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Docebo Inc. (DCBO.TO)

CAD25.22 -0.36 (-1.41%)
CA TSX Technology Software - Application
Address 55 York Street M5J 1R7
Toronto, ON, CA
CEO Alessio Artuffo
Website docebo.com
IPO 2019-10-09
ISIN CA25609L1058

Explore sections of this company profile

Also trades on NASDAQ Global Select · DCBO (USD) Toronto Stock Exchange · DCBO.TO (CAD)
Description

Docebo Inc. develops and provides learning management platform for training in Canada, the United States, and internationally. The company’s cloud platform consists of a learning suite, which includes Docebo Learn platform, a cloud-based learning platform that allows learning administrators to deliver personalized learning; Docebo Content Marketplace, an access to off-the-shelf learning content and provide predeveloped learning content; Insights module allows organizations to understand the results of learning programs with data visualizations; Learning Evaluation module to incorporate the learner’s perspective into analyses by collection of feedback; and Advanced Analytics Pack to integrate learning data into data ecosystem and BI tool. It also offers Communities module enabling interactive learner communities; eCommerce module that monetize from digital training contents, as well as manage and sells training offerings; eCommerce module to monetize training programs; Docebo Integrations; Headless Learning allows businesses to build learning experiences outside of the Docebo learning environment; Harmony Search, an AI-powered search capability. In addition, the company provides Docebo Creator enables organizations to design, scale, and deploy learning contents; Docebo for Salesforce, an integration of Salesforce’s APIs and technology architecture to deliver a learning experience within Salesforce workflows; Docebo Embed (OEM) enables original equipment manufacturers to embed and resell the Docebo learning platform; Docebo Branded Mobile App Publisher, allows organizations to create and distribute a branded version of Docebo’s mobile learning application; Docebo Extended Enterprise supports customer education, partner enablement, and retention by enabling organizations to train external audiences from a single LMS; and Docebo for Microsoft Teams. The company was founded in 2005 and is headquartered in Toronto, Canada.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
Averages
Trend
Price
Levels
Draw
CAD25.22 -0.36 (-1.41%)
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Volume Profile
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Liquidity & share structure
Average Volume
102.7K
Beta
0.76
Float Shares
12.73M
Free Float %
44.2%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
-8.49% -13.30% +17.49% -6.16% -27.52% -21.55% -33.92% -41.08% -60.53% +49.50% +49.50%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From To
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Annual Monthly Returns
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Daily Returns Distribution
vs.
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Analyst Consensus (10 ratings, all time) Buy
Price Targets & DCF
Current price
25.22
DCF (Unlevered) 80.12 +217.7%
DCF (Levered) 71.24 +182.5%

DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.

