Avoid the stress of overpaying for a stock or missing an opportunity by using the right tools and insights to evaluate Docebo Inc before investing.

In this article, we go over a few key elements for understanding Docebo Inc’s stock price such as:

• Docebo Inc’s current stock price and volume
• Why Docebo Inc’s stock price changed recently
• Upgrades and downgrades for DCBO from analysts
• DCBO’s stock price momentum as measured by its relative strength

About Docebo Inc (DCBO)

Before we jump into Docebo Inc’s stock price, history, target price and what caused it to recently dip, let’s take a look at some background.

Docebo Inc. is a provider of learning platform with a foundation in artificial intelligence (AI) and innovation. The Company is engaged in redefining the way enterprises leverage technology to create and manage content, deliver training, and understand the business impact of their learning experiences. It provides an easy-to-use and configurable learning platform with the end-to-end capabilities and critical functionality needed to train internal and external workforces, partners and customers. It offers a learning suite that includes Learn Learning Management Systems (LMS), Shape, Content, Learning Impact, Learning Data, Connect and Flow. Its Learn LMS is a cloud-based learning platform that allows learning administrators to deliver scalable and flexible personalized learning experiences. The Company is also focused on generative AI-based learning technology that uses advanced large language models (LLM) and algorithms to optimize learning paths and adapt to individual learners needs.

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Docebo Inc’s Stock Price as of Market Close

As of May 10, 2024, 4:00 PM, CST, Docebo Inc’s stock price was $35.81.

Docebo Inc is down 22.91% from its previous closing price of $46.45.

During the last market session, Docebo Inc’s stock traded between $45.79 and $46.90. Currently, there are 31.38 million shares of Docebo Inc stock available for purchase.

Docebo Inc’s price-earnings (P/E) ratio is currently at 447.9, which is high compared to the Software industry median of 48.3. The price-earnings ratio gauges market expectation of future performance by relating a stock’s current share price to its earnings per share.

Docebo Inc Stock Price History

Docebo Inc’s (DCBO) price is currently down 20.03% so far this month.

During the month of May, Docebo Inc’s stock price has reached a high of $47.50 and a low of $35.47.

Over the last year, Docebo Inc has hit prices as high as $56.41 and as low as $29.40. Year to date, Docebo Inc’s stock is up 8.06%.

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What Caused Docebo Inc Stock’s Price to Dip?

Stock prices are primarily based on seller supply and buyer demand. But have you ever wondered about what other factors affect a stock's price?

One of the most common factors that can drastically impact a stock’s price is analyst upgrades and downgrades. When an analyst changes their opinion of a stock by upgrading or downgrading their rating, it often leads to a sudden stock price adjustment. However, as of May 09, 2024,, no analysts have changed their rating of Docebo Inc’s stock over the last month.

Additionally, you'll want to evaluate Docebo Inc’s financial health and valuation. Investors can use AAII's Value Grade, which combines six key valuation metrics like P/E and P/S ratios for a comprehensive analysis to conduct analysis on Docebo Inc’s valuation and financial health. This approach mitigates the limitations of single-metric evaluations.

Docebo Inc’s current valuation based on AAII’s Value Grade is a F, which means it is considered to be Ultra Expensive.

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Lastly, news and media coverage as well as recent press reports about the company or its industry may cause stock prices to fluctuate. You can check out the most recent news articles about Docebo Inc (DCBO) by visiting AAII Stock Evaluator.

Relative Price Strength of Docebo Inc

Relative price strength measures a stock's performance against the market, helping investors identify stocks that are outperforming benchmarks.

For AAII’s Momentum Grade, a weighted relative price strength is calculated. Follow this link to learn more about the Momentum Grade.

As of May 09, 2024, Docebo Inc has a weighted four-quarter relative price strength of -0.17%, which translates to a Momentum Score of 64 and is considered to be Strong.

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Docebo Inc Stock Price: Bottom Line

As of May 10, 2024, Docebo Inc’s stock price is $35.81, which is down 22.91% from its previous closing price.

AAII advises against making stock decisions based solely on price or past returns. Instead, consider a variety of metrics, fundamentals, and analytics to evaluate a stock like Docebo Inc stock prices are influenced by market supply and demand and offer just a snapshot of a company's overall health.

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