NYSE:LAW

CS Disco (LAW) Stock Forecast, Price & News

$6.93

-0.38 (-5.20%)

(As of 09/21/2023 ET)

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Today's Range: $6.75
▼
$7.18
50-Day Range: $6.40
▼
$10.64
52-Week Range: $5.27
▼
$11.67

Volume: 410,741 shs
Average Volume: 293,742 shs
Market Capitalization: $416.77 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $10.46

CS Disco MarketRank™ Forecast

Analyst Rating: Hold
2.27 Rating Score
Upside/Downside: 50.9% Upside
$10.46 Price Target
Short Interest: Healthy
3.32% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.02
Based on 14 Articles This Week
Insider Trading: Selling Shares
$75,203 Sold Last Quarter
Proj. Earnings Growth: Growing
From ($0.98) to ($0.63) Per Share

Overall MarketRank^™

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

2.78 out of 5 stars

Computer And Technology Sector

87th out of 593 stocks

Prepackaged Software Industry

18th out of 205 stocks

4.1

Analyst's Opinion

Consensus Rating
CS Disco has received a consensus rating of Hold. The company's average rating score is 2.27, and is based on 4 buy ratings, 6 hold ratings, and 1 sell rating.
Price Target Upside/Downside
According to analysts' consensus price target of $10.46, CS Disco has a forecasted upside of 50.9% from its current price of $6.93.
Amount of Analyst Coverage
CS Disco has been the subject of 7 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

5.0

Short Interest

Percentage of Shares Shorted
3.32% of the float of CS Disco has been sold short.
Short Interest Ratio / Days to Cover
CS Disco has a short interest ratio ("days to cover") of 3.2, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in CS Disco has recently decreased by 23.50%, indicating that investor sentiment is improving significantly.

0.0

Dividend Strength

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

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for LAW.

2.2

News and Social Media Coverage

News Sentiment
CS Disco has a news sentiment score of 0.02. 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 0.57 average news sentiment score of Computer and Technology companies.
News Coverage This Week
MarketBeat has tracked 14 news articles for CS Disco this week, compared to 2 articles on an average week.
MarketBeat Follows
3 people have added CS Disco to their MarketBeat watchlist in the last 30 days. This is an increase of 200% compared to the previous 30 days.

4.2

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, CS Disco insiders have sold 54.58% more of their company's stock than they have bought. Specifically, they have bought $48,650.00 in company stock and sold $75,203.00 in company stock.
Percentage Held by Insiders
22.30% of the stock of CS Disco is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
53.82% of the stock of CS Disco 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 CS Disco are expected to grow in the coming year, from ($0.98) to ($0.63) per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of CS Disco is -5.54, 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 CS Disco is -5.54, 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
CS Disco has a P/B Ratio of 1.83. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About CS Disco (NYSE:LAW) Stock

CS Disco, Inc. provides cloud-native and artificial intelligence-powered legal solutions for ediscovery, legal document review, and case management for enterprises, law firms, legal services providers, and governments. The company offers DISCO Ediscovery, a solution that automates ediscovery process and saves legal departments from manual tasks associated with collecting, processing, enriching, searching, reviewing, analyzing, producing, and using enterprise data that is at issue in legal matters. It also provides DISCO Review, an AI-powered document review solution, which consistently delivers legal document reviews; and DISCO Case Builder, a solution that allows legal professionals to collaborate with teams to build a compelling case by offering a single place to search, organize, and review witness testimony and other legal data. In addition, the company offers DISCO Hold, a solution that automates manual work to preserve data, notify custodians, track holds with a defensible audit trail, and collect data when ready; and DISCO Request, a solution that process requests and subpoenas. The company's tools are used in various legal matters comprising litigation, investigation, compliance, and diligence. CS Disco, Inc. was founded in 2012 and is headquartered in Austin, Texas.

LAW Price History

30 days | 90 days | 365 days | Advanced Chart

LAW Stock News Headlines

September 21, 2023 | uk.news.yahoo.com

CS Disco (LAW) Moves 11.8% Higher: Will This Strength Last?

September 21, 2023 | fortune.com

Bombshell report claims the 39-year-old Harvard Law prodigy with a historic $110 million CEO pay package quit amid horrific sexual abuse allegations

September 22, 2023 | Wall Street Fundamentals (Ad)

The "Plug and Play" Model Putting Online Giants to Shame

While e-commerce has been undergoing a turbulent time, a "simple" model has grown 4X faster than Amazon over the last 3 years. Applying this model to high-margin, recession-resistant businesses has shown to be profitable. But that's just the beginning of explaining the 400+% growth - and potential - of this "diamond in the rough."

