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Upturn AI Summary - About
Docebo Inc(DCBO)
Advisory History & Simulated Performance *
*as per simulation (see disclosures)- ALL
- 1Y
- 1M
- 1W
- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- PASS (Skip)
Stock price based on last close Advisory Performance History (Simulated)
Upturn Advisory & Investor View for DCBO
09/23/2026: DCBO (2-star) is a SELL. SELL for 2 days. Simulated Profits (12.66%). Updated daily EoD!
Docebo Inc is a specialized provider of AI-powered learning management systems designed to simplify corporate training in an increasingly digital workplace. The company has a leading position in user experience, which helps it compete effectively against larger, entrenched human capital management software providers. Its core growth story centers on the increasing enterprise demand for personalized learning tools and AI-driven automation. However, investors must monitor risks related to intense competition from software giants and the sensitivity of training budgets to economic cycles. The stock is best suited for growth-oriented investors looking for exposure to the digital transformation of the corporate workplace.
How to Read the Upturn Advisory
The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturnās AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.
Company fundamentals, valuation, risks, and news provide supporting context about the business.
Investor Fit
| Investor style | Fit | Why |
|---|---|---|
| Growth investor | Strong fit | Docebo's focus on cloud-based enterprise software revenue growth aligns well with long-term capital appreciation strategies. |
| Momentum investor | Mixed fit | Momentum suitability depends on the stock's trend relative to growth sector performance; signal should be confirmed by technicals. |
| Value investor | Weak fit | The company is currently valued on growth and market potential rather than current earnings or book value. |
| Dividend investor | Weak fit | Docebo does not pay a dividend and focuses entirely on reinvestment. |
| Low-risk investor | Weak fit | High growth, small-cap software stocks typically exhibit volatility that is unsuitable for risk-averse portfolios. |
Risk Profile
| Risk factor | Level | Why it matters |
|---|---|---|
| Price volatility | High | SaaS stocks often experience sharp price movements based on quarterly revenue growth reporting. |
| Valuation risk | Medium / high | Growth-oriented valuations can contract rapidly if revenue growth targets are not met. |
| Competition risk (HCM and LMS competition) | High | Larger software incumbents may bundle learning modules into broader platforms, pressuring Docebo's market share. |
| Business quality | Medium | While the recurring revenue model is high quality, the company is still building long-term franchise durability. |
| Dividend income | Low / none | This is a growth-stage company that does not provide income to shareholders. |
| Execution risk | Medium | The company must continue to successfully scale its enterprise sales and product innovation without sacrificing margins. |
Price Behavior
Strong Uptrend
The stock has maintained a strong upward price trend across the last three quarters.
Choppy
The stock has experienced frequent reversals and pronounced short-term price swings.
Analysis of Past Performance
Type Stock | Historic Profit -17.69% | Avg. Invested days 35 | Todayās Advisory SELL |
Upturn Advisory Rating  | Upturn Advisory Performance  3.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 09/23/2026 |
Upturn Scorecard
Upturn Star Rating 
Company Fundamentals
Financial Health Rating
Growth Momentum Score
Ownership
Top 5 Institutional Investors
Unit Economics (Per $1K Revenue)
Economic Dimensions
Quantitative Style Profile
Style Classification
Quality Focused
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 572.80M USD | Price to earnings Ratio 20.14 | 1Y Target Price 29.25 |
Price to earnings Ratio 20.14 | 1Y Target Price 29.25 | ||
Volume (30-day avg) 53.1K shares | Beta 0.8 | 52 Weeks Range 14.39 - 28.78 | Updated Date 09/23/2026 |
52 Weeks Range 14.39 - 28.78 | Updated Date 09/23/2026 | ||
Dividends yield (FY) - | Basic EPS (TTM) 1.14 |
How Company Makes Money
| Business area | What it includes | Retail investor read |
|---|---|---|
| Subscription Revenue | Recurring fees from customers accessing the Docebo platform. | This is the most critical segment; steady growth here signals strong long-term health. |
| Professional Services | One-time implementation and training fees. | These are secondary to subscriptions and primarily support customer onboarding. |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Revenue by Geography
Geography revenue - Year on Year
Valuation
Trailing PE 20.14 | Forward PE 11.21 | Enterprise Value 629.17M | Price to Sales(TTM) 2.21 |
Enterprise Value 629.17M | Price to Sales(TTM) 2.21 | ||
Enterprise Value to Revenue 2.43 | Enterprise Value to EBITDA 25.71 | Shares Outstanding 24.95M | Shares Floating 8.75M |
Shares Outstanding 24.95M | Shares Floating 8.75M | ||
Percent Insiders 64.8 | Percent Institutions 24.12 |
Upturn AI Summary
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
Financial Metrics
š§ Investment Snapshot
Total Revenue (Scale)
Total money earned from selling products or services before any costs. It is needed to understand the scale of the business and its ability to generate income.
Net Income (Profit)
Final profit after all expenses, interest, and taxes are deducted. It is needed to determine the overall profitability available to shareholders.
Free Cash Flow (Cash Strength)
Cash remaining after operating activities and capital expenditures, showing cash available for growth. It is needed to evaluate the companyās ability to invest, pay dividends, or reduce debt.
š Growth & Strength
Operating Income (Core Profit)
Profit from core operations after deducting all operating expenses. It is needed to measure how efficiently the company runs its primary business activities.
EBITDA (Cash Earnings)
Earnings before interest, taxes, depreciation, and amortization, indicating operating cash potential. It is needed to compare operating performance across companies without accounting or financing differences.
Gross Profit (Unit Profitability)
Revenue minus cost of revenue, showing profit after direct production costs. It is needed to evaluate core business profitability before overhead expenses.
š”ļø Financial Safety
Cash (Liquidity Buffer)
Total cash and cash equivalents on hand. It is needed to evaluate immediate liquidity and financial flexibility.
Total Debt (Leverage Risk)
Total debt including both short-term and long-term components. It is needed to assess the companyās leverage and financial risk.
Net Working Capital (Short-Term Health)
Current assets minus current liabilities, indicating short-term liquidity strength. It is needed to assess whether the company can meet its short-term obligations.
š§± Balance Sheet Strength
Stockholder Equity (Net Worth)
Total equity value held by shareholders. It is needed to understand the net worth of the company from the ownersā perspective.
Total Assets (Asset Base)
The full value of everything the company owns, including cash, inventory, equipment, and investments. It is needed to understand the resource base used to generate revenue.
Income Before Tax (Pre-Tax Earnings)
Income before provision for income taxes. It is needed to analyze profitability independent of tax structures.
āļø Cost & Drag Factors
Cost of Revenue (Production Cost)
Direct costs required to produce and deliver the products or services sold. It is needed to assess efficiency in production and service delivery.
Total Operating Expenses (Operating Cost)
Indirect costs of running the business such as salaries, marketing, and administration. It is needed to understand how much it costs to sustain ongoing business operations.
Income Tax Expense (Tax Drag)
Amount of taxes paid or payable to the government. It is needed to evaluate the impact of taxation on overall profitability.
About Docebo Inc
Exchange NASDAQ | Headquarters Toronto, ON, Canada | ||
IPO Launch date 2020-12-03 | CEO, President & Director Mr. Alessio Artuffo | ||
Sector Technology | Industry Software - Application | Full time employees 966 | Website https://www.docebo.com |
Full time employees 966 | Website https://www.docebo.com | ||
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.
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