Could DocuSign Change Course in Q4?

TipRanks2022-03-03

DocuSign (NASDAQ:DOCU) got a significant boost from the COVID-19 pandemic, which drove customer demand for its products and offerings at an unprecedented pace. However, the economic reopening led to a...

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Comments

ops22
2022-03-04
ops22
Like pls
Mindthink
2022-03-04
Mindthink
Ok
mel18
2022-03-04
mel18
Still a charm
claratan
2022-03-04
claratan
Wow
大赢家 BIG WINNER
2022-03-04
大赢家 BIG WINNER
Ok
GlitterD
2022-03-04
GlitterD
Ok

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However, the economic reopening led to a...</p>\n\n<a href=\"https://www.tipranks.com/news/article/could-docusign-change-course-in-q4/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"DOCU","symbol_name":"Docusign","start_time":0,"source_url":"https://www.tipranks.com/news/article/could-docusign-change-course-in-q4/","article_id":"1154818501","we_media_id":null,"thumbnails":[],"rights":{"source":"lsy1606183248679","url":"https://www.tipranks.com/news/article/could-docusign-change-course-in-q4/","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=1154818501","pubTimestamp":1646317699,"sourceInfo":{"source_id":"lsy1606183248679","name":"TipRanks"},"weMediaInfo":null,"summary":"DocuSign (NASDAQ:DOCU) got a significant boost from the COVID-19 pandemic, which drove customer dema","collect":0,"end_time":0,"defaultTopTitle":"tipranks.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"DOCU":"Docusign"},"translate_title":"DocuSign能在第四季度改变路线吗？","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"DOCU":0.9},"content_text":"DocuSign (NASDAQ:DOCU) got a significant boost from the COVID-19 pandemic, which drove customer demand for its products and offerings at an unprecedented pace. However, the economic reopening led to a slowdown in demand, and in turn, weighed on its financials and stock price.DocuSign stock has fallen more than 61% in the past six months. Meanwhile, it has lost nearly 25% of its value this year alone.This drop in DocuSign’s stock price reflects a moderation in growth. DocuSign’s top-line growth slowed from 58% in Q1 to 42% in Q3. Besides revenues, DocuSign’s billings growth has also slowed. It has decelerated from 51% in Q1 to 28% in Q3.What’s in Store for Q4?It’s worth noting that the economic reopening and difficult year-over-year comparisons will likely hurt DocuSign’s near-term prospects. 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