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Upturn AI SWOT - About
DCBO 
Docebo Inc (DCBO)
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Upturn Advisory Summary
06/30/2025: DCBO (1-star) is currently NOT-A-BUY. Pass it for now.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
Number of Analysts
10 Analysts rated it
Well-followed company, solid analyst reports, reliable data for confident investing.
1 Year Target Price $39
1 Year Target Price $39
| 3 | Strong Buy |
| 4 | Buy |
| 3 | Hold |
| 0 | Sell |
| 0 | Strong Sell |
Analysis of Past Performance
Type Stock | Historic Profit -26.18% | Avg. Invested days 33 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  2.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 06/30/2025 |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 834.65M USD | Price to earnings Ratio 37.93 | 1Y Target Price 39 |
Price to earnings Ratio 37.93 | 1Y Target Price 39 | ||
Volume (30-day avg) 10 | Beta 1.33 | 52 Weeks Range 25.50 - 53.86 | Updated Date 06/30/2025 |
52 Weeks Range 25.50 - 53.86 | Updated Date 06/30/2025 | ||
Dividends yield (FY) - | Basic EPS (TTM) 0.74 |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Revenue by Geography
Earnings Date
Report Date 2025-06-11 | When Before Market | Estimate 0.2234 | Actual 0.27 |
Profitability
Profit Margin 10.34% | Operating Margin (TTM) 3.2% |
Management Effectiveness
Return on Assets (TTM) 5.74% | Return on Equity (TTM) 41.12% |
Valuation
Trailing PE 37.93 | Forward PE 28.33 | Enterprise Value 744916870 | Price to Sales(TTM) 3.75 |
Enterprise Value 744916870 | Price to Sales(TTM) 3.75 | ||
Enterprise Value to Revenue 3.34 | Enterprise Value to EBITDA 30.01 | Shares Outstanding 29633200 | Shares Floating 13246625 |
Shares Outstanding 29633200 | Shares Floating 13246625 | ||
Percent Insiders 45.05 | Percent Institutions 50.39 |
Analyst Ratings
Rating 4 | Target Price 39 | Buy 4 | Strong Buy 3 |
Buy 4 | Strong Buy 3 | ||
Hold 3 | Sell - | Strong Sell - | |
Strong Sell - |
Upturn AI SWOT
Docebo Inc
Company Overview
History and Background
Docebo Inc. was founded in 2005 in Italy and has since grown into a global learning management system (LMS) provider. Originally focused on open-source solutions, it transitioned to a SaaS model. It went public on the Toronto Stock Exchange (TSX: DCBO) in 2019 and subsequently dual-listed on Nasdaq (DCBO) in 2021. Significant milestones include expanding internationally and acquiring complementary technologies.
Core Business Areas
- Learning Management System (LMS): Docebo's core product is its AI-powered LMS, which enables organizations to manage, deliver, and track online training programs. It caters to employee, partner, and customer training.
- Learning Experience Platform (LXP): Offers a personalized learning experience with curated content and social learning features.
Leadership and Structure
Docebo is led by CEO Claudio Erba. The company has a hierarchical structure with various departments including Sales, Marketing, Product Development, and Customer Success. The Board of Directors provides strategic oversight.
Top Products and Market Share
Key Offerings
- Docebo Learn LMS: Flagship AI-powered LMS. While precise market share data is variable and dynamic, estimates suggest Docebo holds a growing single-digit percentage share of the global LMS market. Competitors include SAP SuccessFactors (SAP), Cornerstone OnDemand (CSOD), and Workday Learning (WDAY).
- Docebo Shape: AI-powered content curation tool, revenue not publicly available. Competitors include Degreed and Pathgather (acquired by Degreed).
- Docebo Connect: Integrations-as-a-Service (IaaS) platform to connect the LMS to other business systems, revenue not publicly available. Competitors include Zapier and Workato
Market Dynamics
Industry Overview
The LMS market is experiencing strong growth driven by the increasing adoption of online learning, the need for employee upskilling and reskilling, and the rise of remote work. The market is competitive, with a mix of large established players and smaller, specialized vendors.
Positioning
Docebo is positioned as a modern, AI-powered LMS provider that caters to mid-sized and large enterprises. Its competitive advantages include its user-friendly interface, robust feature set, and focus on AI and personalization.
Total Addressable Market (TAM)
Estimates vary, but the global LMS market is projected to reach tens of billions of dollars within the next few years. Docebo, with its current revenue and growth rate, is positioned to capture a larger share of this expanding TAM.
Upturn SWOT Analysis
Strengths
- AI-powered learning platform
- Strong SaaS revenue model
- User-friendly interface
- Scalable platform
- Global presence
Weaknesses
- Smaller market share compared to established competitors
- Reliance on third-party integrations
- Premium pricing may deter smaller businesses
Opportunities
- Expansion into new geographic markets
- Further development of AI-powered features
- Strategic acquisitions to expand product offerings
- Increased demand for online learning
Threats
- Intense competition from established players
- Rapid technological changes
- Economic downturns impacting training budgets
- Data security and privacy concerns
Competitors and Market Share
Key Competitors
- SAP (SAP)
- Cornerstone OnDemand (CSOD)
- Workday Learning (WDAY)
Competitive Landscape
Docebo competes with large, established LMS providers and smaller, specialized vendors. Its strengths include its AI-powered platform and user-friendly interface. Its weaknesses include its smaller market share compared to larger competitors.
Major Acquisitions
ForMetris
- Year: 2019
- Acquisition Price (USD millions): 35
- Strategic Rationale: Enhanced learning impact measurement capabilities.
Growth Trajectory and Initiatives
Historical Growth: Docebo has experienced significant revenue growth in recent years, driven by increased adoption of its LMS platform and strategic acquisitions.
Future Projections: Analysts project continued revenue growth for Docebo, driven by the expanding LMS market and the company's competitive strengths.
Recent Initiatives: Recent initiatives include expanding the AI-powered features of its platform, forging strategic partnerships, and expanding its presence in key geographic markets.
Summary
Docebo is a strong, growing company in the LMS market, leveraging AI to enhance its platform and attract enterprises. Its SaaS model provides recurring revenue, but it faces competition from larger players. Expansion and continued innovation will be key for maintaining its growth trajectory and market position. The company needs to stay focused on what makes it unique.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Company filings
- Market research reports
- Analyst estimates
Disclaimers:
This analysis is for informational purposes only and should not be considered financial advice. Market conditions and company performance can change rapidly.
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.
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 | Website https://www.docebo.com |
Full time employees 991 | Website https://www.docebo.com | ||
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.
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