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 $128.60 (represents a 12.29% upside from DSGX’s last price of $114.52) and a rating consensus of 'Buy', based on 11 wall street analysts offering a 1-year stock forecast.
DSGX Price Target
The average price target for Descartes Systems Group (DSGX) is $128.60 based on 1-year price targets from 11 Wall Street analysts in the past 3 months, with a price target range of $140.00 to $120.00. This represents a potential 12.29% upside from DSGX's last price of $114.52.
DSGX Analyst Ratings
According to 11 Wall Street analysts, Descartes Systems Group's rating consensus is 'Buy'. The analyst rating breakdown for DSGX stock is 0 'Strong Buy' (0.00%), 8 'Buy' (72.73%), 2 'Hold' (18.18%), 1 'Sell' (9.09%), 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 |
|---|---|---|---|---|---|---|
| Dec 17, 2024 | Mark Schappel | Loop Capital Markets | $140.00 | $119.56 | 17.09% | 22.25% |
| Nov 29, 2024 | Paul Treiber | RBC Capital | $133.00 | $117.08 | 13.60% | 16.14% |
| Nov 15, 2024 | Raimo Lenschow | Barclays | $125.00 | $111.97 | 11.64% | 9.15% |
| Oct 24, 2024 | Paul Steep | Scotiabank | $120.00 | $106.52 | 12.66% | 4.79% |
| Sep 25, 2024 | John Shao | National Bank | $125.00 | $102.23 | 22.27% | 9.15% |
| Sep 05, 2024 | Raimo Lenschow | Barclays | $88.00 | $98.75 | -10.89% | -23.16% |
| May 31, 2024 | Paul Steep | Scotiabank | $104.00 | $91.00 | 14.29% | -9.19% |
| May 30, 2024 | Stephanie Price | CIBC | $108.00 | $92.20 | 17.14% | -5.69% |
| May 30, 2024 | Thanos Moschopoulos | BMO Capital | $100.00 | $97.60 | 2.46% | -12.68% |
| May 30, 2024 | Justin Long | Stephens | $110.00 | $92.48 | 18.94% | -3.95% |
| May 24, 2024 | Paul Treiber | RBC Capital | $115.00 | $99.01 | 16.15% | 0.42% |
| May 17, 2024 | Raimo Lenschow | Barclays | $87.00 | $97.65 | -10.91% | -24.03% |
| Apr 16, 2024 | Stephanie Price | CIBC | $101.00 | $90.90 | 11.11% | -11.81% |
| Dec 08, 2022 | Barclays | $58.00 | $67.27 | -13.78% | -49.35% | |
| Dec 08, 2022 | BMO Capital | $71.00 | $67.27 | 5.54% | -38.00% | |
| Jun 21, 2022 | Raimo Lenschow | Barclays | $62.00 | $59.91 | 3.49% | -45.86% |
| Jun 02, 2022 | David Hynes | Canaccord Genuity | $74.00 | $63.23 | 17.03% | -35.38% |
| Apr 22, 2022 | Thanos Moschopoulos | BMO Capital | $81.00 | $63.06 | 28.45% | -29.27% |
| Sep 09, 2021 | Justin Long | Stephens | $96.00 | $83.16 | 15.44% | -16.17% |
The latest Descartes Systems Group stock forecast, released on Dec 17, 2024 by Mark Schappel from Loop Capital Markets, set a price target of $140.00, which represents a 17.09% increase from the stock price at the time of the forecast ($119.56), and a 22.25% increase from DSGX last price ($114.52).
