Research Analysts Offer Predictions for DSGX Q3 Earnings

The Descartes Systems Group Inc. (NASDAQ:DSGX) (TSE:DSG) – Research analysts at William Blair lifted their Q3 2026 earnings per share (EPS) estimates for The Descartes Systems Group in a research note issued on Wednesday, December 4th. William Blair analyst D. Becker now expects that the technology company will post earnings of $0.54 per share for the quarter, up from their previous forecast of $0.53. The consensus estimate for The Descartes Systems Group’s current full-year earnings is $1.69 per share.

Several other equities research analysts also recently weighed in on the stock. Scotiabank increased their target price on shares of The Descartes Systems Group from $120.00 to $125.00 and gave the stock a “sector outperform” rating in a research note on Wednesday. TD Securities boosted their target price on The Descartes Systems Group from $115.00 to $135.00 and gave the company a “buy” rating in a report on Wednesday. StockNews.com downgraded The Descartes Systems Group from a “buy” rating to a “hold” rating in a report on Monday. National Bank Financial raised shares of The Descartes Systems Group to a “strong-buy” rating in a research note on Wednesday, September 25th. Finally, National Bankshares set a $125.00 target price on shares of The Descartes Systems Group and gave the stock an “outperform” rating in a research note on Thursday, September 26th. Five analysts have rated the stock with a hold rating, nine have issued a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $114.17.

The Descartes Systems Group Price Performance

Shares of NASDAQ:DSGX opened at $118.72 on Friday. The stock has a market cap of $10.15 billion, a P/E ratio of 74.67 and a beta of 0.98. The Descartes Systems Group has a 1-year low of $79.21 and a 1-year high of $122.22. The firm has a fifty day moving average price of $109.34 and a 200 day moving average price of $101.92.

The Descartes Systems Group (NASDAQ:DSGX) (TSE:DSG) last announced its earnings results on Wednesday, September 4th. The technology company reported $0.40 EPS for the quarter, missing analysts’ consensus estimates of $0.43 by ($0.03). The business had revenue of $163.43 million during the quarter, compared to analyst estimates of $160.17 million. The Descartes Systems Group had a net margin of 21.80% and a return on equity of 10.82%. The business’s revenue was up 14.0% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.32 earnings per share.

Institutional Investors Weigh In On The Descartes Systems Group

Hedge funds and other institutional investors have recently modified their holdings of the stock. Intact Investment Management Inc. acquired a new stake in shares of The Descartes Systems Group in the 2nd quarter worth approximately $61,000. Blue Trust Inc. boosted its position in The Descartes Systems Group by 931.7% during the third quarter. Blue Trust Inc. now owns 650 shares of the technology company’s stock worth $63,000 after purchasing an additional 587 shares in the last quarter. Andra AP fonden acquired a new stake in The Descartes Systems Group in the second quarter valued at $77,000. Whittier Trust Co. of Nevada Inc. increased its position in shares of The Descartes Systems Group by 143.7% in the second quarter. Whittier Trust Co. of Nevada Inc. now owns 1,194 shares of the technology company’s stock valued at $116,000 after buying an additional 704 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. raised its stake in shares of The Descartes Systems Group by 28.6% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 1,256 shares of the technology company’s stock worth $122,000 after buying an additional 279 shares during the last quarter. 77.73% of the stock is currently 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.