William Blair Has Negative Forecast for DSGX Q3 Earnings

Key Points

• William Blair has revised its Q3 2026 earnings per share estimate for The Descartes Systems Group, lowering it from $0.56 to $0.44.
• In its latest earnings report, Descartes posted $0.43 per share, missing analyst estimates by $0.06, despite a 10.0% year-over-year revenue increase.
• Current consensus estimates for Descartes' full-year earnings stand at $1.64 per share, with multiple brokerages offering varying ratings and target prices for the stock.

The Descartes Systems Group Inc. (NASDAQ:DSGX - Free Report) TSE: DSG - Research analysts at William Blair decreased their Q3 2026 EPS estimates for shares of The Descartes Systems Group in a research note issued on Thursday, September 4th. William Blair analyst D. Becker now expects that the technology company will post earnings of $0.44 per share for the quarter, down from their prior estimate of $0.56. The consensus estimate for The Descartes Systems Group's current full-year earnings is $1.64 per share. William Blair also issued estimates for The Descartes Systems Group's Q4 2026 earnings at $0.48 EPS, Q1 2027 earnings at $0.48 EPS, Q2 2027 earnings at $0.51 EPS, Q3 2027 earnings at $0.52 EPS and Q4 2027 earnings at $0.54 EPS.

The Descartes Systems Group (NASDAQ:DSGX - Get Free Report) TSE: DSG last released its earnings results on Wednesday, September 3rd. The technology company reported $0.43 earnings per share for the quarter, missing analysts' consensus estimates of $0.49 by ($0.06). The firm had revenue of $178.98 million for the quarter, compared to analysts' expectations of $176.51 million. The Descartes Systems Group had a net margin of 21.64% and a return on equity of 10.41%. The firm's quarterly revenue was up 10.0% compared to the same quarter last year. During the same quarter last year, the firm posted $0.40 EPS.

DSGX has been the topic of a number of other reports. Morgan Stanley initiated coverage on shares of The Descartes Systems Group in a report on Monday, July 14th. They issued an "equal weight" rating and a $110.00 price target on the stock. Royal Bank Of Canada reduced their price target on shares of The Descartes Systems Group from $130.00 to $126.00 and set an "outperform" rating on the stock in a report on Thursday, June 5th. Wall Street Zen upgraded shares of The Descartes Systems Group from a "sell" rating to a "hold" rating in a report on Friday, September 5th. Barclays reduced their price target on shares of The Descartes Systems Group from $118.00 to $108.00 and set an "equal weight" rating on the stock in a report on Thursday, June 5th. Finally, Zacks Research upgraded shares of The Descartes Systems Group from a "strong sell" rating to a "hold" rating in a report on Tuesday, September 2nd. One equities research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and four have issued a Hold rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average target price of $123.60.

The Descartes Systems Group Stock Down 2.5%

NASDAQ DSGX traded down $2.69 on Monday, reaching $104.30. The company had a trading volume of 487,393 shares, compared to its average volume of 459,203. The stock has a market capitalization of $8.96 billion, a PE ratio of 61.72 and a beta of 0.80. The firm's 50 day moving average price is $102.85 and its 200 day moving average price is $103.98. The Descartes Systems Group has a 12 month low of $92.00 and a 12 month high of $124.31.

Institutional Trading of The Descartes Systems Group

Large investors have recently made changes to their positions in the business. NBC Securities Inc. bought a new stake in shares of The Descartes Systems Group in the 1st quarter worth about $25,000. Cullen Frost Bankers Inc. bought a new position in The Descartes Systems Group during the 1st quarter valued at about $49,000. SBI Securities Co. Ltd. grew its holdings in The Descartes Systems Group by 77.0% during the 2nd quarter. SBI Securities Co. Ltd. now owns 570 shares of the technology company's stock valued at $58,000 after purchasing an additional 248 shares during the last quarter. Parallel Advisors LLC grew its holdings in The Descartes Systems Group by 35.1% during the 2nd quarter. Parallel Advisors LLC now owns 585 shares of the technology company's stock valued at $59,000 after purchasing an additional 152 shares during the last quarter. Finally, GAMMA Investing LLC grew its holdings in The Descartes Systems Group by 23.2% during the 2nd quarter. GAMMA Investing LLC now owns 622 shares of the technology company's stock valued at $63,000 after purchasing an additional 117 shares during the last quarter. 77.73% of the stock is currently owned by institutional investors.

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.