DocuSign (DOCU) Stock Insights
$15.63B
Market Cap
50.83
P/E
18.09
Forward P/E
57
Score
DOCU price $83.60 +1.56 +1.90%
Stocklytics score rationale: value 55, quality 66, growth 50.
| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|---|
| 381459000 | 518504000 | 700969000 | 973971000 | 1453047000 | 2107213000 | 2515915000 | 2761882000 | 2976739000 | 3219500000 |
DocuSign, Inc. is a global provider of electronic signature software, operating both within the United States and internationally. The company's core offering is an e-signature solution that empowers businesses to digitally prepare, execute, finalize, and manage various agreements. Beyond its foundational e-signature service, DocuSign offers an extensive suite of tools for digital agreement management. This includes…
DOCU fair value $146.24. Price $83.60. Price is 43% below fair value.
Below fair value, but more expensive than usual. A smaller discount than on 90% of days in the past 5 years.
Fair value is an estimate of what one share is worth if future cash flows arrive as modeled. It is not a forecast of the share price. How discounted cash flow works.
Calculated with a 10-year free-cash-flow discount. Starting free cash flow 1.20B. Growth 7.10%. When analyst earnings forecasts are available, free cash flow in those years is forecast earnings times the company's usual conversion of earnings into free cash flow, kept between 60% and 130%. Years with fewer than 3 analyst estimates are left out. Growth then fades in a straight line to terminal growth by year 10, starting from the last well-covered year's growth, or from the pace across those years when the final year slows sharply, kept between 0% and 20%. Without those forecasts, year-1 growth is analyst revenue growth for the next full fiscal year, or 5-year historical revenue growth when that forecast is missing, held for five years, then fading in a straight line to terminal growth by year 10. Terminal growth 3.00%. Discount rate 9.05% (beta 0.9). Beta is kept between 0.8 and 2.0, which on its own would make the discount rate 8.7% to 15.3%. The rate is then capped at 12%. A cap is used because a discount above 12% pushes higher-beta stocks further from the price. The discount rate stays at least 5 percentage points above terminal growth. Shares 186.90M. Net debt -417.32M. The earnings value is next-12-months earnings per share, or trailing earnings when that forecast is missing, times the median P/E of the company's industry. That median uses listed stocks worth at least $10 billion with a positive P/E of 100 or below, and the industry needs at least eight of them. Otherwise the sector median is used when that group also has at least eight, then the market median of those large companies. The multiple used is the lower of that median and 1.25 times the stock's own 10-year median P/E, then kept between 8 and 30. If the stock has no 10-year median, the peer median is kept between 8 and 30. Fair value is the average of the cash-flow value and the earnings value when both exist. Card and credit companies use the earnings value only, because changes in customer receivables distort free cash flow. Model uncertainty is high when fair value is more than 60% from the price, or when most of the cash-flow value sits after year 10.
