DocuSign (NASDAQ:DOCU) Releases Quarterly Earnings Results, Beats Estimates By $0.02 EPS

DocuSign (NASDAQ:DOCU - Get Free Report) announced its quarterly 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 firm had revenue of $776.25 million during the quarter, compared to analysts' expectations of $760.94 million. During the same period in the previous year, the company earned $0.76 earnings per share. DocuSign'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 Stock Performance

DOCU traded up $11.06 on Friday, hitting $85.76. 11,927,431 shares of the company were exchanged, compared to its average volume of 2,402,407. The business's fifty day moving average is $87.97 and its 200 day moving average is $79.37. DocuSign has a fifty-two week low of $48.70 and a fifty-two week high of $107.86. The firm has a market capitalization of $17.33 billion, a P/E ratio of 17.68, a price-to-earnings-growth ratio of 6.94 and a beta of 1.02.

Insiders Place Their Bets

In other news, CFO Blake Jeffrey Grayson sold 8,000 shares of the stock in a transaction that occurred on Friday, February 14th. The shares were sold at an average price of $86.90, for a total value of $695,200.00. Following the sale, the chief financial officer now directly owns 77,851 shares in the company, valued at $6,765,251.90. This represents a 9.32 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Allan C. Thygesen sold 40,000 shares of the stock in a transaction that occurred 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 completion of the sale, the chief executive officer now owns 156,050 shares in the company, 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 three months, insiders have sold 104,422 shares of company stock worth $9,665,394. 1.66% of the stock is owned by company insiders.

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Analyst Ratings Changes

A number of brokerages recently weighed in on DOCU. Royal Bank of Canada reissued a "sector perform" rating and issued a $90.00 price target on shares of DocuSign in a research report on Friday. Bank of America reduced their target price on shares of DocuSign from $112.00 to $98.00 and set a "neutral" rating for the company in a report on Friday. JMP Securities reaffirmed a "market outperform" rating and issued a $124.00 target price on shares of DocuSign in a report on Tuesday, January 7th. 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 report on Friday, December 6th. Finally, Needham & Company LLC reaffirmed a "hold" rating on shares of DocuSign in a report on Friday. Two investment analysts have rated the stock with a sell rating, nine have assigned a hold rating and three have issued a buy rating to the company's stock. According to data from MarketBeat.com, the company currently has an average rating of "Hold" and an average price target of $95.58.

About DocuSign

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.