CS Disco (LAW)

• Market cap: $212M
• 1 day: -0.80%
• 5 days: 5.37%
• 1 month: -8.80%
• 3 months: -27.57%
• 6 months: -37.31%
• Year to date: -23.09%
• 1 year: -50.60%
• 5 years: -90.90%
• 10 years: -90.90%
• Sector: Technology
• Industry: Software - Application

About: CS Disco Inc provides a cloud-native, artificial intelligence-powered legal solution that simplifies discovery, legal document review, and case management for enterprises, law firms, legal services providers, and governments. Its revenue-generating activities directly relate to the sale and support of legal solutions. It has two primary types of contractual arrangements: usage-based and subscription solutions. The usage-based revenue is derived from contracts under which customers are billed monthly based on their usage. Subscription revenue is derived from contracts where customers are contractually committed to a minimum data volume over a period of time.

Employees: 561

Fund manager confidence

Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)

69% more first-time investments, than exits

New positions opened: 22 | Existing positions closed: 13

8% more funds holding

Funds holding: 89 [Q3] → 96 (+7) [Q4]

5.0% more ownership

Funds ownership: 52.04% [Q3] → 57.04% (+5.0%) [Q4]

0% more funds holding in top 10

Funds holding in top 10: 2 [Q3] → 2 (+0) [Q4]

3% less repeat investments, than reductions

Existing positions increased: 28 | Existing positions reduced: 29

6% less capital invested

Capital invested by funds: $182M [Q3] → $171M (-$11.7M) [Q4]

Research analyst outlook

1 Wall Street Analyst provided 1 year price targets over the past 3 months

• Low target: $8 114% upside
• Avg. target: $8 114% upside
• High target: $8 114% upside

1 analyst rating

• positive: 1 100%
• neutral: 0 0%
• negative: 0 0%

Needham Scott Berg 24% 1-year accuracy 39 / 161 met price target

114% upside $8

Buy Reiterated

21 Feb 2025