The Descartes Systems Group (DSGX) to Post Quarterly Earnings on Thursday

The Descartes Systems Group (NASDAQ:DSGX) (TSE:DSG) will likely be releasing its Q2 2027 results after the market closes on Thursday, September 10th. Analysts expect the company to post earnings of $0.57 per share and revenue of $197.5360 million for the quarter. Investors are encouraged to explore the company’s upcoming Q2 2027 earning report page for the latest details on the call scheduled for Thursday, September 10, 2026 at 5:30 PM ET.

The Descartes Systems Group Stock Down 4.3%

Shares of NASDAQ:DSGX opened at $75.56 on Wednesday. The firm has a fifty day simple moving average of $75.54 and a two-hundred day simple moving average of $72.44. The Descartes Systems Group has a 52 week low of $62.56 and a 52 week high of $108.09. The stock has a market capitalization of $6.46 billion, a P/E ratio of 37.78 and a beta of 0.62.

Institutional Trading of The Descartes Systems Group

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Quarry LP purchased a new position in shares of The Descartes Systems Group during the third quarter valued at $27,000. Danske Bank A S bought a new position in The Descartes Systems Group during the 3rd quarter worth about $34,000. Measured Wealth Private Client Group LLC bought a new position in The Descartes Systems Group during the 3rd quarter worth about $40,000. Caitong International Asset Management Co. Ltd increased its position in The Descartes Systems Group by 267.3% during the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 551 shares of the technology company’s stock valued at $52,000 after purchasing an additional 401 shares during the period. Finally, Employees Retirement System of Texas increased its position in The Descartes Systems Group by 60.2% during the 3rd quarter. Employees Retirement System of Texas now owns 1,070 shares of the technology company’s stock valued at $101,000 after purchasing an additional 402 shares during the period. 77.73% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of research analysts recently commented on DSGX shares. Royal Bank Of Canada set a $125.00 price target on shares of The Descartes Systems Group and gave the company an “outperform” rating in a report on Friday, September 4th. Weiss Ratings upgraded The Descartes Systems Group from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Tuesday, July 21st. Canadian Imperial Bank of Commerce raised their price objective on The Descartes Systems Group from $116.00 to $118.00 and gave the company an “outperformer” rating in a research note on Thursday, June 4th. Loop Capital reiterated a “buy” rating and issued a $96.00 target price on shares of The Descartes Systems Group in a report on Thursday, June 4th. Finally, National Bank Financial set a $95.00 target price on The Descartes Systems Group and gave the company an “outperform” rating in a research report on Monday, July 20th. One investment analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $102.46.

About The Descartes Systems Group

The Descartes Systems Group Inc (NASDAQ: DSGX) is a global provider of cloud-based logistics and supply chain management solutions. The company’s software-as-a-service platform connects and optimizes the flow of goods, information and payments across the global supply chain, helping businesses coordinate transportation, customs clearance, routing, scheduling and fleet management. Descartes’ modular applications serve shippers, carriers, third-party logistics providers and regulatory authorities by enabling real-time visibility, compliance and execution across complex trade networks.

Headquartered in Waterloo, Ontario, Descartes was founded in 1981 and has grown through a combination of organic development and strategic acquisitions.