DocuSign (DOCU) Appreciates 40% in Six Months: Here's How

DocuSign, Inc. (DOCU) shares have gained 40% in the past six months, significantly outperforming the 18.4% rise of the Zacks S&P 500 composite.Reasons Behind the RallyDocuSign registered growth in both earnings and revenues in the fourth quarter of fiscal 2024. Non-GAAP earnings of 76 cents per share increased 17% year over year and total revenues of $712.4 million were up 8% year over year.The company’s earnings surpassed the Zacks Consensus Estimate in all the trailing four quarters, delivering an average ...