Electronic signature company DocuSign (NASDAQ:DOCU) will be announcing earnings results this Thursday after the bell. Here’s what to expect.
DocuSign beat analysts’ revenue expectations by 2.5% last quarter, reporting revenues of $800.6 million, up 8.8% year on year. It was a very strong quarter for the company, with a solid beat of analysts’ billings estimates and an impressive beat of analysts’ annual recurring revenue estimates.
Is DocuSign a buy or sell going into earnings? Read our full analysis here, it’s free for active Edge members.
This quarter, analysts are expecting DocuSign’s revenue to grow 6.9% year on year to $807 million, in line with the 7.8% increase it recorded in the same quarter last year. Adjusted earnings are expected to come in at $0.91 per share.
Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. DocuSign has a history of exceeding Wall Street’s expectations, beating revenue estimates every single time over the past two years by 1.6% on average.
Looking at DocuSign’s peers in the productivity software segment, some have already reported their Q3 results, giving us a hint as to what we can expect. Dropbox posted flat year-on-year revenue, beating analysts’ expectations by 1.7%, and Box reported revenues up 9.1%, topping estimates by 0.7%. Dropbox traded down 64.9% following the results while Box was also down 3.3%.
Read our full analysis of Dropbox’s results here and Box’s results here.
Questions about potential tariffs and corporate tax changes have caused much volatility in 2025. While some of the productivity software stocks have shown solid performance in this choppy environment, the group has generally underperformed, with share prices down 4.1% on average over the last month. DocuSign is down 5.7% during the same time and is heading into earnings with an average analyst price target of $94.06 (compared to the current share price of $69.05).
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