ATLAS
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DocuSign

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Enterprise AI applications·US·San Francisco, CA·#26 / 31 in segment·0.1% of segment mcap
$49.73
-69.0% vs S&P 12m

Business overview

AI productivity upside

E-signature leader expanding to IAM (Intelligent Agreement Management); AI summarization and review tools rolling out.

Defensive value play with AI as the upside option; product expansion needs proof points.

Products
  • eSignature
  • CLM
  • IAM
Customers (2)
  • Enterprises
  • SMBs
Competitors (2)

Composite score

Higher = stronger overall research case

57
Fundamental64
Technical32
Valuation92
AI relevance35
Risk-adjusted (higher = safer)57
Segment-relative fundamental percentile: 21

Synthetic 1Y price action

Deterministic price series; 50d (yellow) and 200d (orange) MAs shown

3M RS: 4.4%6M RS: -34.5%12M RS: -69.0%Vol30d: 48%DD52w: -47.0%

Financial summary

Curated, illustrative

Revenue
$3.22B
Growth (YoY)
7.8%
Gross margin
79.6%
Operating margin
10.5%
FCF
$1.20B
Capex
$0.00
Net cash / (debt)
$681.41M
ROIC
4.5%
Customer conc.
Medium

Valuation

Market cap
$9.66B
Enterprise value
$8.98B
P/E (TTM)
33.6x
Forward P/E
9.8x
EV / Sales
2.8x
EV / EBITDA
26.6x
P / FCF
8.1x
PEG
0.6x
Rule of 40

Risks

Severity 1 (low) to 5 (severe)

  • 3
    Slow growth

Score components

What drove the composite

Growth46
Profitability44
Cash generation96
Balance sheet84
Moat / AI relevance48
Capital intensity (higher = lighter)83
Customer diversification60
Valuation discipline (dilution)65
Trend (MA50/MA200)29
Momentum (3/6/12m)44
Relative strength19
Realized vol (higher = lower vol)43