Docebo (NASDAQ:DCBO – Free Report) had its price target raised by Needham & Company LLC from $31.00 to $42.00 in a research note released on Friday morning,Benzinga reports. They currently have a buy rating on the stock.
A number of other analysts have also recently issued reports on the stock. Wall Street Zen cut shares of Docebo from a “buy” rating to a “hold” rating in a research note on Saturday, October 17th. Zacks Research raised Docebo from a “strong sell” rating to a “hold” rating in a report on Wednesday, August 19th. ATB Cormark Capital Markets decreased their price objective on shares of Docebo from $36.00 to $35.00 and set an “outperform” rating for the company in a research report on Monday, July 20th. Weiss Ratings raised shares of Docebo from a “hold (c-)” rating to a “hold (c)” rating in a research report on Thursday, October 8th. Finally, National Bank Financial lifted their price target on shares of Docebo from $24.00 to $31.00 and gave the company a “sector perform” rating in a research report on Wednesday, October 21st. One equities research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and four have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $32.40.
View Our Latest Analysis on Docebo
Docebo Stock Down 4.7%
DCBO traded down $1.43 during trading hours on Friday, hitting $28.97. 230,588 shares of the company’s stock were exchanged, compared to its average volume of 44,754. The stock’s 50-day moving average is $26.09 and its two-hundred day moving average is $20.68. Docebo has a 1-year low of $14.39 and a 1-year high of $31.94. The stock has a market cap of $725.70 million, a price-to-earnings ratio of 25.41 and a beta of 1.18.
Docebo (NASDAQ:DCBO – Get Free Report) last posted its quarterly earnings results on Friday, November 6th. The company reported $0.55 earnings per share for the quarter, topping the consensus estimate of $0.53 by $0.02. The firm had revenue of $70.33 million for the quarter, compared to analyst estimates of $68.47 million. Docebo had a return on equity of 120.29% and a net margin of 12.98%. On average, equities research analysts anticipate that Docebo will post 1.45 EPS for the current year.
Docebo Dividend Announcement
The company also recently disclosed a special dividend, which will be paid on Monday, November 30th. Stockholders of record on Monday, November 16th will be given a dividend of C$2.42 per share. The ex-dividend date is Monday, November 16th.
Institutional Investors Weigh In On Docebo
Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Arrowstreet Capital Limited Partnership raised its position in Docebo by 16.2% during the 1st quarter. Arrowstreet Capital Limited Partnership now owns 615,587 shares of the company’s stock valued at $10,775,000 after purchasing an additional 86,038 shares during the last quarter. NewGen Asset Management Ltd bought a new position in shares of Docebo in the first quarter worth about $1,558,000. Engineers Gate Manager LP boosted its position in shares of Docebo by 25.4% during the second quarter. Engineers Gate Manager LP now owns 61,170 shares of the company’s stock worth $1,094,000 after acquiring an additional 12,400 shares during the last quarter. Sei Investments Co. grew its holdings in shares of Docebo by 211.7% in the first quarter. Sei Investments Co. now owns 56,034 shares of the company’s stock valued at $979,000 after purchasing an additional 38,058 shares in the last quarter. Finally, TD Waterhouse Canada Inc. lifted its holdings in shares of Docebo by 4.4% in the 3rd quarter. TD Waterhouse Canada Inc. now owns 44,535 shares of the company’s stock valued at $981,000 after acquiring an additional 1,894 shares during the last quarter. 53.17% of the stock is currently owned by institutional investors.
Key Headlines Impacting Docebo
Here are the key news stories impacting Docebo this week:
- Positive Sentiment: Third-quarter adjusted earnings were $0.55 per share, ahead of the cited $0.53 consensus, while revenue of $70.3 million exceeded the $69.6 million estimate. Revenue grew 14% year over year, and profit also increased. Docebo Q3 earnings and revenues surpass estimates
- Positive Sentiment: Docebo’s 2026 revenue guidance of $276.7 million is above the $275.5 million consensus. Fourth-quarter guidance of $71.9 million–$72.1 million also tops the $71.6 million estimate.
- Positive Sentiment: Needham raised its price target to $42 from $31 and reiterated a Buy rating, implying roughly 45% upside from the cited $28.97 share price.
- Positive Sentiment: The board declared a one-time special cash dividend of approximately $2.42 per share, totaling about $60 million, payable November 30. This is a special distribution, not an indication of a recurring dividend. Docebo announces US$60 million special dividend
- Negative Sentiment: Despite the upbeat results and announcements, DCBO traded lower in Friday’s session. The provided reports do not identify a specific negative catalyst for the decline.
About Docebo
Docebo Inc develops learning management and learning technology solutions for businesses and other organizations. Its cloud-based platform is designed to help companies create, manage, deliver and measure training for employees, customers, partners and other learners.
The Docebo Learning Platform includes tools for course administration, content delivery, artificial intelligence-supported learning, reporting and analytics, and integrations with other enterprise software. The company also offers capabilities for creating and managing learning content, supporting instructor-led and virtual training, and delivering extended-enterprise education programs.
Founded in 2005 by Claudio Erba, Docebo is headquartered in Toronto, Canada, and serves organizations internationally.
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