Analysts expect DocuSign to report second-quarter fiscal 2027 revenue of $867.2 million and non-GAAP EPS of $1.08, with the current stock price of $64.50 trading slightly above the average analyst price target of $60.27. Investors are primarily focused on the adoption rate and billings growth of the company’s new Intelligent Agreement Management (IAM) platform.
This shift toward an AI-native agreement lifecycle category is intended to offset the plateauing growth of its core e-signature business, which faces increasing commoditization. Recent performance has shown strong bottom-line discipline and share buyback activity, helping to maintain double-digit profit growth despite a single-digit revenue expansion forecast. Management’s ability to successfully transition large enterprise accounts to IAM while maintaining net retention rates will be the critical narrative for the stock's post-earnings direction.