Why Are DocuSign Shares Up On Friday?

DocuSign Inc (NASDAQ: DOCU) shares rose 0.96% to $48.31 following the release of its fourth-quarter fiscal 2026 results, which included adjusted earnings of $1.01 per share, exceeding the analyst consensus of 95 cents. The company reported total revenue of $836.86 million, an 8% year-over-year increase, surpassing estimates of $827.84 million. Additionally, DocuSign's board authorized a $2 billion increase to its share buyback program, raising total authorization to $2.6 billion, and provided strong revenue guidance for fiscal 2027, expecting between $3.48 billion and $3.50 billion, above the consensus of $3.42 billion.