CS Disco, Inc. (LAW)Technology | Software - Application | Austin, United States | NYSE
4.34 USD
-0.07
(-1.587%) ⇩
(Aug. 28, 2026, 4 p.m.
EDT)
After hours: 4.34 |
Hot Take ↕ | Aug. 22, 2026, 2:53 a.m. EDT
The investment case here is broken by a four-year streak of negative annual returns, culminating in a catastrophic -90.58% drawdown over the observation window. Despite a recent 13% revenue growth and a positive gross margin, the operating burn and negative free cash flow indicate the business model is not yet self-sustaining. The market has correctly priced this as a value trap; the low share price reflects the reality that the company is failing to generate the returns required to justify capital allocation. With no dividend to provide income and a balance sheet showing significant losses relative to equity, there is no margin of safety. The options market confirms this despair, with traders buying deep puts to hedge against further deterioration rather than betting on a recovery. Until the company demonstrates sustained profitability and a reversal in the multi-year price trajectory, this remains a speculative gamble on a turnaround that the data suggests is unlikely to materialize soon. |
| Model | MAE |
|---|---|
| AutoARIMA ✓ | 0.058726 |
| AutoETS | 0.058727 |
| AutoTheta | 0.059855 |
| MSTL | 0.061798 |
Forecast horizon: 45 days | Selected: AutoARIMA
| Forecast Reliability | |
|---|---|
| Score | 41% |
| H-stat | 0.55 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.286 |
| Excess Kurtosis | -1.14 |
| Attribute | Value |
|---|---|
| Sector | Technology |
| Debt to Equity Ratio | 4.71 |
| Revenue per Share | 2.64 |
| Market Cap | 281,751,776 |
| Forward P/E | -130.21 |
| Beta | 1.87 |
| Profit Margins | -24.20% |
| Website | https://www.csdisco.com |
As of Aug. 22, 2026, 2:53 a.m. EDT: Speculators are heavily positioned for downside protection, with massive open interest in out-of-the-money puts at the $2.50 strike compared to negligible call volume. The implied volatility skew shows deep fear at lower strikes, while call activity is concentrated near the money or slightly out-of-the-money, suggesting a defensive stance rather than a bullish bet on a rally.
| Attribute | Value |
|---|---|
| 52 Week Change | -0.18421054 |
| Address1 | 111 Congress Avenue |
| Address2 | Suite 900 |
| All Time High | 69.41 |
| All Time Low | 2.45 |
| Ask | 4.5 |
| Ask Size | 500 |
| Audit Risk | 5 |
| Average Daily Volume10 Day | 222,100 |
| Average Daily Volume3 Month | 240,822 |
| Average Volume | 240,822 |
| Average Volume10Days | 222,100 |
| Beta | 1.87 |
| Bid | 4.05 |
| Bid Size | 100 |
| Board Risk | 5 |
| Book Value | 1.853 |
| City | Austin |
| Compensation As Of Epoch Date | 1,767,139,200 |
| Compensation Risk | 10 |
| Country | United States |
| Crypto Tradeable | 0 |
| Currency | USD |
| Current Price | 4.34 |
| Current Ratio | 3.774 |
| Custom Price Alert Confidence | HIGH |
| Date Short Interest | 1,786,665,600 |
| Day High | 4.4 |
| Day Low | 4.265 |
| Debt To Equity | 4.71 |
| Display Name | CS Disco |
| Earnings Call Timestamp End | 1,785,933,000 |
| Earnings Call Timestamp Start | 1,785,933,000 |
| Earnings Timestamp | 1,785,933,000 |
| Earnings Timestamp End | 1,793,795,400 |
| Earnings Timestamp Start | 1,793,795,400 |
| Ebitda | -34,688,000 |
| Ebitda Margins | -0.20757 |
| Enterprise To Ebitda | -5.363 |
| Enterprise To Revenue | 1.113 |
| Enterprise Value | 186,017,776 |
| Eps Current Year | -0.13333 |
| Eps Forward | -0.03333 |
| Eps Trailing Twelve Months | -0.64 |
| Esg Populated | 0 |
| Exchange | NYQ |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 4.0224 |
| Fifty Day Average Change | 0.31760025 |
| Fifty Day Average Change Percent | 0.0789579 |
| Fifty Two Week Change Percent | -18.421055 |
| Fifty Two Week High | 9.11 |
| Fifty Two Week High Change | -4.7699995 |
| Fifty Two Week High Change Percent | -0.5236004 |
| Fifty Two Week Low | 2.45 |
| Fifty Two Week Low Change | 1.8900001 |
| Fifty Two Week Low Change Percent | 0.7714286 |
| Fifty Two Week Range | 2.45 - 9.11 |
| Financial Currency | USD |
| First Trade Date Milliseconds | 1,626,874,200,000 |
| Float Shares | 27,574,670 |
| Forward Eps | -0.03333 |
| Forward P E | -130.21303 |
| Free Cashflow | 4,462,250 |
| Full Exchange Name | NYSE |
| Full Time Employees | 577 |
| Fullday Change | -0.0699997 |
| Fullday Change Percent | -1.58729 |
| Fullday Price | 4.34 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Governance Epoch Date | 1,785,542,400 |