| Date | EPS actual | EPS estimate | Revenue | Revenue estimate |
|---|---|---|---|---|
| 2026-12-03 | — | 1.17 | — | 889.02M |
| 2026-09-03 | 1.16 | 1.09 | 875.75M | 867.22M |
| 2026-06-04 | 1.09 | 0.99 | 830.24M | 824.71M |
| 2026-03-17 | 1.01 | 0.95 | 836.86M | 827.33M |
| 2025-12-04 | 1.01 | 0.92 | 818.35M | 806.12M |
| 2025-09-04 | 0.92 | 0.85 | 800.64M | 780.10M |
| 2025-06-05 | 0.90 | 0.81 | 763.65M | 748.14M |
| 2025-03-13 | 0.86 | 0.85 | 776.25M | 761.15M |
| 2024-12-05 | 0.90 | 0.87 | 754.82M | 745.25M |
| 2024-09-05 | 0.97 | 0.81 | 736.03M | 727.20M |
| 2024-06-06 | 0.82 | 0.79 | 709.64M | 707.02M |
| 2024-03-07 | 0.76 | 0.65 | 712.39M | 698.35M |
| 2023-12-07 | 0.79 | 0.61 | 700.42M | 690.13M |
| 2023-09-07 | 0.72 | 0.65 | 687.69M | 677.56M |
| 2023-06-08 | 0.72 | 0.53 | 661.39M | 641.80M |
| 2023-03-09 | 0.65 | 0.53 | 659.58M | 632.15M |
| 2022-12-08 | 0.57 | 0.41 | 645.46M | 626.94M |
| 2022-09-08 | 0.44 | 0.42 | 622.18M | 602.22M |
| 2022-06-09 | 0.38 | 0.46 | 588.69M | 582.77M |
| 2022-03-10 | 0.48 | 0.48 | 580.83M | 561.58M |
| 2021-12-02 | 0.58 | 0.46 | 545.46M | 562.25M |
| 2021-09-02 | 0.47 | 0.39 | 511.84M | 2.30B |
| 2021-06-03 | 0.44 | 0.27 | 469.08M | 435.25M |
| 2021-03-11 | 0.37 | 0.22 | 430.90M | 339.33M |
| 2020-12-03 | 0.22 | 0.12 | 382.92M | 291.61M |
| 2020-09-03 | 0.17 | 0.07 | 342.21M | 238.21M |
| 2020-06-04 | 0.12 | 0.11 | 297.02M | 247.51M |
| 2020-03-12 | 0.12 | 0.05 | 274.89M | 114.54M |
| 2019-12-05 | 0.11 | 0.03 | 249.50M | 68.05M |
| 2019-09-05 | 0.01 | 0.04 | 235.61M | 942.45M |
| 2019-06-06 | 0.07 | 0.05 | 213.96M | 152.83M |
| 2019-03-14 | 0.06 | 0.01 | 199.73M | 33.29M |
| 2018-12-06 | -0.31 | -0.16 | 178.38M | 2.17B |
| 2018-09-05 | 0.03 | 0.01 | 167.04M | 55.68M |
| 2018-06-08 | -7.45 | — | 155.81M | — |
| 2018-06-07 | 0.01 | -0.07 | 148.87M | 300.49M |
| 2017-10-31 | -0.45 | — | 130.59M | — |
| 2017-07-31 | -0.38 | — | 125.54M | — |
| 2017-04-30 | -0.60 | — | 113.50M | — |
Yield 0.00%. Payout ratio 0.00%. Frequency —.
Safety score 37/100 · Watch. Payout ratio is 0% of earnings. Free-cash-flow coverage is not available, so this part stays neutral. No dividend history was found. There is no dividend yield.
| Ex-date | Dividend | Record | Payment | Frequency |
|---|---|---|---|---|
| No data yet. | ||||
| Date | Insider | Action | Shares | Price | Value |
|---|---|---|---|---|---|
| 2026-10-01 | Hansen Paula | Sell | 3.00K | $68.75 | 206.25K |
| 2026-10-01 | Hansen Paula | Sell | 300 | $69.37 | 20.81K |
| 2026-10-01 | Shaughnessy James P | Sell | 11.60K | $68.77 | 797.73K |
