The company's fundamentals are relatively healthy. Its valuation is considered fairly valued,and institutional recognition is very high. Over the past 30 days, multiple analysts have rated the company as a Buy. The company is performing strongly in the stock market, with strong fundamentals and technicals supporting the momentum. 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
45 / 485
Overall Ranking
114 / 4611
Industry
Software & IT Services
Support & Resistance
No Data
Score Analysis
Current score
Previous score
Analyst Rating
Based on
13
analysts
Buy
Current Rating
51.818
Target Price
+4.73%
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 Highlights
StrengthsRisks
DigitalOcean Holdings, Inc. provides a cloud computing platform offering on-demand infrastructure, a platform and software tools for startups and growing technology businesses. The Company’s platform simplifies cloud computing, enabling its customers to rapidly accelerate and increase their productivity and agility. The Company offers mission-critical solutions across Infrastructure-as-a-Service (IaaS), including Droplet virtual machines, storage and networking offerings; Platform-as-a-Service (PaaS), including Managed Database and Managed Kubernetes offerings; Software-as-a-Service (SaaS), including Managed Hosting and Marketplace offerings; and artificial intelligence and machine learning (AI/ML), including Machines, Notebooks and Deployments offerings. With its mission-critical infrastructure and fully managed offerings, it helps developers at startups and growing digital businesses rapidly build, deploy and scale, whether creating a digital presence or building digital products.
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 18.77, at a medium 3-year percentile range.
Institutional Selling
The latest institutional holdings are 63.40M shares, decreasing 5.99% quarter-over-quarter.
DigitalOcean Holdings, Inc. provides a cloud computing platform offering on-demand infrastructure, a platform and software tools for startups and growing technology businesses. The Company’s platform simplifies cloud computing, enabling its customers to rapidly accelerate and increase their productivity and agility. The Company offers mission-critical solutions across Infrastructure-as-a-Service (IaaS), including Droplet virtual machines, storage and networking offerings; Platform-as-a-Service (PaaS), including Managed Database and Managed Kubernetes offerings; Software-as-a-Service (SaaS), including Managed Hosting and Marketplace offerings; and artificial intelligence and machine learning (AI/ML), including Machines, Notebooks and Deployments offerings. With its mission-critical infrastructure and fully managed offerings, it helps developers at startups and growing digital businesses rapidly build, deploy and scale, whether creating a digital presence or building digital products.