Docebo (NASDAQ:DCBO – Get Free Report) was downgraded by analysts at Zacks Research from a “strong-buy” rating to a “hold” rating in a note issued to investors on Monday,Zacks.com reports.
Several other brokerages have also recently weighed in on DCBO. Scotiabank reduced their price target on shares of Docebo from $32.00 to $25.00 and set an “outperform” rating on the stock in a research report on Monday, March 2nd. Morgan Stanley reduced their price target on shares of Docebo from $28.00 to $26.00 and set an “equal weight” rating on the stock in a research report on Monday, March 2nd. Canaccord Genuity Group reduced their price target on shares of Docebo from $40.00 to $36.00 and set a “buy” rating on the stock in a research report on Monday, March 2nd. Craig Hallum restated a “buy” rating and issued a $38.00 price target on shares of Docebo in a research report on Monday, March 2nd. Finally, Oppenheimer restated an “outperform” rating and issued a $25.00 price target on shares of Docebo in a research report on Thursday, January 29th. Two analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating, three have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $30.92.
View Our Latest Research Report on DCBO
Docebo Trading Down 0.2%
Hedge Funds Weigh In On Docebo
Large investors have recently made changes to their positions in the company. Northwest & Ethical Investments L.P. purchased a new position in shares of Docebo during the 4th quarter worth about $27,000. State of Wyoming purchased a new position in shares of Docebo during the 4th quarter worth about $72,000. Deutsche Bank AG boosted its stake in shares of Docebo by 33.2% during the 4th quarter. Deutsche Bank AG now owns 3,533 shares of the company’s stock worth $78,000 after purchasing an additional 881 shares during the period. TD Waterhouse Canada Inc. boosted its stake in shares of Docebo by 39.5% during the 3rd quarter. TD Waterhouse Canada Inc. now owns 6,380 shares of the company’s stock worth $172,000 after purchasing an additional 1,805 shares during the period. Finally, Zurcher Kantonalbank Zurich Cantonalbank boosted its stake in shares of Docebo by 46.7% during the 3rd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 7,063 shares of the company’s stock worth $193,000 after purchasing an additional 2,248 shares during the period. 53.17% of the stock is owned by hedge funds and other institutional investors.
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.
Recommended Stories
- Five stocks we like better than Docebo
- Banks Are Buying Back Stock Hand Over Fist, Including These 3 Names
- 2 Aluminum Stocks Poised for Big Tariff-Related Gains
- AutoZone’s Pullback Sets Up a Long-Term Buying Opportunity
- AST SpaceMobile’s June Launch Plan Puts Its 2026 Satellite Goal Back in Focus
Receive News & Ratings for Docebo Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Docebo and related companies with MarketBeat.com's FREE daily email newsletter.
