The Descartes Systems Group Inc. provides cloud-based logistics and supply chain management business process solutions that focuses on enhancing the productivity, performance, and security of logistics-intensive businesses worldwide. Its Logistics Technology platform offers a range of modular, cloud-based, and interoperable web and wireless logistics management applications, which unites a community of logistics-focused parties, allowing them to transact business. The company provides a suite of solutions that include routing, mobile and telematics; transportation management and e-commerce enablement; customs and regulatory compliance; trade data; global logistics network services; and broker and forwarder enterprise systems. It offers its customers to use its modular, software-as-a-service, and data solutions to route, schedule, track, and measure delivery resources; plan, allocate, and execute shipments; rate, audit, and pay transportation invoices; access and analyze global trade data; research and perform trade tariff and duty calculations; file customs and security documents for imports and exports; and various other logistics processes. The company also provides cloud-based ecommerce warehouse management solutions; consulting, implementation, and training services; and maintenance and support services. It primarily focuses on serving transportation providers, logistics service providers, and distribution-intensive companies, as well as manufacturers, retailers, distributors, and mobile business service providers. The company was incorporated in 1981 and is headquartered in Waterloo, Canada.
IPO Year:
Exchange: NASDAQ
Website: descartes.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 7/14/2025 | $110.00 | Equal-Weight | Morgan Stanley |
| 12/17/2024 | $140.00 | Buy | Loop Capital |
| 11/15/2024 | $88.00 → $125.00 | Underweight → Equal Weight | Barclays |
| 5/14/2024 | $90.00 | Neutral | Redburn Atlantic |
| 4/16/2024 | $96.50 → $101.00 | Neutral → Sector Outperform | CIBC |
| 1/10/2024 | $95.00 | Peer Perform → Outperform | Wolfe Research |
| 11/17/2022 | Outperform → Peer Perform | Wolfe Research | |
| 10/18/2022 | $72.00 → $60.00 | Equal Weight → Underweight | Barclays |
| 6/27/2022 | $89.00 → $71.00 | Sector Outperform → Neutral | CIBC |
| 3/3/2022 | $80.00 → $78.00 | Equal-Weight | Barclays |
6-K - DESCARTES SYSTEMS GROUP INC (0001050140) (Filer)
SCHEDULE 13G/A - DESCARTES SYSTEMS GROUP INC (0001050140) (Subject)
6-K - DESCARTES SYSTEMS GROUP INC (0001050140) (Filer)
6-K - DESCARTES SYSTEMS GROUP INC (0001050140) (Filer)
6-K - DESCARTES SYSTEMS GROUP INC (0001050140) (Filer)
SD - DESCARTES SYSTEMS GROUP INC (0001050140) (Filer)
SCHEDULE 13G/A - DESCARTES SYSTEMS GROUP INC (0001050140) (Subject)
6-K - DESCARTES SYSTEMS GROUP INC (0001050140) (Filer)
40-F - DESCARTES SYSTEMS GROUP INC (0001050140) (Filer)
6-K - DESCARTES SYSTEMS GROUP INC (0001050140) (Filer)
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Morgan Stanley initiated coverage of Descartes with a rating of Equal-Weight and set a new price target of $110.00
Loop Capital initiated coverage of Descartes with a rating of Buy and set a new price target of $140.00
Barclays upgraded Descartes from Underweight to Equal Weight and set a new price target of $125.00 from $88.00 previously
Redburn Atlantic initiated coverage of Descartes with a rating of Neutral and set a new price target of $90.00
CIBC upgraded Descartes from Neutral to Sector Outperform and set a new price target of $101.00 from $96.50 previously
Wolfe Research upgraded Descartes from Peer Perform to Outperform and set a new price target of $95.00
Wolfe Research downgraded Descartes from Outperform to Peer Perform
Barclays downgraded Descartes from Equal Weight to Underweight and set a new price target of $60.00 from $72.00 previously
CIBC downgraded Descartes from Sector Outperform to Neutral and set a new price target of $71.00 from $89.00 previously
Barclays reiterated coverage of Descartes Systems Gr with a rating of Equal-Weight and set a new price target of $78.00 from $80.00 previously
