GET DAILY SIGNALSDocuSign (DOCU, $65.93) misses Q1 earninsg expectations
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.
Aroon Indicator for DOCU shows an upward move is likely
DOCU's Aroon Indicator triggered a bullish signal on October 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 212 similar instances where the Aroon Indicator showed a similar pattern. In 163 of the 212 cases, the stock moved higher in the days that followed. This puts the odds of a move higher at 77%.
Technical Analysis (Indicators)
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on October 08, 2026. You may want to consider a long position or call options on DOCU as a result. In 58 of 85 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are 68%.
The Moving Average Convergence Divergence (MACD) for DOCU just turned positive on October 13, 2026. Looking at past instances where DOCU's MACD turned positive, the stock continued to rise in 30 of 47 cases over the following month. The odds of a continued upward trend are 64%.
Following a +4.65% 3-day Advance, the price is estimated to grow further. Considering data from situations where DOCU advanced for three days, in 210 of 297 cases, the price rose further within the following month. The odds of a continued upward trend are 71%.
Bearish Trend Analysis
The 10-day RSI Indicator for DOCU moved out of overbought territory on October 27, 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 28 similar instances where the indicator moved out of overbought territory. In 17 of the 28 cases, the stock moved lower in the following days. This puts the odds of a move lower at 61%.
The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 18 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
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 50 of 62 cases within the following month. The odds of a continued downward trend are 76%.
DOCU broke above its upper Bollinger Band on October 22, 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.
Fundamental Analysis (Ratings)
The Tickeron Price Growth Rating for this company is 35 (best 1 - 100 worst), indicating steady price growth. DOCU’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron PE Growth Rating for this company is 50 (best 1 - 100 worst), pointing to consistent 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 50 (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 84 (best 1 - 100 worst) indicates that the company is slightly overvalued 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 (8.868) is normal, around the industry mean (-1.151). P/E Ratio (48.826) is within average values for comparable stocks, (15.524). Projected Growth (PEG Ratio) (0.785) is also within normal values, averaging (2.824). Dividend Yield (0.000) settles around the average of (0.075) among similar stocks. P/S Ratio (4.200) is also within normal values, averaging (71.128).
The Tickeron Profit vs. Risk Rating rating for this company is 100 (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 94, placing this stock worse than average.
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General Information
a provider of cloud-based electronic signature solutions
Industry PackagedSoftware
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