DocuSign, Inc. provides electronic signature solution in the United States and internationally. The company 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, which allows sales representatives to automatically generate agreements with a few clicks from within Salesforce. It also provides Identify, a signer-identification option for checking government-issued IDs; Standards-Based Signatures, which support signatures that involve digital certificates; Monitor that uses advanced analytics to track DocuSign eSignature web, mobile, and API account; Notary which enables notaries public to conduct remote online notarization transactions; and Web Forms, a web forms that quickly draft agreements using pre-populated data from completed forms or external systems via APIs. In addition, the company offers Rooms for Real Estate that provides a way for brokers and agents to manage the entire real estate transaction digitally. Signature and CLM are FedRAMP, an authorized version of DocuSign eSignature for U.S. federal government agencies; and life sciences modules that support compliance with the electronic signature practices. The company sells its products through direct and partner-assisted sales, and digital self-service purchasing. DocuSign, Inc. was incorporated in 2003 and is headquartered in San Francisco, California.

DocuSign, Inc.

Слабый индекс, значительно вырос. Быки укрепили уверенность в своих позициях.

Weak index, significantly up. Bulls have strengthened their confidence in their positions.

Слабый индекс, значительно вырос. Медведи укрепили уверенность в своих позициях.

Weak index, significantly up. Bears have strengthened their confidence in their positions.

Средний индекс, значительно упал. Рынок на стороне быков.

Medium index, significantly down. The market is on the bulls' side.

Средний индекс, значительно вырос. Рынок не поддерживает медведей.

Medium index, significantly up. The market does not support the bears.

Средний индекс, значительно упал. Отток средств из лонгов резко увеличился и находится на высоком уровне.

Medium index, significantly down. The outflow of funds from longs has increased sharply and is at a high level.

Средний индекс, значительно вырос. Приток средств в шорты резко увеличился и находится на высоком уровне.

Medium index, significantly up. The inflow of funds into shorts has increased sharply and is at a high level.

Key Points
President General Manager liquidated 14,676 shares at a weighted average price of $69.41, representing a transaction value of ~$1.0 million on September 17, 2026.
The sale involved shares equal to 16% of the equity stake held by the insider before the filing.
All shares were held directly, with no indirect holdings reported in the disclosure.
The transaction was conducted under a pre-arranged Rule 10b5-1 trading plan, characterizing the activity as a structured liquidity event.
Robert Chatwani, President General Mgr, Growth at Docusign (NASDAQ:DOCU), sold 14,676 shares of common stock on Sept. 17, 2026, according to a recent SEC Form 4 filing.
Transaction summary
Shares sold
14,676
Transaction value
~$1.0 million
Post-transaction shares (directly held)
75,928
Post-transaction value
~$5.3 million
Transaction value based on SEC Form 4 weighted average sale price ($69.41); post-transaction value based on Sept. 17, 2026, market close ($70.64).
Key questions
What was the regulatory framework for this transaction?
The executive executed this sale pursuant to a Rule 10b5-1 plan, a mechanism that allows company insiders to establish predetermined trading schedules for selling shares to satisfy liquidity needs.
How did the execution price compare to the market close on the date of the trade?
The shares were sold at a weighted average price of $69.41, while the stock reached a market close of $70.64 on Sept. 17, 2026.
What is the insider's remaining ownership interest in the company?
Following the disposition, the executive retains a direct position of 75,928 shares, which represents approximately 0.0398% of the company's outstanding equity.
What has been the recent performance context for the stock?
At the time of the transaction on Sept. 17, 2026, the company's one-year total return was -16%.
Company Overview
Share Price (as of market close 2026-09-22)
$66.76
Market Capitalization
$12.6 billion
Revenue (TTM)
$3.4 billion
Net Income (TTM)
$329.9 million
Company Snapshot
Docusign provides a comprehensive suite of electronic signature and digital agreement management solutions, including core e-signature capabilities, Contract Lifecycle Management (CLM), and agreement workflow automation tools that serve as primary revenue drivers across enterprise and mid-market segments.
The company operates a subscription-based software-as-a-service (SaaS) business model, generating recurring revenue through tiered licensing arrangements while supplementing core revenue through implementation services and professional consulting engagements.
Docusign serves a diverse customer base spanning financial services, healthcare, legal, real estate, and technology sectors, with particular penetration among enterprises requiring high-volume agreement processing and compliance-intensive workflows.
Docusign is a global leader in the digital agreement management software market, commanding a substantial installed base of 7,044 employees and generating $3.4 billion in TTM revenue with $330 million in net income.
The company's competitive positioning is anchored in its established market presence, an extensive product ecosystem spanning agreement preparation, execution, and lifecycle management, and deep integrations with enterprise systems.
Docusign's strategic focus on expanding its CLM capabilities and driving platform consolidation positions it to capture incremental wallet share from customers seeking unified digital agreement solutions.
What this transaction means for investors
This sale shouldn't concern investors. It was executed under a Rule 10b5-1 plan, which insiders commonly use to avoid concerns about acting on non-public information. The executive still retains the majority of the stake, worth about $5 million at current share prices.
Importantly, Docusign has reported improving growth this year. In the July-ending fiscal quarter, revenue grew 9.4% year over year. Margins are also expanding, with operating profit surging 80% year over year to $118 million.
Analysts expect earnings to grow at an annualized rate of 22% over the next several years. Assuming the company delivers, that should support the stock's valuation, which is currently modest at 13.7x forward earnings estimates.
Should you buy stock in Docusign right now?
Before you buy stock in Docusign, consider this:
The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Docusign wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.
Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you’d have $389,154!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you’d have $1,406,303!*
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John Ballard has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Docusign. The Motley Fool has a disclosure policy.

