The Descartes Systems Group - DSGX Stock Price Target and Predictions

  • Consensus Rating: Moderate Buy
  • Consensus Price Target: $116.15
  • Forecasted Upside: 1.43%
  • Number of Analysts: 15
  • Breakdown:
  • 0 Sell Ratings
  • 4 Hold Ratings
  • 10 Buy Ratings
  • 1 Strong Buy Ratings
$114.52
▲ +0.51 (0.45%)

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 $116.15
▲ +1.43% Upside Potential
This price target is based on 15 analysts offering 12 month price targets for The Descartes Systems Group in the last 3 months. The average price target is $116.15, with a high forecast of $140.00 and a low forecast of $90.00. The average price target represents a 1.43% upside from the last price of $114.52.

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 Moderate Buy

The current consensus among 15 investment analysts is to moderate buy stock in The Descartes Systems Group. This rating has held steady since March 2024, when it changed from a Hold 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
  • 4 buy ratings
  • 3 hold ratings
  • 1 sell ratings
6/29/2023
  • 0 strong buy ratings
  • 4 buy ratings
  • 3 hold ratings
  • 1 sell ratings
9/27/2023
  • 0 strong buy ratings
  • 4 buy ratings
  • 3 hold ratings
  • 1 sell ratings
12/26/2023
  • 0 strong buy ratings
  • 5 buy ratings
  • 3 hold ratings
  • 1 sell ratings
3/25/2024
  • 0 strong buy ratings
  • 7 buy ratings
  • 3 hold ratings
  • 1 sell ratings
6/23/2024
  • 0 strong buy ratings
  • 8 buy ratings
  • 3 hold ratings
  • 1 sell ratings
9/21/2024
  • 1 strong buy ratings
  • 9 buy ratings
  • 4 hold ratings
  • 0 sell ratings
11/20/2024
  • 1 strong buy ratings
  • 10 buy ratings
  • 4 hold ratings
  • 0 sell ratings
12/20/2024

