DocuSign, Inc. (DOCU) AI Stock Analysis

DocuSign, Inc. provides electronic signature software solutions globally to businesses of all sizes from its San Francisco headquarters. Its flagship product is an e-signature platform that lets organizations prepare, sign, manage, and act upon agreements securely. In addition to e-signatures, DocuSign offers Contract Lifecycle Management tools, artificial intelligence-powered Insights, Gen for Salesforce, Analyzer, and Remote Online Notary. It also provides industry-specific offerings such as Rooms for Real Estate and Rooms for Mortgage. The company distributes its software through direct sales, partner-assisted channels, and online platforms to enterprise, commercial, and small business clients.

Revenue grew from $2.11B in FY2022 to $2.52B in FY2023, $2.76B in FY2024, $2.98B in FY2025, and $3.22B in FY2026, representing a 5-year revenue CAGR of 17.2%. Annual revenue growth slowed from 45.0% in FY2022 to 8.2% in FY2026. Operating margin improved from -2.9% in FY2022 to 9.3% in FY2026, while net income shifted from -$70.0M to $309.1M over the same period. For the trailing twelve months, revenue was $3.36B with an operating margin of 13.4% and net profit margin of 9.8%. In the latest quarter ended July 31, 2026, quarterly revenue increased 9.4% year-over-year, while quarterly earnings grew 33.3%.

As of July 31, 2026, DocuSign held $777.7M in cash and short-term investments and $183.1M in total debt, yielding net cash of $594.6M. Its debt-to-equity ratio was 0.11, while the current ratio stood at 0.64. In FY2026, the company generated $1.17B in operating cash flow and $1.06B in free cash flow. Capital expenditures totaled $106.4M, and DocuSign deployed $869.1M toward share buybacks, contributing to a 5-year share count decline of 2.3%.

DocuSign carries a market cap of $13.95B and trades at a trailing P/E of 45.5x, above the 28.1x median of its US-listed Technology peers. However, its forward P/E of 15.1x sits below the peer median of 18.8x, supported by a PEG ratio of 0.81. The stock trades at an EV-to-EBITDA multiple of 21.9x compared to the peer median of 16.6x, and a price-to-sales ratio of 4.2x versus 2.8x for peers. Over the past year, DOCU returned 11.2%, trailing the S&P 500 return of 16.8%.

Among analysts covering DocuSign, 2 rate it a Strong Buy, 2 a Buy, 15 a Hold, and 1 a Sell. The mean price target is $69.99, which is 6.2% below the last close of $74.65 on October 16, 2026. Consensus estimates project current fiscal year revenue of $3.50B and EPS of $4.62, representing 20.3% EPS growth. DocuSign has beaten EPS estimates in 3 of the last 4 quarters, and its next earnings date is December 3, 2026.

This page is an AI-written research summary of DocuSign, Inc. (DOCU). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.

Related: DOCU income statement, DOCU balance sheet, DOCU key metrics, DOCU analyst forecast, DOCU chart. See the DOCU stock overview for the latest quote and news.