DocuSign stock reports a Q2 beat and raises fiscal 2027 guidance

Published on 10/04/2026 at 22:47 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

DocuSign stock closed at USD 69.01 on October 2, 2026, after Q2 adjusted EPS reached USD 1.16. Fiscal 2027 revenue guidance rose to USD 3.499 billion-USD 3.507 billion.

DOCU, US2561631068, Illustration mit AI erstellt.

DocuSign (ISIN US2561631068) closed at USD 69.01 on Nasdaq on October 2, 2026, down 1.05 percent from USD 69.74. The company delivered a Q2 fiscal 2027 earnings beat and raised its full-year outlook, according to Yahoo Finance on September 3, 2026. For investors, the key question is whether Intelligent Agreement Management can turn improving margins into faster recurring-revenue growth.

Revenue and EPS beat estimates

DocuSign reported Q2 revenue of USD 875.75 million, up 9.4 percent year over year, while adjusted EPS reached USD 1.16. The figures exceeded consensus revenue of USD 867.22 million and consensus EPS of USD 1.09, according to MarketBeat in its September 27, 2026 report.

GAAP diluted EPS was USD 0.40 in the quarter, up 33 percent year over year, while non-GAAP operating margin reached 31.6 percent, an increase of 180 basis points. IAM accounted for 15.1 percent of total annual recurring revenue, compared with 12.6 percent in the first quarter of fiscal 2027, as Yahoo Finance reported from the September 3, 2026 earnings call.

Guidance points to measured growth

Management raised fiscal 2027 revenue guidance to USD 3.499 billion-USD 3.507 billion, a 9 percent increase at the midpoint. Fiscal 2027 ARR growth is now expected at 8.5%-9.0%, compared with 8.0% in fiscal 2026, while IAM is projected to represent 18%-19% of total ARR by the end of the fiscal year, according to Zacks on September 24, 2026.

The growth profile remains disciplined rather than aggressive. Third-quarter revenue guidance is USD 886 million-USD 890 million, with non-GAAP operating margin projected at 31.3%-31.7%, and the company expects continued investment in cloud migration and AI-enabled agreement workflows.

Analysts remain cautious

MarketBeat reports a Hold consensus from 18 covering firms, including 14 Hold ratings, three Buys and one Sell, with an average price target of USD 67.33 on September 27, 2026. At USD 69.01, the stock price is 2.5 percent above that consensus target, leaving the market focused on execution rather than valuation expansion.

UBS maintained a Neutral rating while lifting its target from USD 54.00 to USD 70.00 on September 4, 2026, according to Benzinga. The target revision supports the outlook, but the Hold consensus shows that analysts still expect moderate rather than rapid appreciation.

DocuSign stock stays below its yearly high

DocuSign stock closed at USD 69.01 on Nasdaq on October 2, 2026. The price stood below the 52-week high of USD 75.00 and above the 52-week low of USD 40.16, while market capitalization was USD 13.2 billion and trading volume reached 1,882,196 shares.