Descartes Systems Group (DSGX) Stock Forecast, Price Target & Predictions


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DSGX Stock Forecast


Descartes Systems Group stock forecast is as follows: an average price target of $99.86 (represents a 1.64% upside from DSGX’s last price of $98.25) and a rating consensus of 'Buy', based on 9 wall street analysts offering a 1-year stock forecast.

DSGX Price Target


The average price target for Descartes Systems Group (DSGX) is $99.86 based on 1-year price targets from 9 Wall Street analysts in the past 3 months, with a price target range of $115.00 to $74.00. This represents a potential 1.64% upside from DSGX's last price of $98.25.

DSGX Analyst Ratings


Buy

According to 9 Wall Street analysts, Descartes Systems Group's rating consensus is 'Buy'. The analyst rating breakdown for DSGX stock is 0 'Strong Buy' (0.00%), 6 'Buy' (66.67%), 2 'Hold' (22.22%), 1 'Sell' (11.11%), and 0 'Strong Sell' (0.00%).

Descartes Systems Group Price Target by Analyst


DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Sep 05, 2024Raimo LenschowBarclays$88.00$98.75-10.89%-10.43%
May 31, 2024Paul SteepScotiabank$104.00$91.0014.29%5.85%
May 30, 2024Stephanie PriceCIBC$108.00$92.2017.14%9.92%
May 30, 2024Thanos MoschopoulosBMO Capital$100.00$97.602.46%1.78%
May 30, 2024Justin LongStephens$110.00$92.4818.94%11.96%
May 24, 2024Paul TreiberRBC Capital$115.00$99.0116.15%17.05%
May 17, 2024Raimo LenschowBarclays$87.00$97.65-10.91%-11.45%
Apr 16, 2024Stephanie PriceCIBC$101.00$90.9011.11%2.80%
Dec 08, 2022-Barclays$58.00$67.27-13.78%-40.97%
Dec 08, 2022-BMO Capital$71.00$67.275.54%-27.74%
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The latest Descartes Systems Group stock forecast, released on Sep 05, 2024 by Raimo Lenschow from Barclays, set a price target of $88.00, which represents a -10.89% decrease from the stock price at the time of the forecast ($98.75), and a -10.43% decrease from DSGX last price ($98.25).

Descartes Systems Group Price Target by Period


1M3M12M
# Anlaysts118
Avg Price Target$88.00$88.00$101.63
Last Closing Price$98.25$98.25$98.25
Upside/Downside-10.43%-10.43%3.44%

In the current month, the average price target of Descartes Systems Group stock is $88.00, according to 1 Wall Street analyst offering twelve months forecast. The average price target represents a -10.43% decrease as opposed to Descartes Systems Group's last price of $98.25. This month's average price target is down 0.00% compared to last quarter, and down -13.41% compared to last year.

Analyst Ratings Upgrades/Downgrades


DateCompanyPrevious RatingNew RatingRating Change
Sep 05, 2024BMO CapitalMarket PerformMarket PerformHold
Sep 05, 2024BarclaysUnderweightUnderweightHold
May 31, 2024ScotiabankOutperformOutperformHold
May 31, 2024Raymond JamesMarket PerformMarket PerformHold
May 31, 2024ScotiabankSector OutperformSector OutperformHold
May 30, 2024CIBCOutperformOutperformHold
May 30, 2024BMO CapitalMarket PerformMarket PerformHold
May 30, 2024StephensOverweightOverweightHold
May 24, 2024RBC CapitalOutperformOutperformHold
May 17, 2024BarclaysUnderweightUnderweightHold
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Descartes Systems Group's last stock rating was published by BMO Capital on Sep 05, 2024. The company gave DSGX a "Market Perform" rating, the same as its previous rate.

