Growth Projections Analysis of DocuSign - Paper Sample

DocuSign is currently dominant, controlling roughly 70 percent of “the e-signature market.” DocuSign was established in 2003, and its primary goal is accelerating businesses and simplifying life for citizens and firms across the globe. This is achieved through its technology on e-signature, enabling companies to automate and connect ways of preparing, managing, and signing agreements, which is useful in reducing errors, costs, and delays (Miles, 2018). For investors searching for stocks with profitable returns, Docusign Inc. is the best option. Yearly, the DOCU stock price has the potential to rise from 213.725-440.105 USD, which further proves its potential for expansion. Forecasts reveal possibilities of long-term expansions, for instance, a stock price of roughly $1449.610 in 2025. This means that with the present investment being 100 dollars, in 2025, it may rise to approximately $ 680.07.

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The latest results from DocuSign's analysts further reveal an increase in revenue by 1.27 billion dollars in 2021, which is an increase of 31 percent compared to the previous year, which is also an improvement from previous consensus expectations 1.22 USD revenue. Statutory losses per share are predicted to reach 0.98 dollars, which is an improvement from the 1.00 USD losses. The reports, therefore, reveal optimistic DocuSigns' future and the space for expansion.

Similarly, DocuSign's analysts forecasting yearly prices currently have 210 as their lowest estimates, 300 as the highest, and 260 as the median target. This reveals an increase of 21.96 percent with regard to (213.18) the previous price, which furthers the company’s potential for expansion in the coming years and a conducive environment for investors.

The company’s cloud-based platforms give it a competitive advantage. It acts as a pathway through which over millions of customers and 350 thousand firms can make practically all approval processes and agreements securely across the globe and from nearly all devices (Miles, 2018). Presently, 10 out of the 15 prominent universal financial services firms, 18 of the 20 universal pharmaceutical organizations, 7 of 10 universal technology firms, and roughly 800 local, state, and federal government agencies are DocuSign’s clients. Similarly, since its foundation, the company has completed above 650M successful transactions. The increasing number of individuals and organizations joining the DocuSign platform acts as proof of its effective operations.

Its success is based on its "market-leading" monitoring of infrastructure and technology, with over 300 million dollars invested in development and research since its establishment. This further guarantees that the company can deal with increased customer necessities. The company offers increased security, “prebuilt partner connectors,” 99.99 percent availability, and extensive API (to connect and embed the firm's platform with custom workflows, device apps, and client websites). Our clients range from sole proprietorships to prominent universal enterprises, and in every company, DocuSign's technology can be incorporated in all business operations. Examples include non-disclosure contracts, work proposals concerning human resources, and agreements for sales. Most DocuSigns clients implement over 300 such cases in their enterprises.

References

Miles, J. (2018). The DocuSign Company: What Made It The Global Standard? Bold Business. Retrieve from: https://www.boldbusiness.com/digital/docusign-company-becoming-global-standard/