Overview Dividends

(DOCU) DocuSign - Ratings and Ratios

Exchange: NASDAQ • Country: United States • Currency: USD • Type: Common Stock • ISIN: US2561631068

E-Signature, CLM, IAM, Notary, Identify

Application Software
Market Cap in USD: 14,015m
IPO / Inception: 2018-04-27
Return 12m vs S&P 500: -36.0%

EPS (Earnings per Share)

EPS (Earnings per Share) of DOCU over the last years for every Quarter: "2020-10": 0.22, "2021-01": 0.37, "2021-04": 0.44, "2021-07": 0.47, "2021-10": 0.58, "2022-01": 0.48, "2022-04": 0.38, "2022-07": 0.44, "2022-10": 0.57, "2023-01": 0.65, "2023-04": 0.72, "2023-07": 0.72, "2023-10": 0.79, "2024-01": 0.76, "2024-04": 0.82, "2024-07": 0.97, "2024-10": 0.9, "2025-01": 0.86, "2025-04": 0.9, "2025-07": 0.92, "2025-10": 1.01,
EPS CAGR: 21.94%
EPS Trend: 91.1%
Last SUE: 1.55
Qual. Beats: 3

Revenue

Revenue of DOCU over the last years for every Quarter: 2020-10: 382.923, 2021-01: 430.898, 2021-04: 469.078, 2021-07: 511.844, 2021-10: 545.463, 2022-01: 580.828, 2022-04: 588.692, 2022-07: 622.184, 2022-10: 645.463, 2023-01: 659.576, 2023-04: 661.388, 2023-07: 687.687, 2023-10: 700.421, 2024-01: 712.386, 2024-04: 709.64, 2024-07: 736.027, 2024-10: 754.82, 2025-01: 776.252, 2025-04: 763.654, 2025-07: 800.636, 2025-10: 818.35,
Rev. CAGR: 9.57%
Rev. Trend: 98.7%
Last SUE: 2.09
Qual. Beats: 6

Dividends

Currently no dividends paid
Risk via 5d forecast
Volatility 41.8%
Value at Risk 5%th 62.4%
Relative Tail Risk -9.14%
Reward TTM
Sharpe Ratio -0.53
Alpha -45.42
CAGR/Max DD 0.16
Character TTM
Hurst Exponent 0.451
Beta 1.253
Beta Downside 1.410
Drawdowns 3y
Max DD 43.20%
Mean DD 20.96%
Median DD 21.05%

Description: DOCU DocuSign October 30, 2025

DocuSign, Inc. (NASDAQ:DOCU) offers a cloud-based Intelligent Agreement Management (IAM) platform that combines electronic signatures, Contract Lifecycle Management (CLM), document generation, and niche solutions such as remote notarization, signer-identification, and real-estate transaction workflows, all compliant with FedRAMP and industry-specific regulations.

In FY 2023 the company generated roughly $2.1 billion in revenue-a ~20% YoY increase-and reported an annual recurring revenue (ARR) run-rate exceeding $2.3 billion with gross margins above 80%. Growth is being propelled by macro trends like sustained remote-work adoption, heightened demand for secure digital transaction infrastructure, and regulatory pushes for electronic record-keeping, while competition from Adobe Sign and emerging AI-driven contract tools intensifies market pressure.

For a deeper, data-rich assessment of DocuSign’s valuation dynamics, you may find the analytics on ValueRay worth a look.

Piotroski VR‑10 (Strict, 0-10) 7.5

Net Income (302.3m TTM) > 0 and > 6% of Revenue (6% = 189.5m TTM)
FCFTA 0.25 (>2.0%) and ΔFCFTA 1.22pp (YES ≥ +1.0pp, WARN ≥ +0.5pp)
NWC/Revenue -15.09% (prev -9.16%; Δ -5.92pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp)
CFO/TA 0.28 (>3.0%) and CFO 1.10b > Net Income 302.3m (YES >=105%, WARN >=100%)
Net Debt (-449.9m) to EBITDA (571.4m) ratio: -0.79 <= 3.0 (WARN <= 3.5)
Current Ratio 0.73 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active)
Outstanding Shares last Quarter (210.6m) change vs 12m ago 0.91% (target <= -2.0% for YES)
Gross Margin 79.31% (prev 79.08%; Δ 0.23pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0)
Asset Turnover 81.50% (prev 77.26%; Δ 4.24pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0)
Interest Coverage Ratio 133.9 (EBITDA TTM 571.4m / Interest Expense TTM 2.36m) >= 6 (WARN >= 3)

Altman Z'' -2.49

(A) -0.12 = (Total Current Assets 1.31b - Total Current Liabilities 1.78b) / Total Assets 3.98b
(B) -0.42 = Retained Earnings (Balance) -1.67b / Total Assets 3.98b
(C) 0.08 = EBIT TTM 316.0m / Avg Total Assets 3.88b
(D) -0.84 = Book Value of Equity -1.68b / Total Liabilities 2.00b
Total Rating: -2.49 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D)

ValueRay F-Score (Strict, 0-100) 86.12

1. Piotroski 7.50pt
2. FCF Yield 7.42%
3. FCF Margin 31.27%
4. Debt/Equity 0.08
5. Debt/Ebitda -0.79
6. ROIC - WACC (= 3.35)%
7. RoE 15.14%
8. Rev. Trend 98.71%
9. EPS Trend 91.09%

What is the price of DOCU shares?

