Docebo Inc.

TSX:DCBO Rapport sur les actions

Capitalisation boursière : CA$784.4m

Docebo Résultats passés

Passé contrôle des critères 5/6

Docebo a connu une croissance annuelle moyenne de ses bénéfices de 67.3%, tandis que le secteur Software a vu ses bénéfices augmenter de en hausse à 21.9% par an. Les revenus ont augmenté de en hausse à un taux moyen de 23.2% par an. Le rendement des capitaux propres de Docebo est 50.6% et ses marges nettes sont de 15.5%.

Informations clés

67.33%

Taux de croissance des bénéfices

68.69%

Taux de croissance du BPA

Software Croissance de l'industrie8.18%
Taux de croissance des recettes23.17%
Rendement des fonds propres50.63%
Marge nette15.46%
Prochaine mise à jour des résultats08 May 2026

Mises à jour récentes des performances passées

Recent updates

Mise à jour de l'analyse Apr 26

DCBO: Buyback And Strong Bookings Are Expected To Reward Patience

Narrative Update: Docebo Analyst Target Shift The updated fair value estimate for Docebo edges higher to CA$36.09 from CA$35.10. This reflects analysts' recent target cuts in the CA$25 to CA$28 range, while still crediting the company with solid gross bookings and a healthier underlying business than headline metrics suggest.
Mise à jour de l'analyse Apr 07

DCBO: Buybacks And Solid Bookings Are Expected To Support Upside Repricing

Narrative update Analysts have trimmed their average price targets on Docebo, with recent cuts such as Scotiabank moving to CA$25 from CA$32, Morgan Stanley to CA$26 from CA$28, and Stifel to CA$28 from CA$34. These revisions reflect expectations for softer near-term organic subscription growth and contract headwinds, even as analysts point to solid gross bookings and a core business that appears healthier than the headline metrics suggest.
Mise à jour de l'analyse Mar 24

DCBO: Buybacks And Bookings Strength Will Support Future Upside Repricing

Analysts have reset expectations on Docebo, with several firms trimming their price targets into a CA$25 to CA$28 range. They cited softer near term organic subscription growth, headwinds from the AWS contract roll off and Dayforce churn, and a need to see more proof around execution despite recent strength in gross bookings.
Mise à jour de l'analyse Mar 08

DCBO: Buybacks And Margin Expansion Will Support Future Upside Repricing

Analysts have lowered their price targets on Docebo, and our fair value estimate has been revised from about CA$42.80 to roughly CA$35.10. This adjustment reflects expectations of softer subscription growth, contract headwinds and a lower assumed future P/E multiple, partially offset by stronger modeled profit margins.
Mise à jour de l'analyse Feb 22

DCBO: Rebased Earnings Profile And Buybacks Will Support Future Upside Repricing

Analysts have trimmed their average Docebo price target by about CA$0.34, reflecting slightly updated assumptions on discount rate, revenue growth, profit margins and future P/E multiples, while still viewing the core earnings profile as intact. Analyst Commentary Recent research updates on Docebo point to more cautious pricing assumptions, even as analysts broadly see the core business model as unchanged.
Mise à jour de l'analyse Feb 07

DCBO: Rebased Profitability Assumptions Will Support Future Upside Repricing

Analysts have trimmed their price targets on Docebo, with our fair value estimate moving from about US$46.46 to US$43.15 as they factor in slightly lower profit margin assumptions, a marginally higher discount rate, and updated P/E expectations following recent target cuts at several firms. Analyst Commentary Recent research on Docebo has centered on valuation reset rather than ratings changes, with several firms revising their price targets lower and aligning expectations with updated P/E assumptions and discount rates.
Mise à jour de l'analyse Jan 24

DCBO: Upmarket Enterprise Wins And Higher ARPU Will Drive Future Upside

Narrative Update The updated analyst price target for Docebo has moved lower to around $46.46 from about $49.45, as analysts factor in reduced Street targets, including cuts from firms that still highlight the company’s role in learning management systems and see revenue growth, margin outlook, and a lower future P/E as key parts of the risk-reward trade-off. Analyst Commentary Recent research on Docebo reflects a mix of optimism about the business model and caution around valuation and execution.
Article d'analyse Jan 15

Investors Shouldn't Overlook Docebo's (TSE:DCBO) Impressive Returns On Capital

There are a few key trends to look for if we want to identify the next multi-bagger. Firstly, we'd want to identify a...
Mise à jour de l'analyse Jan 08

DCBO: Enterprise Expansion And Higher ARPU Will Support Long-Term Upside

Analysts have adjusted their view on Docebo after a mix of recent research, including a price target cut to US$28 from US$34 and a fresh US$35 target at another firm. This has led to a small tweak in the modeled discount rate and future P/E multiple in our updated assumptions.
Mise à jour de l'analyse Dec 24

DCBO: Enterprise Expansion Will Drive Long-Term Returns Despite Near-Term Margin Pressure

