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 7,429 funds
0
Analysts bullish %
of 3 analysts
Fund manager confidence
Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)
1.68% more ownership
Funds ownership: 76.6% [Q1] → 78.28% (+1.68%) [Q2]
6% more first-time investments, than exits
New positions opened: 37 | Existing positions closed: 35
3% more capital invested
Capital invested by funds: $6.64B [Q1] → $6.84B (+$204M) [Q2]
3% less call options, than puts
Call options by funds: $6.12M | Put options by funds: $6.33M
2% less funds holding
Funds holding: 353 [Q1] → 346 (-7) [Q2]
17% less funds holding in top 10
Funds holding in top 10: 6 [Q1] → 5 (-1) [Q2]
23% less repeat investments, than reductions
Existing positions increased: 116 | Existing positions reduced: 151
Research analyst outlook
3 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$108
9%
upside
Avg. target
$115
15%
upside
High target
$126
27%
upside
3 analyst ratings
1 positive
33%
2 neutral
67%
0 negative
0%
Morgan Stanley Chris Quintero | 11%upside $110 | Equal-Weight Initiated | 14 Jul 2025 |
RBC Capital Paul Treiber | 27%upside $126 | Outperform Maintained | 5 Jun 2025 |
Barclays Raimo Lenschow | 9%upside $108 | Equal-Weight Maintained | 5 Jun 2025 |
Financial journalist opinion
Based on 6 articles about DSGX published over the past 30 days
Neutral
GlobeNewsWire
1 day ago
Golf Superstore Uses Descartes Sellercloud™ to Unify Omnichannel Operations
ATLANTA, Aug. 25, 2025 (GLOBE NEWSWIRE) -- Descartes Systems Group (Nasdaq:DSGX) (TSX:DSG), the global leader in uniting logistics-intensive businesses in commerce, announced that Chattanooga-based Golf Superstore is using Descartes Sellercloud™ integrated with its Lightspeed point-of-sale (POS) system to drive order and inventory management efficiencies by unifying operations across its brick-and-mortar store and multiple ecommerce channels. With a single platform to manage inventory, orders, fulfillment and product listings across all of its sales channels, Golf Superstore has enhanced productivity, improved inventory handling and eliminated overselling.
Neutral
GlobeNewsWire
1 week ago
Descartes Named Top Provider of Cloud-based TMS Solutions and Top Fleet Management Provider in ARC Advisory Group's Transportation Management Systems Global Report
LONDON and ATLANTA, Aug. 14, 2025 (GLOBE NEWSWIRE) -- Descartes Systems Group (Nasdaq:DSGX) (TSX:DSG), the global leader in uniting logistics-intensive businesses in commerce, announced it was named in ARC Advisory Group's Transportation Management Systems Global Market Research (2024 – 2029) report as the leading provider of software as a service (SaaS) and cloud-based hosting services for transportation management systems (TMS) and also as the leading provider of fleet management applications. The report encompasses planning and execution applications (freight moves involving a carrier) and fleet management applications (freight moves involving transportation assets owned by the company).
Neutral
GlobeNewsWire
2 weeks ago
Descartes Helps Reduce False Positives with AI-Enabled Denied Party Screening Solution
LONDON and ATLANTA, Aug. 06, 2025 (GLOBE NEWSWIRE) -- Descartes Systems Group (Nasdaq:DSGX) (TSX:DSG), the global leader in uniting logistics-intensive businesses in commerce, announced the release of Descartes Visual Compliance™ AI Assist, the latest advancement in denied party screening that uses new artificial intelligence (AI) capabilities to help trade compliance teams automatically reduce the effort required to review and clear false positives. False positives are alerts that appear to match restricted, sanctioned and denied party entities but are, in fact, benign matches that lead to unnecessary reviews, wasted time and delayed shipments for import or export.
