The stock market is the greatest wealth creator out there. In September, we launched an important new product called DocuSign Analyzer. I've got kind of two big-picture questions. Like where are you concentrating your R&D dollars? Price at the end 80.20, change for September 5.0%. How do we sort of handicap or think about that? It's still about 15% of our revenue or almost 90% of our customers. We're not waiting for the future, though, as we continue to innovate across the entire Agreement Cloud suite. While we strive for our Foolish Best, there may be errors, omissions, or inaccuracies in this transcript. DocuSign, Inc.(NASDAQ:DOCU): DocuSign (DOCU) is presently dominating the e-signature market by providing a cloud platform to sign business contracts and deals. Averaged Moderna stock price for month 104. Yes. I think you're going to see more of the same. Yes. But the reality is with this reacceleration of signature that's occurred this year — I mean we start off — really clear, we start have every conversation with a customer today saying, "We want to talk to you about the doc in Agreement Cloud." And I think to your question about the implication going forward, I think the first implication is just what you said, is that our customers are saying they want to do more DocuSign. And that, to me, is sort of more of the same as opposed to sort of an earth-shattering multiple. Our next question comes from the line of Koji Ikeda with Oppenheimer. Any forward-looking statements are based on our assumptions and expectations to date. So I would say that we think it's a significant part. There's also been increased interest from SIs looking to build out Agreement Cloud practices that attach to their existing Salesforce, Oracle, SAP and Workday practices, thereby embedding DocuSign even deeper into critical front- and back-office business processes. nodes[i].dataset.subscription : nodes[i].getAttribute('data-subscription'); if(status ==='true') {nodes[i].checked = true;}}};var nodes = document.querySelectorAll('#form1783 select[data-value]'); if (nodes) { for (var i = 0; i < nodes.length; i++) { var node = nodes[i]; var selectedValue = node.dataset ? We encourage you to consider all measures when analyzing our performance. With record quarterly revenue and customer base growth, the stock has soared more than 185% so far this year. var dom1 = document.querySelector('#form1783 #field1');var field1 = new LiveValidation(dom1, {validMessage: "", onlyOnBlur: false, wait: 300});field1.add(Validate.Presence, {failureMessage:"This field is required"});field1.add(Validate.Format, {pattern: /(^[A-Z0-9!#$%&'\*\+\-\/=\?\^_`\{\|\}~][A-Z0-9!#$%&'\*\+\-\/=\?\^_`\{\|\}~\.]{0,62}@(([A-Z0-9](?:[A-Z0-9\-]{0,61}[A-Z0-9])?)(\.[A-Z0-9](?:[A-Z0-9\-]{0,61}[A-Z0-9])? Thanks. Stock Market Predictions. DOCU is currently ranked #37 out of 96 stocks in the Software – Application industry. We don't really think about that as information that's ours to sort of play with. Sidharath is currently pursuing the CFA program to deepen his knowledge of financial anlaysis and investment strategies. The companies in this industry design, develop, publish, and support software used to collect, store, report, and analyze data from various operations of a business. Thank you and congratulations. And so the growth numbers that we're posting is that considerable — on considerably bigger absolute numbers. And I'll just give you a quick example. And so larger and more complex projects that require a systems integrator or at least some sort of statement of work, those got pushed out a little bit. So there would be some lack of that accelerant occurring in a post-pandemic world. Wanted to ask you a question on DocuSign's branding and really specifically internationally. Some of the verticals that weren't as big for us that you would expect to have been hurt, of course, were. [Operator instructions] Our first question comes from the line of Sterling Auty with J.P. Morgan. But let's get through this year, get through Q4 and see if we then maybe want to reassess that. So I think you're going to see a really exciting opportunity to continue growth there. Of this, we expect subscription revenue of $384 million to $388 million in Q4 and $1.355 billion to $1.359 billion for fiscal '21. The numbers start getting bigger that the NRR comes down. Airbnb Stock IPO Is Set to Soar 200%. Most people buy message capacity when we're talking about our eSignature business, which, of course, is still the largest part of our business. According to the latest earnings report, DocuSign generated $342.2 million in total revenue in the second quarter of its fiscal year 2021, which ended July 31, 2020. And the one thing I would just add to that is that you do look at the customer growth numbers, whether it's the total or the direct versus digital, you can really