
Docebo (DCBO) Stock Forecast & Price Target
Docebo (DCBO) Analyst Ratings
Bulls say
Docebo Inc. is anticipated to continue its strong SaaS growth, projected at around 20%, as it captures a larger share of enterprise customers, which typically yield better economic outcomes compared to small and medium-sized businesses. The company is also expected to benefit from robust secular demand for Learning Management Systems (LMS), with preliminary fourth-quarter results indicating a revenue forecast of $62.7 million to $63.0 million, reflecting a year-over-year increase of 10% to 11%. Furthermore, the increase in annual recurring revenue (ARR), reported at an additional $10 million quarter-over-quarter compared to estimates of $6.5 million, suggests significant business performance enhancements, positioning Docebo for sustained growth and margin expansion in the coming years.
Bears say
The financial outlook for Docebo Inc. appears negative due to anticipated short-term pressures on profitability stemming from recent asset digestion and a lack of expected mergers and acquisitions. The company's FY25 Annual Recurring Revenue (ARR) forecast of $238.1 million is slightly below consensus expectations, indicating only an 8% year-over-year growth, which may not suffice to entice investors amid competitive market dynamics. Furthermore, the company's shares are trading at a significant discount relative to the peer group's median enterprise value/revenue multiple, suggesting investor skepticism regarding Docebo's valuation in light of competitive and macroeconomic challenges, coupled with higher-than-expected churn rates impacting expected revenue.
This aggregate rating is based on analysts' research of Docebo and is not a guaranteed prediction by Public.com or investment advice.
Docebo (DCBO) Analyst Forecast & Price Prediction
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