Wall Street analyst estimates for DocuSign, Inc. (DOCU): consensus price target, buy/hold/sell recommendations and forecasts for revenue and EPS for the upcoming fiscal years.
DocuSign, Inc. is a global provider of electronic signature software, operating both within the United States and internationally. The company's core offering is an e-signature solution that empowers businesses to digitally prepare, execute, finalize, and manage various agreements. Beyond its foundational e-signature service, DocuSign offers an extensive suite of tools for digital agreement management.
Consensus price target
$68.75 (-14% vs price $80.36)
between $58.00 and $75.00 · 7 targets published in the last quarter
Closing price, Nov 3
A twelve-month target is not a fair value: compare it with the range in the Valuation tab.
Revenue and EPS estimates
| Fiscal year | Revenue (average) | Revenue (low – high) | EPS (average) | Analysts |
|---|---|---|---|---|
| 2027E | $3.5B | $3.5B – $3.5B | $4.62 | 12 |
| 2028E | $3.8B | $3.8B – $3.8B | $5.21 | 12 |
| 2029E | $4.1B | $3.9B – $4.2B | $5.73 | 5 |
Fiscal year ending in January · figures in USD · consensus as of November 1, 2026
Analyst Consensus
| Strong Buy | 0 |
| Buy | 8 |
| Hold | 18 |
| Sell | 2 |
| Strong Sell | 0 |
| Total analysts | 28 |
| Avg rating (−2 sell to +2 buy) | 0.21 |
Recent Earnings Surprises
| Date | EPS Actual | EPS Est. | vs Est. |
|---|---|---|---|
| 2026-12-03 | $1.17 | ||
| 2026-09-03 | $1.16 | $1.09 | +6.4% |
| 2026-06-04 | $1.09 | $0.99 | +9.7% |
| 2026-03-17 | $1.01 | $0.95 | +6.3% |
| 2025-12-04 | $1.01 | $0.92 | +10.3% |
| 2025-09-04 | $0.92 | $0.85 | +8.6% |
| 2025-06-05 | $0.90 | $0.81 | +10.8% |
| 2025-03-13 | $0.86 | $0.85 | +1.1% |
Valuation Ratios
| P/E Ratio | 49.00 |
| Price / Book | 9.09 |
| Dividend Yield | 0.00% |
Income Statement (10y)
| Year | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $381.5M | $518.5M | $701.0M | $974.0M | $1.45B | $2.11B | $2.52B | $2.76B | $2.98B | $3.22B |
| Cost of Revenue | $102.5M | $118.3M | $192.4M | $243.2M | $364.1M | $466.5M | $536.1M | $572.6M | $621.7M | $663.1M |
| Gross Profit | $279.0M | $400.2M | $508.5M | $730.7M | $1.09B | $1.64B | $1.98B | $2.19B | $2.36B | $2.56B |
| Research & Development | $89.7M | $92.4M | $186.0M | $185.6M | $271.5M | $393.4M | $480.6M | $539.5M | $588.5M | $665.0M |
| Selling, General & Admin | $305.1M | $359.5M | $748.9M | $738.7M | $991.3M | $1.31B | $1.56B | $1.59B | $1.54B | $1.59B |
| Operating Expenses | $394.8M | $451.9M | $934.9M | $924.2M | $1.26B | $1.70B | $2.07B | $2.16B | $2.16B | $2.26B |
| Operating Income | -$115.8M | -$51.7M | -$426.3M | -$193.5M | -$173.9M | -$61.9M | -$88.0M | $31.6M | $199.9M | $298.6M |
| EBITDA | -$86.0M | -$16.8M | -$380.3M | -$126.1M | -$127.6M | $21.4M | $2.8M | $195.6M | $357.3M | $451.6M |
| Interest Expense | $611,000 | $624,000 | $10.8M | $29.3M | $30.8M | $6.4M | $6.4M | $6.8M | $1.6M | $2.5M |
| Pre-tax Income | -$115.1M | -$49.1M | -$428.2M | -$203.6M | -$229.5M | -$66.9M | -$89.9M | $93.7M | $247.9M | $347.3M |
| Income Tax | $356,000 | $3.1M | -$1.8M | $4.8M | $13.8M | $3.1M | $7.6M | $19.7M | -$819.9M | $38.2M |
| Net Income | -$115.4M | -$52.3M | -$426.5M | -$208.4M | -$243.3M | -$70.0M | -$97.5M | $74.0M | $1.07B | $309.1M |
| EPS | -$4.12 | -$1.62 | -$3.16 | -$1.18 | -$1.31 | -$0.36 | -$0.49 | $0.36 | $5.23 | $1.52 |
| EPS (Diluted) | -$4.12 | -$1.62 | -$3.16 | -$1.18 | -$1.31 | -$0.36 | -$0.49 | $0.36 | $5.08 | $1.48 |
| Shares Outstanding (Diluted) | 28.0 M | 32.3 M | 135.2 M | 176.7 M | 185.8 M | 196.7 M | 200.9 M | 208.9 M | 210.3 M | 204.7 M |
Price
| Price | $80.36 (closing price, November 3, 2026) |
| Market Cap | $15.0B |
| Exchange | NASDAQ |
| Country | US |
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Explore sector: Technology · Software - Application
More sections of DOCU: Overview · Financials · Valuation · Technical · Ownership
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