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


OverviewRevenueFinancialsChartTranscripts

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


Buy

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


DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Dec 17, 2024Mark SchappelLoop Capital Markets$140.00$119.5617.09%22.25%
Nov 29, 2024Paul TreiberRBC Capital$133.00$117.0813.60%16.14%
Nov 15, 2024Raimo LenschowBarclays$125.00$111.9711.64%9.15%
Oct 24, 2024Paul SteepScotiabank$120.00$106.5212.66%4.79%
Sep 25, 2024John ShaoNational Bank$125.00$102.2322.27%9.15%
Sep 05, 2024Raimo LenschowBarclays$88.00$98.75-10.89%-23.16%
May 31, 2024Paul SteepScotiabank$104.00$91.0014.29%-9.19%
May 30, 2024Stephanie PriceCIBC$108.00$92.2017.14%-5.69%
May 30, 2024Thanos MoschopoulosBMO Capital$100.00$97.602.46%-12.68%
May 30, 2024Justin LongStephens$110.00$92.4818.94%-3.95%
May 24, 2024Paul TreiberRBC Capital$115.00$99.0116.15%0.42%
May 17, 2024Raimo LenschowBarclays$87.00$97.65-10.91%-24.03%
Apr 16, 2024Stephanie PriceCIBC$101.00$90.9011.11%-11.81%
Dec 08, 2022Barclays$58.00$67.27-13.78%-49.35%
Dec 08, 2022BMO Capital$71.00$67.275.54%-38.00%
Jun 21, 2022Raimo LenschowBarclays$62.00$59.913.49%-45.86%
Jun 02, 2022David HynesCanaccord Genuity$74.00$63.2317.03%-35.38%
Apr 22, 2022Thanos MoschopoulosBMO Capital$81.00$63.0628.45%-29.27%
Sep 09, 2021Justin LongStephens$96.00$83.1615.44%-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


1M3M12M
# Anlaysts2513
Avg Price Target$136.50$128.60$112.00
Last Closing Price$114.52$114.52$114.52
Upside/Downside19.19%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


DateCompanyPrevious RatingNew RatingRating Change
Dec 17, 2024Loop Capital MarketsBuyInitialise
Dec 04, 2024RBC CapitalOutperformOutperformHold
Nov 29, 2024RBC CapitalOutperformOutperformHold
Oct 24, 2024ScotiabankOutperformOutperformHold
Oct 24, 2024ScotiabankSector OutperformSector OutperformHold
Oct 14, 2024BarclaysUnderweightUnderweightHold
Oct 09, 2024Wolfe ResearchOutperformOutperformHold
Sep 25, 2024National BankOutperformInitialise
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
Apr 16, 2024CIBCOutperformUpgrade
Jan 10, 2024Wolfe ResearchPeer PerformOutperformUpgrade
Sep 07, 2023StephensOverweightOverweightHold
Dec 08, 2022BarclaysUnderweightUnderweightHold
Dec 08, 2022BMO CapitalMarket PerformMarket PerformHold
Dec 08, 2022StephensOverweightOverweightHold
Nov 17, 2022Wolfe ResearchPeer PerformDowngrade
Jun 21, 2022BarclaysEqual-WeightEqual-WeightHold
Apr 26, 2022Zacks Investment ResearchBuyUpgrade

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 27Oct 26Jul 26Apr 26Jan 26Oct 25Jul 25Apr 25Jan 25Oct 24Jul 24Apr 24Jan 24Oct 23Jul 23Apr 23Jan 23Oct 22Jul 22May 22Jan 22Oct 21Jul 21May 21Jan 21Oct 20Jul 20May 20Jan 20Oct 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
# Analysts222221115522343231111222299101414
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 27Oct 26Jul 26Apr 26Jan 26Oct 25Jul 25Apr 25Jan 25Oct 24Jul 24Apr 24Jan 24Oct 23Jul 23Apr 23Jan 23Oct 22Jul 22May 22Jan 22Oct 21Jul 21May 21Jan 21Oct 20Jul 20May 20Jan 20Oct 19
# Analysts222221115522343231111222299101414
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 27Oct 26Jul 26Apr 26Jan 26Oct 25Jul 25Apr 25Jan 25Oct 24Jul 24Apr 24Jan 24Oct 23Jul 23Apr 23Jan 23Oct 22Jul 22May 22Jan 22Oct 21Jul 21May 21Jan 21Oct 20Jul 20May 20Jan 20Oct 19
# Analysts222221115522343231111222299101414
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 27Oct 26Jul 26Apr 26Jan 26Oct 25Jul 25Apr 25Jan 25Oct 24Jul 24Apr 24Jan 24Oct 23Jul 23Apr 23Jan 23Oct 22Jul 22May 22Jan 22Oct 21Jul 21May 21Jan 21Oct 20Jul 20May 20Jan 20Oct 19
# Analysts222221115522343231111222299101414
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 27Oct 26Jul 26Apr 26Jan 26Oct 25Jul 25Apr 25Jan 25Oct 24Jul 24Apr 24Jan 24Oct 23Jul 23Apr 23Jan 23Oct 22Jul 22May 22Jan 22Oct 21Jul 21May 21Jan 21Oct 20Jul 20May 20Jan 20Oct 19
# Analysts222221115522343231111222299101414
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


TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
PROPROS$23.97$32.0033.50%Buy
BSYBentley Systems$48.54$55.5014.34%Buy
BLKBBlackbaud$77.68$87.5012.64%Buy
AZPNAspen$249.25$274.009.93%Buy
SSNCSS&C Technologies$76.03$83.509.83%Buy
DSGXDescartes Systems Group$119.25$128.607.84%Buy
CWANClearwater Analytics$29.55$31.336.02%Buy
MLNKMeridianLink$22.18$22.752.57%Buy
TYLTyler$607.94$620.001.98%Buy
MANHManhattan Associates$295.06$297.670.88%Buy
EXFYExpensify$3.86$2.50-35.23%Buy

DSGX Forecast FAQ


Is Descartes Systems Group a good buy?

Yes, according to 11 Wall Street analysts, Descartes Systems Group (DSGX) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 8 'Buy' recommendations, accounting for 72.73% of DSGX's total ratings.

What is DSGX's price target?

Descartes Systems Group (DSGX) average price target is $128.6 with a range of $120 to $140, implying a 12.29% from its last price of $114.52. The data is based on 11 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will Descartes Systems Group stock go up soon?

According to Wall Street analysts' prediction for DSGX stock, the company can go up by 12.29% (from the last price of $114.52 to the average price target of $128.6), up by 22.25% based on the highest stock price target, and up by 4.79% based on the lowest stock price target.

Can Descartes Systems Group stock reach $200?

DSGX's average twelve months analyst stock price target of $128.6 does not support the claim that Descartes Systems Group can reach $200 in the near future.

What is Descartes Systems Group's current price target trend?

2 Wall Street analysts forecast a $136.5 price target for Descartes Systems Group (DSGX) this month, up 19.19% from its last price of $114.52. Compared to the last 3 and 12 months, the average price target increased by 12.29% and decreased by -2.20%, respectively.

What are Descartes Systems Group's analysts' financial forecasts?

Descartes Systems Group's analysts financial forecasts for the fiscal year (Jan 2026) are as follows: average revenue is $722.36M (high $736.83M, low $707.53M), average EBITDA is $276.88M (high $282.43M, low $271.2M), average net income is $168.02M (high $172.39M, low $163.53M), average SG&A $158.69M (high $161.87M, low $155.43M), and average EPS is $1.92 (high $1.97, low $1.87). DSGX's analysts financial forecasts for the fiscal year (Jan 2027) are as follows: average revenue is $834.53M (high $851.26M, low $817.4M), average EBITDA is $319.88M (high $326.29M, low $313.31M), average net income is $202.93M (high $208.21M, low $197.51M), average SG&A $183.33M (high $187M, low $179.57M), and average EPS is $2.32 (high $2.38, low $2.26).

Did the DSGX's actual financial results beat the analysts' financial forecasts?

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 $179.86M by 11.91%. The company's net income was $102.24M, beating the average estimation of $83.55M by 22.36%. Apple's SG&A was $106.28M, beating the average forecast of $89.07M by 19.33%. 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 (Apr 2023), Descartes Systems Group's revenue was $136.61M, beating the average analysts' forecast of $133.3M by 2.49%. The company's EBITDA was $52.5M, beating the average prediction of $50.62M by 3.70%. Descartes Systems Group's net income was $29.35M, beating the average estimation of $22.87M by 28.33%. The company's SG&A was $30.5M, beating the average forecast of $28.32M by 7.69%. Lastly, the company's EPS was $0.35, beating the average prediction of $0.329 by 6.27%