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  5. DCBO: Hi Peter the stock is pulling back I have some exposure in KXS and OTEX as the AI sector in Canada like to start a half position sometime, what is a good entry price for DCBO ? [Docebo Inc.]
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Q: Hi Peter
the stock is pulling back
I have some exposure in KXS and OTEX as the AI sector in Canada

like to start a half position sometime,
what is a good entry price for DCBO ?

thanks

Michael
Asked by Michael on July 13, 2023
5i Research Answer:

DCBO is not necessarily cheap by valuation standards, trading at a forward P/E of 87.9X, but analysts estimate sales growth between 21% to 25% annually over the next few years and earnings are expected to grow rapidly. A lot of the company's price hinges on continued growth and profitability, and we feel that a good entry price is between $47 and $50. 

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