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LONDON and ATLANTA, Aug. 14, 2025 (GLOBE NEWSWIRE) -- Descartes Systems Group (NASDAQ:DSGX) (TSX:DSG), the global leader in uniting logistics-intensive businesses in commerce, announced it was named in ARC Advisory Group's Transportation Management Systems Global Market Research (2024 – 2029) report as the leading provider of software as a service (SaaS) and cloud-based hosting services for transportation management systems (TMS) and also as the leading provider of fleet management applications. The report encompasses planning and execution applications (freight moves involving a carrier) and fleet management applications (freight moves involving transportation assets owned by the company)
LONDON and ATLANTA, Aug. 06, 2025 (GLOBE NEWSWIRE) -- Descartes Systems Group (NASDAQ:DSGX) (TSX:DSG), the global leader in uniting logistics-intensive businesses in commerce, announced the release of Descartes Visual Compliance™ AI Assist, the latest advancement in denied party screening that uses new artificial intelligence (AI) capabilities to help trade compliance teams automatically reduce the effort required to review and clear false positives. False positives are alerts that appear to match restricted, sanctioned and denied party entities but are, in fact, benign matches that lead to unnecessary reviews, wasted time and delayed shipments for import or export. "While it makes sense
Broadens Multi-Channel Inventory Management Capabilities to Scale Across Ecommerce Operations of all Sizes WATERLOO, Ontario and ATLANTA, Aug. 04, 2025 (GLOBE NEWSWIRE) -- Descartes Systems Group (TSX:DSG) (NASDAQ:DSGX), the global leader in uniting logistics-intensive businesses in commerce, announced that it has acquired Finale Inventory ("Finale"), a U.S.-based provider of cloud-based inventory management solutions designed to support ecommerce businesses across their growth lifecycle. Finale Inventory helps growing ecommerce sellers keep stock levels accurate across multiple ecommerce sales and fulfillment channels. With better visibility and control, customers can effectively sc
WATERLOO, Ontario and ATLANTA, Aug. 01, 2025 (GLOBE NEWSWIRE) -- Descartes Systems Group (TSX:DSG) (NASDAQ:DSGX), the global leader in uniting logistics-intensive businesses in commerce, is scheduled to report its second quarter fiscal 2026 financial results after market close on Wednesday, September 03, 2025. Members of Descartes' executive management team will host a conference call to discuss the company's financial results at 5:30 p.m. ET on Wednesday, September 03, 2025. Designated numbers are +1 289 514 5100 for North America and +1 800 717 1738 for international, using conference ID 15589.The company will simultaneously conduct an audio webcast on the Descartes website at www.desca
SÃO PAULO and ATLANTA, July 31, 2025 (GLOBE NEWSWIRE) -- Descartes Systems Group (NASDAQ:DSGX) (TSX:DSG), the global leader in uniting logistics-intensive businesses in commerce, announced that Brazil's Grupo Petrópolis is using Descartes' routing and fleet management solution to enhance its nationwide beverage distribution operations using approximately 2,900 vehicles. The Descartes solution helped Grupo Petrópolis achieve an on-time delivery rate of 98%, reduce overtime hours by 9% and decrease fuel consumption by 5%. These improvements reflect more efficient and sustainable fleet operations. "To better meet customer needs, we wanted a fleet management platform to enhance on-time perfor
ATLANTA, July 07, 2025 (GLOBE NEWSWIRE) -- Descartes Systems Group (NASDAQ:DSGX) (TSX:DSG), the global leader in uniting logistics-intensive businesses in commerce, announced the release of Descartes MacroPoint™ FraudGuard 2.0, the latest advancement in freight fraud technology designed to help shippers, freight brokers, and third-party logistics providers (3PL) safeguard their business against increasingly sophisticated fraud and cargo theft schemes. With new capabilities for pre-tender, pre-pickup and in-transit shipments, companies can maintain a high-performing, compliant carrier network, enhance the reliability of critical decision-making insights, and better detect and mitigate poten
ATLANTA, June 24, 2025 (GLOBE NEWSWIRE) -- Descartes Systems Group (NASDAQ:DSGX) (TSX:DSG), the global leader in uniting logistics-intensive businesses in commerce, announced that Utah-based Walking Comfort, a leading retailer in the local and online footwear market, is using Descartes Sellercloud™ to help drive ecommerce growth by centralizing and synchronizing the management of product listings, inventory, orders and fulfillment across multiple online sales channels. "As the business grew and we expanded to a larger warehouse and more online marketplaces, we realized we needed a more sophisticated inventory and order management system to boost time-savings and operating efficiencies,"
