Will the Markets Sign Off on a Comeback in DocuSign Stock?
DocuSign (NASDAQ: DOCU) was a darling during the pandemic. It was well-positioned to facilitate online document administration when people could not meet in person.
As life returned to normal, growth slowed and the stock fell hard. It lost 80% of its value and remains in a bear market more than a year after the bear market ended in other tech stocks.
Nonetheless, DocuSign's growth has not stopped completely, and it hopes to build a competitive advantage by focusing on contract lifecycle management. The question for investors is whether that is enough for buyers to return to this one-time highflier.
Source Fool.com
DocuSign Inc. Stock
€51.85
1.130%
Currently there is a rather negative sentiment for DocuSign Inc. with 3 Buy predictions and 8 Sell predictions..
With a target price of 44 € there is a slightly negative potential of -15.14% for DocuSign Inc. compared to the current price of 51.85 €.
