NASDAQ:DOCU

DocuSign - DOCU Stock Forecast, Price & News

$53.47

-1.73 (-3.13%)

(As of 09/30/2022 12:00 AM ET)

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Today's Range: $53.34
▼
$56.63
50-Day Range: $51.67
▼
$75.85
52-Week Range: $51.12
▼
$288.50

Volume: 4.58 million shs
Average Volume: 6.60 million shs
Market Capitalization: $10.74 billion

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $64.38

DocuSign MarketRank™ Forecast

Analyst Rating: Hold
1.88 Rating Score
Upside/Downside: 20.4% Upside
$64.38 Price Target
Short Interest: Bearish
9.72% of Shares Sold Short
Dividend Strength: N/A
Sustainability: -0.15
Upright™ Environmental Score
News Sentiment: 0.24
Based on 28 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: Growing
From ($0.43) to ($0.17) Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.80 out of 5 stars

Business Services Sector

290th out of 336 stocks

Prepackaged Software Industry

199th out of 227 stocks

2.9

Analyst's Opinion

Consensus Rating
DocuSign has received a consensus rating of Hold. The company's average rating score is 1.88, and is based on 2 buy ratings, 10 hold ratings, and 4 sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $64.38, DocuSign has a forecasted upside of 20.4% from its current price of $53.47.
Amount of Analyst Coverage
DocuSign has been the subject of 10 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

1.0

Short Interest

Percentage of Shares Shorted
9.72% of the outstanding shares of DocuSign have been sold short.
Short Interest Ratio / Days to Cover
DocuSign has a short interest ratio ("days to cover") of 4.4.
Change versus previous month
Short interest in DocuSign has recently increased by 11.04%, indicating that investor sentiment is decreasing significantly.

0.0

Dividend Strength

Dividend Yield
DocuSign does not currently pay a dividend.
Dividend Growth
DocuSign does not have a long track record of dividend growth.

2.9

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
DocuSign has received a 25.06% net impact score from Upright. DocuSign seems to create the most significant positive value in categories "Taxes", "Distributing knowledge", and "Jobs". The positive contribution in the "Distributing knowledge" impact category is driven by its "Contract management software" product. See details.
Environmental Sustainability
The Environmental Impact score for DocuSign is -0.15.

2.4

News and Social Media Coverage

News Sentiment
DocuSign has a news sentiment score of 0.24. 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 is a lower news sentiment than the 0.53 average news sentiment score of Business Services companies.
News Coverage This Week
MarketBeat has tracked 28 news articles for DocuSign this week, compared to 13 articles on an average week.
Search Interest
68 people have searched for DOCU on MarketBeat in the last 30 days. This is an increase of 15% compared to the previous 30 days.
MarketBeat Follows
Only 45 people have added DocuSign to their MarketBeat watchlist in the last 30 days. This is a decrease of -57% compared to the previous 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, DocuSign insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 2.55% of the stock of DocuSign is held by insiders.
Percentage Held by Institutions
76.18% of the stock of DocuSign is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.6

Earnings and Valuation

Earnings Growth
Earnings for DocuSign are expected to grow in the coming year, from ($0.43) to ($0.17) per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of DocuSign is -99.02, 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. Sector
The P/E ratio of DocuSign is -99.02, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
DocuSign has a P/B Ratio of 26.34. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About DocuSign (NASDAQ:DOCU) Stock

DocuSign, Inc. provides electronic signature software in the United States and internationally. The company provides e-signature solution that enables businesses to digitally prepare, sign, act on, and manage agreements. It also offers CLM, which automates workflows across the entire agreement process; Insights that use artificial intelligence (AI) to search and analyze agreements by legal concepts and clauses; Gen for Salesforce, which allows sales representatives to automatically generate agreements with a few clicks from within Salesforce; Negotiate for Salesforce that supports for approvals, document comparisons, and version control; Analyzer, which helps customers understand what they're signing before they sign it; and CLM+ that provide AI-driven contract lifecycle management. The company provides Guided Forms, which enable complex forms to be filled via an interactive and step-by-step process; Click that supports no-signature-required agreements for standard terms and consents; Identify, a signer-identification option for checking government-issued IDs; Standards-Based Signatures, which support signatures that involve digital certificates; Payments that enables customers to collect signatures and payment; Remote Online Notary is a solution using audio-visual and identify verification technologies to enable notarization; and Monitor using advanced analytics to track DocuSign eSignature web, mobile, and API account. It offers industry-specific cloud offerings, including Rooms for Real Estate that provides a way for brokers and agents to manage the entire real estate transaction digitally; Rooms for Mortgage, which offers digital workspace to create and close mortgages; 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, partner-assisted, and Web-based sales. It serves enterprise, commercial, and small businesses. The company was incorporated in 2003 and is headquartered in San Francisco, California.

