William Blair Brokers Lower Earnings Estimates for The Descartes Systems Group Inc. (NASDAQ:DSGX)

The Descartes Systems Group Inc. (NASDAQ:DSGX) (TSE:DSG) – Equities research analysts at William Blair reduced their Q1 2026 earnings per share estimates for shares of The Descartes Systems Group in a report issued on Thursday, September 5th. William Blair analyst D. Becker now expects that the technology company will post earnings of $0.48 per share for the quarter, down from their prior estimate of $0.49. The consensus estimate for The Descartes Systems Group’s current full-year earnings is $1.70 per share. William Blair also issued estimates for The Descartes Systems Group’s Q2 2026 earnings at $0.53 EPS, Q3 2026 earnings at $0.53 EPS, Q4 2026 earnings at $0.55 EPS and FY2026 earnings at $2.08 EPS.

Several other analysts also recently issued reports on DSGX. Raymond James raised their price objective on shares of The Descartes Systems Group from $94.00 to $96.00 and gave the stock a “market perform” rating in a research note on Friday, May 31st. TD Securities raised their price target on The Descartes Systems Group from $110.00 to $115.00 and gave the stock a “buy” rating in a research note on Thursday, May 30th. Redburn Atlantic started coverage on The Descartes Systems Group in a research report on Tuesday, May 14th. They issued a “neutral” rating and a $90.00 price objective on the stock. Canaccord Genuity Group set a $108.00 target price on The Descartes Systems Group and gave the stock a “buy” rating in a research note on Thursday. Finally, Royal Bank of Canada reissued an “outperform” rating and set a $115.00 target price on shares of The Descartes Systems Group in a research note on Thursday. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and eight have given a buy rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $103.00.

The Descartes Systems Group Trading Down 0.7 %

The Descartes Systems Group stock opened at $94.62 on Monday. The Descartes Systems Group has a 12-month low of $69.59 and a 12-month high of $104.71. The firm has a 50-day moving average price of $99.05 and a 200-day moving average price of $95.16. The firm has a market capitalization of $8.08 billion, a PE ratio of 67.59 and a beta of 0.98.

The Descartes Systems Group (NASDAQ:DSGX) (TSE:DSG) last posted its quarterly earnings data on Wednesday, September 4th. The technology company reported $0.40 EPS for the quarter, missing the consensus estimate of $0.43 by ($0.03). The Descartes Systems Group had a return on equity of 9.96% and a net margin of 20.62%. The firm had revenue of $163.43 million for the quarter, compared to analysts’ expectations of $160.17 million. During the same period in the previous year, the firm earned $0.32 earnings per share. The firm’s quarterly revenue was up 14.0% compared to the same quarter last year.

Institutional Investors Weigh In On The Descartes Systems Group

Several large investors have recently modified their holdings of the business. Norges Bank bought a new position in shares of The Descartes Systems Group in the 4th quarter worth $92,571,000. Westfield Capital Management Co. LP bought a new position in The Descartes Systems Group in the first quarter worth about $47,481,000. Clearbridge Investments LLC purchased a new stake in shares of The Descartes Systems Group during the fourth quarter valued at about $36,767,000. Price T Rowe Associates Inc. MD boosted its holdings in shares of The Descartes Systems Group by 3.8% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 7,602,572 shares of the technology company’s stock valued at $695,864,000 after buying an additional 278,796 shares in the last quarter. Finally, Riverbridge Partners LLC grew its position in shares of The Descartes Systems Group by 36.6% in the 1st quarter. Riverbridge Partners LLC now owns 976,613 shares of the technology company’s stock worth $89,389,000 after buying an additional 261,688 shares during the last quarter. Institutional investors own 77.73% of the company’s stock.

About The Descartes Systems Group

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.