NASDAQ:DSGX

The Descartes Systems Group (DSGX) Price Target & Analyst Ratings

$76.29

-1.04 (-1.34%)

(As of 06/1/2023 ET)

Compare

Today's Range: $75.27
▼
$78.02
50-Day Range: $73.80
▼
$81.66
52-Week Range: $58.58
▼
$82.02

Volume: 236,806 shs
Average Volume: 134,731 shs
Market Capitalization: $6.48 billion

P/E Ratio: 64.11
Dividend Yield: N/A
Price Target: $78.78

The Descartes Systems Group Consensus Rating and Price Target (2023)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Analyst Rating

Hold
Based on 9 Analyst Ratings

Consensus Analyst Price Target

$80.89
6.03% Upside

High Prediction	$95.00
Average Prediction	$80.89
Low Prediction	$65.00

Type	Current 6/1/22 to 6/1/23	1 Month Ago 5/2/22 to 5/2/23	3 Months Ago 3/3/22 to 3/3/23	1 Year Ago 6/1/21 to 6/1/22
Consensus Rating	Hold	Hold	Hold	Moderate Buy
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	4 Buy rating(s)	4 Buy rating(s)	4 Buy rating(s)	5 Buy rating(s)
Hold	4 Hold rating(s)	4 Hold rating(s)	4 Hold rating(s)	3 Hold rating(s)
Sell	1 Sell rating(s)	1 Sell rating(s)	1 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	$80.89	$78.78	$78.78	$85.29
Predicted Upside	6.03% Upside	9.92% Upside	9.92% Upside	17.99% Upside

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DSGX Analyst Ratings By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

DSGX Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

The Descartes Systems Group Stock vs. The Competition

Type	The Descartes Systems Group	Computer and Technology Companies	S&P 500
Consensus Rating Score	2.33	2.55	2.48
Consensus Rating	Hold	Buy	Hold
Predicted Upside	6.03% Upside	365.03% Upside	203.34% Upside
News Sentiment Rating	Positive News	Neutral News	Positive News

Historical Target Prices and Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
6/1/2023	Raymond James Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Market Perform	$73.00 ➝ $81.00	+5.04%
6/1/2023	TD Securities Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy	$90.00 ➝ $91.00	+18.01%
6/1/2023	Stephens Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target		$90.00 ➝ $93.00	+20.26%
6/1/2023	Barclays Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target		$62.00 ➝ $65.00	-15.94%
3/2/2023	BMO Capital Markets Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Market Perform	$71.00 ➝ $78.00	+6.22%
3/2/2023	Royal Bank of Canada Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Outperform	$85.00 ➝ $95.00	+29.37%
11/17/2022	Wolfe Research Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Outperform ➝ Peer Perform
9/8/2022	Canaccord Genuity Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy	$74.00 ➝ $77.00	+11.21%
6/27/2022	CIBC Subscribe to MarketBeat All Access for the recommendation accuracy rating	Stephanie Price Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Sector Outperform ➝ Neutral	$89.00 ➝ $71.00	+8.13%

(Data available from 6/1/2018 forward. View 10+ years of historical ratings with our analyst ratings screener.)

DSGX Price Target - Frequently Asked Questions

What is The Descartes Systems Group's consensus rating and price target?: According to the issued ratings of 9 analysts in the last year, the consensus rating for The Descartes Systems Group stock is Hold based on the current 1 sell rating, 4 hold ratings and 4 buy ratings for DSGX. The average twelve-month price prediction for The Descartes Systems Group is $80.89 with a high price target of $95.00 and a low price target of $65.00. Learn more on DSGX's analyst rating history.
Do Wall Street analysts like The Descartes Systems Group more than its competitors?: Analysts like The Descartes Systems Group less than other Computer and Technology companies. The consensus rating for The Descartes Systems Group is Hold while the average consensus rating for computer and technology companies is Buy. Learn more on how DSGX compares to other companies.
Does The Descartes Systems Group's stock price have much upside?: According to analysts, The Descartes Systems Group's stock has a predicted upside of 11.20% based on their 12-month price targets.

What analysts cover The Descartes Systems Group?: The Descartes Systems Group has been rated by Barclays, Raymond James, Stephens, and TD Securities in the past 90 days.

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This page (NASDAQ:DSGX) was last updated on 6/1/2023 by MarketBeat.com Staff

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