Docusign (DOCU)
NASDAQInformation TechnologySoftware - ApplicationSnapshot 2026-09-04
$68.41+3.70%
Close 2026-09-04 · 1-day change
NASDAQInformation TechnologySoftware - ApplicationSnapshot 2026-09-04
QuarterlyIQ Insights · DOCU
What must go right, what could break, what the price assumes, and what evidence comes next.
The current health of the standing investment case.
Recent financial performance is holding in the top half of its industry — the reason to own it looks intact.
One-year growth currently built into the price, compared with our model's estimate.
| Measure | Marker shape | Value |
|---|---|---|
| Growth built into the price | circle | -22.2% |
| Our one-year growth estimate | diamond |
For each item: what to watch, what would become a concern, and what would make it less concerning.
A reporting-risk estimate, not a forecast of the stock-price response.
Historical relationships that met the evidence threshold. They do not prove cause or forecast a move.
Usually moved in the same direction.
Price observations: 365 days
Most sensitive to the broad stock market.
Based on historical daily prices through 2026-09-04.
Past price behavior in dollars on a $10,000 position. This does not measure permanent business risk.
How much price usually moves either way.
Use the underlying financial and sector pages to investigate the cause.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
| 10.1% |
Growth built into the price is above our model estimate.
The price assumes 32.3 percentage points less one-year growth.
The one-year revenue growth assumption on Valuation.
Model as of 2026-09-04 · Compared with 119 industry peers · Company calendar date is not available
DOCU — earnings miss
Dated 2026-09-03
Results of Operations and Financial Condition. On September 3, 2026, Docusign, Inc. (the “Company”) reported financial results for the three and six months ended July 31, 2026. A copy of the press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K. The press release is being furnished and shall not be deemed to be “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that section or Sections 11 an…
Why it matters: If sector revenue growth drops, it may impact Docusign's growth. This is important as the sector is currently in a growth phase.
Worry ifSector revenue growth reported below its median.
Less concerning ifSector revenue growth remains above its median.
Why it matters: If new AI features are adopted well, they could boost revenue and Docusign's market position.
Watch forMore than 10,000 customers use new AI features within three months.
Also watch forFewer than 5,000 customers use new AI features. This shows low interest or effectiveness.
Why it matters: If operating income is over this amount, it shows Docusign is controlling costs well. This helps their goal of increasing operating income.
Supportive ifOperating income was over $90M for Q2.
Worry ifOperating income was under $80M for Q2.
Why it matters: Ongoing buybacks show that management trusts the stock. It also shows they want to give value back to shareholders.
Supportive ifStock buybacks reach or exceed $317.5 million.
Worry ifStock buybacks fall below $317.5 million.
We watch for confirming and disproving signals on each item. Resolutions are found automatically where possible and checked by hand for unclear cases. Last 90 days shown.
A larger daily loss that occurred about once in every 20 trading days.
Deepest peak-to-trough drop in the last year.
| Measure | Value | Meaning |
|---|---|---|
| Typical day | ±$202 on $10,000 · ±2.0% | How much price usually moves either way. |
| Bad day | $525 loss on $10,000 · 5.2% | A larger daily loss that occurred about once in every 20 trading days. |
| Largest peak-to-trough drop in the past year | $5,089 loss on $10,000 · 50.9% | Deepest peak-to-trough drop in the last year. |
Past year. 1.00 means similar movement; 1.20 means about 20% more.
Past year. 1.00 means similar movement to the sector. This is secondary context.
Latest 30 trading days, shown as an annual percentage.
Latest 252 trading days, shown as an annual percentage.
20-trading-day average in US dollars.
Trading days used by the source risk snapshot.
Past results, not a forecast. Not investment advice.
Why it matters: An increase in ARR growth rate indicates strong demand for Docusign's services. This could boost investor confidence.
Supportive ifARR growth rate exceeds 8.75% year-over-year.
Worry ifARR growth rate drops below 8.25% year-over-year.
Why it matters: Updates on the IAM platform will show how well Docusign is executing its growth strategy in AI.
Watch forDocusign shares news about new features or big partnerships for the IAM platform.
Also watch forNo new features or partnerships are announced for the IAM platform.
Why it matters: Exceeding this amount shows Docusign is improving cash flow. It supports their goal of enhancing cash from operations.
Supportive ifCash from operations reported above $400M for Q2.
Worry ifCash from operations reported below $350M for Q2.
Why it matters: This shows Docusign can keep growing revenue and meet what investors want.
Supportive ifGuidance for revenue growth of 8% or more for the quarter ending July 31, 2026.
Worry ifGuidance for revenue growth below 8% for the quarter ending July 31, 2026.
Why it matters: If Docusign meets or beats guidance, it shows strong demand for its services.
Supportive ifQ3 revenue reported at $886 million or higher.
Worry ifQ3 revenue reported below $886 million.
Why it matters: IAM's growing share shows that people are using AI-driven solutions. This is important for future growth.
Supportive ifIAM represents 18% or more of total ARR at the end of Q4.
Worry ifIAM remains below 18% of total ARR.
Why it matters: Docusign has strong free cash flow. This helps it invest in growth and pay shareholders.
Supportive ifFree cash flow reported above $295 million.
Worry ifFree cash flow reported below $295 million.