Docebo Inc Stock Analysis

DCBO Stock  USD 19.49  0.45  2.36%   
Below is the normalized historical share price chart for Docebo Inc extending back to April 16, 2020. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Docebo stands at 19.49, as last reported on the 5th of February, with the highest price reaching 19.69 and the lowest price hitting 18.68 during the day.
IPO Date
3rd of December 2020
200 Day MA
26.6344
50 Day MA
21.0625
Beta
0.977
 
Covid
 
Interest Hikes
Docebo Inc holds a debt-to-equity ratio of 0.019. At this time, Docebo's Short Term Debt is very stable compared to the past year. As of the 5th of February 2026, Debt To Equity is likely to grow to 0.02, while Short and Long Term Debt Total is likely to drop about 1.3 M. With a high degree of financial leverage come high-interest payments, which usually reduce Docebo's Earnings Per Share (EPS).

Asset vs Debt

Equity vs Debt

Docebo's liquidity is one of the most fundamental aspects of both its future profitability and its ability to meet different types of ongoing financial obligations. Docebo's cash, liquid assets, total liabilities, and shareholder equity can be utilized to evaluate how much leverage the Company is using to sustain its current operations. For traders, higher-leverage indicators usually imply a higher risk to shareholders. In addition, it helps Docebo Stock's retail investors understand whether an upcoming fall or rise in the market will negatively affect Docebo's stakeholders.
For many companies, including Docebo, marketable securities, inventories, and receivables are the most common assets that could be converted to cash. However, for Docebo Inc, the most critical issue when managing liquidity is ensuring that current assets are properly aligned with current liabilities. If they are not, Docebo's management will need to obtain alternative financing to ensure there are always enough cash equivalents on the balance sheet to meet obligations.
Price Book
12.4755
Enterprise Value Ebitda
18.5785
Price Sales
2.3162
Shares Float
12.3 M
Wall Street Target Price
33.1818
At this time, Docebo's Total Stockholder Equity is very stable compared to the past year. As of the 5th of February 2026, Common Stock Total Equity is likely to grow to about 319.2 M, while Common Stock Shares Outstanding is likely to drop about 33.6 M. . At this time, Docebo's Price Cash Flow Ratio is very stable compared to the past year. As of the 5th of February 2026, Price Fair Value is likely to grow to 22.13, while Price To Sales Ratio is likely to drop 6.81.
Docebo Inc is undervalued with Real Value of 23.14 and Target Price of 33.18. The main objective of Docebo stock analysis is to determine its intrinsic value, which is an estimate of what Docebo Inc is worth, separate from its market price. There are two main types of Docebo's stock analysis: fundamental analysis and technical analysis.
The Docebo stock is traded in the USA on NASDAQ Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. Docebo is usually not traded on Labour Day, Thanksgiving Day, Christmas Day, New Year 's Day, Dr . Martin Luther King Jr 's Birthday, Washington 's Birthday, Good Friday, Memorial Day, Juneteenth Holiday, Independence Day ( substitute day ), Independence Day. Docebo Stock trading window is adjusted to America/New York timezone.
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Docebo Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.

Docebo Stock Analysis Notes

About 44.0% of the company shares are held by company insiders. The company had not issued any dividends in recent years. Docebo Inc. provides a cloud-based learning management system to train internal and external workforces, partners, and customers in North America, Europe, and the Asia-Pacific region. It serves customers in the technology, media, manufacturing, consulting and professional services, and retail industries. Docebo operates under SoftwareApplication classification in the United States and is traded on NASDAQ Exchange. It employs 726 people. To learn more about Docebo Inc call Alessio Artuffo at 800 681 4601 or check out https://www.docebo.com.

Docebo Quarterly Total Revenue

60.94 Million

Docebo Inc Investment Alerts

Docebo Inc generated a negative expected return over the last 90 days
About 44.0% of the company shares are held by company insiders
Latest headline from news.google.com: Will Docebo Beat Estimates Again in Its Next Earnings Report - Yahoo Finance

Docebo Largest EPS Surprises

Earnings surprises can significantly impact Docebo's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
2024-08-08
2024-06-300.170.15-0.0211 
2024-02-23
2023-12-310.080.10.0225 
2023-03-09
2022-12-310.030.050.0266 
View All Earnings Estimates

Docebo Environmental, Social, and Governance (ESG) Scores

Docebo's ESG score is a quantitative measure that evaluates Docebo's performance and commitment regarding environmental, social, and governance (ESG) factors. These scores are becoming increasingly crucial in investment decision-making processes, providing insights into non-financial aspects of Docebo's operations that may have significant financial implications and affect Docebo's stock price as well as guide investors towards more socially responsible investments.

