DocuSign (DOCU) Stock Dropped 25% on Below Expected Q4 Guidance; Q3 EPS Beat Estimates

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Needham & Company Downgrades Docusign Inc. (DOCU) to Hold

December 3, 2021 8:46 AM EST

Needham & Company analyst Scott Berg downgraded Docusign Inc. (NASDAQ: DOCU) from Buy to Hold following results.

The analyst commented, "DOCU's 3QF22 is a good reminder that even outstanding companies take their proverbial eye off the sales ball, but we have found fixing these... More

Wedbush Downgrades Docusign Inc. (DOCU) to Neutral

December 3, 2021 6:35 AM EST

Wedbush analyst Daniel Ives downgraded Docusign Inc. (NASDAQ: DOCU) from Outperform to Neutral with a price target of $200.00 (from $340.00).

The analyst commented, "We are downgrading shares of DOCU from OUTPERFORM to NEUTRAL and lowering our price target to $200 (from $340). Last... More

DocuSign Inc. (DOCU) sinks 22.6% following results and guidance below the street

December 2, 2021 4:28 PM EST

DocuSign Inc. (NASDAQ: DOCU) sinks 22.6% following results and guidance below the street.

... More

DocuSign Inc. (DOCU) Tops Q3 EPS by 12c; Guides Q4 Revenue Below Street

December 2, 2021 4:06 PM EST

DocuSign Inc. (NASDAQ: DOCU) reported Q3 EPS of $0.58, $0.12 better than the analyst estimate of $0.46. Revenue for the quarter came in at $545.5 million versus the consensus estimate of $530.63 million.

GUIDANCE:

DocuSign Inc. sees Q4 2022 revenue of $557-563 million, versus the consensus of... More