Expectations trend
FY2027 · fiscal year ending 2027-12-31 · fmp
CS Disco, Inc. (LAW)
NYSEInformation TechnologySoftware - ApplicationSnapshot 2026-11-04
$5.62-1.92%
Close 2026-11-05 · 1-day change
NYSEInformation TechnologySoftware - ApplicationSnapshot 2026-11-04
The long-term thesis, the evidence coming in, and the environment around it. Thesis dated Jul 8, 2026.
Next-FY EPS estimate change · 30 days
Matching fiscal periods, usable estimates and at least one analyst are required.
One observable signal. This measures changing earnings expectations, not the probability of a gain or loss.
The calculation requires same-period, same-provider snapshots, positive EPS, at least one analyst and a baseline within three days of the requested lookback.
The EPS and P/E reference is not available for LAW yet.
| Measure / period | Management expectations | Analyst expectations |
|---|
Management figures unavailable.
Current consensus figures unavailable.
Three published thesis conditions, with dated milestones shown separately.
| Key Factor | Why It Matters | Current Status | Break Condition | Latest Evidence |
|---|---|---|---|---|
Adjusted EBITDA improves towards positive but remains negative in 2026 | A primary condition in CS Disco, Inc.'s published investment case. The stated target is >=-4.5 million USD and <=-2.5 million USD. | Broken | adjusted EBITDA loss worsens beyond -$4.5 million in FY26 | Direct metric needs a verified mapping The published measure or accounting basis is not supported by an exact source binding. Date unavailableLast status assessment Nov 4, 2026Compare required operating outcomesCompare scope, accounting basis and period before treating this evidence as progress against an annual requirement. |
Compare these dated observations with the operating requirements above
FY2027 · fiscal year ending 2027-12-31 · fmp
The evidence, the remaining questions, and what comes next
No recovery evidence is reported in the available driver assessments.
Next earnings date unavailable
Observed price history; separate from operating scenarios
The weekly editorial context below is a separate assessment from the dated monitor evidence above. Recovery observations do not automatically change the published thesis. Unverified outside influences are hypotheses, not measured driver evidence.
This is a high-risk growth business, not yet a profitable compounder, because it is still losing money. The long-term thesis is on watch: management is growing software and total revenue, while recent performance remains weak and the signal has turned cautious.
The evidence describes LAW as cheap versus peers, with low confidence in that valuation assessment. The expectations gap is negative, which suggests the market’s assumptions are difficult for the current fundamentals to support; the evidence does not specify those assumptions in detail.
Near term, software revenue and total revenue have continued to grow, but adjusted EBITDA remains negative and recent financial performance is well below the industry cohort. The August earnings miss and risk of a guidance cut are key concerns, while progress toward positive adjusted EBITDA is mixed.
Over the next few quarters, the thesis depends on continued software and customer growth alongside a clearer path to positive adjusted EBITDA. A guidance cut would add pressure to the business outlook; easing rates or stabilization among large technology companies could improve the sector backdrop, but neither is established in the evidence.
Over a 1 to 3 year view, LAW has revenue growth to build on, but persistent losses, weak recent performance, and high risk keep the thesis cautious. Not investment advice.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
Stated in 3 of 3 supplied quarters. Management reported: ““Importantly, we also reached break-even Adjusted EBITDA in Q3 - a full quarter ahead of schedule."”