Descartes Systems Group Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 2 | 5 | 13 |
| Avg Price Target | $136.50 | $128.60 | $112.00 |
| Last Closing Price | $114.52 | $114.52 | $114.52 |
| Upside/Downside | 19.19% | 12.29% | -2.20% |
In the current month, the average price target of Descartes Systems Group stock is $136.50, according to 2 Wall Street analysts offering twelve months forecast. The average price target represents a 19.19% increase as opposed to Descartes Systems Group's last price of $114.52. This month's average price target is up 6.14% compared to last quarter, and up 21.88% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Dec 17, 2024 | Loop Capital Markets | Buy | Initialise | |
| Dec 04, 2024 | RBC Capital | Outperform | Outperform | Hold |
| Nov 29, 2024 | RBC Capital | Outperform | Outperform | Hold |
| 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 |
| May 31, 2024 | Scotiabank | Sector Outperform | Sector Outperform | Hold |
| May 30, 2024 | CIBC | Outperform | Outperform | Hold |
| May 30, 2024 | BMO Capital | Market Perform | Market Perform | Hold |
| May 30, 2024 | Stephens | Overweight | Overweight | Hold |
| May 24, 2024 | RBC Capital | Outperform | Outperform | Hold |
| May 17, 2024 | Barclays | Underweight | Underweight | Hold |
| Apr 16, 2024 | CIBC | Outperform | Upgrade | |
| Jan 10, 2024 | Wolfe Research | Peer Perform | Outperform | Upgrade |
| Sep 07, 2023 | Stephens | Overweight | Overweight | Hold |
| Dec 08, 2022 | Barclays | Underweight | Underweight | Hold |
| Dec 08, 2022 | BMO Capital | Market Perform | Market Perform | Hold |
| Dec 08, 2022 | Stephens | Overweight | Overweight | Hold |
| Nov 17, 2022 | Wolfe Research | Peer Perform | Downgrade | |
| Jun 21, 2022 | Barclays | Equal-Weight | Equal-Weight | Hold |
| Apr 26, 2022 | Zacks Investment Research | Buy | Upgrade |
Descartes Systems Group's last stock rating was published by Loop Capital Markets on Dec 17, 2024. The company Initialise its DSGX rating from "null" to "Buy".
Descartes Systems Group Financial Forecast
Descartes Systems Group Revenue Forecast
| Jan 27 | Oct 26 | Jul 26 | Apr 26 | Jan 26 | Oct 25 | Jul 25 | Apr 25 | Jan 25 | Oct 24 | Jul 24 | Apr 24 | Jan 24 | Oct 23 | Jul 23 | Apr 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $136.61M | $125.14M | $121.47M | $123.01M | - | $112.37M | $108.91M | $104.57M | - | $93.41M | $87.51M | $84.05M | - | $84.22M | $83.03M |
| Avg Forecast | $223.24M | $214.24M | $203.86M | $193.18M | $187.39M | $185.05M | $179.24M | $170.68M | $168.29M | $163.04M | $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 |
| High Forecast | $227.71M | $218.54M | $207.95M | $197.06M | $191.14M | $188.75M | $182.83M | $174.10M | $170.01M | $163.22M | $161.17M | $153.32M | $150.12M | $144.33M | $145.98M | $135.97M | $127.72M | $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 |
| Low Forecast | $218.66M | $209.85M | $199.68M | $189.22M | $183.54M | $181.25M | $175.56M | $167.18M | $166.56M | $162.86M | $154.76M | $147.22M | $144.15M | $138.59M | $140.17M | $130.56M | $122.64M | $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 |
| # Analysts | 2 | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 5 | 5 | 2 | 2 | 3 | 4 | 3 | 2 | 3 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 9 | 9 | 10 | 14 | 14 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.02% | 1.00% | 1.01% | 1.04% | - | 1.01% | 1.00% | 1.04% | - | 1.05% | 1.04% | 1.03% | - | 1.00% | 0.99% |
Descartes Systems Group's average Quarter revenue forecast for Jul 23 based on 3 analysts is $143.11M, with a low forecast of $140.17M, and a high forecast of $145.98M. DSGX's average Quarter revenue forecast represents a 4.75% increase compared to the company's last Quarter revenue of $136.61M (Apr 23).
