Recent Research Analysts’ Ratings Changes for DocuSign (DOCU)

A number of firms have modified their ratings and price targets on shares of DocuSign (NASDAQ: DOCU) recently:

• 3/14/2025 – DocuSign had its price target raised by analysts at Wells Fargo & Company from $70.00 to $73.00. They now have an “underweight” rating on the stock.
• 3/14/2025 – DocuSign had its “sector perform” rating reaffirmed by analysts at Royal Bank of Canada. They now have a $90.00 price target on the stock.
• 3/14/2025 – DocuSign had its price target lowered by analysts at UBS Group AG from $100.00 to $90.00. They now have a “neutral” rating on the stock.
• 3/14/2025 – DocuSign had its “neutral” rating reaffirmed by analysts at Wedbush. They now have a $100.00 price target on the stock.
• 3/14/2025 – DocuSign had its price target lowered by analysts at Bank of America Co. from $112.00 to $98.00. They now have a “neutral” rating on the stock.
• 3/14/2025 – DocuSign had its “hold” rating reaffirmed by analysts at Needham & Company LLC.
• 3/14/2025 – DocuSign had its price target raised by analysts at Citigroup Inc. from $113.00 to $115.00. They now have a “buy” rating on the stock.
• 3/10/2025 – DocuSign was upgraded by analysts at JPMorgan Chase & Co. from an “underweight” rating to a “neutral” rating. They now have a $75.00 price target on the stock, up previously from $70.00.
• 3/6/2025 – DocuSign had its “buy” rating reaffirmed by analysts at Citigroup Inc..
• 2/4/2025 – DocuSign had its “hold” rating reaffirmed by analysts at Needham & Company LLC.

DocuSign Stock Performance

Shares of NASDAQ:DOCU opened at $85.76 on Monday. DocuSign, Inc. has a 52 week low of $48.70 and a 52 week high of $107.86. The company has a market capitalization of $17.33 billion, a PE ratio of 17.68, a PEG ratio of 6.94 and a beta of 1.02. The company has a 50 day moving average price of $87.97 and a two-hundred day moving average price of $79.52.

DocuSign (NASDAQ:DOCU) last released its quarterly earnings results on Thursday, March 13th. The company reported $0.86 earnings per share for the quarter, beating the consensus estimate of $0.84 by $0.02. The company had revenue of $776.25 million during the quarter, compared to analysts’ expectations of $760.94 million. DocuSign had a net margin of 34.73% and a return on equity of 14.90%. The business’s quarterly revenue was up 9.0% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.76 earnings per share. On average, sell-side analysts forecast that DocuSign, Inc. will post 1.17 earnings per share for the current year.

Insider Activity

In related news, insider James P. Shaughnessy sold 7,500 shares of the stock in a transaction on Thursday, January 2nd. The shares were sold at an average price of $90.17, for a total transaction of $676,275.00. Following the completion of the transaction, the insider now owns 43,781 shares in the company, valued at approximately $3,947,732.77. This represents a 14.63 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CFO Blake Jeffrey Grayson sold 8,000 shares of the stock in a transaction on Friday, February 14th. The stock was sold at an average price of $86.90, for a total transaction of $695,200.00. Following the transaction, the chief financial officer now owns 77,851 shares of the company’s stock, valued at $6,765,251.90. The trade was a 9.32 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 95,888 shares of company stock worth $8,856,718 over the last quarter. 1.66% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in the business. FMR LLC boosted its holdings in DocuSign by 178.2% during the fourth quarter. FMR LLC now owns 6,101,024 shares of the company’s stock worth $548,726,000 after purchasing an additional 3,908,139 shares during the last quarter. State Street Corp boosted its holdings in DocuSign by 2.3% during the third quarter. State Street Corp now owns 5,372,939 shares of the company’s stock worth $333,604,000 after purchasing an additional 120,743 shares during the last quarter. American Century Companies Inc. boosted its holdings in DocuSign by 18.5% during the fourth quarter. American Century Companies Inc. now owns 5,315,459 shares of the company’s stock worth $478,072,000 after purchasing an additional 831,611 shares during the last quarter. Jericho Capital Asset Management L.P. boosted its holdings in DocuSign by 34.0% during the fourth quarter. Jericho Capital Asset Management L.P. now owns 4,754,753 shares of the company’s stock worth $427,642,000 after purchasing an additional 1,205,500 shares during the last quarter. Finally, Renaissance Technologies LLC boosted its holdings in DocuSign by 4.9% during the fourth quarter. Renaissance Technologies LLC now owns 4,363,292 shares of the company’s stock worth $392,434,000 after purchasing an additional 205,304 shares during the last quarter. Institutional investors and hedge funds own 77.64% of the company’s stock.

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.