DocuSign (DOCU) Beats Q2 and Outlook Views, Analysts Positive and Raise Numbers

Docusign Inc. (DOCU) PT Raised to $340 at FBN Securities

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.

Docusign Inc. (DOCU) PT Raised to $350 at Morgan Stanley

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

Docusign Inc. (DOCU) PT Raised to $345 at RBC Capital

RBC Capital analyst Rishi Jaluria raised the price target on Docusign Inc. (NASDAQ: DOCU) to $345.00 (from $280.00) while maintaining a Outperform rating.... More

Docusign Inc. (DOCU) PT Raised to $350 at UBS

UBS analyst Karl Keirstead raised the price target on Docusign Inc. (NASDAQ: DOCU) to $350.00 (from $340.00) while maintaining a Buy rating.... More

Docusign Inc. (DOCU) PT Raised to $340 at Needham & Company

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

UPDATE: Docusign Inc. (DOCU) PT Raised 44% to $360 as BofA Securities sees New Revenue Sources

(Updated - September 3, 2021 8:28 AM EDT)

BofA Securities analyst Kash Rangan raised the price target on Docusign Inc. (NASDAQ: DOCU) to $360.00 (from $250.00) after the company reported significant upside to both revenue and billings. Total revenue of $511.8mn (+50% y/y) easily exceeded expectations... More

Docusign Inc. (DOCU) PT Raised to $389 at Citi

Citi analyst Tyler Radke raised the price target on Docusign Inc. (NASDAQ: DOCU) to $389.00 (from $386.00) while maintaining a Buy rating.... More

Docusign Inc. (DOCU) PT Raised to $310 at Oppenheimer

Oppenheimer analyst Koji Ikeda raised the price target on Docusign Inc. (NASDAQ: DOCU) to $310.00 (from $260.00) while maintaining a Outperform rating.... More

Docusign Inc. (DOCU) PT Raised to $320 at JMP Securities

JMP Securities analyst Patrick Walravens raised the price target on Docusign Inc. (NASDAQ: DOCU) to $320.00 (from $310.00) while maintaining a Market Outperform rating.... More

DocuSign (DOCU) Shares Fall Despite Beat and Raise Q2

DocuSign Inc. (NASDAQ: DOCU) reported Q2 results, with EPS of $0.47 and revenue of $511.8 million, both beating the consensus estimates of $0.40 and $487.5 million, respectively.

Total revenue grew 50% year-over-year, with subscription revenue coming in at $492.8 million, representing 52% growth year-over-year.

Billings were $595.4 million, an increase of... More

DocuSign Inc. (DOCU) Tops Q2 EPS by 7c; Guides

DocuSign Inc. (NASDAQ: DOCU) reported Q2 EPS of $0.47, $0.07 better than the analyst estimate of $0.40. Revenue for the quarter came in at $511.8 million versus the consensus estimate of $487.5 million.

GUIDANCE:

DocuSign Inc. sees Q3 2022 revenue of $526-532 million, versus the consensus of... More