CS Disco (NYSE:LAW) Price Target Lowered to $6.00 at Canaccord Genuity Group

CS Disco (NYSE:LAW) had its target price lowered by Canaccord Genuity Group from $9.00 to $6.00 in a report issued on Thursday,Benzinga reports. The brokerage currently has a buy rating on the stock.

A number of other research analysts also recently commented on the stock. Jefferies Financial Group increased their price objective on shares of CS Disco from $6.00 to $8.00 and gave the company a “hold” rating in a research note on Monday, January 5th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of CS Disco in a research report on Wednesday, January 21st. Wall Street Zen raised CS Disco from a “hold” rating to a “buy” rating in a report on Saturday, November 8th. Finally, Needham & Company LLC restated a “buy” rating and set a $10.00 price objective on shares of CS Disco in a research note on Thursday. Two equities research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, CS Disco currently has an average rating of “Hold” and an average target price of $8.00.

CS Disco Stock Up 8.0%

Shares of LAW opened at $2.98 on Thursday. The firm has a market cap of $186.22 million, a price-to-earnings ratio of -4.14 and a beta of 2.08. The business’s 50 day moving average is $5.92 and its two-hundred day moving average is $6.24. CS Disco has a 52-week low of $2.45 and a 52-week high of $9.11.

Insider Activity at CS Disco

In related news, EVP Karen Herckis sold 8,171 shares of the business’s stock in a transaction that occurred on Tuesday, February 17th. The stock was sold at an average price of $3.07, for a total transaction of $25,084.97. Following the completion of the transaction, the executive vice president owned 132,259 shares in the company, valued at $406,035.13. The trade was a 5.82% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, EVP Melanie Antoon sold 9,289 shares of the company’s stock in a transaction on Tuesday, February 17th. The stock was sold at an average price of $3.07, for a total value of $28,517.23. Following the transaction, the executive vice president owned 203,421 shares of the company’s stock, valued at approximately $624,502.47. The trade was a 4.37% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 27,711 shares of company stock worth $85,073. Company insiders own 16.10% of the company’s stock.

Institutional Trading of CS Disco

Several hedge funds have recently bought and sold shares of LAW. CWM LLC increased its stake in shares of CS Disco by 73.5% in the third quarter. CWM LLC now owns 4,804 shares of the company’s stock valued at $31,000 after purchasing an additional 2,035 shares during the period. Pilgrim Partners Asia Pte Ltd bought a new position in CS Disco in the 3rd quarter worth approximately $62,000. Tower Research Capital LLC TRC increased its position in CS Disco by 87.1% in the 2nd quarter. Tower Research Capital LLC TRC now owns 9,968 shares of the company’s stock valued at $44,000 after acquiring an additional 4,639 shares during the period. Algert Global LLC bought a new stake in CS Disco during the 3rd quarter valued at $70,000. Finally, Campbell & CO Investment Adviser LLC acquired a new position in CS Disco during the 2nd quarter worth $51,000. 58.05% of the stock is currently owned by institutional investors.

CS Disco News Summary

Here are the key news stories impacting CS Disco this week:

• Positive Sentiment: Q4 results beat: CS Disco reported Q4 revenue of $41.17M (above consensus) and EPS slightly better than expected, showing stronger-than-forecast top-line performance that supports growth expectations. DISCO Q4/FY2025 Results
• Positive Sentiment: Path to profitability: Management outlined a new pricing model and said it targets adjusted EBITDA breakeven by Q4 2026 as generative AI adoption accelerates — a clear signal of a path to margin improvement that investors typically reward. Pricing model and EBITDA goal
• Positive Sentiment: Product bundling and go-to-market: DISCO launched an all-inclusive eDiscovery platform that bundles core eDiscovery, Cecilia AI, deposition management and timelines into a single offering and price — a move that could expand deal sizes and simplify sales, supporting revenue growth. All‑Inclusive Platform Announcement
• Neutral Sentiment: Guidance roughly in line with expectations: The company issued Q1 revenue guidance of $39.0M–$41.5M (vs. $39.7M consensus) and FY 2026 revenue guidance of $167M–$177M (vs. $170.4M consensus), which implies modest upside but keeps execution risk in focus. Q4 earnings transcript / guidance
• Negative Sentiment: Analyst target trimmed: Canaccord lowered its price target from $9.00 to $6.00 while keeping a Buy rating — a downgrade in upside expectations that could cap near-term analyst-driven upside despite the Buy call. Canaccord price target note

About CS Disco

CS Disco, Inc is a provider of cloud-native, artificial intelligence-driven legal applications designed to streamline e-discovery, document review and compliance processes for law firms and corporate legal departments. The Austin, Texas–based company offers a unified platform that automates labor-intensive tasks using machine learning and predictive analytics, enabling legal professionals to process, search and review large volumes of data with greater speed and accuracy.

At the core of CS Disco’s product suite is its flagship e-discovery application, which supports early case assessment, data processing, review analytics and production workflows.