As of December 30, 2025, the stock is trading at USD 69.47 with a total of 1,615,258 shares traded.
Over the past week, the price has changed by -1.36%, over one month by +1.67%, over three months by -15.42% and over the past year by -24.24%.

Is DOCU a buy, sell or hold?

DocuSign has received a consensus analysts rating of 3.30. Therefor, it is recommend to hold DOCU.
  • Strong Buy: 3
  • Buy: 3
  • Hold: 16
  • Sell: 0
  • Strong Sell: 1

What are the forecasts/targets for the DOCU price?

Issuer Target Up/Down from current
Wallstreet Target Price 86.5 24.5%
Analysts Target Price 86.5 24.5%
ValueRay Target Price 65.2 -6.1%

DOCU Fundamental Data Overview December 23, 2025

Market Cap USD = 14.02b (14.02b USD * 1.0 USD.USD)
P/E Trailing = 48.9371
P/E Forward = 16.7224
P/S = 4.4367
P/B = 7.0729
P/EG = 0.4099
Beta = 0.986
Revenue TTM = 3.16b USD
EBIT TTM = 316.0m USD
EBITDA TTM = 571.4m USD
Long Term Debt = 150.4m USD (from capitalLeaseObligations, last quarter)
Short Term Debt = 15.8m USD (from shortTermDebt, last quarter)
Debt = 150.4m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = -449.9m USD (from netDebt column, last quarter)
Enterprise Value = 13.31b USD (14.02b + Debt 150.4m - CCE 856.9m)
Interest Coverage Ratio = 133.9 (Ebit TTM 316.0m / Interest Expense TTM 2.36m)
FCF Yield = 7.42% (FCF TTM 987.9m / Enterprise Value 13.31b)
FCF Margin = 31.27% (FCF TTM 987.9m / Revenue TTM 3.16b)
Net Margin = 9.57% (Net Income TTM 302.3m / Revenue TTM 3.16b)
Gross Margin = 79.31% ((Revenue TTM 3.16b - Cost of Revenue TTM 653.5m) / Revenue TTM)
Gross Margin QoQ = 79.16% (prev 79.33%)
Tobins Q-Ratio = 3.34 (Enterprise Value 13.31b / Total Assets 3.98b)
Interest Expense / Debt = 0.43% (Interest Expense 654.0k / Debt 150.4m)
Taxrate = 12.36% (11.8m / 95.5m)
NOPAT = 277.0m (EBIT 316.0m * (1 - 12.36%))
Current Ratio = 0.73 (Total Current Assets 1.31b / Total Current Liabilities 1.78b)
Debt / Equity = 0.08 (Debt 150.4m / totalStockholderEquity, last quarter 1.98b)
Debt / EBITDA = -0.79 (Net Debt -449.9m / EBITDA 571.4m)
Debt / FCF = -0.46 (Net Debt -449.9m / FCF TTM 987.9m)
Total Stockholder Equity = 2.00b (last 4 quarters mean from totalStockholderEquity)
RoA = 7.59% (Net Income 302.3m / Total Assets 3.98b)
RoE = 15.14% (Net Income TTM 302.3m / Total Stockholder Equity 2.00b)
RoCE = 14.72% (EBIT 316.0m / Capital Employed (Equity 2.00b + L.T.Debt 150.4m))
RoIC = 13.87% (NOPAT 277.0m / Invested Capital 2.00b)
WACC = 10.52% (E(14.02b)/V(14.17b) * Re(10.63%) + D(150.4m)/V(14.17b) * Rd(0.43%) * (1-Tc(0.12)))
Discount Rate = 10.63% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 100.0 | Cagr: 0.61%
[DCF Debug] Terminal Value 71.53% ; FCFE base≈948.5m ; Y1≈1.07b ; Y5≈1.44b
Fair Price DCF = 81.84 (DCF Value 16.39b / Shares Outstanding 200.3m; 5y FCF grow 14.71% → 3.0% )
EPS Correlation: 91.09 | EPS CAGR: 21.94% | SUE: 1.55 | # QB: 3
Revenue Correlation: 98.71 | Revenue CAGR: 9.57% | SUE: 2.09 | # QB: 6
EPS next Quarter (2026-04-30): EPS=0.95 | Chg30d=+0.007 | Revisions Net=+3 | Analysts=17
EPS next Year (2027-01-31): EPS=4.11 | Chg30d=+0.082 | Revisions Net=+18 | Growth EPS=+8.8% | Growth Revenue=+6.9%

Additional Sources for DOCU Stock

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