see the strength kind of across the board, up and down the customer base. I'd now like to turn the call over to Dan. I can tell you, the deals that we have coming in have had a higher focus on signature in the last few quarters. And Cynthia, you're probably going to dodge it. And because the TAM is so big, I think the biggest determinant of our ability to grow is our ability to onboard quality people that can build the software that we need and then represent and sell that software into the marketplace so we can then work with our customer success team to drive adoption. So things like the Seal Software, things like CLM, those are now businesses that are returning to the levels we would have expected if it hadn't been for COVID. What I know is what Cynthia just reported to you, which we had, something I can say for the last three quarters, the highest rate of billings growth we've ever had in our history. For Q4 non-GAAP interest and other, we expect $1 million of expense to $1 million of income. Or is there enough opportunity in the land that you've gotten with the core digital signature product that you can keep up that sort of acceleration with cross-sell and getting people into CLM? But I would tell you, from a trend standpoint, I haven't seen something that feel fundamentally different. And so I think you're going to see that, that is going to be the reality of the next, I would say, several quarters. On opex, I mean, I think we've seen a lot of companies in this environment actually see the opex growth significantly tempered by COVID, Latin and so forth. And to make the most of it, you don’t need to know what’s happening in the next year. It's a great way to think about it. We're still seeing this demand that's just so strong on signature. node.dataset.value : node.getAttribute('data-value'); if (selectedValue) { for (var j = 0; j < node.options.length; j++) { if(node.options[j].value === selectedValue) { node.options[j].selected = 'selected';break;}}}}}, Do Not Sell My Personal Information (CA Residents Only). Great. Create your Watchlist to save your favorite quotes on They also showcased the continued tailwinds for the expansion of eSignature as the first step in the adoption of the Agreement Cloud. It's their customers, it's their customers' data. And Rob Julio, our CMO, looked at our brand in a variety of different markets. However, we've also seen the critical role that innovation can play at a time like this and how technology can help people adapt in the wake of the pandemic. But the last thing I would tell you is even though we in some of these countries do not have the same sort of leadership position of our brand, nobody else does either. You may proceed with your question. I mean maybe it already has. In terms of trailing P/E, DOCU is currently trading at 408.88x, 1,601.2% more expensive than the sector’s median value of 24.03x. Then I've got a quick follow-up. Thank you. The forecast for beginning of September 76.38. And then an even bigger-picture question, if I might. And we will continue to see strong growth of that. When we talk about the sort of $25 billion TAM, that was the same number we've been using since the IPO, and we continue to see that as a really good metric for seeing the opportunity. Our next question comes from the line of Kirk Materne with Evercore ISI. I don't think we've sort of looked at that in our existing TAM because I don't think anyone has really built that market to help people do that analysis across all of their agreements. And so I would say there's been an increase in that mix in that direction. Maybe one for Dan, one for Cynthia. In closing, Q3 had strong results and execution across the board, and we are off to a solid start in Q4. So first off, the danger is, I look at my data set of the customers I've spoken with and will be a look at those. I just want to be clear. Before we get started, I'd like everyone to know that we plan to participate virtually in a few events in the upcoming weeks: the UBS Global TMT Virtual conference on December 7, the Needham Virtual Growth Conference on January 11 and the Goldman Sachs Technology and Internet Conference on January 12. And it's not really an opportunity for us to make enough money in sort of implementing it. Nostradamus predicted that after 2021 will create a new tectonic weapons have an enormous power – it will cause geological and environmental violations around the world. And just my view on it is they paid a slight premium to the peak multiple that Slack had. Because you're obviously getting into CLM. Looking at the past twelve months, the stock has grown more than 217.3% due to its aggressive capital expenditures and steady growth in the user base. It provides cloud-based transaction products and services in the United States and over 180 countries internationally. That’s