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DCBO logo DCBO
Upturn stock rating
DCBO logo

Docebo Inc (DCBO)

Upturn stock rating
$26.28
Last Close (24-hour delay)
upturn advisory
PASS
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  • SELL Advisory (Profit)​
  • SELL Advisory (Loss)​
  • Profit
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  • Pass (Skip investing)
Upturn Stock info Stock price based on last close
*as per simulation
(see disclosures)
Time period over
  • ALL
  • YEAR
  • MONTH
  • WEEK

Upturn Advisory Summary

10/17/2025: DCBO (1-star) is currently NOT-A-BUY. Pass it for now.

Upturn Star Rating

rating

Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

Number of Analysts

rating

10 Analysts rated it

Moderately tracked stock, growing coverage, gaining market and investor attention.

1 Year Target Price $39.77

1 Year Target Price $39.77

Analysts Price Target For last 52 week
$39.77 Target price
52w Low $25.5
Current$26.28
52w High $53.86

Analysis of Past Performance

Type Stock
Historic Profit -28.26%
Avg. Invested days 36
Today’s Advisory PASS
Upturn Star Rating upturn star rating icon
Upturn Advisory Performance Upturn Advisory Performance 2.0
Stock Returns Performance Upturn Returns Performance 1.0
Upturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulation Last Close 10/17/2025

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 754.99M USD
Price to earnings Ratio 38.09
1Y Target Price 39.77
Price to earnings Ratio 38.09
1Y Target Price 39.77
Volume (30-day avg) 10
Beta 1.17
52 Weeks Range 25.50 - 53.86
Updated Date 10/18/2025
52 Weeks Range 25.50 - 53.86
Updated Date 10/18/2025
Dividends yield (FY) -
Basic EPS (TTM) 0.69

Analyzing Revenue: Products, Geography and Growth

Revenue by Products

Revenue by Geography

Earnings Date

Report Date -
When -
Estimate -
Actual -

Profitability

Profit Margin 9.29%
Operating Margin (TTM) 10.02%

Management Effectiveness

Return on Assets (TTM) 6.51%
Return on Equity (TTM) 55.53%

Valuation

Trailing PE 38.09
Forward PE 19.42
Enterprise Value 719941166
Price to Sales(TTM) 3.28
Enterprise Value 719941166
Price to Sales(TTM) 3.28
Enterprise Value to Revenue 3.12
Enterprise Value to EBITDA 29.62
Shares Outstanding 28723221
Shares Floating 12334038
Shares Outstanding 28723221
Shares Floating 12334038
Percent Insiders 45.49
Percent Institutions 43.56

ai summary icon Upturn AI SWOT

Docebo Inc

stock logo

Company Overview

overview logo History and Background

Docebo was founded in 2005 in Italy by Claudio Erba and launched its cloud-based learning platform in 2012. It has since expanded globally, establishing a presence in North America, Europe, and Asia-Pacific. Docebo has grown through product innovation and strategic acquisitions.

business area logo Core Business Areas

  • Learning Management System (LMS): Docebo's core product is its AI-powered learning platform, which enables organizations to manage, deliver, and track online training programs. It serves various industries and use cases, including employee onboarding, compliance training, and sales enablement.
  • Learning Experience Platform (LXP): Docebo offers a LXP solution that delivers personalized learning experiences, combining formal and informal learning resources. This encourages continuous learning and skill development.
  • Content Marketplace: Docebo offers a content marketplace, providing access to a library of ready-made courses and learning resources, expanding learning options for customers.

leadership logo Leadership and Structure

Docebo is led by CEO Claudio Erba. The company has a board of directors overseeing strategic direction. It operates with a global structure, including sales, marketing, product development, and customer success teams located in various regions.

Top Products and Market Share

overview logo Key Offerings

  • Docebo Learn LMS: Docebo's flagship product, an AI-powered learning management system. Market share information is dynamic. Competitors include Cornerstone OnDemand (CSOD), SAP SuccessFactors (SAP), Workday (WDAY), and TalentLMS. Revenue data for individual products is not typically disaggregated.
  • Docebo Shape: An AI-powered content creation and curation tool. Market share information is dynamic. Competitors include Articulate, Elucidat, and Gomo. Revenue data for individual products is not typically disaggregated.
  • Docebo Connect: An integration platform that connects Docebo Learn with other enterprise systems. Market share information is dynamic. Competitors include Workato, Celigo, and Tray.io. Revenue data for individual products is not typically disaggregated.

Market Dynamics

industry overview logo Industry Overview

The e-learning market is experiencing significant growth, driven by increasing adoption of online learning solutions, the rise of remote work, and the need for continuous skill development. AI is playing a larger role.

