Docebo (NASDAQ:DCBO) Releases Earnings Results, Misses Expectations By $0.06 EPS

Docebo (NASDAQ:DCBO) announced its quarterly earnings results on Friday. The company reported $0.25 EPS for the quarter, missing the consensus estimate of $0.31 by ($0.06), Zacks reports. Docebo had a return on equity of 93.49% and a net margin of 13.71%.

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

• ARR growth re-accelerated for the second consecutive quarter, with strength across enterprise, mid-market, government, international, new business, and expansions. Management raised full-year revenue guidance by $3.5 million, primarily reflecting stronger enterprise performance.
• Enterprise momentum is being supported by improved execution, a growing partner ecosystem, and products from the 365Talents acquisition. Management said major telecom and automotive customers would likely not have entered the sales process without the added skills capabilities.
• Docebo plans to invest in healthcare as a new vertical, initially building a small product, sales, and management team based on its government-market playbook. The company views healthcare as roughly a $3 billion TAM and expects the investment to expand beyond the second half of 2026 into 2027.
• The company is hiring its first foundational forward-deployed engineer to develop customized AI-agent workflows for major customers, with Agent Hub and Enterprise Knowledge expected to launch in early fall. Initial costs will be treated primarily as R&D, while future monetization and margin impacts remain under development.
• Management said Docebo’s shares appear undervalued and identified share repurchases as the current capital-allocation priority, while characterizing new M&A as opportunistic rather than a near-term focus.

Docebo Trading Up 8.9%

NASDAQ:DCBO traded up $1.82 during mid-day trading on Friday, reaching $22.30. The company’s stock had a trading volume of 142,549 shares, compared to its average volume of 99,904. The company has a debt-to-equity ratio of 0.03, a current ratio of 0.85 and a quick ratio of 0.85. The stock has a market cap of $555.05 million, a P/E ratio of 19.22 and a beta of 1.24. The company’s fifty day simple moving average is $18.72 and its two-hundred day simple moving average is $18.39. Docebo has a twelve month low of $14.39 and a twelve month high of $33.42.

Hedge Funds Weigh In On Docebo

Several institutional investors and hedge funds have recently bought and sold shares of DCBO. Northwest & Ethical Investments L.P. purchased a new stake in Docebo during the fourth quarter valued at about $27,000. State of Wyoming purchased a new position in shares of Docebo in the 4th quarter worth about $72,000. Deutsche Bank AG raised its holdings in shares of 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 purchasing an additional 881 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank lifted its stake in shares of Docebo by 46.7% in the 3rd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 7,063 shares of the company’s stock valued at $193,000 after purchasing an additional 2,248 shares in the last quarter. Finally, Centiva Capital LP acquired a new position in shares of Docebo in the 3rd quarter valued at about $204,000. Institutional investors and hedge funds own 53.17% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts have recently issued reports on DCBO shares. National Bank Financial lifted their price target on Docebo from $21.00 to $22.00 and gave the stock a “sector perform” rating in a research note on Monday, July 20th. Cantor Fitzgerald restated an “overweight” rating and set a $28.00 target price on shares of Docebo in a report on Wednesday, April 22nd. Needham & Company LLC restated a “buy” rating and set a $31.00 target price on shares of Docebo in a research report on Friday, July 17th. Weiss Ratings downgraded shares of Docebo from a “sell (d+)” rating to a “sell (d)” rating in a report on Thursday, July 23rd. Finally, Wall Street Zen downgraded Docebo from a “buy” rating to a “hold” rating in a research report on Sunday, May 17th. One analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, two have given a Hold rating and two have given a Sell rating to the company. According to MarketBeat.com, Docebo presently has a consensus rating of “Moderate Buy” and an average target price of $31.08.

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.