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Technology - Software - Application - NASDAQ - CA
$ 26.19
-1.17 %
$ 776 M
Market Cap
35.39
P/E
1. INTRINSIC VALUE

This DCF valuation model was last updated on Jun, 21, 2025.

The intrinsic value of one DCBO stock under the worst case scenario is HIDDEN Compared to the current market price of 26.2 USD, Docebo Inc. is HIDDEN

This DCF valuation model was last updated on Jun, 21, 2025.

The intrinsic value of one DCBO stock under the base case scenario is HIDDEN Compared to the current market price of 26.2 USD, Docebo Inc. is HIDDEN

This DCF valuation model was last updated on Jun, 21, 2025.

The intrinsic value of one DCBO stock under the best case scenario is HIDDEN Compared to the current market price of 26.2 USD, Docebo Inc. is HIDDEN

2. FUNDAMENTAL ANALYSIS

Price Chart DCBO

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$50.0$50.0$45.0$45.0$40.0$40.0$35.0$35.0$30.0$30.0$25.0$25.0Jan '25Jan '2515 Jan15 JanFeb '25Feb '2515 Feb15 FebMar '25Mar '2515 Mar15 MarApr '25Apr '2515 Apr15 AprMay '25May '2515 May15 MayJun '25Jun '2515 Jun15 Jun
FINANCIALS
217 M REVENUE
19.96%
21.3 M OPERATING INCOME
357.60%
26.7 M NET INCOME
841.41%
29.2 M OPERATING CASH FLOW
83.22%
-1.5 M INVESTING CASH FLOW
84.30%
-6.84 M FINANCING CASH FLOW
95.47%
57.3 M REVENUE
0.45%
1.71 M OPERATING INCOME
-78.17%
1.47 M NET INCOME
-87.62%
7.94 M OPERATING CASH FLOW
-18.32%
-298 K INVESTING CASH FLOW
-5.41%
-8.8 M FINANCING CASH FLOW
-438.20%
Balance Sheet Docebo Inc.
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Current Assets 154 M
Cash & Short-Term Investments 92.6 M
Receivables 45.6 M
Other Current Assets 16.1 M
Non-Current Assets 36.5 M
Long-Term Investments 0
PP&E 3.13 M
Other Non-Current Assets 33.3 M
48.55 %23.91 %8.42 %17.48 %Total Assets$190.7m
Current Liabilities 129 M
Accounts Payable 34.9 M
Short-Term Debt 1.34 M
Other Current Liabilities 92.4 M
Non-Current Liabilities 4.35 M
Long-Term Debt 154 K
Other Non-Current Liabilities 4.2 M
26.22 %69.50 %3.16 %Total Liabilities$133.0m
EFFICIENCY
Earnings Waterfall Docebo Inc.
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Revenue 217 M
Cost Of Revenue 41.3 M
Gross Profit 176 M
Operating Expenses 154 M
Operating Income 21.3 M
Other Expenses -5.44 M
Net Income 26.7 M
250m250m200m200m150m150m100m100m50m50m00217m(41m)176m(154m)21m5m27mRevenueRevenueCost Of RevenueCost Of RevenueGross ProfitGross ProfitOperating ExpensesOperating ExpensesOperating IncomeOperating IncomeOther ExpensesOther ExpensesNet IncomeNet Income
RATIOS
80.96% GROSS MARGIN
80.96%
9.82% OPERATING MARGIN
9.82%
12.32% NET MARGIN
12.32%
46.29% ROE
46.29%
14.02% ROA
14.02%
37.83% ROIC
37.83%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis Docebo Inc.
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30m30m25m25m20m20m15m15m10m10m5m5m00(5m)(5m)201720172018201820192019202020202021202120222022202320232024202420252025
Net Income 26.7 M
Depreciation & Amortization 3.22 M
Capital Expenditures -1.24 M
Stock-Based Compensation 7.33 M
Change in Working Capital 1.04 M
Others -544 K
Free Cash Flow 28 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets Docebo Inc.
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Wall Street analysts predict an average 1-year price target for DCBO of $48 , with forecasts ranging from a low of $41 to a high of $55 .
DCBO Lowest Price Target Wall Street Target
41 USD 56.55%
DCBO Average Price Target Wall Street Target
48 USD 83.28%
DCBO Highest Price Target Wall Street Target
55 USD 110.00%
Price
Max Price Target
Min Price Target
Average Price Target
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4. DIVIDEND ANALYSIS
5. COMPETITION
slide 2 of 18
6. Ownership
Insider Ownership Docebo Inc.
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Sold
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0 USD 0
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0 USD 0
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7. News
Docebo Inc. Announces Voting Results from its Annual General Meeting of Shareholders TORONTO--(BUSINESS WIRE)--Docebo Inc. (NASDAQ: DCBO; TSX: DCBO) (“Docebo” or the “Company”) announced today the results of voting at its annual general meeting of shareholders held on June 10, 2025 (the “Meeting”). Each of the seven nominees listed in the Company's management information circular dated April 7, 2025 provided in connection with the Meeting were elected as directors of the Company. Docebo received proxies and virtual votes at the Meeting as set out below: Nominee Votes For % of V. businesswire.com - 2 weeks ago
Docebo Named to Newsweek's 2025 Global Most Loved Workplaces® List TORONTO--(BUSINESS WIRE)--Docebo Inc. (NASDAQ: DCBO; TSX: DCBO), a leading learning platform provider with a foundation in artificial intelligence (AI) and innovation, today announced its inclusion on Newsweek's 2025 Global Most Loved Workplaces® list. This recognition reflects Docebo's dedication to cultivating a culture where employees feel deeply connected, respected, and empowered to grow. The Global Most Loved Workplaces® list, produced in collaboration with the Best Practice Institute (BP. businesswire.com - 1 month ago
Docebo Achieves FedRAMP Moderate Authorization, Enabling Secure, Scalable Learning for U.S. Federal Agencies TORONTO--(BUSINESS WIRE)--Docebo Inc. (NASDAQ: DCBO, TSX: DCBO), a leading learning platform provider with a foundation in artificial intelligence (AI) and innovation, today announced that its LearnGov platform has achieved FedRAMP® Moderate Authorization, authorizing its use across U.S. federal agencies. This milestone reflects Docebo's commitment to the public sector and deploying cloud-based, secure, and compliant e-learning programs aligned with federal cybersecurity standards. With its lis. businesswire.com - 1 month ago