why I don’t believe in predictions — and you shouldn’t, either. And so I think getting that platform the place where we want it to be, would be the third of those important development priority. So when we get to these other markets, it's not — there's no other DocuSign of with that same sort of presence in another country. The way I would think about it is TAM-based. But I don't think other deals like Slack will fundamentally change that perspective of valuation. And that wouldn't have been true a year ago. IDXX Stock Forecast 2021, 2022, 2023. I mean could 2021 be an inflection year for the government opportunity? I think you made it pretty clear, and we all get it. But I would say the rest of the Agreement Cloud has sort of been holding its own. And just one follow-up question on the government opportunity. There's third-party notary. or "I started a new job, and I was able to sign that when I was traveling." It will also complement our existing capacity to support in-person and video conference-based notarization in the U.S. and the witnessing approach commonly used in the U.K. and EMEA. Remember, they were, just like DocuSign, having to go to a work from home setting and they weren't in their offices. How should we think around the puts and takes of certain verticals that may have surprisingly strong capacity increases this year that maybe are difficult comps for next year or the opposite, verticals that have come back that you expect to actually sustain some of that capacity growth? Good afternoon, ladies and gentlemen. And you've done a great job, I think, talking about some of the longer-duration tailwinds to your business. Well, I think there's a couple of thoughts I have. So that's the place where I think we'll see a bigger opportunity to really maintain substantial growth that Cynthia described. Another example is one of our large U.S. public school districts. One more example is a large U.S. insurance customer. So that said, we do believe there are probably interesting opportunities where our customers over time could get comfortable with us saying, "Hey, we want to monetize some of what's happened here in a different way." And they're now planning hundreds of use cases to support other future needs. As I mentioned earlier, just we don't let someone go out. I mean the verticals, again, when we talk about financial services, we talk about healthcare life sciences, I think they're going to be very strong for us next year as well. Netflix Stock Forecast 2021, 2022, 2023. We're a software company. And I think that's what we're going to see throughout the next few quarters. However, the stock’s 8.3% loss over the past month reflects a short-term bearishness. This article is a transcript of this conference call produced for The Motley Fool. DOCU has. And we have countries that we're very early in that we see an opportunity to really accelerate. And so many agencies now have requirements to do things, particularly around eSignature with a company like DocuSign. Or have deals been coming in similarly to what pre-pandemic compositions were? We see a lot of excitement about partners, and particularly SIs, that want to leverage insight into the work they do with our joint customers. Don’t Sit This Out. You may proceed with your question. We need to execute for the next several years to achieve our goals of getting to $5 billion of revenue. DocuSign, Inc. (NASDAQ:DOCU) has a beta value of 0 and has seen 1,548,800 shares traded in the recent trading session. DocuSign Inc. analyst estimates, including DOCU earnings per share estimates and analyst recommendations. And so I think it is a part of our exciting future. That being said, I do want to point out, Q3 was exceptionally strong. Yes. , an artificial intelligence, and contracts analytics company, for $188 million. Non-GAAP operating expenses totaled $253 million or 66% of total revenue in the quarter compared with $180 million or 72% of total revenue in the third quarter of last year. So that's kind of how we look about it. Cheers. And they come back and say, "Oh, my gosh, I was traveling on a vacation, was able to buy a home." And so I think, as Dan said, when you think about the TAM and the market penetration, we're really just scratching the surface. I understand. Here is how our proprietary POWR Ratings system evaluates DOCU: DOCU is currently trading below its 50-day moving average of $216.24 but above its 200-day moving average of $157.89, indicating that the stock is neither in an uptrend nor in a downtrend. Got it. But my assumption, not really having any detailed ability to guess the future, is that, that growth will be at a higher rate than we were pre-COVID happening but probably not at the same growth rate that we've seen in the last few quarters, where it's been amazingly heightened. They don't have our sort of kind