Needham & Company LLC Issues Positive Forecast for Docebo (NASDAQ:DCBO) Stock Price

Docebo (NASDAQ:DCBO) had its price objective hoisted by investment analysts at Needham & Company LLC from $31.00 to $42.00 in a note issued to investors on Friday, Benzinga reports. The firm currently has a “buy” rating on the stock. Needham & Company LLC‘s target price would indicate a potential upside of 40.89% from the stock’s previous close.

Other analysts also recently issued research reports about the company. Weiss Ratings upgraded Docebo from a “hold (c-)” rating to a “hold (c)” rating in a research note on Thursday, October 8th. Zacks Research raised Docebo from a “strong sell” rating to a “hold” rating in a report on Wednesday, August 19th. Oppenheimer lifted their price target on Docebo from $25.00 to $35.00 and gave the company an “outperform” rating in a research report on Monday. Wall Street Zen downgraded Docebo from a “buy” rating to a “hold” rating in a report on Saturday, October 17th. Finally, National Bank Financial upped their price objective on Docebo from $24.00 to $31.00 and gave the stock a “sector perform” rating in a research report on Wednesday, October 21st. One equities research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $32.40.

Docebo Price Performance

NASDAQ:DCBO traded down $0.59 during mid-day trading on Friday, hitting $29.81. The company’s stock had a trading volume of 202,342 shares, compared to its average volume of 130,385. Docebo has a 1 year low of $14.39 and a 1 year high of $31.94. The stock has a market cap of $744.56 million, a price-to-earnings ratio of 26.20 and a beta of 1.18. The business’s fifty day moving average is $26.01 and its two-hundred day moving average is $20.63.

Docebo (NASDAQ:DCBO) last announced its quarterly earnings results on Friday, November 6th. The company reported $0.46 earnings per share for the quarter, topping the consensus estimate of $0.44 by $0.02. Docebo had a return on equity of 120.29% and a net margin of 12.98%. Analysts anticipate that Docebo will post 1.45 EPS for the current fiscal year.

Institutional Investors Weigh In On Docebo

Several hedge funds have recently modified their holdings of the company. NewGen Asset Management Ltd acquired a new stake in shares of Docebo during the 1st quarter valued at about $1,558,000. Arrowstreet Capital Limited Partnership increased its stake in shares of Docebo by 16.2% in the 1st quarter. Arrowstreet Capital Limited Partnership now owns 615,587 shares of the company’s stock valued at $10,775,000 after purchasing an additional 86,038 shares in the last quarter. Sei Investments Co. raised its holdings in Docebo by 211.7% in the 1st quarter. Sei Investments Co. now owns 56,034 shares of the company’s stock worth $979,000 after purchasing an additional 38,058 shares during the period. K2 Principal Fund L.P. acquired a new position in Docebo in the 2nd quarter worth about $303,000. Finally, Engineers Gate Manager LP raised its holdings in Docebo by 25.4% in the 2nd quarter. Engineers Gate Manager LP now owns 61,170 shares of the company’s stock worth $1,094,000 after purchasing an additional 12,400 shares during the period. 53.17% of the stock is owned by hedge funds and other institutional investors.

Key Headlines Impacting Docebo

Here are the key news stories impacting Docebo this week:

• Positive Sentiment: Q3 revenue was $70.3 million, above the $69.6 million FactSet estimate, while revenue grew 14% year over year. Adjusted EPS of $0.55 also topped the $0.53 Zacks consensus; separately, reported EPS was $0.46 versus a $0.44 estimate. Docebo Q3 earnings and revenue beat estimates
• Positive Sentiment: Docebo’s FY 2026 revenue guidance of $276.7 million is above the $275.5 million consensus. Q4 revenue guidance of $71.9 million–$72.1 million also exceeds the $71.6 million estimate, suggesting a modestly better near-term outlook.
• Positive Sentiment: The board declared a one-time special dividend of approximately US$60 million, or US$2.42 per share, payable November 30 to shareholders of record at the close of business on the specified record date. The cash distribution may appeal to income-focused investors. Docebo announces US$60 million special dividend

About Docebo

Docebo Inc develops learning management and learning technology solutions for businesses and other organizations. Its cloud-based platform is designed to help companies create, manage, deliver and measure training for employees, customers, partners and other learners.

The Docebo Learning Platform includes tools for course administration, content delivery, artificial intelligence-supported learning, reporting and analytics, and integrations with other enterprise software. The company also offers capabilities for creating and managing learning content, supporting instructor-led and virtual training, and delivering extended-enterprise education programs.

Founded in 2005 by Claudio Erba, Docebo is headquartered in Toronto, Canada, and serves organizations internationally.