| Gross Margins | 0.74825996 |
| Gross Profits | 125,048,000 |
| Has Pre Post Market Data | 1 |
| Held Percent Insiders | 0.23191999 |
| Held Percent Institutions | 0.7608 |
| Implied Shares Outstanding | 64,919,765 |
| Industry | Software - Application |
| Industry Disp | Software - Application |
| Industry Key | software-application |
| Ipo Expected Date | 2,021-07-21 |
| Is Earnings Date Estimate | 1 |
| Language | en-US |
| Last Fiscal Year End | 1,767,139,200 |
| Long Business Summary | CS Disco, Inc. provides cloud-native and artificial intelligence-powered legal products for legal hold, legal request, ediscovery, legal document review, and case management in the United States and internationally. The company offers DISCO Hold which automates the manual work to comply with preservation requirements, preserve data, notify custodians, track holds with audit trail, and collect data; DISCO Request that automates response compliance for legal requests, such as service of process requests, subpoenas, and law enforcement requests; and DISCO Ediscovery which automates ediscovery process and saving legal departments from manual tasks associated with collecting, processing, enriching, searching, reviewing, analyzing, producing, and using enterprise data that is at issue in legal matters. It also provides DISCO Review, an AI-powered document review that delivers legal document reviews; and DISCO Case Builder that allows legal professionals to collaborate across teams by offering a single place to search, organize, and review witness testimony and other important legal data. The company's products are used for various legal matters comprising litigation, investigation, compliance, and diligence. It serves enterprises, law firms, legal services providers, and governments. CS Disco, Inc. was founded in 2012 and is headquartered in Austin, Texas. |
| Long Name | CS Disco, Inc. |
| Market | us_market |
| Market Cap | 281,751,776 |
| Market State | CLOSED |
| Max Age | 86,400 |
| Message Board Id | finmb_254355063 |
| Most Recent Quarter | 1,782,777,600 |
| Net Income To Common | -40,443,000 |
| Next Fiscal Year End | 1,798,675,200 |
| Non Diluted Market Cap | 286,296,163 |
| Number Of Analyst Opinions | 3 |
| Open | 4.45 |
| Operating Cashflow | -12,974,000 |
| Operating Margins | -0.21360001 |
| Overall Risk | 9 |
| Payout Ratio | 0.0 |
| Phone | 833 653 4726 |
| Post Market Change | 0.0 |
| Post Market Change Percent | 0.0 |
| Post Market Price | 4.34 |
| Post Market Time | 1,787,961,600 |
| Previous Close | 4.41 |
| Price Eps Current Year | -32.550816 |
| Price Hint | 4 |
| Price To Book | 2.3421478 |
| Price To Sales Trailing12 Months | 1.6859452 |
| Profit Margins | -0.24200001 |
| Quick Ratio | 3.665 |
| Quote Source Name | Delayed Quote |
| Quote Type | EQUITY |
| Recommendation Key | none |
| Region | US |
| Regular Market Change | -0.0699997 |
| Regular Market Change Percent | -1.58729 |
| Regular Market Day High | 4.4 |
| Regular Market Day Low | 4.265 |
| Regular Market Day Range | 4.265 - 4.4 |
| Regular Market Open | 4.45 |
| Regular Market Previous Close | 4.41 |
| Regular Market Price | 4.34 |
| Regular Market Time | 1,787,947,202 |
| Regular Market Volume | 245,338 |
| Return On Assets | -0.13789 |
| Return On Equity | -0.31344998 |
| Revenue Growth | 0.132 |
| Revenue Per Share | 2.64 |
| Sand P52 Week Change | 0.20204377 |
| Sector | Technology |
| Sector Disp | Technology |
| Sector Key | technology |
| Share Holder Rights Risk | 8 |
| Shares Outstanding | 64,919,765 |
| Shares Percent Shares Out | 0.0214 |
| Shares Short | 1,387,301 |
| Shares Short Previous Month Date | 1,784,073,600 |
| Shares Short Prior Month | 1,322,550 |
| Short Name | CS Disco, Inc. |
| Short Percent Of Float | 0.0464 |
| Short Ratio | 5.71 |
| Source Interval | 15 |
| State | TX |
| Symbol | LAW |
| Target High Price | 10.0 |
| Target Low Price | 4.0 |
| Target Mean Price | 6.66667 |
| Target Median Price | 6.0 |
| Total Cash | 101,394,000 |
| Total Cash Per Share | 1.562 |
| Total Debt | 5,660,000 |
| Total Revenue | 167,118,000 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Eps | -0.64 |
| Trailing Peg Ratio | None |
| Triggerable | 1 |
| Two Hundred Day Average | 4.90435 |
| Two Hundred Day Average Change | -0.56434965 |
| Two Hundred Day Average Change Percent | -0.115071245 |
| Type Disp | Equity |
| Volume | 245,338 |
| Website | https://www.csdisco.com |
| Zip | 78,701 |