Loop Capital Keeps CS Disco at Hold Rating with $4.50 Target

Loop Capital Markets maintains a Hold rating for CS Disco with a price target of $4.50. The company's shares closed at $4.13. The analyst consensus is a Hold with an average price target of $6.63. The market cap is $249.9M and P/E ratio is -4.38. Corporate insider sentiment is negative with 37 insiders selling their shares over the past quarter.

CS Disco Inc. (NYSE: LAW) is scheduled to announce its Q2 2025 earnings on August 6th. According to MarketBeat [1], analysts anticipate an earnings per share of (-$0.07) and revenue of $37.61 million. Analysts at Needham & Company have reaffirmed a "buy" rating for CS Disco with a price target set at $8.00.

The company's stock performance has been mixed, with shares opening at $3.97 on Monday. The 50-day simple moving average is $4.18, and the 200-day simple moving average is $4.30. The stock has a 52-week low of $3.31 and a 52-week high of $6.64. The market cap is $241.42 million, with a price-to-earnings ratio of -4.22 and a beta of 2.05.

In other news, corporate insider sentiment is negative, with CEO Eric Friedrichsen and EVP Michael Lafair selling a significant portion of their shares. Friedrichsen sold 118,054 shares, and Lafair sold 15,395 shares, totaling a 9.41% and 1.80% decrease in their positions, respectively [1]. Institutional investors also showed interest, with several adding to their stakes in the first quarter [1].

Loop Capital Markets maintains a Hold rating for CS Disco with a price target of $4.50, while the analyst consensus is a Hold with an average price target of $6.63. The company's shares closed at $4.13, with a market cap of $249.9M and a P/E ratio of -4.38 [2].

CS Disco, Inc provides cloud-native and artificial intelligence-powered legal solutions for legal hold, legal request, ediscovery, legal document review, and case management. The company's reported EPS for the quarter ended June 30, 2025, was a loss of 18 cents per share, higher than the same quarter last year, when the company reported EPS of -7 cents [2].

The mean earnings estimate of analysts had fallen by about 3.1% in the last three months. The current average analyst rating on the shares is "hold," with a breakdown of recommendations being 2 "strong buy" or "buy," 2 "hold" and 1 "sell" or "strong sell" [2].

References:
[1] https://www.marketbeat.com/instant-alerts/cs-disco-law-expected-to-announce-earnings-on-wednesday-2025-07-30/
[2] https://www.tradingview.com/news/reuters.com,2025:newsml_L8N3TZ00P:0-cs-disco-inc-reports-results-for-the-quarter-ended-june-30-earnings-summary/