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The Descartes Systems Group - DSGX Stock Price Target and Predictions

  • Consensus Rating: Hold
  • Consensus Price Target: $75.56
  • Forecasted Upside: -0.28%
  • Number of Analysts: 8
  • Breakdown:
  • 1 Sell Ratings
  • 3 Hold Ratings
  • 4 Buy Ratings
  • 0 Strong Buy Ratings
$75.77 As of 02/7/2023 02:52 PM ET
▼ -0.9 (-1.17%)

This chart shows the closing price for DSGX by one month, three months, or twelve months.

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Analyst Price Target for DSGX

Analyst Price Target is $75.56
▼ -0.28% Downside Potential
This price target is based on 8 analysts offering 12 month price targets for The Descartes Systems Group in the last 3 months. The average price target is $75.56, with a high forecast of $85.00 and a low forecast of $58.00. The average price target represents a -0.28% upside from the last price of $75.77.

This chart shows the closing price for DSGX for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Hold

The current consensus among 8 polled investment analysts is to hold stock in The Descartes Systems Group. This rating has held steady since May 2021, when it changed from a Buy consensus rating.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 5 buy ratings
  • 3 hold ratings
  • 1 sell ratings
Ratings as of
8/15/2021
  • 0 strong buy ratings
  • 4 buy ratings
  • 3 hold ratings
  • 1 sell ratings
Ratings as of
11/13/2021
  • 0 strong buy ratings
  • 4 buy ratings
  • 3 hold ratings
  • 1 sell ratings
Ratings as of
2/11/2022
  • 0 strong buy ratings
  • 4 buy ratings
  • 3 hold ratings
  • 1 sell ratings
Ratings as of
5/12/2022
  • 0 strong buy ratings
  • 4 buy ratings
  • 3 hold ratings
  • 1 sell ratings
Ratings as of
8/10/2022
  • 0 strong buy ratings
  • 3 buy ratings
  • 2 hold ratings
  • 1 sell ratings
Ratings as of
11/8/2022
  • 0 strong buy ratings
  • 4 buy ratings
  • 3 hold ratings
  • 1 sell ratings
Ratings as of
1/7/2023
  • 0 strong buy ratings
  • 4 buy ratings
  • 3 hold ratings
  • 1 sell ratings
Ratings as of
2/6/2023

