NASDAQ:DOCU DocuSign (DOCU) Stock Forecast, Price & News $41.32 +0.28 (+0.68%) (As of 09/27/2023 ET) Add Compare Share Share Today's Range$41.18▼$41.9450-Day Range$41.04▼$54.1852-Week Range$39.57▼$69.45Volume4.34 million shsAverage Volume3.93 million shsMarket Capitalization$8.40 billionP/E RatioN/ADividend YieldN/APrice Target$61.69 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainabilityProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability DocuSign MarketRank™ ForecastAnalyst RatingHold2.00 Rating ScoreUpside/Downside49.3% Upside$61.69 Price TargetShort InterestHealthy4.81% of Shares Sold ShortDividend StrengthN/ASustainability-0.68Upright™ Environmental ScoreNews Sentiment0.78Based on 12 Articles This WeekInsider TradingSelling Shares$5.65 M Sold Last QuarterProj. Earnings Growth-10.00%From $0.40 to $0.36 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.50 out of 5 starsBusiness Services Sector90th out of 315 stocksPrepackaged Software Industry51st out of 203 stocks 4.0 Analyst's Opinion Consensus RatingDocuSign has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on 3 buy ratings, 7 hold ratings, and 3 sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $61.69, DocuSign has a forecasted upside of 49.3% from its current price of $41.32.Amount of Analyst CoverageDocuSign has been the subject of 8 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 3.0 Short Interest Percentage of Shares Shorted4.81% of the outstanding shares of DocuSign have been sold short.Short Interest Ratio / Days to CoverDocuSign has a short interest ratio ("days to cover") of 3, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in DocuSign has recently increased by 12.93%, indicating that investor sentiment is decreasing significantly. Previous Next 0.0 Dividend Strength Dividend YieldDocuSign does not currently pay a dividend.Dividend GrowthDocuSign does not have a long track record of dividend growth. Previous Next 3.5 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreDocuSign has received a 40.33% net impact score from Upright. DocuSign seems to create the most significant positive value in categories "Taxes", "Distributing knowledge", and "Knowledge infrastructure". The positive contribution in the "Distributing knowledge" impact category is driven by its "Contract management software", "Digital signature software", and "Online identification software" products. See details.Environmental SustainabilityThe Environmental Impact score for DocuSign is -0.68. Previous Next 3.2 News and Social Media Coverage News SentimentDocuSign has a news sentiment score of 0.78. 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 news sentiment score is similar to the average news sentiment of Business Services companies.News Coverage This WeekMarketBeat has tracked 12 news articles for DocuSign this week, compared to 8 articles on an average week.Search Interest63 people have searched for DOCU on MarketBeat in the last 30 days. This is an increase of 200% compared to the previous 30 days.MarketBeat Follows31 people have added DocuSign to their MarketBeat watchlist in the last 30 days. This is an increase of 107% compared to the previous 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, DocuSign insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $5,652,545.00 in company stock.Percentage Held by Insiders17.80% of the stock of DocuSign is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by Institutions77.96% of the stock of DocuSign is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 0.0 Earnings and Valuation Earnings GrowthEarnings for DocuSign are expected to decrease by -10.00% in the coming year, from $0.40 to $0.36 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of DocuSign is -459.06, 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. SectorThe P/E ratio of DocuSign is -459.06, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Growth RatioDocuSign has a PEG Ratio of 7.54. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioDocuSign has a P/B Ratio of 9.91. