What Does Wall Street Think About DocuSign (DOCU)?

DocuSign, Inc. (NASDAQ:DOCU) is one of the best most oversold large cap stocks so far in 2025. On September 8, Morgan Stanley raised the firm’s price target on DocuSign, Inc. (NASDAQ:DOCU) to $90 from $86 while keeping an Equal Weight rating on the shares.

Why DocuSign, Inc. (DOCU) Crashed On Friday

The firm told investors that it is bringing up its topline and operating margin forecasts “slightly” in the out years after a billings beat.

Similarly, RBC Capital raised the firm’s price target on DocuSign, Inc. (NASDAQ:DOCU) to $95 from $90 on September 5, keeping a Sector Perform rating on the shares.

The firm told investors in a research note that DocuSign, Inc. (NASDAQ:DOCU) reported strong Q2 results, with revenue, subscription revenue, non-GAAP operating margin, and billings surpassing consensus and guidance.

DocuSign, Inc. (NASDAQ:DOCU) provides cloud-based electronic signature solutions, allowing individuals and companies to automate data workflows, collect information securely, and sign anything.

The company’s products include Document Generation, eSignature, Standards-Based Signatures, CLM, Gen for Salesforce, and Notary and Web Forms.

While we acknowledge the potential of DOCU to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than DOCU and that has 100x upside potential, check out our report about this cheapest AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.