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DOCU Stock News Headlines

September 9, 2022 | marketbeat.com

MarketBeat: Week in Review 9/5 – 9/9 (DOCU)

The recent rally in stocks could change when the CPI comes out next week. While we wait, here are some of this week's most popular articles from MarketBeat

September 9, 2022 | marketbeat.com

Is DocuSign On The Verge Of A Major Reversal?

After hitting fresh 52 week lows earlier this week, shares of e-signature company DocuSign (NASDAQ: DOCU) are set to finish out the week with a bang.

September 6, 2022 | marketbeat.com

It Could Be a September to Remember for These 3 Stocks (DOCU)

We could be in for some refreshing surprises from these three volatile stocks that have the potential to make this month more memorable than last.

September 2, 2022 | marketbeat.com

DocuSign Has Important Issues to Address When it Reports Earnings

With its share price down more than 80% in twelve months, here are some reasons investors should pay attention to the floor for DocuSign's stock.

September 30, 2022 | cnbc.com

DocuSign to cut workforce by 9% as part of restructuring plan - CNBC

September 29, 2022 | ca.finance.yahoo.com

Apple, Coinbase, DocuSign on the move following Wall Street analyst calls - Yahoo Canada Finance

September 29, 2022 | benzinga.com

What 10 Analyst Ratings Have To Say About DocuSign - DocuSign (NASDAQ:DOCU) - Benzinga

September 29, 2022 | benzinga.com

10 Analysts Have This to Say About DocuSign - DocuSign (NASDAQ:DOCU) - Benzinga

September 29, 2022 | bizjournals.com

Thursday Digest: DocuSign to lay off almost 700 workers - San Francisco Business Times - The Business Journals

September 29, 2022 | finance.yahoo.com

Apple, Coinbase, DocuSign on the move following Wall Street analyst calls

September 29, 2022 | marketwatch.com

DocuSign Shares Rise 4.3% on 9% Workforce Reduction, Restructuring Plan - MarketWatch

September 29, 2022 | in.investing.com

Midday Movers: Biogen, Apple, DocuSign and More - Investing.com India

September 29, 2022 | fool.com

Why DocuSign Stock Popped This Morning - The Motley Fool

September 28, 2022 | benzinga.com

DocuSign shares are trading higher after the company announced it authorized a restructuring plan and exp - Benzinga

September 28, 2022 | investing.com

Midday Movers: Biogen, Apple, DocuSign and More By Investing.com - Investing.com

September 28, 2022 | barrons.com

DocuSign to Cut Staff by 9% - Barron's

September 28, 2022 | benzinga.com

7DOCU : DocuSign Whale Trades For September 28

September 28, 2022 | seekingalpha.com

DocuSign: The Case For Upside Revaluation

September 28, 2022 | seekingalpha.com

DocuSign rises as it says it will cut its workforce by 9%, sees charges up to $40M - Seeking Alpha

September 28, 2022 | finance.yahoo.com

DocuSign Stock Jumps On Job Cut Plan Under New CEO Allan Thygesen

September 27, 2022 | fool.com

Why DocuSign Stock Shot Higher Today - The Motley Fool

September 27, 2022 | finance.yahoo.com

Why DocuSign Stock Shot Higher Today

September 26, 2022 | finance.yahoo.com

DocuSign: new CEO must help boost billings

September 26, 2022 | finance.yahoo.com

DocuSign, Inc.: Launching coverage with a HOLD rating

September 24, 2022 | marketwatch.com

DocuSign's Interim CEO Sets Stage for Growth - MarketWatch

See More Headlines

30 days | 90 days | 365 days | Advanced Chart

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DOCU Company Calendar

Last Earnings: 9/08/2022
Today: 10/02/2022
Next Earnings (Estimated): 12/01/2022
Fiscal Year End: 1/31/2023