Descartes Systems Group Financial Forecast


Descartes Systems Group Revenue Forecast

Jan 26Oct 25Jul 25May 25Jan 25Oct 24Jul 24May 24Jan 24Oct 23Jul 23May 23Jan 23Oct 22Jul 22Apr 22Jan 22Oct 21Jul 21Apr 21Jan 21Oct 20Jul 20Apr 20Jan 20Oct 19Jul 19Apr 19Jan 19Apr 18
Revenue------------$125.14M$121.47M$123.01M$116.39M$112.37M$108.91M$104.57M$98.84M$93.41M$87.51M$84.05M$83.70M$84.22M$83.03M$80.54M$78.00M$71.03M$67.02M
Avg Forecast$185.04M$180.16M$177.53M$169.70M$166.32M$164.24M$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$186.44M$181.52M$178.87M$170.99M$167.57M$165.48M$159.20M$151.44M$148.28M$142.57M$144.19M$134.31M$126.16M$121.71M$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$83.99M
Low Forecast$183.80M$178.94M$176.33M$168.56M$165.20M$163.13M$156.94M$149.29M$146.18M$140.55M$142.15M$132.40M$124.37M$119.98M$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$56.00M
# Analysts2---342224222111122229910141488819
Surprise %------------1.00%1.01%1.04%1.03%1.01%1.00%1.04%1.05%1.05%1.04%1.03%1.00%1.00%0.99%0.99%1.00%0.99%0.96%

Descartes Systems Group's average Quarter revenue forecast for May 23 based on 2 analysts is $133.30M, with a low forecast of $132.40M, and a high forecast of $134.31M. 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 26Oct 25Jul 25May 25Jan 25Oct 24Jul 24May 24Jan 24Oct 23Jul 23May 23Jan 23Oct 22Jul 22Apr 22Jan 22Oct 21Jul 21Apr 21Jan 21Oct 20Jul 20Apr 20Jan 20Oct 19Jul 19Apr 19Jan 19Apr 18
# Analysts2---342224222111122229910141488819
EBITDA------------$51.79M$50.90M$50.22M$46.89M$42.48M$44.59M$42.38M$38.51M$37.32M$33.73M$30.57M$31.04M$30.59M$29.38M$28.30M$25.71M$22.50M$20.26M
Avg Forecast$72.85M$70.93M$69.89M$66.81M$65.48M$64.66M$62.20M$55.69M$57.94M$55.71M$56.34M$50.62M$49.30M$48.28M$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$73.40M$71.46M$70.42M$67.32M$65.97M$65.15M$62.67M$66.82M$58.38M$56.13M$56.77M$60.75M$49.67M$57.94M$46.67M$55.23M$43.93M$43.09M$39.51M$33.59M$35.18M$33.21M$32.14M$36.71M$33.21M$32.95M$32.11M$29.46M$28.28M$25.56M
Low Forecast$72.36M$70.45M$69.42M$66.36M$65.04M$64.22M$61.78M$44.55M$57.55M$55.33M$55.96M$40.50M$48.96M$38.62M$46.67M$36.82M$43.93M$43.09M$39.51M$22.39M$35.18M$33.21M$32.14M$24.47M$33.21M$32.95M$32.11M$19.64M$28.28M$17.04M
Surprise %------------1.05%1.05%1.08%1.02%0.97%1.03%1.07%1.38%1.06%1.02%0.95%1.01%0.92%0.89%0.88%1.05%0.80%0.95%

