Docusign (NASDAQ:DOCU) Reaches New 1-Year High – Here’s Why

16 Oct 2026, 09:41 by Teresa Graham · The Cerbat Gem

Shares of Docusign Inc. (NASDAQ:DOCU – Get Free Report) hit a new 52-week high during mid-day trading on Wednesday. The company traded as high as $75.31 and last traded at $75.23, with a volume of 3,360,961 shares traded. The stock had previously closed at $72.31.

Analyst Ratings Changes

A number of research firms have weighed in on DOCU. Morgan Stanley boosted their target price on shares of Docusign from $69.00 to $75.00 and gave the company an “equal weight” rating in a research note on Friday, September 4th. Wells Fargo & Company lifted their target price on Docusign from $55.00 to $60.00 and gave the company an “equal weight” rating in a report on Friday, September 4th. Robert W. Baird boosted their price target on shares of Docusign from $55.00 to $72.00 and gave the company a “neutral” rating in a research report on Friday, September 4th. Royal Bank Of Canada upped their price objective on shares of Docusign from $55.00 to $70.00 and gave the stock a “sector perform” rating in a research report on Friday, September 4th. Finally, UBS Group lifted their price target on Docusign from $54.00 to $70.00 and gave the stock a “neutral” rating in a research note on Friday, September 4th. Three research analysts have rated the stock with a Buy rating, fourteen have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $67.33.

View Our Latest Report on Docusign

Docusign Trading Up 1.3%

The firm has a fifty day simple moving average of $66.37 and a two-hundred day simple moving average of $54.57. The firm has a market cap of $14.67 billion, a PE ratio of 47.87, a PEG ratio of 2.78 and a beta of 0.86.

Docusign (NASDAQ:DOCU – Get Free Report) last posted its quarterly earnings data on Thursday, September 3rd. The company reported $1.16 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.09 by $0.07. The business had revenue of $875.75 million during the quarter, compared to the consensus estimate of $867.22 million. Docusign had a return on equity of 18.29% and a net margin of 9.82%. The firm’s quarterly revenue was up 9.4% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.30 earnings per share. Equities analysts expect that Docusign Inc. will post 2.14 earnings per share for the current fiscal year.

Insider Transactions at Docusign

In other Docusign news, CEO Allan Thygesen sold 26,250 shares of the company’s stock in a transaction that occurred on Thursday, October 1st. The shares were sold at an average price of $69.29, for a total transaction of $1,818,862.50. Following the completion of the sale, the chief executive officer directly owned 166,801 shares of the company’s stock, valued at approximately $11,557,641.29. This represents a 13.60% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Peter Solvik sold 46,000 shares of the company’s stock in a transaction dated Thursday, September 10th. The stock was sold at an average price of $65.24, for a total value of $3,001,040.00. Following the completion of the sale, the director owned 49,558 shares of the company’s stock, valued at approximately $3,233,163.92. The trade was a 48.14% decrease in their position. The SEC filing for this sale provides additional information. Over the last ninety days, insiders have sold 165,868 shares of company stock worth $11,121,890. 0.59% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Docusign

Several institutional investors and hedge funds have recently modified their holdings of DOCU. BlackRock Inc. purchased a new position in Docusign during the 2nd quarter valued at approximately $927,059,000. Arrowstreet Capital Limited Partnership lifted its position in Docusign by 76.1% during the first quarter. Arrowstreet Capital Limited Partnership now owns 5,285,128 shares of the company’s stock valued at $250,568,000 after purchasing an additional 2,283,996 shares during the last quarter. Bank of New York Mellon Corp purchased a new position in shares of Docusign in the 2nd quarter worth $56,219,000. Man Group plc purchased a new position in shares of Docusign in the 2nd quarter worth $52,714,000. Finally, SG Americas Securities LLC increased its holdings in shares of Docusign by 452.3% in the 1st quarter. SG Americas Securities LLC now owns 1,314,632 shares of the company’s stock worth $62,327,000 after buying an additional 1,076,622 shares during the last quarter. Institutional investors own 77.64% of the company’s stock.

Docusign Company Profile

(Get Free Report)

DocuSign, Inc (NASDAQ:DOCU) provides cloud-based software for electronically signing, managing and automating agreements. Its platform enables individuals and organizations to prepare, send, sign, track and store documents digitally, helping replace paper-based contracting processes.