Descartes Systems Group Inc sees slight gains amid a mixed week of performance.
This week, Descartes Systems Group Inc (DSG.TO) experienced a modest uptick of 1.00% on Tuesday, closing at C$100.94. However, the stock has seen a slight decline of 0.78% over the past week, reflecting a challenging broader market environment for technology stocks.
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Descartes Systems Group Inc
DSG.TO
DSG.TO
Descartes Systems Group Inc
WealthAwesomeMarket cap
$8.74B
P/E
35.7x
52W high
$150.74
52W low
$85.26
1W change
-0.78%
Beta
0.19
Analyst Price Targets
Based on analyst covering DSG
Wall Street analysts forecast DSG stock price to rise 28.7% over the next 12 months.
Consensus
BullishBased on avg. target vs last close (formal rating unavailable for Canadian listings)
Avg. Target
C$132.55
+28.7% Upside
Current Price
C$103.00
Last close
Analyst ratings and price targets are updated periodically. Not financial advice.
Wealth Awesome Price Forecast
WA ModelStatistical 90-day price range based on DSG's historical volatility
30-Day Vol
47.6%
Annualized
90-Day Vol
41.3%
Annualized
Trend (90d)
-3.8%
Annualized drift
90d Mean
C$101.62
Expected price
| Horizon | Expected | 68% Range (1ฯ) |
|---|---|---|
| 30 trading days | C$102.54 | C$87.00 โ C$120.86 |
| 60 trading days | C$102.08 | C$80.91 โ C$128.79 |
| 90 trading days | C$101.62 | C$76.44 โ C$135.09 |
Methodology: Range is calculated using 30-day realized volatility via geometric Brownian motion (log-normal model). 68% band = ยฑ1ฯ, 95% band = ยฑ2ฯ. This is a statistical model, not a prediction. Past volatility does not guarantee future results. Not financial advice.
Investor takeaway: Despite the recent fluctuations, Descartes continues to attract interest from analysts, who maintain a bullish outlook and see significant room for growth based on current targets. Investors should consider the company's recent developments and overall market conditions when evaluating their positions.
C$100.94
The stock closed at C$100.94, reflecting a 1.00% increase on Tuesday but a 0.78% decline over the past week.
Bull case
The recent acquisition of last-mile technology is expected to enhance Descartes' service offerings, which could lead to increased market share and revenue growth. Analysts are optimistic, suggesting that the stock has considerable upside potential.
Bear case
On the downside, the stock's year-to-date performance shows a decline of nearly 12%. Additionally, the current trading volume is below the 20-day average, indicating a lack of investor enthusiasm in the short term.
Recent Performance
Descartes Systems Group Inc (DSG.TO) closed at C$100.94 on Tuesday, marking a 1.00% increase for the day. However, the stock has faced challenges this week, declining by 0.78% overall. Over the past month, it has shown a slight gain of 0.96%, but year-to-date, the stock is down 11.94%. This mixed performance reflects broader trends in the technology sector.
Catalyst: Last-Mile Technology Acquisition
On July 6, 2026, Descartes announced the addition of last-mile technology through a new acquisition. This strategic move is expected to enhance their logistics and supply chain solutions, potentially improving their competitive position in the market. Analysts view this development positively, which may contribute to future revenue growth and increased market share.
Technical Picture
From a technical standpoint, Descartes is currently trading above its 50-day moving average of C$99.71 by 1.2%, suggesting some short-term strength. However, it is trading below its 200-day moving average of C$108.72, indicating longer-term challenges. The stock's 52-week range is between C$85.26 and C$150.74, with the current price sitting at approximately 24% of that range. The stock has a low beta of 0.19, indicating lower volatility compared to the broader market. Recent trading volume has been 261,869 shares, which is 0.73 times the 20-day average volume of 304,448 shares.
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