DocuSign (DOCU) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
In the closing of the recent trading day, DocuSign (DOCU) stood at $68.85, denoting a -1.15% move from the preceding trading day.
In the latest trading session, DocuSign (DOCU) closed at $70.81, marking a -3.05% move from the previous day.
Recently, Zacks.com users have been paying close attention to DocuSign (DOCU). This makes it worthwhile to examine what the stock has in store.
DocuSign (DOCU) is rated Buy with a $81 price target, offering 14% upside potential and market outperformance over the next 12 months. DOCU trades at a 25% discount to sector median P/E, despite exceptional 83.8% subscription gross margins and consistent double-beat quarters. International revenue growth (13% YoY, now 29% of total) and strong partnerships with major tech firms support a bullish outlook for DOCU.
In the closing of the recent trading day, DocuSign (DOCU) stood at $70.7, denoting a -1.04% move from the preceding trading day.
The latest trading day saw DocuSign (DOCU) settling at $67.12, representing a -1.16% change from its previous close.
Recently, Zacks.com users have been paying close attention to DocuSign (DOCU). This makes it worthwhile to examine what the stock has in store.
DOCU, RDDT and FICO are trading well below their 52-week highs - three tech names poised for potential upside in Q4.
Docusign's deep ties with Microsoft and Salesforce, rising cash flow and steady growth outlook signal a potential rebound ahead.
DocuSign's AI-powered Intelligent Agreement Management platform is redefining how enterprises create, manage and execute digital agreements.
DocuSign continues to demonstrate robust growth, maintaining its position as a key player in the digital agreement space. Despite ChatGPT's versatility, DOCU remains focused on mastering its core e-signature and agreement cloud services while integrating Open AI into it's UI. The company trades with a 6.4% free cash flow yield, cheap by almost any standard.