
DocuSign (DOCU) Stock Forecast & Price Target
DocuSign (DOCU) Analyst Ratings
Bulls say
Docusign's Agreement Cloud has demonstrated a positive trajectory with a net revenue retention (NRR) rate of 102%, indicating strong customer satisfaction and loyalty. The substantial increase in average overall deal size and traction of the Intelligent Automation Management (IAM) solution in the enterprise market further reinforces the company's growth potential. Additionally, more than 50% of enterprise account representatives successfully closed IAM deals, highlighting effective sales strategies and the ongoing demand for Docusign's offerings.
Bears say
DocuSign's outlook is negatively impacted by repeated reductions in billings guidance for FY23, highlighting its failure to meet prior revenue expectations and indicating a slowdown in growth following the pandemic-driven surge. Additionally, the company continues to express concerns regarding its exposure to key markets such as mortgages and loans, which adds to the uncertainty of future performance. With heightened competition from established players and potential pricing pressures, the prospects for platform expansion appear limited, further undermining confidence in DocuSign's financial stability.
This aggregate rating is based on analysts' research of DocuSign and is not a guaranteed prediction by Public.com or investment advice.
DocuSign (DOCU) Analyst Forecast & Price Prediction
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