Docebo (NASDAQ:DCBO) Upgraded by Wall Street Zen to “Buy” Rating

Wall Street Zen upgraded shares of Docebo (NASDAQ:DCBO) from a hold rating to a buy rating in a research report released on Saturday.

Other research analysts have also issued reports about the company. Needham & Company LLC reiterated a “buy” rating and set a $31.00 price target on shares of Docebo in a report on Friday, July 17th. ATB Cormark Capital Markets lowered their price objective on shares of Docebo from $36.00 to $35.00 and set an “outperform” rating on the stock in a research note on Monday, July 20th. Zacks Research lowered shares of Docebo from a “hold” rating to a “strong sell” rating in a research report on Tuesday, July 21st. National Bank Financial boosted their target price on shares of Docebo from $21.00 to $22.00 and gave the stock a “sector perform” rating in a research report on Monday, July 20th. Finally, Weiss Ratings cut shares of Docebo from a “sell (d+)” rating to a “sell (d)” rating in a research note on Thursday, July 23rd. One equities research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, two have issued a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $31.08.

Docebo Price Performance

NASDAQ DCBO opened at $22.30 on Friday. The stock has a 50-day simple moving average of $18.72 and a 200 day simple moving average of $18.39. Docebo has a twelve month low of $14.39 and a twelve month high of $33.42. The stock has a market capitalization of $555.05 million, a PE ratio of 19.56 and a beta of 1.24. The company has a debt-to-equity ratio of 0.03, a quick ratio of 0.85 and a current ratio of 0.85.

Institutional Trading of Docebo

A number of institutional investors and hedge funds have recently added to or reduced their stakes in DCBO. Northwest & Ethical Investments L.P. bought a new position in Docebo during the fourth quarter worth about $27,000. State of Wyoming bought a new stake in shares of Docebo in the 4th quarter valued at approximately $72,000. Deutsche Bank AG grew its stake in shares of Docebo by 33.2% in the 4th quarter. Deutsche Bank AG now owns 3,533 shares of the company’s stock valued at $78,000 after purchasing an additional 881 shares during the period. NewEdge Advisors LLC raised its holdings in shares of Docebo by 1,101.5% in the 1st quarter. NewEdge Advisors LLC now owns 3,977 shares of the company’s stock worth $69,000 after buying an additional 3,646 shares in the last quarter. Finally, Zurcher Kantonalbank Zurich Cantonalbank raised its holdings 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 worth $193,000 after buying an additional 2,248 shares in the last quarter. Institutional investors own 53.17% of the company’s stock.

Docebo News Roundup

Here are the key news stories impacting Docebo this week:

• Positive Sentiment: Docebo reported adjusted second-quarter earnings of $0.35 per share, exceeding the Zacks consensus estimate of $0.22 and improving from $0.29 a year earlier. The earnings beat likely supported the stock’s advance. Docebo Inc. Beats Q2 Earnings and Revenue Estimates
• Positive Sentiment: Wall Street Zen upgraded its rating on DCBO, adding a positive sentiment signal shortly after the quarterly report. Docebo Stock Rating Upgraded by Wall Street Zen
• Positive Sentiment: Management described the quarter as another milestone period, highlighting continued disciplined execution and investment in its enterprise learning, skills-intelligence, and knowledge platform. This supports the longer-term growth narrative, particularly around AI-focused workplace software. Docebo Reports Second Quarter 2026 Results
• Neutral Sentiment: The earnings-call presentation and analyst commentary provide additional detail on Q2 performance and the company’s strategy, but the supplied reports do not identify a specific new forecast, target-price change, or major product announcement. Docebo 2026 Q2 Results Earnings Call Presentation
• Negative Sentiment: MarketBeat reported GAAP EPS of $0.25 versus the $0.27 consensus and revenue of $63.8 million versus expectations of $67.14 million. These misses could limit gains if investors focus on reported results rather than the adjusted earnings beat. Docebo Quarterly Earnings Report

About Docebo

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.