Added to YB: 2026-03-25
Pitch date: 2026-01-26
LAW [bullish]
CS Disco, Inc.
-40.87%
current return
Author Info
No bio for this author
Company Info
CS Disco, Inc. provides cloud-native and artificial intelligence-powered legal products for legal hold, legal request, ediscovery, legal document review, and case management in the United States and internationally.
Market Cap
$259.6M
Pitch Price
$6.68
Price Target
12.00 (+184%)
Dividend
N/A
EV/EBITDA
-4.38
P/E
-5.70
EV/Sales
0.97
Sector
Software
Category
turnaround
CS Disco, Inc. - $LAW
LAW: Cloud-native e-discovery leader w/ 75% gross margins, best product vs legacy competitors. New CEO Eric Friedrichsen driving turnaround after founder scandal; 10-30x expansion potential in largest clients via wallet share gains. Q3 software rev +17%, adj EBITDA near breakeven vs guide of 4Q26. Model 12-22% growth '26-'29, 12% EBITDA margin by '29. 2.5x EV/rev (21x EV/EBITDA) = $12 PT, 85% upside, 23% IRR. Legaltech M&A pickup; VCs own 48%. Risk: usage-based model (65% rev) less predictable than SaaS.
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