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Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Prepackaged software
Sub-Industry: N/A
Sector: Business Services
Current Symbol: NASDAQ:DOCU
CUSIP: N/A
CIK: 1261333
Web: www.docusign.com
Phone: (415) 489-4940
Fax: N/A
Employees: 7,461
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: $64.38
High Stock Price Forecast: $84.00
Low Stock Price Forecast: $53.00
Forecasted Upside/Downside: +20.4%
Consensus Rating: Hold
Rating Score (0-4): 1.88
Research Coverage: 16 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($0.54)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-69,980,000.00
Net Margins: -4.65%
Pretax Margin: -4.38%
Return on Equity: -21.74%
Return on Assets: -2.71%

Debt

Debt-to-Equity Ratio: 1.77
Current Ratio: 1.01
Quick Ratio: 1.01

Sales & Book Value

Annual Sales: $2.11 billion
Price / Sales: 5.09
Cash Flow: $0.94 per share
Price / Cash Flow: 57.02
Book Value: $2.03 per share
Price / Book: 26.34

Miscellaneous

Outstanding Shares: 200,780,000
Free Float: 195,659,000
Market Cap: $10.74 billion
Optionable: Optionable
Beta: 1.23

Key Executives

Ms. Mary Agnes Wilderotter (Age 67)
Interim Pres, CEO & Chairman
Comp: $82.83k

Ms. Cynthia Gaylor (Age 49)
Chief Financial Officer
Comp: $692.96k

Ms. Inhi Cho Suh (Age 47)
Pres of Product, Technology & Operations
Comp: $46.08k

Ms. Tram T. Phi Esq. (Age 51)
J.D., Sec.
Comp: $560.82k

Ms. Shanthi Iyer
Chief Information Officer

Annie Leschin
VP of Investor Relations

Mr. James P. Shaughnessy Esq. (Age 67)
Chief Legal Officer

Ms. Jennifer Christie
Chief People Officer

Mr. Pascal Colin
MD of DocuSign France & VP

Mr. Steve Shute
Pres of WW Field Operations

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

DOCU Stock - Frequently Asked Questions

Should I buy or sell DocuSign stock right now?: 16 Wall Street analysts have issued "buy," "hold," and "sell" ratings for DocuSign in the last year. There are currently 4 sell ratings, 10 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street 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 2022?: 16 analysts have issued 12 month price targets for DocuSign's stock. Their DOCU share price forecasts range from $53.00 to $84.00. On average, they predict the company's stock price to reach $64.38 in the next year. This suggests a possible upside of 20.4% 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 2022?: DocuSign's stock was trading at $152.31 at the start of the year. Since then, DOCU shares have decreased by 64.9% and is now trading at $53.47.
View the best growth stocks for 2022 here.
When is DocuSign's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, December 1st 2022.
View our DOCU earnings forecast.
How were DocuSign's earnings last quarter?: DocuSign, Inc. (NASDAQ:DOCU) issued its quarterly earnings data on Thursday, September, 8th. The company reported $0.44 EPS for the quarter, beating analysts' consensus estimates of $0.42 by $0.02. The company had revenue of $622.18 million for the quarter, compared to analyst estimates of $602.25 million. DocuSign had a negative net margin of 4.65% and a negative trailing twelve-month return on equity of 21.74%. The company's revenue was up 21.6% on a year-over-year basis. During the same quarter in the prior year, the company earned ($0.07) EPS.
What guidance has DocuSign issued on next quarter's earnings?: DocuSign updated its third quarter 2023 earnings guidance on Thursday, September, 29th. The company provided EPS guidance of for the period. The company issued revenue guidance of $624.00 million-$628.00 million, compared to the consensus revenue estimate of $625.05 million.

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 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.
What is DocuSign's stock symbol?: DocuSign trades on the NASDAQ under the ticker symbol "DOCU."
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 $53.47.
How much money does DocuSign make?: DocuSign (NASDAQ:DOCU) has a market capitalization of $10.74 billion and generates $2.11 billion in revenue each year. The company earns $-69,980,000.00 in net income (profit) each year or ($0.54) on an earnings per share basis.
How many employees does DocuSign have?: The company employs 7,461 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 10/2/2022 by MarketBeat.com Staff

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DocuSign - DOCU Stock Forecast, Price & News

DocuSign MarketRank™ Forecast

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

Environmental Sustainability

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows