Scotiabank Lowers Docebo (NASDAQ:DCBO) Price Target to $25.00

Docebo (NASDAQ:DCBO) had its price objective cut by Scotiabank from $32.00 to $25.00 in a research note issued on Monday, MarketBeat reports. The firm presently has an “outperform” rating on the stock. Scotiabank’s price target suggests a potential upside of 36.46% from the stock’s previous close.

Other equities research analysts also recently issued reports about the company. Cantor Fitzgerald dropped their price objective on Docebo from $35.00 to $28.00 and set an “overweight” rating on the stock in a report on Wednesday, January 21st. Morgan Stanley decreased their price target on shares of Docebo from $28.00 to $26.00 and set an “equal weight” rating for the company in a research report on Monday. TD Securities upgraded shares of Docebo to a “strong-buy” rating in a research note on Thursday, January 15th. Weiss Ratings cut shares of Docebo from a “hold (c-)” rating to a “sell (d+)” rating in a report on Wednesday, December 31st. Finally, Oppenheimer reissued an “outperform” rating and set a $25.00 price objective on shares of Docebo in a report on Thursday, January 29th. Two investment analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $30.92.

Docebo Stock Up 3.9%

Shares of Docebo stock opened at $18.32 on Monday. Docebo has a 1-year low of $16.07 and a 1-year high of $33.70. The company has a market capitalization of $526.88 million, a PE ratio of 14.43 and a beta of 1.44. The company has a debt-to-equity ratio of 0.05, a current ratio of 1.13 and a quick ratio of 1.13. The business has a 50-day moving average of $19.64 and a 200-day moving average of $23.87.

Institutional Investors Weigh In On Docebo

A number of institutional investors have recently modified their holdings of DCBO. Deutsche Bank AG raised its stake in 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 period. Northwest & Ethical Investments L.P. bought a new position in shares of Docebo during the fourth quarter valued at approximately $27,000. Arrowstreet Capital Limited Partnership grew its holdings in shares of Docebo by 0.3% during the second quarter. Arrowstreet Capital Limited Partnership now owns 552,271 shares of the company’s stock valued at $16,006,000 after purchasing an additional 1,381 shares during the last quarter. Employees Retirement System of Texas acquired a new stake in shares of Docebo during the 2nd quarter worth approximately $44,000. Finally, TD Waterhouse Canada Inc. lifted its holdings in shares of Docebo by 39.5% in the 3rd quarter. TD Waterhouse Canada Inc. now owns 6,380 shares of the company’s stock worth $172,000 after purchasing an additional 1,805 shares during the last quarter. Institutional investors own 53.17% of the company’s stock.

Key Docebo News

Here are the key news stories impacting Docebo this week:

• Positive Sentiment: Management will present at multiple investor conferences in March (Scotiabank TMT, Morgan Stanley TMT and others), increasing visibility with institutional investors and giving the company an opportunity to reinforce growth prospects and AI workforce-readiness messaging. Docebo Investor Conferences
• Neutral Sentiment: Short-interest reports for early March show 0 shares and NaN changes (days-to-cover 0.0), which looks like a data anomaly or indicates negligible short interest; this is unlikely to meaningfully move the stock absent clearer reporting.
• Negative Sentiment: Scotiabank lowered its price target to $25 while maintaining an “outperform” view, trimming upside expectations versus prior targets and signaling more conservative near-term estimates. Scotiabank PT Cut
• Negative Sentiment: Stifel Nicolaus cut its target from $34 to $28 but kept a “buy” rating, another downward revision that reduces analyst-implied upside. Stifel PT Cut
• Negative Sentiment: Morgan Stanley trimmed its target to $26 and assigns an “equal weight” rating, reflecting a more cautious stance that can pressure sentiment among institutional holders. Morgan Stanley PT Cut
• Negative Sentiment: Needham also lowered its target (reported at $31), adding to the pattern of analysts dialing back upside expectations even where ratings remain constructive. Needham PT Cut

Docebo Company Profile

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.