The Descartes Systems Group (NASDAQ:DSGX) Given New $82.00 Price Target at BMO Capital Markets

The Descartes Systems Group (NASDAQ:DSGX) (TSE:DSG) had its price objective trimmed by BMO Capital Markets from $95.00 to $82.00 in a report published on Thursday morning,Benzinga reports. The brokerage currently has a market perform rating on the technology company’s stock.

DSGX has been the topic of several other research reports. Zacks Research raised The Descartes Systems Group from a “hold” rating to a “strong-buy” rating in a research note on Friday, January 16th. Morgan Stanley raised The Descartes Systems Group from an “equal weight” rating to an “overweight” rating in a report on Thursday, January 15th. Royal Bank Of Canada set a $126.00 target price on The Descartes Systems Group and gave the stock an “outperform” rating in a research report on Monday, December 1st. Raymond James Financial upgraded The Descartes Systems Group from a “market perform” rating to an “outperform” rating and set a $118.00 price target for the company in a research report on Thursday, December 4th. Finally, Scotiabank cut their price target on The Descartes Systems Group from $115.00 to $95.00 and set an “outperform” rating for the company in a research note on Wednesday, February 4th. Two equities research analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Buy” and an average target price of $108.64.

The Descartes Systems Group Stock Up 4.2%

Shares of DSGX opened at $71.98 on Thursday. The Descartes Systems Group has a 52-week low of $62.56 and a 52-week high of $117.35. The company has a 50-day simple moving average of $74.53 and a 200-day simple moving average of $86.37. The company has a market capitalization of $6.19 billion, a PE ratio of 38.70 and a beta of 0.77.

The Descartes Systems Group (NASDAQ:DSGX) (TSE:DSG) last released its quarterly earnings data on Wednesday, March 11th. The technology company reported $0.52 EPS for the quarter, topping analysts’ consensus estimates of $0.50 by $0.02. The Descartes Systems Group had a net margin of 22.47% and a return on equity of 10.91%. The firm had revenue of $192.37 million for the quarter, compared to the consensus estimate of $188.09 million. During the same quarter in the previous year, the firm earned $0.43 earnings per share. The firm’s revenue was up 15.1% on a year-over-year basis. On average, research analysts anticipate that The Descartes Systems Group will post 1.64 EPS for the current year.

Hedge Funds Weigh In On The Descartes Systems Group

Several hedge funds have recently bought and sold shares of DSGX. Quarry LP acquired a new position in shares of The Descartes Systems Group in the third quarter worth $27,000. Mather Group LLC. purchased a new stake in shares of The Descartes Systems Group in the third quarter valued at $28,000. Danske Bank A S acquired a new stake in shares of The Descartes Systems Group during the third quarter valued at $34,000. Measured Wealth Private Client Group LLC purchased a new stake in The Descartes Systems Group during the 3rd quarter worth about $40,000. Finally, Caitong International Asset Management Co. Ltd increased its position in The Descartes Systems Group by 267.3% during the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 551 shares of the technology company’s stock worth $52,000 after purchasing an additional 401 shares in the last quarter. Hedge funds and other institutional investors own 77.73% of the company’s stock.

The Descartes Systems Group News Roundup

Here are the key news stories impacting The Descartes Systems Group this week:

• Positive Sentiment: Q4 results beat expectations — Descartes reported $0.52 EPS vs. $0.50 consensus and revenue of $192.4M (+15.1% YoY) vs. $188.1M expected; management also released the press release, slide deck and call transcript. This is the primary driver of the stock move today. Descartes Announces Fiscal 2026 Fourth Quarter and Annual Financial Results
• Positive Sentiment: Several analysts retained bullish ratings with meaningful upside estimates despite trimming targets — Morgan Stanley left an “overweight” rating with a $100 PT (~39% upside) and Canaccord kept a “buy” with a $92 PT (~27% upside). Those maintained positive endorsements support further upside. Morgan Stanley note Canaccord note
• Neutral Sentiment: Company provided earnings call highlights and investor materials (slides, transcript) — useful for confirming guidance and product/CRM traction but not new headline news. Earnings call highlights
• Negative Sentiment: Analyst price‑target cuts could limit near‑term upside — BMO cut its PT to $82 and moved to “market perform”, and Barclays trimmed to $89 while remaining overweight; multiple downward revisions signal more conservative near‑term estimates even though most PTs remain above the current price. BMO/Barclays notes

The Descartes Systems Group Company Profile

The Descartes Systems Group Inc (NASDAQ: DSGX) is a global provider of cloud-based logistics and supply chain management solutions. The company’s software-as-a-service platform connects and optimizes the flow of goods, information and payments across the global supply chain, helping businesses coordinate transportation, customs clearance, routing, scheduling and fleet management. Descartes’ modular applications serve shippers, carriers, third-party logistics providers and regulatory authorities by enabling real-time visibility, compliance and execution across complex trade networks.

Headquartered in Waterloo, Ontario, Descartes was founded in 1981 and has grown through a combination of organic development and strategic acquisitions.