Billionaire Stan Druckenmiller’s 10 Stock Picks with Huge Upside Potential

5. DocuSign, Inc. (NASDAQ:DOCU)

Duquesne Capital’s Stake Value: $87.47 million

Analyst Upside as of June 15: 21.21%

Number of Hedge Fund Holders:

DocuSign Inc. (NASDAQ:DOCU) is one of billionaire Stan Druckenmiller’s top stock picks with huge upside potential. RBC Capital analysts maintained their price target at $90 for DocuSign Inc. (NASDAQ:DOCU) alongside a Sector Perform rating on June 6. The update followed the company’s recent quarterly report, which revealed mixed results.

DocuSign Inc. (NASDAQ:DOCU)reported weaker-than-expected billings growth, which contributed to the company’s price falling by 17% during after-hours trading. The company reported that despite its net revenue retention (NRR) staying steady at 101%, its billings growth was just 4% greater year-over-year, falling short of both guidance and the consensus.

The company also updated its fiscal year 2026 billings projection, reducing it by $15 million below the midpoint consensus. In addition, the second quarter billings guidance fell short of expectations. That said, improved gross retention along with increased IAM upsells might lead to increases in dollar net retention over the year, according to management.

DocuSign Inc. (NASDAQ:DOCU) is a global provider of electronic signature solutions. It delivers document generation, contract lifecycle management (CLM), and an AI-powered Intelligent Agreement Management (IAM) platform.