Docebo Inc. (DCBO) Q1 2025 Earnings Call Transcript Docebo Inc. (NASDAQ:DCBO ) Q1 2025 Earnings Conference Call May 9, 2025 8:00 AM ET Company Participants Mike McCarthy - Vice President, Investor Relations Alessio Artuffo - Chief Executive Officer Brandon Farber - Chief Financial Officer Conference Call Participants Suthan Sukumar - Stifel Robert Young - Canaccord Genuity George Sutton - Craig-Hallum Capital Group Matt Shea - Needham & Company Josh Baer - Morgan Stanley Stephanie Price - CIBC Richard Tse - National Bank Gavin Fairweather - Cormark Yi Fu Lee - Cantor Fitzgerald Operator Good morning, everyone, and welcome to the Docebo Q1 2025 Earnings Call. All participants are currently in listen-only mode. seekingalpha.com - 1 month ago
Docebo Inc. (DCBO) Tops Q1 Earnings and Revenue Estimates Docebo Inc. (DCBO) came out with quarterly earnings of $0.27 per share, beating the Zacks Consensus Estimate of $0.21 per share. This compares to earnings of $0.23 per share a year ago. zacks.com - 1 month ago
Docebo Reports First Quarter 2025 Results TORONTO--(BUSINESS WIRE)--Docebo Inc. (NASDAQ: DCBO; TSX:DCBO) (“Docebo” or the “Company”), a leading learning platform provider with a foundation in artificial intelligence (AI) and innovation, announced financial results for the three months ended March 31, 2025. All amounts are expressed in US dollars unless otherwise stated. “We are pleased to report that our Q1 results exceeded guidance on both revenue and profitability,” said Alessio Artuffo, President and CEO. “Last month at Docebo Inspi. businesswire.com - 1 month ago
Docebo Announces Participation in Upcoming Investor Conferences in May & June TORONTO--(BUSINESS WIRE)--Docebo Inc. (NASDAQ: DCBO, TSX: DCBO), a leading learning platform provider with a foundation in artificial intelligence (AI) and innovation, announced today that members of its management team will present at the following investor and software industry conferences in May 2025: May 2025: 20th Annual Needham Technology, Media, & Consumer Conference - May 12th - Virtual CIBC's Technology & Innovation Conference 13.0 - May 22nd - Toronto Jefferies Software &. businesswire.com - 1 month ago
Docebo Achieves FedRAMP® Moderate Authority to Operate (ATO), Expanding Ability to Provide Secure Learning Capabilities to US Federal Agencies TORONTO--(BUSINESS WIRE)--Docebo Inc. (Nasdaq:DCBO; TSX:DCBO) ("Docebo" or the "Company"), a leading learning platform provider with a foundation in artificial intelligence (AI) and innovation, today announced that it is now listed in the FedRAMP® marketplace at the Moderate impact level after receiving Agency Authority to Operate (ATO). The attainment of this milestone underscores Docebo's commitment to delivering secure, scalable, and compliant eLearning solutions to U.S. federal agencies and. businesswire.com - 2 months ago
Docebo to Host First Quarter Fiscal 2025 Conference Call TORONTO--(BUSINESS WIRE)--Docebo Inc. (Nasdaq:DCBO; TSX:DCBO) ("Docebo" or the "Company"), a leading learning platform provider with a foundation in artificial intelligence (AI) and innovation, announced today that it will hold a conference call to discuss its first quarter fiscal year 2025 results on Friday, May 9, 2025 at 8:00 a.m. (ET). Alessio Artuffo, President and Chief Executive Officer, and Brandon Farber, Chief Financial Officer will host a live question and answer session to discuss t. businesswire.com - 2 months ago
Docebo Unveils AI-First Learning Platform at Docebo Inspire 2025 ORLANDO, Fla.--(BUSINESS WIRE)--Docebo Inc. (NASDAQ: DCBO, TSX: DCBO), ("Docebo" or the "Company"), a leading learning platform provider with a foundation in artificial intelligence (AI) and innovation, today unveiled its product and technology roadmap to become an AI-First learning platform, during its flagship event, Docebo Inspire 2025. The Company announced a portfolio of AI innovations designed to revolutionize corporate learning, including: AI Creator and AI Video Presenter, now available. businesswire.com - 2 months ago
Docebo Announces Brandon Farber As Chief Financial Officer TORONTO--(BUSINESS WIRE)--Docebo Inc. (Nasdaq:DCBO; TSX:DCBO) ("Docebo" or the "Company"), a leading learning platform provider with a foundation in artificial intelligence (AI) and innovation, announced today Brandon Farber, who had been serving as Interim Chief Financial Officer since March 1, 2025, has been promoted to Chief Financial Officer, effective immediately. Mr. Farber brings over 15 years of cross-functional experience spanning technology, private equity, and venture capital to the. businesswire.com - 2 months ago
Docebo Certified as Diamond Level Smartchoice® Preferred Provider by Brandon Hall Group Brandon Hall Group, the leader in Empowering, Recognizing and Certifying Excellence in HCM recently announced that Docebo is certified as a Diamond Level Smartchoice® Preferred Solution Provider. Confirming that Docebo delivers industry-leading solutions for learning and the future of work. Brandon Hall Group, the leader in Empowering, Recognizing and Certifying Excellence in HCM recently announced that Docebo is certified as a Diamond Level Smartchoice® Preferred Solution Provider. Confirming that Docebo delivers industry-leading solutions for learning and the future of work. globenewswire.com - 3 months ago
8. Profile Summary

