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 stock has increased by 180.1% and is now trading at $210.11. View which stocks have been most impacted by Coronavirus.

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." View analyst ratings for Docusign.

Docusign is scheduled to release its next quarterly earnings announcement on Thursday, September 3rd 2020. View our earnings forecast for Docusign.

Docusign Inc (NASDAQ:DOCU) announced its quarterly earnings results on Thursday, June, 4th. The company reported $0.12 earnings per share for the quarter, beating analysts' consensus estimates of $0.10 by $0.02. The company earned $297.02 million during the quarter, compared to analyst estimates of $281.12 million. Docusign had a negative return on equity of 29.36% and a negative net margin of 19.91%. The business's revenue was up 38.8% on a year-over-year basis. During the same quarter last year, the firm 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 EPS 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 equities research analysts have issued 1-year price targets for Docusign's stock. Their forecasts range from $52.00 to $240.00. On average, they anticipate Docusign's share price to reach $143.83 in the next twelve months. This suggests that the stock has a possible downside of 31.5%. View analysts' price targets for Docusign.

News articles about DOCU stock have trended somewhat negative recently, according to InfoTrie Sentiment Analysis. InfoTrie ranks the sentiment of news coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Docusign earned a news sentiment score of -1.2 on InfoTrie's scale. They also gave media stories about the company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the company's share price in the next few days. View the latest news about Docusign.

Docusign saw a increase in short interest during the month of June. As of June 30th, there was short interest totaling 8,150,000 shares, an increase of 7.9% from the June 15th total of 7,550,000 shares. Based on an average daily volume of 4,390,000 shares, the days-to-cover ratio is presently 1.9 days. Approximately 4.8% of the company's stock are sold short. View Docusign's Current Options Chain.

Some companies that are related to Docusign include Shopify (SHOP), ServiceNow (NOW), Intuit (INTU), Activision Blizzard (ATVI), VMware (VMW), Uber Technologies (UBER), Square (SQ), Autodesk (ADSK), Dassault Systemes (DASTY), Electronic Arts (EA), Veeva Systems (VEEV), Twilio (TWLO), Splunk (SPLK), Synopsys (SNPS) and Datadog (DDOG). 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 initial public offering (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 number of retail and institutional investors. Top institutional investors include Envestnet Asset Management Inc. (0.04%), American National Bank (0.01%), DNB Asset Management AS (0.01%), Watchman Group Inc. (0.01%), Modus Advisors LLC (0.01%) and Chesley Taft & Associates LLC (0.01%). 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 Acorn Financial Advisory Services Inc. ADV, Modus Advisors LLC, and Whittier Trust Co. of Nevada Inc.. 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 American National Bank, DNB Asset Management AS, Watchman Group Inc., Chesley Taft & Associates LLC, Legacy Advisors LLC, Symphony Financial Ltd. Co., Exane Derivatives, and Parkside Advisors LLC. 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 $210.11.

Docusign has a market capitalization of $38.56 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]