CS Disco, Inc.

NYSE:LAW Stock Report

Market Cap: US$285.0m

CS Disco Balance Sheet Health

Financial Health criteria checks 5/6

CS Disco has a total shareholder equity of $128.1M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $173.6M and $45.5M respectively.

Key information

0%

Debt to equity ratio

US$0

Debt

Interest coverage ration/a
CashUS$114.60m
EquityUS$128.11m
Total liabilitiesUS$45.53m
Total assetsUS$173.64m

Recent financial health updates

Recent updates

LAW: Accelerating AI Platform Adoption Will Support Future Upside Potential

Analysts cut their price target on CS Disco to $6 from $9, citing a reset in expectations, while also noting 11% total revenue growth and 14% software revenue growth in the latest quarter as support for the updated view. Analyst Commentary Bullish analysts view the reset in the price target to US$6 as more of a recalibration than a loss of confidence, pointing to the latest quarter as evidence that the story is still on track.

LAW: Accelerating Software Momentum And AI Platform Integration Will Support Future Upside

Analysts have trimmed their price target on CS Disco to $6 from $9, citing a reset of expectations, even as they point to a recent quarter where total revenue growth of 11% and software revenue growth of 14% aligned with three consecutive quarters of accelerating normalized growth. Analyst Commentary Recent commentary from bullish analysts frames the lower price target as a reset of expectations rather than a loss of confidence in CS Disco's business.

LAW: Accelerating Software Momentum And New Platform Integration Will Support Future Upside

Analysts have trimmed their average price target for CS Disco from $9 to $6, citing recent research. The latest quarter showed 11% total revenue growth with 14% software growth and a third straight quarter of accelerating normalized growth.

LAW: Accelerating Software Momentum And New Platform Offerings Will Support Future Upside

Narrative Update: CS Disco Analysts have reduced their price target on CS Disco from $9 to $6, citing a mix of higher projected revenue growth, slightly adjusted discount rate assumptions, and recent Street research highlighting an 11% total revenue outcome with 14% software revenue contribution in the latest reported quarter. Analyst Commentary Bullish analysts acknowledge the lower US$6 price target but continue to frame the latest quarter as constructive for the CS Disco story.

LAW: Agentic AI Rollout And New CFO Will Support Higher Future P/E

Analysts have modestly adjusted their price target on CS Disco, keeping fair value near $7.00 as they factor in slightly different assumptions around the discount rate, revenue growth, profit margins, and future P/E expectations. What's in the News DISCO announced what it describes as the industry's first scaled agentic AI tool for fact investigation and eDiscovery, adding a multi step reasoning engine to its Cecilia Q&A tool to handle very large data sets in complex legal matters (Key Developments).

CS Disco Makes Little Operating Progress As Competitive Pressures Persist

Feb 05

CS Disco, Inc. (NYSE:LAW) Not Doing Enough For Some Investors As Its Shares Slump 31%

Feb 05
CS Disco, Inc. (NYSE:LAW) Not Doing Enough For Some Investors As Its Shares Slump 31%

LAW: New Finance Chief Appointment Will Support Higher Forward P/E Expectations

Analysts have lifted their fair value estimate for CS Disco from US$4.40 to US$7.00, citing updated assumptions around revenue growth, profit margins and a higher forward P/E multiple as key inputs behind the new price target. What's in the News The board has appointed Aaron Barfoot as CS Disco’s Chief Financial Officer, effective January 12, 2026, replacing current CFO Michael Lafair (Key Developments).

LAW: New Chief Financial Officer And 2025 Guidance Will Support Upside Potential

Analysts have nudged their price target on CS Disco higher to reflect modest shifts in their models, citing slightly adjusted assumptions for discount rate, revenue growth, profit margin, and future P/E as the drivers of the new valuation lens. What's in the News CS Disco appointed Aaron Barfoot as Chief Financial Officer, effective January 12, 2026, succeeding Michael Lafair after a previously announced transition period (Key Developments).

An Intrinsic Calculation For CS Disco, Inc. (NYSE:LAW) Suggests It's 36% Undervalued

Jan 15
An Intrinsic Calculation For CS Disco, Inc. (NYSE:LAW) Suggests It's 36% Undervalued

LAW: New Leadership And Expanded Partnership Will Support Future Upside Potential

Analysts have increased their price target on CS Disco by roughly 11%, citing updated assumptions for fair value, revenue growth, profit margin, and future P/E as the key drivers behind the change. What's in the News The board appointed Aaron Barfoot as CS Disco's CFO, effective January 12, 2026, succeeding Michael Lafair, who will remain in his role through January 11, 2026 (company filing).

