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LAW · CS Disco, Inc.

Track LAW — free
$4.29 -0.05 (-1.15%)
Market Cap
$283.70M
Shares
64.92M

Price & Indicators

20d MA 50d MA 200d MA Earnings Filing Insider Congress Investor day
Close$4.34 Open$4.36 Day$4.27–4.38 52W close$2.76–8.91 Avg vol 30d248K Short int1.3M · 2.0% float · 5.5d Short vol47% Last earningsAug 5, 2026 DataJul 2021–Aug 2026 Filing10-Q · Aug 5

Up next

Next earnings call
Nov 4, 2026 Est · unconfirmed · in 11 wks
FQ3-26 quarter ends
~Sep 30, 2026 Est
filed Aug 5, 2026

AI Brief

TL;DR.

Bullish
    Bearish

      AI-generated from the earnings call and 8-K · may contain errors · not investment advice

      Ask ALVIS about this →

      Equibles Rating

      blended score · not investment advice
      Overall
      Neutral
      SellHoldBuy
      Technical Buy Momentum Strong Sentiment Neutral Fundamentals Excellent Quant / Vol Very High
      Market backdrop VIX 14.9 · calm Equity put/call 0.52
      Technical
      price trend
      Buy
      50 / 200-day cross No cross
      Price vs 200-day avg −13%
      below
      Price vs 50-day avg +10%
      above
      RSI (14) 55
      neutral
      MACD trend Positive
      52-week position 26%
      mid-range
      Momentum
      relative strength
      Strong
      1-month return +23%
      trailing
      6-month return +34%
      trailing
      YTD return −44%
      this year
      Relative strength +22%
      vs S&P · 6-mo
      Sentiment
      smart money
      Neutral
      Trend (MA cross) No cross
      50d $4 › 200d $5 — 200d above 50d
      Institutional flow Distributing
      -4% holders QoQ · +16 funds added
      Insider flow Distributing
      Net -$98.7K over 90 days · 80% sells
      Short interest Falling
      2.03% of float · ▼ -0.2% MoM · 5.5 days cover
      Volume signal Normal
      Volume near normal
      Institution breadth Steady
      119 holders — mid 3-yr range
      Squeeze score 55
      elevated · 0–100
      Fundamentals
      Excellent
      Revenue growth +8%
      Y/Y
      Gross margin 75%
      expanding
      EPS growth +23%
      Y/Y
      Free cash flow $-18.0M
      Buyback $20.0M
      authorized
      Balance sheet $19.7M
      net cash
      Quant / Vol
      risk profile
      Very High
      Volatility 78%
      annualized · 1-yr
      Max drawdown −69%
      past year
      ATR 6.3%
      of price · 14-day

      Blended from price, momentum, positioning, fundamentals & volatility · daily-close · not investment advice. Market backdrop is context, not part of the score.

      Guidance & track record

      Beat or met 7 of last 7
      Latest guidance · from the 8-K filed Aug 5, 2026
      Third quarter of 2026
      Software revenue Initiated $38.1M – $39.1M
      Adjusted EBITDA Non-GAAP Initiated $-1.75M – $-250,000
      Total revenue Initiated $43.75M – $45.75M
      prior qtr $43.15M midpoint +3.7% QoQ
      Fiscal year 2026
      Software revenue Initiated $147.5M – $152.5M
      Total revenue Initiated $172M – $179M
      prior FY $156.85M midpoint +11.9% Y/Y
      Prior guidance period ended · from the 8-K filed May 6, 2026
      Software revenue · Second quarter of 2026 $36.1M – $37.1M
      Total revenue · Second quarter of 2026 $41.5M – $43.5M
      Guided vs delivered · last 7 settled
      Total revenue Fourth quarter of 2025
      guided $38.75M – $40.75M
      $41.17M Beat +3.6%
      Total revenue Fiscal year 2025
      guided $154.4M – $156.4M
      $156.85M Beat +0.9%
      Total revenue Third quarter of 2025
      guided $37.5M – $39.5M
      $40.92M Beat +6.3%
      Total revenue fiscal year 2024
      guided $143M – $155M
      $144.84M In line

      Guidance from company 8-Ks · delivered figures from as-reported statements · no analyst estimates involved.

      Technicals

      trend & momentum for long-term holders Buy
      1 · 3 · 2
      50 / 200-day cross
      No cross Neutral
      Price vs 200-day avg
      −13% Bearish
      Price vs 50-day avg
      +10% Bullish
      RSI (14)
      55 Neutral
      MACD trend
      Positive Bullish
      52-week position
      26% Neutral
      Market signals — smart money & positioning
      Bearish · 2 of 6
      Trend (MA cross) No cross
      50d $4 › 200d $5 — 200d above 50d
      Institutional flow Distributing
      -4% holders QoQ · +16 funds added
      Insider flow Distributing
      Net -$98.7K over 90 days · 80% sells
      Short interest Falling
      2.03% of float · ▼ -0.2% MoM · 5.5 days cover
      Volume signal Normal
      Volume near normal
      Institution breadth Steady
      119 holders — mid 3-yr range
      Price context
      position in its 52-week range
      Range low $3 Now $4 · 26% Range high $9
      vs 200-day avg -13% vs 50-day avg +10%

      Illustrative technical + ownership context — a signal mix, not investment advice.