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About DocuSign (NASDAQ:DOCU) StockDocuSign, Inc. provides electronic signature solution in the United States and internationally. The company provides DocuSign e-signature solution that enables sending and signing of agreements on various devices; Contract Lifecycle Management (CLM), which automates workflows across the entire agreement process; and Gen for Salesforce, which allows sales representatives to automatically generate agreements with a few clicks from within Salesforce. It also provides Identify, a signer-identification option for checking government-issued IDs; Standards-Based Signatures, which support signatures that involve digital certificates; and Monitor that uses advanced analytics to track DocuSign eSignature web, mobile, and API account. In addition, the company offers Rooms for Real Estate that provides a way for brokers and agents to manage the entire real estate transaction digitally; DocuSign Federal and DocuSign CLM are FedRAMP, an authorized version of DocuSign eSignature for U.S. federal government agencies; and life sciences modules that support compliance with the electronic signature practices. The company sells its products through direct and partner-assisted sales, and web-based self-service purchasing. The company was incorporated in 2003 and is headquartered in San Francisco, California.Read More DOCU Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart DOCU Stock News HeadlinesSeptember 9, 2023 | marketbeat.comMarketBeat Week in Review – 9/4 - 9/8 (DOCU)This market continues to be filled with contradictions, but the MarketBeat team is here to help you find the opportunities that continue to existSeptember 8, 2023 | marketbeat.comThis Beaten Down Stock Just Flashed 2 Buy SignalsDespite being all time lows, things are starting to look good. Docusign reported its Q2 earnings last night which flashed two very strong buy signals.September 28, 2023 | UNKNOWN (Ad)A Bio-Tech Stock That Has Been Growing Like Crazy!Recent News for This One Bio-Tech Has Us All Getting Excited. Sign Up today And Learn MoreSeptember 27, 2023 | msn.comDocuSign shares inch higher after HSBC upgrades ratingSeptember 26, 2023 | bizjournals.comBusiness Journal moves to smaller office in downtown SeattleSeptember 26, 2023 | finance.yahoo.comJobber Announces New Integration with DocuSign eSignatureSeptember 26, 2023 | markets.businessinsider.comStrong Future Performance & High Return Potential: Tyler Radke’s Buy Rating on DocuSign’s StockSeptember 23, 2023 | americanbankingnews.comDocuSign, Inc. (NASDAQ:DOCU) Given Average Rating of "Reduce" by AnalystsSeptember 28, 2023 | UNKNOWN (Ad)A Bio-Tech Stock That Has Been Growing Like Crazy!Recent News for This One Bio-Tech Has Us All Getting Excited. Sign Up today And Learn MoreSeptember 20, 2023 | americanbankingnews.comReviewing DocuSign (NASDAQ:DOCU) & Everbridge (NASDAQ:EVBG)September 20, 2023 | finance.yahoo.comInsider Sell: Stephen Shute Sells 13,606 Shares of DocuSign IncSeptember 15, 2023 | msn.comHSBC Initiates Coverage of DocuSign (DOCU) with Reduce RecommendationSeptember 14, 2023 | finance.yahoo.comDocuSign's Revolutionary AI Technology Is Transforming Agreement ManagementSeptember 14, 2023 | msn.comCitigroup Maintains DocuSign (DOCU) Buy RecommendationSeptember 14, 2023 | finance.yahoo.comAI can 'take out a lot of friction' in drafting workflows: DocuSign CEOSeptember 13, 2023 | markets.businessinsider.comAnalyst Expectations for DocuSign's FutureSeptember 12, 2023 | msn.comDocuSign: Upgrading To Buy On Growth, Net Cash, And Share RepurchasesSeptember 12, 2023 | finance.yahoo.comWhy DocuSign (DOCU) is a Top Growth Stock for the Long-TermSeptember 12, 2023 | finance.yahoo.comDocuSign (DOCU) Plunges 10% Despite Q2 Earnings & Revenue BeatSeptember 12, 2023 | finance.yahoo.comDocuSign (NASDAQ:DOCU) Might Have The Makings Of A Multi-BaggerSeptember 12, 2023 | seekingalpha.comDocuSign: Still Searching For Cycle BottomSeptember 11, 2023 | seekingalpha.comDocuSign: Buy While The Market Is Looking The Other Way (Ratings Upgrade)September 11, 2023 | finance.yahoo.comDocuSign (DOCU)'s True Worth: A Comprehensive Analysis of Its Market ValueSeptember 11, 2023 | finance.yahoo.comDecoding DocuSign Inc (DOCU)'s Performance Potential: A Deep Dive into the GuruFocus ScoreSeptember 11, 2023 | finance.yahoo.comDocuSign, Inc.: Maintaining HOLD after 2Q24 resultsSeptember 10, 