Across the recent three months, 8 analysts have shared their insights on Descartes Systems Group (NASDAQ:DSGX), expressing a variety of opinions spanning from bullish to bearish.
The table below offers a condensed view of their recent ratings, showcasing the changing sentiments over the past 30 days and comparing them to the preceding months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 0 | 4 | 4 | 0 | 0 |
| Last 30D | 0 | 1 | 0 | 0 | 0 |
| 1M Ago | 0 | 1 | 0 | 0 | 0 |
| 2M Ago | 0 | 0 | 1 | 0 | 0 |
| 3M Ago | 0 | 2 | 3 | 0 | 0 |
Analysts have set 12-month price targets for Descartes Systems Group, revealing an average target of $105.5, a high estimate of $118.00, and a low estimate of $95.00. Highlighting a 5.2% decrease, the current average has fallen from the previous average price target of $111.29.

A clear picture of Descartes Systems Group's perception among financial experts is painted with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| Kevin Krishnaratne | Scotiabank | Lowers | Sector Outperform | $95.00 | $115.00 |
| Raimo Lenschow | Barclays | Lowers | Overweight | $105.00 | $106.00 |
| Chris Quintero | Morgan Stanley | Raises | Equal-Weight | $110.00 | $100.00 |
| Kevin Krishnaratne | Scotiabank | Lowers | Sector Outperform | $115.00 | $127.00 |
| Steven Li | Raymond James | Announces | Outperform | $118.00 | - |
| Raimo Lenschow | Barclays | Lowers | Equal-Weight | $106.00 | $108.00 |
| Thanos Moschopoulos | BMO Capital | Lowers | Market Perform | $95.00 | $113.00 |
| Chris Quintero | Morgan Stanley | Lowers | Equal-Weight | $100.00 | $110.00 |
For valuable insights into Descartes Systems Group's market performance, consider these analyst evaluations alongside crucial financial indicators. Stay well-informed and make prudent decisions using our Ratings Table.
Stay up to date on Descartes Systems Group analyst ratings.
Descartes Systems Group provides a software solution that allows users in the shipping industry to communicate with one another. Its core product is the Global Logistics Network, which is best understood as transaction-driven. Descartes charges clients to send/receive messages, data, and documents on the GLN. Customers typically contract for a monthly minimum over a multiyear period. The GLN platform allows Descartes to upsell additional software modules as well, typically provided via a software-as-a-service model.
Market Capitalization Analysis: Above industry benchmarks, the company's market capitalization emphasizes a noteworthy size, indicative of a strong market presence.
Revenue Growth: Descartes Systems Group's revenue growth over a period of 3M has been noteworthy. As of 31 October, 2025, the company achieved a revenue growth rate of approximately 11.21%. This indicates a substantial increase in the company's top-line earnings. As compared to its peers, the revenue growth lags behind its industry peers. The company achieved a growth rate lower than the average among peers in Information Technology sector.
Net Margin: Descartes Systems Group's net margin excels beyond industry benchmarks, reaching 23.39%. This signifies efficient cost management and strong financial health.
Return on Equity (ROE): Descartes Systems Group's ROE surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 2.88% ROE, the company effectively utilizes shareholder equity capital.
Return on Assets (ROA): Descartes Systems Group's financial strength is reflected in its exceptional ROA, which exceeds industry averages. With a remarkable ROA of 2.45%, the company showcases efficient use of assets and strong financial health.
Debt Management: Descartes Systems Group's debt-to-equity ratio is below the industry average at 0.0, reflecting a lower dependency on debt financing and a more conservative financial approach.
Within the domain of banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their work involves attending company conference calls and meetings, researching company financial statements, and communicating with insiders to publish "analyst ratings" for stocks. Analysts typically assess and rate each stock once per quarter.
Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.
This article was generated by Benzinga's automated content engine and reviewed by an editor.