DigitalOcean Holdings Inc (DOCN)

NYSE
Currency in USD
25.91
-1.47(-5.37%)
Closed·
Pre Market
26.21+0.30(+1.16%)
·
DOCN Scorecard
Full Analysis
RSI suggests the stock is in oversold territory
Earnings results expected in 14 days
Fair Value
Day's Range
25.7527.11
52 wk Range
25.4547.02
Key Statistics
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Prev. Close
25.91
Open
26.86
Day's Range
25.75-27.11
52 wk Range
25.45-47.02
Volume
995.48K
Average Volume (3m)
1.45M
1-Year Change
-20.04%
Book Value / Share
-2.2
Fair Value
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Fair Value Upside
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DOCN Scorecardpro icon
Company’s Health
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Fair Value
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Fair Price
Upside
Price Target
42.62
Upside
+64.47%
Members' Sentiments
Bearish
Bullish
ProTips
Stock has taken a big hit over the last week
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DigitalOcean Holdings Inc Company Profile

DigitalOcean Holdings, Inc., through its subsidiaries, operates a cloud computing platform in North America, Europe, Asia, and internationally. The company provides on-demand infrastructure and platform tools for developers at growing technology companies. It also offers infrastructure-as-a-service (IaaS) solutions comprising compute, storage, and networking products, including cloud firewalls, managed load balancers, and virtual private cloud software, as well as IP address management and domain name system management. In addition, the company provides platform-as-a-service (PaaS) and software-as-a-service (SaaS) solutions, such as managed databases; managed Kubernetes and container registry; application platform to build, deploy, and scale applications; Functions, a serverless compute solution; and Uptime for real-time uptime and latency alerts, as well as managed hosting and DigitalOcean Marketplace, a platform where developers can find pre-configured applications and solutions. Further, it offers artificial intelligence (AI)/machine learning (ML) applications comprising GPU droplets; GENAI platform, a solution for deploying AI applications; bare metal GPUS which provides access to a GPU server without any virtualization layer and gives developers with customizable server for their use case; and Jupyter Notebooks that provides cloud workspace and managed interactive development environment for exploring data and training, and building machine learning models. Its customers use its platform in various industry verticals, such as gaming, fintech, and cybersecurity, as well as for a range of use cases, including building and hosting websites, web and mobile applications development, AI integration, and building AI products and applications. DigitalOcean Holdings, Inc. was incorporated in 2012 and is headquartered in New York, New York.

Employees
1210

DigitalOcean Holdings Inc SWOT Analysis


Cloud Niche Leade
DigitalOcean carves out a profitable niche in cloud infrastructure, targeting developers and SMBs with simplified, affordable services
AI-Driven Growth
Explore DigitalOcean's strategic moves into AI, including the GenAI Platform and Paperspace acquisition, positioning for substantial revenue expansion
Financial Resilience
Delve into DigitalOcean's robust financial health, with strong profitability metrics and a perfect Piotroski Score of 9
Market Valuation
Analysts set price targets ranging from $37 to $48, reflecting varied perspectives on DigitalOcean's growth potential in a competitive cloud market
Read full SWOT analysis

DigitalOcean Holdings Inc Earnings Call Summary for Q1/2024

  • Q1 revenue up 12% YoY to $184.7M; AI solutions ARR surged 128%, contributing $4M
  • Q2 revenue forecast $188-189M; full-year projection $760-775M, 10-12% growth
  • Gross margin improved to 61%; adjusted EBITDA margin at 40%
  • Focus on AI as growth driver; plans to add capacity for AI solutions demand
  • Product innovation includes new cloud services features and AI capabilities
Last Updated: 2024/05/10, 20:08
Read Full Transcript

Compare DOCN to Peers and Sector

Metrics to compare
DOCN
Peers
Sector
Relationship
P/E Ratio
28.2x−4.9x10.7x
PEG Ratio
0.080.430.01
Price/Book
−11.8x4.4x2.4x
Price / LTM Sales
3.1x1.9x1.9x
Upside (Analyst Target)
67.0%53.4%44.0%
Fair Value Upside
Unlock21.2%10.2%Unlock

Analyst Ratings

8 Buy
6 Hold
1 Sell
Ratings:
15 analysts
Overall Consensus
Buy

Analysts 12-Month Price Target:

Average 42.62
(+64.47% Upside)

Earnings

Latest Release
Feb 25, 2025
EPS / Forecast
0.49 / 0.38
Revenue / Forecast
205.00M / 200.16M
EPS Revisions
Last 90 days

FAQ

What Is the DigitalOcean Holdings (DOCN) Stock Price Today?

The DigitalOcean Holdings stock price today is 25.91

What Stock Exchange Does DigitalOcean Holdings Trade On?

DigitalOcean Holdings is listed and trades on the NYSE stock exchange.

What Is the Stock Symbol for DigitalOcean Holdings?

The stock symbol for DigitalOcean Holdings is "DOCN."

What Is the DigitalOcean Holdings Market Cap?

As of today, DigitalOcean Holdings market cap is 2.39B.

What is DigitalOcean Holdings Earnings Per Share?

The DigitalOcean Holdings EPS is 0.92.

What Is the Next DigitalOcean Holdings Earnings Date?

DigitalOcean Holdings will release its next earnings report on 05 May 2025.

From a Technical Analysis Perspective, Is DOCN a Buy or Sell?

Based on moving averages and other technical indicators, the daily buy/sell signal is Strong Sell.
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