Docusign: It's Not The E-Signatures, It's The Integrations (And I'm Buying)

Core Viewpoint - Docusign (DOCU) is experiencing significant challenges in the software sector, primarily due to competition from emerging coding and productivity products by companies like Anthropic [1] Company Analysis - Docusign is identified as one of the more beaten-down names in the software sector, indicating a potential undervaluation [1] - The company is facing pressure from a drastic shift in the market landscape, which is affecting its stock performance [1] Industry Context - The software sector as a whole is experiencing a downturn, with many stocks being negatively impacted by new entrants and innovations in coding and productivity tools [1]