William Blair analysts attributed much of the company’s momentum to its Intelligent Agreement Management platform, which launched in April and continuously receives updates. Last month, the company unveiled Docusign for Developers, a suite of tools allowing businesses to build on the IAM platform.
“Moving forward, we believe IAM will help DocuSign drive greater adoption of new features, provide a meaningful upsell opportunity, and ultimately drive stickier customer relationships,” the analysts wrote. William Blair rates the stock at Market Perform.