September 21, 2023 | benzinga.com

Gainey McKenna & Egleston Announces A Class Action Lawsuit Has Been Filed Against CS Disco, Inc. (LAW)

September 20, 2023 | businesswire.com

Shareholder Alert: Robbins LLP Informs Shareholders of Class Action Filed Against CS Disco, Inc.

September 20, 2023 | nypost.com

CS Disco CEO Kiwi Camara loses $110M pay package after ‘groping female employee’: report

September 20, 2023 | finance.yahoo.com

CS Disco Stock Rises in Wake of CEO's Departure, Investigation

September 20, 2023 | finance.yahoo.com

CEO’s Abrupt Exit Followed Complaint of Alleged Groping, Other Accounts of Misconduct

September 22, 2023 | Wall Street Fundamentals (Ad)

The "Plug and Play" Model Putting Online Giants to Shame

September 19, 2023 | technews.tmcnet.com

Berman Tabacco Files Securities Class Action Lawsuit Against CS Disco, Inc. (LAW)

September 17, 2023 | msn.com

Meet man who quit Rs 900 crore salary job without any reason, not from IIT, IIM, IIIT, he hails from...

September 16, 2023 | americanbankingnews.com

CS Disco (NYSE:LAW) Stock Rating Lowered by Moffett Nathanson

September 15, 2023 | msn.com

Why CS Disco Stock Is Plummeting This Week

September 15, 2023 | fortune.com

Harvard Law’s youngest-ever graduate—and a CEO paid more than Apple’s Tim Cook last year—unexpectedly leaves his $110 million gig

September 14, 2023 | finance.yahoo.com

CEO With $110 Million Pay Package Is Suddenly Out

September 13, 2023 | bizjournals.com

Kiwi Camara steps down as Disco CEO

September 13, 2023 | businesswire.com

Berman Tabacco Announces Investigation of CS Disco, Inc. (LAW) for Potential Securities Law Violations

September 13, 2023 | americanbankingnews.com

CS Disco (NYSE:LAW) Rating Reiterated by Needham & Company LLC

September 12, 2023 | au.investing.com

CS Disco plunges as co-founder steps down from CEO role

September 12, 2023 | markets.businessinsider.com

CS Disco (LAW) Gets a Hold from Loop Capital Markets

September 12, 2023 | marketwatch.com

CS Disco Shares Tumble Premarket as Co-Founder Camara Exits >LAW

September 12, 2023 | markets.businessinsider.com

Jefferies Keeps Their Hold Rating on CS Disco (LAW)

September 11, 2023 | seekingalpha.com

CS DISCO co-founder and CEO Kiwi Camara steps down

September 11, 2023 | finance.yahoo.com

DISCO Announces Leadership Transition

August 31, 2023 | msn.com

CS Disco (LAW) Price Target Increased by 16.44% to 10.57

August 29, 2023 | reuters.com

E-discovery company Reveal makes double acquisition, touting legal AI tools

August 24, 2023 | finance.yahoo.com

Companies Like CS Disco (NYSE:LAW) Are In A Position To Invest In Growth

See More Headlines

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LAW Company Calendar

Last Earnings: 8/09/2023
Today: 9/22/2023
Next Earnings (Estimated): 11/09/2023
Fiscal Year End: 12/31/2023

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: Prepackaged software
Sub-Industry: N/A
Sector: Computer and Technology
Current Symbol: NYSE:LAW
CUSIP: N/A
CIK: 1625641
Web: www.csdisco.com
Phone: 833-653-4726
Fax: N/A
Employees: 661
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: $10.46
High Stock Price Forecast: $15.00
Low Stock Price Forecast: $5.00
Forecasted Upside/Downside: +50.9%
Consensus Rating: Hold
Rating Score (0-4): 2.27
Research Coverage: 11 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($1.25)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-70,760,000.00
Net Margins: -55.07%
Pretax Margin: -54.92%
Return on Equity: -32.29%
Return on Assets: -28.31%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 10.38
Quick Ratio: 10.38

Sales & Book Value

Annual Sales: $135.19 million
Price / Sales: 3.08
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: $3.79 per share
Price / Book: 1.83

Miscellaneous

Outstanding Shares: 60,140,000
Free Float: 46,727,000
Market Cap: $416.77 million
Optionable: Not Optionable
Beta: 2.22

