DocuSign Stock Forecast, Price & News

16 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for DocuSign in the last twelve months. There are currently 3 sell ratings, 9 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" DocuSign stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in DOCU, but not buy additional shares or sell existing shares.
View analyst ratings for DocuSign or view top-rated stocks.

16 equities research analysts have issued 12 month target prices for DocuSign's shares. Their DOCU stock forecasts range from $50.00 to $340.00. On average, they predict DocuSign's share price to reach $132.60 in the next twelve months. This suggests a possible upside of 117.2% from the stock's current price.
View analysts' price targets for DocuSign or view top-rated stocks among Wall Street analysts.

DocuSign's stock was trading at $152.31 at the beginning of 2022. Since then, DOCU shares have decreased by 59.9% and is now trading at $61.04.
View the best growth stocks for 2022 here.

DocuSign is scheduled to release its next quarterly earnings announcement on Thursday, September 1st 2022.
View our earnings forecast for DocuSign.

DocuSign, Inc. (NASDAQ:DOCU) posted its quarterly earnings data on Thursday, June, 9th. The company reported $0.38 EPS for the quarter, missing the consensus estimate of $0.46 by $0.08. The firm had revenue of $588.69 million for the quarter, compared to analysts' expectations of $581.85 million. DocuSign had a negative trailing twelve-month return on equity of 17.17% and a negative net margin of 4.00%. The company's quarterly revenue was up 25.5% compared to the same quarter last year. During the same period in the previous year, the business earned ($0.03) EPS.
View DocuSign's earnings history.

DocuSign updated its second quarter 2023 earnings guidance on Thursday, June, 30th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $600.00 million-$604.00 million, compared to the consensus revenue estimate of $601.71 million.

782 employees have rated DocuSign CEO Daniel Springer on Glassdoor.com. Daniel Springer has an approval rating of 98% among DocuSign's employees. This puts Daniel Springer in the top 20% of approval ratings compared to other CEOs of publicly-traded companies.

Some companies that are related to DocuSign include VMware (VMW), Synopsys (SNPS), Snowflake (SNOW), Cadence Design Systems (CDNS), CrowdStrike (CRWD), Autodesk (ADSK), Square (SQ), Electronic Arts (EA), Datadog (DDOG), Veeva Systems (VEEV), Atlassian (TEAM), ANSYS (ANSS), MongoDB (MDB), Palantir Technologies (PLTR) and Roblox (RBLX).
View all of DOCU's competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other DocuSign investors own include NVIDIA (NVDA), Square (SQ), Tesla (TSLA), Advanced Micro Devices (AMD), Zoom Video Communications (ZM), PayPal (PYPL), Salesforce (CRM), Alibaba Group (BABA), Shopify (SHOP) and Netflix (NFLX).

(DOCU) raised $542 million in an initial public offering on Friday, April 27th 2018. The company issued 21,700,000 shares at a price of $24.00-$26.00 per share. Morgan Stanley and J.P. Morgan acted as the underwriters for the IPO and Citigroup, BofA Merrill Lynch, Deutsche Bank Securities, JMP Securities, Pper Jaffray and William Blair were co-managers.

DocuSign trades on the NASDAQ under the ticker symbol "DOCU."

Shares of DOCU can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

One share of DOCU stock can currently be purchased for approximately $61.04.

DocuSign (NASDAQ:DOCU) has a market capitalization of $12.20 billion and generates $2.11 billion in revenue each year. The company earns $-69.98 million in net income (profit) each year or ($0.450010) on an earnings per share basis.

DocuSign employs 7,461 workers across the globe.

DocuSign's mailing address is 221 Main St. Suite 1550, San Francisco CA, 94105. The official website for DocuSign is www.docusign.com. The company can be reached via phone at (415) 489-4940 or via email at [email protected].