The Descartes Systems Group (DSGX) Expected to Announce Earnings on Wednesday

The Descartes Systems Group (NASDAQ:DSGX - Get Free Report) TSE: DSG is expected to post its Q1 2026 quarterly earnings results before the market opens on Wednesday, June 4th. Analysts expect the company to announce earnings of $0.46 per share for the quarter.

The Descartes Systems Group (NASDAQ:DSGX - Get Free Report) TSE: DSG last announced its quarterly earnings results on Wednesday, March 5th. The technology company reported $0.43 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.43. The Descartes Systems Group had a net margin of 21.80% and a return on equity of 10.65%. The company had revenue of $167.50 million for the quarter, compared to analysts' expectations of $169.97 million. On average, analysts expect The Descartes Systems Group to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

The Descartes Systems Group Stock Down 0.6%

Shares of DSGX stock traded down $0.72 during trading hours on Thursday, hitting $113.68. 247,262 shares of the company's stock traded hands, compared to its average volume of 209,772. The stock's fifty day simple moving average is $105.95 and its two-hundred day simple moving average is $110.79. The Descartes Systems Group has a 12-month low of $89.00 and a 12-month high of $124.31. The stock has a market cap of $9.73 billion, a price-to-earnings ratio of 71.50 and a beta of 0.88.

Wall Street Analyst Weigh In

DSGX has been the subject of a number of analyst reports. Stephens reduced their price objective on shares of The Descartes Systems Group from $137.00 to $125.00 and set an "overweight" rating for the company in a research note on Wednesday, April 9th. Royal Bank of Canada reissued an "outperform" rating and issued a $130.00 target price on shares of The Descartes Systems Group in a report on Friday, March 28th. CIBC decreased their target price on The Descartes Systems Group from $128.00 to $127.00 and set an "outperform" rating on the stock in a research report on Thursday, March 6th. Wall Street Zen lowered The Descartes Systems Group from a "buy" rating to a "hold" rating in a research note on Thursday, February 6th. Finally, Barclays lowered their target price on shares of The Descartes Systems Group from $125.00 to $118.00 and set an "equal weight" rating for the company in a research note on Thursday, March 6th. Four investment analysts have rated the stock with a hold rating, eight have issued a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $122.18.

Hedge Funds Weigh In On The Descartes Systems Group

A hedge fund recently raised its stake in The Descartes Systems Group stock. Goldman Sachs Group Inc. boosted its holdings in shares of The Descartes Systems Group Inc. (NASDAQ:DSGX - Free Report) TSE: DSG by 35.1% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 377,140 shares of the technology company's stock after acquiring an additional 98,054 shares during the period. Goldman Sachs Group Inc. owned about 0.44% of The Descartes Systems Group worth $38,027,000 at the end of the most recent reporting period. 77.73% of the stock is currently owned by institutional investors and hedge funds.

The Descartes Systems Group Company Profile

The Descartes Systems Group Inc provides cloud-based logistics and supply chain management solutions worldwide. Its Logistics Technology platform offers a range of modular, interoperable web and wireless logistics management solutions. The company provides a suite of solutions that include routing, mobile, and telematics; transportation management; ecommerce, shipping, and fulfillment; customs and regulatory compliance; global trade intelligence; broker and forwarder enterprise systems; and B2B messaging and connectivity services.