DCBO
Docebo Inc.
DCBO
24.25USD
+3.54%
Sep 14, 2026
Price
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Price Action
Constructive pullback in an uptrend
Longer-term context reads early recovery, with a near-term setup of constructive pullback.
EntryConstructive
Structure is constructive on both timeframes without excessive extension — a reasonable entry location.
Key Financials
- Market Cap
- $603.6M
- Avg Volume (60D)
- 86.8K
- Revenue Growth YoY
- +12.3%
- Gross Margin
- +79.6%
- Operating Margin
- +8.6%
- Free Cash Flow Yield
- +7.2%
- Distance from 200DMA
- +23.0%
- Next Earnings
- 2026-11-06
- P/E
- 21.1x
- EV / EBITDA
- 17.6x
- EV / Sales
- 2.5x
60 sessions
Trailing twelve months
Trailing twelve months
Market metrics as of Sep 13, 2026
Fundamentals & Valuation
One of the two valuation perspectives says cheap; peers is the dissenting view.
Docebo Inc. has a Cheap valuation stance because current market expectations look undemanding relative to how much growth and cash flow it delivers per turn of revenue multiple.
Company Research
Thesis
Docebo is a direct enterprise-software participant, combining learning delivery with skills intelligence, knowledge access, AI-assisted content and administration, and AI-enabled practice and evaluation workflows.
Opportunity
Moderate opportunity
Enterprise spending on platforms that identify workforce skill gaps, deliver role-relevant learning and practice, and measure readiness as AI changes job tasks, operating processes, and required competencies.
Key risk
Competition from larger LMS providers.
Narrative & Theme
AI Workforce Transformation
Part of Enterprise Skills Intelligence and AI Workforce Readiness Platforms, with strong fit.
DCBO is more than a conventional LMS vendor: its current platform strategy centers on enterprise workforce readiness, combining learning management, skills intelligence, enterprise knowledge, AI content creation and automation, and simulation-based coaching.
Narrative HeatHeating up7.0 / 10
Theme HeatHeating up7.0 / 10
This is the company’s own research reading. The canonical heat measurement for this story has not run.
Business & Markets
Technology · Software - Application
What they do
Docebo Inc. develops and operates a cloud-based learning management platform that enables organizations to deliver and manage personalized training programs internationally.
How it earns
The company generates revenue primarily through subscription fees for access to its learning management platform and related content services.
Products & services
Docebo Learn platform
Docebo Content Marketplace
Insights module
Learning Evaluation module
Customers & end markets
Corporate learning and development departments
Training administrators in various industries
Market position
Docebo is a recognized player in the learning management system market, competing with other established software providers.
Demand drivers
Low cyclicality
Demand for corporate training platforms tends to be stable and driven by ongoing workforce development needs rather than economic cycles.
Peers
Companies validated as economically comparable to DCBO — similar business, revenue model and scale.
PRICE ACTIONVALUATIONTHEME
Coursera is a direct platform operator that monetizes online professional learning, credentials, and enterprise skill-development programs. Following its 2026 combination with Udemy, it is building a broader skills platform spanning consumer and enterprise learning, with AI-enabled learning, content-authoring, skills assessment, and personalized learning workflows.
NarrativeAI Workforce Transition and Skills ReconfigurationThemeEnterprise AI Upskilling and Skills Intelligence Platforms
Weak or broken price action.30-day price action