What is William Blair's 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 - William Blair lowered their Q3 2026 earnings per share estimates for 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 per share of $0.44 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 posted its quarterly earnings results on Wednesday, September 3rd. The technology company reported $0.43 EPS for the quarter, missing analysts' consensus estimates of $0.49 by ($0.06). The Descartes Systems Group had a return on equity of 10.41% and a net margin of 21.64%.The firm had revenue of $178.98 million during the quarter, compared to analyst estimates of $176.51 million. During the same quarter last year, the business posted $0.40 earnings per share. The firm's revenue for the quarter was up 10.0% on a year-over-year basis.

A number of other brokerages also recently commented on DSGX. Zacks Research upgraded The Descartes Systems Group from a "strong sell" rating to a "hold" rating in a research note on Tuesday, September 2nd. Morgan Stanley began coverage on The Descartes Systems Group in a research note on Monday, July 14th. They issued an "equal weight" rating and a $110.00 target price for the company. Royal Bank Of Canada decreased their target price on The Descartes Systems Group from $130.00 to $126.00 and set an "outperform" rating for the company in a research note on Thursday, June 5th. Wall Street Zen upgraded The Descartes Systems Group from a "sell" rating to a "hold" rating in a research note on Friday. Finally, Barclays cut their price target on 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. One investment analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and four have issued a Hold rating to the company's stock. According to MarketBeat.com, The Descartes Systems Group currently has a consensus rating of "Moderate Buy" and a consensus price target of $123.60.

The Descartes Systems Group Stock Up 1.5%

Shares of DSGX stock opened at $107.79 on Monday. The business has a 50 day moving average of $102.46 and a two-hundred day moving average of $104.05. The Descartes Systems Group has a 52 week low of $92.00 and a 52 week high of $124.31. The company has a market cap of $9.26 billion, a P/E ratio of 63.78 and a beta of 0.80.

Institutional Investors Weigh In On The Descartes Systems Group

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Reynders McVeigh Capital Management LLC raised its holdings in The Descartes Systems Group by 2.8% during the second quarter. Reynders McVeigh Capital Management LLC now owns 55,120 shares of the technology company's stock worth $5,603,000 after purchasing an additional 1,485 shares in the last quarter. Osaic Holdings Inc. raised its holdings in The Descartes Systems Group by 186.1% during the second quarter. Osaic Holdings Inc. now owns 5,846 shares of the technology company's stock worth $591,000 after purchasing an additional 3,803 shares in the last quarter. Orion Porfolio Solutions LLC raised its holdings in The Descartes Systems Group by 4.1% during the second quarter. Orion Porfolio Solutions LLC now owns 3,616 shares of the technology company's stock worth $368,000 after purchasing an additional 143 shares in the last quarter. Squarepoint Ops LLC raised its holdings in The Descartes Systems Group by 29.7% during the second quarter. Squarepoint Ops LLC now owns 9,352 shares of the technology company's stock worth $951,000 after purchasing an additional 2,144 shares in the last quarter. Finally, Hudson Bay Capital Management LP raised its holdings in The Descartes Systems Group by 253.4% during the second quarter. Hudson Bay Capital Management LP now owns 30,035 shares of the technology company's stock worth $3,053,000 after purchasing an additional 21,535 shares in the last quarter. Institutional investors own 77.73% of the company's stock.

About The Descartes Systems Group

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.

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