Needham & Company LLC Cuts Docebo (NASDAQ:DCBO) Price Target to $31.00

Docebo (NASDAQ:DCBO) had its target price decreased by Needham & Company LLC from $38.00 to $31.00 in a research report report published on Friday,Benzinga reports. Needham & Company LLC currently has a buy rating on the stock.

Other equities analysts have also issued research reports about the company. Scotiabank dropped their target price on Docebo from $35.00 to $32.00 and set a “sector outperform” rating on the stock in a report on Friday, January 30th. ATB Cormark Capital Markets raised Docebo to an “outperform” rating in a research report on Wednesday, December 10th. Weiss Ratings cut Docebo from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Wednesday, December 31st. Canaccord Genuity Group lowered their price target on Docebo from $46.00 to $40.00 and set a “buy” rating for the company in a report on Monday, February 2nd. Finally, National Bank Financial dropped their price target on shares of Docebo from $31.00 to $24.00 and set a “sector perform” rating on the stock in a research note on Thursday, January 22nd. Two equities research analysts have rated the stock with a Strong Buy rating, seven have assigned a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $33.00.

Docebo Trading Down 3.0%

NASDAQ DCBO opened at $17.38 on Friday. The company has a quick ratio of 1.13, a current ratio of 1.13 and a debt-to-equity ratio of 0.05. Docebo has a 52 week low of $16.07 and a 52 week high of $35.54. The stock has a market capitalization of $499.85 million, a PE ratio of 13.69 and a beta of 1.44. The firm has a 50 day moving average of $19.81 and a two-hundred day moving average of $24.06.

Institutional Investors Weigh In On Docebo

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Deutsche Bank AG grew its position in shares of Docebo by 33.2% during the fourth quarter. Deutsche Bank AG now owns 3,533 shares of the company’s stock worth $78,000 after acquiring an additional 881 shares during the last quarter. Northwest & Ethical Investments L.P. acquired a new stake in Docebo during the 4th quarter worth $27,000. Arrowstreet Capital Limited Partnership grew its position in Docebo by 0.3% during the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 552,271 shares of the company’s stock worth $16,006,000 after purchasing an additional 1,381 shares during the last quarter. Employees Retirement System of Texas acquired a new position in Docebo in the second quarter valued at $44,000. Finally, TD Waterhouse Canada Inc. raised its holdings in shares of Docebo by 39.5% in the third quarter. TD Waterhouse Canada Inc. now owns 6,380 shares of the company’s stock valued at $172,000 after buying an additional 1,805 shares during the last quarter. Hedge funds and other institutional investors own 53.17% of the company’s stock.

Trending Headlines about Docebo

Here are the key news stories impacting Docebo this week:

• Positive Sentiment: Q4 results beat consensus — revenue (~$62.8M) and EPS topped estimates, and management said Q4 included the strongest gross bookings since 2021 and improved adjusted EBITDA margins; these operational beats support longer‑term growth expectations. Read More.
• Positive Sentiment: Earnings call highlighted continued demand and strategic integration (AI and platform initiatives), reinforcing management’s narrative that product momentum and cross‑sell are driving bookings strength. Read More.
• Neutral Sentiment: Q1 2026 revenue guidance was given at $63.5M–$63.7M, roughly in line with consensus (~$63.4M); the narrow beat offers limited upside and management’s EPS guidance detail was minimal in the notice, leaving investors to parse qualitative commentary for forward conviction.
• Neutral Sentiment: Post‑report analysis focused on key metric comparisons (margin, bookings, ROE), which help contextualize the beat but don’t dramatically change near‑term estimates; watch renewal and ARR/bookings cadence in the next quarters. Read More.
• Negative Sentiment: Needham lowered its price target from $38 to $31 (still a Buy rating), which trims the near‑term upside narrative and likely pressured the stock despite the beat — analyst downgrades/cuts to price targets often trigger selling by momentum and quant funds. Read More.

About Docebo

Docebo is a cloud-based learning management system (LMS) provider that offers enterprise organizations a comprehensive platform for employee, customer and partner training. The company’s software is designed to streamline learning and development with features such as AI-powered content recommendations, automated learning paths and social collaboration tools. Docebo’s platform supports multiple languages and integrates with a variety of third-party applications, enabling businesses to deliver training at scale across different departments and regions.

Founded in 2005 and headquartered in Toronto, Canada, Docebo has expanded its footprint to serve customers in North America, Europe, the Middle East and the Asia Pacific region.