Docusign - AI Stock Analysis

Analysis generated January 17, 2026

DocuSign, Inc. is a leading provider of electronic signature technology and digital transaction management services. Its primary service, DocuSign eSignature, allows users to sign documents electronically from virtually any device. The company has evolved its offerings to include broader solutions for automating the entire agreement process, making it a critical component in the push towards digital transformation for many organizations.

Fundamental Analysis

Revenue: Revenue for the last quarter was $818M, reflecting a 2.21% increase from the previous quarter. Compared to the same quarter last year, revenue rose by 8.42%. These figures indicate consistent growth, an essential metric for assessing the company's market position and operational efficiency.

Net Income: The net income for the last quarter was $84M, representing a 32.96% increase compared to the previous quarter, and a 34.13% increase year-over-year. This substantial growth in net income underscores improved profitability and cost management strategies.

EBITDA: EBITDA for the last quarter amounted to $195M, showing an 11.52% increase from the previous quarter and a remarkable 95.73% increase year-over-year. The significant year-over-year growth suggests enhanced operational efficiency and stronger earnings before interest, taxes, depreciation, and amortization.

P/E Ratio: The current Price-to-Earnings (P/E) ratio is 41.74. While a high P/E ratio often signals strong expected future growth, it may also indicate potential overvaluation, which investors should approach cautiously.

Insider Activity: Insider selling in recent months can be a bearish indicator, possibly reflecting a lack of confidence in the short-term performance of the company.

Technical Analysis

Stock Price: The current stock price is $56.71, which is a 16.34% decrease from a month ago and a 36.71% decrease from a year ago, indicating a bearish trend.

SMA10: The current Simple Moving Average (SMA10) is 64.40, down from the previous SMA10 of 65.69. This downward trend suggests continuous bearish momentum.

RSI: The Relative Strength Index (RSI) stands at 75.4, indicating that the stock might be overbought, another bearish signal that prompts caution.

Alternative Data Analysis

Job Postings and Employee Sentiment: Docusign currently has 277 open positions, down by 17% in the last couple of months, indicating a potential shift towards cost-cutting measures. Employee sentiment is neutral, which does not particularly instill confidence in imminent growth.

Customer Acquisition: The company has an estimated 51M visitors to their website. However, this number is down by 8% over the past couple of months. Similarly, daily mobile app downloads have decreased by 33%. These downward trends could signal a loss in customer interest and acquisition.

Customer Engagement: Despite showing a 4% increase in Instagram followers, Twitter followers have decreased by 4%. This mixed engagement data presents a mixed outlook on customer engagement and interest.

AI Score: According to AltIndex's AI score, which takes into account fundamental, technical, and alternative data, DocuSign has an AI score of 40, classifying it as a sell signal.

Conclusion and Recommendation

DocuSign presents mixed signals across its fundamental, technical, and alternative data analyses. While the revenue, net income, and EBITDA figures will impress with evidence of robust growth and operational efficiency, technical indicators show a bearish trend. The company’s P/E ratio suggests potential overvaluation, and insider selling adds to the bearish sentiment. Moreover, alternative data reflecting a decrease in job postings and customer engagement points toward cautious future prospects.

Given these mixed signals and overall bearish indicators, it is wise for potential investors to approach DocuSign cautiously. Conducting further individual research and considering one's risk tolerance would be prudent before making investment decisions.

Disclaimer: This AI stock analysis, generated by an experimental AI tool, is for informational purposes only and not financial advice. Information is based on publicly available data and may not always be accurate or current.