Latest Recommendations

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

Display Ratings By
DateBrokerageActionRatingPrice TargetDetails
12/17/2024Loop CapitalInitiated CoverageBuy$140.00
12/4/2024TD SecuritiesBoost TargetBuy$115.00 ➝ $135.00
12/4/2024ScotiabankBoost TargetSector Outperform ➝ Sector Outperform$120.00 ➝ $125.00
12/4/2024BMO Capital MarketsBoost TargetMarket Perform ➝ Market Perform$104.00 ➝ $120.00
11/29/2024Royal Bank of CanadaBoost TargetOutperform ➝ Outperform$115.00 ➝ $133.00
11/15/2024BarclaysUpgradeUnderweight ➝ Equal Weight$88.00 ➝ $125.00
10/24/2024ScotiabankBoost TargetSector Outperform ➝ Sector Outperform$104.00 ➝ $120.00
9/26/2024National BanksharesSet TargetOutperform$125.00
9/25/2024National Bank FinancialUpgradeStrong-Buy
9/5/2024Canaccord Genuity GroupSet TargetBuy$108.00
9/5/2024Royal Bank of CanadaReiterated RatingOutperform ➝ Outperform$115.00 ➝ $115.00
9/5/2024BMO Capital MarketsBoost TargetMarket Perform ➝ Market Perform$100.00 ➝ $104.00
9/5/2024BarclaysBoost TargetUnderweight ➝ Underweight$87.00 ➝ $88.00
5/31/2024ScotiabankBoost TargetSector Outperform ➝ Sector Outperform$100.00 ➝ $104.00
5/31/2024Raymond JamesBoost TargetMarket Perform ➝ Market Perform$94.00 ➝ $96.00
5/30/2024CIBCBoost TargetOutperformer ➝ Outperform$101.00 ➝ $108.00
5/30/2024TD SecuritiesBoost TargetBuy ➝ Buy$110.00 ➝ $115.00
5/30/2024StephensBoost TargetOverweight ➝ Overweight$107.00 ➝ $110.00
5/30/2024BMO Capital MarketsBoost TargetMarket Perform ➝ Market Perform$94.00 ➝ $100.00
5/24/2024Royal Bank of CanadaBoost TargetOutperform$110.00 ➝ $115.00
5/17/2024BarclaysBoost TargetUnderweight ➝ Underweight$75.00 ➝ $87.00
5/14/2024Redburn AtlanticInitiated CoverageNeutral$90.00
4/16/2024CIBCUpgradeNeutral ➝ Sector Outperform$96.50 ➝ $101.00
4/11/2024Royal Bank of CanadaReiterated RatingOutperform ➝ Outperform$110.00
4/1/2024William BlairReiterated RatingOutperform
3/7/2024TD SecuritiesBoost TargetBuy$95.00 ➝ $110.00
3/7/2024Raymond JamesBoost TargetMarket Perform$84.00 ➝ $94.00
3/7/2024CIBCBoost TargetNeutral$85.00 ➝ $95.00
3/7/2024Royal Bank of CanadaBoost TargetOutperform ➝ Outperform$100.00 ➝ $110.00
3/7/2024ScotiabankBoost TargetSector Outperform ➝ Sector Outperform$95.00 ➝ $100.00
3/7/2024BMO Capital MarketsBoost TargetMarket Perform ➝ Market Perform$88.00 ➝ $94.00
3/7/2024StephensBoost TargetOverweight ➝ Overweight$105.00 ➝ $107.00
2/20/2024BarclaysBoost TargetUnderweight ➝ Underweight$71.00 ➝ $75.00
1/31/2024ScotiabankBoost TargetOutperform$86.00 ➝ $95.00
1/10/2024Wolfe ResearchUpgradePeer Perform ➝ Outperform$95.00
12/6/2023CIBCBoost TargetNeutral$76.00 ➝ $85.00
12/6/2023TD SecuritiesBoost TargetBuy$91.00 ➝ $95.00
12/6/2023StephensBoost TargetOverweight ➝ Overweight$94.00 ➝ $105.00
12/1/2023BarclaysBoost TargetUnderperform$65.00 ➝ $71.00
9/8/2023ScotiabankReiterated RatingSector Outperform ➝ Sector Outperform$86.00
9/7/2023Royal Bank of CanadaBoost TargetOutperform ➝ Outperform$95.00 ➝ $100.00
9/7/2023StephensBoost TargetOverweight ➝ Overweight$93.00 ➝ $94.00
6/1/202322nd Century GroupReiterated RatingMaintains
6/1/2023Raymond JamesBoost TargetMarket Perform$73.00 ➝ $81.00
6/1/2023TD SecuritiesBoost TargetBuy$90.00 ➝ $91.00
6/1/2023StephensBoost Target$90.00 ➝ $93.00
6/1/2023BarclaysBoost Target$62.00 ➝ $65.00
3/3/2023TD SecuritiesBoost TargetBuy$85.00 ➝ $90.00
3/2/2023Raymond JamesBoost TargetMarket Perform$71.00 ➝ $73.00
3/2/2023StephensBoost TargetOverweight$85.00 ➝ $90.00
3/2/2023BMO Capital MarketsBoost TargetMarket Perform$71.00 ➝ $78.00
3/2/2023Royal Bank of CanadaBoost TargetOutperform$85.00 ➝ $95.00
12/8/2022BMO Capital MarketsLower Target$74.00 ➝ $71.00
12/8/2022StephensBoost TargetOverweight$83.00 ➝ $85.00
12/8/2022BarclaysLower TargetUnderweight$60.00 ➝ $58.00
11/17/2022Wolfe ResearchDowngradeOutperform ➝ Peer Perform
10/18/2022BarclaysDowngradeEqual Weight ➝ Underweight$72.00 ➝ $60.00
9/8/2022TD SecuritiesBoost TargetBuy$84.00 ➝ $85.00
9/8/2022Canaccord Genuity GroupBoost TargetBuy$74.00 ➝ $77.00
8/16/2022BarclaysBoost TargetOverweight$62.00 ➝ $72.00
6/27/2022CIBCDowngradeSector Outperform ➝ Neutral$89.00 ➝ $71.00
6/3/2022StephensLower Target$80.00
6/3/2022BarclaysBoost TargetEqual Weight$61.00 ➝ $62.00
6/2/2022Raymond JamesLower TargetMarket Perform$83.00 ➝ $71.00
6/2/2022TD SecuritiesLower TargetBuy$95.00 ➝ $84.00
6/2/2022BMO Capital MarketsLower Target$81.00 ➝ $68.00
5/27/2022Royal Bank of CanadaLower TargetOutperform$100.00 ➝ $85.00
5/20/2022BarclaysLower TargetEqual Weight$78.00 ➝ $61.00
3/3/2022Raymond JamesSet TargetMarket Perform$83.00
3/3/2022BarclaysLower TargetEqual Weight$80.00 ➝ $78.00
2/11/2022Raymond JamesReiterated RatingMarket Perform$106.00
1/31/2022CIBCUpgradeBuy$89.00
1/12/2022BarclaysLower Target$90.00 ➝ $80.00
12/2/2021Raymond JamesBoost TargetMarket Perform$80.00 ➝ $83.00
12/2/2021BarclaysBoost TargetEqual Weight$89.00 ➝ $90.00
11/29/2021Royal Bank of CanadaBoost TargetOutperform$95.00 ➝ $100.00
9/9/2021Raymond JamesBoost TargetMarket Perform$67.00 ➝ $80.00
9/9/2021Royal Bank of CanadaBoost TargetOutperform$85.00 ➝ $95.00
9/9/2021TD SecuritiesBoost TargetBuy$80.00 ➝ $95.00
9/9/2021StephensBoost TargetPositive ➝ Overweight$74.00 ➝ $96.00
9/9/2021BMO Capital MarketsBoost TargetPositive ➝ Market Perform$65.00 ➝ $88.00
9/9/2021BarclaysBoost TargetEqual Weight$71.00 ➝ $83.00
9/9/2021William BlairReiterated RatingBuy
9/3/2021Royal Bank of CanadaBoost TargetOutperform$72.00 ➝ $85.00
8/23/2021BarclaysBoost TargetOverweight$65.00 ➝ $71.00
7/9/2021Raymond JamesReiterated RatingMarket Perform$84.00
6/3/2021TD SecuritiesBoost TargetBuy$70.00 ➝ $75.00
6/3/2021Raymond JamesBoost TargetMarket Perform$64.00 ➝ $67.00
6/3/2021Royal Bank of CanadaBoost TargetOutperform$70.00 ➝ $72.00
6/3/2021StephensBoost TargetOverweight$72.00 ➝ $74.00
6/3/2021CIBCBoost TargetNeutral$63.50 ➝ $68.50
6/3/2021BarclaysBoost TargetEqual Weight$63.00 ➝ $65.00
3/4/2021Royal Bank of CanadaBoost TargetOutperform$68.00 ➝ $70.00
3/4/2021TD SecuritiesBoost TargetBuy$68.00 ➝ $70.00
3/4/2021Raymond JamesBoost TargetMarket Perform$58.00 ➝ $64.00
3/4/2021BarclaysBoost TargetMarket Perform ➝ Equal Weight$59.00 ➝ $63.00
12/3/2020Royal Bank of CanadaBoost TargetOutperform$67.00 ➝ $68.00
12/3/2020Raymond JamesReiterated RatingMarket Perform$58.00
12/3/2020TD SecuritiesBoost TargetBuy$67.00 ➝ $68.00
11/13/2020StephensUpgradeEqual Weight ➝ Overweight$60.00 ➝ $70.00
9/11/2020Stifel NicolausBoost TargetBuy$63.00 ➝ $78.00
9/10/2020BMO Capital MarketsBoost TargetMarket Perform$47.00 ➝ $61.00
9/10/2020ScotiabankBoost TargetSector Outperform$48.00 ➝ $58.00
9/10/2020TD SecuritiesBoost TargetBuy$61.00 ➝ $67.00
9/3/2020Royal Bank of CanadaBoost TargetOutperform$57.00 ➝ $67.00
8/24/2020BarclaysBoost TargetEqual Weight$36.00 ➝ $54.00
6/4/2020Royal Bank of CanadaBoost TargetOutperform$50.00 ➝ $57.00
5/28/2020Raymond JamesSet TargetMarket Perform$42.00
5/28/2020BMO Capital MarketsBoost TargetMarket Perform$43.00 ➝ $47.00
5/26/2020ScotiabankBoost TargetSector Outperform$42.00 ➝ $45.00
3/17/2020BarclaysReiterated RatingHold$36.00
3/5/2020Raymond JamesBoost TargetMarket Perform$40.00 ➝ $42.00
2/25/2020Raymond JamesSet TargetMarket Perform$40.00
1/10/2020TD SecuritiesBoost TargetBuy$49.00 ➝ $53.00
1/10/2020BarclaysDowngradeOverweight ➝ Equal Weight$46.00
(Data available from 12/21/2019 forward)

