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DigitalOcean (DOCN) Competitors

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$37.55 -0.21 (-0.56%)
(As of 01:52 PM ET)

DOCN vs. AUR, PAYC, MNDY, DAY, WIX, NICE, PCOR, PCTY, YMM, and ESTC

Should you be buying DigitalOcean stock or one of its competitors? The main competitors of DigitalOcean include Aurora Innovation (AUR), Paycom Software (PAYC), monday.com (MNDY), Dayforce (DAY), Wix.com (WIX), NICE (NICE), Procore Technologies (PCOR), Paylocity (PCTY), Full Truck Alliance (YMM), and Elastic (ESTC). These companies are all part of the "computer software" industry.

DigitalOcean vs.

Aurora Innovation (NASDAQ:AUR) and DigitalOcean (NYSE:DOCN) are both business services companies, but which is the better investment? We will compare the two businesses based on the strength of their dividends, media sentiment, valuation, profitability, earnings, risk, institutional ownership, community ranking and analyst recommendations.

DigitalOcean received 50 more outperform votes than Aurora Innovation when rated by MarketBeat users. Likewise, 47.15% of users gave DigitalOcean an outperform vote while only 33.33% of users gave Aurora Innovation an outperform vote.

CompanyUnderperformOutperform
Aurora InnovationOutperform Votes
8
33.33%
Underperform Votes
16
66.67%
DigitalOceanOutperform Votes
58
47.15%
Underperform Votes
65
52.85%

In the previous week, Aurora Innovation had 12 more articles in the media than DigitalOcean. MarketBeat recorded 17 mentions for Aurora Innovation and 5 mentions for DigitalOcean. Aurora Innovation's average media sentiment score of 1.15 beat DigitalOcean's score of 0.78 indicating that Aurora Innovation is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Aurora Innovation
8 Very Positive mention(s)
4 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
DigitalOcean
2 Very Positive mention(s)
0 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

44.7% of Aurora Innovation shares are owned by institutional investors. Comparatively, 49.8% of DigitalOcean shares are owned by institutional investors. 13.8% of Aurora Innovation shares are owned by insiders. Comparatively, 0.7% of DigitalOcean shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company is poised for long-term growth.

DigitalOcean has higher revenue and earnings than Aurora Innovation. Aurora Innovation is trading at a lower price-to-earnings ratio than DigitalOcean, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Aurora Innovation$68M203.68-$796M-$0.49-16.45
DigitalOcean$756.56M4.61$19.41M$0.8544.44

Aurora Innovation presently has a consensus price target of $5.70, indicating a potential downside of 29.28%. DigitalOcean has a consensus price target of $41.50, indicating a potential upside of 9.88%. Given DigitalOcean's stronger consensus rating and higher possible upside, analysts clearly believe DigitalOcean is more favorable than Aurora Innovation.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Aurora Innovation
1 Sell rating(s)
3 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
2.17
DigitalOcean
0 Sell rating(s)
5 Hold rating(s)
4 Buy rating(s)
0 Strong Buy rating(s)
2.44

DigitalOcean has a net margin of 10.86% compared to Aurora Innovation's net margin of 0.00%. Aurora Innovation's return on equity of -39.43% beat DigitalOcean's return on equity.

Company Net Margins Return on Equity Return on Assets
Aurora InnovationN/A -39.43% -35.14%
DigitalOcean 10.86%-43.11%7.64%

Aurora Innovation has a beta of 2.86, suggesting that its share price is 186% more volatile than the S&P 500. Comparatively, DigitalOcean has a beta of 1.76, suggesting that its share price is 76% more volatile than the S&P 500.

Summary

DigitalOcean beats Aurora Innovation on 12 of the 18 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding {thisCompany.Symbol} and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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DOCN vs. The Competition

MetricDigitalOceanComputer & Data IndustryComputer SectorNYSE Exchange
Market Cap$3.49B$87.02B$25.39B$19.67B
Dividend YieldN/A0.53%2.72%3.51%
P/E Ratio44.4453.75253.9043.80
Price / Sales4.61546.962,949.2017.45
Price / Cash17.4933.9534.6421.73
Price / Book-10.355.858.145.46
Net Income$19.41M$2.40B$670.50M$987.68M
7 Day Performance-1.67%-1.05%-0.21%-2.32%
1 Month Performance3.76%10.32%10.12%0.63%
1 Year Performance5.15%63.70%25.55%16.39%

DigitalOcean Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
DOCN
DigitalOcean
3.1129 of 5 stars
$37.55
-0.6%
$42.13
+12.2%
+6.5%$3.47B$756.56M44.181,156Analyst Forecast
Short Interest ↓
AUR
Aurora Innovation
1.5116 of 5 stars
$8.03
+15.2%
$5.70
-29.0%
+111.0%$13.80B$68M-15.571,800
PAYC
Paycom Software
4.6488 of 5 stars
$233.41
-0.5%
$202.56
-13.2%
+14.8%$13.46B$1.69B28.337,308Analyst Upgrade
MNDY
monday.com
4.3881 of 5 stars
$274.80
+0.6%
$310.81
+13.1%
+33.2%$13.27B$906.59M666.051,168Analyst Forecast
DAY
Dayforce
3.0809 of 5 stars
$77.50
+0.4%
$79.08
+2.0%
N/A$12.22B$1.69B233.859,084Analyst Forecast
Positive News
WIX
Wix.com
4.3253 of 5 stars
$218.50
-0.5%
$210.71
-3.6%
+94.9%$11.98B$1.70B138.994,600
NICE
NICE
4.0019 of 5 stars
$189.57
+1.6%
$260.57
+37.5%
-4.7%$11.92B$2.64B28.908,384Positive News
PCOR
Procore Technologies
1.9154 of 5 stars
$77.97
-1.1%
$83.71
+7.4%
+17.9%$11.59B$950.01M-157.643,694Analyst Forecast
PCTY
Paylocity
4.6516 of 5 stars
$203.51
+1.7%
$205.71
+1.1%
+22.9%$11.35B$1.40B51.196,400Insider Trade
YMM
Full Truck Alliance
3.1352 of 5 stars
$10.72
-4.4%
$11.67
+8.8%
+55.7%$11.30B$1.19B26.697,585
ESTC
Elastic
4.0997 of 5 stars
$104.67
+0.6%
$126.33
+20.7%
-4.9%$10.85B$1.38B189.183,187Analyst Forecast

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This page (NYSE:DOCN) was last updated on 12/18/2024 by MarketBeat.com Staff
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