 2024 | Scotiabank | Sector Outperform | Sector Outperform | Hold |
| Oct 14, 2024 | Barclays | Underweight | Underweight | Hold |
| Oct 09, 2024 | Wolfe Research | Outperform | Outperform | Hold |
| Sep 25, 2024 | National Bank | - | Outperform | Initialise |
| Sep 05, 2024 | BMO Capital | Market Perform | Market Perform | Hold |
| Sep 05, 2024 | Barclays | Underweight | Underweight | Hold |
| May 31, 2024 | Scotiabank | Outperform | Outperform | Hold |
| May 31, 2024 | Raymond James | Market Perform | Market Perform | Hold |
Descartes Systems Group's last stock rating was published by Barclays on Nov 15, 2024. The company gave DSGX a "Underweight" rating, the same as its previous rate.
Descartes Systems Group Financial Forecast
Descartes Systems Group Revenue Forecast
| Jan 26 | Oct 25 | Jul 25 | May 25 | Jan 25 | Oct 24 | Jul 24 | May 24 | Jan 24 | Oct 23 | Jul 23 | May 23 | Jan 23 | Oct 22 | Jul 22 | May 22 | Jan 22 | Oct 21 | Jul 21 | May 21 | Jan 21 | Oct 20 | Jul 20 | May 20 | Jan 20 | Oct 19 | Jul 19 | May 19 | Jan 19 | May 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | $125.14M | $121.47M | $123.01M | - | $112.37M | $108.91M | $104.57M | - | $93.41M | $87.51M | $84.05M | - | $84.22M | $83.03M | $80.54M | - | $71.03M | - |
| Avg Forecast | $180.40M | $175.29M | $171.94M | $165.05M | $162.28M | $160.85M | $158.00M | $150.30M | $147.17M | $141.50M | $143.11M | $133.30M | $125.21M | $120.80M | $118.54M | $112.83M | $111.59M | $109.46M | $100.36M | $94.23M | $89.35M | $84.36M | $81.63M | $83.92M | $84.35M | $83.69M | $81.57M | $78.33M | $71.82M | $69.99M |
| High Forecast | $182.68M | $177.50M | $174.11M | $167.13M | $162.83M | $161.03M | $160.00M | $152.20M | $149.03M | $143.29M | $144.92M | $134.98M | $126.80M | $122.27M | $120.04M | $114.25M | $113.00M | $110.84M | $101.63M | $95.42M | $90.48M | $85.43M | $82.66M | $84.98M | $85.42M | $84.75M | $82.60M | $79.32M | $72.73M | $83.99M |
| Low Forecast | $178.43M | $173.37M | $170.06M | $163.25M | $161.72M | $160.67M | $156.28M | $148.66M | $145.56M | $139.95M | $141.55M | $131.84M | $123.85M | $118.86M | $116.69M | $111.07M | $109.85M | $107.75M | $98.79M | $92.76M | $87.96M | $83.04M | $80.36M | $82.61M | $83.04M | $82.39M | $80.30M | $77.11M | $70.70M | $56.00M |
| # Analysts | 2 | 1 | 1 | 1 | 5 | 5 | 2 | 2 | 2 | 4 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 9 | 9 | 10 | 14 | 14 | 8 | 8 | 8 | 19 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.00% | 1.01% | 1.04% | - | 1.01% | 1.00% | 1.04% | - | 1.05% | 1.04% | 1.03% | - | 1.00% | 0.99% | 0.99% | - | 0.99% | - |
Descartes Systems Group's average Quarter revenue forecast for May 23 based on 2 analysts is $133.30M, with a low forecast of $131.84M, and a high forecast of $134.98M. DSGX's average Quarter revenue forecast represents a 6.52% increase compared to the company's last Quarter revenue of $125.14M (Jan 23).
