The Descartes Systems Group Inc. (DSGX)
NASDAQ: DSGX · IEX Real-Time Price · USD
94.50
+0.40 (0.43%)
At close: Apr 24, 2024, 4:00 PM
94.41
-0.09 (-0.10%)
After-hours: Apr 24, 2024, 5:01 PM EDT
DSGX Stock Forecast
Stock Price Forecast
The 8 analysts with 12-month price forecasts for DSGX stock have an average target of 96.25, with a low estimate of 75 and a high estimate of 110. The average target predicts an increase of 1.85% from the current stock price of 94.50.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for DSGX stock from 8 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 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Buy | 3 | 3 | 4 | 4 | 4 | 5 |
| Hold | 2 | 1 | 1 | 1 | 1 | 1 |
| Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 7 | 6 | 7 | 7 | 7 | 8 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| CIBC | CIBC | Hold → Buy Upgrades $97 → $101 | Hold → Buy | Upgrades | $97 → $101 | +6.88% | Apr 16, 2024 |
| RBC Capital | RBC Capital | Buy Reiterates $110 | Buy | Reiterates | $110 | +16.40% | Apr 11, 2024 |
| Stephens & Co. | Stephens & Co. | Buy Maintains $105 → $107 | Buy | Maintains | $105 → $107 | +13.23% | Mar 7, 2024 |
| RBC Capital | RBC Capital | Buy Maintains $100 → $110 | Buy | Maintains | $100 → $110 | +16.40% | Mar 7, 2024 |
| BMO Capital | BMO Capital | Hold Maintains $88 → $94 | Hold | Maintains | $88 → $94 | -0.53% | Mar 7, 2024 |
Financial Forecast
Revenue This Year
622.15M
from 572.93M
Increased by 8.59%
Revenue Next Year
638.04M
from 622.15M
Increased by 2.55%
EPS This Year
1.62
from 1.34
Increased by 20.97%
EPS Next Year
1.73
from 1.62
Increased by 6.48%
Revenue Forecast
| Revenue | 2024 | 2025 | 2025 | 2026 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|---|---|
| High | 678.8M | 744.5M | 769.1M | 834.8M | 806.0M | 931.4M | 1.0B |
| Avg | 638.0M | 699.0M | 704.4M | 803.0M | 775.3M | 895.9M | 995.9M |
| Low | 614.9M | 659.3M | 659.3M | 779.1M | 752.3M | 869.3M | 966.3M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2025 | 2026 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|---|---|
| High | 18.5% | 16.7% | 10.0% | 18.5% | 0.4% | 20.1% | 15.5% |
| Avg | 11.4% | 9.5% | 0.8% | 14.0% | -3.4% | 15.6% | 11.2% |
| Low | 7.3% | 3.3% | -5.7% | 10.6% | -6.3% | 12.1% | 7.9% |
EPS Forecast
| EPS | 2024 | 2025 | 2025 | 2026 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|---|---|
| High | 1.90 | 2.10 | 2.34 | 2.52 | 2.40 | 2.99 | 3.54 |
| Avg | 1.73 | 1.95 | 2.01 | 2.42 | 2.31 | 2.88 | 3.40 |
| Low | 1.47 | 1.80 | 1.73 | 2.35 | 2.24 | 2.79 | 3.30 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2025 | 2026 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|---|---|
| High | 41.8% | 21.7% | 20.1% | 25.5% | -0.8% | 29.4% | 22.9% |
| Avg | 28.8% | 12.9% | 3.0% | 20.7% | -4.6% | 24.5% | 18.2% |
| Low | 9.7% | 4.5% | -11.0% | 17.1% | -7.4% | 20.8% | 14.7% |
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.