Docebo (DCBO) Projected to Post Quarterly Earnings on Friday

Docebo (NASDAQ:DCBO) is expected to issue its quarterly earnings data before the market opens on Friday, February 28th. Analysts expect the company to announce earnings of $0.33 per share and revenue of $56.19 million for the quarter.

Docebo Stock Performance

DCBO stock opened at $40.23 on Friday. The business’s fifty day moving average is $43.72 and its 200-day moving average is $44.74. The company has a market cap of $1.22 billion, a P/E ratio of 69.36 and a beta of 1.55. The company has a quick ratio of 1.13, a current ratio of 1.13 and a debt-to-equity ratio of 0.01. Docebo has a twelve month low of $33.81 and a twelve month high of $56.41.

Wall Street Analysts Forecast Growth

Several equities research analysts have commented on DCBO shares. Needham & Company LLC upped their target price on shares of Docebo from $50.00 to $60.00 and gave the company a “buy” rating in a research note on Friday, November 8th. Atb Cap Markets upgraded Docebo from a “hold” rating to a “strong-buy” rating in a report on Tuesday, February 4th. Craig Hallum raised their target price on shares of Docebo from $58.00 to $62.00 and gave the company a “buy” rating in a research note on Monday, November 11th. Finally, Scotiabank lifted their price objective on shares of Docebo from $50.00 to $55.00 and gave the stock a “sector outperform” rating in a research report on Thursday, October 24th. One investment analyst has rated the stock with a hold rating, ten have assigned a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, the company has an average rating of “Buy” and a consensus price target of $57.36.

Docebo Company Profile

Docebo Inc operates as a learning management software company that provides artificial intelligence (AI)-powered learning platform in North America and internationally. It offers Learning Management System (LMS) to train internal and external workforces, partners, and customers. The company's cloud platform consists of a learning suite, which includes Docebo Learn LMS, a cloud-based learning platform that allows learning administrators to deliver personalized learning; Docebo Shape, an AI-based learning content creation tool, which enables learning administrators to turn internal and external resources into engaging, multilingual, and microlearning content to share across the business; Docebo Content that allows off-the-shelf learning content by partnering content specialist; Docebo Learning Impact, a learning measurement tool that enables administrators to prove and improve training programs; Docebo Learn Data, which gives a comprehensive view on learning data to business results; Docebo Connect that connects Docebo to custom tech stack and making integrations; and Docebo Flow that allows businesses to directly inject learning into the flow of work.