William Blair Has Pessimistic Outlook of DSGX Q2 Earnings

The Descartes Systems Group Inc. (NASDAQ:DSGX) (TSE:DSG) – Investment analysts at William Blair reduced their Q2 2026 EPS estimates for The Descartes Systems Group in a research report issued to clients and investors on Thursday, March 6th. William Blair analyst D. Becker now anticipates that the technology company will post earnings per share of $0.51 for the quarter, down from their prior 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.

Other research analysts have also recently issued research reports about the stock. Barclays cut their target price on shares of The Descartes Systems Group from $125.00 to $118.00 and set an “equal weight” rating on the stock in a report on Thursday. Royal Bank of Canada cut their target price on shares of The Descartes Systems Group from $133.00 to $130.00 and set an “outperform” rating on the stock in a report on Thursday. Stephens cut their target price on shares of The Descartes Systems Group from $145.00 to $137.00 and set an “overweight” rating on the stock in a report on Thursday. Loop Capital started coverage on shares of The Descartes Systems Group in a report on Tuesday, December 17th. They issued a “buy” rating and a $140.00 target price on the stock. Finally, StockNews.com cut shares of The Descartes Systems Group from a “buy” rating to a “hold” rating in a report on Thursday, February 6th. Five equities research analysts have rated the stock with a hold rating, nine have given a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, The Descartes Systems Group presently has an average rating of “Moderate Buy” and an average price target of $120.33.

The Descartes Systems Group Price Performance

Shares of NASDAQ DSGX opened at $100.42 on Monday. The Descartes Systems Group has a one year low of $87.20 and a one year high of $124.31. The firm’s 50 day simple moving average is $114.29 and its two-hundred day simple moving average is $110.18. The stock has a market capitalization of $8.60 billion, a P/E ratio of 63.16 and a beta of 0.99.

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

Institutional Trading of The Descartes Systems Group

Several large investors have recently added to or reduced their stakes in DSGX. Mackenzie Financial Corp lifted its position in The Descartes Systems Group by 130.4% during the fourth quarter. Mackenzie Financial Corp now owns 4,947,789 shares of the technology company’s stock valued at $561,827,000 after buying an additional 2,800,492 shares during the period. Public Employees Retirement System of Ohio lifted its position in The Descartes Systems Group by 2.3% during the fourth quarter. Public Employees Retirement System of Ohio now owns 15,468 shares of the technology company’s stock valued at $1,758,000 after buying an additional 345 shares during the period. Sone Capital Management LLC purchased a new position in The Descartes Systems Group during the fourth quarter valued at $4,754,000. Squarepoint Ops LLC purchased a new position in The Descartes Systems Group during the fourth quarter valued at $712,000. Finally, Two Sigma Investments LP lifted its position in The Descartes Systems Group by 33.5% during the fourth quarter. Two Sigma Investments LP now owns 171,713 shares of the technology company’s stock valued at $19,507,000 after buying an additional 43,092 shares during the period. Institutional investors own 77.73% of the company’s stock.

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.