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 20.8% and is now trading at $90.63. 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) issued its quarterly earnings data 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 company had revenue of $274.90 million for the quarter, compared to analyst estimates 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 revenue was up 37.6% compared to the same quarter last year. During the same quarter last year, the company posted $0.06 EPS. 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 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 brokerages have issued 12-month target prices for Docusign's stock. Their forecasts range from $52.00 to $90.00. On average, they anticipate Docusign's share price to reach $78.73 in the next year. This suggests that the stock has a possible downside of 13.1%. View analysts' price targets for Docusign.

Headlines about DOCU stock have trended very negative this week, according to InfoTrie. The research firm ranks the sentiment of news coverage by analyzing 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 nearest to five being the most favorable. Docusign earned a daily sentiment score of -3.3 on InfoTrie's scale. They also gave news headlines about the company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the company's share price in the near term. View the latest news aboutDocusign.

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

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

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

(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 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 shareholders include Polaris Greystone Financial Group LLC (0.02%), Wiley BROS. Aintree Capital LLC (0.01%), IFM Investors Pty Ltd (0.01%), Clarus Wealth Advisors (0.00%), Paragon Advisors LLC (0.00%) and IBM Retirement Fund (0.00%). 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 Clarus Wealth Advisors, and IFM Investors Pty Ltd. 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 Polaris Greystone Financial Group LLC, Paragon Advisors LLC, IBM Retirement Fund, Global Trust Asset Management LLC, XR Securities LLC, State of Alaska Department of Revenue, and Wiley BROS. Aintree Capital 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 $90.63.

Docusign has a market capitalization of $16.45 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. 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]