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 26Oct 25Jul 25May 25Jan 25Oct 24Jul 24May 24Jan 24Oct 23Jul 23May 23Jan 23Oct 22Jul 22Apr 22Jan 22Oct 21Jul 21Apr 21Jan 21Oct 20Jul 20Apr 20Jan 20Oct 19Jul 19Apr 19Jan 19Apr 18
# Analysts2---342224222111122229910141488819
Net Income------------$29.75M$26.47M$22.90M$23.11M$19.19M$25.49M$23.18M$18.42M$17.20M$13.31M$10.54M$11.05M$11.44M$9.67M$8.57M$7.32M$7.89M$6.99M
Avg Forecast$44.79M$42.89M$41.14M$38.87M$37.08M$35.30M$33.36M$25.16M$32.52M$28.74M$29.24M$22.87M$25.57M$26.40M$23.69M$20.79M$21.62M$21.79M$21.02M$12.90M$13.79M$11.64M$10.98M$11.44M$10.95M$10.16M$7.17M$8.61M$9.75M$7.33M
High Forecast$45.23M$43.31M$41.54M$39.25M$37.44M$35.65M$33.69M$30.19M$32.84M$29.03M$29.53M$27.45M$25.82M$31.68M$23.69M$24.95M$21.62M$21.79M$21.02M$15.48M$13.79M$11.64M$10.98M$13.73M$10.95M$10.16M$7.17M$10.33M$9.75M$8.80M
Low Forecast$44.40M$42.51M$40.78M$38.53M$36.76M$34.99M$33.07M$20.13M$32.23M$28.49M$28.99M$18.30M$25.34M$21.12M$23.69M$16.63M$21.62M$21.79M$21.02M$10.32M$13.79M$11.64M$10.98M$9.15M$10.95M$10.16M$7.17M$6.89M$9.75M$5.87M
Surprise %------------1.16%1.00%0.97%1.11%0.89%1.17%1.10%1.43%1.25%1.14%0.96%0.97%1.04%0.95%1.20%0.85%0.81%0.95%

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 26Oct 25Jul 25May 25Jan 25Oct 24Jul 24May 24Jan 24Oct 23Jul 23May 23Jan 23Oct 22Jul 22Apr 22Jan 22Oct 21Jul 21Apr 21Jan 21Oct 20Jul 20Apr 20Jan 20Oct 19Jul 19Apr 19Jan 19Apr 18
# Analysts2---342224222111122229910141488819
SG&A------------$27.46M$26.93M$27.02M$24.88M$23.76M$23.39M$22.18M$22.02M$20.62M$9.47M$17.75M$18.06M$19.59M$18.55M$18.26M$18.61M$17.09M$16.06M
Avg Forecast$40.35M$39.29M$38.71M$37.01M$36.27M$35.82M$34.46M$31.15M$32.09M$30.86M$31.21M$28.32M$27.31M$25.27M$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$40.66M$39.58M$39.01M$37.29M$36.54M$36.09M$34.72M$37.38M$32.34M$31.09M$31.44M$33.98M$27.51M$30.33M$25.85M$30.89M$24.34M$23.87M$21.89M$18.56M$19.49M$18.40M$17.80M$23.51M$18.40M$18.25M$17.79M$22.38M$15.66M$21.20M
Low Forecast$40.08M$39.02M$38.45M$36.76M$36.03M$35.58M$34.22M$24.92M$31.88M$30.65M$31.00M$22.66M$27.12M$20.22M$25.85M$20.60M$24.34M$23.87M$21.89M$12.37M$19.49M$18.40M$17.80M$15.68M$18.40M$18.25M$17.79M$14.92M$15.66M$14.13M
Surprise %------------1.01%1.07%1.05%0.97%0.98%0.98%1.01%1.42%1.06%0.51%1.00%0.92%1.07%1.02%1.03%1.00%1.09%0.91%

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 26Oct 25Jul 25May 25Jan 25Oct 24Jul 24May 24Jan 24Oct 23Jul 23May 23Jan 23Oct 22Jul 22Apr 22Jan 22Oct 21Jul 21Apr 21Jan 21Oct 20Jul 20Apr 20Jan 20Oct 19Jul 19Apr 19Jan 19Apr 18
# Analysts2---342224222111122229910141488819
EPS------------$0.35$0.31$0.27$0.27$0.23$0.30$0.27$0.22$0.20$0.16$0.13$0.13$0.14$0.11$0.11$0.09$0.10$0.09
Avg Forecast$0.51$0.49$0.47$0.45$0.43$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$0.52$0.50$0.48$0.45$0.43$0.41$0.39$0.40$0.38$0.33$0.34$0.33$0.30$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$0.13
Low Forecast$0.51$0.49$0.47$0.44$0.42$0.40$0.38$0.39$0.37$0.33$0.33$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$0.09
Surprise %------------1.19%1.16%0.99%1.07%0.93%1.20%1.12%1.23%1.29%1.20%1.03%1.03%1.08%0.94%1.34%0.67%0.91%0.82%

