Free Trial
NYSE:DOCN

DigitalOcean (DOCN) Stock Price, News & Analysis

DigitalOcean logo
$37.18 -2.12 (-5.39%)
Closing price 02/24/2025 03:59 PM Eastern
Extended Trading
$43.66 +6.47 (+17.41%)
As of 08:07 AM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Polygon.io. Learn more.

About DigitalOcean Stock (NYSE:DOCN)

Key Stats

Today's Range
$36.24
$39.56
50-Day Range
$33.55
$46.67
52-Week Range
$26.63
$47.02
Volume
3.88 million shs
Average Volume
1.21 million shs
Market Capitalization
$3.43 billion
P/E Ratio
43.74
Dividend Yield
N/A
Price Target
$42.40
Consensus Rating
Hold

Company Overview

DigitalOcean Holdings, Inc., through its subsidiaries, operates a cloud computing platform in North America, Europe, Asia, and internationally. The company's platform provides on-demand infrastructure and platform tools for developers, start-ups, and small and growing digital businesses. It also offers infrastructure-as-a-service (IaaS) solutions comprising compute and storage services, as well as networking projects, including Cloud Firewalls software, Managed Load Balancers software, and Virtual Private Cloud (VPC). The company also provides platform-as-a-service (PaaS) 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 software-as-a-service (SaaS), including managed hosting and DigitalOcean Marketplace, a platform where developers can find pre-configured applications and solutions. In addition, it offers artificial intelligence (AI)/machine learning (ML) applications comprising GPU virtual machines for scaling AI applications; Notebooks, a simple cloud workspace that runs on GPUs that provides a managed interactive development environment for exploring data, and training and building machine learning models; and Deployments for deploying their machine learning model as an API endpoint. The company's customers include software engineers, researchers, data scientists, system administrators, students, and hobbyists. Its customers use its platform in various industry verticals and for a range of use cases, such as web and mobile applications, website hosting, e-commerce, media and gaming, personal web projects, managed services, and AI/ML applications. DigitalOcean Holdings, Inc. was incorporated in 2012 and is headquartered in New York, New York.

DigitalOcean Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
47th Percentile Overall Score

DOCN MarketRank™: 

DigitalOcean scored higher than 47% of companies evaluated by MarketBeat, and ranked 434th out of 658 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    DigitalOcean has received a consensus rating of Hold. The company's average rating score is 2.45, and is based on 5 buy ratings, 6 hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    DigitalOcean has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

  • Read more about DigitalOcean's stock forecast and price target.
  • Earnings Growth

    Earnings for DigitalOcean are expected to decrease by -11.88% in the coming year, from $1.01 to $0.89 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of DigitalOcean is 43.74, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 23.63.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of DigitalOcean is 43.74, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 45.69.

  • Price to Earnings Growth Ratio

    DigitalOcean has a PEG Ratio of 3.12. PEG Ratios above 1 indicate that a company could be overvalued.

  • Read more about DigitalOcean's valuation and earnings.
  • Percentage of Shares Shorted

    11.29% of the float of DigitalOcean has been sold short.
  • Short Interest Ratio / Days to Cover

    DigitalOcean has a short interest ratio ("days to cover") of 7.4.
  • Change versus previous month

    Short interest in DigitalOcean has recently increased by 8.85%, indicating that investor sentiment is decreasing significantly.
  • Dividend Yield

    DigitalOcean does not currently pay a dividend.

  • Dividend Growth

    DigitalOcean does not have a long track record of dividend growth.

  • Percentage of Shares Shorted

    11.29% of the float of DigitalOcean has been sold short.
  • Short Interest Ratio / Days to Cover

    DigitalOcean has a short interest ratio ("days to cover") of 7.4.
  • Change versus previous month

    Short interest in DigitalOcean has recently increased by 8.85%, indicating that investor sentiment is decreasing significantly.
  • News Sentiment

    DigitalOcean has a news sentiment score of 1.18. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.66 average news sentiment score of Computer and Technology companies.
  • News Coverage This Week

    MarketBeat has tracked 12 news articles for DigitalOcean this week, compared to 6 articles on an average week.
  • Search Interest

    22 people have searched for DOCN on MarketBeat in the last 30 days. This is an increase of 29% compared to the previous 30 days.
  • MarketBeat Follows

    14 people have added DigitalOcean to their MarketBeat watchlist in the last 30 days. This is an increase of 8% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, DigitalOcean insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $790,163.00 in company stock.

