Media Relations: Corporate Communications [email protected] Copyright 2024. Docusign, Inc. is the owner of DOCUSIGN® and all its other marks (www.docusign.com/IP). Investor Relations: Investor Relations [email protected] SAN FRANCISCO, May 16, 2024 /PRNewswire/ -- Docusign (Nasdaq: DOCU) today announced that its first quarter fiscal 2025 results will be released on Thursday, June 6, 2024, after the close of the market. The company will host a conference call at 2:00 p.m. Pacific Standard Time (5:00 p.m. Eas ...

The latest trading session saw DocuSign (DOCU) ending at $59.50, denoting a -0.5% adjustment from its last day's close. The stock fell short of the S&P 500, which registered a gain of 1.03% for the day. Elsewhere, the Dow gained 0.46%, while the tech-heavy Nasdaq added 1.19%.Prior to today's trading, shares of the provider of electronic signature technology had gained 0.55% over the past month. This has outpaced the Business Services sector's loss of 3.42% and the S&P 500's loss of 1.57% in that time.Market ...

Gaurav Oberoi, Lexion CEO.Docusign announced an agreement to acquire Lexion for $165 million, signaling plans to integrate the Seattle-based company’s AI-powered contract management technology into its Intelligent Agreement Management Platform. The deal looks to be a successful exit for Lexion, which got its start in 2018 after co-founders Gaurav Oberoi (CEO), Emad Elwany (CTO), and James Baird (principal architect) met at the Allen Institute for AI in Seattle. Lexion raised about $36 million since its foun ...

As DocuSign reportedly explores a sale to private equity, it’s acquiring a company itself.On Monday, DocuSign announced that it’s buying Lexion, a contract workflow automation startup, for $165 million. The purchase comes as DocuSign makes increasing investments in the contract management space, most recently launching DocuSign IAM, a service aimed at connecting different components of the corporate agreement creation and negotiation process.Lexion was incubated at the Allen Institute for Artificial Intelli ...

Lexion's innovative AI-based agreement technology simplifies and centralizes the contract process, enabling accelerated drafting, negotiation, and review of agreements. With a suite of solutions designed for creating automated workflows and extracting vital information from contracts, Lexion has established itself as a proven leader in streamlining agreement management. "We are thrilled to welcome Lexion to Docusign," said Allan Thygesen, Chief Executive Officer at Docusign. "We share a vision of smarter ag ...

Investors might want to bet on DocuSign (DOCU) , as it has been recently upgraded to a Zacks Rank #2 (Buy). An upward trend in earnings estimates -- one of the most powerful forces impacting stock prices -- has triggered this rating change.A company's changing earnings picture is at the core of the Zacks rating. The system tracks the Zacks Consensus Estimate -- the consensus measure of EPS estimates from the sell-side analysts covering the stock -- for the current and following years.Individual investors of ...

Key PointsShares of DocuSign have been rallying since November and the recovery rally continues to gain steam.A run of good earnings, a bullish outlook and analyst upgrades have given the stock a lot of momentum, and it looks like it will continue.Last week saw a fresh analyst upgrade, suggesting there's still more than 60% of upside to be realized from current levels.5 stocks we like better than DocuSignWith as much as a 60% gain since November, you might think that shares of DocuSign, Inc. NASDAQ: DOCU we ...

DocuSign (DOCU) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future.Shares of this provider of electronic signature technology have returned -2.5% over the past month versus the Zacks S&P 500 composite's -0.9% change. The Zacks Technology Services industry, to which DocuSign belongs, has lost 3.1% over this period. Now the key question is: Where could the stock be head ...

The e-signature services leader is trying to restart its growth engines.DocuSign (DOCU -3.79%), the world's top provider of e-signature services, went public in April 2018 at $38 per share. Its shares eventually soared to an all-time high of $310.05 on Sept. 3, 2021, which boosted its market cap to $61 billion.But today, DocuSign's stock trades at about $59, with a market cap of $12 billion. The bulls retreated as the company's growth slowed and rising interest rates compressed its valuation. The abrupt dep ...

Docusign IAM helps business recapture annual $2T in lost global economic value*SAN FRANCISCO, April 11, 2024 /PRNewswire/ -- Docusign (NASDAQ: DOCU) today announced a significant expansion of its company strategy, opening up a new SaaS category — Intelligent Agreement Management — and unveiling Docusign IAM, an Intelligent Agreement Management platform and suite of applications to lead that category. Docusign IAM will help businesses of all kinds transform agreement data into insights and actions, accelerat ...