On Dec 06, major Wall Street analysts update their ratings for $DocuSign (DOCU.US)$, with price targets ranging from $87 to $124.
Morgan Stanley analyst Josh Baer maintains with a hold rating, and adjusts the target price from $62 to $97.
Citi analyst Tyler Radke maintains with a buy rating, and maintains the target price at $87.
Needham analyst Scott Berg maintains with a hold rating.
RBC Capital analyst Rishi Jaluria maintains with a hold rating, and adjusts the target price from $59 to $90.
William Blair analyst Jake Roberge maintains with a hold rating.
Furthermore, according to the comprehensive report, the opinions of $DocuSign (DOCU.US)$'s main analysts recently are as follows:
DocuSign is following its strategic plan effectively, displaying 'several encouraging trends' that led to strong performance in Q3 and positively surprising Q4 billings forecasts. The primary indicators and company discussions showed either stability or enhancements, and the significant rise in stock value and its current standing in the afterhours indicate that the optimistic future trajectory is already accounted for in the current share prices.
DocuSign showcased a robust quarter following two consecutive quarters of mixed outcomes, marked by a significant billings beat and the CEO expressing confidence in achieving a growth rate exceeding 10%. The company indicated that its core business is stabilizing, and noted a slight improvement in the operational environment, while issues previously attributed to 'deal timing' and challenging macroeconomic conditions were not mentioned.
DocuSign posted a 'very strong' third quarter, notably exceeding expectations and showing accelerating subscription revenue. The company signals various positive growth trends that continue to encourage optimism among investors.
DocuSign exhibited solid gains in FQ3, with improvements noted across revenue, margins, and billings. Notably, the growth rate in subscription revenue accelerated to 8% compared to 7% in the preceding quarter, and the Net Revenue Retention (NRR) also improved to 100%, indicating a potential turnaround from recent declines.
DocuSign's recent financial performance was characterized by a notable increase in both top line and billings growth, propelled by early renewals, stabilization in its core operations, and promising momentum in IAM. Despite significant stock price appreciation since fiscal Q2, it remains appealingly valued in comparison to its industry peers.
Here are the latest investment ratings and price targets for $DocuSign (DOCU.US)$ from 7 analysts:
Note:
TipRanks, an independent third party, provides analysis data from financial analysts and calculates the Average Returns and Success Rates of the analysts' recommendations. The information presented is not an investment recommendation and is intended for informational purposes only.
Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.
TipRanks provides a ranking of each analyst up to 5 stars, which is representative of all recommendations from the analyst. An analyst's past performance is evaluated on a scale of 1 to 5 stars, with more stars indicating better performance. The star level is determined by his/her total success rate and average return.
美東時間12月6日，多家華爾街大行更新了$DocuSign (DOCU.US)$的評級，目標價介於87美元至124美元。
摩根士丹利分析師Josh Baer維持持有評級，並將目標價從62美元上調至97美元。
花旗分析師Tyler Radke維持買入評級，維持目標價87美元。
Needham分析師Scott Berg維持持有評級。
加皇資本市場分析師Rishi Jaluria維持持有評級，並將目標價從59美元上調至90美元。
威廉博萊分析師Jake Roberge維持持有評級。
此外，綜合報道，$DocuSign (DOCU.US)$近期主要分析師觀點如下：
docusign有效地遵循其戰略計劃，顯示出'幾個令人鼓舞的趨勢'，這導致了第三季度的強勁表現，並對第四季度的賬單預測有積極的驚喜。主要因子和公司討論顯示出穩定或改善的趨勢，股票價值的大幅上升以及其在盤後交易中的當前表現表明，樂觀的未來軌跡已經在當前的分享價格中考慮在內。
docusign在經歷連續兩個季度的混合結果後展示了一個強勁的季度，賬單顯著超出預期，CEO表達了對超過10%增長率的信懇智能。公司表示其核心業務正在穩定，並且注意到運營環境略有改善，而之前歸因於'交易時機'和困難的宏觀經濟條件的問題未被提及。
docusign發佈了一個'非常強勁'的第三季度，顯著超出預期，並展示了加速的營業收入。公司傳達了各種積極的增長趨勢，繼續鼓勵投資者的樂觀情緒。
docusign在FQ3中表現出穩固的增長，營業收入、利潤率和賬單都有改善。值得注意的是，訂閱營業收入的增長率加速至8%，相比之下上個季度爲7%，而淨營業收入留存率(NRR)也改善至100%，表明在近期下降後可能出現轉機。
docusign最近的財務表現以顯著的營業收入和賬單增長爲特徵，由提前續約、核心業務的穩定以及在iam中展現的良好勢頭推動。儘管自財政第二季度以來股票價格顯著上漲，與同行相比，它仍然有吸引力的估值。
以下爲今日7位分析師對$DocuSign (DOCU.US)$的最新投資評級及目標價：
提示:
TipRanks為獨立第三方，提供金融分析師的分析數據，並計算分析師推薦的平均回報率和勝率。提供的信息並非投資建議，僅供参考。本文不對評級數據和報告的完整性與準確性做出認可、聲明或保證。
TipRanks提供每位分析師的星級，分析師星級代表分析師所有推薦的過往表現，通過分析師的總勝率和平均回報率综合計算得出，星星越多，則該分析師過往表現越優異，最高爲5颗星。
分析師總勝率為近一年分析師的評級成功次數占總評級次數的比率。評级的成功與否，取決於TipRanks的虚擬投資組合是否從該股票中產生正回報。
總平均回報率為基於分析師的初始評級創建虚擬投資組合，並根據評級變化對組合進行調整，在近一年中該投資組合所獲得的回報率。