Software revenue reaches about $146M to $152.5M in 2026 | CS Disco aims to grow software revenue to about $152.5 million in 2026. | Intact | software revenue falls below $146 million in FY26 | Software revenue: $36.842M FY2026-Q2; reported segment. Published target: >=146 million USD. Annual target cannot be compared with a quarterly or TTM observation. Aug 5, 202636,842,000 USD · source valueLast status assessment Nov 4, 2026Compare required operating outcomesCompare scope, accounting basis and period before treating this evidence as progress against an annual requirement. Management contextStated in 3 of 3 supplied quarters. Management reported: “"DISCO had another strong quarter building AI for Litigators, paced by our sixth consecutive quarter of double-digit software growth, rapid growth in our DISCO Platform, which has grown 10x since Q1 2026, and continued customer enthusiasm for our unified litigation solution which just added a second cohort to our pilot program,” said Eric Friedrichsen, CEO of DISCO.” Delivery assessment Nov 4, 2026 |
Total revenue reaches about $169.25M to $178.75M in 2026 | A primary condition in CS Disco, Inc.'s published investment case. The stated target is >=169.25 million USD. | Intact | total revenue falls below $169.25 million in FY26 | Revenue: $45.34M FY2026-Q3; GAAP. Published target: >=169.25 million USD. Annual target cannot be compared with a quarterly or TTM observation. Nov 4, 202645,340,000 USD · source valueLast status assessment Nov 4, 2026Compare required operating outcomesCompare scope, accounting basis and period before treating this evidence as progress against an annual requirement. Management contextStated in 3 of 3 supplied quarters. Management reported: “"DISCO had another strong quarter building AI for Litigators, paced by our sixth consecutive quarter of double-digit software growth, rapid growth in our DISCO Platform, which has grown 10x since Q1 2026, and continued customer enthusiasm for our unified litigation solution which just added a second cohort to our pilot program,” said Eric Friedrichsen, CEO of DISCO.” Revenue was $45.340 million in 2026-Q3. Delivery assessment Nov 4, 2026 |
Stored thesis · Jul 8, 2026. Latest Evidence uses source-matched measurements where available, alongside the last thesis-monitor assessment. Source periods and assessment dates are shown separately. A new measurement does not automatically change the published status or verify an older target.
$-0.03 → $-0.03 · observed estimates
$0.19B → $0.19B · observed estimates
One fiscal period and provider throughout. At least five contributors are required for each plotted metric; missing coverage stays a gap. Axes show the observed range. Counts measure coverage, not revisions.
| Snapshot | EPS | Revenue | EPS / revenue analysts |
|---|---|---|---|
| 2026-07-24 | $-0.03 | $194,223,800 | 3 / 3 |