DocuSign President Sells 14,676 Shares

DocuSign, Inc. DOCU has had an impressive run on the bourses in the year-to-date period. Shares of the company have gained 35.2%, outperforming the 30.7% rally of the industry and the 26% rise of the Zacks S&P 500 composite.
DOCU has an impressive Growth Score of B. This style score condenses all the essential metrics from the company’s financial statements to get the true sense of the quality and sustainability of its growth.
The company’s earnings for fiscal 2025 and 2026 are expected to improve 15.8% and 5.9%, respectively, year over year. DOCU has a long-term (three to five years) expected earnings growth rate of 9.3%.
Docusign Inc. Price
Factors That Augur Well
DocuSign’s top line has been significantly benefiting from continued customer demand for eSignature in a large addressable market. DOCU’s customer base has grown steadily, with 1.1 million customers in 2022, 1.3 million in 2023 and 1.5 million in 2024. Taking the trend into consideration, we expect this growth to continue in the coming years as well. Despite this rising demand, the market for eSignature remains largely untapped. Therefore, Docusign has ample opportunities to expand eSignature across businesses globally, which will boost its revenues.
DocuSign’s subscription fees account for around 97% of the total revenues. DOCU’s subscription fees include the use of its products and access to customer support and the subscriptions generally range from one to three years. A subscription model is very useful for software developers because it stabilizes revenue streams and improves the visibility of cash flows. It also makes expensive software more easily affordable and accessible to companies with limitations on resources, thus expanding the market.
DOCU’s direct and indirect go-to-market initiatives also facilitated growthat commercial and enterprise customers. Numerous customer programs and initiatives and expanded customer use cases have gradually increased subscription revenue growth over time.In fiscal 2024, subscription revenues increased by 10% due to the expansion of revenues from existing customers and new customer additions.
DocuSign has deepened its relationships with tech giants such as Salesforce CRM and Microsoft MSFT. For instance, the company has expanded its global strategic partnership with Salesforce. DocuSign and Salesforce jointly develop solutions for automating the contract creation process and expanding collaboration among organizations that use Salesforce’s Slack. Docusign made an eSignature integration with Microsoft Teams last year and is currently an official electronic signature provider in Microsoft Teams’ Approvals app. These partnerships enable the company to sell into a far greater number of accounts than it could have done alone.
Concerns for DOCU
DocuSign has never declared dividends and currently does not have any payout plan. So, the only way to achieve a return on investment on the company’s stock is through share price appreciation, which is not guaranteed. Investors seeking cash dividends should avoid buying DocuSign’s shares.
Docusign’s current ratio (a measure of liquidity) was 0.84 at the end of second-quarter fiscal 2025, lower than the preceding quarter's 0.93 and the year-ago fiscal quarter's 0.88. A current ratio of less than 1 indicates that the company may find it difficult to cover its short-term obligations.
DOCU’s Zacks Rank
DocuSign currently carries a Zacks Rank #3 (Hold).
You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
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Reasons Why You Should Hold DocuSign Stock in Your Portfolio

