Docebo (NASDAQ:DCBO) Issues Earnings Results

Docebo (NASDAQ:DCBO) announced its quarterly earnings data on Friday. The company reported $0.30 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.33 by ($0.03), Zacks reports. Docebo had a net margin of 15.46% and a return on equity of 67.62%.

Here are the key takeaways from Docebo’s conference call:

• Docebo’s Inspire conference showed strong customer engagement—attendance grew ~20% to >1,000 and more than 20% of ARR was represented—boosting pipeline and market visibility.
• Management beat Q1 and raised full?year revenue guidance (about $3.5M incremental), and said demand—particularly in mid?market and increasingly in enterprise—is the strongest they’ve seen in years, though they will wait multiple quarters to call enterprise strength a sustained trend.
• AgentHub was demoed live with GA imminent and generated >500 customer agent requests at Inspire, signaling early adoption interest in Docebo’s agentic AI and knowledge?management strategy that could be a differentiation moat.
• The 365Talents acquisition is tracking to plan (annual revenue assumption $9M); ~50% of Docebo customers engaged with the product at Inspire and management expects meaningful H2 expansion and cross?sell opportunities.
• Q1 free cash flow was unusually strong due to working?capital timing and advance payments and is expected to normalize in Q2, while the company continues share repurchases and says opportunistic M&A remains possible but unlikely in the next few quarters.

Docebo Trading Up 1.1%

NASDAQ:DCBO traded up $0.24 during midday trading on Friday, hitting $21.20. The stock had a trading volume of 311,226 shares, compared to its average volume of 179,213. Docebo has a one year low of $14.39 and a one year high of $33.50. The company has a market capitalization of $544.76 million, a price-to-earnings ratio of 16.69 and a beta of 1.31. The stock has a 50-day moving average of $18.16 and a 200 day moving average of $20.35. The company has a quick ratio of 1.22, a current ratio of 1.22 and a debt-to-equity ratio of 0.03.

Analyst Upgrades and Downgrades

DCBO has been the subject of several recent analyst reports. Canaccord Genuity Group decreased their price target on Docebo from $40.00 to $36.00 and set a “buy” rating for the company in a research note on Monday, March 2nd. Craig Hallum reiterated a “buy” rating and set a $38.00 price objective on shares of Docebo in a research report on Monday, March 2nd. Wall Street Zen raised Docebo from a “buy” rating to a “strong-buy” rating in a report on Sunday, March 8th. Scotiabank dropped their price objective on Docebo from $32.00 to $25.00 and set an “outperform” rating for the company in a research note on Monday, March 2nd. Finally, Cantor Fitzgerald reiterated an “overweight” rating and issued a $28.00 target price on shares of Docebo in a research report on Wednesday, April 22nd. Three equities research analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, Docebo currently has an average rating of “Moderate Buy” and a consensus price target of $30.92.

Institutional Trading of Docebo

Several hedge funds and other institutional investors have recently bought and sold shares of DCBO. Northwest & Ethical Investments L.P. bought a new stake in Docebo during the 4th quarter valued at $27,000. State of Wyoming purchased a new position in Docebo in the 4th quarter worth $72,000. Deutsche Bank AG raised its stake in Docebo by 33.2% in the 4th 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. Zurcher Kantonalbank Zurich Cantonalbank raised its stake in shares of Docebo by 46.7% during the 3rd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 7,063 shares of the company’s stock valued at $193,000 after buying an additional 2,248 shares during the last quarter. Finally, Centiva Capital LP purchased a new position in shares of Docebo during the 3rd quarter valued at about $204,000. Institutional investors own 53.17% of the company’s stock.

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.