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

Shares of Docusign Inc. (NASDAQ:DOCU) have received an average recommendation of “Hold” from the nineteen ratings firms that are currently covering the company, MarketBeat.com reports. One analyst has rated the stock with a sell rating, fifteen have assigned a hold rating and three have given a buy rating to the company. The average twelve-month target price among brokers that have issued a report on the stock in the last year is $67.3333.

A number of research firms have recently weighed in on DOCU. Needham & Company LLC reaffirmed a “hold” rating on shares of Docusign in a research report on Friday. Bank of America boosted their price target on Docusign from $58.00 to $64.00 and gave the stock an “underperform” rating in a research note on Friday. BTIG Research increased their price target on Docusign from $60.00 to $75.00 and gave the company a “buy” rating in a report on Wednesday. Wall Street Zen cut Docusign from a “strong-buy” rating to a “buy” rating in a research report on Sunday, August 2nd. Finally, Jefferies Financial Group increased their target price on Docusign from $45.00 to $50.00 and gave the company a “hold” rating in a report on Friday, June 5th.

Insiders Place Their Bets

In other news, CRO Paula Hansen sold 6,000 shares of the stock in a transaction on Wednesday, July 1st. The shares were sold at an average price of $45.54, for a total value of $273,240.00. Following the completion of the sale, the executive directly owned 89,972 shares of the company’s stock, valued at $4,097,324.88. This represents a 6.25% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Allan Thygesen sold 26,250 shares of Docusign stock in a transaction on Wednesday, July 1st. The shares were sold at an average price of $46.02, for a total transaction of $1,208,025.00. Following the transaction, the chief executive officer owned 159,038 shares in the company, valued at approximately $7,318,928.76. This trade represents a 14.17% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders sold 90,602 shares of company stock valued at $4,323,749. Insiders own 0.59% of the company’s stock.

Institutional Trading of Docusign

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. BlackRock Inc. purchased a new stake in Docusign during the 2nd quarter valued at approximately $927,059,000. California State Teachers Retirement System raised its position in shares of Docusign by 4,016.6% during the second quarter. California State Teachers Retirement System now owns 9,960,652 shares of the company’s stock valued at $442,452,000 after buying an additional 9,718,686 shares during the last quarter. Norges Bank purchased a new position in shares of Docusign in the fourth quarter worth $186,795,000. Arrowstreet Capital Limited Partnership lifted its holdings in shares of Docusign by 76.1% in the first quarter. Arrowstreet Capital Limited Partnership now owns 5,285,128 shares of the company’s stock worth $250,568,000 after buying an additional 2,283,996 shares in the last quarter. Finally, Capital World Investors boosted its position in shares of Docusign by 38.1% during the fourth quarter. Capital World Investors now owns 5,815,804 shares of the company’s stock worth $397,801,000 after acquiring an additional 1,603,900 shares during the last quarter. 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: Quarterly results exceeded expectations. DocuSign reported revenue of $875.7 million, up 9.4% year over year and ahead of the $867.2 million consensus estimate. Adjusted earnings of $1.16 per share also surpassed expectations of approximately $1.08-$1.09. DocuSign Announces Second Quarter Fiscal 2027 Financial Results
• Positive Sentiment: Management raised its fiscal 2027 outlook. The company increased guidance for revenue, annual recurring revenue (ARR) and the percentage of ARR generated by its Intelligent Agreement Management (IAM) platform. Third-quarter revenue guidance of $886 million-$890 million was broadly in line with analyst expectations. DocuSign raises annual forecast as AI-powered contract tools gain traction
• Positive Sentiment: AI and IAM adoption are becoming key growth drivers. New AI-powered contract tools are gaining traction, while stronger retention and IAM momentum suggest DocuSign is broadening its addressable market beyond electronic signatures. CFO Blake Grayson said strengthening partnerships supported the higher ARR forecast.
• Positive Sentiment: DocuSign is opening its Model Context Protocol server to all AI agents globally on September 30. The initiative could make DocuSign’s agreement technology more accessible across agentic enterprise software ecosystems and support future platform usage. DocuSign Agreement Layer for the Agentic Enterprise Coming to Every Agent
• Positive Sentiment: Several analysts raised their price targets following the earnings report, including UBS to $70, BTIG to $75 and Citizens JMP to $86. Morgan Stanley also reportedly increased its target, while technical traders noted a bullish “golden cross.”
• Neutral Sentiment: Analyst opinion remains divided. Bank of America raised its target to $64 but retained an “underperform” rating; UBS maintained “neutral,” and Needham reiterated “hold.” This suggests some analysts view the recent rally as having already priced in much of the improvement.
• Negative Sentiment: The stock reversed some early gains despite the earnings beat. With shares trading well above their 200-day average and at a relatively elevated earnings multiple, investors may be concerned that expectations for AI-driven growth are becoming demanding.

Docusign Trading Up 3.7%

Shares of Docusign stock opened at $68.41 on Wednesday. Docusign has a 12-month low of $40.16 and a 12-month high of $86.65. The company’s fifty day simple moving average is $55.70 and its two-hundred day simple moving average is $49.87. The company has a market cap of $13.06 billion, a P/E ratio of 41.71, a PEG ratio of 2.34 and a beta of 0.90.

Docusign (NASDAQ:DOCU) last released 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. Docusign had a net margin of 9.82% and a return on equity of 17.84%. The company had revenue of $875.75 million during the quarter, compared to the consensus estimate of $867.22 million. During the same period in the prior year, the firm earned $0.30 earnings per share. Docusign’s revenue was up 9.4% on a year-over-year basis. Analysts predict that Docusign will post 2.03 EPS for the current fiscal year.

Docusign Company Profile

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.