FMP
Jun 5, 2024 4:20 PM - Davit Kirakosyan
Citi analysts slashed their price target for Docusign (NASDAQ:DOCU) to $86 from $93, while maintaining a Buy rating, ahead of the company’s Q1/25 earnings report, scheduled tomorrow, after the market close.
The analysts indicated that the outlook for the company appears balanced, as industry checks show that partners met Q1 targets and web traffic showed slight improvement. While the near-term guidance seems attainable, there may be challenges in achieving higher growth in the second half of the year due to cautious partner commentary and macroeconomic uncertainties.
Citi’s fiscal 2025 operating margin forecast is about 100 basis points higher than the consensus, indicating continued opportunities for margin improvement, even after recent workforce reductions, as DOCU focuses on product-led growth (PLG) and increased automation.
Despite slightly moderating estimates, the analysts remain at the high end of the guidance, adjusting the price target to $86 based on updated regression analysis. The Buy/High Risk rating is upheld due to the broad market potential, margin improvement opportunities, and the enhanced PLG strategy.
Jan 16, 2024 4:18 PM - Samuel Abdelshahid
In the hustle and bustle of the trading world, having a trustworthy laptop is like having a reliable partner by your side. Making well-informed decisions and staying ahead of market trends become second nature with the right device. However, the quest for a budget-friendly trading laptop t...
Jan 21, 2024 4:00 AM - Parth Sanghvi
Introduction: In the world of financial analysis, a profound grasp of essential profitability metrics is vital. This blog delves into three pivotal metrics—ROE (Return on Equity), ROA (Return on Assets), and Net Profit Margin—offering clear insights without unnecessary complexity. Exploring RO...
May 14, 2024 11:41 AM - Sanzhi Kobzhan
A stock's target price, also known as its fair value, is an indication of what a share can cost based on the company’s forecasted financial statements. It is important to know a stock's fair value to find undervalued stocks with great growth potential. Let's consider how investment analysts calculat...