The Descartes Systems Group’s (DSGX) “Buy” Rating Reiterated at Loop Capital

Posted by Brenda Bartman on Oct 8th, 2026

The Descartes Systems Group (NASDAQ:DSGX – Get Free Report) (TSE:DSG)‘s stock had its “buy” rating restated by research analysts at Loop Capital in a note issued to investors on Thursday, Benzinga reports. They presently have a $96.00 price objective on the technology company’s stock. Loop Capital’s price target would suggest a potential upside of 18.01% from the company’s current price.

A number of other brokerages have also issued reports on DSGX. Royal Bank Of Canada set a $125.00 target price on The Descartes Systems Group and gave the company an “outperform” rating in a research report on Friday, September 4th. Scotiabank lifted their price objective on shares of The Descartes Systems Group from $95.00 to $98.00 and gave the company a “sector outperform” rating in a report on Friday, September 11th. National Bank Financial lifted their price objective on shares of The Descartes Systems Group from $95.00 to $100.00 and gave the company an “outperform” rating in a report on Monday, September 14th. Scotia lifted their price objective on shares of The Descartes Systems Group from $95.00 to $98.00 and gave the company a “sector outperform” rating in a report on Friday, September 11th. Finally, Weiss Ratings upgraded The Descartes Systems Group from a “hold (c-)” rating to a “hold (c)” rating in a report on Monday, September 21st. One research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $99.67.

View Our Latest Stock Report on DSGX

The Descartes Systems Group Trading Up 1.6%

DSGX stock traded up $1.28 during midday trading on Thursday, reaching $81.35. The stock had a trading volume of 644,827 shares, compared to its average volume of 619,900. The company’s fifty day simple moving average is $78.32 and its 200 day simple moving average is $73.88. The Descartes Systems Group has a 52-week low of $62.56 and a 52-week high of $98.35. The company has a market cap of $6.96 billion, a price-to-earnings ratio of 38.01 and a beta of 0.65.

The Descartes Systems Group (NASDAQ:DSGX – Get Free Report) (TSE:DSG) last released its quarterly earnings results on Thursday, September 10th. The technology company reported $0.57 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.57. The business had revenue of $198.12 million during the quarter, compared to analysts’ expectations of $197.54 million. The Descartes Systems Group had a return on equity of 11.66% and a net margin of 24.25%.The company’s revenue was up 11.8% compared to the same quarter last year. During the same period in the prior year, the business posted $0.43 EPS. Sell-side analysts predict that The Descartes Systems Group will post 2.37 EPS for the current year.

Hedge Funds Weigh In On The Descartes Systems Group

Hedge funds have recently added to or reduced their stakes in the stock. Trust Co. of Vermont purchased a new position in The Descartes Systems Group in the second quarter valued at approximately $33,000. Keating Financial Advisory Services Inc. purchased a new stake in shares of The Descartes Systems Group in the 2nd quarter valued at about $38,000. EverSource Wealth Advisors LLC lifted its holdings in shares of The Descartes Systems Group by 57.5% in the 1st quarter. EverSource Wealth Advisors LLC now owns 548 shares of the technology company’s stock valued at $39,000 after purchasing an additional 200 shares during the last quarter. Allworth Financial LP purchased a new stake in shares of The Descartes Systems Group in the 2nd quarter valued at about $49,000. Finally, Parallel Advisors LLC lifted its holdings in shares of The Descartes Systems Group by 124.7% in the 1st quarter. Parallel Advisors LLC now owns 755 shares of the technology company’s stock valued at $54,000 after purchasing an additional 419 shares during the last quarter. 77.73% of the stock is currently owned by hedge funds and other institutional investors.

The Descartes Systems Group Company Profile

(Get Free Report)

The Descartes Systems Group Inc is a Canadian technology company that provides cloud-based logistics and supply chain management solutions. Its Global Logistics Network connects manufacturers, retailers, distributors, logistics service providers, carriers, and other trading partners to support the exchange of information and the coordination of shipments.

The company’s products and services address a range of transportation and trade-management needs, including transportation management, route planning and optimization, delivery and last-mile management, shipment visibility, freight forwarding, customs and regulatory compliance, electronic data interchange, and telematics.