Docusign Posts Q4 Beat, IAM Is A 'Compelling Long-Term Opportunity': Analysts

DocuSign Inc (NASDAQ: DOCU) reported Q4 results with non-GAAP earnings of $1.01 per share, surpassing the consensus estimate of 95 cents, and revenue of $837 million, exceeding expectations of $827 million. Analysts from Citizens JMP Securities and BTIG provided mixed ratings, with JMP reducing the price target from $124 to $86, while BTIG maintained a $70 target. The company anticipates first-quarter revenue between $822-$826 million and non-GAAP operating margins of 29.0%-29.5%. Shares rose 3.13% to $49.03 following the earnings announcement.