Key Points
The company maintains a strong competitive moat through extensive enterprise software integrations.
Revenue growth has slowed significantly as e-signature market adoption reaches saturation.
Management is aggressively reinvesting in AI-native agreement management to drive long-term platform differentiation.
When a mid-sized enterprise needs to close a contract, it often turns to DocuSign (NASDAQ:DOCU). The company dominates the e-signature landscape, but it is currently racing to rebrand itself as a broader platform for agreement management.
With its stock trading at roughly $65.08 per share, the company has seen a bumpy 12 months, with the stock price falling 17% while broader markets climbed. The core question for shareholders is whether this veteran provider can successfully trade its niche status for a more central role in the age of AI.
Our proprietary Hidden Gems scoring system assigns DocuSign an overall Superscore of 76 out of 100, placing it in the Strong category. The Superscore is an AI-powered score that evaluates a company's overall strength by combining financial performance, product market position, technological capabilities, leadership quality, and relative valuation.
It represents the unification of all our scores into a single score for public companies, with five rating bands: Exceptional (90-100), Strong (75-89), Above Average (60-74), Average (40-59), and Cautious (0-39). A 76 places the company in the Top ~18% of every company we score. This article pairs the reasons the score is high with the risks that keep it from climbing higher, serving as a data-driven input for your own deeper investigation.
IMAGE SOURCE: GETTY IMAGES.
Why DOCU Has a 76 Superscore
Dominant market position: The company maintains a massive, entrenched user base of 1.8 million customers that creates high switching costs, as its software is deeply embedded in critical business workflows.
Proven platform transition: Management has successfully launched its Intelligent Agreement Management (IAM) platform, which grew to represent 15% of total annual recurring revenue by the end of July 2026.
Strong cash generation: The company converted its market leadership into cold, hard cash, generating $296 million in free cash flow during the most recent quarter.
Disciplined capital allocation: Leadership has prioritized returning capital to shareholders, executing over $300 million in share repurchases during the second quarter of fiscal 2027 alone.
High gross margins: Subscription-based software economics allow the company to maintain stable gross margins near 80%, providing a consistent cushion to fund ongoing AI-driven product innovation.
Why Is DOCU's Superscore Not Higher?
Maturing core market: Revenue growth has decelerated to 9% year over year, reflecting the reality that the company has largely saturated its primary e-signature use cases.
Significant execution risk: The pivot toward Intelligent Agreement Management is still in early stages, and there is no guarantee that customers will adopt these newer, AI-integrated features at the scale required to move the needle.
Stiff competitive pressure: The company faces ongoing threats from large-scale cloud incumbents who can bundle similar document-management features into their existing, cheaper enterprise suites.
Valuation realities: The stock trades at a trailing P/E of 37.72, which leaves little margin for error if sales execution stumbles or revenue growth fails to accelerate from current single-digit levels.
DocuSign earns a high rank for capital efficiency, meaning it generates significant profit relative to its minimal base of hard tangible assets. For an investor, this efficiency means that every point of successful revenue growth is more likely to drop to the bottom line than it would be at a more asset-heavy industrial firm. This structural advantage helps justify why the market is willing to pay a premium for the company's earnings, though this efficiency cannot entirely mask the competitive risks the company faces.
Hidden Gems Database Scores at a Glance
Score
Score (out of 100)
Rank
Supporting Data Point
Product (1Y)
76
Top ~27%
The company successfully transitioned its product roadmap toward AI-driven Intelligent Agreement Management.
Product (5Y)
69
Top ~33%
The 5-year period saw growth volatility as the business normalized post-pandemic and restructured.
Financial (1Y)
76
