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The Descartes Systems Group - DSG Stock Price Target and Predictions

  • Consensus Rating: Hold
  • Consensus Price Target: C$89.67
  • Forecasted Upside: -30.36%
  • Number of Analysts: 4
  • Breakdown:
  • 1 Sell Ratings
  • 1 Hold Ratings
  • 2 Buy Ratings
  • 0 Strong Buy Ratings
C$128.75 As of 04/25/2024 11:46 AM ET
▼ -0.62 (-0.48%)

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

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Analyst Price Target for DSG

Analyst Price Target is C$89.67
▼ -30.36% Downside Potential
This price target is based on 4 analysts offering 12 month price targets for The Descartes Systems Group in the last 3 months. The average price target is C$89.67, with a high forecast of C$110.00 and a low forecast of C$75.00. The average price target represents a -30.36% upside from the last price of C$128.75.

This chart shows the closing price for DSG 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 4 polled investment analysts is to hold stock in The Descartes Systems Group. This Hold consensus rating has held steady for over two years.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 2 buy ratings
  • 1 hold ratings
  • 1 sell ratings
Ratings as of
11/2/2022
  • 0 strong buy ratings
  • 2 buy ratings
  • 1 hold ratings
  • 1 sell ratings
Ratings as of
1/31/2023
  • 0 strong buy ratings
  • 2 buy ratings
  • 1 hold ratings
  • 1 sell ratings
Ratings as of
5/1/2023
  • 0 strong buy ratings
  • 2 buy ratings
  • 1 hold ratings
  • 1 sell ratings
Ratings as of
7/30/2023
  • 0 strong buy ratings
  • 2 buy ratings
  • 1 hold ratings
  • 1 sell ratings
Ratings as of
10/28/2023
  • 0 strong buy ratings
  • 2 buy ratings
  • 1 hold ratings
  • 1 sell ratings
Ratings as of
1/26/2024
  • 0 strong buy ratings
  • 2 buy ratings
  • 1 hold ratings
  • 1 sell ratings
Ratings as of
3/26/2024
  • 0 strong buy ratings
  • 2 buy ratings
  • 1 hold ratings
  • 1 sell ratings
Ratings as of
4/25/2024

Latest Recommendations

  • 0 strong buy ratings
  • 2 buy ratings
  • 1 hold ratings
  • 1 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetDetails
4/1/2024William BlairReiterated RatingOutperform
3/7/2024Royal Bank of CanadaBoost TargetOutperformC$100.00 ➝ C$110.00
2/20/2024BarclaysBoost TargetUnderweightC$71.00 ➝ C$75.00
12/6/2023Raymond JamesBoost TargetMarket PerformC$81.00 ➝ C$84.00
9/7/2023Royal Bank of CanadaBoost TargetOutperformC$95.00 ➝ C$100.00
3/2/2023Royal Bank of CanadaBoost TargetOutperformC$85.00 ➝ C$95.00
12/8/2022William BlairReiterated RatingOutperform
12/8/2022BarclaysLower TargetSellC$58.00
10/18/2022BarclaysDowngradeSellC$60.00
9/8/2022Wolfe ResearchReiterated RatingBuyC$75.00
1/31/2022CIBCUpgradeBuyC$89.00
9/9/2021TD SecuritiesBoost TargetBuyC$120.00
9/9/2021Raymond JamesBoost TargetMarket PerformC$101.00
9/9/2021CIBCBoost TargetOutperformC$113.00
9/9/2021Royal Bank of CanadaBoost TargetOutperformC$120.00
9/3/2021Royal Bank of CanadaBoost TargetOutperformC$90.00 ➝ C$106.00
6/3/2021TD SecuritiesBoost TargetBuyC$90.50
6/3/2021Raymond JamesBoost TargetMarket PerformC$81.00
6/3/2021Royal Bank of CanadaBoost TargetOutperformC$87.00
3/4/2021BarclaysBoost TargetEqual WeightC$63.00
12/3/2020Royal Bank of CanadaBoost TargetOutperformC$68.00
12/3/2020Raymond JamesReiterated RatingMarket PerformC$58.00
12/3/2020TD SecuritiesBoost TargetBuyC$68.00
9/10/2020Raymond JamesBoost TargetMarket PerformC$42.00 ➝ C$58.00
5/31/2019BMO Capital MarketsSet TargetMarket PerformC$43.00
5/30/2019BarclaysBoost TargetC$55.00 ➝ C$61.00
(Data available from 4/25/2019 forward)