Docebo Stock Institutional Investors

Shares
Beutel, Goodman & Company Ltd.2025-06-30
248.6 K
Connor Clark & Lunn Inv Mgmt Ltd2025-06-30
246.9 K
Fidelity International Ltd2025-06-30
193.9 K
Penderfund Capital Management Ltd2025-06-30
151.9 K
Tfj Management, Llc2025-06-30
147.1 K
Millennium Management Llc2025-06-30
133.2 K
Man Group Plc2025-06-30
131.7 K
Bank Of America Corp2025-06-30
119.5 K
Goldman Sachs Group Inc2025-06-30
114.1 K
Warburg Pincus Llc2025-06-30
3.6 M
Long Path Partners, Lp2025-06-30
1.2 M
Note, although Docebo's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Docebo Market Capitalization

The company currently falls under 'Small-Cap' category with a current market capitalization of 548.21 M.

Docebo Profitablity

The company has Profit Margin (PM) of 0.1 %, which maeans that even a very small decline in it revenue will erase profits resulting in a net loss. This is way below average. Similarly, it shows Operating Margin (OM) of 0.13 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.13.
Last ReportedProjected for Next Year
Return On Tangible Assets 0.15  0.14 
Return On Capital Employed 0.39  0.57 
Return On Assets 0.14  0.13 
Return On Equity 0.53  0.30 

Management Efficiency

Docebo Inc has return on total asset (ROA) of 0.0934 % which means that it generated a profit of $0.0934 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.4999 %, meaning that it created $0.4999 on every $100 dollars invested by stockholders. Docebo's management efficiency ratios could be used to measure how well Docebo manages its routine affairs as well as how well it operates its assets and liabilities. As of the 5th of February 2026, Return On Capital Employed is likely to grow to 0.57, while Return On Tangible Assets are likely to drop 0.14. At this time, Docebo's Net Tangible Assets are very stable compared to the past year. As of the 5th of February 2026, Non Current Assets Total is likely to grow to about 44 M, while Total Assets are likely to drop about 170.9 M.
Last ReportedProjected for Next Year
Book Value Per Share 1.72  2.26 
Tangible Book Value Per Share 1.26  2.08 
Enterprise Value Over EBITDA 41.63  43.71 
Price Book Value Ratio 21.08  22.13 
Enterprise Value Multiple 41.63  43.71 
Price Fair Value 21.08  22.13 
Enterprise Value1.5 B1.6 B
Docebo's management has consistently demonstrated strong leadership, driving both financial growth and operational excellence. By analyzing current market trends and future growth opportunities, we assess the stock's true value and potential for investors.
Operating Margin
0.1338
Profit Margin
0.0954
Beta
0.977
Return On Assets
0.0934
Return On Equity
0.4999

Technical Drivers

As of the 5th of February, Docebo shows the Mean Deviation of 1.59, standard deviation of 2.06, and Coefficient Of Variation of (590.28). Docebo Inc technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the firm's future prices.

Docebo Inc Price Movement Analysis

The output start index for this execution was fourty-nine with a total number of output elements of twelve. The Moving Average is predictive technique used to analyze Docebo Inc price data points by creating a series of averages of different subsets of Docebo entire price series.

Docebo Outstanding Bonds

Docebo issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Docebo Inc uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Docebo bonds can be classified according to their maturity, which is the date when Docebo Inc has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.

Docebo Predictive Daily Indicators

Docebo intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Docebo stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

Docebo Corporate Filings

3rd of February 2026
Other Reports
ViewVerify
6K
29th of January 2026
A report filed by foreign private issuers with SEC. A foreign private issuer is a non-U.S. company with securities traded on U.S. exchanges.
ViewVerify
13A
5th of January 2026
The form used by investors holding more than 5% of a company's stock, to report their beneficial ownership pursuant to Rule 13d-1 or Rule 13d-2 under the Securities Exchange Act of 1934
ViewVerify
6K
7th of November 2025
A report filed by foreign private issuers with SEC. A foreign private issuer is a non-U.S. company with securities traded on U.S. exchanges.
ViewVerify
6K
8th of August 2025
A report filed by foreign private issuers with SEC. A foreign private issuer is a non-U.S. company with securities traded on U.S. exchanges.
ViewVerify
6K
10th of June 2025
A report filed by foreign private issuers with SEC. A foreign private issuer is a non-U.S. company with securities traded on U.S. exchanges.
ViewVerify
6K
21st of May 2025
A report filed by foreign private issuers with SEC. A foreign private issuer is a non-U.S. company with securities traded on U.S. exchanges.
ViewVerify
13A
14th of May 2025
An amended filing to the original Schedule 13G
ViewVerify