Analysts have trimmed their price target on Docebo to $28 from $34, reflecting slightly lower fair value and profit margin assumptions, even as they highlight the company’s strong learning management platform, upmarket expansion, and enterprise focused growth strategy. Analyst Commentary Recent Street research presents a mixed but generally constructive view on Docebo, with targets and ratings reflecting both confidence in the company’s long term growth profile and caution around near term execution and profitability.
Mise à jour de l'analyse Dec 09

DCBO: Enterprise Focus And Upmarket Expansion Will Drive Long-Term Returns

Analysts have modestly reduced their price targets on Docebo, trimming expectations by mid single digits in dollar terms to reflect a slightly higher discount rate, while still highlighting the company’s strong competitive position, enterprise focus, and above market growth trajectory in learning management systems. Analyst Commentary Recent Street research on Docebo reflects a mix of optimism on the company’s long term growth profile and caution around near term valuation and execution risks.
Article d'analyse Nov 27

Docebo Inc.'s (TSE:DCBO) Stock Retreats 26% But Earnings Haven't Escaped The Attention Of Investors

Unfortunately for some shareholders, the Docebo Inc. ( TSE:DCBO ) share price has dived 26% in the last thirty days...
Mise à jour de l'analyse Nov 25

DCBO: Enterprise Expansion And Upmarket Momentum Will Drive Future Returns

Analysts have recently lowered their average price target for Docebo, citing adjustments to profit margin expectations and valuation multiples. Figures have shifted from $34 to a range between $28 and $37 per share, reflecting evolving views on revenue growth and sector performance.
Mise à jour de l'analyse Nov 11

DCBO: Enterprise Expansion And Improving Margins Will Drive Future Gains

Analysts have lowered their average price target for Docebo from $55.02 to $49.81. They cite cautious outlooks on growth rates and valuation multiples, despite continued optimism about the company’s profit margins and enterprise expansion strategy.
Mise à jour de l'analyse Sep 04

AI Adoption And FedRAMP Certification Will Widen Market Opportunities

Despite an unchanged analyst price target for Docebo, the sharp rise in its future P/E ratio suggests heightened growth expectations are being offset by valuation concerns, resulting in no adjustment to its fair value at CA$55.02. What's in the News Docebo provided earnings guidance for Q3 2025, expecting total revenue between $61.0 million and $61.2 million.
Article d'analyse Jul 19

Here's Why We Think Docebo (TSE:DCBO) Might Deserve Your Attention Today

For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...
Article d'analyse Apr 29

An Intrinsic Calculation For Docebo Inc. (TSE:DCBO) Suggests It's 44% Undervalued

Key Insights Using the 2 Stage Free Cash Flow to Equity, Docebo fair value estimate is CA$78.13 Docebo's CA$43.74 share...
Article d'analyse Mar 08

Some Docebo Inc. (TSE:DCBO) Shareholders Look For Exit As Shares Take 27% Pounding

To the annoyance of some shareholders, Docebo Inc. ( TSE:DCBO ) shares are down a considerable 27% in the last month...
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Nouvelle analyse Feb 06

Partnerships With Accenture And Deloitte Will Expand Global Market Presence

Strategic international expansion and partnerships, particularly in Europe, highlight potential revenue growth by diversifying geographic and market strategies.
Article d'analyse Jan 13

Is There Now An Opportunity In Docebo Inc. (TSE:DCBO)?

Docebo Inc. ( TSE:DCBO ), might not be a large cap stock, but it saw significant share price movement during recent...
Article d'analyse Dec 16

Docebo Inc. (TSE:DCBO) Investors Are Less Pessimistic Than Expected

Docebo Inc.'s ( TSE:DCBO ) price-to-sales (or "P/S") ratio of 7.3x may look like a poor investment opportunity when you...
Article d'analyse Nov 05

Investors Should Be Encouraged By Docebo's (TSE:DCBO) Returns On Capital

If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...
Article d'analyse Apr 30

What Does Docebo Inc.'s (TSE:DCBO) Share Price Indicate?

Docebo Inc. ( TSE:DCBO ), is not the largest company out there, but it saw a decent share price growth of 12% on the...
Article d'analyse Apr 15

Docebo (TSE:DCBO) Is Looking To Continue Growing Its Returns On Capital

If you're looking for a multi-bagger, there's a few things to keep an eye out for. Firstly, we'll want to see a proven...
Article d'analyse Mar 12

Calculating The Intrinsic Value Of Docebo Inc. (TSE:DCBO)

Key Insights The projected fair value for Docebo is CA$66.09 based on 2 Stage Free Cash Flow to Equity Docebo's...
Article d'analyse Feb 26

Docebo Inc.'s (TSE:DCBO) Price In Tune With Revenues

Docebo Inc.'s ( TSE:DCBO ) price-to-sales (or "P/S") ratio of 9x might make it look like a strong sell right now...
Article d'analyse Dec 04

Returns On Capital Are Showing Encouraging Signs At Docebo (TSE:DCBO)

What are the early trends we should look for to identify a stock that could multiply in value over the long term...
Article d'analyse Nov 04

An Intrinsic Calculation For Docebo Inc. (TSE:DCBO) Suggests It's 37% Undervalued

Key Insights Using the 2 Stage Free Cash Flow to Equity, Docebo fair value estimate is CA$94.71 Docebo's CA$59.50 share...
Article d'analyse Oct 01

Getting In Cheap On Docebo Inc. (TSE:DCBO) Might Be Difficult

When close to half the companies in the Software industry in Canada have price-to-sales ratios (or "P/S") below 3.1x...

