DocuSign Inc. (DOCU) Tops Q2 EPS by 7c; Guides
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September 3, 2021 12:45 PM EDT
FBN Securities analyst Shebly Seyrafi raised the price target on Docusign Inc. (NASDAQ: DOCU) to $340.00 (from $280.00) while maintaining a Outperform rating.
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September 3, 2021 8:00 AM EDT
Morgan Stanley analyst Stan Zlotsky raised the price target on Docusign Inc. (NASDAQ: DOCU) to $350.00 (from $295.00) while maintaining an Overweight rating.
The analyst commented, "DocuSign reported 45% billings growth at $2B revenue scale and crossed the 1M customer threshold, while delivering 32% FCF margin an impressive... More
September 3, 2021 7:11 AM EDT
DocuSign (NASDAQ: DOCU) reported better-than-expected Q2 results and guidance.
DOCU reported Q2 EPS of $0.47 to top the analyst estimate of $0.40. Revenue for the quarter came in at $511.8 million versus the consensus estimate of $487.5 million.
"I'm proud of how our team has continued to stay in front of the evolving COVID business environment, helping our over one million customers and over one billion users move forward. This has driven strong performance for our business, reflected in our 50% year-over-year Q2 revenue growth," said Dan Springer,... More
September 3, 2021 6:23 AM EDT
Needham & Company analyst Scott Berg raised the price target on Docusign Inc. (NASDAQ: DOCU) to $340.00 (from $275.00) while maintaining a Buy rating.
The analyst commented, "Docusign reported another strong quarter in 2QF22 with typical DOCU upside to revenue and profitability. Sales metrics... More
