NASDAQ:DOCU - Docusign 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 10.1% and is now trading at $82.57. View which stocks have been mosted impacted by Coronavirus.

16 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Docusign in the last year. There are currently 4 hold ratings and 12 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Docusign.

Docusign is scheduled to release its next quarterly earnings announcement on Thursday, June 4th 2020. View our earnings forecast for Docusign.

Docusign Inc (NASDAQ:DOCU) announced its quarterly earnings data on Thursday, March, 12th. The company reported $0.12 EPS for the quarter, topping the consensus estimate of $0.05 by $0.07. The firm had revenue of $274.90 million for the quarter, compared to analysts' expectations of $266.48 million. Docusign had a negative net margin of 21.39% and a negative return on equity of 26.76%. The firm's revenue was up 37.6% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.06 earnings per share. View Docusign's earnings history.

Docusign issued an update on its FY 2021 After-Hours earnings guidance on Thursday, March, 12th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $1.272-1.276 billion, compared to the consensus revenue estimate of $1.22 billion.

16 analysts have issued 12 month price targets for Docusign's stock. Their forecasts range from $52.00 to $90.00. On average, they expect Docusign's share price to reach $78.73 in the next year. This suggests that the stock has a possible downside of 4.6%. View analysts' price targets for Docusign.

Media coverage about DOCU stock has been trending negative recently, according to InfoTrie Sentiment. The research firm identifies negative and positive media coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Docusign earned a media sentiment score of -2.1 on InfoTrie's scale. They also gave media headlines about the company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the company's share price in the immediate future. View the latest news aboutDocusign.

Docusign saw a decrease in short interest in February. As of February 28th, there was short interest totaling 6,110,000 shares, a decrease of 17.2% from the February 13th total of 7,380,000 shares. Based on an average trading volume of 1,950,000 shares, the short-interest ratio is presently 3.1 days. Approximately 7.2% of the shares of the company are short sold. View Docusign's Current Options Chain.

Some companies that are related to Docusign include ServiceNow (NOW), Shopify (SHOP), VMware (VMW), Uber Technologies (UBER), Activision Blizzard (ATVI), Dassault Systemes (DASTY), Autodesk (ADSK), Electronic Arts (EA), Square (SQ), Veeva Systems (VEEV), Splunk (SPLK), ANSYS (ANSS), Synopsys (SNPS), Cadence Design Systems (CDNS) and Atlassian (TEAM).

Based on aggregate information from My MarketBeat watchlists, some companies that other Docusign investors own include NVIDIA (NVDA), Alibaba Group (BABA), Advanced Micro Devices (AMD), Micron Technology (MU), Square (SQ), salesforce.com (CRM), Twilio (TWLO), Trade Desk (TTD), Walt Disney (DIS) and Paypal (PYPL).

(DOCU) raised $542 million in an IPO 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.

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

Docusign's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Capital Research Global Investors (3.61%), Capital World Investors (2.89%), Kayne Anderson Rudnick Investment Management LLC (2.86%), Bain Capital Public Equity Management II LLC (1.71%), First Trust Advisors LP (1.68%) and Franklin Resources Inc. (0.97%). Company insiders that own Docusign stock include Enrique T Salem, Ignition Gp Ii, Llc, 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 Capital World Investors, Thrivent Financial for Lutherans, Capital Research Global Investors, Renaissance Technologies LLC, Scout Investments Inc., Echo Street Capital Management LLC, Kayne Anderson Rudnick Investment Management LLC, and Cubist Systematic Strategies LLC. 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 bought by a variety of institutional investors in the last quarter, including Norges Bank, 1832 Asset Management L.P., Lord Abbett & CO. LLC, Sumitomo Mitsui Trust Holdings Inc., First Trust Advisors LP, Nikko Asset Management Americas Inc., Eaton Vance Management, and Columbus Circle Investors. 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 $82.57.

Docusign has a market capitalization of $14.82 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 3,023 workers across the globe. View additional information about Docusign.

The official website for Docusign is http://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]