1 day Ago By ABMN Staff
Docebo ( NASDAQ:DCBO – Get Free Report ) had its target price boosted by equities researchers at CIBC from $44.00 to $52.00 in a research report issued to clients and investors on Monday, BayStreet.
CA reports. The brokerage presently has an “outperform” rating on the stock. CIBC’s target price indicates a potential upside of 20.
79% from the company’s previous close. A number of other analysts have also weighed in on the stock. Needham & Company LLC restated a “buy” rating and set a $50.
00 price objective (up from $45.00) on shares of Docebo in a research note on Thursday, September 12th. Craig Hallum started coverage on Docebo in a research report on Friday, June 7th.
They set a “buy” rating and a $58.00 price objective for the company. One equities research analyst has rated the stock with a hold rating and eleven have issued a buy rating to the stock.
Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $55.58.
Check Out Our Latest Research Report on Docebo Docebo Price Performance Docebo ( NASDAQ:DCBO – Get Free Report ) last released its quarterly earnings data on Thursday, August 8th. The company reported $0.19 EPS for the quarter, missing the consensus estimate of $0.
20 by ($0.01). Docebo had a return on equity of 29.
82% and a net margin of 8.56%. The company had revenue of $53.
05 million during the quarter, compared to analysts’ expectations of $52.30 million. Sell-side analysts forecast that Docebo will post 0.
79 EPS for the current fiscal year. Institutional Investors Weigh In On Docebo Hedge funds and other institutional investors have recently made changes to their positions in the company. Aristides Capital LLC acquired a new position in Docebo during the second quarter worth $277,000.
Point72 Asset Management L.P. purchased a new stake in Docebo in the second quarter valued at approximately $189,000.
The Manufacturers Life Insurance Company grew its holdings in shares of Docebo by 0.5% during the second quarter. The Manufacturers Life Insurance Company now owns 196,588 shares of the company’s stock worth $7,581,000 after buying an additional 1,058 shares during the last quarter.
Millennium Management LLC raised its position in Docebo by 43.0% during the 2nd quarter. Millennium Management LLC now owns 179,685 shares of the company’s stock worth $6,940,000 after buying an additional 54,057 shares during the last quarter.
Finally, Marshall Wace LLP boosted its holdings in Docebo by 196.3% in the 2nd quarter. Marshall Wace LLP now owns 142,507 shares of the company’s stock valued at $5,505,000 after purchasing an additional 94,414 shares in the last quarter.
Institutional investors and hedge funds own 53.17% of the company’s stock. About Docebo ( Get Free Report ) 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. See Also Receive News & Ratings for Docebo Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Docebo and related companies with MarketBeat.
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