NYSE:LAW CS Disco (LAW) Stock Forecast, Price & News $7.70 -0.02 (-0.26%) (As of 06/2/2023 ET) Add Compare Share Share Today's Range$7.57▼$7.8850-Day Range$5.39▼$8.2752-Week Range$5.27▼$29.99Volume247,657 shsAverage Volume271,533 shsMarket Capitalization$459.31 millionP/E RatioN/ADividend YieldN/APrice Target$10.91 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial Media CS Disco MarketRank™ ForecastAnalyst RatingHold2.25 Rating ScoreUpside/Downside41.7% Upside$10.91 Price TargetShort InterestHealthy3.42% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.63Based on 5 Articles This WeekInsider TradingSelling Shares$45,923 Sold Last QuarterProj. Earnings GrowthGrowingFrom ($1.11) to ($0.61) Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.28 out of 5 starsComputer And Technology Sector178th out of 609 stocksPrepackaged Software Industry43rd out of 217 stocks 3.1 Analyst's Opinion Consensus RatingCS Disco has received a consensus rating of Hold. The company's average rating score is 2.25, and is based on 4 buy ratings, 7 hold ratings, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $10.91, CS Disco has a forecasted upside of 41.7% from its current price of $7.70.Amount of Analyst CoverageCS Disco has received no research coverage in the past 90 days. Previous Next 4.0 Short Interest Percentage of Shares Shorted3.42% of the float of CS Disco has been sold short.Short Interest Ratio / Days to CoverCS Disco has a short interest ratio ("days to cover") of 2.8, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in CS Disco has recently decreased by 1.83%, indicating that investor sentiment is improving. Previous Next 0.0 Dividend Strength Dividend YieldCS Disco does not currently pay a dividend.Dividend GrowthCS Disco does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for LAW. Previous Next 2.6 News and Social Media Coverage News SentimentCS Disco has a news sentiment score of 0.63. 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 higher news sentiment than the 0.52 average news sentiment score of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 5 news articles for CS Disco this week, compared to 2 articles on an average week.Search InterestOnly 1 people have searched for LAW on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, CS Disco insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $45,923.00 in company stock.Percentage Held by Insiders23.30% 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 Institutions58.18% of the stock of CS Disco is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for CS Disco are expected to grow in the coming year, from ($1.11) to ($0.61) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of CS Disco is -5.70, 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. SectorThe P/E ratio of CS Disco is -5.70, 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 RatioCS Disco has a P/B Ratio of 2.17. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About CS Disco (NYSE:LAW) StockCS Disco, Inc., a legal technology company, 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. 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.Read More Receive LAW Stock News and Ratings via Email Sign-up to receive the latest news and ratings for CS Disco and its competitors with MarketBeat's FREE daily newsletter. Email Address LAW Stock News HeadlinesMay 31, 2023 | fool.comCs Disco (NYSE: LAW)May 31, 2023 | americanbankingnews.comAnalysts Set CS Disco, Inc. (NYSE:LAW) Price Target at $10.90June 4, 2023 | Vector Vest (Ad)Free Stock Analysis Report: Get Buy, Sell, or Hold RecommendationGet a full report that tells you what a stock is really worth, how safe the stock is, and if the timing is right to buy the stock. Plus a definitive Buy, Sell, Hold recommendation. May 30, 2023 | markets.businessinsider.comStifel Nicolaus Remains a Buy on CS Disco (LAW)May 25, 2023 | msn.comCS Disco: Transforming The E-Discovery And Legal Software MarketMay 21, 2023 | americanbankingnews.comKevin Joseph Smith Sells 4,149 Shares of CS Disco, Inc. (NYSE:LAW) StockMay 21, 2023 | americanbankingnews.comMichael Lafair Sells 4,371 Shares of CS Disco, Inc. (NYSE:LAW) StockMay 16, 2023 | markets.businessinsider.comCS Disco (LAW) Gets a Buy from Stifel NicolausJune 4, 2023 | Behind the Markets (Ad)66,000% upside on tiny biotech?The Wall Street Journal reports that this medical breakthrough is "Transforming Medicine." One analyst calculated that it could be worth $1 Trillion, making the upside potential of this small-cap 66,000% above today's price.May 15, 2023 | americanbankingnews.comCS Disco, Inc. (NYSE:LAW) Short Interest Up 5.8% in AprilMay 15, 2023 | americanbankingnews.comCS Disco (NYSE:LAW) Price Target Cut to $8.00 by Analysts at Stifel NicolausMay 12, 2023 | bizjournals.comDisco to cut workforce by 8% in second round of layoffsMay 12, 2023 | msn.comNeedham Reiterates CS Disco (LAW) Buy RecommendationMay 12, 2023 | msn.comCs Disco (LAW) Q1 2023 Earnings Call TranscriptMay 12, 2023 | msn.comStifel Maintains CS Disco (LAW) Buy RecommendationMay 12, 2023 | msn.comPiper Sandler Reiterates CS Disco (LAW) Neutral RecommendationMay 11, 2023 | marketwatch.com10-Q: CS DISCO, INC.May 11, 2023 | insidermonkey.comCS Disco, Inc. (NYSE:LAW) Q1 2023 Earnings Call TranscriptMay 11, 2023 | markets.businessinsider.com7 Analysts Have This to Say About CS DiscoMay 11, 2023 | msn.comCS Disco: Q1 Earnings InsightsMay 10, 2023 | markets.businessinsider.comHere's what Wall Street expects from CS Disco's earningsMay 10, 2023 | finance.yahoo.comCS Disco (LAW) Reports Q1 Loss, Tops Revenue EstimatesMay 10, 2023 | finance.yahoo.comDISCO Announces First Quarter 2023 Financial ResultsMay 9, 2023 | americanbankingnews.comCS Disco (LAW) Set to Announce Quarterly Earnings on WednesdayMay 8, 2023 | americanbankingnews.comCS