| 2026-07-25 | $-0.03 | $194,223,800 | 3 / 3 |
| 2026-07-26 | $-0.03 | $194,223,670 | 3 / 3 |
| 2026-07-27 | $-0.03 | $194,223,670 | 3 / 3 |
| 2026-07-28 | $-0.03 | $194,223,670 | 3 / 3 |
| 2026-07-29 | $-0.03 | $194,223,670 | 3 / 3 |
| 2026-07-30 | $-0.03 | $194,223,670 | 3 / 3 |
| 2026-07-31 | $-0.03 | $194,223,670 | 3 / 3 |
| 2026-08-01 | $-0.03 | $194,223,800 | 3 / 3 |
| 2026-08-02 | $-0.03 | $194,223,800 | 3 / 3 |
| 2026-08-03 | $-0.03 | $194,223,670 | 3 / 3 |
| 2026-08-04 | $-0.03 | $194,223,670 | 3 / 3 |
| 2026-08-05 | $-0.03 | $194,223,670 | 3 / 3 |
| 2026-08-06 | $-0.03 | $194,223,800 | 3 / 3 |
| 2026-08-07 | $-0.03 | $194,222,467 | 2 / 3 |
| 2026-08-08 | $-0.03 | $194,231,670 | 2 / 3 |
| 2026-08-09 | $-0.03 | $194,231,670 | 2 / 3 |
| 2026-08-10 | $-0.03 | $194,222,467 | 2 / 3 |
| 2026-08-12 | $-0.03 | $194,222,467 | 2 / 3 |
| 2026-08-13 | $-0.03 | $194,222,467 | 2 / 3 |
| 2026-08-14 | $-0.03 | $194,222,467 | 2 / 3 |
| 2026-08-15 | $-0.03 | $194,222,467 | 2 / 3 |
| 2026-08-16 | $-0.03 | $194,222,467 | 2 / 3 |
| 2026-08-17 | $-0.03 | $194,222,467 | 2 / 3 |
| 2026-08-18 | $-0.03 | $194,222,467 | 2 / 3 |
| 2026-08-19 | $-0.03 | $194,222,467 | 2 / 3 |
| 2026-08-20 | $-0.03 | $194,231,667 | 3 / 3 |
| 2026-08-21 | $-0.03 | $194,231,667 | 3 / 3 |
| 2026-08-22 | $-0.03 | $194,231,667 | 3 / 3 |
| 2026-08-23 | $-0.03 | $194,231,667 | 3 / 3 |
| 2026-08-24 | $-0.03 | $194,231,667 | 3 / 3 |
| 2026-08-25 | $-0.03 | $194,222,480 | 3 / 3 |
| 2026-08-26 | $-0.03 | $194,222,480 | 3 / 3 |
| 2026-08-27 | $-0.03 | $194,222,480 | 3 / 3 |
| 2026-08-28 | $-0.03 | $194,222,480 | 3 / 3 |
| 2026-08-29 | $-0.03 | $194,222,480 | 3 / 3 |
| 2026-08-30 | $-0.03 | $194,222,480 | 3 / 3 |
| 2026-08-31 | $-0.03 | $194,222,480 | 3 / 3 |
| 2026-09-01 | $-0.03 | $194,222,480 | 3 / 3 |
| 2026-09-02 | $-0.03 | $194,222,480 | 3 / 3 |
| 2026-09-03 | $-0.03 | $194,222,480 | 3 / 3 |
| 2026-09-04 | $-0.03 | $194,222,480 | 3 / 3 |
| 2026-09-05 | $-0.03 | $194,222,480 | 3 / 3 |
| 2026-09-06 | $-0.03 | $194,222,480 | 3 / 3 |
| 2026-09-07 | $-0.03 | $194,222,480 | 3 / 3 |
| 2026-09-08 | $-0.03 | $194,222,480 | 3 / 3 |
| 2026-09-09 | $-0.03 | $194,222,480 | 3 / 3 |
| 2026-09-10 | $-0.03 | $194,222,480 | 3 / 3 |
| 2026-09-11 | $-0.03 | $194,222,480 | 3 / 3 |
| 2026-09-12 | $-0.03 | $194,222,480 | 3 / 3 |
| 2026-09-13 | $-0.03 | $194,222,480 | 3 / 3 |
| 2026-09-14 | $-0.03 | $194,222,480 | 3 / 3 |
| 2026-09-15 | $-0.03 | $194,222,480 | 3 / 3 |
| 2026-09-16 | $-0.03 | $194,222,480 | 3 / 3 |
| 2026-09-17 | $-0.03 | $194,222,480 | 3 / 3 |
| 2026-09-18 | $-0.03 | $194,222,480 | 3 / 3 |
| 2026-09-19 | $-0.03 | $194,222,480 | 3 / 3 |
| 2026-09-20 | $-0.03 | $194,222,480 | 3 / 3 |
| 2026-09-21 | $-0.03 | $194,222,480 | 3 / 3 |
| 2026-09-22 | $-0.03 | $194,222,480 | 3 / 3 |
| 2026-09-23 | $-0.03 | $194,222,480 | 3 / 3 |
| 2026-09-24 | $-0.03 | $194,222,480 | 3 / 3 |
