The Descartes Systems Group Inc. (DSGX)
NASDAQ: DSGX · IEX Real-Time Price · USD
99.69
+2.83 (2.92%)
At close: Jul 2, 2024, 4:00 PM
99.59
-0.10 (-0.10%)
After-hours: Jul 2, 2024, 5:01 PM EDT

DSGX Stock Forecast

Stock Price Forecast

The 11 analysts with 12-month price forecasts for DSGX stock have an average target of 101.36, with a low estimate of 87 and a high estimate of 115. The average target predicts an increase of 1.68% from the current stock price of 99.69.

Analyst Consensus: Buy
Target Low Average Median High
Price $87 $101.36 $100 $115
Change -12.73% +1.68% +0.31% +15.36%
* Price targets were last updated on May 31, 2024.

Analyst Ratings

The average analyst rating for DSGX stock from 11 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating Jan '24Feb '24Mar '24Apr '24May '24Jun '24
Strong Buy 111121
Buy 444566
Hold 111133
Sell 111111
Strong Sell 000000
Total 77781211

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Scotiabank
Scotiabank
Buy
Maintains
$100$104
Buy Maintains $100$104 +4.32% May 31, 2024
Raymond James
Raymond James
Hold
Maintains
$94$96
Hold Maintains $94$96 -3.70% May 31, 2024
TD Securities
TD Securities
Strong Buy
Maintains
$110$115
Strong Buy Maintains $110$115 +15.36% May 30, 2024
CIBC
CIBC
Buy
Maintains
$101$108
Buy Maintains $101$108 +8.34% May 30, 2024
Stephens & Co.
Stephens & Co.
Buy
Maintains
$107$110
Buy Maintains $107$110 +10.34% May 30, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
622.15M
from 572.93M
Increased by 8.59%
Revenue Next Year
646.26M
from 622.15M
Increased by 3.88%
EPS This Year
1.62
from 1.34
Increased by 20.97%
EPS Next Year
1.63
from 1.62
Increased by 0.85%
Year 201920202021202220232024202420252025202620262027202720282028
Revenue
325.79M348.66M424.69M486.01M572.93M622.15M646.26M698.97M718.04M797.94M797.94M883.34M883.34M977.02M977.02M
Revenue Growth
18.40%7.02%21.80%14.44%17.88%8.59%3.88%8.16%2.73%11.13%-10.70%-10.61%-
EPS
0.450.611.001.181.341.621.631.952.002.752.753.353.353.833.83
EPS Growth
12.50%35.56%63.93%18.00%13.56%20.97%0.85%19.24%2.59%37.45%-21.99%-14.16%-
Forward PE
-----61.5060.9851.1449.8536.2736.2729.7329.7326.0426.04
No. Analysts -----1113413332222
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 2024202520252026202620272028
High 685.7M 744.5M 781.2M 851.6M 851.6M 943.0M 1.0B
Avg 646.3M 699.0M 718.0M 797.9M 797.9M 883.3M 977.0M
Low 613.7M 659.3M 669.4M 750.0M 750.0M 834.1M 923.6M

Revenue Growth

Revenue Growth 2024202520252026202620272028
High
19.7%
15.2%
11.8%
18.6%
6.7%
18.2%
18.0%
Avg
12.8%
8.2%
2.7%
11.1%
-
10.7%
10.6%
Low
7.1%
2.0%
-4.2%
4.5%
-6.0%
4.5%
4.6%

EPS Forecast

EPS 2024202520252026202620272028
High 1.82 2.10 2.24 3.03 3.03 3.49 3.98
Avg 1.63 1.95 2.00 2.75 2.75 3.35 3.83
Low 1.33 1.80 1.85 2.50 2.50 3.25 3.71

EPS Growth

EPS Growth 2024202520252026202620272028
High
35.6%
28.5%
14.7%
51.7%
10.4%
26.8%
18.7%
Avg
22.0%
19.2%
2.6%
37.4%
-
22.0%
14.2%
Low
-0.5%
10.3%
-5.0%
25.1%
-9.0%
18.4%
10.8%
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.