Strengthens Final-Mile Carrier Capabilities WATERLOO, Ontario and ATLANTA, June 19, 2025 (GLOBE NEWSWIRE) -- Descartes Systems Group (TSX:DSG) (NASDAQ:DSGX), the global leader in uniting logistics-intensive businesses in commerce, announced that it has acquired PackageRoute, a leading provider of final-mile carrier solutions. Based in the US, PackageRoute's mission is to simplify and optimize the daily operations of final-mile carriers. The company offers a mobile and web-based platform that provides real-time visibility into package deliveries, route optimization, and fleet management. PackageRoute's software integrates seamlessly with pickup and delivery data, enabling cont
WATERLOO, Ontario, June 12, 2025 (GLOBE NEWSWIRE) -- The Descartes Systems Group Inc. (NASDAQ:DSGX) (TSX:DSG), announced the voting results from its annual meeting of shareholders held on Thursday, June 12, 2025 (the "Meeting"). Meeting Results The following matters, as set out in more detail in its Management Information Circular dated April 30, 2025, were considered and voted on by shareholders at the Meeting: GeneralThe total number of common shares of the Corporation represented in person or by proxy at the Meeting was 77,507,142 which represented 90.35% of the 85,782,830 common shares of the Corporation that were outstanding as of the record date for the Meeting, being April 25, 20
Record Services Revenues WATERLOO, Ontario and ATLANTA, June 04, 2025 (GLOBE NEWSWIRE) -- The Descartes Systems Group Inc. (TSX:DSG) (NASDAQ:DSGX) announced its financial results for its fiscal 2026 first quarter (Q1FY26). All financial results referenced are in United States (US) currency and, unless otherwise indicated, are determined in accordance with US Generally Accepted Accounting Principles (GAAP). "Our first quarter of fiscal 2026 showed strong annual growth, consistent with our communicated plans," said Edward J. Ryan, Descartes' CEO. "This is a challenging and uncertain economic and trade environment for shippers, carriers and logistics services providers. They face challenges
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Broadens Multi-Channel Inventory Management Capabilities to Scale Across Ecommerce Operations of all Sizes WATERLOO, Ontario and ATLANTA, Aug. 04, 2025 (GLOBE NEWSWIRE) -- Descartes Systems Group (TSX:DSG) (NASDAQ:DSGX), the global leader in uniting logistics-intensive businesses in commerce, announced that it has acquired Finale Inventory ("Finale"), a U.S.-based provider of cloud-based inventory management solutions designed to support ecommerce businesses across their growth lifecycle. Finale Inventory helps growing ecommerce sellers keep stock levels accurate across multiple ecommerce sales and fulfillment channels. With better visibility and control, customers can effectively sc
WATERLOO, Ontario and ATLANTA, Aug. 01, 2025 (GLOBE NEWSWIRE) -- Descartes Systems Group (TSX:DSG) (NASDAQ:DSGX), the global leader in uniting logistics-intensive businesses in commerce, is scheduled to report its second quarter fiscal 2026 financial results after market close on Wednesday, September 03, 2025. Members of Descartes' executive management team will host a conference call to discuss the company's financial results at 5:30 p.m. ET on Wednesday, September 03, 2025. Designated numbers are +1 289 514 5100 for North America and +1 800 717 1738 for international, using conference ID 15589.The company will simultaneously conduct an audio webcast on the Descartes website at www.desca
Strengthens Final-Mile Carrier Capabilities WATERLOO, Ontario and ATLANTA, June 19, 2025 (GLOBE NEWSWIRE) -- Descartes Systems Group (TSX:DSG) (NASDAQ:DSGX), the global leader in uniting logistics-intensive businesses in commerce, announced that it has acquired PackageRoute, a leading provider of final-mile carrier solutions. Based in the US, PackageRoute's mission is to simplify and optimize the daily operations of final-mile carriers. The company offers a mobile and web-based platform that provides real-time visibility into package deliveries, route optimization, and fleet management. PackageRoute's software integrates seamlessly with pickup and delivery data, enabling cont
