DigitalOcean Holdings Inc's fundamentals are relatively stable, and its growth potential is high.Its valuation is considered fairly valued, ranking 37/482 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 52.50.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
37 / 482
Overall Ranking
95 / 4562
Industry
Software & IT Services
Support & Resistance
Relevant data have not been disclosed by the company yet.
Score Analysis
Current score
Previous score
Analyst Rating
Based on
14
analysts
Buy
Current Rating
52.500
Target Price
+6.08%
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 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 17.86, at a medium 3-year percentile range.
Institutional Selling
The latest institutional holdings are 67.40M shares, decreasing 0.02% quarter-over-quarter.
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
FAQs
What is the current price of DigitalOcean Holdings Inc (DOCN)?
The current price of DigitalOcean Holdings Inc (DOCN) is 49.160.
What is the symbol of DigitalOcean Holdings Inc?
The ticker symbol of DigitalOcean Holdings Inc is DOCN.
What is the 52-week high of DigitalOcean Holdings Inc?
The 52-week high of DigitalOcean Holdings Inc is 52.200.
What is the 52-week low of DigitalOcean Holdings Inc?
The 52-week low of DigitalOcean Holdings Inc is 25.450.
What is the market capitalization of DigitalOcean Holdings Inc?
The market capitalization of DigitalOcean Holdings Inc is 4.50B.
What is the net income of DigitalOcean Holdings Inc?
The net income of DigitalOcean Holdings Inc is 84.49M.
Is DigitalOcean Holdings Inc (DOCN) currently rated as Buy, Hold, or Sell?
According to analysts, DigitalOcean Holdings Inc (DOCN) has an overall rating of Buy, with a price target of 52.500.
What is the Earnings Per Share (EPS TTM) of DigitalOcean Holdings Inc (DOCN)?
The Earnings Per Share (EPS TTM) of DigitalOcean Holdings Inc (DOCN) is 2.753.