Ventilation des recettes et des dépenses

Comment Docebo gagne et dépense de l'argent. Sur la base des derniers bénéfices déclarés, sur une base LTM.


Historique des gains et des recettes

TSX:DCBO Recettes, dépenses et bénéfices (USD Millions )
DateRecettesLes revenusDépenses G+ADépenses de R&D
31 Dec 252433811250
30 Sep 252372311249
30 Jun 252312111550
31 Mar 252232311248
31 Dec 242172710845
30 Sep 242091810742
30 Jun 242001710841
31 Mar 24191710739
31 Dec 23181310636
30 Sep 23171110434
30 Jun 2316179928
31 Mar 23152159826
31 Dec 2214379425
30 Sep 2213449024
30 Jun 22124-68524
31 Mar 22115-157923
31 Dec 21104-147421
30 Sep 2193-166619
30 Jun 2182-185717
31 Mar 2171-144915
31 Dec 2063-84313
30 Sep 2056-73912
30 Jun 2051-103811
31 Mar 2046-93610
31 Dec 1941-12329
30 Sep 1937-12298
30 Jun 1934-10268
31 Mar 1930-11247
31 Dec 1827-11237
31 Dec 1717-7154
31 Dec 1610-382

Des revenus de qualité: DCBO a des bénéfices de haute qualité.

Augmentation de la marge bénéficiaire: Les marges bénéficiaires nettes actuelles de DCBO sont plus élevées que l'année dernière DCBO. (15.5%) sont plus élevées que l'année dernière (12.3%).


Analyse des flux de trésorerie disponibles par rapport aux bénéfices


Analyse de la croissance passée des bénéfices

Tendance des revenus: DCBO est devenue rentable au cours des 5 dernières années, augmentant ses bénéfices de 67.3% par an.

Accélération de la croissance: La croissance des bénéfices de DCBO au cours de l'année écoulée ( 40.3% ) est inférieure à sa moyenne sur 5 ans ( 67.3% par an).

Bénéfices par rapport au secteur d'activité: La croissance des bénéfices DCBO au cours de l'année écoulée ( 40.3% ) a dépassé celle du secteur Software 3.1%.


Rendement des fonds propres

ROE élevé: Le retour sur capitaux propres de DCBO ( 50.6% ) est considéré comme exceptionnel.


Rendement des actifs


Rendement des capitaux employés


Découvrir des entreprises performantes dans le passé

Analyse de l'entreprise et données financières

DonnéesDernière mise à jour (heure UTC)
Analyse de l'entreprise2026/05/07 23:08
Cours de l'action en fin de journée2026/05/07 00:00
Les revenus2025/12/31
Revenus annuels2025/12/31

Sources de données

Les données utilisées dans notre analyse de l'entreprise proviennent de S&P Global Market Intelligence LLC. Les données suivantes sont utilisées dans notre modèle d'analyse pour générer ce rapport. Les données sont normalisées, ce qui peut entraîner un délai avant que la source ne soit disponible.

PaquetDonnéesCadre temporelExemple de source américaine *
Finances de l'entreprise10 ans
  • Compte de résultat
  • Tableau des flux de trésorerie
  • Bilan
Estimations consensuelles des analystes+3 ans
  • Prévisions financières
  • Objectifs de prix des analystes
Prix du marché30 ans
  • Cours des actions
  • Dividendes, scissions et actions
Propriété10 ans
  • Actionnaires principaux
  • Délits d'initiés
Gestion10 ans
  • L'équipe dirigeante
  • Conseil d'administration
Principaux développements10 ans
  • Annonces de l'entreprise

* Exemple pour les titres américains ; pour les titres non américains, des formulaires réglementaires et des sources équivalentes sont utilisés.

Sauf indication contraire, toutes les données financières sont basées sur une période annuelle mais mises à jour trimestriellement. C'est ce qu'on appelle les données des douze derniers mois (TTM) ou des douze derniers mois (LTM). En savoir plus.

Modèle d'analyse et flocon de neige

Les détails du modèle d’analyse utilisé pour générer ce rapport sont disponibles sur notre page Github; nous proposons également des guides expliquant comment utiliser nos rapports et des tutoriels sur Youtube.

Découvrez l'équipe de classe mondiale qui a conçu et construit le modèle d'analyse Simply Wall St.

Indicateurs de l'industrie et du secteur

Nos indicateurs de secteur et de section sont calculés toutes les 6 heures par Simply Wall St. Les détails de notre processus sont disponibles sur Github.

Sources des analystes

Docebo Inc. est couverte par 17 analystes. 12 de ces analystes ont soumis les estimations de revenus ou de bénéfices utilisées comme données d'entrée dans notre rapport. Les soumissions des analystes sont mises à jour tout au long de la journée.

AnalysteInstitution
Martin TonerATB Cormark
Phillip LeytesBerenberg
Robert YoungCanaccord Genuity