DocuSign (DOCU) Falls 5% Despite a Massive Beat-and-Raise, Premium Valuation Justified Says Analyst
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 10/21/2026
Go back to DocuSign (DOCU) Falls 5% Despite a Massive Beat-and-Raise, Premium Valuation Justified Says Analyst
March 12, 2021 7:59 AM EST
Wells Fargo analyst Michael Turrin reiterated an Equal Weight rating and $230.00 price target on Docusign Inc. (NASDAQ: DOCU) after the company reported revenue up +57% (vs. 53% in FQ3), subscription rev was up +59% (vs. +54%) and billings grew +46%. Growth remains elevated, but quarterly billings upside... More
March 12, 2021 5:31 AM EST
Evercore ISI analyst Kirk Materne upgraded Docusign Inc. (NASDAQ: DOCU) from Underperform to Outperform.
For an analyst ratings summary and ratings history on Docusign Inc. click here. For more ratings news on Docusign Inc. click here.
Shares of Docusign Inc. closed at $214.00 yesterday.
...
More
March 12, 2021 2:54 AM EST
(Updated - March 12, 2021 7:40 AM EST)
Morgan Stanley analyst Stan Zlotsky raised the price target on Docusign Inc. (NASDAQ: DOCU) to $290.00 (from $280.00) after the FY22 billings guide implied 32% growth vs 56% in FY21 suggesting conservatism and opportunity for upside. Billings finished the... More
March 11, 2021 4:07 PM EST
DocuSign Inc. (NASDAQ: DOCU) reported Q4 EPS of $0.37, $0.15 better than the analyst estimate of $0.22. Revenue for the quarter came in at $430.9 million versus the consensus estimate of $407.65 million.
"Fiscal 2021 was a milestone year for DocuSign. We became a pillar of the 'anywhere... More