| 2026-10-01 | Shaughnessy James P | Sell | 400 | $69.55 | 27.82K |
| 2026-10-01 | Thygesen Allan C. | Sell | 7.47K | $68.53 | 512.26K |
| 2026-10-01 | Thygesen Allan C. | Sell | 13.60K | $69.45 | 944.38K |
| 2026-10-01 | Thygesen Allan C. | Sell | 5.18K | $69.98 | 362.29K |
| 2026-10-01 | Wilderotter Mary Agnes | Sell | 1.00K | $68.80 | 68.80K |
| 2026-09-17 | Chatwani Robert | Sell | 4.04K | $68.77 | 278.11K |
| 2026-09-17 | Chatwani Robert | Sell | 10.63K | $69.66 | 740.63K |
| 2026-09-16 | Wilderotter Mary Agnes | Sell | 1.10K | $70.60 | 77.38K |
| 2026-09-15 | Shaughnessy James P | Sell | 8.50K | — | — |
| 2026-09-15 | Chatwani Robert | Buy | 35.31K | — | — |
| 2026-09-15 | Chatwani Robert | Sell | 17.51K | — | — |
| 2026-09-15 | Chatwani Robert | Sell | 6.19K | — | — |
| 2026-09-15 | Chatwani Robert | Sell | 20.01K | — | — |
| 2026-09-15 | Chatwani Robert | Sell | 3.41K | — | — |
| 2026-09-15 | Chatwani Robert | Sell | 3.02K | — | — |
| 2026-09-15 | Chatwani Robert | Sell | 1.10K | — | — |
| 2026-09-15 | Chatwani Robert | Sell | 1.56K | — | — |
| 2026-09-15 | Thygesen Allan C. | Buy | 67.47K | — | — |
| 2026-09-15 | Thygesen Allan C. | Sell | 33.45K | — | — |
| 2026-09-15 | Thygesen Allan C. | Sell | 15.20K | — | — |
| 2026-09-15 | Thygesen Allan C. | Sell | 10.47K | — | — |
| 2026-09-15 | Thygesen Allan C. | Sell | 9.28K | — | — |
| 2026-09-15 | Thygesen Allan C. | Sell | 8.75K | — | — |
| 2026-09-15 | Thygesen Allan C. | Sell | 5.09K | — | — |
| 2026-09-15 | Thygesen Allan C. | Sell | 11.50K | — | — |
| 2026-09-15 | Thygesen Allan C. | Sell | 7.20K | — | — |
| 2026-09-15 | GRAYSON BLAKE JEFFREY | Buy | 44.23K | — | — |
| 2026-09-15 | GRAYSON BLAKE JEFFREY | Sell | 17.73K | — | — |
| 2026-09-15 | GRAYSON BLAKE JEFFREY | Sell | 7.43K | — | — |
| 2026-09-15 | GRAYSON BLAKE JEFFREY | Sell | 23.14K | — | — |
| 2026-09-15 | GRAYSON BLAKE JEFFREY | Sell | 5.12K | — | — |
| 2026-09-15 | GRAYSON BLAKE JEFFREY | Sell | 4.54K | — | — |
| 2026-09-15 | GRAYSON BLAKE JEFFREY | Sell | 1.66K | — | — |
| 2026-09-15 | GRAYSON BLAKE JEFFREY | Sell | 2.35K | — | — |
| 2026-09-15 | Shaughnessy James P | Buy | 18.28K | — | — |
| 2026-09-15 | Shaughnessy James P | Sell | 11.98K | — | — |
| 2026-09-15 | Shaughnessy James P | Sell | 4.13K | — | — |
| 2026-09-15 | Shaughnessy James P | Sell | 3.37K | — | — |
| 2026-09-15 | Shaughnessy James P | Sell | 3.02K | — | — |
| 2026-09-15 | Shaughnessy James P | Sell | 2.19K | — | — |
| 2026-09-15 | Shaughnessy James P | Sell | 1.09K | — | — |
| 2026-09-15 | Shaughnessy James P | Sell | 1.54K | — | — |
| 2026-09-15 | Shaughnessy James P | Sell | 2.93K | — | — |
| 2026-09-15 | Hansen Paula | Buy | 39.44K | — | — |
| 2026-09-15 | Hansen Paula | Sell | 15.98K | — | — |
| 2026-09-15 | Hansen Paula | Sell | 19.56K | — | — |
| 2026-09-15 | Hansen Paula | Sell | 7.43K | — | — |
| 2026-09-15 | Hansen Paula | Sell | 3.53K | — | — |
| 2026-09-15 | Hansen Paula | Sell | 5.18K | — | — |