Neutral
GlobeNewsWire
3 weeks ago
Descartes Acquires Finale Inventory
Broadens Multi-Channel Inventory Management Capabilities to Scale Across Ecommerce Operations of all Sizes WATERLOO, Ontario and ATLANTA, Aug. 04, 2025 (GLOBE NEWSWIRE) -- Descartes Systems Group (TSX:DSG) (Nasdaq:DSGX), the global leader in uniting logistics-intensive businesses in commerce, announced that it has acquired Finale Inventory (“Finale”), a U.S.-based provider of cloud-based inventory management solutions designed to support ecommerce businesses across their growth lifecycle. Finale Inventory helps growing ecommerce sellers keep stock levels accurate across multiple ecommerce sales and fulfillment channels.
Neutral
GlobeNewsWire
3 weeks ago
Descartes Sets Date to Announce Second Quarter Fiscal 2026 Financial Results
WATERLOO, Ontario and ATLANTA, Aug. 01, 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 second quarter fiscal 2026 financial results after market close on Wednesday, September 03, 2025.
Neutral
GlobeNewsWire
3 weeks ago
Brazil's Grupo Petrópolis Uses Descartes Routing Solution to Optimize Nationwide Beverage Distribution
SÃO PAULO and ATLANTA, July 31, 2025 (GLOBE NEWSWIRE) -- Descartes Systems Group (Nasdaq:DSGX) (TSX:DSG), the global leader in uniting logistics-intensive businesses in commerce, announced that Brazil's Grupo Petrópolis is using Descartes' routing and fleet management solution to enhance its nationwide beverage distribution operations using approximately 2,900 vehicles. The Descartes solution helped Grupo Petrópolis achieve an on-time delivery rate of 98%, reduce overtime hours by 9% and decrease fuel consumption by 5%. These improvements reflect more efficient and sustainable fleet operations.
Neutral
Zacks Investment Research
1 month ago
Descartes Launches FraudGuard 2.0 to Combat Freight and Cargo Fraud
DSGX rolls out FraudGuard 2.0, boosting shipment security with real-time alerts and smarter carrier risk detection tools.
Neutral
GlobeNewsWire
1 month ago
Descartes MacroPoint™ FraudGuard 2.0 Provides Transportation Industry with Next-Generation Solution for Freight Fraud Defense
ATLANTA, July 07, 2025 (GLOBE NEWSWIRE) -- Descartes Systems Group (Nasdaq:DSGX) (TSX:DSG), the global leader in uniting logistics-intensive businesses in commerce, announced the release of Descartes MacroPoint™ FraudGuard 2.0, the latest advancement in freight fraud technology designed to help shippers, freight brokers, and third-party logistics providers (3PL) safeguard their business against increasingly sophisticated fraud and cargo theft schemes. With new capabilities for pre-tender, pre-pickup and in-transit shipments, companies can maintain a high-performing, compliant carrier network, enhance the reliability of critical decision-making insights, and better detect and mitigate potential identity fraud or double brokering to avoid insurance, liability, and reputational risks.
Neutral
GlobeNewsWire
2 months ago
Walking Comfort Accelerates Ecommerce Growth with Descartes Sellercloud™
ATLANTA, June 24, 2025 (GLOBE NEWSWIRE) -- Descartes Systems Group (Nasdaq:DSGX) (TSX:DSG), the global leader in uniting logistics-intensive businesses in commerce, announced that Utah-based Walking Comfort, a leading retailer in the local and online footwear market, is using Descartes Sellercloud™ to help drive ecommerce growth by centralizing and synchronizing the management of product listings, inventory, orders and fulfillment across multiple online sales channels.
Neutral
GlobeNewsWire
2 months ago
Descartes Acquires PackageRoute
Strengthens Final-Mile Carrier Capabilities WATERLOO, Ontario and ATLANTA, June 19, 2025 (GLOBE NEWSWIRE) -- Descartes Systems Group (TSX: DSG) (Nasdaq: DSGX), the global leader in uniting logistics-intensive businesses in commerce, announced that it has acquired PackageRoute, a leading provider of final-mile carrier solutions. Based in the US, PackageRoute's mission is to simplify and optimize the daily operations of final-mile carriers.
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