Docebo Inc. DCBO

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COUNTRY CA
INDUSTRY Software - Application
MARKET CAP $ 776 M
Dividend Yield 0.00%
Description 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. Its platform helps customers to centralize learning materials from peer enterprises and learners into one learning management system (LMS) to expedite and enrich the learning process, increase productivity, and grow teams uniformly. The company's learning platform includes Docebo Learn LMS, a cloud-based learning platform; Docebo Shape, an AI-based learning content creation tool; Docebo Content that allows to unlock the industry's best-learning content; Docebo Learning Impact, a learning measurement tool; Docebo Learning Analytics that allows learning administrators to prove their learning programs are powering their business, as well as connecting learning data to business results; Docebo Connect that connects Docebo to custom tech stack and making integrations; and Docebo Flow that allows businesses to directly inject learning into the flow of work. It also provides Docebo for Salesforce, a native integration that leverages Salesforce's application programming interface and technology architecture to produce a learning experience; and Docebo Embed (OEM) that allows original equipment manufacturers to embed and re-sell Docebo as a part of their software. In addition, the company offers Docebo Mobile App Publisher product that allows companies to create and publish own branded version of Docebo Go.Learn mobile learning applications; Docebo Extended Enterprise that breeds customer education, partner enablement, and retention; and Docebo Discover, Coach & Share that enhances the learning experience to create a culture of social learning. It serves customers in the technology, media, manufacturing, consulting and professional services, and retail industries. The company was formerly known as Docebo Canada, Inc. Docebo Inc. founded in 2005 and is based in Toronto, Canada.
Contact 366 Adelaide Street West, Toronto, ON, M5V 1R9 https://www.docebo.com
IPO Date Dec. 3, 2020
Employees 991
Officers Mr. Riccardo LaRosa Chief Technology Officer Mr. Domenic Di Sisto Chief Legal Officer Mr. Michael W. McCarthy Vice President of Investor Relations Mr. Kyle Lacy Chief Marketing Officer Mr. Fabio Pirovano Chief Product Officer Mr. Alessio Artuffo Chief Executive Officer, President & Director Mr. Brandon Farber Chief Financial Officer Ms. Lauren Tropeano Chief People Officer Mr. Claudio Erba Chief Innovation Officer Mr. Greg Swift Chief Revenue Officer