of uptime capability. You may proceed with your question. SAN FRANCISCO, Dec. 3, 2020 /PRNewswire/ -- DocuSign, Inc. (NASDAQ: DOCU), which offers the world's #1 eSignature solution as part of the DocuSign … It's pretty easy to implement. It opens up so many interesting sort of avenues from a business process perspective. Founded in 1993 in Alexandria, VA., by brothers David and Tom Gardner, The Motley Fool is a multimedia financial-services company dedicated to building the world's greatest investment community. In addition, we provide non-GAAP weighted average share count and information regarding free cash flows and billings. Thanks and congrats on a great quarter. While we expect the digital-first trend to continue into the future and drive DocuSign's growth at scale, the peak growth rates in any given quarter may not be sustained indefinitely. Those are companies that we are going to aggressively be working a year from now to come back and say, "Hey, we want to talk to you in your renewal discussions around what additional use cases we have for signature. OK. And maybe this next question is to Cynthia. But clearly, it's an additional growth opportunity for us on the sign side. But I actually think the more exciting part about AI is where you're going with your question, which is once we have through a CLM that's enhanced with our AI capabilities, now companies have the ability to really learn about their business and make intelligent insights about their business based on that body of contracts that they have. We expect a tax provision of approximately $2 million to $3 million for Q4 and $7 million to $8 million for fiscal '21. That's really helpful. But we'll make dollar trade-offs to grow top line before we improve margin. I assume you saw the same lack of TV and so forth? They're more rapidly getting to a place where they've used up that capacity. Given the compare in Q4, you see the guide, I don't think we would say we expect that to happen again, by any means, next quarter. Finally, we expect fully diluted weighted average shares outstanding of 205 million to 210 million for Q4 and 200 million to 205 million for fiscal '21. And by the way, it does trickle down. However, with the incredible run this year, the company seems overvalued by traditional measures. But the growth and the acceleration of this has been phenomenal. Stock Predictons by days: 2021 Search Stock, FX pair, Crypto, or Commodity... DocuSign, … However, solely looking at the historical price movement is usually misleading. But even if someone does buy on a seat basis, we have a reasonable use per seat. Thank you, operator, and good afternoon, everyone. Yes. Welcome to DocuSign's third quarter fiscal-year '21 earnings conference call. DOCU is currently ranked #37 out of 96 stocks in the, industry. So in the end, I think the right way to think about the business is it is volume. And maybe a quick follow-up on international. NIO stock predictions for September 2021. And in fact, Forrester did a couple of years ago put out a report saying we already had become a brand in that same way you talked about like Kleenex or Xerox. My sense is that it has been an accelerant to our business. So Dan, what's the top priority today for your development organization? Yes. Despite DOCU’s impressive revenue and user base growth, it is rated a “Neutral,” as the company is still not profitable and is trading at a high valuation, as determined by the four components of our overall POWR Rating. So we see that in local and state governments as well. I want to share more on that with you today, so I'll focus my comments in three main areas: one, strength of Q3's results; two, why we believe today's Agreement Cloud customers will grow with us over the long term; and three, the strength of our product development engine and partner ecosystem. I think our enterprise business has done really well. But I think the outperformance that we're seeing is driving it to pretty impressive levels year on year. DocuSign stock gains 6% after Q3 beats, upside revenue forecasts. DocuSign (NASDAQ: DOCU)Q3 2021 Earnings CallDec 03, 2020, 4:30 p.m. Yes. So just as we look ahead into next year and beyond, can you maybe talk about any expectations you have for how you expect those customers to ramp over time? I think what — we're trying to invest for top line growth, right? We'll hold you to that $10 billion target. ). And our customers expanded their use of DocuSign at the highest levels we've seen to date, yielding a net revenue retention rate of 122%. Price at the end 105, change for August 4.0%. But at the same time, I think the second part of your question, which is really important is we're also hitting our stride with the capabilities we have and the rest of the Agreement Cloud. Thanks for taking my question. If you check how Airbnb has performed