DocuSign posted its first quarter earnings that missed the Street expectations.
The digital signature company’s adjusted earnings for the quarter ended April 30 came in at 38 cents per share, below the 46 cents per share as expected by analysts (according to Refinitiv poll).
Revenue for the quarter rose +25% from the year-ago quarter to $588.7 million, compared to $581.8 million expected by analysts, according to Refinitiv.
The company faced challenges from adverse macroeconomic conditions, according to a statements from Cynthia Gaylor, DocuSign's chief financial officer. Following the emergence of the war in Ukraine, some deals in Europe were delayed or put on hold because of economic uncertainty, CEO Dan Springer indicated.
Gaylor also mentioned that the company's expansion rate, indicating the pace of existing customer spending, has slowed.
For the second quarter, DocuSign expected revenue in the range of $600 million to $604 million. The mid-point of the range, at $602 million, is slightly above the Refinitiv consensus of $601.7 million.
Looking further ahead, the company predicts $2.47 billion to $2.48 billion in revenue for the full-year 2023, compared to the $2.479 billion Refinitiv consensus.
DOCU's Aroon Indicator triggered a bullish signal on May 29, 2026. Tickeron's A.I.dvisor detected that the AroonUp green line is above 70 while the AroonDown red line is below 30. When the up indicator moves above 70 and the down indicator remains below 30, it is a sign that the stock could be setting up for a bullish move. Traders may want to buy the stock or look to buy calls options. A.I.dvisor looked at 175 similar instances where the Aroon Indicator showed a similar pattern. In of the 175 cases, the stock moved higher in the days that followed. This puts the odds of a move higher at .
The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 10 days. The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an upward trend is expected.
Following a +1 3-day Advance, the price is estimated to grow further. Considering data from situations where DOCU advanced for three days, in of 304 cases, the price rose further within the following month. The odds of a continued upward trend are .
The 10-day RSI Indicator for DOCU moved out of overbought territory on June 02, 2026. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 22 similar instances where the indicator moved out of overbought territory. In of the 22 cases, the stock moved lower in the following days. This puts the odds of a move lower at .
The Momentum Indicator moved below the 0 level on June 05, 2026. You may want to consider selling the stock, shorting the stock, or exploring put options on DOCU as a result. In of 84 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .
The Moving Average Convergence Divergence Histogram (MACD) for DOCU turned negative on June 05, 2026. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 46 similar instances when the indicator turned negative. In of the 46 cases the stock turned lower in the days that followed. This puts the odds of success at .
DOCU moved below its 50-day moving average on June 05, 2026 date and that indicates a change from an upward trend to a downward trend.
The 10-day moving average for DOCU crossed bearishly below the 50-day moving average on June 16, 2026. This indicates that the trend has shifted lower and could be considered a sell signal. In of 17 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are .
Following a 3-day decline, the stock is projected to fall further. Considering past instances where DOCU declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
DOCU broke above its upper Bollinger Band on May 29, 2026. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.
The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to outstanding earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is fair valued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (4.482) is normal, around the industry mean (25.763). P/E Ratio (27.734) is within average values for comparable stocks, (73.584). Projected Growth (PEG Ratio) (0.504) is also within normal values, averaging (1.393). Dividend Yield (0.000) settles around the average of (0.051) among similar stocks. P/S Ratio (2.665) is also within normal values, averaging (52.226).
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating slightly worse than average price growth. DOCU’s price grows at a lower rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron Seasonality Score of (best 1 - 100 worst) indicates that the company is significantly overvalued in the industry. The Tickeron Seasonality score describes the variance of predictable price changes around the same period every calendar year. These changes can be tied to a specific month, quarter, holiday or vacation period, as well as a meteorological or growing season.
The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating that the returns do not compensate for the risks. DOCU’s unstable profits reported over time resulted in significant Drawdowns within these last five years. A stable profit reduces stock drawdown and volatility. The average Profit vs. Risk Rating rating for the industry is 95, placing this stock worse than average.
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
a provider of cloud-based electronic signature solutions
Industry PackagedSoftware