Disco, Inc. (NYSE:LAW) Receives Consensus Rating of "Hold" from AnalystsApril 28, 2023 | finance.yahoo.comDISCO to Present at SVB MoffettNathanson’s Inaugural Technology, Media & Telecom ConferenceApril 21, 2023 | msn.comFocussing on India as major technology talent hub! This AI-enabled legal tech player opens office in GurugramSee More Headlines LAW Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart LAW Company Calendar Last Earnings11/09/2021Today6/04/2023Next Earnings (Estimated)8/10/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Prepackaged software Sub-IndustryN/A SectorComputer and Technology Current SymbolNYSE:LAW CUSIPN/A CIK1625641 Webwww.csdisco.com Phone833-653-4726FaxN/AEmployees470Year FoundedN/APrice Target and Rating Average Stock Price Forecast$10.91 High Stock Price Forecast$20.00 Low Stock Price Forecast$5.00 Forecasted Upside/Downside+41.7%Consensus RatingHold Rating Score (0-4)2.25 Research Coverage12 Analysts Profitability EPS (Most Recent Fiscal Year)($1.35) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-70,760,000.00 Net Margins-59.23% Pretax Margin-59.08% Return on Equity-33.21% Return on Assets-29.14% Debt Debt-to-Equity RatioN/A Current Ratio10.61 Quick Ratio10.62 Sales & Book Value Annual Sales$135.19 million Price / Sales3.40 Cash FlowN/A Price / Cash FlowN/A Book Value$3.55 per share Price / Book2.17Miscellaneous Outstanding Shares59,650,000Free Float45,752,000Market Cap$459.31 million OptionableNot Optionable Beta2.27 Key ExecutivesMr. Kiwi Camara (Age 39)Co-Founder, CEO & Director Comp: $937.89kMr. Michael S. Lafair (Age 58)Chief Financial Officer Comp: $619.47kMr. Kent Radford (Age 52)Co-Founder & Chief Ethics and Compliance Officer Mr. Keith Zoellner (Age 59)Chief Technology Officer Mr. Sal CarusoChief Information OfficerLee RobinsonVP of Investor RelationsMs. Melissa Fruge (Age 50)Sr. VP & Gen. Counsel Mr. Luke McNeal (Age 42)Sr. VP of Global Sales Mr. Tom FurrChief Marketing OfficerMs. Jignasha Amin GroomsExec. VP & Chief HR OfficerMore ExecutivesKey CompetitorsWeave CommunicationsNYSE:WEAVDomoNASDAQ:DOMOAmerican SoftwareNASDAQ:AMSWAMaterialiseNASDAQ:MTLSON24NYSE:ONTFView All CompetitorsInsiders & InstitutionsJPMorgan Chase & Co.Bought 30,182 shares on 5/18/2023Ownership: 0.188%Michael LafairSold 4,371 sharesTotal: $23,559.69 ($5.39/share)Kevin Joseph SmithSold 4,149 sharesTotal: $22,363.11 ($5.39/share)State Street CorpBought 20,639 shares on 5/16/2023Ownership: 0.677%Geode Capital Management LLCBought 17,008 shares on 5/16/2023Ownership: 0.630%View All Insider TransactionsView All Institutional Transactions LAW Stock - Frequently Asked Questions Should I buy or sell CS Disco stock right now? 12 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for CS Disco in the last twelve months. There are currently 1 sell rating, 7 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street equities research 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? 12 equities research analysts have issued twelve-month target prices for CS Disco's stock. Their LAW share price forecasts range from $5.00 to $20.00. On average, they expect the company's stock price to reach $10.91 in the next twelve months. This suggests a possible upside of 41.7% 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 21.8% and is now trading at $7.70. View the best growth stocks for 2023 here. Are investors shorting CS Disco? CS Disco saw a increase in short interest during the month of April. As of April 30th, there was short interest totaling 1,090,000 shares, an increase of 5.8% from the April 15th total of 1,030,000 shares. Based on an average trading volume of 392,000 shares, the days-to-cover ratio is presently 2.8 days. Currently, 3.7% of the company's shares 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, August 10th 2023. View our LAW earnings forecast. How were CS Disco's earnings last quarter? CS Disco, Inc. (NYSE:LAW) announced its quarterly earnings results on Tuesday, November, 9th. The company reported ($0.17) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.22) by $0.05. The business earned $29.85 million during the quarter, compared to analyst estimates of $25.76 million. CS Disco had a negative trailing twelve-month return on equity of 33.21% and a negative net margin of 59.23%. 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), WisdomTree Artificial Intelligence and Innovation Fund (WTAI) and AOT Growth & Innovation ETF (AOTG). What guidance has CS Disco issued on next quarter's earnings? CS Disco updated its second quarter 2023 earnings guidance on Friday, May, 12th. The company provided EPS guidance of for the period. The company issued revenue guidance of $31.00 million-$33.00 million, compared to the consensus revenue estimate of $33.45 million. When did CS Disco IPO? (LAW) raised $192 million in an initial public offering 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 variety of institutional and retail investors. Top institutional investors include Solel Partners LP (4.16%), Franklin Resources Inc. (3.90%), BlackRock Inc. (2.22%), Acadian Asset Management LLC (0.87%), Wasatch Advisors LP (0.68%) and State Street Corp (0.68%). 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 $7.70. How much money does CS Disco make? CS Disco (NYSE:LAW) has a market capitalization of $459.31 million and generates $135.19 million in revenue each year. The company earns $-70,760,000.00 in net income (profit) each year or ($1.35) on an earnings per share basis. How many employees does CS Disco have? The company employs 470 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 6/4/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding CS Disco, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. 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