Oppenheimer analyst Brian Schwartz maintained a Buy rating on DocuSign (NASDAQ:DOCU) on Friday, setting a price target of $250, which is approximately 6.92% above the present share price of $233.82.
Schwartz expects DocuSign to post earnings per share (EPS) of -$0.13 for the fourth quarter of 2021.
The current consensus among 13 TipRanks analysts is for a Moderate Buy rating of shares in DocuSign, with an average price target of $215.3.
The analysts price targets range from a high of $307 to a low of $170.
In its latest earnings report, released on 07/31/2021, the company reported a quarterly revenue of $511.84 million and a net profit of -$22.61 million. The company's market cap is $46 billion.
According to TipRanks.com, Oppenheimer analyst Brian Schwartz is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 32.8% and a 75.36% success rate.
Founded in 2003 and headquarterd in California, DocuSign, Inc. is a cloud-based electronic signature solutions name that helps companies and individuals to manage electronic agreements. The company automates manual, paper-based processes, allowing users to manage all aspects of documented business transactions including identity management, authentication, digital signature, forms and data collection, collaboration, workflow automation and storage.