Down 84%, Is Docusign a Buy on the Dip?
DocuSign(DOCU) The Motley Fool·2024-06-20 17:36
Strong cash flow is encouraging, but decelerating growth is deeply troubling.Shares of Docusign (DOCU -0.12%) are down about 17% from their recent peak in May 2024 and about 84% from their all-time high in late 2021. You wouldn't know it by looking at the company's stock chart, but sales have been rising since the stock price's bottom fell out.Could Docusign be a smart stock to buy at these beaten-down prices? To find out, it's important to compare the reasons it could outperform over the long run vs. some ...