Docebo Approves $60B Share Buyback Program
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 29 2026
0mins
Should l Buy DCBO?
Source: seekingalpha
- Buyback Program: Docebo's board has approved a substantial issuer bid to repurchase up to $60 billion of its common shares at $20.40 each, aiming to buy back approximately 10.23% of outstanding shares, thereby enhancing earnings per share and shareholder value.
- Funding Sources: The company intends to fund the buyback through approximately $30 billion in cash and a $30 billion drawdown on its credit facility, which has been conditionally approved by lenders, ensuring liquidity for ongoing operations.
- Financial Expectations: For Q4 2025, total revenue is projected to be between $62.7 million and $63 million, reflecting a 10% to 11% increase year-over-year, while adjusted EBITDA is expected to range from $12.9 million to $13.2 million, marking a 36% to 39% growth, indicating sustained profitability improvements.
- Future Outlook: The company anticipates total revenue for FY 2026 to be between $267.5 million and $269.5 million, with adjusted EBITDA expected between $52.5 million and $54.5 million, suggesting continued investment in growth areas, particularly through strategic acquisitions.
Trade with 70% Backtested Accuracy
Stop guessing "Should I Buy DCBO?" and start using high-conviction signals backed by rigorous historical data.
Sign up today to access powerful investing tools and make smarter, data-driven decisions.
Analyst Views on DCBO
Wall Street analysts forecast DCBO stock price to rise
9 Analyst Rating
8 Buy
1 Hold
0 Sell
Strong Buy
Current: 17.910
Low
28.00
Averages
34.13
High
40.00
Current: 17.910
Low
28.00
Averages
34.13
High
40.00
About DCBO
Docebo Inc. is a provider of learning platforms with a foundation in artificial intelligence (AI) and innovation. The Company is redefining the way enterprises leverage technology to create and manage content, deliver training, and measure the business impact of their learning programs. Its learning platform includes capabilities, such as learning management and delivery, content marketplace, insights, learning evaluation, advanced analytics, communities, ecommerce, integrations, headless learning, and AI authoring. Its end-to-end learning platform, organizations worldwide are equipped to deliver scaled, personalized learning across all their audiences and use cases, driving growth and powering their business. Its learning platform leverages artificial intelligence and a high-performance workflow engine to save time, handle repetitive tasks, and automate processes. It serves small and medium-sized businesses to large globally distributed enterprises in a wide variety of industries.
About the author

Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
- Earnings Growth: Docebo Inc. reported fourth-quarter earnings of $26.85 million, translating to $0.91 per share, a significant increase from last year's $11.91 million and $0.38 per share, indicating strong market performance and enhanced profitability.
- Adjusted Earnings: Excluding items, Docebo's adjusted earnings stood at $13.26 million, or $0.45 per share, demonstrating the company's success in cost control and operational efficiency improvements.
- Revenue Increase: The company's revenue rose by 10.5% year-over-year to $63.03 million, up from $57.04 million last year, reflecting sustained demand for its products and services in the market.
- Future Guidance: Docebo's revenue guidance for the next quarter is set between $63.5 million and $63.7 million, showcasing the company's confidence in future growth and providing a positive outlook for investors.
See More
- Strong Earnings: Docebo reported a Q4 GAAP EPS of $0.91, exceeding expectations by $0.61, indicating a significant improvement in profitability and enhancing its competitive position in the market.
- Revenue Growth: The company achieved Q4 revenue of $63.04 million, reflecting a 10.5% year-over-year increase and surpassing market expectations by $0.42 million, showcasing success in customer acquisition and market expansion.
- Future Guidance: For fiscal year 2026, Docebo projects subscription revenue between $251.5 million and $253.5 million, with total revenue expected between $267.5 million and $269.5 million, demonstrating confidence in future growth prospects.
- Adjusted EBITDA: The anticipated adjusted EBITDA for 2026 is between $52.5 million and $54.5 million, indicating effective strategies in cost control and profitability enhancement.
See More
- Earnings Announcement: Docebo is set to release its Q4 earnings on February 27 before market open, with a consensus EPS estimate of $0.36, reflecting a robust 28.6% year-over-year growth, indicating sustained profitability.
- Revenue Growth Expectations: The anticipated revenue for Q4 stands at $62.62 million, representing a 9.8% year-over-year increase, showcasing Docebo's positive performance in market demand and customer base expansion, further solidifying its industry position.
- Consistent Outperformance: Over the past two years, Docebo has consistently beaten EPS and revenue estimates 100% of the time, enhancing investor confidence and demonstrating the company's exceptional financial management and market forecasting capabilities.
- Upward Revision Trends: In the last three months, EPS estimates have seen two upward revisions, while revenue estimates have experienced seven upward revisions, reflecting analysts' optimistic outlook on the company's future growth, potentially attracting more investor interest.
See More
- Buyback Program: Docebo's board has approved a substantial issuer bid to repurchase up to $60 billion of its common shares at $20.40 each, aiming to buy back approximately 10.23% of outstanding shares, thereby enhancing earnings per share and shareholder value.
- Funding Sources: The company intends to fund the buyback through approximately $30 billion in cash and a $30 billion drawdown on its credit facility, which has been conditionally approved by lenders, ensuring liquidity for ongoing operations.
- Financial Expectations: For Q4 2025, total revenue is projected to be between $62.7 million and $63 million, reflecting a 10% to 11% increase year-over-year, while adjusted EBITDA is expected to range from $12.9 million to $13.2 million, marking a 36% to 39% growth, indicating sustained profitability improvements.
- Future Outlook: The company anticipates total revenue for FY 2026 to be between $267.5 million and $269.5 million, with adjusted EBITDA expected between $52.5 million and $54.5 million, suggesting continued investment in growth areas, particularly through strategic acquisitions.
See More
- Buyback Plan Overview: Docebo announced a substantial issuer bid to repurchase up to $60 million of its common shares at $20.40 each, representing approximately 10.23% of outstanding shares, aimed at enhancing shareholder value and reflecting the company's true worth.
- Funding Sources: The company plans to fund the buyback through $30 million in cash and a $30 million drawdown on its credit facility, with conditional approval to increase the credit facility from $50 million to $100 million, ensuring sufficient liquidity for future investments.
- Financial Performance Forecast: Total revenue for Q4 2025 is expected to range between $62.7 million and $63 million, reflecting a 10% to 11% increase year-over-year, while adjusted EBITDA is projected to be between $12.9 million and $13.2 million, indicating a 36% to 39% growth, showcasing the company's ongoing profitability and growth potential.
- Future Outlook: Docebo anticipates total revenue for 2026 to reach between $267.5 million and $269.5 million, with adjusted EBITDA expected between $52.5 million and $54.5 million, demonstrating the company's confidence in future growth and commitment to strategic investments.
See More
- Launch of Practice Exams: Google is introducing free SAT practice exams within the Gemini app, utilizing rigorously vetted content developed in partnership with The Princeton Review, aimed at enhancing users' exam preparation efficiency.
- Immediate Feedback Mechanism: After completing the practice tests, Gemini provides immediate feedback, helping students identify strengths and weaknesses, thereby optimizing their study strategies and improving their chances of passing the exam.
- Impact on Education Stocks: This initiative by Google could impact education stocks such as Coursera, Nerdy, and Duolingo, particularly intensifying competition in the online learning and test preparation sectors.
- Positive Market Reaction: Alphabet's stock has gained positive traction, rising 1.59% due to the launch of this new feature, indicating market recognition and anticipation of its educational technology strategy.
See More







