Docebo Inc. (NASDAQ:DCBO) Given Average Recommendation of “Moderate Buy” by Analysts

Docebo Inc. (NASDAQ:DCBOGet Free Report) has been given an average recommendation of “Moderate Buy” by the twelve brokerages that are presently covering the stock, Marketbeat Ratings reports. One investment analyst has rated the stock with a hold recommendation and eleven have issued a buy recommendation on the company. The average 12-month target price among analysts that have issued a report on the stock in the last year is $55.58.

Several research analysts recently issued reports on DCBO shares. CIBC lifted their price objective on Docebo from $44.00 to $52.00 and gave the stock an “outperform” rating in a research report on Monday, September 16th. Needham & Company LLC restated a “buy” rating and issued a $50.00 price objective (up from $45.00) on shares of Docebo in a research report on Thursday, September 12th. Finally, Craig Hallum initiated coverage on Docebo in a research report on Friday, June 7th. They set a “buy” rating and a $58.00 price objective for the company.

View Our Latest Stock Analysis on DCBO

Docebo Stock Down 1.7 %

Docebo stock opened at $44.36 on Monday. Docebo has a fifty-two week low of $33.81 and a fifty-two week high of $56.41. The firm has a market capitalization of $1.34 billion, a price-to-earnings ratio of 201.64 and a beta of 1.55. The stock’s fifty day moving average is $41.71 and its two-hundred day moving average is $41.72. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.11 and a current ratio of 1.11.

Docebo (NASDAQ:DCBOGet Free Report) last issued its quarterly earnings data on Thursday, August 8th. The company reported $0.19 EPS for the quarter, missing analysts’ consensus estimates of $0.20 by ($0.01). The business had revenue of $53.05 million during the quarter, compared to analyst estimates of $52.30 million. Docebo had a net margin of 8.56% and a return on equity of 29.82%. Analysts predict that Docebo will post 0.79 EPS for the current fiscal year.

Institutional Investors Weigh In On Docebo

A number of institutional investors have recently bought and sold shares of DCBO. PNC Financial Services Group Inc. acquired a new position in shares of Docebo in the 4th quarter valued at $48,000. Point72 Asset Management L.P. acquired a new position in Docebo in the second quarter valued at $189,000. Virtu Financial LLC purchased a new stake in Docebo during the fourth quarter valued at about $262,000. XTX Topco Ltd acquired a new stake in Docebo during the second quarter worth about $264,000. Finally, Aristides Capital LLC purchased a new position in shares of Docebo in the 2nd quarter worth about $277,000. 53.17% of the stock is currently owned by hedge funds and other institutional investors.

Docebo Company Profile

(Get Free Report

Docebo Inc operates as a learning management software company that provides artificial intelligence (AI)-powered learning platform in North America and internationally. It offers Learning Management System (LMS) to train internal and external workforces, partners, and customers. The company's cloud platform consists of a learning suite, which includes Docebo Learn LMS, a cloud-based learning platform that allows learning administrators to deliver personalized learning; Docebo Shape, an AI-based learning content creation tool, which enables learning administrators to turn internal and external resources into engaging, multilingual, and microlearning content to share across the business; Docebo Content that allows off-the-shelf learning content by partnering content specialist; Docebo Learning Impact, a learning measurement tool that enables administrators to prove and improve training programs; Docebo Learn Data, which gives a comprehensive view on learning data to business results; Docebo Connect that connects Docebo to custom tech stack and making integrations; and Docebo Flow that allows businesses to directly inject learning into the flow of work.

Further Reading

Analyst Recommendations for Docebo (NASDAQ:DCBO)

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