What is Zacks Research’s Forecast for Docusign Q3 Earnings?

Docusign Inc. (NASDAQ:DOCU) – Analysts at Zacks Research raised their Q3 2027 EPS estimates for shares of Docusign in a research report issued to clients and investors on Thursday, September 24th. Zacks Research analyst Team now forecasts that the company will post earnings of $0.43 per share for the quarter, up from their prior estimate of $0.41. The consensus estimate for Docusign’s current full-year earnings is $2.10 per share.

Several other research analysts also recently weighed in on the company. Robert W. Baird increased their price target on Docusign from $55.00 to $72.00 and gave the stock a “neutral” rating in a research note on Friday, September 4th. Citizens Jmp restated a “market outperform” rating and issued a $86.00 price objective on shares of Docusign in a research note on Friday, September 4th. Piper Sandler upped their price objective on shares of Docusign from $52.00 to $75.00 and gave the company a “neutral” rating in a report on Friday, September 4th. UBS Group increased their target price on shares of Docusign from $54.00 to $70.00 and gave the stock a “neutral” rating in a research report on Friday, September 4th. Finally, Wall Street Zen downgraded shares of Docusign from a “strong-buy” rating to a “buy” rating in a research note on Sunday, August 2nd. Three equities research analysts have rated the stock with a Buy rating, fourteen have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $67.33.

Docusign Price Performance

Shares of DOCU opened at $66.98 on Monday. The firm has a market cap of $12.52 billion, a PE ratio of 40.84, a PEG ratio of 2.54 and a beta of 0.90. The stock’s fifty day moving average price is $61.99 and its two-hundred day moving average price is $52.43. Docusign has a 1 year low of $40.16 and a 1 year high of $82.44.

Docusign (NASDAQ:DOCU) last posted its quarterly earnings data on Thursday, September 3rd. The company reported $1.16 EPS for the quarter, beating the consensus estimate of $1.09 by $0.07. Docusign had a return on equity of 18.29% and a net margin of 9.82%.The business had revenue of $875.75 million for the quarter, compared to the consensus estimate of $867.22 million. During the same quarter in the prior year, the business earned $0.30 earnings per share. Docusign’s revenue for the quarter was up 9.4% on a year-over-year basis.

Insider Transactions at Docusign

In related news, insider Robert Chatwani sold 14,676 shares of the business’s stock in a transaction on Thursday, September 17th. The stock was sold at an average price of $69.41, for a total transaction of $1,018,661.16. Following the sale, the insider directly owned 75,928 shares in the company, valued at approximately $5,270,162.48. The trade was a 16.20% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Peter Solvik sold 46,000 shares of the stock in a transaction dated Thursday, September 10th. The stock was sold at an average price of $65.24, for a total value of $3,001,040.00. Following the sale, the director directly owned 49,558 shares in the company, valued at $3,233,163.92. This trade represents a 48.14% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders sold 182,568 shares of company stock valued at $10,892,550. 0.59% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Docusign

Hedge funds and other institutional investors have recently modified their holdings of the stock. Modus Advisors LLC bought a new position in shares of Docusign in the fourth quarter valued at approximately $27,000. Harbour Investments Inc. increased its holdings in Docusign by 56.6% during the 4th quarter. Harbour Investments Inc. now owns 797 shares of the company’s stock worth $55,000 after acquiring an additional 288 shares during the period. WealthCollab LLC lifted its stake in Docusign by 372.4% in the 1st quarter. WealthCollab LLC now owns 855 shares of the company’s stock worth $41,000 after purchasing an additional 674 shares in the last quarter. Virtus Advisers LLC purchased a new stake in Docusign in the 2nd quarter worth approximately $47,000. Finally, Rakuten Securities Inc. bought a new position in Docusign in the 2nd quarter valued at $49,000. 77.64% of the stock is currently owned by institutional investors.

Docusign Company Profile

DocuSign, Inc is a provider of digital agreement management and electronic signature solutions. Its platform enables individuals and organizations to prepare, send, sign, manage and store agreements electronically, helping businesses replace paper-based contracting processes with digital workflows.

The company’s products and services include DocuSign eSignature, which supports electronic signing and authentication, as well as tools for contract lifecycle management, agreement preparation, identity verification, notarial services and workflow automation.