Descartes Systems Gr
(NASDAQ:DSGX)
$94.10
2.46[2.68%]
At close: Apr 23
$94.10
0[0.00%]
After Hours: 5:43PM EDT
Aerospace Software Developments was acquired by Descartes Systems Gr (DSGX) on Monday, April 22, 2024 for $61.0M
Consensus Rating1
Outperform
Highest Price Target1
$110.00
Lowest Price Target1
$75.00
Consensus Price Target1
$96.25

Descartes Systems Gr Stock (NASDAQ:DSGX), Analyst Ratings, Price Targets, Predictions

The Descartes Systems Group Inc has a consensus price target of $96.25, established from looking at the 45 latest analyst ratings. The last 3 analyst ratings were released from CIBC, RBC Capital, and Stephens & Co. on April 16, 2024, April 11, 2024, and March 7, 2024. With an average price target of $106 between CIBC, RBC Capital, and Stephens & Co., there's an implied 12.65% upside for The Descartes Systems Group Inc from these 3 analyst ratings.

Analyst Trend
1
Dec 23
1
Jan
1
Feb
2
1
Mar
1
Apr
Buy
Hold
Sell
Strong Sell
Analyst Rating
12345
2.5
Hold
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

CIBC
RBC Capital
Stephens & Co.
BMO Capital
Scotiabank

1calculated from analyst ratings published within the last 3 years

Analyst Ratings for Descartes Systems Gr

date
ticker
Buy Now
Company
Current price
Upside/Downside
Analyst Firm
Analyst & % Accurate
Price Target Change
Rating Change
Previous / Current Rating
Get Alert
04/16/2024DSGXBuy Now
Descartes Systems Gr
$94.107.33%CIBC
Stephanie Price
$96.5 → $101UpgradeNeutral → OutperformerGet Alert
04/11/2024DSGXBuy Now
Descartes Systems Gr
$94.1016.9%RBC Capital
Paul Treiber
→ $110ReiteratesOutperform → OutperformGet Alert
03/07/2024DSGXBuy Now
Descartes Systems Gr
$94.1013.71%Stephens & Co.
Justin Long
$105 → $107MaintainsOverweightGet Alert
03/07/2024DSGXBuy Now
Descartes Systems Gr
$94.1016.9%RBC Capital
Paul Treiber
$100 → $110MaintainsOutperformGet Alert
03/07/2024DSGXBuy Now
Descartes Systems Gr
$94.10-0.11%BMO Capital
Thanos Moschopoulos
$88 → $94MaintainsMarket PerformGet Alert
03/07/2024DSGXBuy Now
Descartes Systems Gr
$94.106.27%Scotiabank
Kevin Krishnaratne
$95 → $100MaintainsSector OutperformGet Alert
02/20/2024DSGXBuy Now
Descartes Systems Gr
$94.10-20.3%Barclays
Raimo Lenschow
$71 → $75MaintainsUnderweightGet Alert
01/10/2024DSGXBuy Now
Descartes Systems Gr
$94.100.96%Wolfe Research
Scott Group
→ $95UpgradePeer Perform → OutperformGet Alert
12/06/2023DSGXBuy Now
Descartes Systems Gr
$94.1011.58%Stephens & Co.
Justin Long
$94 → $105MaintainsOverweightGet Alert
09/08/2023DSGXBuy Now
Descartes Systems Gr
$94.10-8.61%Scotiabank
Kevin Krishnaratne
→ $86ReiteratesSector Outperform → Sector OutperformGet Alert
09/07/2023DSGXBuy Now
Descartes Systems Gr
$94.106.27%RBC Capital
Paul Treiber
$95 → $100MaintainsOutperformGet Alert
09/07/2023DSGXBuy Now
Descartes Systems Gr
$94.10-0.11%Stephens & Co.
Justin Long
$93 → $94MaintainsOverweightGet Alert
06/01/2023DSGXBuy Now
Descartes Systems Gr
$94.100.96%RBC Capital
Paul Treiber
→ $95Reiterates → OutperformGet Alert
06/01/2023DSGXBuy Now
Descartes Systems Gr
$94.10-1.17%Stephens & Co.
Justin Long
$90 → $93MaintainsOverweightGet Alert
06/01/2023DSGXBuy Now
Descartes Systems Gr
$94.10-12.86%BMO Capital
Thanos Moschopoulos
$78 → $82MaintainsMarket PerformGet Alert
06/01/2023DSGXBuy Now
Descartes Systems Gr
$94.10-6.48%Canaccord Genuity
David Hynes
$85 → $88MaintainsBuyGet Alert
06/01/2023DSGXBuy Now
Descartes Systems Gr
$94.10-30.92%Barclays
Raimo Lenschow
$62 → $65MaintainsUnderweightGet Alert
03/02/2023DSGXBuy Now
Descartes Systems Gr
$94.10-4.36%Stephens & Co.
Justin Long
$85 → $90MaintainsOverweightGet Alert
03/02/2023DSGXBuy Now
Descartes Systems Gr
$94.100.96%RBC Capital
Paul Treiber
$85 → $95MaintainsOutperformGet Alert

FAQ

Q

What is the target price for Descartes Systems Gr (DSGX)?

A

The latest price target for Descartes Systems Gr (NASDAQ: DSGX) was reported by CIBC on April 16, 2024. The analyst firm set a price target for $101.00 expecting DSGX to rise to within 12 months (a possible 7.33% upside). 17 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Descartes Systems Gr (DSGX)?

A

The latest analyst rating for Descartes Systems Gr (NASDAQ: DSGX) was provided by CIBC, and Descartes Systems Gr upgraded their outperformer rating.

Q

When was the last upgrade for Descartes Systems Gr (DSGX)?

A

The last upgrade for The Descartes Systems Group Inc happened on April 16, 2024 when CIBC raised their price target to $101. CIBC previously had a neutral for The Descartes Systems Group Inc.

Q

When was the last downgrade for Descartes Systems Gr (DSGX)?

A

The last downgrade for The Descartes Systems Group Inc happened on November 17, 2022 when Wolfe Research changed their price target from N/A to N/A for The Descartes Systems Group Inc.

Q

When is the next analyst rating going to be posted or updated for Descartes Systems Gr (DSGX)?

A

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Descartes Systems Gr, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Descartes Systems Gr was filed on April 16, 2024 so you should expect the next rating to be made available sometime around April 16, 2025.

Q

Is the Analyst Rating Descartes Systems Gr (DSGX) correct?

A

While ratings are subjective and will change, the latest Descartes Systems Gr (DSGX) rating was a upgraded with a price target of $96.50 to $101.00. The current price Descartes Systems Gr (DSGX) is trading at is $94.10, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.