Professional
Added to YB: 2024-09-18
Pitch date: 2024-09-06
DOCU [bullish]
DocuSign, Inc.
+21.31%
current return
Author Info
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Company Info
DocuSign, Inc. provides electronic signature solution in the United States and internationally. The company offers AI-powered intelligent agreement management (IAM) platform to optimize the agreement management process and provides e-signature solution that enables sending and signing of agreements on various devices; Contract Lifecycle Management (CLM), which automates workflows across the entire agreement process; Document Generation streamlines the process of generating new, custom agreements; and Gen for Salesforce for automated agreement generation within Salesforce.
Market Cap
$13.6B
Pitch Price
$58.62
Price Target
70.00 (-2%)
Dividend
N/A
EV/EBITDA
39.97
P/E
50.81
EV/Sales
4.17
Sector
Software
Category
growth
DocuSign, Inc.: Positive Indications Continue in Results, Metrics, and With IAM
DOCU: FVE raised to $70 on strong Q2, IAM success. Rev +7% YoY, billings +2%. NDR stable at 99%. Non-GAAP op margin 32.2%. E-sig leader, $50B TAM. Bulls: market leader, compelling sales pitch. Bears: limited history, feature vs solution risk, competition. No moat due to e-sig focus. High uncertainty rating.
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