| 2026-09-15 | Hansen Paula | Sell | 7.33K | — | — |
| 2026-09-14 | Marrs Anna | Sell | 548 | $67.00 | 36.72K |
| 2026-09-10 | Briggs Teresa | Sell | 548 | $64.60 | 35.40K |
| 2026-09-10 | Solvik Peter | Sell | 30.00K | $65.25 | 1.96M |
| 2026-09-10 | Solvik Peter | Sell | 16.00K | $65.22 | 1.04M |
| 2026-09-08 | GRAYSON BLAKE JEFFREY | Sell | 11.55K | $65.25 | 753.64K |
| 2026-09-08 | GRAYSON BLAKE JEFFREY | Sell | 3.45K | $66.64 | 229.91K |
| 2026-09-08 | GRAYSON BLAKE JEFFREY | Sell | 11.55K | $65.25 | 753.64K |
| 2026-09-08 | GRAYSON BLAKE JEFFREY | Sell | 3.45K | $66.64 | 229.91K |
| 2026-09-05 | Roberts Brian Keith | Sell | 856 | — | — |
| 2026-09-05 | Roberts Brian Keith | Buy | 856 | — | — |
| 2026-09-04 | GRAYSON BLAKE JEFFREY | Sell | 30.00K | $70.00 | 2.10M |
| 2026-09-04 | GRAYSON BLAKE JEFFREY | Sell | 30.00K | $70.00 | 2.10M |
| 2026-09-03 | Rosenbaum Michael George | Sell | 522 | — | — |
| 2026-09-03 | Rosenbaum Michael George | Buy | 522 | — | — |
| 2026-09-01 | Salem Enrique T | Buy | 1.10K | — | — |
| 2026-09-01 | Salem Enrique T | Sell | 1.10K | — | — |
| 2026-09-01 | Solvik Peter | Buy | 1.10K | — | — |
| 2026-09-01 | Solvik Peter | Sell | 1.10K | — | — |
| 2026-09-01 | Briggs Teresa | Buy | 1.10K | — | — |
| 2026-09-01 | Briggs Teresa | Sell | 1.10K | — | — |
| 2026-09-01 | Irving Blake | Buy | 1.10K | — | — |
| 2026-09-01 | Irving Blake | Sell | 1.10K | — | — |
| 2026-09-01 | BEER JAMES A | Buy | 1.10K | — | — |
| 2026-09-01 | BEER JAMES A | Sell | 1.10K | — | — |
| 2026-09-01 | Wilderotter Mary Agnes | Buy | 1.10K | — | — |
| 2026-09-01 | Wilderotter Mary Agnes | Sell | 1.10K | — | — |
| 2026-09-01 | Hayes Cain A | Buy | 1.10K | — | — |
| 2026-09-01 | Hayes Cain A | Sell | 1.10K | — | — |
| 2026-09-01 | Marrs Anna | Buy | 1.10K | — | — |
| 2026-09-01 | Marrs Anna | Sell | 1.10K | — | — |
| 2026-08-28 | BEER JAMES A | Sell | 450 | $64.02 | 28.81K |
| 2026-08-07 | GRAYSON BLAKE JEFFREY | Sell | 15.00K | $60.00 | 900.00K |
| 2026-08-02 | Trollope Rowan M | Sell | 869 | — | — |
| 2026-08-02 | Trollope Rowan M | Buy | 869 | — | — |
| 2026-07-09 | Thygesen Allan C. | Buy | 182.37K | — | — |
| 2026-07-09 | Thygesen Allan C. | Buy | 136.77K | — | — |
| 2026-07-09 | Shaughnessy James P | Buy | 49.55K | — | — |
| 2026-07-09 | Shaughnessy James P | Buy | 24.78K | — | — |
| 2026-07-09 | Chatwani Robert | Buy | 74.33K | — | — |
| 2026-07-09 | Chatwani Robert | Buy | 37.17K | — | — |
| 2026-07-09 | Hansen Paula | Buy | 89.20K | — | — |
| 2026-07-09 | Hansen Paula | Buy | 44.60K | — | — |
| 2026-07-09 | GRAYSON BLAKE JEFFREY | Buy | 89.20K | — | — |
| 2026-07-09 | GRAYSON BLAKE JEFFREY | Buy | 44.60K | — | — |
| 2026-07-01 | Hansen Paula | Sell | 6.00K | $45.54 | 273.24K |
| 2026-07-01 | GRAYSON BLAKE JEFFREY | Sell | 14.40K | $45.53 | 655.63K |
| 2026-07-01 | GRAYSON BLAKE JEFFREY | Sell | 600 | $45.99 | 27.59K |
Latest filed quarter: Q2 2026.
