NASDAQ:DOCUDocusign Stock Price, Forecast & News

Docusign's stock was trading at $75.00 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, DOCU shares have increased by 165.8% and is now trading at $199.38.
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19 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Docusign in the last year. There are currently 6 hold ratings and 13 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
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Docusign is scheduled to release its next quarterly earnings announcement on Thursday, September 3rd 2020.
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Docusign Inc (NASDAQ:DOCU) announced its quarterly earnings data on Thursday, June, 4th. The company reported $0.12 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.10 by $0.02. The business earned $297.02 million during the quarter, compared to analysts' expectations of $281.12 million. Docusign had a negative net margin of 19.91% and a negative return on equity of 29.36%. The business's quarterly revenue was up 38.8% compared to the same quarter last year. During the same quarter last year, the company earned $0.07 EPS.
View Docusign's earnings history.

Docusign updated its FY 2021 After-Hours earnings guidance on Thursday, June, 4th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $1.313-1.317 billion, compared to the consensus revenue estimate of $1.26 billion.

19 brokers have issued 12-month price targets for Docusign's stock. Their forecasts range from $52.00 to $240.00. On average, they anticipate Docusign's stock price to reach $143.83 in the next year. This suggests that the stock has a possible downside of 27.9%.
View analysts' price targets for Docusign.

News articles about DOCU stock have been trending negative this week, InfoTrie Sentiment Analysis reports. InfoTrie ranks the sentiment of media coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Docusign earned a daily sentiment score of -2.4 on InfoTrie's scale. They also gave press coverage about the company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the company's share price in the next few days.
View the latest news about Docusign.

Docusign saw a drop in short interest during the month of July. As of July 31st, there was short interest totaling 8,700,000 shares, a drop of 19.1% from the July 15th total of 10,760,000 shares. Based on an average trading volume of 5,000,000 shares, the short-interest ratio is presently 1.7 days. Approximately 5.2% of the company's shares are short sold.
View Docusign's Short Interest.

Some companies that are related to Docusign include Shopify (SHOP), ServiceNow (NOW), Intuit (INTU), Activision Blizzard (ATVI), Square (SQ), VMware (VMW), Uber Technologies (UBER), Autodesk (ADSK), Dassault Systemes (DASTY), Electronic Arts (EA), Veeva Systems (VEEV), Twilio (TWLO), Splunk (SPLK), Cadence Design Systems (CDNS) and Synopsys (SNPS).
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Based on aggregate information from My MarketBeat watchlists, some companies that other Docusign investors own include NVIDIA (NVDA), Square (SQ), salesforce.com (CRM), Alibaba Group (BABA), Paypal (PYPL), Shopify (SHOP), Zoom Video Communications (ZM), Advanced Micro Devices (AMD), Netflix (NFLX) and Trade Desk (TTD).

(DOCU) raised $542 million in an initial public offering on Friday, April 27th 2018. The company issued 21,700,000 shares at $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."

Docusign's stock is owned by a variety of retail and institutional investors. Top institutional investors include Mint Tower Capital Management B.V. (3.27%), First Trust Advisors LP (1.45%), Blair William & Co. IL (1.01%), Wasatch Advisors Inc. (0.56%), Sumitomo Mitsui Trust Holdings Inc. (0.52%) and Victory Capital Management Inc. (0.50%). Company insiders that own Docusign stock include Enrique T Salem, John M Hinshaw, Keith J Krach, Kirsten O Wolberg, Loren Alhadeff, Mary G Meeker, Peter Solvik, Reginald D Davis, Scott V Olrich and William Neil Hudspith.
View institutional ownership trends for Docusign.

DOCU stock was sold by a variety of institutional investors in the last quarter, including Wasatch Advisors Inc., Victory Capital Management Inc., Russell Investments Group Ltd., Thrivent Financial for Lutherans, Columbus Circle Investors, Federated Hermes Inc., Scout Investments Inc., and Lateef Investment Management L.P.. Company insiders that have sold Docusign company stock in the last year include Enrique T Salem, John M Hinshaw, Kirsten O Wolberg, Loren Alhadeff, Peter Solvik, and Scott V Olrich.
View insider buying and selling activity for Docusign.

DOCU stock was purchased by a variety of institutional investors in the last quarter, including Mint Tower Capital Management B.V., Blair William & Co. IL, FIL Ltd, Swiss National Bank, Robeco Institutional Asset Management B.V., Bank of Nova Scotia, ProShare Advisors LLC, and Obermeyer Wood Investment Counsel Lllp.
View insider buying and selling activity for Docusign.

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

One share of DOCU stock can currently be purchased for approximately $199.38.

Docusign has a market capitalization of $36.59 billion and generates $973.97 million in revenue each year. The company earns $-208,360,000.00 in net income (profit) each year or ($0.94) on an earnings per share basis. Docusign employs 3,909 workers across the globe.

The official website for Docusign is www.docusign.com.

Docusign's mailing address is 221 Main St. Suite 1550, San Francisco CA, 94105. The company can be reached via phone at 415-489-4940 or via email at [email protected]