Docusign Inc. (NASDAQ:DOCU) Stock Has Average Target Price of $67.33

Shares of Docusign Inc. (NASDAQ:DOCU) have received an average recommendation of “Hold” from the eighteen analysts that are covering the company, MarketBeat reports. One equities research analyst has rated the stock with a sell recommendation, fourteen have assigned a hold recommendation and three have issued a buy recommendation on the company. The average 1 year price target among brokerages that have covered the stock in the last year is $67.33.

Several research analysts have recently weighed in on DOCU shares. BTIG Research increased their price objective on shares of Docusign from $60.00 to $75.00 and gave the stock a “buy” rating in a report on Wednesday, September 2nd. Robert W. Baird boosted their target price on shares of Docusign from $55.00 to $72.00 and gave the company a “neutral” rating in a report on Friday, September 4th. Morgan Stanley upped their price target on shares of Docusign from $69.00 to $75.00 and gave the stock an “equal weight” rating in a research report on Friday, September 4th. Royal Bank Of Canada increased their price target on shares of Docusign from $55.00 to $70.00 and gave the stock a “sector perform” rating in a research note on Friday, September 4th. Finally, Weiss Ratings upgraded shares of Docusign from a “hold (c-)” rating to a “hold (c)” rating in a report on Tuesday, August 25th.

Docusign Stock Performance

Docusign stock opened at $66.98 on Friday. The stock has a fifty day moving average price of $62.31 and a 200 day moving average price of $52.56. Docusign has a 52 week low of $40.16 and a 52 week high of $81.88. The firm has a market capitalization of $12.52 billion, a P/E ratio of 40.84, a PEG ratio of 2.48 and a beta of 0.90.

Docusign (NASDAQ:DOCU) last issued its quarterly earnings results on Thursday, September 3rd. The company reported $1.16 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.09 by $0.07. The firm had revenue of $875.75 million for the quarter, compared to analyst estimates of $867.22 million. Docusign had a return on equity of 18.29% and a net margin of 9.82%.The firm’s quarterly revenue was up 9.4% on a year-over-year basis. During the same period last year, the company earned $0.30 EPS. As a group, equities analysts predict that Docusign will post 2.13 EPS for the current year.

Insiders Place Their Bets

In other Docusign news, Director Mary Wilderotter sold 1,096 shares of the company’s stock in a transaction dated Wednesday, September 16th. The stock was sold at an average price of $70.60, for a total transaction of $77,377.60. Following the completion of the sale, the director directly owned 3,199 shares in the company, valued at $225,849.40. This represents a 25.52% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Blake Grayson sold 30,000 shares of the firm’s stock in a transaction dated Friday, September 4th. The stock was sold at an average price of $70.00, for a total value of $2,100,000.00. Following the completion of the transaction, the chief financial officer owned 96,429 shares in the company, valued at approximately $6,750,030. This trade represents a 23.73% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders sold 123,318 shares of company stock worth $8,181,555. Corporate insiders own 0.59% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the business. Bank of America Corp DE raised its stake in shares of Docusign by 23.3% in the 1st quarter. Bank of America Corp DE now owns 1,193,163 shares of the company’s stock valued at $56,568,000 after acquiring an additional 225,801 shares during the period. Capital World Investors boosted its position in Docusign by 38.1% during the 4th quarter. Capital World Investors now owns 5,815,804 shares of the company’s stock worth $397,801,000 after purchasing an additional 1,603,900 shares during the period. Assenagon Asset Management S.A. increased its holdings in Docusign by 247.5% in the 2nd quarter. Assenagon Asset Management S.A. now owns 349,038 shares of the company’s stock valued at $15,504,000 after purchasing an additional 248,597 shares in the last quarter. United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund acquired a new stake in Docusign in the 4th quarter valued at $6,897,000. Finally, Los Angeles Capital Management LLC purchased a new position in Docusign in the fourth quarter valued at about $1,750,000. Hedge funds and other institutional investors own 77.64% of the company’s stock.

Key Docusign News

Here are the key news stories impacting Docusign this week:

• Positive Sentiment: Improved long-term earnings outlook: Zacks Research raised its FY2027 EPS estimate to $1.96 from $1.69, FY2028 to $2.07 from $1.76, and FY2029 to $1.95 from $1.35. The revisions suggest analysts see stronger profitability ahead. Docusign Stock Earnings Estimates Lifted by Zacks Research
• Positive Sentiment: Several quarterly estimates were increased: Zacks lifted estimates for Q1 2028 EPS to $0.49 from $0.47, Q2 2028 to $0.49 from $0.28, Q3 2028 to $0.51 from $0.38, and Q2 2029 to $0.67 from $0.21. The broad upward revisions may support investor confidence in Docusign’s earnings trajectory. DOCU Stock Soars 50.8% in 3 Months
• Positive Sentiment: Operating performance remains a catalyst: The recent rally reflects expectations that customer expansion, cost discipline and cash generation can drive margin gains and fund buybacks. Docusign’s latest reported quarter also exceeded revenue and EPS expectations, with revenue up 9.4% year over year.
• Neutral Sentiment: Mixed estimate revisions: Zacks reduced its Q1 2029 EPS forecast to $0.66 from $0.73 and Q4 2028 to $0.57 from $0.62. However, these cuts were offset by increases elsewhere, while the current-year consensus remains $2.10 per share.

Docusign Company Profile

DocuSign, Inc (NASDAQ:DOCU) provides cloud-based software for electronically signing, managing and automating agreements. Its platform enables individuals and organizations to prepare, send, sign, track and store documents digitally, helping replace paper-based contracting processes.

The company’s offerings include electronic signature tools, contract lifecycle management, identity verification and authentication services, document generation, agreement analytics and related workflow automation capabilities.