Docusign (NASDAQ:DOCU) Price Target Cut to $60.00 by Analysts at Wells Fargo & Company

Docusign (NASDAQ:DOCU) had its target price reduced by investment analysts at Wells Fargo & Company from $75.00 to $60.00 in a research note issued to investors on Wednesday,Benzinga reports. The brokerage currently has an “equal weight” rating on the stock. Wells Fargo & Company‘s price objective would indicate a potential upside of 26.21% from the company’s current price.

A number of other research firms have also recently weighed in on DOCU. HSBC set a $53.00 price objective on Docusign in a research report on Friday, February 13th. Zacks Research downgraded Docusign from a “strong-buy” rating to a “hold” rating in a report on Monday, November 24th. Cantor Fitzgerald reiterated an “outperform” rating on shares of Docusign in a research report on Wednesday, December 17th. BTIG Research reissued a “buy” rating and issued a $70.00 price objective on shares of Docusign in a research note on Wednesday. Finally, Bank of America reduced their target price on shares of Docusign from $102.00 to $82.00 and set a “neutral” rating for the company in a research note on Friday, December 5th. Five analysts have rated the stock with a Buy rating and sixteen have given a Hold rating to the company’s stock. According to MarketBeat, Docusign presently has a consensus rating of “Hold” and a consensus price target of $73.93.

Docusign Stock Performance

Shares of NASDAQ:DOCU opened at $47.54 on Wednesday. The company has a 50-day simple moving average of $51.11 and a 200-day simple moving average of $64.46. Docusign has a one year low of $40.16 and a one year high of $94.67. The stock has a market capitalization of $9.52 billion, a price-to-earnings ratio of 33.24, a PEG ratio of 2.04 and a beta of 1.03.

Docusign (NASDAQ:DOCU) last released its quarterly earnings results on Tuesday, March 17th. The company reported $1.01 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.95 by $0.06. The firm had revenue of $836.86 million for the quarter, compared to analyst estimates of $828.23 million. Docusign had a return on equity of 15.02% and a net margin of 9.57%.The business’s revenue was up 7.8% on a year-over-year basis. During the same quarter last year, the company posted $0.86 earnings per share. As a group, research analysts forecast that Docusign will post 1.17 EPS for the current fiscal year.

Insiders Place Their Bets

In other news, CFO Blake Jeffrey Grayson sold 6,500 shares of the business’s stock in a transaction that occurred on Friday, January 9th. The stock was sold at an average price of $70.00, for a total transaction of $455,000.00. Following the sale, the chief financial officer owned 111,713 shares of the company’s stock, valued at $7,819,910. The trade was a 5.50% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Allan C. Thygesen sold 26,250 shares of the business’s stock in a transaction on Friday, January 9th. The stock was sold at an average price of $69.60, for a total value of $1,827,000.00. Following the sale, the chief executive officer owned 142,261 shares in the company, valued at approximately $9,901,365.60. The trade was a 15.58% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 51,477 shares of company stock worth $3,521,607 in the last ninety days. 1.66% of the stock is owned by insiders.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of the business. Rockefeller Capital Management L.P. increased its position in Docusign by 11.6% during the fourth quarter. Rockefeller Capital Management L.P. now owns 238,114 shares of the company’s stock worth $16,287,000 after buying an additional 24,842 shares in the last quarter. Corient Private Wealth LLC raised its holdings in Docusign by 2.5% in the fourth quarter. Corient Private Wealth LLC now owns 29,608 shares of the company’s stock valued at $2,026,000 after buying an additional 732 shares during the period. Kera Capital Partners Inc. increased its holdings in Docusign by 347.8% in the 4th quarter. Kera Capital Partners Inc. now owns 16,556 shares of the company’s stock valued at $1,132,000 after purchasing an additional 12,859 shares in the last quarter. Alberta Investment Management Corp raised its holdings in shares of Docusign by 490.2% during the 4th quarter. Alberta Investment Management Corp now owns 72,000 shares of the company’s stock valued at $4,925,000 after buying an additional 59,800 shares during the period. Finally, Mercer Global Advisors Inc. ADV raised its stake in shares of Docusign by 32.9% during the fourth quarter. Mercer Global Advisors Inc. ADV now owns 65,594 shares of the company’s stock valued at $4,487,000 after purchasing an additional 16,250 shares during the period. 77.64% of the stock is owned by hedge funds and other institutional investors.

Trending Headlines about Docusign

Here are the key news stories impacting Docusign this week:

• Positive Sentiment: Q4 results beat and upbeat guidance — DocuSign reported $1.01 adjusted EPS vs. $0.95 est. and $836.9M revenue (7.8% YoY); guidance and commentary around Intelligent Agreement Management were constructive for growth expectations. Press Release
• Positive Sentiment: $2.0 billion boost to share repurchase program — management expanded the buyback, a direct capital‑return lever that reduces share count and supports EPS. Press Release
• Positive Sentiment: Product/AI momentum and IAM strategy — DocuSign is pushing IAM and AI partnerships, targeting ~18% IAM ARR share for FY27, which supports upsell, enterprise integration and longer customer lifetime value. Seeking Alpha — IAM/AI
• Positive Sentiment: Analyst support — BTIG reaffirmed a Buy and set a $70 price target, signaling material upside from current levels and giving investors third‑party validation of the recovery case. Benzinga — BTIG
• Neutral Sentiment: Investor materials and transcript available — management’s earnings slide deck and call transcript provide detail on billings, margins and the path to higher pro‑forma operating margins (helps model refinement but not an immediate catalyst). Earnings Transcript
• Neutral Sentiment: Board/Governance update — appointment of an AI‑focused independent director is a governance positive but is a longer‑term signal rather than a near‑term stock driver. Yahoo — Board/ Bull Case
• Negative Sentiment: Valuation and growth skepticism — some analysts trimmed fair‑value estimates and caution that competition, pricing tests and slowing growth could limit upside, keeping multiples under pressure. Yahoo — Valuation
• Negative Sentiment: Bearish risk calls — commentary warning of downside risk after recent declines highlights that sentiment and momentum can still drive volatility despite the beat. Invezz — Bearish Risk

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.