DocuSign Plunges 17.87% on Lowered Billings Guidance

On June 6, 2025, DocuSign's stock plummeted by 17.87% in pre-market trading, marking a significant downturn for the electronic signature software company.

DocuSign's recent stock decline can be attributed to the company's decision to lower its full-year billings guidance. This revision has raised concerns among investors about the company's future financial performance. Despite reporting strong first-quarter results, the lowered billings forecast has overshadowed the positive earnings report, leading to a sharp drop in stock price.

Analysts have maintained a "Hold" consensus on the stock, with mixed sentiments regarding its future prospects. The company's billings guidance for the year has been revised downwards, reflecting a slowdown in growth compared to previous quarters. This has led to uncertainty among investors, who are now questioning the sustainability of DocuSign's current growth trajectory.

Despite the recent setbacks, some analysts believe that the current pullback in DocuSign's stock price could present a buying opportunity for long-term investors. However, the company will need to address investor concerns and provide clearer guidance on its future financial performance to regain market confidence.