• Investing
  • Stock
  • Economy
  • Editor’s Pick
Portfolio Performance Today
Stock

DocuSign CEO Allan Thygesen dismisses recession fears, says business is brisk

by March 15, 2025
by March 15, 2025

Despite a volatile stock market and growing concerns about an economic slowdown in the United States, DocuSign (DOCU) is painting a picture of resilience.

CEO Allan Thygesen has expressed confidence in the company’s continued momentum, citing strong demand trends and positive indicators within the business.

On Yahoo Finance’s Morning Brief on Friday, Thygesen dismissed any concerns about a potential economic downturn impacting DocuSign’s performance, citing ongoing strength in key business metrics.

“As I looked at our February numbers, for example, our transaction volumes were pretty much on target with what we had expected — not seeing any major impact there,” Thygesen said.

“So at this point, we haven’t seen any impact of the recent volatility.”

AI-powered growth

DocuSign’s positive outlook is supported by strong fourth-quarter earnings, reported on Thursday evening.

The company exceeded expectations as more customers embraced its innovative AI agreement technology.

This adoption signals there may be positive things to come from this integration, and that there is consumer intrigue around the topic of AI.

This positive momentum appears to have staying power, as the company’s billings guidance also surprised Wall Street estimates to the upside.

The positive earnings report sent DocuSign shares soaring, with the stock rising more than 16% in Friday morning trading and becoming the No. 1 trending ticker on Yahoo Finance.

Wall Street analysts have largely responded positively to DocuSign’s recent performance.

“We maintain our positive view as we see potential for continued international expansion, IAM [intelligent agreements] optionality in FY26, and operating leverage in future years,” Citi analyst Tyler Radke wrote, highlighting the company’s promising growth prospects.

Radke reiterated a Buy rating on DocuSign’s stock, further solidifying the positive sentiment.

Adding to the bullish signals, DocuSign’s recent activity in the stock market speaks volumes about its financial confidence.

The company reported a strong $1.1 billion in cash and revealed that it had repurchased $683.5 million in stock during the quarter, a substantial increase compared to the $145.5 million repurchased in the same period last year.

These buybacks have signaled to the market that the company is stable and willing to invest.

This combination of strong earnings, positive guidance, and a strategic share repurchase program suggests that DocuSign is well-positioned to navigate the current economic landscape and continue its growth trajectory.

The post DocuSign CEO Allan Thygesen dismisses recession fears, says business is brisk appeared first on Invezz

0 comment
0
FacebookTwitterPinterestEmail

previous post
Spending bill to avert shutdown successfully beats filibuster with hours until deadline
next post
2 reasons why the Costco stock price has collapsed this year

Related Posts

Foxconn recalls more Chinese engineers from India in...

August 24, 2025

Bank of America identifies 5 stocks with strong...

August 24, 2025

Cracker Barrel stock: why going back to the...

August 24, 2025

Top 3 stocks to buy with strong cash...

August 24, 2025

Here’s the only FTSE 100 stock in Warren...

August 24, 2025

US government’s investment in Intel may not be...

August 24, 2025

Top 4 Nasdaq 100 Index and QQQ ETF...

August 24, 2025

Hang Seng Index: bubble warnings ahead of Alibaba,...

August 24, 2025

PDD stock doji points to a reversal as...

August 24, 2025

VOO ETF stock: Is S&P 500 at risk...

August 23, 2025

Stay updated with the latest news, exclusive offers, and special promotions. Sign up now and be the first to know! As a member, you'll receive curated content, insider tips, and invitations to exclusive events. Don't miss out on being part of something special.

By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

Recent Posts

  • Foxconn recalls more Chinese engineers from India in setback to Apple: report

    August 24, 2025
  • Bank of America identifies 5 stocks with strong growth potential

    August 24, 2025
  • Cracker Barrel stock: why going back to the old logo just isn’t an option

    August 24, 2025
  • Top 3 stocks to buy with strong cash flow and sizable buyback programme

    August 24, 2025
  • Here’s the only FTSE 100 stock in Warren Buffett’s portfolio

    August 24, 2025
  • US government’s investment in Intel may not be enough for turnaround: here’s why

    August 24, 2025

Editors’ Picks

  • 1

    Meta executives eligible for 200% salary bonus under new pay structure

    February 21, 2025
  • 2

    Walmart earnings preview: What to expect before Thursday’s opening bell

    February 20, 2025
  • 3

    New FBI leader Kash Patel tapped to run ATF as acting director

    February 23, 2025
  • 4

    Anthropic’s newly released Claude 3.7 Sonnet can ‘think’ as long as the user wants before giving an answer

    February 25, 2025
  • 5

    Nvidia’s investment in SoundHound wasn’t all that significant after all

    March 1, 2025
  • 6

    Cramer reveals a sub-sector of technology that can withstand Trump tariffs

    March 1, 2025
  • 7

    Elon Musk says federal employees must fill out productivity reports or resign

    February 23, 2025

Categories

  • Economy (2,299)
  • Editor's Pick (217)
  • Investing (185)
  • Stock (1,561)
  • About us
  • Contact us
  • Privacy Policy
  • Terms & Conditions

Copyright © 2025 Portfolioperformancetoday.com All Rights Reserved.

Portfolio Performance Today
  • Investing
  • Stock
  • Economy
  • Editor’s Pick
Portfolio Performance Today
  • Investing
  • Stock
  • Economy
  • Editor’s Pick
Copyright © 2025 Portfolioperformancetoday.com All Rights Reserved.

Read alsox

Asian markets open: Nikkei flat on US...

August 7, 2025

Sensex index slowly forms a bullish pattern,...

March 31, 2025

The ones we’ve lost: Canoo, Fisker, Nikola,...

March 26, 2025