  • Percentage Held by Insiders

    Only 0.74% of the stock of DigitalOcean is held by insiders.

  • Percentage Held by Institutions

    49.77% of the stock of DigitalOcean is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about DigitalOcean's insider trading history.
Receive DOCN Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for DigitalOcean and its competitors with MarketBeat's FREE daily newsletter.

DOCN Stock News Headlines

Why DigitalOcean (DOCN) Stock Is Falling Today
Your trading day could end at 11 AM
What do you usually do between 9:35 AM and 11:00 AM? Catch up on emails? Attend a meeting? Maybe grab a coffee? For me, it's become the most important part of my trading day. 85 minutes. That's usually all it takes. Set up at 9:35 AM… Check back at 11:00 AM. And when things work out, there's an extra $100 to $150 in my account… on a $1000 starting stake. Sounds too simple, doesn't it?
What To Expect From DigitalOcean Q4 Earnings?
DigitalOcean Announces 2025 Investor Day
Citi Remains a Buy on DigitalOcean Holdings (DOCN)
See More Headlines

DOCN Stock Analysis - Frequently Asked Questions

DigitalOcean's stock was trading at $34.07 at the beginning of the year. Since then, DOCN shares have increased by 9.1% and is now trading at $37.1830.
View the best growth stocks for 2025 here
.

DigitalOcean Holdings, Inc. (NYSE:DOCN) issued its quarterly earnings results on Monday, November, 4th. The company reported $0.52 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.40 by $0.12. DigitalOcean's quarterly revenue was up 12.1% compared to the same quarter last year.

DigitalOcean (DOCN) raised $751 million in an initial public offering (IPO) on Wednesday, March 24th 2021. The company issued 16,500,000 shares at a price of $44.00-$47.00 per share. Morgan Stanley, Goldman Sachs, J.P. Morgan, BofA Securities, Barclays, Keybanc Capital Markets, Canaccord Genuity, JMP Securities and Stifel served as the underwriters for the IPO.

DigitalOcean's top institutional investors include Vanguard Group Inc. (9.14%), Lazard Asset Management LLC (2.23%), Jacobs Levy Equity Management Inc. (1.77%) and Fuller & Thaler Asset Management Inc. (1.67%). Insiders that own company stock include Yancey L Spruill, Matt Steinfort, Bratin Saha, Megan Wood, Alan Shapiro, Harold Matthew Norman, Jeffrey Scott Guy, Gabriel Monroy, Carly D Brantz, Amy Butte, Warren Jenson and William G Sorenson.
View institutional ownership trends
.

Shares of DOCN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

Based on aggregate information from My MarketBeat watchlists, some other companies that DigitalOcean investors own include Humana (HUM), American Water Works (AWK), Voyager Therapeutics (VYGR), Waste Connections (WCN), The RMR Group (RMR), DiamondRock Hospitality (DRH) and iShares Micro-Cap ETF (IWC).

Company Calendar

Last Earnings
11/04/2024
Today
2/25/2025
Next Earnings (Estimated)
5/08/2025
Fiscal Year End
12/31/2025

Industry, Sector and Symbol

Industry
Computer programming, data processing, & other computer related
Sub-Industry
Computer Software
Previous Symbol
NASDAQ:DOCN
Fax
N/A
Employees
1,156
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$42.40
High Stock Price Target
$55.00
Low Stock Price Target
$34.00
Potential Upside/Downside
+14.0%
Consensus Rating
Hold
Rating Score (0-4)
2.45
Research Coverage
11 Analysts

Profitability

Net Income
$19.41 million
Pretax Margin
10.87%

Debt

Sales & Book Value

Annual Sales
$692.88 million
Cash Flow
$1.90 per share
Book Value
($3.65) per share

Miscellaneous

Free Float
91,599,000
Market Cap
$3.43 billion
Optionable
Optionable
Beta
1.81

Social Links

7 Stocks to Buy And Hold Forever Cover

Enter your email address and we'll send you MarketBeat's list of seven stocks and why their long-term outlooks are very promising.

Get This Free Report

This page (NYSE:DOCN) was last updated on 2/25/2025 by MarketBeat.com Staff
From Our Partners