Should You Buy DocuSign Stock Now?

After losing more than 80% of their value in less than a year, shares of DocuSign (NASDAQ: DOCU) are trading at a more sensible valuation than investors are used to seeing. DocuSign's latest big fall was a response to a disappointing forward outlook the company shared with investors recently. On closer inspection, though, the company's long-term outlook is a lot better than its stock price performance suggests.