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Docusign (NASDAQ: DOCU) expanded its Intelligent Agreement Management platform in August, adding an AI assistant built on its proprietary Iris engine and a new Agent Studio for custom contract automation.
Shares closed at $68.41 on Sept. 4, down 78% from their late-2021 peak of $310.
The next confirmable marker is management's fiscal 2027 total annual recurring revenue target of $3.55 billion, with IAM expected to account for roughly 18.5% of that figure.
The fiscal Q2 print Docusign reported fiscal second quarter 2027 revenue of $875.7 million (period ended July 31), above management's guidance range of $865 million to $869 million and 9% above the year-ago period.
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