2023 | finance.yahoo.comIs DocuSign Stock Finally On the Road to Recovery After Its Spectacular Fall from Grace?September 10, 2023 | thestreet.comDocuSign slumps as modest revenue forecast boost, margin guide mar Q2 earningsSee More Headlines Receive DOCU Stock News and Ratings via Email Sign-up to receive the latest news and ratings for DocuSign and its competitors with MarketBeat's FREE daily newsletter. Email Address DOCU Company Calendar Last Earnings9/07/2023Today9/28/2023Next Earnings (Estimated)12/14/2023Fiscal Year End1/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Prepackaged software Sub-IndustryN/A SectorBusiness Services Current SymbolNASDAQ:DOCU CUSIPN/A CIK1261333 Webwww.docusign.com Phone(415) 489-4940FaxN/AEmployees7,336Year FoundedN/APrice Target and Rating Average Stock Price Forecast$61.69 High Stock Price Forecast$87.00 Low Stock Price Forecast$42.00 Forecasted Upside/Downside+49.3%Consensus RatingHold Rating Score (0-4)2.00 Research Coverage13 Analysts Profitability EPS (Most Recent Fiscal Year)($0.09) Trailing P/E RatioN/A Forward P/E Ratio103.30 P/E Growth7.54Net Income$-97,450,000.00 Net Margins-0.64% Pretax Margin0.21% Return on Equity11.30% Return on Assets2.50% Debt Debt-to-Equity RatioN/A Current Ratio0.88 Quick Ratio0.88 Sales & Book Value Annual Sales$2.52 billion Price / Sales3.34 Cash Flow$1.17 per share Price / Cash Flow35.41 Book Value$4.17 per share Price / Book9.91Miscellaneous Outstanding Shares203,210,000Free Float167,035,000Market Cap$8.40 billion OptionableOptionable Beta0.90 The Best High-Yield Dividend Stocks for 2023Looking to generate income with your stock portfolio? Use these ten stocks to generate a safe and reliable source of investment income.Get This Free Report Key ExecutivesMr. Allan C. Thygesen (Age 60)CEO & Director Comp: $1.4MMs. Inhi Cho Suh (Age 47)Pres of Product & Technology Comp: $865kMr. James P. Shaughnessy Esq. (Age 68)Chief Legal Officer Comp: $694.07kMr. Stephen Shute (Age 52)Pres of Worldwide Field Operations Comp: $759.62kMr. Robert Chatwani (Age 47)Pres & GM of Growth Mr. Blake Jeffrey Grayson (Age 50)Exec. VP & CFO Mr. Anwar AkramChief Operating OfficerMs. Shanthi IyerChief Information OfficerHeather Kalista HarwoodHead of Investor RelationsMs. Jennifer ChristieChief People OfficerMore ExecutivesKey CompetitorsConfluentNASDAQ:CFLTProcore TechnologiesNYSE:PCORElasticNYSE:ESTCFull Truck AllianceNYSE:YMMUiPathNYSE:PATHView All CompetitorsInsiders & InstitutionsBarclays PLCSold 97,226 shares on 9/21/2023Ownership: 0.150%Stephen ShuteSold 13,606 sharesTotal: $591,997.06 ($43.51/share)Farther Finance Advisors LLCBought 419 shares on 9/12/2023Ownership: 0.000%Portside Wealth Group LLCBought 30,748 shares on 9/1/2023Ownership: 0.015%Wolverine Trading LLCSold 13,800 shares on 8/23/2023Ownership: 0.000%View All Insider TransactionsView All Institutional Transactions DOCU Stock - Frequently Asked Questions Should I buy or sell DocuSign stock right now? 13 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for DocuSign in the last twelve months. There are currently 3 sell ratings, 7 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" DOCU shares. 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 DOCU analyst ratings or view top-rated stocks. What is DocuSign's stock price forecast for 2023? 13 brokerages have issued 1-year price targets for DocuSign's shares. Their DOCU share price forecasts range from $42.00 to $87.00. On average, they expect the company's stock price to reach $61.69 in the next twelve months. This suggests a possible upside of 49.3% from the stock's current price. View analysts price targets for DOCU or view top-rated stocks among Wall Street analysts. How have DOCU shares performed in 2023? DocuSign's stock was trading at $55.42 at the beginning of 2023. Since then, DOCU shares have decreased by 25.4% and is now trading at $41.32. View the best growth stocks for 2023 here. Are investors shorting DocuSign? DocuSign saw a increase in short interest in September. As of September 15th, there was short interest totaling 9,780,000 shares, an increase of 12.9% from the August 31st total of 8,660,000 shares. Based on an average trading volume of 3,270,000 shares, the days-to-cover ratio is