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U.S. equities were higher at midday when the Labor Department reported May job creation was better than anticipated. The Dow Jones Industrial Average, S&P 500, and Nasdaq all rose.
DocuSign cut its billings forecast for the full fiscal year, while billings for the fiscal first quarter fell short of estimates. The downbeat forecast overshadowed the company's better-than-expected earnings and revenue results.
Live Updates Live Coverage Has Ended One Positive... 5:00 pm by Joel South As of 5 p.m. ET, DocuSign is now down 16%. As we’ve noted in prior updates, this likely is due to lower-than-expected billings guidance. The punishment to the stock is harsher than we would have imagined given these results. One positive to take away from the quarter if you’re a long-term holder of DocuSign: the company raised its share repurchase program by a billion dollars. Digging into Why DocuSign is Down 4:31 pm by Joel South One key reason DocuSign is down after-hours: the company now expects billings to come in between $3.28 and $3.34 bllion. Previously, the company had guided to $3.3 billion to $3.35 billion. That’s a slight decrease, but for a company where the main concern weighing on shares is future growth expectations, billings moving in the wrong direction paints a picture of more headwinds to come. Earnings are Out and Docusign is Down 15% 4:25 pm by Eric Bleeker DocuSign beat o
Live Updates Live Coverage Has Ended Conference Call is Starting Now 5:07 pm by Joel South Broadcom’s conference call is starting now. You can listen in here if you’d like. The stock is currently down 3.4%. However, it’s worth noting that almost every major stock reporting tonight is seeing red after-hours. Lululemon is down 22%, DocuSign is down 16%, and Rubrik jumped 6% after its earnings were released. However, its shares are now flat. Translation: After a furious two-month stock market rally, investors expectations for what companies should be delivering has risen. If any material news impacts Broadcom’s share price during its conference call we’ll post an update. One Standout Figure from Broadcom's Earnings 4:41 pm by Eric Bleeker One figure to pay attention to is that Broadcom is guiding to AI revenue next quarter of $5.1 billion, that’s above Wall Street’s expectations of $4.8 billion. Keep in mind that Broadcom’s stock has mo
Live Updates Live Coverage Has Ended Rubrik the Rare Winner Tonight 5:04 pm by Joel South Tonight’s most anticipated earnings have generally been dreary. Lululemon is down 22%, DocuSign down 16%, and Broadcom is down 4%. So, perhaps its not surprising that after initial gains of 6%, shares of Rubrick are now flat after-hours as of 5:05 p.m. ET. The company still has its earnings call, but after a furious rally in stocks across the past two months, expectations for earnings have clearly risen. Shares Surge on Strong Earnings 4:34 pm by Joel South Shares of RBRK soared in after-hours trading after reporting strong Q1 results. The stock is up 6.02% since the close. Rubrik kicked off its FY 2026 with impressive Q1 results, exceeding all guided metrics and showcasing strong growth across key areas. The cyber resilience company reported a 49% year-over-year revenue increase to $278.5 million and a 38% rise in subscription annual recurring revenue (ARR) to $1.18 billion. The company now
Docusign (DOCU) did not participate in Friday morning's market rally after it posted lower full-year billings in its earnings. Loop Capital bit into McDonald's (MCD) bull thesis by downgrading the stock from buy to hold.
DocuSign, Inc. DOCU posted better-than-expected first-quarter results after Thursday's closing bell.
DocuSign Inc (NASDAQ:DOCU) stock is sinking, last seen down 17.1% at $76.99, despite the e-signature company reporting fiscal first-quarter earnings of $0.90 per share on $763.7 million in revenue, exceeding estimates of $0.81 and $747 million, respectively.
The e-signature stock plunged on disappointment over the company's 4% year-over-year growth in billings.
Docusign (NASDAQ:DOCU) shares plunged more than 17% in early trade on Friday as the electronic document signing company reported mixed earnings for the fiscal first quarter. A billings miss and lower fiscal 2026 billings guidance overshadowed beats on the top and bottom lines.