DOCU Stock - DocuSign, Inc.
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Financial Statements
| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Revenue | $2.98B | $2.76B | $2.52B | $2.11B | $1.45B |
| Gross Profit | $2.36B | $2.19B | $1.98B | $1.64B | $1.09B |
| Gross Margin | 79.1% | 79.3% | 78.7% | 77.9% | 74.9% |
| Operating Income | $199.93M | $31.63M | $-88,031,000 | $-61,884,000 | $-173,855,000 |
| Net Income | $1.07B | $73.98M | $-97,454,000 | $-69,976,000 | $-243,267,000 |
| Net Margin | 35.9% | 2.7% | -3.9% | -3.3% | -16.7% |
| EPS | $5.23 | $0.36 | $-0.49 | $-0.36 | $-1.31 |
DocuSign, Inc. provides electronic signature software in the United States and internationally. The company provides e-signature solution that enables businesses to digitally prepare, sign, act on, and manage agreements. It also offers CLM, which automates workflows across the entire agreement process; Insights that use artificial intelligence (AI) to search and analyze agreements by legal concepts and clauses; Gen for Salesforce, which allows sales representatives to automatically generate agreements with a few clicks from within Salesforce; Negotiate for Salesforce that supports for approvals, document comparisons, and version control; Analyzer, which helps customers understand what they're signing before they sign it; and CLM+ that provide AI-driven contract lifecycle management. The company provides Guided Forms, which enable complex forms to be filled via an interactive and step-by-step process; Click that supports no-signature-required agreements for standard terms and consents; Identify, a signer-identification option for checking government-issued IDs; Standards-Based Signatures, which support signatures that involve digital certificates; Payments that enables customers to collect signatures and payment; Remote Online Notary is a solution using audio-visual and identify verification technologies to enable notarization; and Monitor using advanced analytics to track DocuSign eSignature web, mobile, and API account. It offers industry-specific cloud offerings, including Rooms for Real Estate that provides a way for brokers and agents to manage the entire real estate transaction digitally; Rooms for Mortgage, which offers digital workspace to create and close mortgages; 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, partner-assisted, and Web-based sales. It serves enterprise, commercial, and small businesses. The company was incorporated in 2003 and is headquartered in San Francisco, California.
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Price Targets
Recent Analyst Actions
| Date | Firm | Action | Rating | Price Target |
|---|---|---|---|---|
| December 17th 2025 | BTIG Research | Initiation | Buy | $88 |
| June 13th 2025 | Wells Fargo | Upgrade | Equal Weight | $80 |
| April 11th 2025 | HSBC Securities | Upgrade | Hold | $70 |
| March 17th 2025 | William Blair | Upgrade | Outperform | - |
| March 10th 2025 | JP Morgan | Upgrade | Neutral | $75← $70 |
| December 6th 2024 | HSBC Securities | Downgrade | Reduce | - |
| April 12th 2024 | UBS | Upgrade | Neutral | $62← $48 |
| January 16th 2024 | Morgan Stanley | Upgrade | Equal Weight | $64← $49 |
| December 20th 2023 | Wells Fargo | Downgrade | Underweight | - |
| December 15th 2023 | Daiwa Securities | Downgrade | Outperform | $60 |
| September 27th 2023 | HSBC Securities | Upgrade | Hold | $42 |