Top ~19%
Fiscal 2026 demonstrated strong operational maturity with 9.6% net profit margins.
Financial (5Y)
69
Top ~24%
The company shifted from a loss-making pandemic beneficiary to a disciplined, cash-generative software leader.
Leaders
61
Bottom ~35%
Management displays transparency in reporting metrics but faces skepticism over its promotional AI narrative.
AI
39
Top ~25%
The strategy currently relies on bolting AI features onto legacy workflows rather than a native rebuild.
Valuation Risk
73
Top ~13%
The company trades at a trailing P/E of 37.72, reflecting its profitable, cash-generative status.
Is DOCU Right For Your Portfolio?
This stock warrants a closer look if...
You are looking for the best mid-cap tech stocks that have already achieved consistent profitability and strong cash flow.
You believe that intelligent contract automation will become a permanent, high-value requirement for global enterprises over the next several years.
You may want to keep researching before buying if...
You are concerned that core e-signature products are becoming commoditized by massive, low-cost tech platforms.
You prefer companies with double-digit revenue growth and believe the current single-digit pace indicates a long-term loss of momentum.
The Superscore is one data-driven signal for your research process, not a recommendation to buy or sell. Always weigh this data against your personal financial goals and risk tolerance before making a final investment decision.
My 5-year prediction for DOCU stock
DocuSign stock was hit hard earlier in 2026 by the "Saaspocalypse," falling to a 52-week low of $40.16 in February. Wall Street's fears of disruption by artificial intelligence caused a widespread sell-off in subscription software businesses, including DocuSign. Since then, the company has proven it not only remains resilient, but that it's embracing AI to evolve its offerings.
Its IAM solution is the galvanizing force to seeing the company's share price rise. That's because customer adoption is growing rapidly. In DocuSign's 2025 fiscal year, ended Jan. 31, IAM represented just 2.3% of total annual recurring revenue (ARR). In fiscal 2026, that percentage jumped to 10.8%, and in fiscal 2027, DocuSign forecasted IAM to increase to 18.5% of total ARR.
IAM's strength is that it expands DocuSign's role from an e-signature tool to automation of the entire agreement management process. The tech's AI agents take a fragmented workflow, disconnected tools and underutilized data, and streamlines it, ensuring deadlines are met and surfacing up reports to deliver insights. This can provide more of a competitive moat for the company.
AI isn't the only growth driver. DocuSign experienced 17% year-over-year revenue growth in its international business during the fiscal second quarter ended July 31. International sales now comprise 31% of revenue.
The company has consistently delivered about 8% year-over-year sales growth over the past two fiscal years, and projects about 9% for fiscal 2027. The trend demonstrates it remains a go-to solution for digital document signing, but it's not a high-growth tech stock. So as long as your expectations are tempered, DocuSign is positioned to deliver solid business expansion over the long haul.
The Hidden Gems Superscore reflects The Motley Fool's proprietary AI-driven evaluation of a company across product, financial, leadership, and valuation pillars as of the article date and may change over time. Performance figures are point-in-time. Past performance does not guarantee future results.
Should you buy stock in Docusign right now?
Before you buy stock in Docusign, consider this:
The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Docusign wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.
Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you’d have $417,413!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you’d have $1,341,294!*
Now, it’s worth noting Stock Advisor’s total average return is 950% — a market-crushing outperformance compared to 212% for the S&P 500. Don't miss the latest top 10 list, available with Stock Advisor, and join an investing community built by individual investors for individual investors.
*Stock Advisor returns as of September 13, 2026.
Robert Izquierdo has positions in Docusign. The Motley Fool has positions in and recommends Docusign. The Motley Fool has a disclosure policy.