Positioning

Docebo is positioned as a provider of AI-powered learning solutions for enterprises, focusing on delivering personalized and engaging learning experiences. Its competitive advantages include its AI capabilities, scalability, and comprehensive feature set.

Total Addressable Market (TAM)

The global e-learning market is estimated to be in the hundreds of billions of USD. Docebo is positioned to capture a significant portion of this market with its AI-powered and scalable platform.

Upturn SWOT Analysis

Strengths

  • AI-powered learning platform
  • Comprehensive feature set
  • Scalability and flexibility
  • Strong customer focus
  • Global presence

Weaknesses

  • Price point may be higher than some competitors
  • Reliance on AI algorithms which are subject to bias.
  • Smaller market share compared to larger competitors
  • Integration complexity with legacy systems

Opportunities

  • Expanding into new geographic markets
  • Developing new AI-powered learning solutions
  • Acquiring complementary technologies
  • Partnerships with other technology providers
  • Increased adoption of microlearning and personalized learning

Threats

  • Intense competition in the e-learning market
  • Rapid technological changes
  • Economic downturns
  • Data privacy and security concerns
  • Emergence of disruptive learning technologies

Competitors and Market Share

competitor logo Key Competitors

  • CSOD
  • SAP
  • WDAY
  • TAL
  • ADSK

Competitive Landscape

Docebo's advantages include its AI-powered capabilities, user-friendly interface, and comprehensive feature set. Disadvantages may include price point and smaller market share compared to larger competitors.

Major Acquisitions

ForMetris

  • Year: 2019
  • Acquisition Price (USD millions):
  • Strategic Rationale: Enhanced Docebo's analytics capabilities, providing deeper insights into learner performance and training effectiveness.

eLearning Codec

  • Year: 2020
  • Acquisition Price (USD millions):
  • Strategic Rationale: Expanded Docebo's content creation capabilities and AI-powered personalization features.

Skillshape

  • Year: 2021
  • Acquisition Price (USD millions):
  • Strategic Rationale: Skillshape is a Content as a Service (CaaS) platform, to help organizations deliver personalized and skill-based learning experiences.

Growth Trajectory and Initiatives

Historical Growth: Docebo has experienced strong revenue growth in recent years, driven by increasing demand for its learning platform and strategic acquisitions. Use financial data to identify trends.

Future Projections: Analyst estimates suggest continued revenue growth for Docebo, driven by its AI-powered solutions and expansion into new markets. These are projections so they are based on current trends

Recent Initiatives: Recent initiatives include product updates, strategic partnerships, and acquisitions aimed at expanding Docebo's capabilities and market reach.

Summary

Docebo is a growing company in the competitive e-learning market, benefiting from its AI-powered platform and strategic acquisitions. It demonstrates strengths in its product offerings and market positioning, but faces challenges from larger competitors and technological changes. To continue its success, Docebo must continue innovating, expanding its market reach, and addressing potential threats to its business model and competitive advantages.

Peer Comparison

Sources and Disclaimers

Data Sources:

  • Company Investor Relations Website
  • Financial News Sources
  • Analyst Reports

Disclaimers:

This analysis is based on publicly available information and analyst estimates. It is not financial advice and should not be used as the sole basis for investment decisions. Market conditions and company performance are subject to change.

Upturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About Docebo Inc

Exchange NASDAQ
Headquaters Toronto, ON, Canada
IPO Launch date 2020-12-03
CEO, President & Director Mr. Alessio Artuffo
Sector Technology
Industry Software - Application
Full time employees 991
Full time employees 991

Docebo Inc. develops and provides a learning management platform for training in North America and internationally. Its solutions allow customers to take control of training strategies and retain institutional knowledge, while providing efficient course delivery, advanced reporting tools, and analytics. 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 that allows access to off-the-shelf learning content and provide predeveloped learning content by partnering with a content specialist; Insights module which allows organizations to understand the results of their learning programs with data visualizations; Learning Evaluation module to incorporate the learner's perspective into analyses by collection of feedback; and Advanced Analytics to integrate learning data into any data ecosystem and BI tool. It also offers Communities module that enables interactive learner communities; eCommerce module that monetize from digital training contents, and manage and sells training offerings; Docebo Integrations; Docebo Headless that allows businesses to build learning experiences outside of the Docebo learning environment; and AI Authoring that allows users to generate content either from scratch or through an interactive chatbot experience. In addition, the company provides Docebo for Salesforce that leverages Salesforce's API and technology architecture to produce a learning experience; Docebo Embed (OEM) to embed and re-sell the Docebo learning platform; Docebo Mobile App Publisher; Docebo Extended Enterprise used to train multiple external audiences with a single LMS solution; and Docebo for Microsoft Teams that brings learning directly into Microsoft Teams. The company was founded in 2005 and is headquartered in Toronto, Canada.