DocuSign Receives Hold Rating from RBC Capital with $90 Price Target

DocuSign (DOCU) receives a Hold rating from RBC Capital with a price target of $90.00. The company reported a quarterly revenue of $763.65 million and a net profit of $72.09 million. The analyst consensus rating is Moderate Buy with an average price target of $89.27.

DocuSign Inc. (DOCU), a leading provider of electronic signature solutions, has seen analysts adjust their ratings and price targets following the company's strong Q2 financial performance. The company reported a quarterly revenue of $763.65 million and a net profit of $72.09 million [1].

RBC Capital has assigned a Hold rating to DOCU with a price target of $90.00, reflecting a cautious stance on the stock. However, the analyst consensus remains Moderate Buy with an average price target of $89.27, indicating a generally bullish outlook among analysts [1].

Russell Investments Group Ltd. recently increased its stake in DOCU by 23.8%, acquiring an additional 32,521 shares, bringing its total holdings to 169,344 shares worth approximately $13.91 million [2]. This move underscores the confidence of institutional investors in the company's stock valuation.

Several other institutional investors have also recently added to or reduced their stakes in DOCU. Hemington Wealth Management increased its holdings by 318.1% in the 1st quarter, while Golden State Wealth Management LLC grew its position by 519.4% during the same period [2].

DocuSign's board has initiated a $1 billion share repurchase plan, allowing the company to repurchase up to 6.6% of its shares through open market purchases. This move is often seen as a sign of confidence in the stock's undervaluation by the company's board of directors [1].

Analysts from various firms have also adjusted their ratings and price targets for DOCU. Wells Fargo, for instance, raised its rating to "equal weight" and increased the price target from $67 to $80 [2]. Citigroup, UBS Group, and Robert W. Baird have also made changes to their ratings and price targets, reflecting a mix of neutral and buy recommendations [1].

Despite the recent analyst adjustments, DOCU continues to face a Hold rating from RBC Capital, suggesting a cautious approach to the stock. However, the overall analyst consensus remains Moderate Buy, indicating a generally positive outlook among financial professionals.

References:
[1] https://www.marketbeat.com/instant-alerts/filing-docusign-inc-nasdaqdocu-shares-sold-by-prudential-plc-2025-08-17/
[2] https://www.marketbeat.com/instant-alerts/filing-docusign-inc-docu-shares-purchased-by-russell-investments-group-ltd-2025-08-18/