Docebo (NASDAQ:DCBO) underwent analysis by 6 analysts in the last quarter, revealing a spectrum of viewpoints from bullish to bearish.

The following table encapsulates their recent ratings, offering a glimpse into the evolving sentiments over the past 30 days and comparing them to the preceding months.

	Bullish	Somewhat Bullish	Indifferent	Somewhat Bearish	Bearish
Total Ratings	2	3	1	0	0
Last 30D	1	0	0	0	0
1M Ago	0	1	0	0	0
2M Ago	0	1	0	0	0
3M Ago	1	1	1	0	0

Analysts' evaluations of 12-month price targets offer additional insights, showcasing an average target of $33.67, with a high estimate of $38.00 and a low estimate of $28.00. A negative shift in sentiment is evident as analysts have decreased the average price target by 9.61%.

Investigating Analyst Ratings: An Elaborate Study

A clear picture of Docebo's perception among financial experts is painted with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.

Analyst	Analyst Firm	Action Taken	Rating	Current Price Target	Prior Price Target
Ryan MacDonald	Needham	Maintains	Buy	$38.00	$38.00
Matthew Vanvliet	Cantor Fitzgerald	Lowers	Overweight	$28.00	$35.00
Matt VanVliet	Cantor Fitzgerald	Announces	Overweight	$35.00	-
Josh Baer	Morgan Stanley	Lowers	Equal-Weight	$28.00	$34.00
Ryan MacDonald	Needham	Lowers	Buy	$38.00	$42.00
Ken Wong	Oppenheimer	Announces	Outperform	$35.00	-

Key Insights:

• Action Taken: Analysts respond to changes in market conditions and company performance, frequently updating their recommendations. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Docebo. This information offers a snapshot of how analysts perceive the current state of the company.
• Rating: Analyzing trends, analysts offer qualitative evaluations, ranging from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Docebo compared to the broader market.
• Price Targets: Analysts set price targets as an estimate of a stock's future value. Comparing the current and prior price targets provides insight into how analysts' expectations have changed over time. This information can be valuable for investors seeking to understand consensus views on the stock's potential future performance.

Assessing these analyst evaluations alongside crucial financial indicators can provide a comprehensive overview of Docebo's market position. Stay informed and make well-judged decisions with the assistance of our Ratings Table.

Stay up to date on Docebo analyst ratings.

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Unveiling the Story Behind Docebo

Docebo Inc is a provider of cloud-based learning management systems. The solutions provided by the company allow learning administrators to deliver scalable and flexible personalized learning experiences, from formal training to social learning to multiple internal, external, and blended audiences. The group provides an easy-to-use, configurable, and affordable learning platform with the end-to-end capabilities and critical functionality needed to train both internal and external workforces, partners, and customers. The majority of the revenue is derived from customers based in North America.

Docebo's Financial Performance

Market Capitalization: With restricted market capitalization, the company is positioned below industry averages. This reflects a smaller scale relative to peers.

Revenue Growth: Over the 3M period, Docebo showcased positive performance, achieving a revenue growth rate of 11.16% as of 30 September, 2025. This reflects a substantial increase in the company's top-line earnings. As compared to its peers, the revenue growth lags behind its industry peers. The company achieved a growth rate lower than the average among peers in Information Technology sector.

Net Margin: Docebo's financial strength is reflected in its exceptional net margin, which exceeds industry averages. With a remarkable net margin of 9.91%, the company showcases strong profitability and effective cost management.

Return on Equity (ROE): Docebo's ROE surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 15.29% ROE, the company effectively utilizes shareholder equity capital.

Return on Assets (ROA): Docebo's financial strength is reflected in its exceptional ROA, which exceeds industry averages. With a remarkable ROA of 3.55%, the company showcases efficient use of assets and strong financial health.

Debt Management: The company maintains a balanced debt approach with a debt-to-equity ratio below industry norms, standing at 0.06.

What Are Analyst Ratings?

Benzinga tracks 150 analyst firms and reports on their stock expectations. Analysts typically arrive at their conclusions by predicting how much money a company will make in the future, usually the upcoming five years, and how risky or predictable that company's revenue streams are.

Analysts attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish their ratings on stocks. Analysts typically rate each stock once per quarter or whenever the company has a major update.

Analysts may supplement their ratings with predictions for metrics like growth estimates, earnings, and revenue, offering investors a more comprehensive outlook. However, investors should be mindful that analysts, like any human, can have subjective perspectives influencing their forecasts.

This article was generated by Benzinga's automated content engine and reviewed by an editor.