Needham & Company LLC Has Lowered Expectations for Docebo (NASDAQ:DCBO) Stock Price

Docebo (NASDAQ:DCBO) had its price objective lowered by equities researchers at Needham & Company LLC from $38.00 to $31.00 in a research note issued to investors on Friday,Benzinga reports. The firm presently has a “buy” rating on the stock. Needham & Company LLC’s price target would indicate a potential upside of 78.37% from the company’s previous close.

A number of other brokerages have also issued reports on DCBO. National Bank Financial decreased their price target on Docebo from $31.00 to $24.00 and set a “sector perform” rating for the company in a research note on Thursday, January 22nd. TD Securities upgraded Docebo to a “strong-buy” rating in a research note on Thursday, January 15th. Wall Street Zen downgraded Docebo from a “buy” rating to a “hold” rating in a research report on Saturday, February 7th. Zacks Research lowered shares of Docebo from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, November 5th. Finally, Weiss Ratings cut shares of Docebo from a “hold (c-)” rating to a “sell (d+)” rating in a report on Wednesday, December 31st. Two research analysts have rated the stock with a Strong Buy rating, seven have assigned a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $33.00.

Docebo Stock Performance

Docebo stock opened at $17.38 on Friday. The company has a debt-to-equity ratio of 0.05, a current ratio of 1.13 and a quick ratio of 1.13. The firm has a market capitalization of $499.85 million, a P/E ratio of 13.69 and a beta of 1.40. Docebo has a 1-year low of $16.07 and a 1-year high of $35.54. The company’s 50-day moving average is $19.81 and its 200 day moving average is $24.11.

Institutional Investors Weigh In On Docebo

Several large investors have recently modified their holdings of DCBO. Royal Bank of Canada boosted its stake in shares of Docebo by 467.1% during the first quarter. Royal Bank of Canada now owns 158,340 shares of the company’s stock valued at $4,546,000 after purchasing an additional 130,419 shares in the last quarter. Bank of Montreal Can lifted its holdings in Docebo by 21.6% during the second quarter. Bank of Montreal Can now owns 399,152 shares of the company’s stock worth $11,577,000 after buying an additional 70,827 shares during the period. JPMorgan Chase & Co. boosted its position in Docebo by 29.1% during the 2nd quarter. JPMorgan Chase & Co. now owns 11,294 shares of the company’s stock valued at $327,000 after acquiring an additional 2,546 shares in the last quarter. Employees Retirement System of Texas bought a new stake in Docebo during the 2nd quarter valued at $44,000. Finally, Quadrature Capital Ltd increased its holdings in shares of Docebo by 84.6% in the 2nd quarter. Quadrature Capital Ltd now owns 86,200 shares of the company’s stock valued at $2,487,000 after acquiring an additional 39,500 shares during the period. Institutional investors own 53.17% of the company’s stock.

Trending Headlines about Docebo

Here are the key news stories impacting Docebo this week:

• Positive Sentiment: Q4 results beat consensus — revenue (~$62.8M) and EPS topped estimates, and management said Q4 included the strongest gross bookings since 2021 and improved adjusted EBITDA margins; these operational beats support longer‑term growth expectations. Read More.
• Positive Sentiment: Earnings call highlighted continued demand and strategic integration (AI and platform initiatives), reinforcing management’s narrative that product momentum and cross‑sell are driving bookings strength. Read More.
• Neutral Sentiment: Q1 2026 revenue guidance was given at $63.5M–$63.7M, roughly in line with consensus (~$63.4M); the narrow beat offers limited upside and management’s EPS guidance detail was minimal in the notice, leaving investors to parse qualitative commentary for forward conviction.
• Neutral Sentiment: Post‑report analysis focused on key metric comparisons (margin, bookings, ROE), which help contextualize the beat but don’t dramatically change near‑term estimates; watch renewal and ARR/bookings cadence in the next quarters. Read More.
• Negative Sentiment: Needham lowered its price target from $38 to $31 (still a Buy rating), which trims the near‑term upside narrative and likely pressured the stock despite the beat — analyst downgrades/cuts to price targets often trigger selling by momentum and quant funds. Read More.

Docebo Company Profile

Docebo is a cloud-based learning management system (LMS) provider that offers enterprise organizations a comprehensive platform for employee, customer and partner training. The company’s software is designed to streamline learning and development with features such as AI-powered content recommendations, automated learning paths and social collaboration tools. Docebo’s platform supports multiple languages and integrates with a variety of third-party applications, enabling businesses to deliver training at scale across different departments and regions.

Founded in 2005 and headquartered in Toronto, Canada, Docebo has expanded its footprint to serve customers in North America, Europe, the Middle East and the Asia Pacific region.