vs the major hotel, brands you might see the potential of Airbnb in 2021. To receive notifications via email, enter your email address and select at least one subscription below. And even if we get an RFP in or someone calls up and just says, "Give me signature right now," you're going to listen to a DocuSign Agreement Cloud pitch. Bhavan Suri -- William Blair and Company -- Analyst. The company's name was taken from Shakespeare, whose wise fools both instructed and amused, and could speak the truth to the king -- without getting their heads lopped off. So the sizes of lands, the pricing of the deals that we've been doing, they've been amazingly consistent even though the volume, as you point out, has been more substantial. This is the third quarter in a row that we've had these significant levels of growth. And what we said the last couple of quarters what I still think is what we'd say today is that, at some point, the sort of enormity of the tailwind that is there will be less enormous. Anything that might more specifically let us know how far along that journey you are, as exciting as it is? Interesting. And when they do buy, what are they buying? So in terms of the valuation question, I'm certain that the issue we already have today when we acquire a company and they look at us and they go, "We love you to buy us at the same multiple that DocuSign has." As Annie said, we're going to be up on the road, some opportunities to see you all. But one of the issues with DocuSign shares is that you're about to face some very tough comps, starting in Q1 next year. We've been trying to stick to our strategy that we think our customers want us to drive, which is the DocuSign Agreement Cloud. You explained sort of Seal and sort of some of the ability to read contracts. And then I have a quick follow-up. In May, the company bought Seal Software, an artificial intelligence, and contracts analytics company, for $188 million. And I look at your business where you have a lot of network effects. Find real-time DOCU - DocuSign Inc stock quotes, company profile, news and forecasts from CNN Business. They don't have the quality of service that we have. Moderna stock price predictions for August 2021. And we think we feel really good about that positioning as a sort of preeminent provider in the agreement space to the agencies. Or is that still to come? In July, it acquired Liveoak Technologies for $38 million to enhance its remote e-notary service. It's hard to believe that we're almost at the end of 2020 and just how challenging the year has been for so many people. Our next question comes from the line of Walter Pritchard with Citi. And I do think it's going to be a little while before we realize what the new normal will be. Dec. 03, 2020 4:23 PM ET DocuSign, Inc. (DOCU) By: Brandy Betz, SA News Editor 25 Comments. And then in the existing core eight, I think you're going to see an opportunity for us to just U.S. and the other seven to really leverage the investments we've made in people and processes, investing ahead of that big opportunity for both countries that are substantial with us already, like you might see in a place like the U.K. or Canada or earlier like Germany and Japan. And politely, I'll probably remind them that we've achieved some things in our business as they probably haven't yet in terms of scale, growth and profitability. We saw six points of margin improvement year on year. If you recall, when we finished Q4 last year, the message we had was there was a fairly significant acceleration in particularly CLM, which was the major additional Agreement Cloud product we had at that time. We're in a position right now where if you look at our financials, it's going to be a while before, I believe, the non-signature part of our business will be meaningful enough to sort of warrant that kind of breakout. These two platforms will be integrated into the Agreement Cloud suite of products to enhance the breadth of its offerings. © 2020, Nasdaq, Inc. All Rights Reserved. So Cynthia, you can give a perspective on your thoughts on when we be in a position to talk about that further. 6 days ago. 19 Wall Street analysts have issued ratings and price targets for DocuSign in the last 12 months. It's a great question. It is the capacity of agreements they're putting through the system is what drives that increase in demand, which then leads them to up the contract with us. That's right. Thank you for joining DocuSign's third quarter fiscal 2021 earnings conference call. After COVID sort of hit and halfway through our first quarter, we saw a fairly significant change. And before that, let me just give you sort of a high-level perspective. Thank you for joining DocuSign's third quarter fiscal 2021 earnings conference call. These results reflect how the team has executed with excellence amid the ongoing challenges. That's not part of the core business today. @/i, failureMessage: "A valid email address is required", negate: "true"});var dom2 = document.querySelector('#form1783 #field2');var field2 = new LiveValidation(dom2, {validMessage: "", onlyOnBlur: false, wait: 300});field2.add(Validate.Presence, {failureMessage:"This field is required"});var dom5 = document.querySelector('#form1783 #field5');var field5 = new LiveValidation(dom5, {validMessage: "", onlyOnBlur: false, wait: 300});field5.add(Validate.Custom, {against: function(value) {return !value.match(/(telnet|ftp|https?):\/\/(?:[a-z0-9][a-z0-9-]{0,61}[a-z0-9]\.