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DCBODocebo Inc.Hold6.4·$23.03-1.67%
HoldModerate Confidence
Investment thesis

Docebo combines a consistent earnings beat streak, compounder-quality fundamentals, and a cheap valuation with a confirmed technical downtrend that has hard-blocked new buying under the engine's death-cross gate.

Thesis pillars

  • Strong Growth Profile Analyst UpsideImproving
  • Attractive Valuation Compounder QualityImproving
  • Consistent Earnings Beat StreakImproving
  • +1 more pillar — see the Why tab for full reasoning

Full reasoning →

Open full analysis

Docebo Inc. (DCBO) Stock Analysis

Momentum Cont setup · Inst Constrain edge

HoldValueGrowthQualityModerate Confidence

Technology · Software - Application

Hold if already holding. Not a fresh buy at $23.03, but acceptable to hold if already in. Reason: Elevated risk factors.

Docebo Inc. develops and provides learning management platform for training in Canada, the United States, and internationally. The company's cloud platform consists of a learning suite, which includes Docebo Learn platform, a cloud-based learning platform that allows learning... Read more

$23.03+10.5% A.UpsideScore 6.4/10#20 of 124 Software - Application
QualityF-score8 / 9FCF yield7.27%
Stop $21.42Target $25.45(analyst − 13%)A.R:R 0.7:1
Analyst target$29.25+27.0%10 analysts
$25.45our TP
$23.03price
$29.25mean
$38

Hold if already holding. Not a fresh buy at $23.03, but acceptable to hold if already in. Reason: Elevated risk factors. Chart setup: Trend continuation, RSI 64, MACD bullish. Maintain position. Not compelling to add more. Score 6.4/10, moderate confidence.

Passes 7/10 gates (positive momentum, clean insider activity, no SEC red flags, news events none recent, earnings proximity 83d clear, semi cycle peak clear, materials cycle peak clear). Fails on favorable risk/reward ratio and death cross (50MA < 200MA). Suitability: aggressive.

news + 30-day 8-K events · 5-min refresh

Recent developments

updated 2026-08-14
TrendMatrix Research · upcoming catalyst calendar

Upcoming dated catalysts

Fri, Nov 6, 202683d to earnings· next earnings call

Thesis

Rewards
Strong earnings beat streak (3/4)
High-quality business
Attractive valuation
Risks
Elevated risk factors

Key Metrics

P/E (TTM)19.4
P/E (Fwd)11.3
Mkt Cap$594M
EV/EBITDA17.1
Profit Mgn13.0%
ROE195.5%
Rev Growth13.0%
Beta0.73
DividendNone
Rating analysts16

Quality Signals

Piotroski F8/9MoatWideCompounder

Options Flow

P/C2.00bearish
IV65%elevated
Max Pain$30+30.3% vs spot

Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results.

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Performance. Past performance is not indicative of future results. Performance figures reflect the published model only and do not reflect any individual subscriber's actual results.

Methodology · Editorial policy & full disclaimer

Rating Breakdown

1 floor-breaker

Technicals below the gate floor. Component breakdown shows what dragged the score down.static

Bollinger
1.6
Support Resistance
1.6
52w Position
3.8
Gap
6.0
GatesA.R:R 0.7 < 1.5@spotDeath cross (50MA < 200MA)Momentum 4.8<5.5 (soft — BUY_NOW allowed but watch)Momentum 4.8>=4.5Insider activity: OKNo SEC red flagsNEWS EVENTS NONE RECENTEARNINGS PROXIMITY 83d clearSEMI CYCLE PEAK CLEARMATERIALS CYCLE PEAK CLEARMomentum ContSuitability: Aggressive
RSI
64 · Neutral
20D MA 50D MA 200D MADEATH CROSSSupport $18.66Resistance $23.89

Price Targets

$21
$25
A.Upside+10.5%
A.R:R0.7:1

Position Sizing

ConvictionNone
Suggested %0.5%
Max %1%
RegimeSteady

Risk Alerts

! asymmetry at 0.7 (below the engine's 1.5 threshold)@spot
! Death cross — 50-day MA below 200-day MA

Earnings

B
B
B
M
3/4 beats
Next Earnings2026-11-06 (83d)

Verdict History

reverse chrono — latest first
Loading history...
Verdicts are recorded on every nightly pipeline run. Rows capture transitions (verdict flips, score deltas ≥0.3, entry/TP/SL changes). Rows with a ▶ can be expanded to see the change reason. Aggregate cohort performance is tracked in the recommendation ledger.
Frequently Asked Questions
Is DCBO stock a buy right now?

Hold if already holding. Not a fresh buy at $23.03, but acceptable to hold if already in. Reason: Elevated risk factors. Chart setup: Trend continuation, RSI 64, MACD bullish. Maintain position. Not compelling to add more. Target $25.45 (+10.5%), stop $21.42 (−7.5%), A.R:R 0.7:1. Score 6.4/10, moderate confidence.

What is the DCBO stock price target?

Take-profit target: $25.45 (+10.5% upside). Target $25.45 (+10.5%), stop $21.42 (−7.5%), A.R:R 0.7:1. Stop-loss: $21.42.

What are the risks of investing in DCBO?

Elevated risk factors.

Is DCBO overvalued or undervalued?

Docebo Inc. trades at a P/E of 19.4 (forward 11.3). TrendMatrix value score: 7.3/10. Verdict: Hold.

What do analysts say about DCBO?

16 analysts cover DCBO with a consensus score of 4.0/5. Average price target: $29.

What does Docebo Inc. do?Docebo Inc. develops and provides learning management platform for training in Canada, the United States, and...

Docebo Inc. develops and provides learning management platform for training in Canada, the United States, and internationally. The company's cloud platform consists of a learning suite, which includes Docebo Learn platform, a cloud-based learning platform that allows learning administrators to deliver personalized learning; Docebo Content Marketplace, an access to off-the-shelf learning content and provide predeveloped learning content; Insights module allows organizations to understand the results of learning programs with data visualizations; Learning Evaluation module to incorporate the learner's perspective into analyses by collection of feedback; and Advanced Analytics Pack to integrate learning data into data ecosystem and BI tool. It also offers Communities module enabling interactive learner communities; eCommerce module that monetize from digital training contents, as well as manage and sells training offerings; eCommerce module to monetize training programs; Docebo Integrations; Headless Learning allows businesses to build learning experiences outside of the Docebo learning environment; Harmony Search, an AI-powered search capability. In addition, the company provides Docebo Creator enables organizations to design, scale, and deploy learning contents; Docebo for Salesforce, an integration of Salesforce's APIs and technology architecture to deliver a learning experience within Salesforce workflows; Docebo Embed (OEM) enables original equipment manufacturers to embed and resell the Docebo learning platform; Docebo Branded Mobile App Publisher, allows organizations to create and distribute a branded version of Docebo's mobile learning application; Docebo Extended Enterprise supports customer education, partner enablement, and retention by enabling organizations to train external audiences from a single LMS; and Docebo for Microsoft Teams. The company was founded in 2005 and is headquartered in Toronto, Canada.

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