DocuSignDOCU
About: Docusign offers Agreement Cloud, a broad cloud-based software suite that enables users to automate the agreement process and provide legally binding e-signatures from nearly any device. The company was founded in 2003 and completed its initial public offering in May 2018.
Employees: 6,840
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
33% more first-time investments, than exits
New positions opened: 109 | Existing positions closed: 82
25% more call options, than puts
Call options by funds: $383M | Put options by funds: $308M
14% more capital invested
Capital invested by funds: $8.71B [Q2] → $9.95B (+$1.23B) [Q3]
4% more funds holding
Funds holding: 646 [Q2] → 673 (+27) [Q3]
0.46% less ownership
Funds ownership: 79.63% [Q2] → 79.17% (-0.46%) [Q3]
12% less repeat investments, than reductions
Existing positions increased: 213 | Existing positions reduced: 242
17% less funds holding in top 10
Funds holding in top 10: 6 [Q2] → 5 (-1) [Q3]
Research analyst outlook
10 Wall Street Analysts provided 1 year price targets over the past 3 months
10 analyst ratings
Citigroup Tyler Radke 68% 1-year accuracy 42 / 62 met price target | 20%upside $113 | Buy Maintained | 6 Dec 2024 |
Morgan Stanley Josh Baer 73% 1-year accuracy 11 / 15 met price target | 3%upside $97 | Equal-Weight Maintained | 6 Dec 2024 |
UBS Karl Keirstead 82% 1-year accuracy 14 / 17 met price target | 6%upside $100 | Neutral Maintained | 6 Dec 2024 |
RBC Capital Rishi Jaluria 56% 1-year accuracy 43 / 77 met price target | 5%downside $90 | Sector Perform Reiterated | 6 Dec 2024 |
Wells Fargo Michael Turrin 59% 1-year accuracy 48 / 82 met price target | 26%downside $70 | Underweight Maintained | 6 Dec 2024 |
Financial journalist opinion
Based on 30 articles about DOCU published over the past 30 days