Navigating 8 Analyst Ratings For DocuSign
Portfolio Pulse from Benzinga Insights
Eight analysts have recently published ratings on DocuSign (NASDAQ:DOCU), with a mix of opinions ranging from bullish to bearish. Over the past three months, sentiments have shifted, with the current distribution showing 2 somewhat bullish, 4 indifferent, and 2 somewhat bearish ratings. The 12-month price targets have an average of $54.38, with a high of $84.00 and a low of $45.00. Several analysts have maintained their ratings, while others have lowered their price targets. DocuSign's financial performance shows strong revenue growth and net margin but lags in ROE compared to industry averages. The company's market capitalization is below industry averages, and it has a conservative debt-to-equity ratio.
January 12, 2024 | 4:00 pm
News sentiment analysis
Sort by:
Descending
NEUTRAL IMPACT
DocuSign has received a range of analyst ratings, with an average 12-month price target of $54.38. The company's financials show strong revenue growth and net margin, but ROE is below industry averages. Market capitalization is lower than peers, and debt management is conservative.
The mixed analyst ratings and slight drop in the average price target suggest a neutral short-term impact on DocuSign's stock price. The company's strong financial performance in revenue growth and net margin could be positive, but the lower ROE and market capitalization may raise concerns among investors. The conservative debt management is a positive sign, indicating a lower risk profile. Overall, the impact is neutral as positive and negative factors may balance each other out.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100