DocuSign, Inc. (DOCU): A Bear Case Theory

We came across a bearish thesis on DocuSign, Inc. (DOCU) on Deep Value Returns’ Substack. In this article, we will summarize the bears’ thesis on DOCU. DocuSign, Inc. (DOCU)'s share was trading at $75.28 as of 6^th June.  DOCU’s trailing and forward P/E were 14.31 and 20.07 respectively according to Yahoo Finance.

[caption id="attachment_1208064" align="aligncenter" width="768"] A close-up of a laptop displaying loan documents, representing the company's residential mortgage guaranty insurance and mortgage loans.[/caption]

DocuSign (DOCU) saw its stock fall nearly 17% to...