Docebo Inc. (NASDAQ:DCBO) Given Consensus Recommendation of "Moderate Buy" by Analysts

Key Points

• Consensus rating — Moderate Buy: Sixteen analysts cover Docebo (1 sell, 3 hold, 10 buy, 2 strong buy) and the average 12‑month price target is about $30.92.
• Analysts trimming targets: Several firms have cut price targets recently (e.g., Needham $38→$31, Cantor Fitzgerald $35→$28, Scotiabank $32→$25, National Bank $31→$24), although Wall Street Zen upgraded the stock to strong‑buy.
• Stock trading near lows with modest valuation: DCBO opened at $17.13 (12‑month low $16.07, high $33.70), market cap ≈ $442M, P/E ≈ 13.5, and about 53% of shares are held by institutions.

Shares of Docebo Inc. (NASDAQ:DCBO - Get Free Report) have been given a consensus recommendation of "Moderate Buy" by the sixteen research firms that are covering the firm, Marketbeat reports. One investment analyst has rated the stock with a sell recommendation, three have given a hold recommendation, ten have assigned a buy recommendation and two have issued a strong buy recommendation on the company. The average 12 month price target among brokerages that have updated their coverage on the stock in the last year is $30.9167.

DCBO has been the topic of a number of research reports. Needham & Company LLC dropped their price target on Docebo from $38.00 to $31.00 and set a "buy" rating on the stock in a research note on Friday, February 27th. Cantor Fitzgerald reduced their price objective on Docebo from $35.00 to $28.00 and set an "overweight" rating for the company in a research report on Wednesday, January 21st. Wall Street Zen raised Docebo from a "buy" rating to a "strong-buy" rating in a report on Sunday, March 8th. Scotiabank dropped their target price on Docebo from $32.00 to $25.00 and set an "outperform" rating on the stock in a research report on Monday, March 2nd. Finally, National Bank Financial cut 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.

Docebo Trading Down 1.9%

Shares of DCBO stock opened at $17.13 on Friday. The company has a current ratio of 1.22, a quick ratio of 1.22 and a debt-to-equity ratio of 0.03. Docebo has a 12-month low of $16.07 and a 12-month high of $33.70. The stock has a market capitalization of $442.30 million, a P/E ratio of 13.49 and a beta of 1.40. The firm's 50 day moving average is $18.57 and its 200 day moving average is $22.12.

Institutional Trading of Docebo

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Northwest & Ethical Investments L.P. bought a new position in Docebo in the fourth quarter worth approximately $27,000. State of Wyoming bought a new stake in shares of Docebo during the 4th quarter valued at $72,000. Deutsche Bank AG increased its stake in shares of Docebo by 33.2% in 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 in the last quarter. TD Waterhouse Canada Inc. increased its stake in shares of Docebo by 39.5% in 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 in the last quarter. Finally, Zurcher Kantonalbank Zurich Cantonalbank raised its holdings in Docebo by 46.7% in 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.

About Docebo

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.

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