|Bid||59.26 x 1400|
|Ask||59.35 x 1100|
|Day's range||57.87 - 60.19|
|52-week range||39.57 - 131.91|
|Beta (5Y monthly)||0.99|
|PE ratio (TTM)||N/A|
|Earnings date||08 Mar 2023 - 13 Mar 2023|
|Forward dividend & yield||N/A (N/A)|
|1y target est||62.79|
Long-term investors in DocuSign (NASDAQ: DOCU) are in a world of pain. Companies like Zoom Video Communications, Teladoc Health, and Peloton Interactive were founded years before anyone had heard of COVID-19, and their business models do not rely on millions of people remaining housebound week after week. DocuSign's fundamentals reveal a thriving company.
The Nasdaq Composite index, which has a bigger than average share of tech stocks in it, plunged 33% for the year as inflation and interest rates climbed. A look back at the Nasdaq Composite's 51-year history shows that back-to-back losing years are incredibly rare. The broader tech sell-off was brutal for the following five stocks, but if history repeats for the Nasdaq, these five tech stocks could have a great 2023 too.
Yahoo Finance's Brad Smith breaks down how markets are trading, plus how Microsoft earnings are weighing on software stocks.