Equities Analysts Issue Forecasts for DSGX Q2 Earnings

The Descartes Systems Group Inc. (NASDAQ:DSGX) (TSE:DSG) – Analysts at William Blair lowered their Q2 2026 earnings per share estimates for The Descartes Systems Group in a note issued to investors on Thursday, March 6th. William Blair analyst D. Becker now forecasts that the technology company will post earnings per share of $0.51 for the quarter, down from their previous forecast of $0.52. The consensus estimate for The Descartes Systems Group’s current full-year earnings is $1.64 per share. William Blair also issued estimates for The Descartes Systems Group’s FY2026 earnings at $2.06 EPS, Q1 2027 earnings at $0.54 EPS, Q2 2027 earnings at $0.57 EPS, Q3 2027 earnings at $0.60 EPS and Q4 2027 earnings at $0.61 EPS.

The Descartes Systems Group (NASDAQ:DSGX) (TSE:DSG) last posted its earnings results on Wednesday, March 5th. The technology company reported $0.43 EPS for the quarter, hitting analysts’ consensus estimates of $0.43. The company had revenue of $167.50 million for the quarter, compared to the consensus estimate of $169.97 million. The Descartes Systems Group had a return on equity of 10.65% and a net margin of 21.80%.

Several other analysts have also weighed in on DSGX. Loop Capital began coverage on shares of The Descartes Systems Group in a research note on Tuesday, December 17th. They set a “buy” rating and a $140.00 target price for the company. BMO Capital Markets dropped their price target on shares of The Descartes Systems Group from $120.00 to $113.00 and set a “market perform” rating on the stock in a research report on Thursday, March 6th. Stephens cut their price objective on The Descartes Systems Group from $145.00 to $137.00 and set an “overweight” rating on the stock in a report on Thursday, March 6th. Royal Bank of Canada lowered their price objective on shares of The Descartes Systems Group from $133.00 to $130.00 and set an “outperform” rating on the stock in a research report on Thursday, March 6th. Finally, CIBC cut their target price on shares of The Descartes Systems Group from $128.00 to $127.00 and set an “outperform” rating for the company in a research report on Thursday, March 6th. Five equities research analysts have rated the stock with a hold rating, nine have issued a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, The Descartes Systems Group currently has a consensus rating of “Moderate Buy” and a consensus target price of $120.33.

The Descartes Systems Group Price Performance

Shares of NASDAQ DSGX opened at $97.92 on Monday. The Descartes Systems Group has a 1-year low of $87.20 and a 1-year high of $124.31. The company has a market capitalization of $8.38 billion, a price-to-earnings ratio of 61.58 and a beta of 0.99. The business has a 50-day moving average of $113.94 and a 200-day moving average of $110.22.

Hedge Funds Weigh In On The Descartes Systems Group

Several institutional investors have recently modified their holdings of DSGX. Mather Group LLC. grew its holdings in shares of The Descartes Systems Group by 301.7% during the fourth quarter. Mather Group LLC. now owns 241 shares of the technology company’s stock worth $27,000 after purchasing an additional 181 shares in the last quarter. GeoWealth Management LLC boosted its holdings in The Descartes Systems Group by 63.2% in the fourth quarter. GeoWealth Management LLC now owns 341 shares of the technology company’s stock worth $39,000 after acquiring an additional 132 shares in the last quarter. SBI Securities Co. Ltd. bought a new position in The Descartes Systems Group in the 4th quarter valued at approximately $43,000. Trust Co. of Vermont purchased a new position in shares of The Descartes Systems Group during the fourth quarter valued at approximately $54,000. Finally, Mitsubishi UFJ Trust & Banking Corp purchased a new stake in shares of The Descartes Systems Group during the 4th quarter valued at about $57,000. 77.73% of the stock is owned by 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.