Latest Recommendations

  • 0 strong buy ratings
  • 4 buy ratings
  • 3 hold ratings
  • 1 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
12/8/2022BMO Capital MarketsLower Target$74.00 ➝ $71.00Low
12/8/2022StephensBoost TargetOverweight$83.00 ➝ $85.00Low
12/8/2022BarclaysLower TargetUnderweight$60.00 ➝ $58.00Low
11/17/2022Wolfe ResearchDowngradeOutperform ➝ Peer PerformLow
10/18/2022BarclaysDowngradeEqual Weight ➝ Underweight$72.00 ➝ $60.00N/A
9/8/2022TD SecuritiesBoost TargetBuy$84.00 ➝ $85.00Low
9/8/2022Canaccord Genuity GroupBoost TargetBuy$74.00 ➝ $77.00Low
9/8/2022Canaccord Genuity GroupBoost Target$74.00 ➝ $77.00Low
8/16/2022BarclaysBoost TargetOverweight$62.00 ➝ $72.00Low
6/27/2022CIBCDowngradeSector Outperform ➝ Neutral$89.00 ➝ $71.00Low
6/3/2022StephensLower Target$80.00Low
6/3/2022BarclaysBoost TargetEqual Weight$61.00 ➝ $62.00Medium
6/2/2022Raymond JamesLower TargetMarket Perform$83.00 ➝ $71.00Low
6/2/2022TD SecuritiesLower TargetBuy$95.00 ➝ $84.00Low
6/2/2022BMO Capital MarketsLower Target$81.00 ➝ $68.00Medium
5/27/2022Royal Bank of CanadaLower TargetOutperform$100.00 ➝ $85.00Low
5/20/2022BarclaysLower TargetEqual Weight$78.00 ➝ $61.00Medium
3/3/2022Raymond JamesSet TargetMarket Perform$83.00Low
3/3/2022BarclaysLower TargetEqual Weight$80.00 ➝ $78.00High
2/11/2022Raymond JamesReiterated RatingMarket Perform$106.00Low
1/31/2022CIBCUpgradeBuy$89.00Medium
1/12/2022BarclaysLower Target$90.00 ➝ $80.00Low
12/2/2021Raymond JamesBoost TargetMarket Perform$80.00 ➝ $83.00Low
12/2/2021BarclaysBoost TargetEqual Weight$89.00 ➝ $90.00High
11/29/2021Royal Bank of CanadaBoost TargetOutperform$95.00 ➝ $100.00Low
9/9/2021Raymond JamesBoost TargetMarket Perform$67.00 ➝ $80.00Low
9/9/2021Royal Bank of CanadaBoost TargetOutperform$85.00 ➝ $95.00Low
9/9/2021TD SecuritiesBoost TargetBuy$80.00 ➝ $95.00High
9/9/2021StephensBoost TargetPositive ➝ Overweight$74.00 ➝ $96.00Medium
9/9/2021BMO Capital MarketsBoost TargetPositive ➝ Market Perform$65.00 ➝ $88.00Medium
9/9/2021BarclaysBoost TargetEqual Weight$71.00 ➝ $83.00Medium
9/9/2021William BlairReiterated RatingBuyHigh
9/3/2021Royal Bank of CanadaBoost TargetOutperform$72.00 ➝ $85.00Low
8/23/2021BarclaysBoost TargetOverweight$65.00 ➝ $71.00Medium
7/9/2021Raymond JamesReiterated RatingMarket Perform$84.00Low
6/3/2021TD SecuritiesBoost TargetBuy$70.00 ➝ $75.00Medium
6/3/2021Raymond JamesBoost TargetMarket Perform$64.00 ➝ $67.00Medium
6/3/2021Royal Bank of CanadaBoost TargetOutperform$70.00 ➝ $72.00High
6/3/2021StephensBoost TargetOverweight$72.00 ➝ $74.00High
6/3/2021CIBCBoost TargetNeutral$63.50 ➝ $68.50High
6/3/2021BarclaysBoost TargetEqual Weight$63.00 ➝ $65.00High
3/4/2021Royal Bank of CanadaBoost TargetOutperform$68.00 ➝ $70.00High
3/4/2021TD SecuritiesBoost TargetBuy$68.00 ➝ $70.00High
3/4/2021Raymond JamesBoost TargetMarket Perform$58.00 ➝ $64.00High
3/4/2021BarclaysBoost TargetMarket Perform ➝ Equal Weight$59.00 ➝ $63.00High
12/3/2020Royal Bank of CanadaBoost TargetOutperform$67.00 ➝ $68.00Low
12/3/2020Raymond JamesReiterated RatingMarket Perform$58.00Low
12/3/2020TD SecuritiesBoost TargetBuy$67.00 ➝ $68.00Low
11/13/2020StephensUpgradeEqual Weight ➝ Overweight$60.00 ➝ $70.00High
9/11/2020Stifel NicolausBoost TargetBuy$63.00 ➝ $78.00Low
9/10/2020BMO Capital MarketsBoost TargetMarket Perform$47.00 ➝ $61.00Low
9/10/2020ScotiabankBoost TargetSector Outperform$48.00 ➝ $58.00Medium
9/10/2020TD SecuritiesBoost TargetBuy$61.00 ➝ $67.00High
9/3/2020Royal Bank of CanadaBoost TargetOutperform$57.00 ➝ $67.00High
8/24/2020BarclaysBoost TargetEqual Weight$36.00 ➝ $54.00Low
6/4/2020Royal Bank of CanadaBoost TargetOutperform$50.00 ➝ $57.00Low
5/28/2020Raymond JamesSet TargetMarket Perform$42.00High
5/28/2020BMO Capital MarketsBoost TargetMarket Perform$43.00 ➝ $47.00High
5/26/2020ScotiabankBoost TargetSector Outperform$42.00 ➝ $45.00Low
3/17/2020BarclaysReiterated RatingHold$36.00High
3/5/2020Raymond JamesBoost TargetMarket Perform$40.00 ➝ $42.00Medium
2/25/2020Raymond JamesSet TargetMarket Perform$40.00Low
1/10/2020TD SecuritiesBoost TargetBuy$49.00 ➝ $53.00Low
1/10/2020BarclaysDowngradeOverweight ➝ Equal Weight$46.00High
12/5/2019Raymond JamesReiterated RatingMarket Perform$40.00Medium
12/5/2019TD SecuritiesBoost TargetBuy$46.00 ➝ $49.00Medium
12/5/2019BarclaysLower TargetOverweight$47.00 ➝ $46.00High
12/2/2019Royal Bank of CanadaBoost TargetOutperform$45.00 ➝ $50.00Low
11/1/2019BarclaysSet TargetBuy$47.00N/A
10/29/2019CIBCReiterated RatingHold$45.00Low
9/5/2019Haywood SecuritiesSet TargetBuy$44.00Low
9/5/2019Raymond JamesSet TargetMarket Perform$36.00High
8/22/2019Wolfe ResearchInitiated CoverageOutperform$43.00Low
7/1/2019StephensInitiated CoverageEqual ➝ Equal Weight$40.00Medium
6/11/2019TD SecuritiesInitiated CoverageBuy$46.00Low
6/5/2019Haywood SecuritiesSet TargetBuy$44.00High
5/30/2019Raymond JamesBoost TargetMarket Perform$33.00 ➝ $36.00Medium
5/30/2019TD SecuritiesBoost TargetBuy$45.00 ➝ $46.00Medium
5/30/2019BMO Capital MarketsReiterated RatingPositive ➝ Market Perform$43.00Medium
5/28/2019Royal Bank of CanadaBoost TargetOutperform$41.00 ➝ $45.00Medium
4/11/2019CIBCDowngradeSector Outperform ➝ NeutralMedium
3/7/2019BMO Capital MarketsSet TargetHold$37.00Low
3/7/2019TD SecuritiesBoost TargetBuy$40.00 ➝ $45.00Medium
3/7/2019Raymond JamesBoost TargetMarket Perform$31.00 ➝ $33.00Medium
3/7/2019Royal Bank of CanadaBoost TargetOutperform$38.00 ➝ $41.00Medium
1/30/2019Raymond JamesReiterated RatingMarket Perform$31.00Low
1/28/2019Echelon Wealth PartnersReiterated RatingBuyLow
11/29/2018BMO Capital MarketsSet TargetMarket Perform$32.00Low
6/1/2018Morgan StanleyBoost TargetEqual Weight ➝ Equal Weight$31.00 ➝ $33.00Medium
5/31/2018TD SecuritiesBoost TargetBuy$35.00 ➝ $36.00Medium
5/31/2018BarclaysBoost TargetOverweight ➝ Overweight$33.00 ➝ $35.00Medium
3/6/2018Morgan StanleyReiterated RatingEqual Weight ➝ Equal Weight$33.00 ➝ $31.00Low
(Data available from 2/7/2018 forward)

