DocuSign extended its Intelligent Agreement Management platform to Perplexity Computer and Computer for Counsel, bringing AI driven contract automation into legal and cross functional workflows. Despite the new IAM integrations with Perplexity and Slackbot, the stock’s 1-day share price return of 6.48% sits against a year-to-date share price decline of 30.29% and a 1-year total shareholder return decline of 40.88%. Against DocuSign’s last close of $45.21, the most followed narrative anchors its fair value at $60.16, implying a sizable gap the market has not closed. The rollout and ramp up of the IAM platform is unlocking upsell opportunities as customers migrate from core eSignature to broader agreement management, driving improved ARPU and supporting double digit future topline growth. However, DocuSign’s story could change if core eSignature demand matures faster than expected, or if competition and AI driven alternatives pressure pricing power.