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Will DocuSign Be a Trillion-Dollar Stock by 2040?
DOCUDocuSign(DOCU) The Motley Fool·2024-04-16 08:15

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 ...