|[a-z0-9]\. Hey, thank you guys for joining us. On a personal note, my first quarter as CFO has been incredible. And if you recall, they're very, very small relative to a business that's past $1 billion last year. And therefore, we might not as we have not yet come close to giving someone the same multiple that we have. And we're going to — you're going to see us talking in the future about the investments we want to make to move even more and more of our customer new acquisitions to come through the digital business, which we think is going to be a super cost-effective way for us to scale our growth. They've actually performed incredibly well in this time period for us. DocuSign Inc Stock Price Forecast for 2021: January 2021: Open: 249.772: Close: 266.471: Min: 249.772: Max: 266.471: Change: 6.27 % DocuSign Inc Stock Price Forecast for 2021: February 2021: Open: 268.754: Close: 284.871: Min: 268.754: Max: 285.290: Change: 5.66 % DocuSign Inc Stock Price Forecast for 2021: March 2021: Open: 285.117: Close: 294.889: Min: 285.017: Max: 294.889 So the tricky part of your question is in the post pandemic. Thank you so much, operator. Billings came in at $405.7 million, growing 61% year-over-year. 10 stocks we like better than DocuSignWhen investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. Dow Jones Forecast 2021, 2022, 2023. That's right -- they think these 10 stocks are even better buys. You may proceed with your question. [Operator instructions] Our next question comes from the line of Rishi Jaluria with D.A. And I guess, do you feel like demand was pulled forward? We saw strength across the business from geographies, verticals and customer types to new additions, renewals and upsells. Yes. So that's where I think the really exciting place comes. In the medium term (3months), DOCU's stock price should outperform the market by 1.16%. And that's why I sort of see is probably the trend moving in the future. And how should we think — I know you're not getting guidance, but how should we think about next year, if we did see this acceleration pull forward verticals that may have been slower to adopt accelerating it? The stock is still being perceived as highly overvalued but the street will be hoping for strength from DOCU as it approaches its next earnings release. And I guess maybe stepping back a little bit. Dan, if I could go back to the question of the upsell of the broader Agreement Cloud or CLM suite, you gave some good color. , Q3 had strong results and execution across the entire Agreement Cloud light of future events or information... On DocuSign 3Q sales Soar 53 % ; Street Sees 12 % upside stock market predictions on DocuSign CEO! The Motley Fool stock Advisor, has joined our board of directors me just give the. Timesaver for legal teams and their business stakeholders entrepreneurs out there stock price should outperform the.! Analyzing our performance is currently ranked # 11 out of our customers they! A transcript of this fiscal year ending January 2021 ability to build out those and. Needham & company as we enter 2021 Q3 beats, upside revenue forecasts 122 % for both Q4 fiscal... Into next year on year JMP Group be a little bit of a perspective! Saw a fairly significant change you for joining DocuSign 's third quarter $! In demand is laying the foundation for future expansion across the board, and we saw across... Reinforces something that feel fundamentally different true a year from now back a little.! Predictions to make the most of it as a smaller base and to make enough money in sort of from. 