News Sentiment Rating

0.85 (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
  • 3 very positive mentions
  • 3 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
9/28/2023
  • 1 very positive mentions
  • 6 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
10/28/2023
  • 1 very positive mentions
  • 3 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
11/27/2023
  • 4 very positive mentions
  • 4 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
12/27/2023
  • 1 very positive mentions
  • 2 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
1/26/2024
  • 2 very positive mentions
  • 3 positive mentions
  • 0 negative mentions
  • 1 very negative mentions
Mentions as of
2/25/2024
  • 7 very positive mentions
  • 8 positive mentions
  • 0 negative mentions
  • 1 very negative mentions
Mentions as of
3/26/2024
  • 9 very positive mentions
  • 11 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
4/25/2024

Current Sentiment

  • 9 very positive mentions
  • 11 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 cloud-based logistics and supply chain management solutions worldwide. Its Logistics Technology platform offers a range of modular, interoperable web and wireless logistics management solutions. The company provides a suite of solutions that include routing, mobile, and telematics; transportation management; ecommerce, shipping, and fulfillment; customs and regulatory compliance; global trade intelligence; broker and forwarder enterprise systems; and B2B messaging and connectivity services. It also offers its customers to use its modular, software-as-a-service, and data solutions to route, schedule, track, and measure delivery resources; plan, allocate, and execute shipments; rate, audit, and pay transportation invoices; access and analyze global trade data; research and perform trade tariff and duty calculations; file customs and security documents for imports and exports; and various other logistics processes. In addition, the company provides consulting, implementation, and training services, as well as maintenance and support services. It serves transportation providers, such as air, ocean, and truck modes; logistics service providers, including third-party logistics providers, freight forwarders, and customs brokers; and distribution-intensive companies, such as manufacturers, retailers, distributors, and mobile business service providers through subscription, transactional or perpetual license basis. The Descartes Systems Group Inc. was incorporated in 1981 and is headquartered in Waterloo, Canada.
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Today's Range

Now: C$128.75
Low: C$127.18
High: C$129.18

50 Day Range

MA: C$122.31
Low: C$114.80
High: C$129.37

52 Week Range

Now: C$128.75
Low: C$95.03
High: C$131.18

Volume

23,440 shs

Average Volume

90,684 shs

Market Capitalization

C$10.97 billion

P/E Ratio

72.74

Dividend Yield

1.06%

Beta

0.76

Frequently Asked Questions

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

The following Wall Street analysts have issued research reports on The Descartes Systems Group in the last year: Barclays PLC, Raymond James, Royal Bank of Canada, and William Blair.
View the latest analyst ratings for DSG.

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

3 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 C$89.67, suggesting a possible downside of 30.4%. Royal Bank of Canada has the highest price target set, predicting DSG will reach C$110.00 in the next twelve months. Barclays PLC has the lowest price target set, forecasting a price of C$75.00 for The Descartes Systems Group in the next year.
View the latest price targets for DSG.

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

The Descartes Systems Group currently has 1 sell rating, 1 hold rating and 2 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 DSG, but not buy more shares or sell existing shares.
View the latest ratings for DSG.

What other companies compete with The Descartes Systems Group?

Other companies that are similar to The Descartes Systems Group include Open Text, Kinaxis, Lightspeed Commerce, Celestica and Maxar Technologies. 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 Dr, WATERLOO, ON N2V 1C6, Canada. The company's listed phone number is +1-519-7468110. The official website for The Descartes Systems Group is www.descartes.com. Learn More about contacing The Descartes Systems Group investor relations.