Descartes Systems Group EBITDA Forecast
| Jan 26 | Oct 25 | Jul 25 | May 25 | Jan 25 | Oct 24 | Jul 24 | May 24 | Jan 24 | Oct 23 | Jul 23 | May 23 | Jan 23 | Oct 22 | Jul 22 | May 22 | Jan 22 | Oct 21 | Jul 21 | May 21 | Jan 21 | Oct 20 | Jul 20 | May 20 | Jan 20 | Oct 19 | Jul 19 | May 19 | Jan 19 | May 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 1 | 1 | 1 | 5 | 5 | 2 | 2 | 2 | 4 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 9 | 9 | 10 | 14 | 14 | 8 | 8 | 8 | 19 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | $51.79M | $50.90M | $50.22M | - | $42.48M | $44.59M | $42.38M | - | $37.32M | $33.73M | $30.57M | - | $30.59M | $29.38M | $28.30M | - | $22.50M | - |
| Avg Forecast | $69.79M | $67.81M | $66.51M | $63.85M | $62.78M | $62.22M | $61.12M | $55.69M | $56.93M | $54.74M | $55.36M | $50.62M | $39.62M | $47.56M | $46.67M | $46.02M | $43.93M | $43.09M | $39.51M | $27.99M | $35.18M | $33.21M | $32.14M | $30.59M | $33.21M | $32.95M | $32.11M | $24.55M | $28.28M | $21.30M |
| High Forecast | $70.67M | $68.67M | $67.36M | $64.66M | $62.99M | $62.29M | $61.90M | $66.82M | $57.65M | $55.43M | $56.06M | $60.75M | $47.54M | $48.14M | $47.26M | $55.23M | $44.49M | $43.64M | $40.01M | $33.59M | $35.62M | $33.63M | $32.54M | $36.71M | $33.63M | $33.36M | $32.52M | $29.46M | $28.63M | $25.56M |
| Low Forecast | $69.03M | $67.07M | $65.79M | $63.15M | $62.56M | $62.16M | $60.46M | $44.55M | $56.31M | $54.14M | $54.76M | $40.50M | $31.69M | $46.80M | $45.94M | $36.82M | $43.25M | $42.42M | $38.89M | $22.39M | $34.63M | $32.69M | $31.64M | $24.47M | $32.69M | $32.43M | $31.61M | $19.64M | $27.83M | $17.04M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.31% | 1.07% | 1.08% | - | 0.97% | 1.03% | 1.07% | - | 1.06% | 1.02% | 0.95% | - | 0.92% | 0.89% | 0.88% | - | 0.80% | - |
2 analysts predict DSGX's average Quarter EBITDA for May 23 to be $50.62M, with a high of $60.75M and a low of $40.50M. This is -2.25% lower than Descartes Systems Group's previous annual EBITDA (Jan 23) of $51.79M.
Descartes Systems Group Net Income Forecast
| Jan 26 | Oct 25 | Jul 25 | May 25 | Jan 25 | Oct 24 | Jul 24 | May 24 | Jan 24 | Oct 23 | Jul 23 | May 23 | Jan 23 | Oct 22 | Jul 22 | May 22 | Jan 22 | Oct 21 | Jul 21 | May 21 | Jan 21 | Oct 20 | Jul 20 | May 20 | Jan 20 | Oct 19 | Jul 19 | May 19 | Jan 19 | May 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 1 | 1 | 1 | 5 | 5 | 2 | 2 | 2 | 4 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 9 | 9 | 10 | 14 | 14 | 8 | 8 | 8 | 19 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | $29.75M | $26.47M | $22.90M | - | $19.19M | $25.49M | $23.18M | - | $17.20M | $13.31M | $10.54M | - | $11.44M | $9.67M | $8.57M | - | $7.89M | - |
| Avg Forecast | $43.87M | $42.10M | $39.87M | $37.57M | $36.66M | $35.16M | $33.36M | $25.16M | $32.52M | $28.74M | $29.24M | $22.87M | $15.63M | $23.40M | $23.72M | $20.79M | $21.65M | $21.83M | $21.05M | $12.90M | $13.81M | $11.66M | $10.99M | $11.44M | $10.97M | $10.17M | $7.18M | $8.61M | $9.76M | $7.33M |
