NASDAQ:DOCUDocusign Stock Price, Forecast & News

Docusign's stock was trading at $75.00 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, DOCU shares have increased by 86.1% and is now trading at $139.56. View which stocks have been most 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 earnings results on Thursday, March, 12th. The company reported $0.12 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.05 by $0.07. The firm earned $274.90 million during the quarter, compared to the consensus estimate of $266.48 million. Docusign had a negative return on equity of 27.13% and a negative net margin of 21.39%. The firm's quarterly revenue was up 37.6% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.06 earnings per share. View Docusign's earnings history.

Docusign updated its FY 2021 After-Hours earnings guidance on Thursday, March, 12th. The company provided earnings per share 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 Wall Street analysts have issued twelve-month price targets for Docusign's stock. Their forecasts range from $52.00 to $150.00. On average, they anticipate Docusign's share price to reach $98.00 in the next year. This suggests that the stock has a possible downside of 29.8%. View analysts' price targets for Docusign.

Headlines about DOCU stock have been trending somewhat negative on Thursday, InfoTrie Sentiment Analysis reports. The research group identifies negative and positive press coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Docusign earned a news sentiment score of -1.0 on InfoTrie's scale. They also gave news coverage about the company a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an effect on the stock's share price in the near term. View the latest news aboutDocusign.

Docusign saw a increase in short interest in April. As of April 30th, there was short interest totaling 6,930,000 shares, an increase of 45.9% from the April 15th total of 4,750,000 shares. Based on an average daily trading volume, of 3,020,000 shares, the short-interest ratio is currently 2.3 days. Approximately 4.2% of the shares of the stock are short sold. View Docusign's Current Options Chain.

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

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), Square (SQ), salesforce.com (CRM), Micron Technology (MU), Walt Disney (DIS), Netflix (NFLX), Trade Desk (TTD) 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 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 institutional and retail investors. Top institutional investors include Capital Research Global Investors (3.54%), Capital World Investors (1.93%), First Trust Advisors LP (1.43%), Clearbridge Investments LLC (1.14%), Geode Capital Management LLC (0.95%) and Wasatch Advisors Inc. (0.89%). 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 Capital World Investors, Two Sigma Advisers LP, Matrix Capital Management Company LP, First Trust Advisors LP, KBC Group NV, Scout Investments Inc., Massachusetts Financial Services Co. MA, and ThornTree Capital Partners LP. 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 AGF Investments Inc., Blair William & Co. IL, 1832 Asset Management L.P., Federated Hermes Inc., Eagle Asset Management Inc., Legal & General Group Plc, Cookson Peirce & Co. Inc., and 1832 Asset Management L.P.. 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 $139.56.

Docusign has a market capitalization of $25.56 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]