DocuSign's 2026 Outlook: Artificial Intelligence Drives Future Revenue Growth

Key Points
The disposal involved 46,000 shares executed at a weighted average price of $65.24 for a total value of $3.0 million on September 10, 2026.
The transaction size was equal to 23% of the total equity stake held prior to the filing.
The shares were sold from indirect holdings attributed to a family trust, children's trusts, a spouse, and a family partnership.
This liquidity event reduced the total holding to 156,338 shares with a market value of $10.29 million as of the September 10, 2026 close.
Peter Solvik, Director of Docusign, Inc. (NASDAQ:DOCU), reported a sale of 46,000 shares of common stock in a Sept. 11, 2026, SEC Form 4 filing.
Transaction summary
Transaction value
$3.0 million
Shares sold (indirectly held)
46,000
Post-transaction shares (directly held)
10,066
Post-transaction value
$10.29 million
Transaction value based on SEC Form 4 weighted average sale price ($65.24); post-transaction value based on Sept. 10, 2026, market close ($65.80).
Key questions
What was the composition of the indirect entities involved in this disposal?
The 46,000 shares were liquidated from an indirect holding base that, following the transaction, consists of 90,253 shares held by a trust, 49,558 shares in children's trusts, 6,458 shares held by a spouse, and three shares held by a family partnership.
How does the execution price compare to recent market levels?
The weighted average execution price of $65.24 was established while the stock was priced at $65.65 as of the Sept. 11, 2026, market close.
What is the insider's remaining equity exposure following this sale?
Solvik retains a total beneficial interest of 156,338 shares, which represents approximately 0.0819% of the software company's $12.4 billion market capitalization.
How has the equity performed leading up to this transaction?
The shares were priced at a level representing a one-year return of -17% as of the Sept. 10, 2026, transaction date.
Company Overview
Share Price (as of market close 2026-09-11)
$65.65
Market Capitalization
$12.4 billion
Revenue (TTM)
$3.4 billion
Net Income (TTM)
$329.9 million
Company Snapshot
Docusign provides a comprehensive digital agreement management platform, with core offerings including electronic signature software, Contract Lifecycle Management (CLM) solutions, and agreement workflow tools that enable businesses to digitally prepare, execute, finalize, and manage various agreements.
The company generates revenue through a subscription-based software-as-a-service (SaaS) model, leveraging its platform to serve enterprises and mid-market organizations seeking to digitize and automate their agreement processes across multiple business functions.
Docusign's primary customer base consists of enterprises and mid-market businesses across diverse industries that require digital agreement management capabilities, with particular strength among organizations prioritizing operational efficiency and digital transformation initiatives.
Docusign operates as a global leader in the digital agreement management software sector, serving over 7,000 employees across its San Francisco headquarters and international operations. The company has established a dominant market position through its integrated platform approach, combining e-signature functionality with advanced contract lifecycle management capabilities. With TTM revenue of $3.4 billion and net income of $329.9 million, Docusign demonstrates substantial scale and profitability within the enterprise software market, though recent market performance reflects sectorwide valuation adjustments.
What this transaction means for investors
Peter Solvik's sale of Docusign shares is one that may catch investors' attention. He sold about 23% of his holdings in the Sept. 10 transaction. Although it was described as a "liquidity event," it might be enough to spark concerns over the investment case of the SaaS stock.
Still, Solvik may have had good reason to hold on to his remaining shares. As previously mentioned, Docusign stock has fallen by 17% over the last year, though it has risen by more than 60% from its 52-week low.
Moreover, revenue has increased by 9% yearly, indicating that growth continues despite concerns about AI replacing SaaS companies.
Additionally, Docusign earned $156 million in the first half of the year. That is an encouraging sign since, due to its growth, a P/E ratio of around 40 is on track to give way to a forward earnings multiple of 14. Thus, with growth continuing and the stock looking increasingly inexpensive, it likely pays for Solvik to hold his remaining Docusign shares.
Should you buy stock in Docusign right now?
Before you buy stock in Docusign, consider this:
The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Docusign wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.
Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you’d have $417,413!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you’d have $1,341,294!*
Now, it’s worth noting Stock Advisor’s total average return is 950% — a market-crushing outperformance compared to 210% for the S&P 500. Don't miss the latest top 10 list, available with Stock Advisor, and join an investing community built by individual investors for individual investors.
*Stock Advisor returns as of September 13, 2026.
Will Healy has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Docusign. The Motley Fool has a disclosure policy.

Docusign Director Peter Solvik Sells 46,000 Shares for $3.0 Million

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DocuSign (DOCU) Q2 2027 Earnings Call Transcript

