Professional
Added to YB: 2024-06-14
Pitch date: 2024-06-07
DOCU [bullish]
DocuSign, Inc.
+37.62%
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
$51.67
Price Target
65.00 (-9%)
Dividend
N/A
EV/EBITDA
39.97
P/E
50.81
EV/Sales
4.17
Sector
Software
Category
growth
DocuSign, Inc.: Results and Guidance Mostly as Expected, With Hints of Improving Trends
DOCU: Solid FQ1 results, rev & margins slightly beat. Launched new Intelligent Agreement Mgmt platform, impact seen in 2+ years. $65 FV maintained on stabilizing trends: intl +17%, NRR to 99% from 98%, billings +5%, customers +11%. Profitability focus w/ 28.5% non-GAAP op margin. $1B buyback + valuation increasingly attractive.
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