Record Services Revenues WATERLOO, Ontario and ATLANTA, June 04, 2025 (GLOBE NEWSWIRE) -- The Descartes Systems Group Inc. (TSX:DSG) (NASDAQ:DSGX) announced its financial results for its fiscal 2026 first quarter (Q1FY26). All financial results referenced are in United States (US) currency and, unless otherwise indicated, are determined in accordance with US Generally Accepted Accounting Principles (GAAP). "Our first quarter of fiscal 2026 showed strong annual growth, consistent with our communicated plans," said Edward J. Ryan, Descartes' CEO. "This is a challenging and uncertain economic and trade environment for shippers, carriers and logistics services providers. They face challenges
WATERLOO, Ontario and ATLANTA, May 05, 2025 (GLOBE NEWSWIRE) -- Descartes Systems Group (TSX:DSG) (NASDAQ:DSGX), the global leader in uniting logistics-intensive businesses in commerce, is scheduled to report its first quarter fiscal 2026 financial results after market close on Wednesday, June 4, 2025. Members of Descartes' executive management team will host a conference call to discuss the company's financial results at 5:30 p.m. ET on Wednesday, June 4. Designated numbers are +1 289 514 5100 for North America and +1 800 717 1738 for international, using conference ID 26605. The company will simultaneously conduct an audio webcast on the Descartes website at www.descartes.com/descartes
Strengthens Transportation Management Capabilities for Shippers and Logistics Services Providers WATERLOO, Ontario and ATLANTA, March 25, 2025 (GLOBE NEWSWIRE) -- Descartes Systems Group (TSX:DSG) (NASDAQ:DSGX), the global leader in uniting logistics-intensive businesses in commerce, announced that it has acquired 3GTMS (3G), a leading provider of transportation management solutions. Based in the US, 3G's transportation management solutions combine modern cloud architecture, an expansive carrier network, and planning-driven automation to help customers improve costs, customer satisfaction, and efficiency. Shippers, third-party logistics providers and freight brokers lever
Record Income from Operations WATERLOO, Ontario and ATLANTA, March 05, 2025 (GLOBE NEWSWIRE) -- The Descartes Systems Group Inc. (TSX:DSG) (NASDAQ:DSGX) announced its financial results for its fiscal 2025 fourth quarter (Q4FY25) and year (FY25) ended January 31, 2025. All financial results referenced are in United States (US) currency and, unless otherwise indicated, are determined in accordance with US Generally Accepted Accounting Principles (GAAP). "Fiscal 2025 was another year of growth for Descartes, highlighted by the addition of numerous complementary services to the Global Logistics Network," said Edward J. Ryan, Descartes' CEO. "We believe these investments can help ship
WATERLOO, Ontario and ATLANTA, Feb. 04, 2025 (GLOBE NEWSWIRE) -- Descartes Systems Group (TSX:DSG) (NASDAQ:DSGX), the global leader in uniting logistics-intensive businesses in commerce, is scheduled to report its fiscal 2024 fourth-quarter and year-end financial results after market close on Wednesday, March 5, 2025. Descartes' executive management team will hold a conference call to discuss the company's financial results at 5:30 PM ET on Wednesday, March 5. Designated numbers are +1 289 514 5100 or +1 800 717 1738 for North America Toll-Free, using Passcode 45440#. The company will simultaneously conduct an audio webcast on the Descartes website at www.descartes.com/descartes/investor
Record Revenues as Global Logistics Network Expands WATERLOO, Ontario and ATLANTA, Dec. 03, 2024 (GLOBE NEWSWIRE) -- The Descartes Systems Group Inc. (TSX:DSG) (NASDAQ:DSGX) announced its financial results for its fiscal 2025 third quarter (Q3FY25). All financial results referenced are in United States (US) currency and, unless otherwise indicated, are determined in accordance with US Generally Accepted Accounting Principles (GAAP). "Our business has grown organically while we've added complementary solutions to our Global Logistics Network by way of acquisition," said Edward J. Ryan, Descartes' CEO. "We listen to our customers about where best to invest to help them meet the man
WATERLOO, Ontario, Nov. 04, 2024 (GLOBE NEWSWIRE) -- Descartes Systems Group (TSX:DSG) (NASDAQ:DSGX), the global leader in uniting logistics-intensive businesses in commerce, is scheduled to report its third quarter fiscal 2025 financial results after market close on Tuesday, December 3, 2024. Members of Descartes' executive management team will host a conference call to discuss the company's financial results at 5:30 p.m. ET on Tuesday, December 3, 2024. Designated numbers are +1 289 514 5100 and +1 800 717 1738 for Toll-Free in North America, using conference ID 07584. The company will simultaneously conduct an audio webcast on the Descartes website at www.descartes.com/descart
