Stifel Nicolaus Has Lowered Expectations for Docebo (NASDAQ:DCBO) Stock Price

Docebo (NASDAQ:DCBO) had its price objective cut by stock analysts at Stifel Nicolaus from $34.00 to $28.00 in a research note issued on Monday,BayStreet.CA reports. The firm currently has a “buy” rating on the stock. Stifel Nicolaus’ price target would suggest a potential upside of 52.84% from the company’s previous close.

DCBO has been the subject of several other research reports. Oppenheimer restated an “outperform” rating and issued a $25.00 price target on shares of Docebo in a report on Thursday, January 29th. UBS Group reiterated a “buy” rating on shares of Docebo in a report on Monday. Scotiabank reduced their price target on Docebo from $32.00 to $25.00 and set an “outperform” rating on the stock in a research report on Monday. Weiss Ratings lowered shares of Docebo from a “hold (c-)” rating to a “sell (d+)” rating in a report on Wednesday, December 31st. Finally, Craig Hallum restated a “buy” rating and set a $38.00 price objective on shares of Docebo in a research note on Monday. Two equities research analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $30.92.

Docebo Price Performance

DCBO stock opened at $18.32 on Monday. The stock has a market capitalization of $526.88 million, a price-to-earnings ratio of 14.43 and a beta of 1.44. 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 $33.70. The stock’s fifty day simple moving average is $19.64 and its 200-day simple moving average is $23.87.

Hedge Funds Weigh In On Docebo

Several hedge funds and other institutional investors have recently made changes to their positions in the business. Long Path Partners LP raised its stake in shares of Docebo by 30.5% during the second quarter. Long Path Partners LP now owns 1,176,750 shares of the company’s stock valued at $34,055,000 after purchasing an additional 275,176 shares in the last quarter. Topline Capital Management LLC boosted its holdings in shares of Docebo by 484.9% in the third quarter. Topline Capital Management LLC now owns 323,219 shares of the company’s stock valued at $8,834,000 after acquiring an additional 267,962 shares in the last quarter. Beutel Goodman & Co Ltd. acquired a new position in shares of Docebo during the second quarter valued at approximately $7,189,000. Wellington Management Group LLP increased its stake in shares of Docebo by 45.1% during the third quarter. Wellington Management Group LLP now owns 432,426 shares of the company’s stock valued at $11,818,000 after acquiring an additional 134,437 shares during the period. Finally, Royal Bank of Canada raised its stake in shares of Docebo by 467.1% in the 1st quarter. Royal Bank of Canada now owns 158,340 shares of the company’s stock worth $4,546,000 after buying an additional 130,419 shares in the last quarter. 53.17% of the stock is currently owned by institutional investors and hedge funds.

Key Stories Impacting Docebo

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.