DocuSign CEO: No signs of recession in our business


DocuSign CEO: No signs of recession in our business

CEO Allan Thygesen said on Yahoo Finance's Morning Brief on Friday that demand trends in February remained solid.

"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."

DocuSign reported on Thursday evening that fourth quarter earnings came in better than expected as more customers adopted its AI agreement technology. The momentum in the business appears to have legs as the company's billings guidance surprised Wall Street estimates to the upside.

Shares of the software play rose more than 16% in Friday morning trading. The stock was the No. 1 trending ticker on Yahoo Finance.

"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.

Radke reiterated a Buy rating on DocuSign's stock.

Brian Sozzi is Yahoo Finance's Executive Editor. Follow Sozzi on X @BrianSozzi, Instagram, and LinkedIn. Tips on stories? Email brian.sozzi@yahoofinance.com.

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