| September 15th 2023 | HSBC Securities | Initiation | Reduce | $42 |
| March 10th 2023 | JP Morgan | Downgrade | Underweight | $48← $58 |
| February 23rd 2023 | Wolfe Research | Upgrade | Peer Perform | - |
| February 21st 2023 | UBS | Downgrade | Sell | $52 |
Earnings History & Surprises
DOCUEPS Surprise History
Quarterly EPS Details
| Period | Report Date | Estimated EPS | Actual EPS | Surprise | Result |
|---|---|---|---|---|---|
Q1 2026 | Mar 12, 2026 | $0.95 | — | — | — |
Q4 2025 | Dec 4, 2025 | $0.92 | $1.01 | +10.3% | ✓ BEAT |
Q3 2025 | Sep 4, 2025 | $0.85 | $0.92 | +8.6% | ✓ BEAT |
Q2 2025 | Jun 5, 2025 | $0.81 | $0.90 | +10.8% | ✓ BEAT |
Q1 2025 | Mar 13, 2025 | $0.85 | $0.86 | +1.1% | ✓ BEAT |
Q4 2024 | Dec 5, 2024 | $0.87 | $0.90 | +3.4% | ✓ BEAT |
Q3 2024 | Sep 5, 2024 | $0.81 | $0.97 | +20.2% | ✓ BEAT |
Q2 2024 | Jun 6, 2024 | $0.79 | $0.82 | +3.5% | ✓ BEAT |
Q1 2024 | Mar 7, 2024 | $0.65 | $0.76 | +17.5% | ✓ BEAT |
Q4 2023 | Dec 7, 2023 | $0.61 | $0.79 | +29.5% | ✓ BEAT |
Q3 2023 | Sep 7, 2023 | $0.65 | $0.72 | +10.8% | ✓ BEAT |
Q2 2023 | Jun 8, 2023 | $0.53 | $0.72 | +35.8% | ✓ BEAT |
Q1 2023 | Mar 9, 2023 | $0.53 | $0.65 | +22.6% | ✓ BEAT |
Q4 2022 | Dec 8, 2022 | $0.41 | $0.57 | +39.0% | ✓ BEAT |
Q3 2022 | Sep 8, 2022 | $0.42 | $0.44 | +4.8% | ✓ BEAT |
Q2 2022 | Jun 9, 2022 | $0.46 | $0.38 | -17.4% | ✗ MISS |
Q1 2022 | Mar 10, 2022 | $0.48 | $0.48 | 0.0% | = MET |
Q4 2021 | Dec 2, 2021 | $0.46 | $0.58 | +26.1% | ✓ BEAT |
Q3 2021 | Sep 2, 2021 | $0.39 | $0.47 | +20.5% | ✓ BEAT |
Q2 2021 | Jun 3, 2021 | $0.27 | $0.44 | +63.0% | ✓ BEAT |
Latest News
BTIG Initiates Coverage On Docusign with Buy Rating, Announces Price Target of $88
📈 Positive'Docusign Marks 10 Years In Ireland With €4.5 Million Investment To Accelerate Local AI Innovation And EMEA Growth' - IDA Ireland
📈 PositivePiper Sandler Maintains Neutral on Docusign, Lowers Price Target to $75
➖ NeutralUBS Maintains Neutral on Docusign, Lowers Price Target to $75
➖ NeutralEvercore ISI Group Maintains In-Line on Docusign, Lowers Price Target to $80
➖ NeutralWells Fargo Maintains Equal-Weight on Docusign, Lowers Price Target to $75
➖ NeutralJP Morgan Maintains Neutral on Docusign, Lowers Price Target to $78
➖ NeutralRBC Capital Reiterates Sector Perform on Docusign, Maintains $95 Price Target
➖ NeutralDocuSign shares are trading lower. The company reported Q3 financial results.
📉 NegativeWedbush Maintains Neutral on Docusign, Lowers Price Target to $75
➖ NeutralDocusign in focus as analysts cut price targets despite 'solid' results
📉 NegativeB of A Securities Maintains Neutral on Docusign, Lowers Price Target to $82
➖ NeutralBaird Maintains Neutral on Docusign, Lowers Price Target to $75
📉 NegativeNeedham Reiterates Hold on Docusignto Hold
➖ NeutralDocuSign shares are trading lower. The company reported Q3 financial results.
📉 NegativeDocuSign Non-GAAP EPS of $1.01 beats by $0.09, revenue of $818.35M beats by $10.93M
📈 PositiveDocusign Raises FY2026 Sales Guidance from $3.189B-$3.201B to $3.208B-$3.212B vs $3.197B Est
📈 PositiveDocusign Sees Q4 Sales $825.000M-$829.000M vs $826.842M Est
➖ NeutralDocuSign Q3 Adj. EPS $1.01 Beats $0.92 Estimate, Sales $813.350M Beat $806.915M Estimate
📈 PositiveShares of software stocks are trading higher after Fed Governor Waller called for a December rate cut.
📈 PositiveFrequently Asked Questions about DOCU
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