Earnings and Platform Development Powering The Descartes Systems Group Inc. (DSGX) Bullish Thesis

The Descartes Systems Group Inc. (NASDAQ:DSGX) is one of the 11 best 52-week low technology stocks to buy now. Scotiabank lowered its price target on The Descartes Systems Group Inc. (NASDAQ:DSGX) from $115 to $95 while reaffirming an Outperform rating on February 11. The firm’s adjusted price target suggests an additional 43.77% upside from current levels. This is also the lowest Wall Street price target, as per 15 analysts covering the stock. According to the analyst, the software stocks have had a rough start to 2026. However, he highlighted that there are select opportunities for certain stocks to outperform within the software sector.

Earlier on January 12, Barclays upgraded The Descartes Systems Group Inc. (NASDAQ:DSGX) from Equal Weight to Overweight while slightly reducing its price target from $106 to $105. The analysts view the company’s third-quarter FY2026 results as a positive turning point that has been largely overlooked. They believe that the company is moving beyond the effects of uncertain macroeconomic conditions. The firm also pointed to The Descartes Systems Group Inc.’s (NASDAQ:DSGX) ongoing platform development, which sets it apart from competitors and improves network effects.

Analyst Lenschow and his team commented on the outlook of the company:

“Hence, we see potential for Descartes to outperform in CY26 and discuss three points supporting our improved company outlook.”

The Descartes Systems Group Inc. (NASDAQ:DSGX) is a provider of global logistics technology solutions. The company offers a wide range of solutions, including transportation management; customs and regulatory compliance; routing, mobile, and telematics; shipping, and fulfillment; broker and forwarder enterprise systems; global trade intelligence; and B2B messaging and connectivity services.

While we acknowledge the potential of DSGX as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.