CS Disco (LAW) Stock Price, News & Analysis

Company Overview

CS Disco (NYSE:LAW) is a legal technology company specializing in cloud-native, AI-driven e-discovery software designed to streamline litigation, investigations and regulatory compliance. Founded in 2013 and headquartered in Austin, Texas, the company aims to replace legacy on-premises systems with a modern, purpose-built platform that accelerates document review, enhances analytics and reduces administrative overhead.

The core of CS Disco’s offering is its flagship DISCO Ediscovery platform, which integrates data ingestion, processing and analytics in a single workflow. Leveraging machine learning and proprietary analytics engines, DISCO identifies relevant documents, clusters related information and automates repetitive review tasks. Complementary modules support early case assessment, privilege review, production management and post-review reporting, while open APIs and prebuilt connectors enable integration with common data sources and third-party applications.

CS Disco serves a global customer base that includes Am Law 200 and Magic Circle law firms, corporate legal departments and government agencies. The platform is designed to scale across matters of varying sizes and geographies, with deployments in North America, Europe and the Asia-Pacific region. By offering a secure, cloud-native environment, CS Disco addresses data privacy and regulatory requirements while providing real-time collaboration and audit tracking for distributed legal teams.

The company’s executive leadership is led by CEO Michael Walsh, whose background spans legal services, software development and cloud infrastructure. Supported by a team of seasoned professionals in product development, client success and regulatory compliance, CS Disco invests heavily in research and development to incorporate the latest advances in natural language processing and predictive analytics. By continually iterating on its platform, the company seeks to empower legal professionals to focus on strategic casework rather than manual document management.

Key Stats

• Today's Range: $4.49 to $4.72
• 50-Day Range: $3.54 to $4.48
• 52-Week Range: $3.31 to $6.64
• Volume: 225,980 shs
• Average Volume: 135,712 shs
• Market Capitalization: $272.06 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $6.75
• Consensus Rating: Moderate Buy

CS Disco Stock Analysis - MarketRank™

CS Disco scored higher than 58% of companies evaluated by MarketBeat, and ranked 341st out of 662 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.3 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

CS Disco has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 1 buy rating, 1 hold rating, and no sell ratings.

Amount of Analyst Coverage

CS Disco has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: Growing

Earnings Growth

Earnings for CS Disco are expected to grow in the coming year, from ($0.64) to ($0.40) per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of CS Disco is -4.76, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of CS Disco is -4.76, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

CS Disco has a P/B Ratio of 1.82. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

2.03% of the float of CS Disco has been sold short.

Short Interest Ratio / Days to Cover

CS Disco has a short interest ratio ("days to cover") of 3.5, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in CS Disco has recently increased by 8.80%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

CS Disco does not currently pay a dividend.

Dividend Growth

CS Disco does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

2.03% of the float of CS Disco has been sold short.

Short Interest Ratio / Days to Cover

CS Disco has a short interest ratio ("days to cover") of 3.5, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in CS Disco has recently increased by 8.80%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 2.7 / 5
• News Sentiment: N/A

News Sentiment

CS Disco has a news sentiment score of 1.87. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.66 average news sentiment score of Computer and Technology companies.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, CS Disco insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $575,662.00 in company stock.

Percentage Held by Insiders

16.10% of the stock of CS Disco is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

58.05% of the stock of CS Disco is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

LAW Stock Analysis - Frequently Asked Questions

How have LAW shares performed this year?

CS Disco's stock was trading at $4.99 at the beginning of the year. Since then, LAW shares have decreased by 10.3% and is now trading at $4.4740.

How were CS Disco's earnings last quarter?

CS Disco, Inc. (NYSE:LAW) announced its earnings results on Thursday, February, 20th. The company reported ($0.16) earnings per share for the quarter, missing the consensus estimate of ($0.11) by $0.05. The company had revenue of $37 million for the quarter, compared to the consensus estimate of $36.03 million. CS Disco had a negative trailing twelve-month return on equity of 25.45% and a negative net margin of 38.78%.
Read the conference call transcript.

When did CS Disco IPO?

CS Disco (LAW) raised $192 million in an IPO on Wednesday, July 21st 2021. The company issued 7,000,000 shares at $26.00-$29.00 per share.

How do I buy shares of CS Disco?

Shares of LAW stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of CS Disco own?

Based on aggregate information from My MarketBeat watchlists, some other companies that CS Disco investors own include American Water Works (AWK), Waste Connections (WCN), The RMR Group (RMR), Humana (HUM), Voyager Therapeutics (VYGR), AU Optronics (AUOTY) and DiamondRock Hospitality (DRH).

Company Calendar

• Last Earnings: 2/20/2025
• Today: 7/06/2025
• Next Earnings (Estimated): 8/06/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Computer and Technology
• Industry: INTERNET SOFTWARE
• Sub-Industry: Computer Software
• Current Symbol: NYSE:LAW
• CIK: 1625641
• Web: www.csdisco.com
• Phone: 833-653-4726
• Fax: N/A
• Employees: 660
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $6.75
• High Stock Price Target: $8.00
• Low Stock Price Target: $5.50
• Potential Upside/Downside: +50.9%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.50
• Research Coverage: 2 Analysts

Profitability

• EPS (Trailing Twelve Months): ($0.94)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: -$55.77 million
• Net Margins: -38.78%
• Pretax Margin: -38.51%
• Return on Equity: -25.45%
• Return on Assets: -21.57%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 7.50
• Quick Ratio: 7.50

Sales & Book Value

• Annual Sales: $144.84 million
• Price / Sales: 1.88
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $2.46 per share
• Price / Book: 1.82

Miscellaneous

• Outstanding Shares: 60,810,000
• Free Float: 51,017,000
• Market Cap: $272.06 million
• Optionable: Not Optionable
• Beta: 2.06