DSGX Similar Chart Price Prediction
The price of DSGX is predicted to go up -3.5%, based on the high correlation periods with FATE. The similarity of these two price pattern on the periods is 94.4%.
DSGX
FATE
Down: -3.5%Similarity: 94.4%
DSGX Revenue Forecast
DSGX EPS Forecast
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DSGX VS S&P500
Descartes operates the largest neutral shipping network, connecting parties across air, land, and sea transportation modes.
The company enjoys a growing portfolio of software solutions that address challenges specific to the shipping, supply chain, and logistics industries.
Increasing globalization of the supply chain drives increasing complexity, which benefits Descartes.
DSGX Analyst's Forecast
Mark Schappel
Loop Capital
Strong Buy
2024-12-17
Price Target
$140
Upside
+17.4%
Loop Capital analyst Mark Schappel initiated coverage of Descartes Systems with a Buy rating and $140 price target. The recommendation is a play on the tariff theme that is a core tenet of a Trump Presidency, where the new administration is set on restructuring trade agreements and leveraging tariffs as a protectionist measure to boost U.S. manufacturing, the analyst tells investors in a research note. Trade-related regulatory changes and increasing trade friction add complexity to transporting goods across international borders, which historically have been a boon to global trade automation vendors like Descartes that help logistic-intensive businesses streamline common tasks related to import/export processes, such as generating trade documentation, screening restricted party lists, customs filings, and calculating duty and tariffs, the firm adds.
Paul Treiber
RBC Capital
Buy
2024-11-29
Price Target
$115 → $133
Upside
+13.8%
Raimo Lenschow
Barclays
Sell → Hold
2024-11-15
Price Target
$88 → $125
Upside
+12.2%