      Key metrics

      the company's own KPIs, from written earnings releases and filings
      Metric Latest Period YoY
      Adjusted EBITDA non-GAAP -$6.88M Six Months Ended June 30, 2026
      Large customers 354 as of June 30, 2026
      Non-GAAP gross margin non-GAAP 76% Six Months Ended June 30, 2026
      Non-GAAP net loss attributable to common stockholders as a % of revenue non-GAAP -9% Six Months Ended June 30, 2026
      Non-GAAP operating margin non-GAAP -10% Six Months Ended June 30, 2026
      Non-GAAP research and development as a % of revenue non-GAAP 31% Six Months Ended June 30, 2026
      Non-GAAP sales and marketing as a % of revenue non-GAAP 36% Six Months Ended June 30, 2026
      Adjusted EBITDA margin non-GAAP -7% Fiscal Year 2025

      Figures exactly as the company stated them in writing · click a metric with a to chart its history · period links open the stating document · "filing" marks figures stated in the 10-K/10-Q · YoY needs an exactly comparable prior-year period

      Versus peers

      Software - Application — same industry group
      Open screener →
      Company Mkt cap YTD Rev growth Y/Y P/E Short % shares
      LAW
      CS Disco, Inc.
      this stock
      $283.70M -44.1% +8.3% 2.0%
      SAP
      Sap SE
      $249.56B -10.6% 0.7%
      SHOP
      Shopify Inc.
      $188.60B -8.6% +30.1% 98.4 1.6%
      CRM
      Salesforce, Inc.
      $168.25B -22.5% +25.9% 23.8 3.6%
      UBER
      Uber Technologies, Inc
      $160.44B -3.9% +18.3% 2.3%

      Peers by industry group · P/E from as-reported trailing EPS · short % is of shares outstanding

      At a glance

      key data from every section
      Ownership
      Institutional Holders Reducing
      Holders
      119
      % held
      54.7%
      Net QoQ
      -441.5K sh
      Top holder
      Deer Management Co. LLC
      Held Float
      View
      Held by Funds
      Fund positions
      122
      View
      Short & Settlement
      Short Interest Falling
      Shares short
      1.3M
      Days to cover
      5.5d
      Change
      -3.3K sh
      View
      Short Volume
      Short vol %
      47%
      As of
      Aug 20, 2026
      Short Total
      View
      Fails to Deliver
      FTD shares
      5.9K
      Value
      $25.0K
      As of
      Jul 17, 2026
      View
      Off-Exchange
      Off-exchange %
      40.8%
      Week of
      Jul 13, 2026
      Off-exch Lit
      View
      Smart Money
      Insider Trades Net selling
      Net (90d)
      -$98.7K
      Buyers / Sellers
      1 / 4
      Buyers Sellers
      View
      Financials
      Financials
      Revenue (FY)
      $156.8M
      Net income (FY)
      $-44.4M
      EPS diluted
      $-0.72
      View
      Buybacks
      Authorized
      $20.0M
      View
      Filings
      SEC Filings
      Latest
      Investor Event Transcript
      Filed
      Aug 12, 2026
      This year
      12
      View
      Proposed Sales
      Value
      $20.1K
      Shares
      6.7K
      Filed
      Feb 27, 2026
      View
      Exempt Offerings
      Offering
      $60.0M
      Filed
      Oct 14, 2020
      View
      Earnings & Events
      Earnings Calls
      Last call
      Aug 12, 2026
      View
      Investor Relations
      Latest news
      New DISCO Auto Review Capability…
      Published
      Aug 20, 2026
      View

      Performance

      5D 20D 120D MTD YTD
      LAW -5.2% +23.3% +33.5% +11.3% -44.1%
      SPY -2.0% +3.3% +11.2% +2.1% +11.8%
      vs SPY -3.3% +20.0% +22.4% +9.2% -55.9%

      Capital returns

      Buyback program · as of Mar 31, 2024
      Authorized
      $20.00M
      Spent (derived)
      Remaining

      Dividends per share over the trailing 365 days by ex-date · buyback figures as last reported in SEC filings ("spent" derived as authorized − remaining; when several programs run concurrently, authorized is their combined total per the newest filing) · components shown separately — trailing-year buyback spend isn't tracked, so no combined shareholder yield is derived.

      Key facts CIK 1625641 CUSIP 126327105 13F (30d) 110 filings 110 filers Visit website Investor relations