DocuSign Gears Up For Q2 Print; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call
Portfolio Pulse from Lisa Levin
DocuSign, Inc. (NASDAQ:DOCU) is set to report its Q2 fiscal 2024 results on Sept. 7, 2023. Analysts predict earnings of 66 cents per share, up from 44 cents per share in the previous year, and revenue of $677.56 million, up from $622.18 million. Several analysts have revised their ratings and price targets for the company, with a range of views from 'Sell' to 'Buy'.
September 07, 2023 | 2:37 pm
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DocuSign is expected to report increased earnings and revenue for Q2 2024. Analysts' ratings and price targets vary, indicating uncertainty about the company's performance.
The expected increase in earnings and revenue could have a positive impact on DocuSign's stock. However, the varying analyst ratings and price targets suggest uncertainty about the company's performance, which could lead to volatility in the stock price.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100