Fintel reports that on January 12, 2026, Barclays upgraded their outlook for Descartes Systems Group (NasdaqGS:DSGX) from Equal-Weight to Overweight.
Analyst Price Forecast Suggests 12.97% Upside
As of September 30, 2025, the average one-year price target for Descartes Systems Group is $98.80/share. The forecasts range from a low of $97.83 to a high of $101.71. The average price target represents an increase of 12.97% from its latest reported closing price of $87.46 / share.
See our leaderboard of companies with the largest price target upside.
The projected annual revenue for Descartes Systems Group is 624MM, a decrease of 11.33%. The projected annual non-GAAP EPS is 1.83, a decrease of 2.37% from the prior forecast.
What is the Fund Sentiment?
There are 661 funds or institutions reporting positions in Descartes Systems Group. This is an decrease of 7 owner(s) or 1.05% in the last quarter. Average portfolio weight of all funds dedicated to DSGX is 0.34%, an increase of 11.76%. Total shares owned by institutions decreased in the last three months by 4.77% to 77,049K shares. 
The put/call ratio of DSGX is 0.11, indicating a bullish outlook.
What are Other Shareholders Doing?
Price T Rowe Associates holds 7,769K shares representing 9.04% ownership of the company. In its prior filing, the firm reported owning 8,561K shares , representing a decrease of 10.18%. The firm decreased its portfolio allocation in DSGX by 20.54% over the last quarter.
Mackenzie Financial holds 3,315K shares representing 3.86% ownership of the company. In its prior filing, the firm reported owning 3,945K shares , representing a decrease of 18.98%. The firm decreased its portfolio allocation in DSGX by 27.22% over the last quarter.
Fiera Capital holds 2,976K shares representing 3.46% ownership of the company. In its prior filing, the firm reported owning 2,700K shares , representing an increase of 9.28%. The firm decreased its portfolio allocation in DSGX by 44.10% over the last quarter.
Conestoga Capital Advisors holds 2,635K shares representing 3.06% ownership of the company. In its prior filing, the firm reported owning 2,688K shares , representing a decrease of 1.99%. The firm decreased its portfolio allocation in DSGX by 1.28% over the last quarter.
Jarislowsky, Fraser holds 2,483K shares representing 2.89% ownership of the company. In its prior filing, the firm reported owning 2,605K shares , representing a decrease of 4.90%. The firm decreased its portfolio allocation in DSGX by 14.81% over the last quarter.
Fintel is one of the most comprehensive investing research platforms available to individual investors, traders, financial advisors, and small hedge funds.
Our data covers the world, and includes fundamentals, analyst reports, ownership data and fund sentiment, options sentiment, insider trading, options flow, unusual options trades, and much more. Additionally, our exclusive stock picks are powered by advanced, backtested quantitative models for improved profits.
This story originally appeared on Fintel.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
