DESCARTES SYSTEMS GRP/THE (DSG.CA) Forecast, Price Target & Analyst Ratings

TSX:DSG • CA2499061083

93.03 CAD
-2.29 (-2.4%)
Last: Mar 4, 2026, 07:00 PM

View the latest analyst price targets, stock forecast, EPS estimates, revenue projections, revisions, full estimates, rating distribution and upgrades/downgrades for DESCARTES SYSTEMS GRP/THE (DSG.CA).

Forecast Snapshot

Consensus Price Target

Price Target
CA$137.70
+ 48.02% Upside

Next Earnings Forecast

Earnings Estimate
Release DateMar 11, 2026
PeriodQ4 / 2026
EPS Estimate$0.49
Revenue Estimate190.41M

ChartMill Buy Consensus

Rating
77.78%
Weighted Analyst Rating Score

Price Target Details & History

Consensus Price Target and Range

Mean target
CA$137.70
Upside
+ 48.02%
From current price of CA$93.03 to mean target of CA$137.70, Based on 9 analyst forecasts
Low
CA$136.35
Median
CA$137.70
High
CA$141.75

Price Target Revisions

1 Month
0.00%
3 Months
0.00%

Price Target Summary

9 analysts have analysed DSG.CA and the average price target is 137.7 CAD. This implies a price increase of 48.02% is expected in the next year compared to the current price of 93.03.
→ Find peer stocks trading 30% below analyst price target

Analyst Ratings & History

Current Analyst Ratings

DSG Current Analyst RatingDSG Current Analyst Buy, Sell and Hold Ratings.Current Analyst Rating Strong Buy Buy Hold Sell Strong Sell 1 2 3 4 5

Analyst Ratings History

DSG Historical Analyst RatingsDSG Historical Analyst Buy, Sell and Hold Ratings and number of analysts.Historical Monthly Analyst Rating -19 -17 -15 -13 -11 -9 -7 -5 -3 -1 2 4 6 8 10

Analyst Ratings Consensus

ChartMill Buy Consensus
77.78%
DSG.CA was analyzed by 9 analysts. The buy percentage consensus is at 78. So analysts seem to be have mildly positive about DSG.CA.
In the previous month the buy percentage consensus was at a similar level.
DSG.CA was analyzed by 9 analysts. More opinions would make the average more meaningful.
→ Find peer stocks with a buy consensus above 85%

Recent Upgrades & Downgrades

DateFirmActionFrom → To
2022-12-08Morningstar Inc.Maintains Hold
2022-12-08BMO FinancialUpgrade Hold
2022-12-08TD ResearchMaintains Buy
2022-12-08STA ResearchMaintains Hold
2022-12-08BarclaysDowngrade Sell
2022-12-06TD ResearchMaintains Buy
2022-10-18BarclaysDowngrade Sell
2022-09-08Morningstar Inc.Upgrade Hold
2022-09-08Canaccord CapitalUpgrade Buy
2022-09-08TD ResearchUpgrade Buy
2022-09-08STA ResearchMaintains Hold
2022-06-27CIBC Capital MarketsDowngrade Sector Perform
2022-06-27STA ResearchMaintains Hold
2022-06-03TD ResearchDowngrade Buy
2022-06-02BMO FinancialInitiate Market Perform
2022-06-02Canaccord CapitalInitiate Buy
2022-06-02MorningstarInitiate Hold
2022-05-27National Bank of Canada FinancialInitiate Buy
2022-03-03Aegis Capital MarketsUpgrade Outperform
2022-03-03Raymond James CapitalInitiate Market Perform
2022-03-03CIBC Capital MarketsMaintains Outperform
2022-03-03Scotiabank CapitalUpgrade Outperform
2022-03-03MorningstarMaintains Sell
2022-03-01Scotiabank CapitalMaintains Outperform
2022-01-06MorningstarMaintains Hold

Next Earnings Forecast Details

Next Earnings Details

Release DateMar 11, 2026
PeriodQ4 / 2026
EPS Estimate$0.49
Revenue Estimate190.41M
Revenue Q2Q13.68%
EPS Q2Q14.62%
Number of Analysts10

Next Earnings Revisions

Revenue (1 Month)
-0.05%
Revenue (3 Months)
0.61%
EPS (1 Month)
1.67%
EPS (3 Months)
3.10%

Next Earnings Summary

DSG.CA is expected to report earnings on 3/11/2026. The consensus EPS estimate for the next earnings is 0.49 CAD and the consensus revenue estimate is 190.41M CAD.
The next earnings revenue estimate has been revised upward by 0.61% in the past 3 months.
→ Find peers expecting at least 20% revenue growth next quarter

Full Analyst Estimates

Yearly Earnings Per Share (EPS), Revenue, EBIT, EBITDA and Operating Margin Analyst Estimates

