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What's Going On With DocuSign Shares Friday?
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DocuSign shares fell 6.45% after reporting Q3 results. EPS of $1.01 beat estimates, and revenue of $813.35 million exceeded expectations. The company highlighted growth in its Intelligent Agreement Management platform and increased customer adoption. Analysts lowered price targets, maintaining Neutral ratings. DocuSign's Q4 revenue outlook is $825-$829 million, and FY26 guidance was raised slightly. The company repurchased $215.1 million in stock and ended the quarter with $1 billion in cash.
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