LAW: 2025 Guidance Will Support Cautious Outlook Despite Modest Margin Improvement

Analysts have modestly increased their price target for CS Disco to reflect slightly improved long term profit margin expectations and a marginally lower discount rate, while keeping fair value and growth assumptions broadly unchanged. What's in the News Issued new earnings guidance for the fourth quarter of 2025, projecting total revenue between $38.75 million and $40.75 million (company guidance) Provided full year 2025 revenue outlook in the range of $154.4 million to $156.4 million, reinforcing expectations for continued top line growth (company guidance) Expanded its strategic eDiscovery and technology partnership with law firm Mourant, deepening DISCO's role in supporting complex digital data management for litigation and consulting teams (client announcement) Helped Mourant transition from reliance on external eDiscovery providers to an in house service built on DISCO's platform and AI expertise, aimed at faster document review and more defensible processes (client announcement) Valuation Changes Fair Value: unchanged at $7.40 per share, reflecting stable long term assumptions for the business.

CS Disco, Inc.'s (NYSE:LAW) Share Price Boosted 26% But Its Business Prospects Need A Lift Too

Dec 12
CS Disco, Inc.'s (NYSE:LAW) Share Price Boosted 26% But Its Business Prospects Need A Lift Too

LAW: Expanded Partnership And 2025 Guidance Will Support Balanced Outlook

Analysts have modestly raised their price target on CS Disco to reflect a slightly richer valuation framework, citing incremental adjustments to the discount rate, long term margin assumptions, and forward earnings multiples that, while still consistent with prior fair value estimates, suggest a marginally improved outlook for the shares. What's in the News Issued new earnings guidance for the fourth quarter of 2025, projecting total revenue between $38.75 million and $40.75 million (Company guidance) Provided full year 2025 revenue outlook in the range of $154.4 million to $156.4 million, signaling continued top line growth expectations (Company guidance) Expanded its strategic eDiscovery and technology partnership with Mourant, deepening DISCO's role in supporting the firm's litigation and consulting teams with AI driven review capabilities (Client announcement) Valuation Changes The fair value estimate is unchanged at $7.40 per share, indicating no revision to the intrinsic value assessment.

LAW: Expanded Partnerships And 2025 Guidance Will Drive Positive Momentum

Analysts have raised their price target for CS Disco from $6.68 to $7.40. They cite updated financial models and metrics as the basis for their revised outlook.

LAW: Revenue Expansion And New Partnerships Will Shape Performance Outlook

Analysts have raised their price target for CS Disco from $6.08 to $6.68. This change reflects improved expectations for revenue growth and future earnings, despite a modest increase in the discount rate and a slight decrease in profit margin estimates.

Companies Like CS Disco (NYSE:LAW) Are In A Position To Invest In Growth

Sep 23
Companies Like CS Disco (NYSE:LAW) Are In A Position To Invest In Growth

CS Disco, Inc. (NYSE:LAW) Held Back By Insufficient Growth Even After Shares Climb 26%

Aug 28
CS Disco, Inc. (NYSE:LAW) Held Back By Insufficient Growth Even After Shares Climb 26%

CS Disco, Inc.'s (NYSE:LAW) Revenues Are Not Doing Enough For Some Investors

Jul 12
CS Disco, Inc.'s (NYSE:LAW) Revenues Are Not Doing Enough For Some Investors

We're Interested To See How CS Disco (NYSE:LAW) Uses Its Cash Hoard To Grow

May 09
We're Interested To See How CS Disco (NYSE:LAW) Uses Its Cash Hoard To Grow
User avatar

Enterprise Focus And AI Tools Will Create A Competitive Edge

Strategic focus on larger enterprise customers and enhanced go-to-market strategy expected to drive significant revenue growth and profitability.

CS Disco: Poor Growth And Profitability Limit Valuation Upside

Mar 07

CS Disco Q4 Earnings: Don't Rush To Buy Shares Yet

Feb 25

CS Disco: Same Old Blues - Reiterate Sell

Dec 11

The CS Disco, Inc. (NYSE:LAW) Third-Quarter Results Are Out And Analysts Have Published New Forecasts

Nov 09
The CS Disco, Inc. (NYSE:LAW) Third-Quarter Results Are Out And Analysts Have Published New Forecasts

CS Disco: Rating Downgrade On Near-Term Growth Concerns

Oct 02

CS Disco Q2 Earnings: Turnaround Takes Time

Aug 13

We're Hopeful That CS Disco (NYSE:LAW) Will Use Its Cash Wisely

Jul 17
We're Hopeful That CS Disco (NYSE:LAW) Will Use Its Cash Wisely

CS Disco: Expecting Growth Recovery Over The Next Few Years

Jun 13

Financial Position Analysis

Short Term Liabilities: LAW's short term assets ($153.0M) exceed its short term liabilities ($40.4M).

Long Term Liabilities: LAW's short term assets ($153.0M) exceed its long term liabilities ($5.1M).


Debt to Equity History and Analysis

Debt Level: LAW is debt free.

Reducing Debt: LAW has not had any debt for past 5 years.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: LAW has sufficient cash runway for more than 3 years based on its current free cash flow.

Forecast Cash Runway: Insufficient data to determine if LAW has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/04/30 14:46
End of Day Share Price 2026/04/30 00:00
Earnings2025/12/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

CS Disco, Inc. is covered by 8 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
David HynesCanaccord Genuity
Tyler RadkeCitigroup Inc
Brent ThillJefferies LLC