BMO lifts target for The Descartes Systems Group stock to USD 90.00

Published on 10/15/2026 at 20:34 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

On October 13, 2026, BMO lifted its target to USD 90.00. The Descartes Systems Group stock costs EUR 78.45 on October 15, 2026 at 10:31 p.m. CEST.

Analyst target and market position

BMO Capital lifted its target from USD 82.00 to USD 90.00 on October 13, 2026.
The Descartes Systems Group had a market capitalization of USD 7.5 billion and a P/E ratio of 40.98 on October 15, 2026.
The Descartes Systems Group stock costs EUR 78.45 at Lang & Schwarz on October 15, 2026 at 10:31 p.m. CEST.
Manhattan Associates traded up 2.74 percent with a P/E ratio of 64.74 on October 15, 2026.

DSGX, CA2499061083, Illustration mit AI erstellt.

BMO Capital raised its target for The Descartes Systems Group from USD 82.00 to USD 90.00 on October 13, 2026, while maintaining a Market Perform rating, according to Markets Insider. The target stood 2.08 percent above the USD 88.16 Nasdaq price on October 15, 2026. The Descartes Systems Group stock was trading at EUR 78.45 at Lang & Schwarz on October 15, 2026 at 10:31 p.m. CEST.

Revenue growth supports the target

The company reported revenue of USD 201.11 million for the second quarter of fiscal 2027, compared with USD 193.62 million in the first quarter. Operating profit reached USD 65.47 million in the second quarter, up from USD 62.53 million in the first quarter. Diluted earnings per share increased from USD 0.55 to USD 0.57 across those periods.

Stock stays below its yearly high

The Nasdaq quote stood at USD 88.16 on October 15, 2026 at 2:33 p.m. EDT, with 483,376 shares traded against an average volume of 591,518. The 52-week range was USD 62.56 to USD 97.71, placing the price 9.77 percent below the high. Market capitalization was USD 7.5 billion and the P/E ratio was 40.98 on the same date.

Software peers trade at different valuations

Comparison with peers

DSGX: P/E 40.98, market capitalization USD 7.5 billion.
Manhattan Associates (Nasdaq, USD): plus 2.74 percent, P/E 64.74, market capitalization USD 13.2 billion.
SAP (NYSE, USD): plus 2.09 percent, P/E 29.60, market capitalization USD 262.3 billion.

Upcoming dates matter for valuation

The investor-relations page identifies adjusted earnings before interest, taxes, depreciation and amortization growth and cash generation as key shareholder metrics. The latest reported quarter ended July 31, 2026, and the company describes its logistics network as connecting manufacturers, retailers, distributors, carriers and other trading partners. The next reporting date is not included in the company information reviewed here.

Market position in euros

The euro quotation gives German investors a separate market view from the Nasdaq listing. The target change and the company figures point to a stock valued on recurring software earnings, while the 52-week range leaves a measurable gap to the recent high.

The Descartes Systems Group stock was trading at EUR 78.45 at Lang & Schwarz on October 15, 2026 at 10:31 p.m. CEST. The further course of trading is shown by the continuously updated real-time quote of The Descartes Systems Group stock.