Cormark Has Bearish Outlook for Docebo FY2025 Earnings

Docebo Inc. (NASDAQ:DCBO) – Analysts at Cormark lowered their FY2025 EPS estimates for shares of Docebo in a research report issued to clients and investors on Monday, March 3rd. Cormark analyst G. Fairweather now forecasts that the company will post earnings of $1.28 per share for the year, down from their prior estimate of $1.30. The consensus estimate for Docebo’s current full-year earnings is $0.78 per share.

Other equities research analysts have also issued research reports about the company. Craig Hallum lifted their price objective on Docebo from $58.00 to $62.00 and gave the stock a “buy” rating in a report on Monday, November 11th. Atb Cap Markets upgraded shares of Docebo from a “hold” rating to a “strong-buy” rating in a research note on Friday, February 28th. Scotiabank cut their price target on Docebo from $55.00 to $45.00 and set a “sector outperform” rating for the company in a report on Tuesday. Finally, Needham & Company LLC boosted their price objective on shares of Docebo from $50.00 to $60.00 and gave the company a “buy” rating in a research note on Friday, November 8th. One analyst has rated the stock with a hold rating, nine have assigned a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, Docebo currently has an average rating of “Buy” and a consensus target price of $55.60.

Docebo Price Performance

Shares of NASDAQ DCBO opened at $31.83 on Thursday. The company has a current ratio of 1.13, a quick ratio of 1.13 and a debt-to-equity ratio of 0.01. The stock has a fifty day simple moving average of $41.29 and a two-hundred day simple moving average of $44.39. Docebo has a 1-year low of $27.61 and a 1-year high of $54.00. The firm has a market cap of $963.81 million, a price-to-earnings ratio of 54.88 and a beta of 1.60.

Hedge Funds Weigh In On Docebo

Hedge funds and other institutional investors have recently modified their holdings of the stock. Warburg Pincus LLC boosted its position in Docebo by 5.7% during the 3rd quarter. Warburg Pincus LLC now owns 3,546,597 shares of the company’s stock valued at $156,760,000 after acquiring an additional 190,434 shares in the last quarter. Long Path Partners LP lifted its stake in shares of Docebo by 1.2% in the 4th quarter. Long Path Partners LP now owns 740,055 shares of the company’s stock valued at $33,132,000 after purchasing an additional 8,756 shares during the period. Hillsdale Investment Management Inc. boosted its position in shares of Docebo by 207.6% during the fourth quarter. Hillsdale Investment Management Inc. now owns 611,085 shares of the company’s stock valued at $27,372,000 after purchasing an additional 412,403 shares in the last quarter. Wellington Management Group LLP grew its stake in Docebo by 1,047.0% in the third quarter. Wellington Management Group LLP now owns 599,976 shares of the company’s stock worth $26,518,000 after purchasing an additional 547,666 shares during the period. Finally, Arrowstreet Capital Limited Partnership raised its holdings in Docebo by 44.9% in the fourth quarter. Arrowstreet Capital Limited Partnership now owns 435,548 shares of the company’s stock worth $19,504,000 after purchasing an additional 134,867 shares in the last quarter. Hedge funds and other institutional investors own 53.17% of the company’s stock.

Docebo Company Profile

Docebo Inc operates as a learning management software company that provides artificial intelligence (AI)-powered learning platform in North America and internationally. It offers Learning Management System (LMS) to train internal and external workforces, partners, and customers. The company's cloud platform consists of a learning suite, which includes Docebo Learn LMS, a cloud-based learning platform that allows learning administrators to deliver personalized learning; Docebo Shape, an AI-based learning content creation tool, which enables learning administrators to turn internal and external resources into engaging, multilingual, and microlearning content to share across the business; Docebo Content that allows off-the-shelf learning content by partnering content specialist; Docebo Learning Impact, a learning measurement tool that enables administrators to prove and improve training programs; Docebo Learn Data, which gives a comprehensive view on learning data to business results; Docebo Connect that connects Docebo to custom tech stack and making integrations; and Docebo Flow that allows businesses to directly inject learning into the flow of work.