Descartes Systems Group EBITDA Forecast
| Jan 27 | Oct 26 | Jul 26 | Apr 26 | Jan 26 | Oct 25 | Jul 25 | Apr 25 | Jan 25 | Oct 24 | Jul 24 | Apr 24 | Jan 24 | Oct 23 | Jul 23 | Apr 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 5 | 5 | 2 | 2 | 3 | 4 | 3 | 2 | 3 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 9 | 9 | 10 | 14 | 14 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $52.50M | $51.79M | $50.90M | $50.22M | - | $42.48M | $44.59M | $42.38M | - | $37.32M | $33.73M | $30.57M | - | $30.59M | $29.38M |
| Avg Forecast | $85.57M | $82.12M | $78.14M | $74.05M | $71.83M | $70.93M | $68.70M | $65.42M | $64.50M | $62.49M | $60.56M | $55.69M | $56.41M | $54.24M | $54.85M | $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 |
| High Forecast | $87.28M | $83.77M | $79.71M | $75.53M | $73.26M | $72.35M | $70.08M | $66.73M | $65.17M | $62.56M | $61.78M | $66.82M | $57.54M | $55.32M | $55.95M | $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 |
| Low Forecast | $83.81M | $80.43M | $76.54M | $72.53M | $70.35M | $69.47M | $67.29M | $64.08M | $63.84M | $62.42M | $59.32M | $44.55M | $55.25M | $53.12M | $53.73M | $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 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.04% | 1.31% | 1.07% | 1.08% | - | 0.97% | 1.03% | 1.07% | - | 1.06% | 1.02% | 0.95% | - | 0.92% | 0.89% |
3 analysts predict DSGX's average Quarter EBITDA for Jul 23 to be $54.85M, with a high of $55.95M and a low of $53.73M. This is 4.49% upper than Descartes Systems Group's previous annual EBITDA (Apr 23) of $52.50M.
Descartes Systems Group Net Income Forecast
| Jan 27 | Oct 26 | Jul 26 | Apr 26 | Jan 26 | Oct 25 | Jul 25 | Apr 25 | Jan 25 | Oct 24 | Jul 24 | Apr 24 | Jan 24 | Oct 23 | Jul 23 | Apr 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 5 | 5 | 2 | 2 | 3 | 4 | 3 | 2 | 3 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 9 | 9 | 10 | 14 | 14 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $29.35M | $29.75M | $26.47M | $22.90M | - | $19.19M | $25.49M | $23.18M | - | $17.20M | $13.31M | $10.54M | - | $11.44M | $9.67M |
| Avg Forecast | $54.40M | $52.68M | $49.22M | $46.63M | $44.90M | $43.41M | $41.49M | $38.21M | $37.13M | $35.36M | $33.40M | $25.16M | $32.56M | $28.78M | $29.28M | $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 |
| High Forecast | $55.82M | $54.05M | $50.50M | $47.85M | $46.07M | $44.54M | $42.57M | $39.21M | $38.10M | $36.16M | $33.58M | $30.19M | $33.07M | $29.53M | $30.04M | $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 |
| Low Forecast | $52.95M | $51.27M | $47.91M | $45.39M | $43.71M | $42.25M | $40.39M | $37.19M | $36.27M | $33.75M | $33.23M | $20.13M | $32.04M | $28.01M | $28.50M | $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 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.28% | 1.90% | 1.13% | 0.97% | - | 0.89% | 1.17% | 1.10% | - | 1.25% | 1.14% | 0.96% | - | 1.04% | 0.95% |
Descartes Systems Group's average Quarter net income forecast for Jul 23 is $29.28M, with a range of $28.50M to $30.04M. DSGX's average Quarter net income forecast represents a -0.26% decrease compared to the company's last Quarter net income of $29.35M (Apr 23).
