Descartes SystemsDSGX
DSGX
About: Descartes Systems Group provides a software solution that allows users in the shipping industry to communicate with one another. Its core product is the Global Logistics Network, which is best understood as transaction-driven. Descartes charges clients to send/receive messages, data, and documents on the GLN. Customers typically contract for a monthly minimum over a multiyear period. The GLN platform allows Descartes to upsell additional software modules as well, typically provided via a software-as-a-service model.
Employees: 2,524
0
Funds holding %
of 7,245 funds
0
Analysts bullish %
of 5 analysts
Fund manager confidence
Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)
3.21% less ownership
Funds ownership: 79.58% [Q4 2024] → 76.37% (-3.21%) [Q1 2025]
5% less funds holding
Funds holding: 366 [Q4 2024] → 348 (-18) [Q1 2025]
12% less repeat investments, than reductions
Existing positions increased: 126 | Existing positions reduced: 143
14% less funds holding in top 10
Funds holding in top 10: 7 [Q4 2024] → 6 (-1) [Q1 2025]
15% less capital invested
Capital invested by funds: $7.77B [Q4 2024] → $6.62B (-$1.15B) [Q1 2025]
16% less first-time investments, than exits
New positions opened: 37 | Existing positions closed: 44
64% less call options, than puts
Call options by funds: $3.15M | Put options by funds: $8.72M
Research analyst outlook
5 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$113
0%
upside
Avg. target
$125
10%
upside
High target
$137
21%
upside
5 analyst ratings
3 positive
60%
2 neutral
40%
0 negative
0%
RBC Capital Paul Treiber | 15%upside $130 | Outperform Reiterated | 28 Mar 2025 |
Scotiabank Kevin Krishnaratne | 12%upside $127 | Sector Outperform Maintained | 26 Mar 2025 |
BMO Capital Thanos Moschopoulos | 0%downside $113 | Market Perform Maintained | 6 Mar 2025 |
Barclays Raimo Lenschow | 4%upside $118 | Equal-Weight Maintained | 6 Mar 2025 |
Stephens & Co. John Campbell | 21%upside $137 | Overweight Maintained | 6 Mar 2025 |
Financial journalist opinion
Based on 4 articles about DSGX published over the past 30 days
Neutral
GlobeNewsWire
1 day ago
ArrowXL Optimizes Last Mile Delivery and Unlocks Capacity with Descartes
LONDON and ATLANTA, May 21, 2025 (GLOBE NEWSWIRE) -- Descartes Systems Group (Nasdaq:DSGX) (TSX:DSG), the global leader in uniting logistics-intensive businesses in commerce, announced that ArrowXL, the U.K.'s largest and longest-established two-person home delivery and warehousing specialist, is using Descartes' route planning and execution solution to automate and optimize last mile delivery route planning. This enables ArrowXL's route planning team to plan and optimize routes for deliveries dynamically and more efficiently, unlocking transportation capacity for the organization.
Neutral
GlobeNewsWire
1 week ago
Descartes' Annual Ecommerce Study Shows Younger Consumers Driving Online Buying Growth - but 79% Have Experienced Delivery Problems
LONDON and ATLANTA, May 14, 2025 (GLOBE NEWSWIRE) -- Descartes Systems Group (Nasdaq:DSGX) (TSX:DSG), the global leader in uniting logistics-intensive businesses in commerce, released findings from How Smarter Home Delivery Wins Younger Consumers as Online Buying Slows, its fourth annual consumer sentiment study of ecommerce home delivery. The study shows that, in a slower growing ecommerce market, consumers aged 18-35 (“under 35s”) are the biggest contributor to online growth, increasing both the volume and frequency of their purchases over the last 12 months compared to the prior year. While 18% of overall consumers surveyed cut back on purchases during this period, 43% of under 35s increased their spending year-on-year compared to just 32% of over 65s (see Figure 1).
Neutral
GlobeNewsWire
2 weeks ago
Descartes Sets Date to Announce First Quarter Fiscal 2026 Financial Results
WATERLOO, Ontario and ATLANTA, May 05, 2025 (GLOBE NEWSWIRE) -- Descartes Systems Group (TSX: DSG) (Nasdaq: DSGX), the global leader in uniting logistics-intensive businesses in commerce, is scheduled to report its first quarter fiscal 2026 financial results after market close on Wednesday, June 4, 2025.
Neutral
GlobeNewsWire
3 weeks ago
Calian Announces Appointment to Board of Directors
OTTAWA, Ontario, April 24, 2025 (GLOBE NEWSWIRE) -- Calian® Group Ltd. (TSX:CGY), a trusted provider of mission-critical solutions for defence, space and healthcare, today announced the appointment of Eric Demirian to its Board of Directors.
Positive
Zacks Investment Research
1 month ago
DSGX Solution Aligns Air Cargo Data Transmission With IATA Standard
Descartes advances air cargo digitization with ONE Record support, offering real-time, streamlined shipment data and boosting global logistics efficiency.
Neutral
GlobeNewsWire
1 month ago
Descartes Solution Streamlines Air Shipment Data Exchange with IATA's ONE Record
MUNICH, Germany and ATLANTA, April 10, 2025 (GLOBE NEWSWIRE) -- Descartes Systems Group (Nasdaq:DSGX) (TSX:DSG), the global leader in uniting logistics-intensive businesses in commerce, announced that the Descartes Air Messaging™ solution has streamlined the transmission of air shipment data according to the International Air Transport Association's (IATA) ONE Record messaging standard. IATA's ONE Record initiative aims to help airlines, their partners and service providers digitize air cargo messaging services by January 1, 2026, replacing the traditional exchange of documents using Cargo-IMP and Cargo XML standards.
Negative
CNBC Television
1 month ago
Descartes Systems Group CEO: Trump tariffs have created 'a lot of uncertainty' for our customers
Descartes Systems Group CEO Edward Ryan joins 'The Exchange' to discuss how their customers are reacting to Trump tariffs, whether this tariff war will impact their business, and more.
Negative
Zacks Investment Research
1 month ago
Descartes' AI Tools Help Lane One Automate Carrier Communication
DSGX's solutions enable Lane One to speed up load coverage, gain deeper pricing insights and reduce carrier fraud risks.
Neutral
GlobeNewsWire
1 month ago
Lane One Transport Automates Carrier Communication and Qualification with Integrated Parade and Descartes Solutions
ATLANTA, April 03, 2025 (GLOBE NEWSWIRE) -- Descartes Systems Group (Nasdaq:DSGX) (TSX:DSG), the global leader in uniting logistics-intensive businesses in commerce, announced that Texas-based Lane One Transport, a leader in freight brokerage, is automating inbound carrier communication and qualification using Parade CoDriver, a recently enhanced artificial intelligence (AI)-powered carrier engagement solution, integrated with the Descartes Aljex™ transportation management system (TMS) and Descartes MyCarrierPortal™ carrier onboarding system. The combined solution helps Lane One accelerate load coverage, gain smarter pricing insights and mitigate the risk of carrier fraud.
Positive
CNBC Television
1 month ago
Kayne Anderson's Julie Biel names this Canadian stock as a beneficiary of trade disruption
Julie Biel, Kayne Anderson Rudnick chief market strategist, joins 'The Exchange' to discuss market uncertainty and how to position from here.
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