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DocuSign Stock Soars After Better-Than-Feared Quarter

Despite its rise following the earnings release, DocuSign's stock is not expensive.

By Parkev Tatevosian, CFA – Sep 13, 2022 at 4:47PM EST

DocuSign (DOCU 0.69%) reported fiscal 2023 second-quarter earnings that pleased the market. The electronic signature provider's stock soared following the announcement. In this video, I will highlight the figures that impressed the market. 

Stock prices used were the afternoon prices of Sept. 12, 2022. The video was published on Sept. 12, 2022.

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About the Author

Parkev Tatevosian, CFA
A Fool since 2019, and a graduate of Cal State LA with a B.S. in Finance and M.A. in Economics. Parkev is an adjunct professor of Finance and enjoys reading about financial and economic history. You'll often find him writing about stocks in the consumer goods and technology sectors.
TMFParkev
X@TMFParkev

Parkev Tatevosian has positions in DocuSign. The Motley Fool has positions in and recommends DocuSign. The Motley Fool recommends the following options: long January 2024 $60 calls on DocuSign. The Motley Fool has a disclosure policy.

Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through fool.com/parkev, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.

Stocks Mentioned

Docusign Stock Quote
Docusign
NASDAQ: DOCU
$45.74
(-0.69%)-$0.32

*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.

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