DocuSign (DOCU) Taking Steps To Profitability

Was there an overexuberance in DocuSign (DOCU) shares during the pandemic? “DocuSign is most known for the e-signature product, which allows companies to do business online. DocuSign consumer purchase intent mentions are down 18% year-over-year and website views are down as well. The majority of DocuSign revenue is from subscriptions and consumers are increasingly happier with its products. DocuSign (DOCU) is outperforming Adobe Sign, but that growth is slowing,” says LikeFolio’s Megan Brantley. Tom White and Kevin Hincks weigh in on the stickiness of DocuSign.