Docebo Inc.

TSX:DCBO Stock Report

Market Cap: CA$603.1m

Docebo Dividends and Buybacks

Dividend criteria checks 0/6

Docebo does not have a record of paying a dividend.

Key information

n/a

Dividend yield

22.9%

Buyback Yield

Total Shareholder Yield22.9%
Future Dividend Yieldn/a
Dividend Growthn/a
Next dividend pay daten/a
Ex dividend daten/a
Dividend per sharen/a
Payout ration/a

Recent dividend and buyback updates

Recent updates

Narrative Update May 15

DCBO: Strong Bookings And New Platform Are Expected To Reward Patience

Analysts have trimmed their average price target on Docebo to about CA$26 from roughly CA$31. This reflects updated assumptions for slightly slower revenue growth, lower profit margins, a higher discount rate, and a reduced future P/E multiple, even as they highlight mixed signals around near term subscription trends and recent gross bookings strength.
Narrative Update 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.
Narrative Update 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.
Narrative Update 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.
Narrative Update 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.
Narrative Update 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.
Narrative Update 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.
Narrative Update 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.
Analysis Article 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...
Narrative Update 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.
Narrative Update 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.
Narrative Update 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.
Analysis Article 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...
Narrative Update 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.
Narrative Update 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.
Narrative Update 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.
Analysis Article 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...
Analysis Article 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...
Analysis Article 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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New Narrative 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.
Analysis Article 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...
Analysis Article 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...
Analysis Article 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...
Analysis Article 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...
Analysis Article 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...
Analysis Article 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...
Analysis Article 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...
Analysis Article 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...

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: Insufficient data to determine if DCBO's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if DCBO's dividend payments have been increasing.


Dividend Yield vs Market

Docebo Dividend Yield vs Market
How does DCBO dividend yield compare to the market?
SegmentDividend Yield
Company (DCBO)n/a
Market Bottom 25% (CA)1.7%
Market Top 25% (CA)5.4%
Industry Average (Software)0.3%
Analyst forecast (DCBO) (up to 3 years)n/a

Notable Dividend: Unable to evaluate DCBO's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate DCBO's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Earnings Payout to Shareholders

Earnings Coverage: Insufficient data to calculate DCBO's payout ratio to determine if its dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as DCBO has not reported any payouts.


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/17 18:02
End of Day Share Price 2026/05/15 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

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. 12 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 Cormark
Phillip LeytesBerenberg
Robert YoungCanaccord Genuity