Previous close | 58.60 |
Open | 57.87 |
Bid | 59.26 x 1400 |
Ask | 59.35 x 1100 |
Day's range | 57.87 - 60.19 |
52-week range | 39.57 - 131.91 |
Volume | |
Avg. volume | 5,765,157 |
Market cap | 11.914B |
Beta (5Y monthly) | 0.99 |
PE ratio (TTM) | N/A |
EPS (TTM) | -0.45 |
Earnings date | 08 Mar 2023 - 13 Mar 2023 |
Forward dividend & yield | N/A (N/A) |
Ex-dividend date | 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.