Docebo shareholders elect all seven director nominees at annual meeting

TORONTO - Docebo Inc. (NASDAQ:DCBO; TSX:DCBO), a learning platform provider with an impressive 80.7% gross profit margin and currently trading near $27.42, announced that shareholders approved all seven director nominees at its annual general meeting held Tuesday. According to InvestingPro analysis, the company appears undervalued despite its stock declining about 44% over the past six months.

According to voting results released in a press release, the elected board members received strong support, with approval rates ranging from 94.58% to 99.93%. Trisha Price received the highest approval at 99.93%, while Jason Chapnik received 94.58% of votes cast.

The complete list of elected directors includes Jason Chapnik, Alessio Artuffo, James Merkur, Kristin Halpin Perry, Steven E. Spooner, William Anderson, and Trisha Price.

Shareholders also approved the appointment of KPMG LLP as the company’s auditor for the 2025 fiscal year by a majority vote.

Docebo, which provides an end-to-end learning platform for enterprises, made the voting results available under its profile on SEDAR+ and EDGAR regulatory filing systems.

The annual general meeting took place on June 10, 2025, with shareholders participating through proxies and virtual voting.

In other recent news, Docebo Inc. reported its first-quarter 2025 earnings, surpassing earnings per share (EPS) expectations with a reported $0.27 per share compared to the forecasted $0.26. However, the company experienced a revenue shortfall, reporting $57.3 million against the expected $58.59 million. Docebo has also reduced its full-year revenue growth guidance to 9-10%. The company recently achieved FedRAMP Moderate Authorization, allowing it to offer cloud-based learning solutions to U.S. federal agencies, positioning it as a trusted provider for federal workforce development. Analyst activity included Morgan Stanley downgrading Docebo from Overweight to Equalweight, with a lowered price target of $32 due to concerns over deceleration in revenue growth trends. Conversely, Cantor Fitzgerald initiated coverage with an Overweight rating and a price target of $35, highlighting Docebo’s potential in the education technology market. These developments reflect Docebo’s strategic focus on AI-driven innovations and expanding its government market opportunities.

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