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The Descartes Systems Group (TSE:DSG)
TSX:DSG
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The Descartes Systems Group (DSG) Price & Analysis

229 Followers

DSG Stock Chart & Stats

C$107.32
C$4.53(4.71%)
At close: 4:00 PM EDT
C$107.32
C$4.53(4.71%)

Bulls Say, Bears Say

Bulls Say
Recurring Revenue GrowthThe strong services mix gives Descartes a durable recurring-revenue foundation, while double-digit growth indicates continued customer adoption and expansion. A largely subscription-based model can support visibility, operating leverage, and sustained investment across logistics, compliance, and network applications.
Profitability And Cash GenerationHigh profitability and cash conversion strengthen the company’s ability to fund product development, acquisitions, and customer support internally. This creates strategic flexibility and reduces dependence on external financing while supporting resilience through changing logistics and freight conditions.
Conservative Balance SheetA debt-free balance sheet and substantial liquidity provide meaningful capacity to pursue acquisitions, invest in AI, and absorb industry volatility. The financial cushion also lowers solvency and refinancing risk, allowing management to make longer-term investments without immediate balance-sheet pressure.
Bears Say
Freight Market ExposureDescartes serves logistics-intensive customers whose activity is influenced by shipment volumes and trade flows. Prolonged freight weakness or uncertainty could reduce transaction activity, delay customer decisions, and constrain growth even though compliance and intelligence demand may partially offset the pressure.
Margin Normalization RiskThe lower baseline indicates that recent peak profitability may not persist at the same level. Margin normalization could limit earnings growth and reduce the resources available for reinvestment, particularly if operating costs rise or acquired businesses contribute below Descartes’ existing margin profile.
Regulatory ComplexityConflicting regulatory regimes can make global trade workflows more complicated for customers and increase the compliance burden across jurisdictions. Although this may create demand for Descartes’ tools, it can also slow trade activity, lengthen implementation decisions, and raise execution complexity.

The Descartes Systems Group News

DSG FAQ

What was The Descartes Systems Group’s price range in the past 12 months?
The Descartes Systems Group lowest stock price was C$85.26 and its highest was C$137.05 in the past 12 months.
    What is The Descartes Systems Group’s market cap?
    The Descartes Systems Group’s market cap is C$11.09B.
      When is The Descartes Systems Group’s upcoming earnings report date?
      The Descartes Systems Group’s upcoming earnings report date is Dec 09, 2026 which is in 47 days.
        How were The Descartes Systems Group’s earnings last quarter?
        The Descartes Systems Group released its earnings results on Sep 10, 2026. The company reported C$0.791 earnings per share for the quarter, beating the consensus estimate of C$0.769 by C$0.022.
          Is The Descartes Systems Group overvalued?
          According to Wall Street analysts The Descartes Systems Group’s price is currently Undervalued. Get more investment ideas with TipRanks Premium
            Does The Descartes Systems Group pay dividends?
            The Descartes Systems Group does not currently pay dividends.
            What is The Descartes Systems Group’s EPS estimate?
            The Descartes Systems Group’s EPS estimate is 0.83.
              How many shares outstanding does The Descartes Systems Group have?
              The Descartes Systems Group has 85,548,550 shares outstanding.
                What happened to The Descartes Systems Group’s price movement after its last earnings report?
                The Descartes Systems Group reported an EPS of C$0.791 in its last earnings report, beating expectations of C$0.769. Following the earnings report the stock price went up 6.87%.
                  Which hedge fund is a major shareholder of The Descartes Systems Group?
                  Currently, no hedge funds are holding shares in TSE:DSG
                  What is the TipRanks Smart Score and how is it calculated?
                  Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology

                    Company Description

                    The Descartes Systems Group

                    Descartes Systems Group Inc. provides cloud-hosted solutions specifically designed for managing logistics and supply chain operations. Its core mission is to enhance the productivity, overall performance, and security for businesses worldwide that operate with intensive logistics demands. The company's proprietary Logistics Technology platform offers a versatile collection of modular, cloud-based, and interoperable web and mobile applications for logistics oversight. This platform effectively connects a diverse community of logistics-focused stakeholders, enabling them to conduct business transactions effortlessly. Descartes' extensive suite of offerings includes tools for route optimization, mobile operations, and telematics; comprehensive transportation management and e-commerce integration; services for customs and regulatory compliance; global trade data insights; worldwide logistics network connectivity; and specialized enterprise systems for brokers and freight forwarders. Leveraging its flexible Software-as-a-Service (SaaS) and data-driven solutions, customers gain the ability to efficiently plan, schedule, monitor, and evaluate their delivery resources; orchestrate and execute shipments; process, audit, and settle transportation invoices; access and analyze global trade information; research and calculate trade tariffs and duties; file customs and security documentation for imports and exports; and manage a wide array of other logistics processes. Additionally, Descartes supplies cloud-based e-commerce warehouse management solutions, alongside a full range of consulting, implementation, and training services, as well as ongoing maintenance and support. The company primarily serves transportation and logistics service providers, distribution-intensive enterprises, manufacturers, retailers, distributors, and mobile business service providers. Founded in 1981, Descartes Systems Group Inc. is headquartered in Waterloo, Canada.

                    The Descartes Systems Group (DSG) Earnings & Revenues

                    DSG Earnings Call

                    Q2 2026
                    0:00 / 0:00
                    Earnings Call Sentiment|Positive
                    The call was strongly positive overall. Descartes reported record revenue, profitability, margins, and operating cash flow, accelerating organic services growth, market-share gains, higher MacroPoint tracking adoption, continued M&A activity, and significant AI investment opportunities. Management also highlighted substantial macro challenges, including lower freight volumes, geopolitical disruption, tariff uncertainty, trucking pressure, and regulatory complexity, but stated that the business was performing well despite the down freight market.View all TSE:DSG earnings summaries

                    DSG Stock 12 Month Forecast

                    Average Price Target

                    C$145.08
                    ▲(35.18% Upside)
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<span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 7,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 4, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":123.87,"date":1761955200000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 6,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 5, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":114.71,"date":1764547200000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n           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13,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 4, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":92.14,"date":1772323200000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 17,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 2, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":98.46,"date":1775001600000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 16,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 1, \t&nbsp;</span>\n    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