Home 
Today's Top Picks 
Top Performers 
Watchlist 
My Robo Portfolios 
ETF Zone 
How It Works 
News - Chart
- Upturn Summary
- Highlights
- Revenue
- Valuation
Upturn AI Summary - About
DocuSign Inc(DOCU)
Advisory History & Simulated Performance *
*as per simulation (see disclosures)- ALL
- 1Y
- 1M
- 1W
- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- PASS (Skip)
Stock price based on last close Advisory Performance History (Simulated)
Upturn Advisory & Investor View for DOCU
09/23/2026: DOCU (3-star) is a STRONG-BUY. BUY for 49 days. Simulated Profits (30.18%). Updated daily EoD!
DocuSign is a leading provider of digital agreement technology, best known for its electronic signature software. The company has successfully built a robust, high-trust platform that is integrated into the core workflows of large enterprises. Its primary growth opportunity lies in transitioning from a point-solution for signatures to a broader Intelligent Agreement Management (IAM) platform powered by AI. However, the company faces significant risks from commoditization and bundling by large productivity-suite incumbents. The stock may best suit growth-oriented investors who are monitoring the firm’s ability to maintain its leading position while navigating a more competitive, margin-focused mature software market.
How to Read the Upturn Advisory
The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.
Company fundamentals, valuation, risks, and news provide supporting context about the business.
Investor Fit
| Investor style | Fit | Why |
|---|---|---|
| Growth investor | Mixed fit | DocuSign has transitioned from high-growth to a more mature SaaS model, requiring a focus on margin expansion. |
| Momentum investor | Mixed fit | Momentum fit is conditional on a sustained upturn in growth rates or significant market share wins in new product categories. |
| Value investor | Mixed fit | Valuation has become more reasonable after recent pullbacks, though it remains a growth-oriented asset. |
| Dividend investor | Weak fit | The company does not pay a dividend and prioritizes capital reinvestment. |
| Low-risk investor | Weak fit | The stock exhibits high price volatility and sensitivity to interest rate changes affecting SaaS valuations. |
Risk Profile
| Risk factor | Level | Why it matters |
|---|---|---|
| Price volatility | High | The stock is sensitive to growth expectations and tech sector sentiment. |
| Valuation risk | Medium / high | Market expectations for long-term growth remain a primary driver of the stock price. |
| Competition risk (AI and productivity suites) | High | Competition from integrated offerings by Microsoft and Adobe threatens core pricing power. |
| Business quality | Strong | DocuSign has a strong, sticky customer base with high retention rates. |
| Dividend income | Low / none | Investors should not expect income generation from this stock. |
| Execution risk | Medium | Successful expansion into the broader IAM platform is critical for future growth. |
Price Behavior
Strong Uptrend
The stock has maintained a strong upward price trend across the last three quarters.
Choppy
The stock has experienced frequent reversals and pronounced short-term price swings.
Analysis of Past Performance
Type Stock | Historic Profit 42.01% | Avg. Invested days 44 | Today’s Advisory Strong Buy |
Upturn Advisory Rating  | Upturn Advisory Performance  3.0 | Stock Returns Performance  3.0 |
| Profits based on simulation | Last Close 09/23/2026 |
Upturn Scorecard
Upturn Star Rating 
Company Fundamentals
Financial Health Rating
Growth Momentum Score
Ownership
Top 5 Institutional Investors
Unit Economics (Per $1K Revenue)
Economic Dimensions
Quantitative Style Profile
Style Classification
Quality Focused
Key Highlights
Company Size Large-Cap Stock | Market Capitalization 12.99B USD | Price to earnings Ratio 43.43 | 1Y Target Price 69.99 |
Price to earnings Ratio 43.43 | 1Y Target Price 69.99 | ||
Volume (30-day avg) 3.6M shares | Beta 0.9 | 52 Weeks Range 40.16 - 83.29 | Updated Date 09/23/2026 |
52 Weeks Range 40.16 - 83.29 | Updated Date 09/23/2026 | ||
Dividends yield (FY) - | Basic EPS (TTM) 1.6 |
How Company Makes Money
| Business area | What it includes | Retail investor read |
|---|---|---|
| Subscription Revenue | Recurring fees for accessing eSignature, CLM, and IAM platform features. | This is the core, stable engine of the company. |
| Professional Services | Consulting and implementation fees for large enterprise deployments. | These are one-time fees that help land big customers. |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Revenue by Geography
Geography revenue - Year on Year
Earnings Date
Report Date 2026-09-03 | When After Market | Estimate 0.44 | Actual 0.36 |
Profitability
Profit Margin 9.82% | Operating Margin (TTM) 13.43% |
Management Effectiveness
Return on Assets (TTM) 6.35% | Return on Equity (TTM) 17.8% |
Valuation
Trailing PE 43.43 | Forward PE 14.53 | Enterprise Value 11.88B | Price to Sales(TTM) 3.86 |
Enterprise Value 11.88B | Price to Sales(TTM) 3.86 | ||
Enterprise Value to Revenue 3.54 | Enterprise Value to EBITDA 21.03 | Shares Outstanding 186.90M | Shares Floating 185.71M |
Shares Outstanding 186.90M | Shares Floating 185.71M | ||
Percent Insiders 0.55 | Percent Institutions 95.97 |
Upturn AI Summary
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
Financial Metrics
🧭 Investment Snapshot
Total Revenue (Scale)
Total money earned from selling products or services before any costs. It is needed to understand the scale of the business and its ability to generate income.
