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DigitalOcean Holdings (DOCN)
NYSE:DOCN
DigitalOcean Holdings (DOCN) Stock Price & Analysis
1,052 Followers
DOCN Stock Chart & Stats
Day’s Range$34.34 - $36
52-Week Range― - ―
Previous Close$35.53
Volume2.18M
Average Volume (3M)N/A
Market Cap
$3.23B
Enterprise ValueN/A
Total Cash (Recent Filing)N/A
Total Debt (Recent Filing)N/A
Price to Earnings (P/E)N/A
BetaN/A
Next Earnings
May 10, 2024EPS Estimate
$0.38Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. VolumeN/A
30 Day Avg. VolumeN/A
Standard DeviationN/A
R-SquaredN/A
AlphaN/A
Financial Highlights & Ratios
Price to Book (P/B)N/A
Price to Sales (P/S)N/A
Price to Cash Flow (P/CF)N/A
P/FCF RatioN/A
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
$38.56Price Target Upside9.11% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering10
DigitalOcean Holdings News
PremiumCompany Announcements
DigitalOcean Chief Revenue Officer Announces Resignation
PremiumCompany Announcements
DigitalOcean Announces $140M Share Buyback InitiativeBulls Say, Bears Say
Bulls Say
Financial ResultsDigitalOcean reported earnings that exceeded management's guidance metrics, highlighting the company's ability to surpass expectations.
Shareholder ConfidenceThe Board's authorization of $140 million in share repurchases signals strong confidence in DigitalOcean's value and future.
Strategic InvestmentsDigitalOcean's commitment to investing in AI/ML technologies demonstrates the company's dedication to innovation and future growth prospects.
Bears Say
Financial PerformanceMargin guidance missed, indicating potential pressure on profitability.
Investor SentimentAnalyst reiterates Underperform rating, anticipating slow growth re-acceleration due to investments limiting margin upside.
Revenue GrowthDigitalOcean's stock trades at a discount compared to peers, reflecting a slower projected revenue growth rate.
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Ownership Overview
Currently, No data available
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Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
The estimated number of people who visited one or more of the websites owned by DigitalOcean Holdings
Desktop Users
Mobile Users
DOCN FAQ
What was DigitalOcean Holdings’s price range in the past 12 months?
Currently, no data Available
What is DigitalOcean Holdings’s market cap?
Currently, no data Available
When is DigitalOcean Holdings’s upcoming earnings report date?
DigitalOcean Holdings’s upcoming earnings report date is May 10, 2024 which is in 2 days.
How were DigitalOcean Holdings’s earnings last quarter?
DigitalOcean Holdings released its earnings results on Feb 21, 2024. The company reported $0.44 earnings per share for the quarter, beating the consensus estimate of $0.365 by $0.075.
Is DigitalOcean Holdings overvalued?
According to Wall Street analysts DigitalOcean Holdings’s price is currently Undervalued.
Does DigitalOcean Holdings pay dividends?
DigitalOcean Holdings does not currently pay dividends.
What is DigitalOcean Holdings’s EPS estimate?
DigitalOcean Holdings’s EPS estimate is $0.38.
How many shares outstanding does DigitalOcean Holdings have?
Currently, no data Available
What happened to DigitalOcean Holdings’s price movement after its last earnings report?
DigitalOcean Holdings reported an EPS of $0.44 in its last earnings report, beating expectations of $0.365. Following the earnings report the stock price went up 8.675%.
Which hedge fund is a major shareholder of DigitalOcean Holdings?
Among the largest hedge funds holding DigitalOcean Holdings’s share is Harbourvest Partners Llc. It holds DigitalOcean Holdings’s shares valued at 2M.
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DigitalOcean Holdings Stock Smart Score
Neutral
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Analyst Consensus
Moderate Buy
Average Price Target:
$38.56 (9.11% Upside)
$38.56 (9.11% Upside)
Blogger Sentiment
Bullish
DOCN Sentiment 80%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Decreased
By 552.4K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.7%
Last 30 Days ▼ 5.0%
Last 30 Days ▼ 5.0%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
12.01%
12-Months-Change
Fundamentals
Return on Equity
―
Trailing 12-Months
Asset Growth
-19.55%
Trailing 12-Months
Company Description
DigitalOcean Holdings
DigitalOcean Holdings Inc is one of the leading cloud computing platforms offeringon-demand infrastructure and platform tools for developers, start-ups and small and medium-sized businesses. The customers use the platform for a wide range of cases, such as web and mobile applications, website hosting, e-commerce, media and gaming, personal web projects, and managed services, among many others.
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DOCN Company Deck
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DOCN Earnings Call
Q4 2024
0:00 / 0:00
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DOCN Revenue Breakdown
38.00% North America
30.00% Europe
22.00% Asia
10.00% Other
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DOCN Stock 12 Months Forecast
Average Price Target
$38.56
▲(9.11% Upside)
Technical Analysis
Best Analysts Covering DOCN
1 Year
1 Year Success Rate
6/16 ratings generated profit
1 Year Average Return
-12.26%
reiterated a buy rating 2 months ago
Copying Patrick Walravens's trades and holding each position for 1 Year would result in 37.50% of your transactions generating a profit, with an average return of -12.26% per trade.
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