Ratings Trend (MoM) 83% Bullish
Rating 2026-05 Change
Strong Buy 4 0
Buy 6 0
Hold 2 0
Sell 0 0
Strong Sell 0 0
Quality scores
Altman Z-Score
1.11
Distress
Piotroski F-Score
6 / 9
Average
MOAT Score
6 / 10
Developing
Composite Rating
A
Overall Score
4 / 5
High
DCF Score
5 / 5
High
ROE Score
5 / 5
High
ROA Score
5 / 5
High
D/E Score
3 / 5
Medium
P/E Score
3 / 5
Medium
P/Book Score
1 / 5
Low
Operational MOAT
✗ Below peers
  • Revenue growth Software - Application: +13.0%
    +13.8% Q1'26: +12.7% (vs Q1'25)
  • EPS growth Software - Application: +28.6%
    +51.2% Q1'26: -216.4% (vs Q1'25)
  • FCF margin FCF growth · Software - Application: +45.3%
    +14.7% Q1'26: +37.1% (vs Q1'25)
  • EBIT margin Software - Application: +9.4%
    +10.1% Q1'26: -0.1% (vs Q1'25)
  • ROIC Software - Application: +7.5%
    +548.1% Q1'26: -0.7% (vs Q1'25)
  • Share dilution Software - Application: +0.0%
    -5.4% Q1'26: -9.2% (vs Q1'25)
  • Debt / EBITDA Net debt/EBITDA · Software - Application: -1.16×
    0.16× Q1'26: 11.32× (vs Q1'25)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (0.76) × ERP
WACC = 99% × Ke + 1% × Kd (14.4%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Intrinsic value (base): 80.12 Current price: 25.22
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Dec 2019
actual
Dec 2020
actual
Dec 2021
actual
Dec 2022
actual
Dec 2023
actual
Dec 2024
actual
Dec 2025
actual
Dec 2026
12 Rev. Ana.
6 EPS Ana.
Dec 2027
12 Rev. Ana.
8 EPS Ana.
Dec 2028
3 Rev. Ana.
1 EPS Ana.
Revenue
41.44M
est: 53.37M (-22.3%)
62.92M
est: 79.56M (-20.9%)
104.24M
est: 131.75M (-20.9%)
142.91M
est: 191.71M (-25.5%)
180.84M
est: 146.46M (+23.5%)
216.93M
est: 212.14M (+2.3%)
246.94M
est: 241.05M (+2.4%)
266.97M
266.17M – 267.93M
+10.8% YoY
295.31M
291.65M – 301.88M
+10.6% YoY
322.36M
319.80M – 326.68M
+9.2% YoY
EBITDA
-8.94M
est: -1.48M (-502.4%)
-6.04M
est: -2.21M (-172.9%)
-10.92M
est: -3.66M (-198.0%)
-15.71M
est: -5.33M (-194.7%)
8.28M
est: 54.09M (-84.7%)
27.28M
est: 78.35M (-65.2%)
28.15M
est: 89.03M (-68.4%)
98.60M
98.31M – 98.96M
+10.8% YoY
109.07M
107.72M – 111.50M
+10.6% YoY
119.06M
118.12M – 120.66M
+9.2% YoY
EBIT
-10.55M
est: -2.42M (-335.8%)
-7.25M
est: -3.61M (-100.7%)
-12.94M
est: -5.98M (-116.4%)
8.16M
est: -8.70M (+193.8%)
5.14M
est: 52.83M (-90.3%)
23.90M
est: 76.52M (-68.8%)
24.91M
est: 86.95M (-71.4%)
96.30M
96.01M – 96.65M
+10.8% YoY
106.52M
105.21M – 108.89M
+10.6% YoY
116.28M
115.36M – 117.84M
+9.2% YoY
Net Income
-11.91M
est: -14.41M (+17.3%)
-7.65M
est: -4.15M (-84.6%)
-13.60M
est: -12.20M (-11.5%)
7.02M
est: 832.8K (+742.7%)
2.84M
est: 11.87M (-76.1%)
26.74M
est: 27.74M (-3.6%)
38.17M
est: 37.17M (+2.7%)
47.69M
40.63M – 54.75M
+28.3% YoY
54.87M
42.83M – 66.91M
+15.1% YoY
70.03M
69.07M – 71.00M
+27.6% YoY
SGA
32.80M
est: 33.58M (-2.3%)
42.64M
est: 50.06M (-14.8%)
74.05M
est: 82.90M (-10.7%)
94.55M
est: 120.63M (-21.6%)
107.04M
est: 86.43M (+23.8%)
109.44M
est: 125.19M (-12.6%)
119.10M
est: 142.25M (-16.3%)
157.55M
157.07M – 158.12M
+10.8% YoY
174.27M
172.12M – 178.15M
+10.6% YoY
190.23M
188.73M – 192.78M
+9.2% YoY
EPS
-0.49
est: -0.46 (-5.6%)
-0.26
est: -0.13 (-94.8%)
-0.41
est: -0.39 (-4.4%)
0.21
est: 0.03 (+682.0%)
0.08
est: 0.40 (-80.1%)
0.88
est: 0.94 (-6.5%)
1.33
est: 1.26 (+5.5%)
1.64
1.38 – 1.86
+30.2% YoY
1.95
1.46 – 2.28
+18.6% YoY
2.38
2.35 – 2.42
+22.0% YoY
Recent Grade Changes (3M)
Date Firm Previous New Grade Action
2026-04-22 Cantor Fitzgerald Overweight Overweight Maintain
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-08 A 4/5 5/5 5/5 5/5 3/5 3/5 1/5
2026-05-07 A 4/5 5/5 5/5 5/5 3/5 3/5 1/5
2026-05-06 A 4/5 5/5 5/5 5/5 3/5 3/5 1/5
2026-05-05 A 4/5 5/5 5/5 5/5 3/5 3/5 1/5
2026-05-04 A 4/5 5/5 5/5 5/5 3/5 3/5 1/5
2026-05-01 A 4/5 5/5 5/5 5/5 3/5 3/5 1/5
2026-04-30 A 4/5 5/5 5/5 5/5 3/5 3/5 1/5
2026-04-29 A 4/5 5/5 5/5 5/5 3/5 3/5 1/5
2026-04-28 A 4/5 5/5 5/5 5/5 3/5 3/5 1/5
2026-04-27 A 4/5 5/5 5/5 5/5 3/5 3/5 1/5
2026-04-24 A 4/5 5/5 5/5 5/5 3/5 3/5 1/5
2026-04-23 A 4/5 5/5 5/5 5/5 3/5 3/5 1/5
2026-04-22 A 4/5 5/5 5/5 5/5 3/5 3/5 1/5
2026-04-21 A 4/5 5/5 5/5 5/5 3/5 3/5 1/5
2026-04-20 A 4/5 5/5 5/5 5/5 3/5 3/5 1/5
2026-04-17 A 4/5 5/5 5/5 5/5 3/5 3/5 1/5
2026-04-16 A 4/5 5/5 5/5 5/5 3/5 3/5 1/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
44.38M
OE per share TTM
1.54
Owner's Yield
5.44%
Maintenance CapEx ratio
Maint CapEx / Avg PPE
3.0%

Ownership Overview

Ownership breakdown

Ownership breakdown not available.

At a glance
Institutional holders
Total invested
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)

No beneficial ownership filings recorded.

Institutional Activity (13F)

Institutional ownership trend

Institutional history not available.

Top institutional holders

Top holders not available.

ETF Ownership

Top ETFs holding this stock Held by 10 ETFs in our universe

Insider Activity

Insider Activity — Latest Quarter

No insider activity available.

Insider buys vs sells (history)

Insider history not available.

Recent insider transactions

No recent insider transactions.

Executive team

Top executives
EBIT / Employee
25.9K
Shares Outstanding
28.76M

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings

No SEC filings available for this company yet.

Executive team

NameTitleCompensationGender
Alessio Artuffo Chief Executive Officer, President & Director 1M male
Brandon Farber Chief Financial Officer 711.8K male
Mark Kosoglow Chief Revenue Officer 622.7K male
Claudio Erba Chief Innovation Officer 403.1K male
Riccardo LaRosa Chief Technology Officer male
Scott Peacock Senior VP & Head of Product male
Kyle Lacy Chief Marketing Officer male
Lauren Tropeano Chief People Officer female
Michael W. McCarthy Vice President of Investor Relations male
ESG Score History

No data available for this company.

Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

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Dividend history

Earnings history

Earnings reports

Stock splits