LAW
CS Disco, Inc.

CS Disco, Inc.LAW

Technology · Software - Application
4.18USD
-1.88%
Oct 05, 2026
LAW overview ready
Direct application-software provider to litigation teams, with AI-native eDiscovery, document review, legal hold, request, investigation, and case-management workflows.
Narrative is still early
Exposed to the AI Adoption in Professional Services narrative through Legal AI Workflow Automation and Litigation Intelligence — pure play.
No clear price read
Longer-term context reads damaged structure, with a near-term setup of base repair.
Fair valuation
The price broadly reflects the strength of its balance sheet, with upside and risk reasonably balanced.
Fundamentals not measured
Primary risk
Competition from larger legal technology providers.
Market Oct 2Filing Jun 30Price action Oct 4Research Oct 3

Conviction Level

NarrativeHeat6.8ThemeHeat7.1PriceAction8.0Valuation3.5CompanyPosition9.3
Price
Loading price history…

Price Action

No clear price read
Longer-term context reads damaged structure, with a near-term setup of base repair.
EntryReset + recovery

The stock is still rebuilding below its long-term weekly base, and the recent reset toward the daily SMA200 aligned with support at the weekly EMA21. Daily structure is recovering above the fast averages, improving the current entry location.

Key Financials

Market Cap
$271.4M
Avg Volume (60D)
212.7K
60 sessions
Revenue Growth YoY
+8.3%
FY2025 vs FY2024
Gross Margin
+74.8%
Trailing twelve months
Operating Margin
-25.7%
Trailing twelve months
Free Cash Flow Yield
-6.0%
Distance from 200DMA
-7.6%
Next Earnings
2026-11-04
P/E
N/M
Market metrics as of Oct 2, 2026
Financial results for the period ended Jun 30, 2026
Filed balance-sheet data as of Jun 30, 2026

Fundamentals & Valuation

The available comparisons disagreed; the peers comparison is the more reliable method for this business and the others are published as dissent.
CS Disco, Inc. has a Fair valuation stance because the price broadly reflects the strength of its balance sheet, with upside and risk reasonably balanced.

Company Research

Thesis
Direct application-software provider to litigation teams, with AI-native eDiscovery, document review, legal hold, request, investigation, and case-management workflows. LAW has a specific and direct fit to an emerging legal-AI workflow story rather than merely generic enterprise AI exposure.
Opportunity
Moderate opportunity
Law firms and corporate legal teams are deploying domain-specific AI software to automate document-heavy litigation, discovery, legal research, review, investigation, and matter-management workflows while improving speed, traceability, and operating leverage.
Key risk
Competition from larger legal technology providers.

Narrative & Theme

AI Adoption in Professional Services
Part of Legal AI Workflow Automation and Litigation Intelligence, with strong fit.
LAW has a specific and direct fit to an emerging legal-AI workflow story rather than merely generic enterprise AI exposure.
Narrative HeatNeutral6.8 / 10
Theme HeatHeating up7.1 / 10
This is the company’s own research reading. The canonical heat measurement for this story has not run.

Business & Markets

Technology · Software - Application
What they do

CS Disco, Inc. provides cloud-native, AI-powered legal software solutions that automate legal hold, legal requests, ediscovery, document review, and case management processes primarily in the U.S. Internationally.

How it earns

The company generates revenue primarily through subscription-based licensing of its software products.

Products & services
DISCO Hold
DISCO Request
DISCO Ediscovery
Customers & end markets
Law firms
Corporate legal departments
Market position

Niche player focused on AI-powered legal software solutions within the broader legal technology market.

Demand drivers
Low cyclicality

Legal compliance and eDiscovery needs are relatively stable and driven by regulatory and litigation requirements rather than economic cycles.