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Added to YB: 2024-02-08

Pitch date: 2024-02-07

DOCU [bullish]

DocuSign, Inc.

-4.86%

current return

Author Info

No bio for this author

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 gain intelligence and automation across the entire agreement lifecycle; 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; and Document Generation streamlines the process of generating new, custom agreements.

Market Cap

$9.6B

Pitch Price

$51.47

Price Target

95.00 (+94%)

Dividend

N/A

EV/EBITDA

24.47

P/E

33.39

EV/Sales

2.77

Sector

Software

Category

turnaround

Show full summary:
DocuSign: Buy Weakness On Failed Buyout

$DOCU rejected buyout, opts for restructuring; growth slowed post-COVID, e-sign demand weak. Typical software deal 7.3x TTM rev=$95 but unrealistic. Expanding TAM to $50B via contract mgmt. $750M FCF, $1.7B cash. Buy on dip to $40s, bank on recovery & market expansion.

Read full article (4 min)