| High Forecast | $44.59M | $42.79M | $40.52M | $38.18M | $37.26M | $35.96M | $33.54M | $30.19M | $33.03M | $29.21M | $29.72M | $27.45M | $18.76M | $23.78M | $24.11M | $24.95M | $22.00M | $22.18M | $21.39M | $15.48M | $14.03M | $11.85M | $11.18M | $13.73M | $11.15M | $10.34M | $7.30M | $10.33M | $9.92M | $8.80M |
| Low Forecast | $43.25M | $41.50M | $39.30M | $37.03M | $35.86M | $33.57M | $33.19M | $20.13M | $32.00M | $28.33M | $28.83M | $18.30M | $12.51M | $22.92M | $23.24M | $16.63M | $21.21M | $21.38M | $20.62M | $10.32M | $13.53M | $11.42M | $10.77M | $9.15M | $10.75M | $9.97M | $7.04M | $6.89M | $9.56M | $5.87M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.90% | 1.13% | 0.97% | - | 0.89% | 1.17% | 1.10% | - | 1.25% | 1.14% | 0.96% | - | 1.04% | 0.95% | 1.19% | - | 0.81% | - |
Descartes Systems Group's average Quarter net income forecast for May 23 is $22.87M, with a range of $18.30M to $27.45M. DSGX's average Quarter net income forecast represents a -23.12% decrease compared to the company's last Quarter net income of $29.75M (Jan 23).
Descartes Systems Group SG&A Forecast
| Jan 26 | Oct 25 | Jul 25 | May 25 | Jan 25 | Oct 24 | Jul 24 | May 24 | Jan 24 | Oct 23 | Jul 23 | May 23 | Jan 23 | Oct 22 | Jul 22 | May 22 | Jan 22 | Oct 21 | Jul 21 | May 21 | Jan 21 | Oct 20 | Jul 20 | May 20 | Jan 20 | Oct 19 | Jul 19 | May 19 | Jan 19 | May 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 1 | 1 | 1 | 5 | 5 | 2 | 2 | 2 | 4 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 9 | 9 | 10 | 14 | 14 | 8 | 8 | 8 | 19 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | $27.46M | $26.93M | $27.02M | - | $23.76M | $23.39M | $22.18M | - | $20.62M | $9.47M | $17.75M | - | $19.59M | $18.55M | $18.26M | - | $17.09M | - |
| Avg Forecast | $39.34M | $38.23M | $37.50M | $35.99M | $35.39M | $35.08M | $34.46M | $31.15M | $32.09M | $30.86M | $31.21M | $28.32M | $11.13M | $26.34M | $25.85M | $25.74M | $24.34M | $23.87M | $21.89M | $15.46M | $19.49M | $18.40M | $17.80M | $19.59M | $18.40M | $18.25M | $17.79M | $18.65M | $15.66M | $17.67M |
| High Forecast | $39.84M | $38.71M | $37.97M | $36.45M | $35.51M | $35.12M | $34.89M | $37.38M | $32.50M | $31.25M | $31.60M | $33.98M | $13.35M | $26.66M | $26.18M | $30.89M | $24.64M | $24.17M | $22.16M | $18.56M | $19.73M | $18.63M | $18.03M | $23.51M | $18.63M | $18.48M | $18.01M | $22.38M | $15.86M | $21.20M |
| Low Forecast | $38.91M | $37.81M | $37.09M | $35.60M | $35.27M | $35.04M | $34.08M | $24.92M | $31.74M | $30.52M | $30.87M | $22.66M | $8.90M | $25.92M | $25.45M | $20.60M | $23.96M | $23.50M | $21.54M | $12.37M | $19.18M | $18.11M | $17.52M | $15.68M | $18.11M | $17.97M | $17.51M | $14.92M | $15.42M | $14.13M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 2.47% | 1.02% | 1.05% | - | 0.98% | 0.98% | 1.01% | - | 1.06% | 0.51% | 1.00% | - | 1.07% | 1.02% | 1.03% | - | 1.09% | - |
Descartes Systems Group's average Quarter SG&A projection for May 23 is $28.32M, based on 2 Wall Street analysts, with a range of $22.66M to $33.98M. The forecast indicates a 3.13% rise compared to DSGX last annual SG&A of $27.46M (Jan 23).
