DSGX Q2 EPS Estimate Decreased by National Bank Financial

The Descartes Systems Group Inc. (NASDAQ:DSGX) (TSE:DSG) – Stock analysts at National Bank Financial reduced their Q2 2026 earnings per share (EPS) estimates for shares of The Descartes Systems Group in a research report issued on Thursday, June 5th. National Bank Financial analyst J. Shao now expects that the technology company will earn $0.42 per share for the quarter, down from their prior forecast of $0.49. The consensus estimate for The Descartes Systems Group’s current full-year earnings is $1.64 per share. National Bank Financial also issued estimates for The Descartes Systems Group’s Q3 2026 earnings at $0.47 EPS and Q4 2026 earnings at $0.49 EPS.

Several other analysts also recently issued reports on DSGX. Barclays lowered their price target on The Descartes Systems Group from $118.00 to $108.00 and set an “equal weight” rating for the company in a report on Thursday, June 5th. CIBC lowered their price target on The Descartes Systems Group from $128.00 to $127.00 and set an “outperform” rating for the company in a report on Thursday, March 6th. Scotiabank increased their price target on The Descartes Systems Group from $125.00 to $127.00 and gave the company a “sector outperform” rating in a report on Wednesday, March 26th. Royal Bank of Canada lowered their price target on The Descartes Systems Group from $130.00 to $126.00 and set an “outperform” rating for the company in a report on Thursday, June 5th. Finally, BMO Capital Markets lowered their price target on The Descartes Systems Group from $120.00 to $113.00 and set a “market perform” rating for the company in a report on Thursday, March 6th. Three research analysts have rated the stock with a hold rating, eight have issued a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, The Descartes Systems Group presently has a consensus rating of “Moderate Buy” and an average price target of $123.40.

The Descartes Systems Group Stock Down 0.3%

DSGX stock opened at $100.14 on Monday. The company has a market cap of $8.57 billion, a price-to-earnings ratio of 62.98 and a beta of 0.87. The business has a fifty day simple moving average of $106.87 and a 200-day simple moving average of $110.44. The Descartes Systems Group has a 52 week low of $90.61 and a 52 week high of $124.31.

The Descartes Systems Group (NASDAQ:DSGX) (TSE:DSG) last released its quarterly earnings data on Wednesday, June 4th. The technology company reported $0.41 EPS for the quarter, missing analysts’ consensus estimates of $0.46 by ($0.05). The firm had revenue of $168.74 million for the quarter, compared to analyst estimates of $169.60 million. The Descartes Systems Group had a return on equity of 10.65% and a net margin of 21.80%. The company’s quarterly revenue was up 11.5% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.40 earnings per share.

Hedge Funds Weigh In On The Descartes Systems Group

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Price T Rowe Associates Inc. MD boosted its position in The Descartes Systems Group by 15.1% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 7,134,467 shares of the technology company’s stock valued at $719,370,000 after buying an additional 936,718 shares during the last quarter. Mackenzie Financial Corp grew its stake in The Descartes Systems Group by 130.4% in the fourth quarter. Mackenzie Financial Corp now owns 4,947,789 shares of the technology company’s stock worth $561,827,000 after purchasing an additional 2,800,492 shares in the last quarter. Vanguard Group Inc. grew its stake in The Descartes Systems Group by 1.4% in the first quarter. Vanguard Group Inc. now owns 3,345,692 shares of the technology company’s stock worth $336,814,000 after purchasing an additional 46,369 shares in the last quarter. Fiera Capital Corp grew its stake in The Descartes Systems Group by 8.0% in the first quarter. Fiera Capital Corp now owns 2,745,848 shares of the technology company’s stock worth $276,705,000 after purchasing an additional 202,973 shares in the last quarter. Finally, T. Rowe Price Investment Management Inc. grew its stake in The Descartes Systems Group by 10.2% in the first quarter. T. Rowe Price Investment Management Inc. now owns 1,947,947 shares of the technology company’s stock worth $196,412,000 after purchasing an additional 181,086 shares in the last quarter. 77.73% of the stock is owned by hedge funds and other institutional investors.

The Descartes Systems Group Company Profile

The Descartes Systems Group Inc provides cloud-based logistics and supply chain management solutions worldwide. Its Logistics Technology platform offers a range of modular, interoperable web and wireless logistics management solutions. The company provides a suite of solutions that include routing, mobile, and telematics; transportation management; ecommerce, shipping, and fulfillment; customs and regulatory compliance; global trade intelligence; broker and forwarder enterprise systems; and B2B messaging and connectivity services.