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WATERLOO, Ontario, June 12, 2025 (GLOBE NEWSWIRE) -- The Descartes Systems Group Inc. (NASDAQ:DSGX) (TSX:DSG), announced the voting results from its annual meeting of shareholders held on Thursday, June 12, 2025 (the "Meeting"). Meeting Results The following matters, as set out in more detail in its Management Information Circular dated April 30, 2025, were considered and voted on by shareholders at the Meeting: GeneralThe total number of common shares of the Corporation represented in person or by proxy at the Meeting was 77,507,142 which represented 90.35% of the 85,782,830 common shares of the Corporation that were outstanding as of the record date for the Meeting, being April 25, 20
OTTAWA, Ontario, April 24, 2025 (GLOBE NEWSWIRE) -- Calian® Group Ltd. (TSX:CGY), a trusted provider of mission-critical solutions for defence, space and healthcare, today announced the appointment of Eric Demirian to its Board of Directors. Since 2003, Demirian has served as President of Parklea Capital Inc., a boutique financial and strategy advisory firm, and of Demicap Inc., a private investment firm. He was previously Executive Vice President at Group Telecom Inc. (2000–2003) and a partner at PricewaterhouseCoopers LLP (1983–2000), where he led the Information and Communications Practice. Demirian holds a Bachelor of Business Management from Toronto Metropolitan University and is a C
WATERLOO, Ontario, June 13, 2024 (GLOBE NEWSWIRE) -- The Descartes Systems Group Inc. (the "Corporation") announced the voting results from its annual meeting of shareholders held on Thursday, June 13, 2024 (the "Meeting"). Meeting Results The following matters, as set out in more detail in its Management Information Circular dated May 1, 2024, were considered and voted on by shareholders at the Meeting: General The total number of common shares of the Corporation represented in person or by proxy at the Meeting was 75,081,077 which represented 87.93% of the 85,390,142 common shares of the Corporation that were outstanding as of the record date for the Meeting, being April 26, 2024. E
WATERLOO, Ontario, June 15, 2023 (GLOBE NEWSWIRE) -- The Descartes Systems Group Inc. announced the voting results from its annual meeting of shareholders held on Thursday, June 15, 2023 (the "Meeting"). Meeting Results The following matters, as set out in more detail in its Management Information Circular dated May 10, 2023, were considered and voted on by shareholders at the Meeting: General The total number of common shares of the Corporation represented in person or by proxy at the Meeting was 75,061,434 which represented 88.23% of the 85,078,029 common shares of the Corporation that were outstanding on May 2,
WATERLOO, Ontario, June 16, 2022 (GLOBE NEWSWIRE) -- Descartes Systems Group (NASDAQ:DSGX) (TSX:DSG), the global leader in uniting logistics-intensive businesses in commerce, announced the voting results from its annual meeting of shareholders held on Thursday, June 16, 2022 (the "Meeting") and the appointment of certain officers. Meeting ResultsThe following matters, as set out in more detail in its Management Information Circular dated April 29, 2022, were considered and voted on by shareholders at the Meeting: GeneralThe total number of common shares of the Corporation represented in person or by proxy at the Meeting was 75,953,873, which represented 89.59% of the 84,781,562 c
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SC 13G/A - DESCARTES SYSTEMS GROUP INC (0001050140) (Subject)
SC 13G/A - DESCARTES SYSTEMS GROUP INC (0001050140) (Subject)
SC 13G/A - DESCARTES SYSTEMS GROUP INC (0001050140) (Subject)
SC 13G/A - DESCARTES SYSTEMS GROUP INC (0001050140) (Subject)
SC 13G/A - DESCARTES SYSTEMS GROUP INC (0001050140) (Subject)
SC 13G - DESCARTES SYSTEMS GROUP INC (0001050140) (Subject)
SC 13G - DESCARTES SYSTEMS GROUP INC (0001050140) (Subject)
SC 13G/A - DESCARTES SYSTEMS GROUP INC (0001050140) (Subject)
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SC 13G - DESCARTES SYSTEMS GROUP INC (0001050140) (Subject)