DOCU - Is Now the Time to Buy DocuSign Stock?
2024-02-24 09:35:00 ET
With over 1.4 million paying customers, DocuSign (NASDAQ: DOCU) is the largest e-signature company in the world. It's estimated to hold a nearly 68% share of the e-signing market.
Even so, its stock is currently well below the 52-week high of $66.98 achieved last March, and down from the more than $60 per share reached in January. The current dip in share price could be a buying opportunity, or a signal to avoid the company. To know which, you have to examine what's going on with DocuSign in more detail.
And now is a good time to do so, since DocuSign is scheduled to release fiscal fourth-quarter earnings on March 7. So let's dive into the company to determine if it's a worthwhile investment.
For further details see:
Is Now the Time to Buy DocuSign Stock?