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DigitalOcean (DOCN) Competitors

$38.90
-1.49 (-3.69%)
(As of 02:22 PM ET)

DOCN vs. BSY, NTNX, MNDY, OKTA, DOCU, CYBR, DUOL, MBLY, TWLO, and PSN

Should you be buying DigitalOcean stock or one of its competitors? The main competitors of DigitalOcean include Bentley Systems (BSY), Nutanix (NTNX), monday.com (MNDY), Okta (OKTA), DocuSign (DOCU), CyberArk Software (CYBR), Duolingo (DUOL), Mobileye Global (MBLY), Twilio (TWLO), and Parsons (PSN). These companies are all part of the "computer software" industry.

DigitalOcean vs.

DigitalOcean (NYSE:DOCN) and Bentley Systems (NASDAQ:BSY) are both computer and technology companies, but which is the better stock? We will contrast the two companies based on the strength of their valuation, risk, earnings, institutional ownership, media sentiment, profitability, community ranking, dividends and analyst recommendations.

DigitalOcean has a beta of 1.83, meaning that its stock price is 83% more volatile than the S&P 500. Comparatively, Bentley Systems has a beta of 1.03, meaning that its stock price is 3% more volatile than the S&P 500.

DigitalOcean currently has a consensus price target of $37.67, indicating a potential downside of 6.70%. Bentley Systems has a consensus price target of $59.57, indicating a potential upside of 17.24%. Given Bentley Systems' stronger consensus rating and higher probable upside, analysts plainly believe Bentley Systems is more favorable than DigitalOcean.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
DigitalOcean
0 Sell rating(s)
5 Hold rating(s)
5 Buy rating(s)
0 Strong Buy rating(s)
2.50
Bentley Systems
0 Sell rating(s)
1 Hold rating(s)
7 Buy rating(s)
0 Strong Buy rating(s)
2.88

Bentley Systems has a net margin of 29.17% compared to DigitalOcean's net margin of 9.30%. Bentley Systems' return on equity of 31.71% beat DigitalOcean's return on equity.

Company Net Margins Return on Equity Return on Assets
DigitalOcean9.30% -31.71% 6.51%
Bentley Systems 29.17%31.71%8.48%

49.8% of DigitalOcean shares are held by institutional investors. Comparatively, 44.2% of Bentley Systems shares are held by institutional investors. 0.7% of DigitalOcean shares are held by company insiders. Comparatively, 21.1% of Bentley Systems shares are held by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock will outperform the market over the long term.

Bentley Systems has higher revenue and earnings than DigitalOcean. Bentley Systems 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
DigitalOcean$735.14M5.00$19.41M$0.5376.17
Bentley Systems$1.29B11.40$326.71M$1.0747.49

In the previous week, Bentley Systems had 5 more articles in the media than DigitalOcean. MarketBeat recorded 10 mentions for Bentley Systems and 5 mentions for DigitalOcean. DigitalOcean's average media sentiment score of 1.09 beat Bentley Systems' score of 1.05 indicating that DigitalOcean is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
DigitalOcean
4 Very Positive mention(s)
1 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Bentley Systems
7 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Bentley Systems received 5 more outperform votes than DigitalOcean when rated by MarketBeat users. Likewise, 63.54% of users gave Bentley Systems an outperform vote while only 47.06% of users gave DigitalOcean an outperform vote.

CompanyUnderperformOutperform
DigitalOceanOutperform Votes
56
47.06%
Underperform Votes
63
52.94%
Bentley SystemsOutperform Votes
61
63.54%
Underperform Votes
35
36.46%

Summary

Bentley Systems beats DigitalOcean on 14 of the 18 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding DOCN 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

MetricDigitalOceanSoftware IndustryComputer SectorNYSE Exchange
Market Cap$3.68B$510.62M$22.56B$19.39B
Dividend YieldN/A2.78%2.73%3.48%
P/E Ratio76.17789.26256.8027.13
Price / Sales5.00215.32561.1420.53
Price / Cash18.7114.7430.8620.70
Price / Book-11.065.386.955.19
Net Income$19.41M-$2.77M$664.90M$981.35M
7 Day Performance-1.82%-0.34%8.54%0.96%
1 Month Performance7.85%-2.39%9.95%3.69%
1 Year Performance68.00%14.30%35.00%26.46%

DigitalOcean Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
DOCN
DigitalOcean
0.8809 of 5 stars
$38.90
-3.7%
$37.67
-3.2%
+68.0%$3.54B$735.14M73.401,156Positive News
BSY
Bentley Systems
4.5659 of 5 stars
$50.70
-0.3%
$59.57
+17.5%
+1.3%$14.63B$1.29B47.385,200Positive News
NTNX
Nutanix
4.9156 of 5 stars
$58.86
-1.3%
$73.31
+24.5%
+69.9%$14.52B$2.15B-840.747,150Positive News
MNDY
monday.com
3.4874 of 5 stars
$270.46
-0.6%
$294.84
+9.0%
+74.5%$13.06B$844.78M711.761,168
OKTA
Okta
4.9357 of 5 stars
$74.10
+0.1%
$104.62
+41.2%
-8.8%$12.59B$2.26B-44.375,908
DOCU
DocuSign
4.2941 of 5 stars
$61.45
-0.4%
$63.40
+3.2%
+47.8%$12.58B$2.86B118.186,840Positive News
CYBR
CyberArk Software
1.9093 of 5 stars
$288.33
+1.9%
$295.92
+2.6%
+78.1%$12.18B$860.60M-450.522,140Analyst Forecast
DUOL
Duolingo
2.9307 of 5 stars
$281.35
+1.2%
$255.50
-9.2%
+70.0%$12.13B$634.49M290.05600
MBLY
Mobileye Global
3.5541 of 5 stars
$13.78
-4.2%
$29.55
+114.4%
-67.0%$11.15B$1.85B-65.623,700Analyst Forecast
TWLO
Twilio
4.7435 of 5 stars
$64.92
+0.4%
$70.52
+8.6%
+11.4%$11.11B$4.24B-16.195,867Options Volume
PSN
Parsons
1.7812 of 5 stars
$103.18
-0.4%
$94.67
-8.3%
+90.9%$10.96B$5.44B573.2518,500

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This page (NYSE:DOCN) was last updated on 10/1/2024 by MarketBeat.com Staff
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