S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
How major US stock indexes fared Friday, 4/19/2024
Stock market today: Tumbling tech stocks drag Wall Street to the finish line of another losing week
American Express profits jump 34%, helped by jump in new customers, higher spending
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3 Magnificent Seven Stocks Outperforming the Rest
Bargain Hunting: 3 Stocks With RSIs That Scream Oversold
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
How major US stock indexes fared Friday, 4/19/2024
Stock market today: Tumbling tech stocks drag Wall Street to the finish line of another losing week
American Express profits jump 34%, helped by jump in new customers, higher spending
American Express, Fifth Third rise; Netflix, PPG Industries fall, Friday, 4/19/2024
Intuitive Surgical Stock Can Trend Much Higher This Year 
3 Magnificent Seven Stocks Outperforming the Rest
Bargain Hunting: 3 Stocks With RSIs That Scream Oversold
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
How major US stock indexes fared Friday, 4/19/2024
Stock market today: Tumbling tech stocks drag Wall Street to the finish line of another losing week
American Express profits jump 34%, helped by jump in new customers, higher spending
American Express, Fifth Third rise; Netflix, PPG Industries fall, Friday, 4/19/2024
Intuitive Surgical Stock Can Trend Much Higher This Year 
3 Magnificent Seven Stocks Outperforming the Rest
Bargain Hunting: 3 Stocks With RSIs That Scream Oversold
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
How major US stock indexes fared Friday, 4/19/2024
Stock market today: Tumbling tech stocks drag Wall Street to the finish line of another losing week
American Express profits jump 34%, helped by jump in new customers, higher spending
American Express, Fifth Third rise; Netflix, PPG Industries fall, Friday, 4/19/2024
Intuitive Surgical Stock Can Trend Much Higher This Year 
3 Magnificent Seven Stocks Outperforming the Rest
Bargain Hunting: 3 Stocks With RSIs That Scream Oversold

DocuSign (DOCU) Stock Price, News & Analysis

$55.70
-1.34 (-2.35%)
(As of 04/19/2024 ET)
Today's Range
$55.52
$56.79
50-Day Range
$49.98
$60.55
52-Week Range
$38.11
$64.76
Volume
2.20 million shs
Average Volume
3.39 million shs
Market Capitalization
$11.44 billion
P/E Ratio
154.73
Dividend Yield
N/A
Price Target
$60.25

DocuSign MarketRank™ Stock Analysis

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
8.2% Upside
$60.25 Price Target
Short Interest
Healthy
4.08% of Shares Sold Short
Dividend Strength
N/A
Sustainability
-0.68
Upright™ Environmental Score
News Sentiment
0.64mentions of DocuSign in the last 14 days
Based on 16 Articles This Week
Insider Trading
Selling Shares
$3.18 M Sold Last Quarter
Proj. Earnings Growth
41.86%
From $0.86 to $1.22 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.86 out of 5 stars

Business Services Sector

67th out of 305 stocks

Prepackaged Software Industry

47th out of 197 stocks

DOCU stock logo

About DocuSign Stock (NASDAQ:DOCU)

DocuSign, Inc. provides electronic signature solution in the United States and internationally. The company provides e-signature solution that enables sending and signing of agreements on various devices; Contract Lifecycle Management (CLM), which automates workflows across the entire agreement process; Document Generation streamlines the process of generating new, custom agreements; and Gen for Salesforce, which allows sales representatives to automatically generate agreements with a few clicks from within Salesforce. It also provides Identify, a signer-identification option for checking government-issued IDs; Standards-Based Signatures, which support signatures that involve digital certificates; Monitor that uses advanced analytics to track DocuSign eSignature web, mobile, and API account; Notary which enables notaries public to conduct remote online notarization transactions; and Web Forms, a web forms that quickly draft agreements using pre-populated data from completed forms or external systems via APIs. In addition, the company offers Rooms for Real Estate that provides a way for brokers and agents to manage the entire real estate transaction digitally. Signature and CLM are FedRAMP, an authorized version of DocuSign eSignature for U.S. federal government agencies; and life sciences modules that support compliance with the electronic signature practices. The company sells its products through direct and partner-assisted sales, and digital self-service purchasing. DocuSign, Inc. was incorporated in 2003 and is headquartered in San Francisco, California.

