DocuSign (NASDAQ:DOCU) Releases Earnings Results

DocuSign (NASDAQ:DOCU - Get Free Report) announced its earnings results on Thursday. The company reported $0.86 earnings per share for the quarter, beating analysts' consensus estimates of $0.84 by $0.02, Briefing.com reports. DocuSign had a net margin of 34.73% and a return on equity of 14.90%. The business had revenue of $776.25 million during the quarter, compared to analyst estimates of $760.94 million. During the same period in the previous year, the business earned $0.76 EPS. The company's quarterly revenue was up 9.0% compared to the same quarter last year. DocuSign updated its FY 2026 guidance to EPS and its Q1 2026 guidance to EPS.

DocuSign Trading Down 1.5 %

Shares of NASDAQ:DOCU traded down $1.25 on Monday, hitting $84.51. 2,132,440 shares of the company were exchanged, compared to its average volume of 2,394,613. DocuSign has a 1-year low of $48.70 and a 1-year high of $107.86. The stock's 50 day moving average price is $87.97 and its 200 day moving average price is $79.52. The firm has a market capitalization of $17.07 billion, a P/E ratio of 17.44, a price-to-earnings-growth ratio of 6.94 and a beta of 1.02.

Analyst Ratings Changes

A number of brokerages have recently issued reports on DOCU. Piper Sandler boosted their price objective on shares of DocuSign from $60.00 to $90.00 and gave the company a "neutral" rating in a research report on Friday, December 6th. Royal Bank of Canada reiterated a "sector perform" rating and issued a $90.00 price target on shares of DocuSign in a research note on Friday. Morgan Stanley upped their target price on shares of DocuSign from $62.00 to $97.00 and gave the company an "equal weight" rating in a research report on Friday, December 6th. Citigroup upped their target price on shares of DocuSign from $113.00 to $115.00 and gave the company a "buy" rating in a research report on Friday. Finally, Robert W. Baird increased their price objective on shares of DocuSign from $59.00 to $100.00 and gave the stock a "neutral" rating in a research report on Friday, December 6th. Two investment analysts have rated the stock with a sell rating, nine have given a hold rating and four have assigned a buy rating to the stock. According to data from MarketBeat, DocuSign presently has a consensus rating of "Hold" and an average target price of $95.58.

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Insider Transactions at DocuSign

In related news, insider Robert Chatwani sold 14,800 shares of the business's stock in a transaction on Wednesday, December 18th. The shares were sold at an average price of $97.76, for a total transaction of $1,446,848.00. Following the completion of the transaction, the insider now directly owns 73,414 shares in the company, valued at $7,176,952.64. The trade was a 16.78 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO Allan C. Thygesen sold 40,000 shares of the business's stock in a transaction on Thursday, January 2nd. The shares were sold at an average price of $90.04, for a total transaction of $3,601,600.00. Following the transaction, the chief executive officer now owns 156,050 shares of the company's stock, valued at $14,050,742. This represents a 20.40 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 95,888 shares of company stock worth $8,856,718. Company insiders own 1.66% of the company's stock.

DocuSign Company Profile

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.