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DigitalOcean Holdings Inc

DOCN
View Detailed Chart
62.920USD
+5.260+9.12%
Close 02/06, 16:00ETQuotes delayed by 15 min
5.76BMarket Cap
22.86P/E TTM

DigitalOcean Holdings Inc

62.920
+5.260+9.12%
Intraday
1m
30m
1h
D
W
M
D

Today

+9.12%

5 Days

+13.88%

1 Month

+16.50%

6 Months

+72.53%

Year to Date

+30.76%

1 Year

+43.03%

View Detailed Chart

Key Insights

DigitalOcean Holdings Inc's fundamentals are relatively stable, with an industry-leading ESG disclosure.and its growth potential is high.Its valuation is considered fairly valued, ranking 26 out of 482 in the Software & IT Services industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Buy, with the highest price target at 55.33.In the medium term, the stock price is expected to trend up.The company has been performing well in the stock market over the past month, which is supported by its strong fundamentals and technicals.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.

DigitalOcean Holdings Inc's Score

Industry at a Glance

Industry Ranking
26 / 482
Overall Ranking
113 / 4521
Industry
Software & IT Services

Support & Resistance

Relevant data have not been disclosed by the company yet.

Score Analysis

Current score
Previous score

Media Coverage

Last 24 hours
Coverage Level

Very Low
Very High
Positive

DigitalOcean Holdings Inc Highlights

StrengthsRisks
DigitalOcean Holdings, Inc. provides the simplest scalable cloud platform that democratizes cloud and AI for growing tech companies around the world. It provides a cloud computing platform, offering simple, scalable and approachable on-demand infrastructure and platform services for developers at growing technology companies. Its platform simplifies cloud computing, enabling its customers to rapidly accelerate innovation and productivity. The simplicity of its platform allows users to focus on building and scaling their business instead of on managing their infrastructure. It offers mission-critical solutions across Infrastructure-as-a-Service (IaaS), including its Droplet virtual machines, storage and networking offerings; Platform-as-a-Service and Software-as-a-Service, including its Managed Hosting, Managed Database, Managed Kubernetes and Marketplace offerings; and artificial intelligence and machine learning, including its GPU Droplets, Notebooks and GenAI Platform offerings.
High Growth
The company's revenue has grown steadily over the past 3 years, averaging 35.45% year-on-year.
Fairly Valued
The company’s latest PE is 20.95, at a medium 3-year percentile range.
Institutional Selling
The latest institutional holdings are 67.40M shares, decreasing 0.02% quarter-over-quarter.
Held by Joel Greenblatt
Star Investor Joel Greenblatt holds 29.72K shares of this stock.
Higher Market Activity
The company has more investor interest, with a 20-day turnover ratio of 1.71.

Analyst Rating

Based on 14 analysts
Buy
Current Rating
55.333
Target Price
-7.48%
Upside Space
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.

DigitalOcean Holdings Inc News

More news coming soon, stay tuned...

Financial Indicators

EPS

Relevant data have not been disclosed by the company yet.

Total revenue

Relevant data have not been disclosed by the company yet.

DigitalOcean Holdings Inc Info

DigitalOcean Holdings, Inc. provides the simplest scalable cloud platform that democratizes cloud and AI for growing tech companies around the world. It provides a cloud computing platform, offering simple, scalable and approachable on-demand infrastructure and platform services for developers at growing technology companies. Its platform simplifies cloud computing, enabling its customers to rapidly accelerate innovation and productivity. The simplicity of its platform allows users to focus on building and scaling their business instead of on managing their infrastructure. It offers mission-critical solutions across Infrastructure-as-a-Service (IaaS), including its Droplet virtual machines, storage and networking offerings; Platform-as-a-Service and Software-as-a-Service, including its Managed Hosting, Managed Database, Managed Kubernetes and Marketplace offerings; and artificial intelligence and machine learning, including its GPU Droplets, Notebooks and GenAI Platform offerings.
Ticker SymbolDOCN
CompanyDigitalOcean Holdings Inc
CEOSrinivasan (Paddy)
Website
KeyAI