The Globe and Mail reports in its Tuesday, March 4, edition that ATB Capital Markets analyst Martin Toner has elevated his recommendation for Docebo to "outperform" from "sector perform." The Globe's David Leeder writes in the Eye On Equities column that Mr. Toner continues to target the shares at $75. Analysts on average target the shares at $72.17. Mr. Toner thinks Docebo is now "becoming an AI play." Mr. Toner says in a note: "Docebo continues to build on its AI strategy, both from a product integration standpoint and corporate standpoint. According to management, Docebo has built their own proprietary AI platform as a service, and believe that agentic AI will enable customers to personalize learning experiences. Longer-term, the vision is to become a hub for an AI learning experience, enabling customers to execute both complex and simple tasks within the platform. Management believes that AI will allow Docebo to expand its revenue streams and increase stickiness of platform, while also enabling the company to reduce costs internally and improve margins. Specifically, management sees opportunities to use AI for pipeline generation, sales ops and R&D to enhance operating leverage."
© 2025 Canjex Publishing Ltd. All rights reserved.