Key Points
The disposition involved 45,000 shares with an estimated value of ~$3.1 million based on a weighted average execution price of $68.52 per share.
The trade size represented 36% of the equity holdings held directly by the executive prior to the filing.
All shares were sold from direct personal holdings, leaving the executive with 81,429 shares held directly.
Blake Jeffrey Grayson, Chief Financial Officer of DocuSign, Inc. (NASDAQ:DOCU), sold 45,000 shares of common stock between September 4, 2026 and September 8, 2026, according to a recent SEC Form 4 filing.
Transaction summary
Shares sold
45,000
Transaction value
$3.1 million
Post-transaction shares (directly held)
81,429
Post-transaction value
$5.30 million
Transaction value based on SEC Form 4 weighted average sale price ($68.52); post-transaction value based on September 08, 2026 market close ($65.08).
Key questions
What was the nature of this disposition?
The executive utilized a Rule 10b5-1 trading plan to facilitate the sale of 30,000 shares, a mechanism that establishes pre-set parameters for trading to avoid conflicts regarding the use of material non-public information.
How does the execution price compare to recent market valuation?
The shares were sold at a weighted average price of $68.52, while the stock was priced at $65.08 as of the September 8, 2026 market close, representing a one-year total return of -20% as of the transaction date.
What is the executive's remaining ownership stake in the company?
Following the sale, the Chief Financial Officer retains direct ownership of 81,429 shares, which accounts for an approximate 0.0426% stake in the firm.
Company Overview
Share Price (as of market close 2026-09-08)
$65.08
Market Capitalization
$12.5 billion
Revenue (TTM)
$3.4 billion
Net Income (TTM)
$329.9 million
Company Snapshot
DocuSign provides a comprehensive digital agreement management platform, with core revenue derived from its electronic signature solution and complementary offerings including Contract Lifecycle Management (CLM) and agreement workflow automation tools.
The company operates a SaaS-based business model, generating recurring revenue through subscription licenses and usage-based pricing, enabling enterprises to digitally prepare, execute, finalize, and manage agreements at scale.
DocuSign serves a broad customer base spanning mid-market and enterprise organizations across multiple verticals, with particular strength in financial services, legal, healthcare, and technology sectors seeking to streamline agreement processes.
DocuSign is a global leader in digital agreement management, serving thousands of enterprise customers across the United States and internationally. The company has established a dominant competitive position in the e-signature market through its integrated platform approach, combining core electronic signature capabilities with advanced CLM and workflow automation features.
DocuSign's strategic focus on expanding its agreement cloud ecosystem positions it to capture growing demand for digital transformation in contract and document management processes.
What this transaction means for investors
CFO Blake Grayson's Sept. 4 sale of 30,000 DocuSign shares was a non-discretionary transaction executed as part of a pre-established Rule 10b5-1 plan. This indicates the move was part of a structured portfolio management strategy.
He performed a second disposition involving 15,000 shares on Sept. 8, which was not part of his Rule 10b5-1 trading plan. Consequently, the subsequent sale was discretionary, and combined with his Sept. 4 disposal, resulted in a substantial 36% reduction in his direct holdings. This does not instill investors with confidence as the sale comes after the stock has dropped about 20% over the past 12 months.
DocuSign shares are down due to concerns the company may be at risk of losing business in the face of the artificial intelligence boom. In its fiscal second quarter, ended July 31, the company reported revenue of $875.7 million, representing a 9% year-over-year increase. While the sales expansion was solid, it was not at the level of a high-growth tech stock.
Should you buy stock in Docusign right now?
Before you buy stock in Docusign, consider this:
The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Docusign wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.
Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you’d have $414,015!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you’d have $1,385,459!*
Now, it’s worth noting Stock Advisor’s total average return is 960% — a market-crushing outperformance compared to 213% for the S&P 500. Don't miss the latest top 10 list, available with Stock Advisor, and join an investing community built by individual investors for individual investors.
*Stock Advisor returns as of September 9, 2026.
Robert Izquierdo has positions in Docusign. The Motley Fool has positions in and recommends Docusign. The Motley Fool has a disclosure policy.

DocuSign CFO Sells 45,000 Shares for $3.1 Million, Reducing Direct Holdings by a Whopping 36%

