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DOCU
Benzinga
159 days

Top Wall Street Forecasters Revamp DocuSign Price Expectations Ahead Of Q4 Earnings

1. DocuSign's Q4 results are due on March 13, projecting earnings of $0.85 per share. 2. Expected revenue is $761.64 million, up from $712.39 million last year. 3. Third-quarter revenue was $754.8 million, surpassing estimates of $745.26 million. 4. JP Morgan upgraded DOCU from Underweight to Neutral, raising the price target to $75. 5. Citigroup maintained a Buy rating, increasing the target from $87 to $113.

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FAQ

Why Bullish?

The increase in quarterly earnings and positive analyst upgrades indicate robust company performance.

How important is it?

Earnings projections and analyst ratings directly influence DOCU's stock price movements.

Why Short Term?

Immediate price reactions are likely due to upcoming earnings and analyst sentiment.

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