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 $0.33 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


TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
EXFYExpensify$2.52$13.75445.63%Buy
PROPROS$17.84$41.00129.82%Buy
ENVEnvestnet$62.62$68.529.42%Hold
BSYBentley Systems$49.57$53.006.92%Buy
DSGXDescartes Systems Group$98.25$99.861.64%Buy
SSNCSS&C Technologies$74.74$74.50-0.32%Buy
AZPNAspen$225.21$220.00-2.31%Buy
CWANClearwater Analytics$24.01$22.50-6.29%Buy
TYLTyler$581.96$538.60-7.45%Buy
MANHManhattan Associates$263.74$229.33-13.05%Buy
MLNKMeridianLink$23.86$20.00-16.18%Buy
BLKBBlackbaud$84.77$48.00-43.38%Buy

DSGX Forecast FAQ


Yes, according to 9 Wall Street analysts, Descartes Systems Group (DSGX) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 6 'Buy' recommendations, accounting for 66.67% of DSGX's total ratings.

Descartes Systems Group (DSGX) average price target is $99.86 with a range of $74 to $115, implying a 1.64% from its last price of $98.25. The data is based on 9 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

According to Wall Street analysts' prediction for DSGX stock, the company can go up by 1.64% (from the last price of $98.25 to the average price target of $99.86), up by 17.05% based on the highest stock price target, and down by -24.68% based on the lowest stock price target.

DSGX's average twelve months analyst stock price target of $99.86 does not support the claim that Descartes Systems Group can reach $150 in the near future.

1 Wall Street analyst forecast a $88 price target for Descartes Systems Group (DSGX) this month, down -10.43% from its last price of $98.25. Compared to the last 3 and 12 months, the average price target decreased by -10.43% and increased by 3.44%, respectively.

Descartes Systems Group's analysts financial forecasts for the fiscal year (Jan 2025) are as follows: average revenue is $638.86M (high $643.69M, low $634.56M), average EBITDA is $248.02M (high $260.61M, low $235.59M), average net income is $130.91M (high $136.98M, low $124.95M), average SG&A $137.69M (high $144.73M, low $130.75M), and average EPS is $1.61 (high $1.62, low $1.59). DSGX's analysts financial forecasts for the fiscal year (Jan 2026) are as follows: average revenue is $712.43M (high $717.81M, low $707.63M), average EBITDA is $280.48M (high $282.6M, low $278.59M), average net income is $167.69M (high $169.33M, low $166.22M), average SG&A $155.36M (high $156.54M, low $154.32M), and average EPS is $1.92 (high $1.94, low $1.91).

Based on Descartes Systems Group's last annual report (Jan 2023), the company's revenue was $486.01M, beating the average analysts forecast of $477.38M by 1.81%. Apple's EBITDA was $201.28M, beating the average prediction of $190.27M by 5.79%. The company's net income was $102.24M, beating the average estimation of $96.45M by 5.99%. Apple's SG&A was $106.28M, beating the average forecast of $104.17M by 2.02%. Lastly, the company's EPS was $1.21, beating the average prediction of $1.09 by 11.49%. In terms of the last quarterly report (Jan 2023), Descartes Systems Group's revenue was $125.14M, missing the average analysts' forecast of $125.21M by -0.06%. The company's EBITDA was $51.79M, beating the average prediction of $49.3M by 5.06%. Descartes Systems Group's net income was $29.75M, beating the average estimation of $25.57M by 16.35%. The company's SG&A was $27.46M, beating the average forecast of $27.31M by 0.56%. Lastly, the company's EPS was $0.35, beating the average prediction of $0.293 by 19.42%