Key Points
Demand for Docusign's digital agreement tools soared at the height of the COVID-19 pandemic.
But that changed once lockdowns were lifted, resulting in a steep sell-off in Docusign stock.
Docusign now has a new platform that uses AI to transform contract management processes.
When the COVID-19 pandemic triggered widespread lockdowns and social restrictions in 2020, businesses turned to Docusign (NASDAQ: DOCU) to help them remotely draft, negotiate, and close commercial agreements. The soaring demand for its platform drove its stock to a record high of $310 in late 2021, a whopping tenfold increase from its initial public offering (IPO) price of $29 just three years earlier.
But Docusign suffered a sharp slowdown in demand for its platform when social conditions mostly returned to normal in 2022, and its sales growth has been sluggish ever since. As a result, its stock is down 78% from its peak, closing at $68.41 last Friday, Sept. 4.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
But this might be a great long-term opportunity for investors, because Docusign's new Intelligent Agreement Management (IAM) platform could be the key to turning its fortunes around. It uses artificial intelligence (AI) to transform contract management processes for businesses, and it's proving to be very popular with customers.
The IAM platform continues to expand
Docusign says around 65% of organizations still use four or more tools to manage their agreement workflows, creating friction and significant inefficiencies. In 2024, global consulting firm Deloitte found that businesses were collectively wasting around 55 billion hours per year due to poor contract management processes, resulting in $2 trillion in lost economic value. IAM was designed to help them recover some of that time and money.
IAM features a unique digital repository called Agreement Manager, where businesses have collectively stored over 300 million contracts. It uses AI to extract valuable information from each document and make it discoverable via a search function, so managers can quickly find expiry dates to get ahead of sales agreements that are about to lapse, or stop auto-renewals for contracts they no longer need.
In August, Docusign expanded IAM significantly with a series of new features. There is now an AI assistant powered by the company's AI engine, Iris, which stands ready to answer questions about any contract within the organization's ecosystem. Then there is Agent Studio, which allows businesses to build custom AI agents to help draft, negotiate, and close agreements.
IAM launched in 2024, so it's still a relatively new platform. Around 40,000 of Docusign's 1.9 million paying customers have adopted it so far, leaving significant room for growth.
Steady growth in revenue and profits
Docusign generated $875.7 million in revenue during its fiscal 2027 second quarter (ended July 31), topping management's forecast of $865 million to $869 million. It represented a modest 9% increase over the year-ago period, so the company isn't growing at a lightning-fast pace right now.
However, management is deliberately sacrificing some top-line growth to focus on profitability, resulting in a more sustainable business over the long term. While Docusign's revenue increased by 9% during the second quarter, its total operating expenses grew by just 2%, allowing more money to flow to the bottom line. This resulted in a 23% increase in the company's generally accepted accounting principles (GAAP) net income, which came in at $77.7 million.
Docusign delivered an even higher net income of $224.4 million on an adjusted (non-GAAP) basis, which excluded one-off and non-cash expenses. But investors shouldn't automatically dismiss items like the company's $148.6 million in stock-based compensation just because it's a non-cash expense. Whenever new shares are issued to employees as part of their compensation package, it dilutes the value of every existing share in circulation, which is a drag on investors' potential returns.
Docusign's valuation leaves room for upside
Docusign stock is currently trading at a price-to-sales (P/S) ratio of 4.1, which is a steep discount to its average of 11.8 since the company went public in 2018.
I think Docusign stock looks attractively valued right now, particularly because IAM has the potential to reignite the company's top-line growth. Management is forecasting $3.55 billion in total annual recurring revenue (ARR) by the end of fiscal 2027, with around 18.5% expected to come from IAM alone. At the end of fiscal 2025 (roughly 18 months ago), IAM represented just 2.3% of ARR, so adoption is ramping up at an explosive pace.
Therefore, Docusign stock could be a solid buy at the current price, given IAM could soon become a significant part of the business.
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1 Glorious Growth Stock Down 78% to Buy on the Dip in September

DocuSign (DOCU) came out with quarterly earnings of $0.97 per share, beating the Zacks Consensus Estimate of $0.80 per share. This compares to earnings of $0.72 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of 21.25%. A quarter ago, it was expected that this provider of electronic signature technology would post earnings of $0.79 per share when it actually produced earnings of $0.82, delivering a surprise of 3.80%.
Over the last four quarters, the company has surpassed consensus EPS estimates four times.
DocuSign, which belongs to the Zacks Technology Services industry, posted revenues of $736.03 million for the quarter ended July 2024, surpassing the Zacks Consensus Estimate by 1.36%. This compares to year-ago revenues of $687.69 million. The company has topped consensus revenue estimates four times over the last four quarters.
The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.
DocuSign shares have lost about 3.4% since the beginning of the year versus the S&P 500's gain of 15.7%.
What's Next for DocuSign?
While DocuSign has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?
There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.
Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.
Ahead of this earnings release, the estimate revisions trend for DocuSign: mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
It will be interesting to see how estimates for the coming quarters and current fiscal year change in the days ahead. The current consensus EPS estimate is $0.80 on $738.47 million in revenues for the coming quarter and $3.23 on $2.93 billion in revenues for the current fiscal year.
Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Technology Services is currently in the top 28% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.
Another stock from the same industry, Accolade (ACCD), has yet to report results for the quarter ended August 2024.
This company is expected to post quarterly loss of $0.45 per share in its upcoming report, which represents a year-over-year change of -4.7%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days.
Accolade's revenues are expected to be $105.09 million, up 8.5% from the year-ago quarter.
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DocuSign (DOCU) Q2 Earnings and Revenues Surpass Estimates

