CS Disco (LAW) Stock Forecast, Price & News

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for CS Disco in the last year. There are currently 1 sell rating, 7 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.

12 Wall Street analysts have issued 1 year price objectives for CS Disco's shares. Their LAW share price forecasts range from $5.00 to $20.00. On average, they predict the company's stock price to reach $10.91 in the next year. This suggests a possible upside of 34.8% from the stock's current price.
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CS Disco's stock was trading at $6.32 at the start of the year. Since then, LAW stock has increased by 28.0% and is now trading at $8.09.
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CS Disco saw a increase in short interest in 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 daily volume of 392,000 shares, the short-interest ratio is presently 2.8 days. Currently, 3.7% of the shares of the stock are sold short.
View CS Disco's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, August 10th 2023.
View our LAW earnings forecast.

CS Disco, Inc. (NYSE:LAW) posted its quarterly earnings data on Tuesday, November, 9th. The company reported ($0.17) earnings per share for the quarter, beating the consensus estimate of ($0.22) by $0.05. The firm had revenue of $29.85 million for the quarter, compared to the consensus estimate of $25.76 million. CS Disco had a negative net margin of 59.23% and a negative trailing twelve-month return on equity of 33.21%.

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).

CS Disco updated its second quarter 2023 earnings guidance on Friday, May, 12th. The company provided earnings per share 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.

(LAW) raised $192 million in an initial public offering on Wednesday, July 21st 2021. The company issued 7,000,000 shares at a price of $26.00-$29.00 per share.

CS Disco trades on the New York Stock Exchange (NYSE) under the ticker symbol "LAW."

CS Disco's stock is owned by a number of institutional and retail investors. Top institutional shareholders 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.
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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.
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One share of LAW stock can currently be purchased for approximately $8.09.

CS Disco (NYSE:LAW) has a market capitalization of $482.57 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.

The company employs 470 workers across the globe.

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.