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Docebo Inc.

TSX:DCBO Stock Report

Market Cap: CA$1.2b

Docebo (DCBO) Stock Overview

Develops and provides a learning management platform for training in North America and internationally. More details

DCBO fundamental analysis
Snowflake Score
Valuation3/6
Future Growth5/6
Past Performance6/6
Financial Health6/6
Dividends0/6

Rewards

Price-To-Earnings ratio (37.3x) is below the Software industry average (43.5x)

Earnings are forecast to grow 25.3% per year

Earnings grew by 240.6% over the past year

Trading at good value compared to peers and industry

Risk Analysis

No risks detected for DCBO from our risk checks.

DCBO Community Fair Values

Create Narrative

See what 52 others think this stock is worth. Follow their fair value or set your own to get alerts.

DCBO logo
Docebo
AN
AnalystConsensusTarget
Consensus Narrative from 2 Analysts

FedRAMP Status And Deloitte Partnership Will Open New Markets And Expand Opportunities

Key Takeaways Docebo's AI-driven transformation and recent product releases are expected to boost revenue, enhance customer engagement, and improve net margins. Achieving FedRAMP status and partnerships with integrators aim to expand market access and drive predictable revenue growth.
View narrative
CA$66.96
FV
40.9% undervalued intrinsic discount
10.60%
Revenue growth p.a.
0users have liked this narrative
0users have commented on this narrative
26users have followed this narrative
6 days ago author updated this narrative
DCBO logo
Docebo
IN
IndusyHoldings
Community Contributor

Docebo - Customer and employee training

Catalysts 94% of revenue comes from subscriptions, which is Docebo's core business. The e-learning services industry expects an annual growth of approximately 19% until 2030, which could provide strong tailwind.
View narrative
CA$65.18
FV
39.2% undervalued intrinsic discount
24.80%
Revenue growth p.a.
2users have liked this narrative
0users have commented on this narrative
1users have followed this narrative
about 1 month ago author updated this narrative
View Stock Community

Docebo Inc. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Docebo
Historical stock prices
Current Share PriceCA$39.81
52 Week HighCA$75.08
52 Week LowCA$35.57
Beta1.33
1 Month Change7.68%
3 Month Change-7.20%
1 Year Change-23.43%
3 Year Change12.97%
5 Year Change8.50%
Change since IPO148.81%

Recent News & Updates

Recent updates

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

Apr 29
An Intrinsic Calculation For Docebo Inc. (TSE:DCBO) Suggests It's 44% Undervalued

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

Mar 08
Some Docebo Inc. (TSE:DCBO) Shareholders Look For Exit As Shares Take 27% Pounding
author-image

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.

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

Jan 13
Is There Now An Opportunity In Docebo Inc. (TSE:DCBO)?

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

Dec 16
Docebo Inc. (TSE:DCBO) Investors Are Less Pessimistic Than Expected

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

Nov 05
Investors Should Be Encouraged By Docebo's (TSE:DCBO) Returns On Capital

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

Apr 30
What Does Docebo Inc.'s (TSE:DCBO) Share Price Indicate?

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

Apr 15
Docebo (TSE:DCBO) Is Looking To Continue Growing Its Returns On Capital

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

Mar 12
Calculating The Intrinsic Value Of Docebo Inc. (TSE:DCBO)

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

Feb 26
Docebo Inc.'s (TSE:DCBO) Price In Tune With Revenues

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

Dec 04
Returns On Capital Are Showing Encouraging Signs At Docebo (TSE:DCBO)

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

Nov 04
An Intrinsic Calculation For Docebo Inc. (TSE:DCBO) Suggests It's 37% Undervalued

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

Oct 01
Getting In Cheap On Docebo Inc. (TSE:DCBO) Might Be Difficult

Is Now The Time To Look At Buying Docebo Inc. (TSE:DCBO)?

Aug 09
Is Now The Time To Look At Buying Docebo Inc. (TSE:DCBO)?

Is There An Opportunity With Docebo Inc.'s (TSE:DCBO) 34% Undervaluation?

Jun 01
Is There An Opportunity With Docebo Inc.'s (TSE:DCBO) 34% Undervaluation?

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

Apr 02
Is There Now An Opportunity In Docebo Inc. (TSE:DCBO)?

Shareholder Returns

DCBOCA SoftwareCA Market
7D0.9%0.8%0.6%
1Y-23.4%21.3%19.3%

Return vs Industry: DCBO underperformed the Canadian Software industry which returned 21.3% over the past year.

Return vs Market: DCBO underperformed the Canadian Market which returned 19.3% over the past year.

Price Volatility

Is DCBO's price volatile compared to industry and market?
DCBO volatility
DCBO Average Weekly Movement7.3%
Software Industry Average Movement12.1%
Market Average Movement9.2%
10% most volatile stocks in CA Market18.2%
10% least volatile stocks in CA Market3.6%

Stable Share Price: DCBO has not had significant price volatility in the past 3 months compared to the Canadian market.

Volatility Over Time: DCBO's weekly volatility (7%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2005991Alessio Artuffowww.docebo.com

Docebo Inc. develops and provides a learning management platform for training in North America and internationally. Its solutions allow customers to take control of training strategies and retain institutional knowledge, while providing efficient course delivery, advanced reporting tools, and analytics. The company’s cloud platform consists of a learning suite, which includes Docebo Learn platform, a cloud-based learning platform that allows learning administrators to deliver personalized learning; Docebo Content that allows access to off-the-shelf learning content and provide predeveloped learning content by partnering with a content specialist; Insights module which allows organizations to understand the results of their learning programs with data visualizations; Learning Evaluation module to incorporate the learner’s perspective into analyses by collection of feedback; and Advanced Analytics to integrate learning data into any data ecosystem and BI tool.

Docebo Inc. Fundamentals Summary

How do Docebo's earnings and revenue compare to its market cap?
DCBO fundamental statistics
Market capCA$1.17b
Earnings (TTM)CA$31.50m
Revenue (TTM)CA$304.67m
37.4x
P/E Ratio
3.9x
P/S Ratio

Is DCBO overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
DCBO income statement (TTM)
RevenueUS$222.82m
Cost of RevenueUS$43.10m
Gross ProfitUS$179.73m
Other ExpensesUS$156.69m
EarningsUS$23.04m

Last Reported Earnings

Mar 31, 2025

Next Earnings Date

n/a

Earnings per share (EPS)0.78
Gross Margin80.66%
Net Profit Margin10.34%
Debt/Equity Ratio0%

How did DCBO perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/07/08 21:26
End of Day Share Price 2025/07/08 00:00
Earnings2025/03/31
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Docebo Inc. is covered by 17 analysts. 11 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Martin TonerATB Capital Markets
Phillip LeytesBerenberg
Robert YoungCanaccord Genuity