currently 3.0 days. View DocuSign's Short Interest. When is DocuSign's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, December 14th 2023. View our DOCU earnings forecast. How were DocuSign's earnings last quarter? DocuSign, Inc. (NASDAQ:DOCU) released its quarterly earnings results on Thursday, September, 7th. The company reported $0.72 EPS for the quarter, topping analysts' consensus estimates of $0.66 by $0.06. The company earned $687.69 million during the quarter, compared to analysts' expectations of $677.56 million. DocuSign had a positive trailing twelve-month return on equity of 11.30% and a negative net margin of 0.64%. The firm's revenue was up 10.5% on a year-over-year basis. During the same quarter in the previous year, the firm posted ($0.18) EPS. What ETFs hold DocuSign's stock? ETFs with the largest weight of DocuSign (NASDAQ:DOCU) stock in their portfolio include American Century Mid Cap Growth Impact (MID), Capital Link Global Fintech Leaders ETF (KOIN), Direxion Work From Home ETF (WFH), Direxion Daily Cloud Computing Bull 2x (CLDL), Goldman Sachs Future Planet Equity ETF (GSFP), Gen Z ETF (ZGEN), American CenturyFocused Dynamic Growth ETF (FDG) and First Trust Dow Jones Internet Index Fund (FDN). What guidance has DocuSign issued on next quarter's earnings? DocuSign updated its FY 2024 earnings guidance on Thursday, September, 7th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $2.73 billion-$2.74 billion, compared to the consensus revenue estimate of $2.72 billion. What is Daniel Springer's approval rating as DocuSign's CEO? 782 employees have rated DocuSign Chief Executive Officer Daniel Springer on Glassdoor.com. Daniel Springer has an approval rating of 98% among the company's employees. This puts Daniel Springer in the top 20% of approval ratings compared to other CEOs of publicly-traded companies. What other stocks do shareholders of DocuSign own? Based on aggregate information from My MarketBeat watchlists, some companies that other DocuSign investors own include NVIDIA (NVDA), Block (SQ), Tesla (TSLA), Advanced Micro Devices (AMD), Zoom Video Communications (ZM), PayPal (PYPL), Salesforce (CRM), Alibaba Group (BABA), Shopify (SHOP) and Netflix (NFLX). When did DocuSign IPO? (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 served as the underwriters for the IPO and Citigroup, BofA Merrill Lynch, Deutsche Bank Securities, JMP Securities, Pper Jaffray and William Blair were co-managers. What is DocuSign's stock symbol? DocuSign trades on the NASDAQ under the ticker symbol "DOCU." Who are DocuSign's major shareholders? DocuSign's stock is owned by a number of institutional and retail investors. Top institutional investors include Bank Julius Baer & Co. Ltd Zurich (3.74%), Capital International Investors (2.26%), Capital World Investors (2.12%), Newlands Management Operations LLC (2.04%), Geode Capital Management LLC (1.46%) and Clearbridge Investments LLC (1.39%). Insiders that own company stock include Cynthia Gaylor, Daniel D Springer, Enrique T Salem, Enrique T Salem, Loren Alhadeff, Peter Solvik, Scott V Olrich, Stephen Shute, Teresa Briggs and Tram T Phi. View institutional ownership trends. How do I buy shares of DocuSign? Shares of DOCU stock 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. What is DocuSign's stock price today? One share of DOCU stock can currently be purchased for approximately $41.32. How much money does DocuSign make? DocuSign (NASDAQ:DOCU) has a market capitalization of $8.40 billion and generates $2.52 billion in revenue each year. The company earns $-97,450,000.00 in net income (profit) each year or ($0.09) on an earnings per share basis. How many employees does DocuSign have? The company employs 7,336 workers across the globe. How can I contact DocuSign? DocuSign's mailing address is 221 Main St. Suite 1550, San Francisco CA, 94105. The official website for the company is www.docusign.com. The company can be reached via phone at (415) 489-4940 or via email at investors@docusign.com. This page (NASDAQ:DOCU) was last updated on 9/28/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding DocuSign, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. 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