DocuSign Stock: Bear vs. Bull
(NASDAQ: DOCU) posted its latest earnings report on Sept. 7. For the second quarter of fiscal 2024, which ended on July 31, the e-signature leader's revenue rose 11% year over year to $688 million and beat analysts' estimates by $10 million. Its adjusted net income jumped 66% to $150 million, or $0.72 per share, and also cleared the consensus forecast by $0.06.
Those headline numbers looked stable, but DocuSign's stock still dipped after the report and remains 84% below its all-time high from September 2021. Let's review the bear and bull cases to see if DocuSign can bounce back over the next few quarters.
Image source: Getty Images.
Source Fool.com
DocuSign Inc. Aktie
51,55 €
0,06 %
DocuSign Inc. wird von der Community nicht ganz favorisiert: Mehr Sell- als Buy-Einschätzungen.
Das Kursziel von 45 € für DocuSign Inc. zeigt eine leichte Minderung gegenüber dem aktuellen Kurs von 51.55 € an.