Descartes Systems Group EPS Forecast
| Jan 26 | Oct 25 | Jul 25 | May 25 | Jan 25 | Oct 24 | Jul 24 | May 24 | Jan 24 | Oct 23 | Jul 23 | May 23 | Jan 23 | Oct 22 | Jul 22 | May 22 | Jan 22 | Oct 21 | Jul 21 | May 21 | Jan 21 | Oct 20 | Jul 20 | May 20 | Jan 20 | Oct 19 | Jul 19 | May 19 | Jan 19 | May 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 1 | 1 | 1 | 5 | 5 | 2 | 2 | 2 | 4 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 9 | 9 | 10 | 14 | 14 | 8 | 8 | 8 | 19 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | $0.35 | $0.31 | $0.27 | - | $0.23 | $0.30 | $0.27 | - | $0.20 | $0.16 | $0.13 | - | $0.14 | $0.11 | $0.11 | - | $0.10 | - |
| Avg Forecast | $0.50 | $0.48 | $0.46 | $0.43 | $0.42 | $0.40 | $0.38 | $0.39 | $0.37 | $0.33 | $0.34 | $0.33 | $0.29 | $0.27 | $0.27 | $0.25 | $0.25 | $0.25 | $0.24 | $0.18 | $0.16 | $0.13 | $0.13 | $0.13 | $0.13 | $0.12 | $0.08 | $0.13 | $0.11 | $0.11 |
| High Forecast | $0.51 | $0.49 | $0.46 | $0.44 | $0.43 | $0.41 | $0.38 | $0.40 | $0.38 | $0.33 | $0.34 | $0.33 | $0.30 | $0.27 | $0.28 | $0.26 | $0.25 | $0.25 | $0.25 | $0.18 | $0.16 | $0.14 | $0.13 | $0.13 | $0.13 | $0.12 | $0.08 | $0.14 | $0.11 | $0.13 |
| Low Forecast | $0.50 | $0.48 | $0.45 | $0.42 | $0.41 | $0.38 | $0.38 | $0.39 | $0.37 | $0.32 | $0.33 | $0.32 | $0.29 | $0.26 | $0.27 | $0.25 | $0.24 | $0.25 | $0.24 | $0.17 | $0.16 | $0.13 | $0.12 | $0.12 | $0.12 | $0.11 | $0.08 | $0.13 | $0.11 | $0.09 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.19% | 1.16% | 0.99% | - | 0.93% | 1.20% | 1.12% | - | 1.29% | 1.20% | 1.03% | - | 1.08% | 0.94% | 1.34% | - | 0.91% | - |
According to 2 Wall Street analysts, Descartes Systems Group's projected average Quarter EPS for May 23 is $0.33, with a low estimate of $0.32 and a high estimate of $0.33. This represents a -5.90% decrease compared to DSGX previous annual EPS of $0.35 (Jan 23).
Descartes Systems Group Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| EXFY | Expensify | $3.07 | $13.75 | 347.88% | Buy |
| PRO | PROS | $22.52 | $32.67 | 45.07% | Buy |
| BSY | Bentley Systems | $46.69 | $52.33 | 12.08% | Buy |
| ENV | Envestnet | $63.09 | $67.86 | 7.56% | Hold |
| AZPN | Aspen | $245.30 | $254.40 | 3.71% | Buy |
| MLNK | MeridianLink | $22.06 | $22.75 | 3.13% | Buy |
| SSNC | SS&C Technologies | $73.43 | $75.50 | 2.82% | Buy |
| MANH | Manhattan Associates | $271.56 | $276.57 | 1.84% | Buy |
| DSGX | Descartes Systems Group | $114.13 | $109.63 | -3.94% | Buy |
| TYL | Tyler | $601.14 | $558.00 | -7.18% | Buy |
| CWAN | Clearwater Analytics | $30.90 | $28.50 | -7.77% | Buy |
| BLKB | Blackbaud | $83.02 | $74.33 | -10.47% | Buy |