News Sentiment Rating

1.11 (Buy)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 2 very positive mentions
  • 2 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
7/12/2022
  • 2 very positive mentions
  • 2 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
8/11/2022
  • 5 very positive mentions
  • 11 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
9/10/2022
  • 3 very positive mentions
  • 1 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
10/10/2022
  • 3 very positive mentions
  • 3 positive mentions
  • 2 negative mentions
  • 0 very negative mentions
Mentions as of
11/9/2022
  • 2 very positive mentions
  • 5 positive mentions
  • 2 negative mentions
  • 0 very negative mentions
Mentions as of
12/9/2022
  • 2 very positive mentions
  • 4 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
1/8/2023
  • 9 very positive mentions
  • 6 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
2/7/2023

Current Sentiment

  • 9 very positive mentions
  • 6 positive mentions
  • 0 negative mentions
  • 0 very negative mentions

Recent Stories by Sentiment

Very Negative

  • No very negative mentions tracked during this time.

Negative

  • No negative mentions tracked during this time.

Positive

Very Positive

The Descartes Systems Group logo
The Descartes Systems Group, Inc. provides on-demand, software-as-a-service solutions focused on improving the productivity, performance and security of logistics-intensive businesses. It uses modular, software-as-a-service solutions to route, schedule, track and measure delivery resources; plan, allocate and execute shipments; rate, audit and pay transportation invoices; access global trade data; file customs and security documents for imports and exports; and complete numerous other logistics processes by participating in the world's largest, collaborative multimodal logistics community. The company was founded on May 22, 1981 and is headquartered in Waterloo, Canada.
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Today's Range

Now: $75.77
Low: $75.77
High: $77.00

50 Day Range

MA: $70.31
Low: $65.30
High: $76.67

52 Week Range

Now: $75.77
Low: $56.19
High: $79.08

Volume

51,224 shs

Average Volume

99,518 shs

Market Capitalization

$6.43 billion

P/E Ratio

70.81

Dividend Yield

N/A

Beta

1.02

Frequently Asked Questions

What sell-side analysts currently cover shares of The Descartes Systems Group?

The following Wall Street analysts have issued stock ratings on The Descartes Systems Group in the last twelve months: Barclays PLC, BMO Capital Markets, Canaccord Genuity Group Inc., CIBC, Raymond James, Royal Bank of Canada, Stephens, StockNews.com, TD Securities, and Wolfe Research.
View the latest analyst ratings for DSGX.

What is the current price target for The Descartes Systems Group?

9 Wall Street analysts have set twelve-month price targets for The Descartes Systems Group in the last year. Their average twelve-month price target is $75.56, suggesting a possible downside of 0.3%. Royal Bank of Canada has the highest price target set, predicting DSGX will reach $85.00 in the next twelve months. Barclays PLC has the lowest price target set, forecasting a price of $58.00 for The Descartes Systems Group in the next year.
View the latest price targets for DSGX.

What is the current consensus analyst rating for The Descartes Systems Group?

The Descartes Systems Group currently has 1 sell rating, 3 hold ratings and 4 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Hold." A "hold" rating indicates that analysts believe investors should keep any existing positions they have in DSGX, but not buy more shares or sell existing shares.
View the latest ratings for DSGX.

What other companies compete with The Descartes Systems Group?

Other companies that are similar to The Descartes Systems Group include monday.com, Guidewire Software, Nutanix, Coupa Software and CyberArk Software. Learn More about companies similar to The Descartes Systems Group.

How do I contact The Descartes Systems Group's investor relations team?

The Descartes Systems Group's physical mailing address is 120 RANDALL ST, WATERLOO A6, N2V 1C6. The technology company's listed phone number is (519) 746-8110 and its investor relations email address is [email protected] The official website for The Descartes Systems Group is www.descartes.com. Learn More about contacing The Descartes Systems Group investor relations.