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NASDAQ: DSGX
Descartes Systems Group Inc Stock Forecast, Predictions & Price Target

OverviewForecast
EarningsDividendOwnership

Analyst price target for DSGX

Based on 5 analysts offering 12 month price targets for Descartes Systems Group Inc.
Min Forecast
$65.00-15.56%
Avg Forecast
$84.60+9.9%
Max Forecast
$95.00+23.41%

Should I buy or sell DSGX stock?

Based on 5 analysts offering ratings for Descartes Systems Group Inc.
Buy
Strong Buy
2 analysts 40%
Buy
1 analysts 20%
Hold
1 analysts 20%
Sell
0 analysts 0%
Strong Sell
1 analysts 20%

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DSGX stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
RBC Capital
Bottom 15%
15
BuyReiterates$95.00+23.41%2023-06-01
Stephens & Co.
Top 18%
83
Strong BuyMaintains$93.00+20.81%2023-06-01
BMO Capital
Top 28%
73
HoldMaintains$82.00+6.52%2023-06-01
Canaccord Genuity
Top 6%
95
Strong BuyMaintains$88.00+14.32%2023-06-01
Barclays
Top 2%
99
Strong SellMaintains$65.00-15.56%2023-06-01

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Forecast return on equity

Is DSGX forecast to generate an efficient return?
Company
10.42%
Industry
-2.32%
Market
14%
DSGX's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is DSGX forecast to generate an efficient return on assets?
Company
8.7%
Industry
3.27%
DSGX is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

DSGX earnings growth forecast

How is DSGX forecast to perform vs Software - Application companies and vs the US market?
Company
11.57%
Industry
126.29%
Market
111.84%
DSGX's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Industry Forecast
DSGX's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Market Forecast
DSGX's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Savings Rate Forecast

DSGX revenue growth forecast

How is DSGX forecast to perform vs Software - Application companies and vs the US market?
Company
10.38%
Industry
12.45%
Market
16.77%
DSGX's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
DSGX's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

DSGX vs App Stocks

TickerPricePrice TargetUp/downsideConsensus
DSGX$76.98$84.60+9.90%Buy
SMAR$48.61$52.14+7.27%Buy
DUOL$155.94$150.17-3.70%Buy
YMM$6.31$8.00+26.78%Hold
ESTC$72.29$76.17+5.36%Strong Buy
View Top App Stocks

Descartes Systems Group Stock Forecast FAQ

Is Descartes Systems Group Stock a good buy in 2023, according to Wall Street analysts?

The consensus among 5 Wall Street analysts covering (NASDAQ: DSGX) stock is to Buy DSGX stock.

Out of 5 analysts, 2 (40%) are recommending DSGX as a Strong Buy, 1 (20%) are recommending DSGX as a Buy, 1 (20%) are recommending DSGX as a Hold, 0 (0%) are recommending DSGX as a Sell, and 1 (20%) are recommending DSGX as a Strong Sell.

If you're new to stock investing, here's how to buy Descartes Systems Group stock.

What is DSGX's forecast return on equity (ROE) for 2024-2024?

(NASDAQ: DSGX) forecast ROE is 10.42%, which is considered weak.

What is DSGX's Price Target?

According to 5 Wall Street analysts that have issued a 1 year DSGX price target, the average DSGX price target is $84.60, with the highest DSGX stock price forecast at $95.00 and the lowest DSGX stock price forecast at $65.00.

On average, Wall Street analysts predict that Descartes Systems Group's share price could reach $84.60 by Jun 1, 2024. The average Descartes Systems Group stock price prediction forecasts a potential upside of 9.9% from the current DSGX share price of $76.98.

What is DSGX's forecast return on assets (ROA) for 2024-2024?

(NASDAQ: DSGX) forecast ROA is 8.7%, which is higher than the forecast US Software - Application industry average of 3.27%.
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