NASDAQ:DOCU

56.75
0.91 (1.63%) 1d
0

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Investor Insights

This summary was created by AI, based on 3 opinions in the last 12 months.

Overall, the experts seem to have mixed feelings about Docusign's future prospects. While the company is dominant in its industry, there are concerns about increasing competition and the lack of unique software. The new CEO's cost-cutting measures have been effective, but the stock's performance has been stagnant. There is speculation about a potential acquisition by a larger player like MSFT. With lingering post-Covid effects and a crowded market, some experts are cautious about investing in Docusign at this time.

Consensus
Mixed
Valuation
Fair Value
DON'T BUY
Docusign

Dominates this business, but ADBE has entered the space. Stock's gone sideways. Software is not unique, and competition will show up. Perhaps a bigger player like MSFT would buy it and incorporate the technology.

Technology
BUY
Docusign

Has a new CEO since last year and he's aggressively cut costs. Last month, they reported one of their best quarters in years, but shares didn't get any traction.

Technology
DON'T BUY
Docusign

Likes and uses its software, but it's still too close to its post-Covid hangover to buy. There are too many competitors, too.

Technology
BUY ON WEAKNESS
Docusign
Allan Tong’s Discover Picks Taking a step back, DOCU revenues have climbed from $250 million in 2016 to $2.1 billion in its last fiscal year. Meanwhile, cash levels are rising. Flashforward to last week's report in which EPS clocked in at $0.44. That was actually down 6% from a year ago, but higher than the expected $0.42. Also impressing the street were revenues of $622.2 million beating $602 million (a 22% increase YOY). The company issued a rosy forecast of $626 million in revenues vs. the street's $625 million. Read 2 Big Technology Stocks That Are Back for our full analysis.
Technology
BUY ON WEAKNESS
Docusign
Are spectacular buys in the tech space, even pandemic tech winners like Docusign. It just reported a surprise beat and shares are soaring. Post-Covid, it sold off hard and fast, but they still had a business going. Buy during sell-offs.
Technology
BUY ON WEAKNESS
Docusign
Downgraded a lot today BOA downgraded it to a sell today, but he added to his holdings today. It's down 80% from its pandemic highs, but its products are everywhere. Not a great investment, sure, but DOCU is an essential part of any business that already uses it, and businesses rarely change their service systems. Also, companies and countries are reacting to the Russian invasion of Ukraine--they're asking, in which country is my data residing? He's in pain, but is averaging down. DOCU is a long-term bet. He's known the management since they were private--he's confident DOCU can pivot. He projects double-digit returns in 18 months.
Technology
DON'T BUY
Docusign
Wall Street has left certain "pandemic" stocks for dead. They offer a valuable product that will expand its reach. But more business deals will be done face to face after Covid. DOCU is trading at 56x PE even after falling from highs. DOCU flew too high during Covid.
Technology
DON'T BUY
Docusign
Reported a miss He had puts at the 95 put strike. My gosh. When this stock is taken out, it's not at 5-10%, but a quarter of the value of the company. Not good.
Technology
DON'T BUY
Docusign
Represents change from risk-on to risk-off in markets. Peaked at over $300, now below $100. No fundamental floor, so nothing to support it besides a concept, albeit a good one. Extremely expensive at 7x revenue, doesn't make any money. Don't be lured by stocks that fall precipitously, as there may be no end in sight.
Technology
DON'T BUY
Docusign
Cathy Wood bought a ton of shares after share plunged DOCU has a bright future, but this in the penalty box for a few quarters. As for Wood, he respects her, but wishes she would be more selective in what she buys.
Technology
DON'T BUY
Docusign
They reported a terrible quarter and sank 42%. A poorly executed quarter and a slowdown in business that the CEO didn't see. But investors hid behind this in the wake of Omicron and got hit badly today. DOCU dragged down other tech stocks, too. It was trading at 150x earnings which made investors consider the value of tech stocks in general.
Technology
DON'T BUY
Docusign
A Covid play, trading at 150x earnings, which is too rich. Pass though he's a little on the fence about this because he's a huge believer in their product.
Technology
COMMENT
Docusign
An exciting company offering a technology that will be widely adopted, but the valuation is trading at 26x revenue (not earnings). Too high. Too much future success is already priced in.
Technology
HOLD
Docusign
He's tempted to say buy. DOCU will come out of this pandemic strong.
Technology
WATCH
Docusign
They're about to report. Valuation is ridiculous around 100x 2021, but they have earnings growth (likely a secular trend that won't fade). He's fascinated to see how it'll react post earnings. Sure, it's worth a look.
Technology
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Docusign(DOCU-Q) Rating

Ranking : 3 out of 5

Bullish - Buy Signals / Votes : 1

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 2

Total Signals / Votes : 3

Stockchase rating for Docusign is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Docusign(DOCU-Q) Frequently Asked Questions

What is Docusign stock symbol?

Docusign is a American stock, trading under the symbol DOCU-Q on the NASDAQ (DOCU). It is usually referred to as NASDAQ:DOCU or DOCU-Q

Is Docusign a buy or a sell?

In the last year, 3 stock analysts published opinions about DOCU-Q. 1 analyst recommended to BUY the stock. 2 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Docusign.

Is Docusign a good investment or a top pick?

Docusign was recommended as a Top Pick by on . Read the latest stock experts ratings for Docusign.

Why is Docusign stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Docusign worth watching?

3 stock analysts on Stockchase covered Docusign In the last year. It is a trending stock that is worth watching.

What is Docusign stock price?

On 2024-04-23, Docusign (DOCU-Q) stock closed at a price of $56.75.