The Descartes Systems Group (DSGX) Stock Forecast & Price Target

$94.10
+2.46 (+2.68%)
(As of 04/23/2024 ET)

The Descartes Systems Group Consensus Analyst Rating and Stock Price Forecast (2024)

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.

Analysts' Consensus Rating

Moderate Buy
Based on 10 Analyst Ratings

Analysts' Consensus Price Target

$98.44
4.62% Upside
High Forecast$110.00
Average Forecast$98.44
Low Forecast$75.00
TypeCurrent Forecast
4/24/23 to 4/23/24
1 Month Ago
3/25/23 to 3/24/24
3 Months Ago
1/24/23 to 1/24/24
1 Year Ago
4/24/22 to 4/24/23
Consensus Rating
Moderate Buy
Hold
Hold
Hold
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
7 Buy rating(s)
5 Buy rating(s)
5 Buy rating(s)
4 Buy rating(s)
Hold
2 Hold rating(s)
3 Hold rating(s)
3 Hold rating(s)
4 Hold rating(s)
Sell
1 Sell rating(s)
1 Sell rating(s)
1 Sell rating(s)
1 Sell rating(s)
Consensus Price Target$98.44$97.78$88.44$79.00
Predicted Upside4.62% Upside9.98% Upside12.12% Upside10.00% Upside
Get The Descartes Systems Group Upgrade and Downgrade Alerts

Sign-up to receive the latest news and ratings for DSGX and its competitors with MarketBeat's FREE daily newsletter.

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.
Skip Chart & View Analyst Rating History

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.
Skip Chart and View Analyst Price Target HistorySkip Chart & View Price History Table

The Descartes Systems Group Stock vs. The Competition

TypeThe Descartes Systems GroupComputer and Technology CompaniesS&P 500
Consensus Rating Score
2.60
2.59
2.49
Consensus RatingModerate BuyModerate BuyHold
Predicted Upside4.62% Upside109.19% Upside10.14% Upside
News Sentiment RatingPositive News
Neutral News
Positive News

Recent Analyst Ratings and Stock Forecasts

DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
4/16/2024CIBC
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 UpgradeNeutral ➝ Sector Outperform$96.50 ➝ $101.00+12.62%
4/11/2024Royal Bank of Canada
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Reiterated RatingOutperform ➝ Outperform$110.00+22.91%
4/1/2024William Blair
Subscribe to MarketBeat All Access for the recommendation accuracy rating
D. Becker
Subscribe to MarketBeat All Access for the recommendation accuracy rating
Reiterated RatingOutperform
3/7/2024TD Securities
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetBuy$95.00 ➝ $110.00+17.76%
3/7/2024Raymond James
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetMarket Perform$84.00 ➝ $94.00+0.63%
3/7/2024Scotiabank
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetSector Outperform ➝ Sector Outperform$95.00 ➝ $100.00+14.52%
3/7/2024BMO Capital Markets
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetMarket Perform ➝ Market Perform$88.00 ➝ $94.00+7.65%
3/7/2024Stephens
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetOverweight ➝ Overweight$105.00 ➝ $107.00+22.54%
2/20/2024Barclays
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetUnderweight ➝ Underweight$71.00 ➝ $75.00-13.45%
1/10/2024Wolfe Research
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 UpgradePeer Perform ➝ Outperform$95.00+17.85%
6/1/202322nd Century Group
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Reiterated RatingMaintains

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Tuesday at 06:43 PM ET.

DSGX Price Target - Frequently Asked Questions

What is The Descartes Systems Group's consensus rating and price target?

According to the issued ratings of 10 analysts in the last year, the consensus rating for The Descartes Systems Group stock is Moderate Buy based on the current 1 sell rating, 2 hold ratings and 7 buy ratings for DSGX. The average twelve-month price prediction for The Descartes Systems Group is $98.44 with a high price target of $110.00 and a low price target of $75.00. 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 more than other Computer and Technology companies. The consensus rating score for The Descartes Systems Group is 2.60 while the average consensus rating score for computer and technology companies is 2.59. Learn more on how DSGX compares to other companies.

Is The Descartes Systems Group being upgraded by Wall Street analysts?

Over the previous 90 days, The Descartes Systems Group's stock had 1 upgrade by analysts.

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 11.41% based on their 12-month stock forecasts.

What analysts cover The Descartes Systems Group?

The Descartes Systems Group has been rated by Barclays, BMO Capital Markets, CIBC, Raymond James, Royal Bank of Canada, Scotiabank, Stephens, TD Securities, and William Blair in the past 90 days.


Stock Ratings Reports and Tools

This page (NASDAQ:DSGX) was last updated on 4/23/2024 by MarketBeat.com Staff

From Our Partners