Docusign, Inc. DOCU
Computer Software: Prepackaged Software · IPO 1989 · data as of November 13, 2026
Docusign, Inc. (DOCU) is a technology company listed in the US with a market value of about $15.1B. In the twelve months to July 31, 2026 it had revenue of $3.4B and net income of $330M, a net margin of 9.8%.
Its overall Stock Analiz score is 2.2 out of 5 (weak). The strongest part is financial health (5/5); the weakest is value (1/5).
Key numbers: a P/E of 49.2, a price to free cash flow of 12.6, 5-year revenue growth of 17% a year, a 5-year average ROIC of 2%. A discounted cash flow model with moderate assumptions puts its intrinsic value about 38% below the current price.
Score: 2.2 / 5
Checks passed
- P/FCF below 20
- 3-year free cash flow growth above 10% a year
- Strong R&D investment or growth above 20%
- 5-year revenue growth above 8% a year
- ROE above 15%
- More cash than debt, or low debt to equity
- Positive free cash flow
- Interest covered more than 5 times
Checks not passed
- P/E below 25
- P/E below the industry median
- Price below intrinsic value (DCF, moderate assumptions)
- PEG below 1.5
- Revenue growth above 10% last year
- 3-year revenue growth above 10% a year
- Profit margin improving
- 5-year EPS growth above 10% a year
Valuation
Growth and quality
Financials, last 10 years
| Fiscal year | TTM | 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $3.4B | $3.2B | $3.0B | $2.8B | $2.5B | $2.1B | $1.5B | $974M | $701M | $519M | $381M |
| Net income | $330M | $309M | $1.1B | $74M | -$97M | -$70M | -$243M | -$208M | -$426M | -$52M | -$115M |
| Free cash flow | $1.2B | $1.1B | $920M | $887M | $429M | $445M | $215M | $44M | $46M | $36M | -$48M |
| EPS (diluted) | $1.64 | $1.48 | $5.08 | $0.36 | $-0.49 | $-0.36 | $-1.31 | $-1.18 | $-3.16 | $-1.66 | $-4.17 |
| Net margin | 9.8% | 9.6% | 35.9% | 2.7% | -3.9% | -3.3% | -16.7% | -21.4% | -60.8% | -10.1% | -30.3% |
| ROIC | — | 12.6% | 7.4% | 2.0% | -8.9% | -4.2% | -11.3% | -12.8% | -40.3% | — | — |
From the company’s 10-K and 10-Q filings with the SEC. TTM = trailing twelve months.
What analysts expect
The average 12-month price target from 15 analysts is $71.93, 11% below the current price; targets range from $60.00 to $86.00; the consensus rating is “Hold”; expected EPS is $4.62 for the fiscal year ending January 31, 2027.
Frequently asked questions
What is Docusign’s P/E ratio?
About 49.2, based on the last twelve months of diluted earnings per share (forward P/E about 16.2).
Is Docusign stock undervalued?
Our DCF model with moderate assumptions puts its intrinsic value about 38% below the current market value. A model is a range, not a promise; try your own assumptions in the DCF calculator.
Does Docusign pay a dividend?
Not currently.
Is Docusign a good stock to buy?
We do not give buy or sell advice. Docusign scores 2.2 out of 5 on our five checks (value, growth, track record, financial health and shareholder returns); the checks above show why.
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Generated from SEC filings, analyst consensus estimates and market prices, rebuilt every day. Educational information, not investment advice.