Docusign Inc. (NASDAQ:DOCU) Receives $60.27 Consensus PT from Analysts

Shares of Docusign Inc. (NASDAQ:DOCU) have received a consensus rating of “Hold” from the nineteen brokerages that are covering the company, MarketBeat Ratings reports. One research analyst has rated the stock with a sell rating, fifteen have issued a hold rating and three have given a buy rating to the company. The average 12-month price target among brokerages that have updated their coverage on the stock in the last year is $60.2667.

DOCU has been the subject of several recent analyst reports. Citizens Jmp lowered their target price on shares of Docusign from $124.00 to $86.00 and set a “market outperform” rating for the company in a research note on Wednesday, March 18th. BTIG Research lowered their target price on shares of Docusign from $70.00 to $60.00 and set a “buy” rating for the company in a research note on Friday, June 5th. Morgan Stanley lowered their target price on shares of Docusign from $90.00 to $69.00 and set an “equal weight” rating for the company in a research note on Wednesday, March 18th. Wall Street Zen raised shares of Docusign from a “buy” rating to a “strong-buy” rating in a research note on Saturday, June 13th. Finally, Needham & Company LLC reissued a “hold” rating on shares of Docusign in a research report on Friday, June 5th.

Docusign Stock Performance

Shares of NASDAQ:DOCU opened at $42.67 on Friday. Docusign has a 52 week low of $40.16 and a 52 week high of $86.65. The company has a market capitalization of $8.15 billion, a PE ratio of 27.71, a PEG ratio of 1.29 and a beta of 0.92. The company has a 50 day moving average price of $47.11 and a two-hundred day moving average price of $52.12.

Docusign (NASDAQ:DOCU) last issued its earnings results on Thursday, June 4th. The company reported $1.09 EPS for the quarter, beating the consensus estimate of $0.99 by $0.10. Docusign had a net margin of 9.59% and a return on equity of 17.48%. The firm had revenue of $830.24 million during the quarter, compared to the consensus estimate of $824.71 million. During the same quarter in the prior year, the firm earned $0.90 earnings per share. The business’s quarterly revenue was up 8.7% on a year-over-year basis. On average, sell-side analysts forecast that Docusign will post 1.97 earnings per share for the current year.

Docusign announced that its Board of Directors has initiated a stock buyback program on Tuesday, March 17th that authorizes the company to buyback $2.00 billion in shares. This buyback authorization authorizes the company to buy up to 21% of its shares through open market purchases. Shares buyback programs are usually a sign that the company’s leadership believes its shares are undervalued.

Insider Activity at Docusign

In other news, Director Mary Agnes Wilderotter sold 3,000 shares of the stock in a transaction on Wednesday, April 1st. The shares were sold at an average price of $48.15, for a total transaction of $144,450.00. Following the completion of the sale, the director owned 59,803 shares of the company’s stock, valued at $2,879,514.45. This represents a 4.78% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Allan C. Thygesen sold 26,250 shares of the stock in a transaction on Wednesday, April 1st. The stock was sold at an average price of $47.78, for a total transaction of $1,254,225.00. Following the sale, the chief executive officer directly owned 152,237 shares of the company’s stock, valued at $7,273,883.86. This represents a 14.71% decrease in their position. 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. Insiders have sold 64,695 shares of company stock valued at $3,006,682 over the last three months. Insiders own 0.59% of the company’s stock.

Institutional Investors Weigh In On Docusign

Several large investors have recently made changes to their positions in the stock. Norges Bank bought a new position in Docusign in the fourth quarter valued at $186,795,000. Arrowstreet Capital Limited Partnership grew its position in Docusign by 76.1% in the first quarter. Arrowstreet Capital Limited Partnership now owns 5,285,128 shares of the company’s stock valued at $250,568,000 after purchasing an additional 2,283,996 shares in the last quarter. Capital World Investors grew its position in Docusign by 38.1% in the fourth quarter. Capital World Investors now owns 5,815,804 shares of the company’s stock valued at $397,801,000 after purchasing an additional 1,603,900 shares in the last quarter. SG Americas Securities LLC grew its position in Docusign by 452.3% in the first quarter. SG Americas Securities LLC now owns 1,314,632 shares of the company’s stock valued at $62,327,000 after purchasing an additional 1,076,622 shares in the last quarter. Finally, Woodline Partners LP grew its position in Docusign by 24,412.7% in the third quarter. Woodline Partners LP now owns 958,938 shares of the company’s stock valued at $69,130,000 after purchasing an additional 955,026 shares in the last quarter. Institutional investors own 77.64% of the company’s stock.

Key Stories Impacting Docusign

Here are the key news stories impacting Docusign this week:

• Positive Sentiment: DocuSign is getting a boost from strong eSignature demand, subscription revenue growth, and international expansion, which supports the company’s long-term growth story. Subscription Revenues & Partnerships Aid Docusign Amid Low Liquidity
• Positive Sentiment: The company announced an integration with OpenAI aimed at streamlining agreement management, a potentially helpful product and AI-related catalyst. DocuSign integrates with OpenAI to streamline agreement management
• Positive Sentiment: DocuSign was also named to TIME’s list of the World’s Most Sustainable Companies 2026, which may support its brand with ESG-focused investors. Docusign named to TIME’s List of the World’s Most Sustainable Companies 2026
• Neutral Sentiment: A stock-bullish article highlighted DocuSign as one of Wall Street’s favorite names, but it appears to be opinion-based rather than new company-specific news. 1 of Wall Street’s Favorite Stocks Worth Your Attention and 2 We Brush Off
• Negative Sentiment: Insider Robert Chatwani sold 15,902 shares in a transaction worth about $684,000, which can weigh on sentiment even though it was made under a pre-arranged trading plan. Docusign (NASDAQ:DOCU) Insider Sells $683,945.02 in Stock
• Negative Sentiment: Another report noted pricing pressure and weak liquidity, suggesting some investors remain cautious despite the growth narrative. Subscription Revenues & Partnerships Aid Docusign Amid Low Liquidity

About Docusign

DocuSign, Inc (NASDAQ: DOCU) is a leading provider of electronic signature and digital transaction management solutions. The company’s flagship offering, DocuSign eSignature, enables organizations to send, sign and manage legally binding electronic agreements securely in the cloud. Beyond eSignature, DocuSign’s Agreement Cloud combines contract lifecycle management, document generation, and workflow automation to streamline agreement processes from initiation through execution and storage.

DocuSign’s platform serves a diverse customer base spanning industries such as finance, real estate, healthcare, technology, and government.