Net Income (Profit)
Final profit after all expenses, interest, and taxes are deducted. It is needed to determine the overall profitability available to shareholders.
Free Cash Flow (Cash Strength)
Cash remaining after operating activities and capital expenditures, showing cash available for growth. It is needed to evaluate the company’s ability to invest, pay dividends, or reduce debt.
📈 Growth & Strength
Operating Income (Core Profit)
Profit from core operations after deducting all operating expenses. It is needed to measure how efficiently the company runs its primary business activities.
EBITDA (Cash Earnings)
Earnings before interest, taxes, depreciation, and amortization, indicating operating cash potential. It is needed to compare operating performance across companies without accounting or financing differences.
Gross Profit (Unit Profitability)
Revenue minus cost of revenue, showing profit after direct production costs. It is needed to evaluate core business profitability before overhead expenses.
🛡️ Financial Safety
Cash (Liquidity Buffer)
Total cash and cash equivalents on hand. It is needed to evaluate immediate liquidity and financial flexibility.
Total Debt (Leverage Risk)
Total debt including both short-term and long-term components. It is needed to assess the company’s leverage and financial risk.
Net Working Capital (Short-Term Health)
Current assets minus current liabilities, indicating short-term liquidity strength. It is needed to assess whether the company can meet its short-term obligations.
🧱 Balance Sheet Strength
Stockholder Equity (Net Worth)
Total equity value held by shareholders. It is needed to understand the net worth of the company from the owners’ perspective.
Total Assets (Asset Base)
The full value of everything the company owns, including cash, inventory, equipment, and investments. It is needed to understand the resource base used to generate revenue.
Income Before Tax (Pre-Tax Earnings)
Income before provision for income taxes. It is needed to analyze profitability independent of tax structures.
⚙️ Cost & Drag Factors
Cost of Revenue (Production Cost)
Direct costs required to produce and deliver the products or services sold. It is needed to assess efficiency in production and service delivery.
Total Operating Expenses (Operating Cost)
Indirect costs of running the business such as salaries, marketing, and administration. It is needed to understand how much it costs to sustain ongoing business operations.
Income Tax Expense (Tax Drag)
Amount of taxes paid or payable to the government. It is needed to evaluate the impact of taxation on overall profitability.
About DocuSign Inc
Exchange NASDAQ | Headquarters San Francisco, CA, United States | ||
IPO Launch date 2018-04-27 | President, CEO & Director Mr. Allan C. Thygesen | ||
Sector Technology | Industry Software - Application | Full time employees 7044 | Website https://www.docusign.com |
Full time employees 7044 | Website https://www.docusign.com | ||
DocuSign, Inc. provides electronic signature solution in the United States and internationally. The company offers AI-powered intelligent agreement management (IAM) platform to optimize the gain intelligence and automation across the entire agreement lifecycle; and 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; and Document Generation streamlines the process of generating new, custom agreements. 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; Notary which enables notaries public to conduct remote online notarization transactions; and Web Forms. In addition, the company offers Real Estate for eSignature that provides a way for brokers and agents to manage the entire real estate transaction digitally. eSignature and CLM are Federal Risk and Authorization Management Program (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.
Note: This website is maintained by Upturn Corporation, which is an investment adviser registered with the U.S. Securities and Exchange Commission. Such registration does not imply a certain level of skill or training. Investing in securities has risks. Past performance is no guarantee of future returns. No assurance is provided as to any particular investment return, and you may lose money using our services. You are strongly advised to consult appropriate counsel before making any investments in companies you learn about through our services. You should obtain appropriate legal, tax, investment, accounting, and other advice that takes into account your investment portfolio and overall financial situation. You are solely responsible for conducting due diligence on a potential investment. We do not affect trades for you. You will select your own broker through which to transact. Investments are not FDIC insured, they are not guaranteed, and they may lose value. Please see the Privacy Policy, Terms of Use, and Disclosure for more information.
All company names, trademarks, logos, and brands are the property of their respective owners and are used for identification and informational purposes only. Use of these names, trademarks, and logos does not imply endorsement by their respective owners.