DCBO
Docebo Inc. Technology - Software - Application Investor Relations →
Docebo Inc. (DCBO) closed at $19.08 as of 2026-02-02, trading 47.3% below its 200-week moving average of $36.22. This places DCBO in the extreme value zone. The stock is currently moving closer to the line, down from -45.9% last week. With a 14-week RSI of 24, DCBO is in oversold territory.
Over the past 222 weeks of data, DCBO has crossed below its 200-week moving average 5 times. On average, these episodes lasted 38 weeks. The average one-year return after crossing below was -15.5%, suggesting these dips have not historically been reliable buying opportunities for this stock.
With a market cap of $549 million, DCBO is a small-cap stock. The company generates a free cash flow yield of 1.6%. Return on equity stands at 50.0%, indicating strong profitability. The stock trades at 12.1x book value.
The company has been aggressively buying back shares, reducing its share count by 7.9% over the past three years. DCBO passes our Buffett quality screen: high return on equity, low debt, and positive free cash flow.
Over the past 4.3 years, a hypothetical investment of $100 in DCBO would have grown to $30, compared to $161 for the S&P 500. DCBO has returned -24.1% annualized vs 11.6% for the index, underperforming the broader market over this period.
Free cash flow has been volatile over the past several years, making the quality of earnings harder to assess.
Growth of $100: DCBO vs S&P 500
Monthly data normalized to $100 at start. Vertical dashed lines mark 200-week MA touches.
What Happens After DCBO Crosses Below the Line?
Across 5 historical episodes, buying DCBO when it crossed below its 200-week moving average produced an average return of -19.8% after 12 months (median -25.0%), compared to +16.4% for the S&P 500 over the same periods. 20% of those episodes were profitable after one year. After 24 months, the average return was -42.7% vs +37.3% for the index.
Each line shows $100 invested at the moment DCBO crossed below its 200-week MA. Bold blue = stock average. Gray dashed = S&P 500 average over same periods.
Historical Touches
DCBO has crossed below its 200-week MA 5 times with an average 1-year return of +-15.5% after recovery.
| Crossed Below | Recovered | Weeks | Max Depth | 1-Year Return | Return Since Touch |
|---|---|---|---|---|---|
| Jan 2022 | Nov 2023 | 97 | 54.4% | -39.3% | -64.1% |
| Nov 2023 | Dec 2023 | 2 | 2.3% | +10.2% | -57.8% |
| Jan 2024 | Feb 2024 | 7 | 5.9% | +0.7% | -56.4% |
| Apr 2024 | Oct 2024 | 27 | 25.6% | -33.7% | -57.5% |
| Dec 2024 | Ongoing | 58+ | 49.1% | Ongoing | -56.7% |
| Average | 38 | — | +-15.5% | — |
Not financial advice. This is an educational tool. Past performance does not guarantee future results. Do your own research before making investment decisions.
Data as of Friday close, 2026-02-02