Descartes Systems Group SG&A Forecast
| Jan 27 | Oct 26 | Jul 26 | Apr 26 | Jan 26 | Oct 25 | Jul 25 | Apr 25 | Jan 25 | Oct 24 | Jul 24 | Apr 24 | Jan 24 | Oct 23 | Jul 23 | Apr 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 5 | 5 | 2 | 2 | 3 | 4 | 3 | 2 | 3 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 9 | 9 | 10 | 14 | 14 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $30.50M | $27.46M | $26.93M | $27.02M | - | $23.76M | $23.39M | $22.18M | - | $20.62M | $9.47M | $17.75M | - | $19.59M | $18.55M |
| Avg Forecast | $49.04M | $47.07M | $44.78M | $42.44M | $41.17M | $40.65M | $39.38M | $37.50M | $36.97M | $35.82M | $34.71M | $31.15M | $32.33M | $31.08M | $31.44M | $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 |
| High Forecast | $50.02M | $48.01M | $45.68M | $43.29M | $41.99M | $41.47M | $40.16M | $38.25M | $37.35M | $35.86M | $35.41M | $37.38M | $32.98M | $31.71M | $32.07M | $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 |
| Low Forecast | $48.04M | $46.10M | $43.87M | $41.57M | $40.32M | $39.82M | $38.57M | $36.73M | $36.59M | $35.78M | $34.00M | $24.92M | $31.67M | $30.45M | $30.79M | $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 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.08% | 2.47% | 1.02% | 1.05% | - | 0.98% | 0.98% | 1.01% | - | 1.06% | 0.51% | 1.00% | - | 1.07% | 1.02% |
Descartes Systems Group's average Quarter SG&A projection for Jul 23 is $31.44M, based on 3 Wall Street analysts, with a range of $30.79M to $32.07M. The forecast indicates a 3.09% rise compared to DSGX last annual SG&A of $30.50M (Apr 23).
Descartes Systems Group EPS Forecast
| Jan 27 | Oct 26 | Jul 26 | Apr 26 | Jan 26 | Oct 25 | Jul 25 | Apr 25 | Jan 25 | Oct 24 | Jul 24 | Apr 24 | Jan 24 | Oct 23 | Jul 23 | Apr 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 5 | 5 | 2 | 2 | 3 | 4 | 3 | 2 | 3 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 9 | 9 | 10 | 14 | 14 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $0.35 | $0.35 | $0.31 | $0.27 | - | $0.23 | $0.30 | $0.27 | - | $0.20 | $0.16 | $0.13 | - | $0.14 | $0.11 |
| Avg Forecast | $0.62 | $0.60 | $0.56 | $0.53 | $0.51 | $0.50 | $0.48 | $0.44 | $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 |
| High Forecast | $0.64 | $0.62 | $0.58 | $0.55 | $0.53 | $0.51 | $0.49 | $0.45 | $0.44 | $0.41 | $0.38 | $0.40 | $0.38 | $0.34 | $0.34 | $0.34 | $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 |
| Low Forecast | $0.61 | $0.59 | $0.55 | $0.52 | $0.50 | $0.48 | $0.46 | $0.43 | $0.42 | $0.39 | $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 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.06% | 1.19% | 1.16% | 0.99% | - | 0.93% | 1.20% | 1.12% | - | 1.29% | 1.20% | 1.03% | - | 1.08% | 0.94% |
According to 3 Wall Street analysts, Descartes Systems Group's projected average Quarter EPS for Jul 23 is $0.34, with a low estimate of $0.33 and a high estimate of $0.34. This represents a -4.23% decrease compared to DSGX previous annual EPS of $0.35 (Apr 23).
Descartes Systems Group Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| PRO | PROS | $23.97 | $32.00 | 33.50% | Buy |
| BSY | Bentley Systems | $48.54 | $55.50 | 14.34% | Buy |
| BLKB | Blackbaud | $77.68 | $87.50 | 12.64% | Buy |
| AZPN | Aspen | $249.25 | $274.00 | 9.93% | Buy |
| SSNC | SS&C Technologies | $76.03 | $83.50 | 9.83% | Buy |
| DSGX | Descartes Systems Group | $119.25 | $128.60 | 7.84% | Buy |
| CWAN | Clearwater Analytics | $29.55 | $31.33 | 6.02% | Buy |
| MLNK | MeridianLink | $22.18 | $22.75 | 2.57% | Buy |
| TYL | Tyler | $607.94 | $620.00 | 1.98% | Buy |
| MANH | Manhattan Associates | $295.06 | $297.67 | 0.88% | Buy |
| EXFY | Expensify | $3.86 | $2.50 | -35.23% | Buy |