Docebo Stock Forecast

Stock Price Forecast

The 12 analysts with 12-month price forecasts for Docebo stock have an average target of $36.81, which predicts a 50.24% increase from the current stock price of 24.5.

Price Target: $36.81 (+50.24%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$36.81	$36.81	$36.81	$36.81
Change	+50.24%	+50.24%	+50.24%	+50.24%

* Price targets were last updated on May 13, 2026.

Analyst Ratings

The average analyst rating for Docebo stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Dec '25	Jan '26	Feb '26	Mar '26	Apr '26	May '26
Strong Buy	7	7	6	6	6	6
Buy	4	4	4	4	4	4
Hold	2	2	2	2	2	2
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	13	13	12	12	12	12

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Ryan MacDonald Needham	Needham	Buy Maintains $43.23	Buy	Maintains	$43.23	+76.46%	May 13, 2026
Erin Kyle CIBC	CIBC	Buy Maintains $39.05	Buy	Maintains	$39.05	+59.38%	May 11, 2026
John Shao TD Cowen	TD Cowen	Buy Maintains $39.05	Buy	Maintains	$39.05	+59.38%	May 11, 2026
George Sutton Craig-Hallum	Craig-Hallum	Buy Reiterates $52.99	Buy	Reiterates	$52.99	+116.30%	May 11, 2026
Suthan Sukumar Stifel Nicolaus	Stifel Nicolaus	Buy Maintains $39.05	Buy	Maintains	$39.05	+59.38%	May 11, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

272.08M

from 242.69M

12.11%

from 242.69M

Revenue Next Year

300.13M

from 272.08M

10.31%

from 272.08M

EPS This Year

1.67

from 1.38

20.93%

from 1.38

EPS Next Year

2.02

from 1.67

21.04%

from 1.67

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	104.24M	142.91M	180.84M	216.93M	242.69M	272.08M
Revenue Growth	65.68%	37.10%	26.54%	19.96%	11.87%	12.11%
Gross Profit	83.30M	114.64M	146.13M	175.30M	194.70M	217.57M
Gross Margin	79.91%	80.22%	80.81%	80.81%	80.23%	79.97%
Operating Income	-12.98M	-6.93M	680.00K	18.91M	29.67M	33.83M
Net Income	-13.60M	7.02M	2.84M	26.74M	37.51M	25.87M
EPS	-	-	-	-	1.38	1.67
EPS Growth	-	-	-	-	32.69%	20.93%
Forward PE	-	-	70.11	36.65	15.92	10.50
Free Cash Flow	2.04M	5.40M	17.08M	42.75M	6.79M	46.50M
No. Analysts	-	-	-	-	-	12

EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue	2026	2027	2028
High	273.1M
Avg	272.1M
Low	271.3M

Revenue Growth

Revenue Growth	2026	2027	2028
High	12.5%
Avg	12.1%
Low	11.8%

EPS Forecast

EPS	2026	2027	2028
High	-
Avg	1.67
Low	-

EPS Growth

EPS Growth	2026	2027	2028
High	-
Avg	20.9%
Low	-