The Descartes Systems Group Inc. (NASDAQ:DSGX) Given Average Rating of “Moderate Buy” by Analysts

Posted by Stanley Muller on Jul 31st, 2026

The Descartes Systems Group Inc. (NASDAQ:DSGX – Get Free Report) (TSE:DSG) has been assigned an average recommendation of “Moderate Buy” from the fifteen ratings firms that are presently covering the stock, Marketbeat reports. Three analysts have rated the stock with a hold recommendation, eleven have issued a buy recommendation and one has given a strong buy recommendation to the company. The average 12-month price target among brokers that have issued ratings on the stock in the last year is $102.5385.

A number of analysts have weighed in on DSGX shares. National Bank Financial set a $95.00 target price on The Descartes Systems Group and gave the stock an “outperform” rating in a report on Monday, July 20th. Loop Capital reiterated a “buy” rating and issued a $96.00 price target on shares of The Descartes Systems Group in a report on Thursday, June 4th. Raymond James Financial reduced their price target on The Descartes Systems Group from $118.00 to $108.00 and set an “outperform” rating for the company in a research report on Thursday, June 4th. Canadian Imperial Bank of Commerce boosted their price target on The Descartes Systems Group from $116.00 to $118.00 and gave the stock an “outperformer” rating in a research report on Thursday, June 4th. Finally, Rothschild & Co Redburn raised The Descartes Systems Group from a “neutral” rating to a “buy” rating and dropped their price objective for the company from $100.00 to $90.00 in a research report on Thursday, April 16th.

Check Out Our Latest Report on The Descartes Systems Group

The Descartes Systems Group Stock Performance

NASDAQ:DSGX opened at $74.55 on Friday. The firm has a 50-day simple moving average of $71.99 and a 200-day simple moving average of $71.98. The Descartes Systems Group has a one year low of $62.56 and a one year high of $109.00. The firm has a market cap of $6.39 billion, a P/E ratio of 37.27 and a beta of 0.64.

The Descartes Systems Group (NASDAQ:DSGX – Get Free Report) (TSE:DSG) last released its quarterly earnings data on Wednesday, June 3rd. The technology company reported $0.55 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.52 by $0.03. The firm had revenue of $166.96 million for the quarter, compared to the consensus estimate of $193.57 million. The Descartes Systems Group had a net margin of 23.35% and a return on equity of 11.17%. The company’s quarterly revenue was up 14.7% on a year-over-year basis. During the same period last year, the firm earned $0.41 earnings per share. On average, research analysts predict that The Descartes Systems Group will post 2.37 EPS for the current fiscal year.

Institutional Trading of The Descartes Systems Group

Several hedge funds have recently modified their holdings of the company. Quarry LP bought a new stake in shares of The Descartes Systems Group in the 3rd quarter valued at about $27,000. Danske Bank A S purchased a new position in shares of The Descartes Systems Group in the 3rd quarter worth approximately $34,000. Measured Wealth Private Client Group LLC bought a new position in shares of The Descartes Systems Group during the 3rd quarter worth approximately $40,000. EverSource Wealth Advisors LLC raised its stake in shares of The Descartes Systems Group by 57.5% during the 1st quarter. EverSource Wealth Advisors LLC now owns 548 shares of the technology company’s stock worth $39,000 after acquiring an additional 200 shares in the last quarter. Finally, Caitong International Asset Management Co. Ltd lifted its position in The Descartes Systems Group by 267.3% during the third quarter. Caitong International Asset Management Co. Ltd now owns 551 shares of the technology company’s stock valued at $52,000 after acquiring an additional 401 shares during the last quarter. 77.73% of the stock is owned by hedge funds and other institutional investors.

The Descartes Systems Group Company Profile

(Get Free Report)

The Descartes Systems Group Inc (NASDAQ: DSGX) is a global provider of cloud-based logistics and supply chain management solutions. The company’s software-as-a-service platform connects and optimizes the flow of goods, information and payments across the global supply chain, helping businesses coordinate transportation, customs clearance, routing, scheduling and fleet management. Descartes’ modular applications serve shippers, carriers, third-party logistics providers and regulatory authorities by enabling real-time visibility, compliance and execution across complex trade networks.

Headquartered in Waterloo, Ontario, Descartes was founded in 1981 and has grown through a combination of organic development and strategic acquisitions.