What is William Blair's Estimate for DSGX Q2 Earnings?

The Descartes Systems Group Inc. (NASDAQ:DSGX - Free Report) TSE: DSG - Equities researchers at William Blair dropped their Q2 2026 earnings estimates for The Descartes Systems Group in a note issued to investors on Monday, June 9th. William Blair analyst D. Becker now anticipates that the technology company will earn $0.52 per share for the quarter, down from their previous estimate of $0.54. 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 Q3 2026 earnings at $0.56 EPS, Q4 2026 earnings at $0.58 EPS, FY2026 earnings at $2.08 EPS, Q1 2027 earnings at $0.58 EPS, Q2 2027 earnings at $0.61 EPS, Q3 2027 earnings at $0.63 EPS, Q4 2027 earnings at $0.65 EPS and FY2027 earnings at $2.46 EPS.

Several other equities research analysts have also commented on DSGX. Royal Bank of Canada cut their price target on shares of The Descartes Systems Group from $130.00 to $126.00 and set an "outperform" rating for the company in a report on Thursday, June 5th. Barclays lowered their target price on shares of The Descartes Systems Group from $118.00 to $108.00 and set an "equal weight" rating on the stock in a research note on Thursday, June 5th. BMO Capital Markets lowered their price target on shares of The Descartes Systems Group from $120.00 to $113.00 and set a "market perform" rating on the stock in a research report on Thursday, March 6th. CIBC lowered their price target on shares of 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. Finally, Stephens lowered their price target on shares of The Descartes Systems Group from $137.00 to $125.00 and set an "overweight" rating on the stock in a research report on Wednesday, April 9th. Three investment analysts have rated the stock with a hold rating, eight have issued a buy rating and one has issued a strong buy rating to the company's stock. According to data from MarketBeat, the company presently has an average rating of "Moderate Buy" and an average price target of $123.40.

The Descartes Systems Group Price Performance

DSGX traded down $1.47 during trading on Wednesday, reaching $99.20. 738,407 shares of the company's stock were exchanged, compared to its average volume of 224,937. The Descartes Systems Group has a 1 year low of $90.61 and a 1 year high of $124.31. The stock has a market capitalization of $8.49 billion, a P/E ratio of 62.39 and a beta of 0.87. The company's fifty day simple moving average is $107.12 and its 200-day simple moving average is $110.12.

The Descartes Systems Group (NASDAQ:DSGX - Get Free Report) TSE: DSG last released its quarterly earnings results on Wednesday, June 4th. The technology company reported $0.41 earnings per share for the quarter, missing analysts' consensus estimates of $0.46 by ($0.05). The firm had revenue of $168.74 million during the quarter, compared to the consensus estimate of $169.60 million. The Descartes Systems Group had a net margin of 21.80% and a return on equity of 10.65%. The firm's quarterly revenue was up 11.5% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.40 earnings per share.

Hedge Funds Weigh In On The Descartes Systems Group

A number of institutional investors have recently made changes to their positions in the business. Strs Ohio acquired a new position in The Descartes Systems Group during the first quarter worth about $14,793,000. Ellsworth Advisors LLC lifted its holdings in shares of The Descartes Systems Group by 7.3% during the 1st quarter. Ellsworth Advisors LLC now owns 6,619 shares of the technology company's stock valued at $667,000 after buying an additional 452 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its stake in shares of The Descartes Systems Group by 1.2% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 54,618 shares of the technology company's stock valued at $5,507,000 after acquiring an additional 660 shares in the last quarter. United Services Automobile Association bought a new position in shares of The Descartes Systems Group in the 1st quarter valued at approximately $319,000. Finally, Goldman Sachs Group Inc. raised its stake in shares of The Descartes Systems Group by 35.1% in the 1st quarter. Goldman Sachs Group Inc. now owns 377,140 shares of the technology company's stock valued at $38,027,000 after acquiring an additional 98,054 shares in the last quarter. 77.73% of the stock is 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.