As Descartes Systems Group prepares to release its earnings report, investors are keenly watching for signs of growth in a competitive software landscape.
Descartes Systems Group Inc (DSG.TO) is set to announce its Q2 earnings on September 10, 2026, after the market closes. Analysts expect earnings per share (EPS) of $0.74, a notable increase from $0.48 last year. This report is crucial, especially after a series of missed estimates in previous quarters, which has raised concerns about the company's growth amid changing market conditions.
Recent earnings trend
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Descartes Systems Group Inc
DSG.TO
DSG.TO
Descartes Systems Group Inc
WealthAwesomeMarket cap
$9.35B
P/E
39.0x
52W high
$149.60
52W low
$85.26
1W change
-2.15%
Beta
0.20
Analyst Price Targets
Based on analyst covering DSG
Wall Street analysts forecast DSG stock price to rise 18.1% over the next 12 months.
Consensus
BullishBased on avg. target vs last close (formal rating unavailable for Canadian listings)
Avg. Target
C$128.89
+18.1% Upside
Current Price
C$109.13
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
39.2%
Annualized
90-Day Vol
43.4%
Annualized
Trend (90d)
+23.4%
Annualized drift
90d Mean
C$118.65
Expected price
| Horizon | Expected | 68% Range (1σ) |
|---|---|---|
| 30 trading days | C$112.22 | C$98.01 – C$128.48 |
| 60 trading days | C$115.39 | C$95.29 – C$139.73 |
| 90 trading days | C$118.65 | C$93.86 – C$150.00 |
Methodology: Range is calculated using 30-day realized volatility via geometric Brownian motion (log-normal model). 68% band = ±1σ, 95% band = ±2σ. This is a statistical model, not a prediction. Past volatility does not guarantee future results. Not financial advice.
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Analyst coverage: 4 analyst(s) cover this name; upcoming EPS consensus is available.
| Fiscal period | Report date | Actual EPS | Estimate | Surprise |
|---|---|---|---|---|
| 2026-07-31 | 2026-09-10 | — | 0.7400 | — |
| 2026-04-30 | 2026-06-03 | 0.5600 | 0.6300 | -11.1% |
| 2026-01-31 | 2026-03-11 | 0.5300 | 0.5600 | -5.4% |
| 2025-10-31 | 2025-12-03 | 0.5100 | 0.6100 | -16.4% |
| 2025-07-31 | 2025-09-03 | 0.4800 | 0.5200 | -7.7% |
| 2025-04-30 | 2025-06-04 | 0.4400 | 0.6000 | -26.7% |
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Investor takeaway: With a track record of underperforming against earnings estimates, Descartes needs to show strong organic growth and better margins to reassure investors and analysts. The market is looking for signs that the company can effectively use its recent acquisitions and improve its software offerings in the logistics sector.
EPS Estimate: $0.74 - A Critical Test for Growth
Analysts predict a significant EPS growth of 39.4% year-over-year, but given the company's history of missing expectations, the pressure is on Descartes to deliver.
Bull case
If Descartes can make the most of its recent acquisition of Extensiv, which boosts its logistics and fulfillment capabilities, it may not only meet but exceed expectations. Analysts are hopeful about a 10.3% revenue growth forecast, which could strengthen confidence in the stock.
Bear case
On the flip side, if Descartes fails to show meaningful improvement in its EPS, especially considering its recent history, investor sentiment could take a hit. Concerns may also arise about the company’s reliance on acquisitions and the associated risks of integration and execution in a competitive market.
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