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 154.2% and is now trading at $190.66. View which stocks have been most impacted by Coronavirus.

18 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Docusign in the last year. There are currently 6 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, September 3rd 2020. View our earnings forecast for Docusign.

Docusign Inc (NASDAQ:DOCU) issued its earnings results on Thursday, June, 4th. The company reported $0.12 earnings per share for the quarter, beating the Zacks' consensus estimate of $0.10 by $0.02. The firm earned $297.02 million during the quarter, compared to analysts' expectations of $281.12 million. Docusign had a negative return on equity of 29.36% and a negative net margin of 19.91%. The firm's revenue for the quarter was up 38.8% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.07 earnings per share. View Docusign's earnings history.

Docusign issued an update on its FY 2021 After-Hours earnings guidance on Thursday, June, 4th. The company provided earnings per share (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.

18 equities research analysts have issued 1-year price targets for Docusign's shares. Their forecasts range from $52.00 to $210.00. On average, they anticipate Docusign's share price to reach $135.06 in the next twelve months. This suggests that the stock has a possible downside of 29.2%. View analysts' price targets for Docusign.

Headlines about DOCU stock have been trending negative recently, according to InfoTrie. The research firm scores the sentiment of news coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, 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, indicating that recent news coverage is extremely unlikely to have an effect on the stock's share price in the near term. 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 trading volume, of 4,390,000 shares, the days-to-cover ratio is currently 1.9 days. Currently, 4.8% of the company's shares 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), Activision Blizzard (ATVI), Uber Technologies (UBER), Autodesk (ADSK), Square (SQ), Dassault Systemes (DASTY), Electronic Arts (EA), Veeva Systems (VEEV), Twilio (TWLO), Splunk (SPLK), 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 initial public offering on Friday, April 27th 2018. The company issued 21,700,000 shares at $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 many different institutional and retail investors. Top institutional investors include Modus Advisors LLC (0.01%) and Ellevest Inc. (0.00%). 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 Modus Advisors 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 Ellevest Inc.. 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 $190.66.

Docusign has a market capitalization of $34.99 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]