DigitalOcean (DOCN) Stock Price, News & Analysis

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.

Key Stats

• Today's Range: $32.17 to $34.43
• 50-Day Range: $25.76 to $36.42
• 52-Week Range: $25.45 to $47.02
• Volume: 2.59 million shs
• Average Volume: 2.44 million shs
• Market Capitalization: $3.01 billion
• P/E Ratio: 25.40
• Dividend Yield: N/A
• Price Target: $41.45
• Consensus Rating: Hold

DigitalOcean Stock Analysis - MarketRank™

DigitalOcean scored higher than 63% of companies evaluated by MarketBeat, and ranked 429th out of 653 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.2 / 5
• Analyst Rating: Hold

Consensus Rating

DigitalOcean has received a consensus rating of Hold. The company's average rating score is 2.42, and is based on 6 buy ratings, 5 hold ratings, and 1 sell rating.

Amount of Analyst Coverage

DigitalOcean has only been the subject of 3 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: -11.88%

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 25.40, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 27.88.

Price to Earnings Ratio vs. Sector

The P/E ratio of DigitalOcean is 25.40, 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 50.31.

Price to Earnings Growth Ratio

DigitalOcean has a PEG Ratio of 2.52. PEG Ratios above 1 indicate that a company could be overvalued.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

12.37% 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 5.2.

Change versus previous month

Short interest in DigitalOcean has recently decreased by 9.55%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

DigitalOcean does not currently pay a dividend.

Dividend Growth

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

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

12.37% 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 5.2.

Change versus previous month

Short interest in DigitalOcean has recently decreased by 9.55%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 3.7 / 5
• News Sentiment: 0.72

News Sentiment

DigitalOcean has a news sentiment score of 0.72. 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 0.55 average news sentiment score of Computer and Technology companies.

News Coverage This Week

MarketBeat has tracked 37 news articles for DigitalOcean this week, compared to 8 articles on an average week.

Search Interest

35 people have searched for DOCN on MarketBeat in the last 30 days. This is an increase of 169% compared to the previous 30 days.

MarketBeat Follows

25 people have added DigitalOcean to their MarketBeat watchlist in the last 30 days. This is an increase of 733% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: Selling Shares

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 $96,112.00 in company stock.

Percentage Held by Insiders

Only 0.96% 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.

DOCN Stock Analysis - Frequently Asked Questions

How have DOCN shares performed this year?

DigitalOcean's stock was trading at $34.07 at the start of the year. Since then, DOCN stock has decreased by 3.1% and is now trading at $33.02.

How were DigitalOcean's earnings last quarter?

DigitalOcean Holdings, Inc. (NYSE:DOCN) announced its quarterly earnings data on Tuesday, August, 5th. The company reported $0.59 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.47 by $0.12. DigitalOcean's quarterly revenue was up 13.6% on a year-over-year basis.
Read the conference call transcript.

When did DigitalOcean IPO?

DigitalOcean (DOCN) raised $751 million in an initial public offering on Wednesday, March 24th 2021. The company issued 16,500,000 shares at $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.

Who are DigitalOcean's major shareholders?

DigitalOcean's top institutional shareholders include Geode Capital Management LLC (1.66%), Bank of New York Mellon Corp (0.66%), Nordea Investment Management AB (0.30%) and Penserra Capital Management LLC (0.25%). 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 and Warren Jenson.
View institutional ownership trends.

How do I buy shares of DigitalOcean?

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.

What other stocks do shareholders of DigitalOcean own?

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: 8/05/2025
• Today: 8/08/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Computer and Technology
• Industry: INTERNET SOFTWARE
• Sub-Industry: Computer Software
• Current Symbol: NYSE:DOCN
• Previous Symbol: NASDAQ:DOCN
• CIK: 1582961
• Web: www.digitalocean.com
• Phone: 646-827-4366
• Fax: N/A
• Employees: 1,210
• Year Founded: 2012

Price Target and Rating

• Average Price Target for DigitalOcean: $41.45
• High Price Target: $55.00
• Low Price Target: $31.00
• Potential Upside/Downside: +25.5%
• Consensus Rating: Hold
• Rating Score (0-4): 2.42
• Research Coverage: 12 Analysts

Profitability

• EPS (Trailing Twelve Months): $1.30
• Trailing P/E Ratio: 25.40
• Forward P/E Ratio: 32.69
• P/E Growth: 2.67
• Net Income: $84.49 million
• Net Margins: 15.18%
• Pretax Margin: 17.11%
• Return on Equity: -73.19%
• Return on Assets: 8.98%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 2.27
• Quick Ratio: 2.42

Sales & Book Value

• Annual Sales: $780.61 million
• Price / Sales: 3.85
• Cash Flow: $2.43 per share
• Price / Cash Flow: 13.58
• Book Value: ($1.92) per share
• Price / Book: -17.20

Miscellaneous

• Outstanding Shares: 91,030,000
• Free Float: 90,160,000
• Market Cap: $3.01 billion
• Optionable: Optionable
• Beta: 1.75