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DocuSign (DOCU) Stock Forecast & Price Target

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$69.85
-1.26 (-1.77%)
(As of 11/4/2024 ET)

DocuSign - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Sell
2
Hold
7
Buy
2

Based on 11 Wall Street analysts who have issued ratings for DocuSign in the last 12 months, the stock has a consensus rating of "Hold." Out of the 11 analysts, 2 have given a sell rating, 7 have given a hold rating, and 2 have given a buy rating for DOCU.

Consensus Price Target

$63.40
-9.23% Downside
According to the 11 analysts' twelve-month price targets for DocuSign, the average price target is $63.40. The highest price target for DOCU is $87.00, while the lowest price target for DOCU is $45.00. The average price target represents a forecasted downside of -9.23% from the current price of $69.85.
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DOCU Analyst Ratings Over Time

TypeCurrent Forecast
11/5/23 to 11/4/24
1 Month Ago
10/6/23 to 10/5/24
3 Months Ago
8/7/23 to 8/6/24
1 Year Ago
11/5/22 to 11/5/23
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
2 Buy rating(s)
2 Buy rating(s)
2 Buy rating(s)
3 Buy rating(s)
Hold
7 Hold rating(s)
7 Hold rating(s)
8 Hold rating(s)
7 Hold rating(s)
Sell
2 Sell rating(s)
2 Sell rating(s)
2 Sell rating(s)
3 Sell rating(s)
Consensus Price Target$63.40$63.40$59.36$61.69
Forecasted Upside-9.23% Downside-0.69% Downside17.37% Upside50.14% Upside
Consensus Rating
Hold
Hold
Hold
Hold

DOCU Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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DOCU Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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DocuSign Stock vs. The Competition

TypeDocuSignComputer and Technology CompaniesS&P 500
Consensus Rating Score
2.00
2.67
2.50
Consensus RatingHoldModerate BuyHold
Predicted Upside-9.23% Downside321.72% Upside10.46% Upside
News Sentiment Rating
Positive News

See Recent DOCU News
Neutral News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
9/6/2024Citigroup
3 of 5 stars
 Boost TargetBuy ➝ Buy$86.00 ➝ $87.00+48.46%
9/6/2024Bank of America
4 of 5 stars
 Boost TargetNeutral ➝ Neutral$60.00 ➝ $68.00+15.14%
9/6/2024Royal Bank of Canada
4 of 5 stars
 Boost TargetSector Perform ➝ Sector Perform$52.00 ➝ $57.00-1.37%
9/6/2024Wells Fargo & Company
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 Boost TargetUnderweight ➝ Underweight$48.00 ➝ $50.00-12.17%
9/6/2024Needham & Company LLC
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S. Berg
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Reiterated RatingHold
9/6/2024Robert W. Baird
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 Boost TargetNeutral ➝ Neutral$55.00 ➝ $59.00+3.64%
9/5/2024JMP Securities
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 Reiterated RatingMarket Outperform ➝ Market Outperform$84.00 ➝ $84.00+47.32%
6/7/2024Morgan Stanley
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 Lower TargetEqual Weight ➝ Equal Weight$65.00 ➝ $62.00+18.52%
6/7/2024Piper Sandler
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 Lower TargetNeutral ➝ Neutral$65.00 ➝ $60.00+16.26%
4/12/2024UBS Group
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 UpgradeSell ➝ Neutral$48.00 ➝ $62.00+4.24%
12/8/2023JPMorgan Chase & Co.
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 Lower TargetUnderweight ➝ Underweight$50.00 ➝ $45.00-10.73%
9/27/2023HSBC
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 UpgradeReduce ➝ Hold$42.00+2.34%
6/9/202322nd Century Group
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 Reiterated RatingMaintains
6/9/2023Wedbush
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 Boost Target$60.00 ➝ $67.00+14.57%
3/7/2023Jefferies Financial Group
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 Boost TargetBuy$70.00 ➝ $80.00+24.71%
2/23/2023Wolfe Research
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 UpgradeUnderperform ➝ Peer Perform

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Monday at 10:54 PM ET.


DOCU Forecast - Frequently Asked Questions

According to the research reports of 11 Wall Street equities research analysts, the average twelve-month stock price forecast for DocuSign is $63.40, with a high forecast of $87.00 and a low forecast of $45.00.

11 Wall Street 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 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.

According to analysts, DocuSign's stock has a predicted downside of -9.23% based on their 12-month stock forecasts.

DocuSign has been rated by research analysts at Bank of America, Citigroup, JMP Securities, Needham & Company LLC, Robert W. Baird, Royal Bank of Canada, and Wells Fargo & Company in the past 90 days.

Analysts like DocuSign less than other "computer and technology" companies. The consensus rating for DocuSign is Hold while the average consensus rating for "computer and technology" companies is Moderate Buy. Learn more on how DOCU compares to other companies.


This page (NASDAQ:DOCU) was last updated on 11/4/2024 by MarketBeat.com Staff
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