2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034
Revenue
YoY % growth
DSG.CA revenue by date.DSG.CA revenue by date.
486.014M
14.44%
572.931M
17.88%
651M
13.63%
731.78M
12.41%
810.84M
10.80%
899.78M
10.97%
989.37M
9.96%
1.091B
10.27%
1.2B
9.99%
1.318B
9.83%
1.443B
9.48%
1.578B
9.36%
EBITDA
YoY % growth
DSG.CA ebitda by date.DSG.CA ebitda by date.
197.173M
18.26%
209.539M
6.27%
251.071M
19.82%
329.59M
31.27%
374.05M
13.49%
424.46M
13.48%
475.39M
12.00%
532.93M
12.10%
597.11M
12.04%
667.41M
11.77%
740.53M
10.96%
825.17M
11.43%
EBIT
YoY % growth
DSG.CA ebit by date.DSG.CA ebit by date.
131.771M
28.55%
143.564M
8.95%
176.083M
22.65%
220.19M
25.05%
264.45M
20.10%
312.01M
17.98%
368.54M
18.12%
428.2M
16.19%
494.5M
15.48%
561.26M
13.50%
632.26M
12.65%
715.48M
13.16%
Operating Margin
DSG.CA operating margin by date.DSG.CA operating margin by date.
27.11%25.06%27.05%30.09%32.61%34.68%37.25%39.25%41.21%42.58%43.82%45.34%
EPS
YoY % growth
DSG.CA eps by date.DSG.CA eps by date.
1.19
19.00%
1.34
12.61%
1.65
23.13%
1.88
13.72%
2.23
18.77%
2.68
20.42%
3.94
46.77%
4.43
12.56%
4.97
12.07%
5.57
11.99%
6.18
11.07%
6.90
11.60%

All data in USD

Quarterly Earnings Per Share (EPS), Revenue, EBIT and EBITDA Analyst Estimates

Q4 / 26 Q1 / 27 Q2 / 27 Q3 / 27 Q4 / 27 Q1 / 28 Q2 / 28 Q3 / 28 Q4 / 28
EPS
Q2Q % growth
0.49
14.62%
0.51
23.17%
0.54
25.66%
0.58
16.15%
0.60
22.27%
0.59
16.00%
0.63
15.89%
0.66
14.20%
0.69
13.97%
Revenue
Q2Q % growth
190.41M
13.68%
189.54M
12.33%
199.37M
10.88%
207.69M
10.65%
212.59M
11.65%
210.33M
10.97%
221.4M
11.05%
228.69M
10.11%
234.75M
10.42%
EBITDA
Q2Q % growth
86.385M
-26.81%
87.006M
33.72%
91.79M
-3.96%
96.808M
-23.66%
99.255M
14.90%
97.314M
11.85%
103.17M
12.40%
108.27M
11.84%
109.79M
10.61%
EBIT
Q2Q % growth
58.913M
36.87%
60.364M
35.64%
64.505M
21.69%
69.252M
11.56%
70.7M
20.01%
69.589M
15.28%
74.639M
15.71%
78.982M
14.05%
79.992M
13.14%

All data in USD

Yearly Earnings Per Share (EPS) and Revenue Trends vs Historical Data

DSG.CA Yearly Revenue VS EstimatesDSG.CA Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2017 2019 2021 2023 2025 2027 2029 2031 2033 500M 1B 1.5B
DSG.CA Yearly EPS VS EstimatesDSG.CA Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2017 2019 2021 2023 2025 2027 2029 2031 2033 2 4 6

Long Term Forward Growth Forecast Summary

Long Term EPS Growth (CAGR)

EPS Next 3 Year
17.60%
EPS Next 5 Year
21.86%

Long Term Revenue Growth (CAGR)

Revenue Next 3 Year
10.86%
Revenue Next 5 Year
10.56%

Long Term EBIT Growth (CAGR)

EBIT Next 3 Year
31.10%
EBIT Next 5 Year
23.12%
→ Find peers expecting at least 20% CAGR revenue growth over the next 3 years

DESCARTES SYSTEMS GRP/THE / DSG.CA Forecast FAQ

What is the price target for DSG stock?

9 analysts have analysed DSG.CA and the average price target is 137.7 CAD. This implies a price increase of 48.02% is expected in the next year compared to the current price of 93.03.


What is the next earnings date for DSG stock?

DESCARTES SYSTEMS GRP/THE (DSG.CA) will report earnings on 2026-03-11, after the market close.


What are the consensus estimates for DESCARTES SYSTEMS GRP/THE (DSG.CA) next earnings?

The consensus EPS estimate for the next earnings of DESCARTES SYSTEMS GRP/THE (DSG.CA) is 0.49 CAD and the consensus revenue estimate is 190.41M CAD.


What is the number of analysts for DSG stock?

The number of analysts covering DESCARTES SYSTEMS GRP/THE (DSG.CA) is 9.