(RTTNews) - DOCUSIGN INC (DOCU) revealed earnings for its second quarter that Increases, from last year
The company's earnings totaled $77.715 million, or $0.40 per share. This compares with $62.970 million, or $0.30 per share, last year.
Excluding items, DOCUSIGN INC reported adjusted earnings of $224.463 million or $1.16 per share for the period.
The company's revenue for the period rose 9.4% to $875.746 million from $800.636 million last year.
DOCUSIGN INC earnings at a glance (GAAP) :
-Earnings: $77.715 Mln. vs. $62.970 Mln. last year. -EPS: $0.40 vs. $0.30 last year. -Revenue: $875.746 Mln vs. $800.636 Mln last year.
-Guidance: Next quarter revenue guidance: $ 886 M To $ 890 M Full year revenue guidance: $ 3.499 B To $ 3.507 B

DOCUSIGN INC Q2 Income Rises

Among the underlying components of the Russell 3000 index, we saw noteworthy options trading volume today in McDonald's Corp (Symbol: MCD), where a total of 55,218 contracts have traded so far, representing approximately 5.5 million underlying shares. That amounts to about 131.4% of MCD's average daily trading volume over the past month of 4.2 million shares. Especially high volume was seen for the $285 strike put option expiring September 18, 2026, with 3,809 contracts trading so far today, representing approximately 380,900 underlying shares of MCD. Below is a chart showing MCD's trailing twelve month trading history, with the $285 strike highlighted in orange:
CECO Environmental Corp. (Symbol: CECO) options are showing a volume of 10,526 contracts thus far today. That number of contracts represents approximately 1.1 million underlying shares, working out to a sizeable 125.7% of CECO's average daily trading volume over the past month, of 837,640 shares. Particularly high volume was seen for the $60 strike put option expiring October 16, 2026, with 3,500 contracts trading so far today, representing approximately 350,000 underlying shares of CECO. Below is a chart showing CECO's trailing twelve month trading history, with the $60 strike highlighted in orange:
And DocuSign Inc (Symbol: DOCU) options are showing a volume of 35,847 contracts thus far today. That number of contracts represents approximately 3.6 million underlying shares, working out to a sizeable 120.5% of DOCU's average daily trading volume over the past month, of 3.0 million shares. Particularly high volume was seen for the $67 strike call option expiring September 04, 2026, with 2,661 contracts trading so far today, representing approximately 266,100 underlying shares of DOCU. Below is a chart showing DOCU's trailing twelve month trading history, with the $67 strike highlighted in orange:
For the various different available expirations for MCD options, CECO options, or DOCU options, visit StockOptionsChannel.com.
Further MCD Research:

Periodand min./max. price, $	Price change, %		Volatility, %		Volume, $
Periodand min./max. price, $	DOCU	Industry	DOCU	Industry	Volume, $
Yesterday 82.0 - 85.9	-1.41	3.37	3.87	1.28	43.84M
Week 79.3 - 85.9	-0.08	3.65	3.71	4.93	1.07B
Month 63.9 - 85.9	21.31	2.86	9.53	11.62	4.16B
3 Months 52.7 - 85.9	49.16	4.38	20.26	20.56	10.46B
6 Months 41.4 - 85.9	72.23	7.88	31.89	32.67	18.10B
Year 40.2 - 85.9	11.62	15.86	47.40	52.46	36.18B
3 years 38.1 - 107.9	104.17	13.08	81.87	89.69	98.59B
5 years 38.1 - 288.1	-70.88	31.53	131.16	116.60	214.69B
All time 35.1 - 314.8	60.65	31.40	—	—	340.72B

DocuSign, Inc.

Price and volatility history

Risk ratios