It’s Not A Fantasy To Think That DocuSign Inc (DOCU) Has Big Future Potential

DocuSign Inc (NASDAQ:DOCU) currently has a daily average trading volume of 2.56M but it saw 2234081 shares traded in last market. With a market cap of 17.23B USD, the company’s current market price of $85.11 came falling about -0.58 while comparing to the previous closing price of $85.61. In past 52 weeks, the stock remained buoying in the range of price level as high as $107.86 and as low as $48.70. In the recent trading on the day, stock has struck highest price mark of $84.58 while lowest mark touched by it was $87.49.

Taking a look at 20-day trading activity of DocuSign Inc (DOCU) gives us an average price of $81.94, while its current price level is -21.09% below from 52-week high level whereas it is 74.76% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $87.60 while that of 200 days or SMA-200 reads an average of $71.70. A closer look into the stock’s movement over the week reveals that its volatility is standing at 5.63% during that period while stretching the period over a month that decreases to 4.68%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 52.04 which implies that the stock is in neutral territory.

JP Morgan upgraded its recommendation for the stock as a “Neutral” from “Underweight” on March 10, 2025 while assigning a price target range of $70-$75.

Over the week, DOCU’s stock price is moving 13.94% up while it is -1.87% when we observe its performance for the past one month. Year-to-date it is -5.37% down and over the past year, the stock is showing an upside performance of 46.44%.

The company is expected to be releasing its next quarterly report on 2025-Mar-12, for which analysts forecasted an EPS of 0.81 while estimate for next year EPS is 3.51. In next quarter, company is expected to be making quarterly sales of $775.04M as analysts are expecting the sales for current fiscal year at $3.14B and seeing the company making $3.37B in sales next year. Moreover, analysts are in estimates of $749.16M for current-quarter revenue.

Currently, DocuSign Inc’s total number of outstanding shares is 202.48M with 1.08% of that held by the insiders while 89.54% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 50.66% and return on equity (ROE) at 68.18%. It has a price to earnings ratio (P/E ratio) of 16.64 while having a 22.06 of forward P/E ratio. Stock’s beta reads 1.19. Stock has a price to book (P/B) ratio of 8.60 while price to sale or P/S ratio amounts to 5.79. Its return on asset (ROA) is 30.58% on average.