Docebo Forecast Models

Docebo's time-series forecasting models are one of many Docebo's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Docebo's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

Docebo Bond Ratings

Docebo Inc financial ratings play a critical role in determining how much Docebo have to pay to access credit markets, i.e., the amount of interest on their issued debt. The threshold between investment-grade and speculative-grade ratings has important market implications for Docebo's borrowing costs.
Piotroski F Score
6
HealthyView
Beneish M Score
(3.02)
Unlikely ManipulatorView

Docebo Inc Debt to Cash Allocation

As Docebo Inc follows its natural business cycle, the capital allocation decisions will not magically go away. Docebo's decision-makers have to determine if most of the cash flows will be poured back into or reinvested in the business, reserved for other projects beyond operational needs, or paid back to stakeholders and investors.
Docebo Inc currently holds 1.5 M in liabilities with Debt to Equity (D/E) ratio of 0.02, which may suggest the company is not taking enough advantage from borrowing. Docebo Inc has a current ratio of 3.23, suggesting that it is liquid enough and is able to pay its financial obligations when due. Note, when we think about Docebo's use of debt, we should always consider it together with its cash and equity.

Docebo Common Stock Shares Outstanding Over Time

Docebo Assets Financed by Debt

The debt-to-assets ratio shows the degree to which Docebo uses debt to finance its assets. It includes both long-term and short-term borrowings maturing within one year. It also includes both tangible and intangible assets, such as goodwill.

Docebo Debt Ratio

    
  0.86   
It appears that most of the Docebo's assets are financed through equity. Typically, companies with high debt-to-asset ratios are said to be highly leveraged. The higher the ratio, the greater risk will be associated with the Docebo's operation. In addition, a high debt-to-assets ratio may indicate a low borrowing capacity of Docebo, which in turn will lower the firm's financial flexibility.

Docebo Corporate Bonds Issued

Docebo Short Long Term Debt Total

Short Long Term Debt Total

1.28 Million

At this time, Docebo's Short and Long Term Debt Total is very stable compared to the past year.

About Docebo Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how Docebo prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Docebo shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Docebo. By using and applying Docebo Stock analysis, traders can create a robust methodology for identifying Docebo entry and exit points for their positions.
Last ReportedProjected for Next Year
Pretax Profit Margin 0.10  0.10 
Operating Profit Margin 0.09  0.09 
Net Profit Margin 0.11  0.12 
Gross Profit Margin 0.73  0.63 

Current Docebo Analysis - Recommendations

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Docebo analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Docebo analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target PriceConsensus# of Analysts
33.18Buy10Odds
Docebo Inc current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Docebo analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Docebo stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Docebo Inc, talking to its executives and customers, or listening to Docebo conference calls.
Docebo Analyst Advice Details

Docebo Stock Analysis Indicators

Docebo Inc stock analysis indicators help investors evaluate how Docebo stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Docebo shares will generate the highest return on investment. By understating and applying Docebo stock analysis, traders can identify Docebo position entry and exit signals to maximize returns.
Begin Period Cash Flow72 M
Common Stock Shares Outstanding30.9 M
Total Stockholder Equity57.8 M
Total Cashflows From Investing Activities-1.5 M
Tax Provision-3 M
Quarterly Earnings Growth Y O Y0.313
Property Plant And Equipment Net3.1 M
Cash And Short Term Investments92.6 M
Cash92.5 M
Accounts Payable34.9 M
Net Debt-91 M
50 Day M A21.0625
Total Current Liabilities128.6 M
Other Operating Expenses195.6 M
Non Current Assets Total36.5 M
Forward Price Earnings13.7931
Non Currrent Assets Other12.6 M
Stock Based Compensation7.3 M
When determining whether Docebo Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Docebo's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Docebo Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Docebo Inc Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Docebo Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
You can also try the Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.
Will Application Software sector continue expanding? Could Docebo diversify its offerings? Factors like these will boost the valuation of Docebo. Projected growth potential of Docebo fundamentally drives upward valuation adjustments. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every Docebo data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Quarterly Earnings Growth
0.313
Earnings Share
0.73
Revenue Per Share
7.972
Quarterly Revenue Growth
0.112
Return On Assets
0.0934
Docebo Inc's market price often diverges from its book value, the accounting figure shown on Docebo's balance sheet. Smart investors calculate Docebo's intrinsic value - its true economic worth - which may differ significantly from both market price and book value. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. Since Docebo's trading price responds to investor sentiment, macroeconomic conditions, and market psychology, it can swing far from fundamental value.
It's important to distinguish between Docebo's intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding Docebo should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. However, Docebo's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.