DOCU Stock Price History

DOCU Stock News Headlines

DocuSign and The Case for 66% Upside
An optimist would say that's not a rally to be sniffed at, and there are plenty of signs that it's only getting started. A pessimist, however, would point out that shares are trading down more than 80% from their pandemic-inspired high in 2021 and are currently trading only marginally higher than where they IPO'd in 2018.
DocuSign and The Case for 66% Upside 
Recent upgrades suggest DocuSign still has 60%+ of unrealized upside. If the stock hits targets by Citi or JMP, it'd be their highest levels in over 2 years.
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DocuSign (NASDAQ:DOCU) Upgraded to "Neutral" by UBS Group
See More Headlines
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Company Calendar

Last Earnings
3/07/2024
Today
4/19/2024
Next Earnings (Estimated)
6/13/2024
Fiscal Year End
1/31/2025

Industry, Sector and Symbol

Industry
Prepackaged software
Sub-Industry
N/A
Current Symbol
NASDAQ:DOCU
Fax
N/A
Employees
6,840
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$60.25
High Stock Price Target
$87.00
Low Stock Price Target
$42.00
Potential Upside/Downside
+8.2%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
11 Analysts

Profitability

Net Income
$73.98 million
Pretax Margin
3.39%

Debt

Sales & Book Value

Annual Sales
$2.76 billion
Cash Flow
$2.07 per share
Book Value
$5.54 per share

Miscellaneous

Free Float
168,839,000
Market Cap
$11.44 billion
Optionable
Optionable
Beta
0.89
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DOCU Stock Analysis - Frequently Asked Questions

Should I buy or sell DocuSign stock right now?

11 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for DocuSign in the last year. There are currently 2 sell ratings, 7 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" DOCU shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in DOCU, but not buy additional shares or sell existing shares.
View DOCU analyst ratings
or view top-rated stocks.

What is DocuSign's stock price target for 2024?

11 brokers have issued 12 month target prices for DocuSign's stock. Their DOCU share price targets range from $42.00 to $87.00. On average, they anticipate the company's share price to reach $60.25 in the next twelve months. This suggests a possible upside of 8.2% from the stock's current price.
View analysts price targets for DOCU
or view top-rated stocks among Wall Street analysts.

How have DOCU shares performed in 2024?

DocuSign's stock was trading at $59.45 at the start of the year. Since then, DOCU shares have decreased by 6.3% and is now trading at $55.70.
View the best growth stocks for 2024 here
.

Are investors shorting DocuSign?

DocuSign saw a increase in short interest in March. As of March 31st, there was short interest totaling 8,380,000 shares, an increase of 18.0% from the March 15th total of 7,100,000 shares. Based on an average daily volume of 3,620,000 shares, the short-interest ratio is currently 2.3 days.
View DocuSign's Short Interest
.

When is DocuSign's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, June 13th 2024.
View our DOCU earnings forecast
.

How were DocuSign's earnings last quarter?

DocuSign, Inc. (NASDAQ:DOCU) announced its quarterly earnings results on Thursday, March, 7th. The company reported $0.15 earnings per share for the quarter, topping analysts' consensus estimates of $0.09 by $0.06. The business earned $712.39 million during the quarter, compared to analysts' expectations of $698.05 million. DocuSign had a net margin of 2.68% and a trailing twelve-month return on equity of 13.91%.

What guidance has DocuSign issued on next quarter's earnings?

DocuSign issued an update on its first quarter 2025 earnings guidance on Thursday, March, 7th. The company provided EPS guidance of for the period. The company issued revenue guidance of $704.0 million-$708.0 million, compared to the consensus revenue estimate of $700.1 million.

What is Daniel Springer's approval rating as DocuSign's CEO?

782 employees have rated DocuSign Chief Executive Officer Daniel Springer on Glassdoor.com. Daniel Springer has an approval rating of 98% among the company's employees. This puts Daniel Springer in the top 20% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of DocuSign own?

Based on aggregate information from My MarketBeat watchlists, some companies that other DocuSign investors own include NVIDIA (NVDA), Block (SQ), Tesla (TSLA), Advanced Micro Devices (AMD), Zoom Video Communications (ZM), PayPal (PYPL), Salesforce (CRM), Alibaba Group (BABA), Shopify (SHOP) and Netflix (NFLX).

When did DocuSign IPO?

DocuSign (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 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.

Who are DocuSign's major shareholders?

DocuSign's stock is owned by a number of retail and institutional investors. Top institutional investors include Los Angeles Capital Management LLC (0.25%), Sumitomo Mitsui Trust Holdings Inc. (0.23%), Grimes & Company Inc. (0.14%), MEAG MUNICH ERGO Kapitalanlagegesellschaft mbH (0.06%), Gilman Hill Asset Management LLC (0.04%) and Selective Wealth Management Inc. (0.03%). Insiders that own company stock include Allan C Thygesen, Blake Jeffrey Grayson, Cynthia Gaylor, Daniel D Springer, Enrique T Salem, Enrique T Salem, James P Shaughnessy, Loren Alhadeff, Peter Solvik, Scott V Olrich, Stephen Shute, Teresa Briggs and Tram T Phi.
View institutional ownership trends
.

How do I buy shares of DocuSign?

Shares of DOCU stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:DOCU) was last updated on 4/19/2024 by MarketBeat.com Staff

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