DocuSign Inc. (DOCU) Stock Falls on Q1 2027 Earnings

DocuSign Inc. (DOCU) reported first-quarter fiscal 2027 revenue of $830.2 million, up 8.72% year-over-year.

Gross profit: $659.0 million (+8.67% YoY).

Operating profit: $111.3 million (+84.73% YoY).

Net income attributable to common shareholders: $78.2 million (+8.48% YoY).

Diluted earnings per share: $0.40 (+17.65% YoY).

Cash flow and balance-sheet highlights show stronger operating cash generation but lower liquidity versus a year ago.

Cash from operating activities: $321.7 million (+27.94% YoY).

Purchases of property, plant and equipment: $32.3 million (capital spending increased 36.53% YoY).

Cash and cash equivalents: $548.0 million (-16.64% YoY).

Total liabilities: $2.16 billion (+11.99% YoY).

The quarter missed consensus on both top and bottom lines versus estimates of $841.2 million for revenue and an EPS estimate of $1.01; shares were down 1.7% since market close.

Note: This financials data is sourced from a third-party provider and has not been independently verified by Quiver.

DocuSign Inc. Insider Trading Activity

DocuSign Inc. insiders have traded $DOCU stock on the open market 41 times in the past 6 months. Of those trades, 0 have been purchases and 41 have been sales.

Here’s a breakdown of recent trading of $DOCU stock by insiders over the last 6 months:

ALLAN C. THYGESEN (President and CEO) has made 0 purchases and 6 sales selling 52,500 shares for an estimated $3,081,215.
ROBERT CHATWANI (President General Mgr, Growth) has made 0 purchases and 9 sales selling 33,180 shares for an estimated $1,933,988.
JAMES P SHAUGHNESSY (Chief Legal Officer) has made 0 purchases and 7 sales selling 24,000 shares for an estimated $1,366,404.
BLAKE JEFFREY GRAYSON (Chief Financial Officer) has made 0 purchases and 3 sales selling 16,015 shares for an estimated $1,105,180.
PAULA HANSEN (Chief Revenue Officer) has made 0 purchases and 7 sales selling 12,000 shares for an estimated $683,317.
MARY AGNES WILDEROTTER sold 3,000 shares for an estimated $144,450
ANNA MARRS has made 0 purchases and 4 sales selling 1,456 shares for an estimated $76,753.
JAMES A BEER has made 0 purchases and 2 sales selling 900 shares for an estimated $45,027.
TERESA BRIGGS has made 0 purchases and 2 sales selling 729 shares for an estimated $34,393.

To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.

DocuSign Inc. Hedge Fund Activity

We have seen 370 institutional investors add shares of DocuSign Inc. stock to their portfolio, and 495 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

AQR CAPITAL MANAGEMENT LLC added 3,456,925 shares (+249.3%) to their portfolio in Q1 2026, for an estimated $163,892,814
NEWLANDS MANAGEMENT OPERATIONS LLC removed 2,922,708 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $138,565,586
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP added 2,283,996 shares (+76.1%) to their portfolio in Q1 2026, for an estimated $108,284,250
QUBE RESEARCH & TECHNOLOGIES LTD added 1,999,837 shares (+1813.7%) to their portfolio in Q1 2026, for an estimated $94,812,272
BLACKROCK, INC. removed 1,971,665 shares (-8.4%) from their portfolio in Q1 2026, for an estimated $93,476,637
GOLDMAN SACHS GROUP INC added 1,897,984 shares (+164.0%) to their portfolio in Q1 2026, for an estimated $89,983,421
MARSHALL WACE, LLP added 1,861,342 shares (+209.5%) to their portfolio in Q1 2026, for an estimated $88,246,224

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.

DocuSign Inc. Analyst Ratings

Wall Street analysts have issued reports on $DOCU in the last several months. We have seen 2 firms issue buy ratings on the stock, and 0 firms issue sell ratings.

Here are some recent analyst ratings:

Citigroup issued a "Buy" rating on 03/18/2026
BTIG issued a "Buy" rating on 02/18/2026

To track analyst ratings and price targets for DocuSign Inc., check out Quiver Quantitative's $DOCU forecast page.

DocuSign Inc. Price Targets

Multiple analysts have issued price targets for $DOCU recently. We have seen 12 analysts offer price targets for $DOCU in the last 6 months, with a median target of $55.0.

Here are some recent targets:

Tyler Radke from Citigroup set a target price of $50.0 on 04/10/2026
Matt Bullock from B of A Securities set a target price of $52.0 on 03/31/2026
Allan Verkhovski from BTIG set a target price of $70.0 on 03/18/2026
Rishi Jaluria from RBC Capital set a target price of $55.0 on 03/18/2026
Karl Keirstead from UBS set a target price of $54.0 on 03/18/2026
Michael Turrin from Wells Fargo set a target price of $60.0 on 03/18/2026
William Power from Baird set a target price of $55.0 on 03/18/2026