News Sentiment Rating

1.17 (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
  • 14 very positive mentions
  • 10 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
5/25/2024
  • 18 very positive mentions
  • 14 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
6/24/2024
  • 16 very positive mentions
  • 2 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
7/24/2024
  • 10 very positive mentions
  • 4 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
8/23/2024
  • 21 very positive mentions
  • 15 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
9/22/2024
  • 14 very positive mentions
  • 15 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
10/22/2024
  • 12 very positive mentions
  • 10 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
11/21/2024
  • 25 very positive mentions
  • 8 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
12/21/2024

Current Sentiment

  • 25 very positive mentions
  • 8 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
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: $114.52
Low: $112.32
High: $115.86

50 Day Range

MA: $112.87
Low: $103.93
High: $121.37

52 Week Range

Now: $114.52
Low: $79.21
High: $122.88

Volume

481,519 shs

Average Volume

162,485 shs

Market Capitalization

$9.79 billion

P/E Ratio

72.03

Dividend Yield

N/A

Beta

0.98

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, Loop Capital, National Bank Financial, National Bankshares, Inc., Raymond James, Redburn Atlantic, Royal Bank of Canada, Scotiabank, Stephens, StockNews.com, TD Securities, William Blair, and Wolfe Research.
View the latest analyst ratings for DSGX.

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

0 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 $116.15, suggesting a possible upside of 1.4%. Loop Capital has the highest price target set, predicting DSGX will reach $140.00 in the next twelve months. Redburn Atlantic has the lowest price target set, forecasting a price of $90.00 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 4 hold ratings, 10 buy ratings and 1 strong buy rating from Wall Street analysts. The stock has a consensus analyst rating of "Moderate Buy."
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 Electronic Arts, Cloudflare, HubSpot, Roblox and Veeva Systems. 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.