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Key Executives

Mr. Kiwi Camara (Age 38)
Co-Founder, CEO & Director
Comp: $575.64k

Mr. Michael S. Lafair (Age 58)
Exec. VP & CFO
Comp: $424.16k

Aleksey Lakchakov
Sr. Director of Fin. & Head of Investor Relations

Mr. Luke McNeal (Age 42)
Sr. VP of Global Sales

Mr. Tom Furr
Chief Marketing Officer

Ms. Karen Herckis
Sr. VP of HR

Ms. Melanie Antoon (Age 45)
Sr. VP of Professional Services

Mr. Kevin Smith (Age 44)
Exec. VP & Chief Product Officer

Mr. Jesse Cravens
Sr. VP of Engineering

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

LAW Stock - Frequently Asked Questions

Should I buy or sell CS Disco stock right now?: 11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for CS Disco in the last year. There are currently 1 sell rating, 6 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" LAW shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in LAW, but not buy additional shares or sell existing shares.
View LAW analyst ratings or view top-rated stocks.
What is CS Disco's stock price forecast for 2023?: 11 Wall Street research analysts have issued 1-year price objectives for CS Disco's stock. Their LAW share price forecasts range from $5.00 to $15.00. On average, they anticipate the company's share price to reach $10.46 in the next twelve months. This suggests a possible upside of 50.9% from the stock's current price.
View analysts price targets for LAW or view top-rated stocks among Wall Street analysts.
How have LAW shares performed in 2023?: CS Disco's stock was trading at $6.32 at the beginning of 2023. Since then, LAW stock has increased by 9.7% and is now trading at $6.93.
View the best growth stocks for 2023 here.
Are investors shorting CS Disco?: CS Disco saw a decline in short interest in the month of August. As of August 31st, there was short interest totaling 772,600 shares, a decline of 23.5% from the August 15th total of 1,010,000 shares. Based on an average trading volume of 239,500 shares, the days-to-cover ratio is presently 3.2 days. Currently, 3.3% of the shares of the stock are sold short.
View CS Disco's Short Interest.
When is CS Disco's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, November 9th 2023.
View our LAW earnings forecast.
How were CS Disco's earnings last quarter?: CS Disco, Inc. (NYSE:LAW) posted its quarterly earnings data on Wednesday, August, 9th. The company reported ($0.22) earnings per share for the quarter, beating analysts' consensus estimates of ($0.30) by $0.08. The business had revenue of $34.28 million for the quarter, compared to analyst estimates of $32.23 million. CS Disco had a negative trailing twelve-month return on equity of 32.29% and a negative net margin of 55.07%.
What ETFs hold CS Disco's stock?: ETFs with the largest weight of CS Disco (NYSE:LAW) stock in their portfolio include ERShares NextGen Entrepreneurs ETF (ERSX).AOT Growth & Innovation ETF (AOTG).
What guidance has CS Disco issued on next quarter's earnings?: CS Disco updated its third quarter 2023 earnings guidance on Thursday, August, 10th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $33.00 million-$35.00 million, compared to the consensus revenue estimate of $35.44 million.

When did CS Disco IPO?: (LAW) raised $192 million in an initial public offering (IPO) on Wednesday, July 21st 2021. The company issued 7,000,000 shares at $26.00-$29.00 per share.
What is CS Disco's stock symbol?: CS Disco trades on the New York Stock Exchange (NYSE) under the ticker symbol "LAW."
Who are CS Disco's major shareholders?: CS Disco's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Franklin Resources Inc. (3.90%), BlackRock Inc. (2.74%), Wasatch Advisors LP (1.10%), State Street Corp (0.72%), Acadian Asset Management LLC (0.69%) and Geode Capital Management LLC (0.66%). Insiders that own company stock include Andrew Shimek, Bessemer Venture Partners Viii, James Offerdahl, Keith Zoellner, Kevin Joseph Smith, Kiwi Camara, Michael Lafair, Stephens Group, Llc and Susan L Blount.
View institutional ownership trends.
How do I buy shares of CS Disco?: Shares of LAW 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 CS Disco's stock price today?: One share of LAW stock can currently be purchased for approximately $6.93.
How much money does CS Disco make?: CS Disco (NYSE:LAW) has a market capitalization of $416.77 million and generates $135.19 million in revenue each year. The company earns $-70,760,000.00 in net income (profit) each year or ($1.25) on an earnings per share basis.
How many employees does CS Disco have?: The company employs 661 workers across the globe.
How can I contact CS Disco?: The official website for the company is www.csdisco.com. The company can be reached via phone at 833-653-4726 or via email at ir@csdisco.com.

This page (NYSE:LAW) was last updated on 9/22/2023 by MarketBeat.com Staff

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