DocuSign (NASDAQ:DOCU) Issues Earnings Results

DocuSign (NASDAQ:DOCU) released its earnings results on Thursday. The company reported $0.97 earnings per share for the quarter, beating the consensus estimate of $0.80 by $0.17, Briefing.com reports. The firm had revenue of $736.03 million during the quarter, compared to analyst estimates of $727.20 million. DocuSign had a net margin of 3.81% and a return on equity of 15.44%. The firm’s revenue for the quarter was up 7.0% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.09 earnings per share. DocuSign updated its FY 2025 guidance to EPS and its Q3 2025 guidance to EPS.

DocuSign Stock Performance

Shares of NASDAQ DOCU opened at $59.19 on Friday. DocuSign has a 1 year low of $38.11 and a 1 year high of $64.76. The stock has a fifty day moving average price of $55.44 and a two-hundred day moving average price of $55.86. The firm has a market cap of $12.12 billion, a P/E ratio of 113.83, a PEG ratio of 9.74 and a beta of 0.93.

Insiders Place Their Bets

In other news, CEO Allan C. Thygesen sold 7,911 shares of the firm’s stock in a transaction dated Monday, July 1st. The shares were sold at an average price of $53.77, for a total transaction of $425,374.47. Following the completion of the transaction, the chief executive officer now owns 117,643 shares in the company, valued at approximately $6,325,664.11. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. In related news, Director Daniel D. Springer sold 70,983 shares of DocuSign stock in a transaction on Monday, August 5th. The stock was sold at an average price of $49.84, for a total value of $3,537,792.72. Following the transaction, the director now directly owns 891,373 shares in the company, valued at approximately $44,426,030.32. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Allan C. Thygesen sold 7,911 shares of the company’s stock in a transaction on Monday, July 1st. The shares were sold at an average price of $53.77, for a total value of $425,374.47. Following the sale, the chief executive officer now directly owns 117,643 shares of the company’s stock, valued at $6,325,664.11. The disclosure for this sale can be found here. Over the last three months, insiders have sold 482,418 shares of company stock worth $25,524,100. 1.66% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of analysts have recently weighed in on DOCU shares. Citigroup increased their price target on DocuSign from $86.00 to $87.00 and gave the stock a “buy” rating in a research report on Friday. Needham & Company LLC reissued a “hold” rating on shares of DocuSign in a report on Friday. Royal Bank of Canada increased their price objective on shares of DocuSign from $52.00 to $57.00 and gave the stock a “sector perform” rating in a report on Friday. Bank of America boosted their target price on shares of DocuSign from $60.00 to $68.00 and gave the company a “neutral” rating in a research note on Friday. Finally, JMP Securities reaffirmed a “market outperform” rating and set a $84.00 price target on shares of DocuSign in a report on Thursday. Two research analysts have rated the stock with a sell rating, eight have given a hold rating and two have given a buy rating to the company’s stock. According to MarketBeat, DocuSign presently has an average rating of “Hold” and an average target price of $61.45.

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.