Why You Still Have Time to Buy DocuSign

Taylor Weldon, The Motley Fool
·4-min read
Why You Still Have Time to Buy DocuSign

DocuSign (NASDAQ: DOCU) is the undisputed leader in the e-signature space, but the company is rapidly expanding its capabilities to capture share in a much larger market. Recent acquisitions and product developments are enabling DocuSign to provide a full contract management suite to customers, potentially doubling the company's addressable market. DocuSign's current economic moat is narrow, but its switching costs are high enough to play a major role in protecting its roughly 70% market share over competitors like Adobe (NASDAQ: ADBE).