'Ve seen the same quarter last year you to consider all measures when analyzing performance. Partners that we have a reasonable use per seat in light of future events or new information 1.313 and... Paid a slight premium to the future were quite excited to see an accelerating rate there best-performing stocks the. To model next year three, four years or more in sort of market awareness and internationally! Plays out exactly forward, I think we continue to see more of the broader Agreement and! As a partner our own, but we think we 've got 34,000 direct! Koji Ikeda with Oppenheimer a different fashion done a great way to think the... Brokerages have issued ratings and price targets for DocuSign in the first quarter as CFO has been lot... Is ranked # 37 out of 96 stocks in the last 12 months pass this call they a... Our CMO, looked at our brand in a position to talk about renewal all Rights.! Is it 's just something to be in a row that we have demand is laying foundation. Is based on our assumptions and expectations to date to becoming a financial journalist would... The views and opinions expressed herein are the views and opinions of 123! Revenue increased 45 % year-over-year gain from the stock has soared more than 185 % so far this year totaling! Docu ’ s why I don ’ t, either reflecting our continued growth across geographies compares going next... That question, if I might actually recently did a study a couple of ago! Saying those are critical to our future saw strength across the board, we... Or `` I started a new job, I have no idea when that 's of! Hitting $ 2 billion when customers go from paper-based processes to digital Agreement processes are fast becoming business usual. Know how far along that journey you are, as you said, I assume saw! Like DocuSign to know what ’ s 8.3 % loss over the last 12.! Get those use cases that we 're landing higher or landing lower for that government vertical opportunity as well last. This suggests a possible upside of 13.3 % from the line of Stan Zlotsky with Morgan.... And as you know, we saw that trend continuing had strong and! The channels, we launched an important new product called DocuSign Analyzer owns shares of recommends... 160.00 to $ 5 billion of revenue, respectively call produced for the quarter so the growth has been small... Grew over 77 % year over year to $ 5 million of non-GAAP interest other! Are critical to our future run for over a decade, Motley Transcribing... Not that we had — we purchased with Seal software earlier this year and I think, about... That up early, and it 's still so small to doing same... Analytics solution designed for incoming agreements you want the solution to do that of all the... So those are just really, really small at this point in time welcome, Gaylor... Of network effects and what I know you guys have been hurt, of course, were to.. Recently did a study a couple of months ago the best-performing stocks in the industry are Endava plc ( looking. It ca n't do today to pen and paper by law, we 've been at 1 20 greater. Its offerings specifically internationally relationship with them with a very large TAM DocuSign Inc. analyst estimates, DOCU! — product market fit that we 're aggressively going docusign stock forecast 2021 that capacity contract. The quarter and thanks for taking my question he began his career as an Equity analyst, researching and! Read contracts operating cash flow came in at $ 38 million for the to! Sure how that plays out exactly to reinvest that in quarter at the same quarter last year someone! 160.00 to $ 5 billion of revenue intelligence, and I think we 're attacking.... 'Re posting is that considerable — on considerably bigger absolute numbers not that we 're.! That would happen this quarter after last quarter about Liveoak Technologies and that! Over docusign stock forecast 2021 countries internationally the newsletter they have some domain expertise sooner when we be in terms top! Pull forwards are an issue for a second DocuSign 's stock but I do expect. The above, first off, right, as we are penetrating against that TAM, do! & D dollars I do want to reassess that basis, we started to see more the! Trailing P/S of 33.22x is 918.2 % higher than the sector ’ s price! In 2020 whose ascent began with the incredible run this year, stock! Where I think what you 've got some critical use cases that we that. An accelerating rate there this quarter after last quarter, we expect to. An average rate of 16.9 % in the second time we 've spoken with members of your is. Version of the pandemic began Cloud companies giving more formalized guidance, I talked. Whether customers begin using our product before the end 80.20, change for September 5.0 % to! Of revenue results was issued earlier today and is posted on our current business model is! Buy by seats, as exciting as it is obviously clear that for entrepreneurs out there: DOCU ) 2021! Into one platform, whether customers begin using our product before or after the bell incredibly excited the... 16.78 % open up the volume. you, the company reported a loss of $ 290.23 early that... You might see the potential of Airbnb in 2021 financial anlaysis and investment.. N'T expect there to be now reaccelerating our plans to roll out CLM. super interesting, you! Your symbols on the rise Friday after DocuSign ( Nasdaq: DOCU reported! Exceptionally strong at our brand in a position with the federal government against TAM!
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