| 2026-09-25 | $-0.03 | $194,222,480 | 3 / 3 |
| 2026-09-26 | $-0.03 | $194,222,480 | 3 / 3 |
| 2026-09-27 | $-0.03 | $194,222,480 | 3 / 3 |
| 2026-09-28 | $-0.03 | $194,222,480 | 3 / 3 |
| 2026-09-29 | $-0.03 | $194,222,480 | 3 / 3 |
| 2026-09-30 | $-0.03 | $194,222,480 | 3 / 3 |
| 2026-10-01 | $-0.03 | $194,222,480 | 3 / 3 |
| 2026-10-02 | $-0.03 | $194,222,480 | 3 / 3 |
| 2026-10-03 | $-0.03 | $194,222,480 | 3 / 3 |
| 2026-10-04 | $-0.03 | $194,222,480 | 3 / 3 |
| 2026-10-05 | $-0.03 | $194,222,480 | 3 / 3 |
| 2026-10-06 | $-0.03 | $194,222,480 | 3 / 3 |
| 2026-10-07 | $-0.03 | $194,222,480 | 3 / 3 |
| 2026-10-08 | $-0.03 | $194,222,480 | 3 / 3 |
| 2026-10-09 | $-0.03 | $194,222,480 | 3 / 3 |
| 2026-10-10 | $-0.03 | $194,222,480 | 3 / 3 |
| 2026-10-11 | $-0.03 | $194,222,480 | 3 / 3 |
| 2026-10-12 | $-0.03 | $194,222,480 | 3 / 3 |
| 2026-10-13 | $-0.03 | $194,222,480 | 3 / 3 |
| 2026-10-14 | $-0.03 | $194,222,480 | 3 / 3 |
| 2026-10-15 | $-0.03 | $194,222,480 | 3 / 3 |
| 2026-10-16 | $-0.03 | $194,222,480 | 3 / 3 |
| 2026-10-17 | $-0.03 | $194,222,480 | 3 / 3 |
| 2026-10-18 | $-0.03 | $194,222,480 | 3 / 3 |
| 2026-10-19 | $-0.03 | $194,222,480 | 3 / 3 |
| 2026-10-20 | $-0.03 | $194,222,480 | 3 / 3 |
| 2026-10-21 | $-0.03 | $194,222,480 | 3 / 3 |
| 2026-10-22 | $-0.03 | $194,222,480 | 3 / 3 |
| 2026-10-23 | $-0.03 | $194,222,480 | 3 / 3 |
| 2026-10-24 | $-0.03 | $194,222,480 | 3 / 3 |
| 2026-10-25 | $-0.03 | $194,222,480 | 3 / 3 |
| 2026-10-26 | $-0.03 | $194,222,480 | 3 / 3 |
| 2026-10-27 | $-0.03 | $194,222,480 | 3 / 3 |
| 2026-10-28 | $-0.03 | $194,222,480 | 3 / 3 |
| 2026-10-29 | $-0.03 | $194,222,480 | 3 / 3 |
| 2026-10-30 | $-0.03 | $194,222,480 | 3 / 3 |
| 2026-10-31 | $-0.03 | $194,222,480 | 3 / 3 |
| 2026-11-01 | $-0.03 | $194,222,480 | 3 / 3 |
| 2026-11-02 | $-0.03 | $194,222,480 | 3 / 3 |
| 2026-11-03 | $-0.03 | $194,222,480 | 3 / 3 |
| 2026-11-04 | $-0.03 | $194,222,480 | 3 / 3 |
Revenue and EPS estimates track expectations. They are not delivered results or like-for-like proof of a required annual path.
Latest: 2 Buy / Strong Buy · 1 Hold · 0 Sell / Strong Sell
Recent actions · Oct 6–Nov 4 · 0 recorded
Individual price-target observations are unavailable.
0 raises · 0 cuts · 0 unchanged · 0 without a comparable prior
Oct 6, 2026–Nov 4, 2026. Each firm's latest positive target is paired only with its immediately prior positive target from the same provider, at most 180 days earlier. Unmatched observations have one dot; conflicting observations are not compared.
Look for updated results and guidance against the published targets, plus direct evidence for unresolved drivers.
3 of 3 published conditions remain under pressure or need verification. The next results need to address those conditions.
The dated weekly assessment and its assumptions are available in Read detailed Outlook.