Institutions holding: 705, holders -52 vs prior quarter. Ownership 91.49%.
| Holder | Shares | Change | Change % | Value |
|---|---|---|---|---|
| BLACKROCK, INC. | 20.87M | -693.83K | -3.22% | 927.06M |
| VANGUARD PORTFOLIO MANAGEMENT LLC | 11.59M | 306.98K | +2.72% | 515.02M |
| AQR CAPITAL MANAGEMENT LLC | 8.97M | 4.13M | +85.24% | 398.56M |
| VANGUARD CAPITAL MANAGEMENT LLC | 8.77M | -184.57K | -2.06% | 389.59M |
| CAPITAL WORLD INVESTORS | 7.06M | 15.80K | +0.22% | 313.41M |
| STATE STREET CORP | 6.28M | -543.67K | -7.96% | 279.09M |
| AMERIPRISE FINANCIAL INC | 6.17M | 2.13M | +52.75% | 273.93M |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | 5.58M | 295.91K | +5.60% | 247.91M |
| GEODE CAPITAL MANAGEMENT, LLC | 4.11M | -46.88K | -1.13% | 184.38M |
| FEDERATED HERMES, INC. | 3.33M | 1.45M | +76.63% | 148.12M |
| PRICE T ROWE ASSOCIATES INC /MD/ | 3.33M | 34.03K | +1.03% | 148.01M |
| TWO SIGMA INVESTMENTS, LP | 3.30M | 1.53M | +86.48% | 146.65M |
| RENAISSANCE TECHNOLOGIES LLC | 3.08M | -95.00K | -3.00% | 136.59M |
| FMR LLC | 3.07M | 671.45K | +27.99% | 136.38M |
| INVESCO LTD. | 2.88M | 1.76M | +156.49% | 127.98M |
| MORGAN STANLEY | 2.80M | 44.83K | +1.63% | 124.46M |
| NORGES BANK | 2.45M | 2.45M | New | 108.65M |
| UBS GROUP AG | 2.21M | 1.98M | +852.28% | 98.14M |
| JACOBS LEVY EQUITY MANAGEMENT, INC | 2.04M | 96.20K | +4.94% | 90.79M |
| GOLDMAN SACHS GROUP INC | 1.98M | -1.08M | -35.30% | 87.81M |
| D. E. SHAW & CO., INC. | 1.87M | -627.45K | -25.08% | 83.26M |
| AMERICAN CENTURY COMPANIES INC | 1.83M | -157.65K | -7.93% | 81.33M |
| SIXTH STREET PARTNERS MANAGEMENT COMPANY, L.P. | 1.83M | 1.83M | New | 81.29M |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | 1.83M | 103.20K | +5.98% | 81.29M |
| UBS AM, A DISTINCT BUSINESS UNIT OF UBS ASSET MANAGEMENT AMERICAS LLC | 1.81M | -142.57K | -7.31% | 80.31M |
| Period | Value |
|---|---|
| FY2019 | Professional Services And Other: 37312000.0, Subscription and Circulation: 663657000.0 |
| FY2020 | Professional Services And Other: 55508000.0, Subscription and Circulation: 918463000.0 |
| FY2021 | Professional Services And Other: 71650000.0, Subscription and Circulation: 1381397000.0 |
| FY2022 | Professional Services And Other: 69941000.0, Subscription and Circulation: 2037272000.0 |
| FY2023 | Professional Services And Other: 73738000.0, Subscription and Circulation: 2442177000.0 |
| FY2024 | Professional Services And Other: 75174000.0, Subscription and Circulation: 2686708000.0 |
| FY2025 | Professional Services And Other: 75430000.0, Subscription and Circulation: 2901309000.0 |
| FY2026 | Professional Services And Other: 68949000.0, Subscription and Circulation: 3150551000.0 |
| Period | Value |
|---|---|
| FY2019 | Non-US: 119958000.0, UNITED STATES: 581011000.0 |
| FY2020 | Non-US: 171491000.0, UNITED STATES: 802480000.0 |
| FY2021 | Non-US: 287043000.0, UNITED STATES: 1166004000.0 |
| FY2022 | Non-US: 481247000.0, UNITED STATES: 1625966000.0 |
| FY2023 | Non-US: 619983000.0, UNITED STATES: 1895932000.0 |
| FY2024 | Non-US: 728932000.0, UNITED STATES: 2032950000.0 |
| FY2025 | Non-US: 833962000.0, UNITED STATES: 2142777000.0 |
| FY2026 | Non-US: 945030000.0, UNITED STATES: 2274470000.0 |
Insights · Dividends · Forecast · Financials · Learn
$15.63B
Market Cap
50.83
P/E
18.09
Forward P/E
57
Score