DOCN 📈 DigitalOcean Holdings - Overview
Exchange: NYSE • Country: United States • Currency: USD • Type: Common Stock • ISIN: US25402D1028
DOCN: Compute, Storage, Networking, Databases, Kubernetes, Functions, AI/ML
DigitalOcean Holdings, Inc., through its subsidiaries, operates a cloud computing platform in North America, Europe, Asia, and internationally. The company's platform provides on-demand infrastructure and platform tools for developers, start-ups, and small and growing digital businesses. It also offers infrastructure-as-a-service (IaaS) solutions comprising compute and storage services, as well as networking projects, including Cloud Firewalls software, Managed Load Balancers software, and Virtual Private Cloud (VPC). The company also provides platform-as-a-service (PaaS) solutions, such as managed databases; managed Kubernetes and container registry; application platform to build, deploy, and scale applications; Functions, a serverless compute solution; and Uptime for real-time uptime and latency alerts, as well as software-as-a-service (SaaS), including managed hosting and DigitalOcean Marketplace, a platform where developers can find pre-configured applications and solutions. In addition, it offers artificial intelligence (AI)/machine learning (ML) applications comprising GPU virtual machines for scaling AI applications; Notebooks, a simple cloud workspace that runs on GPUs that provides a managed interactive development environment for exploring data, and training and building machine learning models; and Deployments for deploying their machine learning model as an API endpoint. The company's customers include software engineers, researchers, data scientists, system administrators, students, and hobbyists. Its customers use its platform in various industry verticals and for a range of use cases, such as web and mobile applications, website hosting, e-commerce, media and gaming, personal web projects, managed services, and AI/ML applications. DigitalOcean Holdings, Inc. was incorporated in 2012 and is headquartered in New York, New York. Web URL: https://www.digitalocean.com
Additional Sources for DOCN Stock
News:
Wall Street Journal
Benzinga
Yahoo Finance
Tweets: X Stocktwits
Fund Manager Positions: Dataroma Stockcircle
Tweets: X Stocktwits
Fund Manager Positions: Dataroma Stockcircle
DOCN Stock Overview
Market Cap in USD | 3,486m |
Sector | Technology |
Industry | Software - Infrastructure |
GiC Sub-Industry | Internet Services & Infrastructure |
IPO / Inception | 2021-03-24 |
DOCN Stock Ratings
Growth 5y | -19.9% |
Fundamental | -3.11% |
Dividend | - |
Rel. Strength Industry | -108 |
Analysts | 3.62/5 |
Fair Price Momentum | 31.46 USD |
Fair Price DCF | 26.01 USD |
DOCN Dividends
No Dividends PaidDOCN Growth Ratios
Growth Correlation 3m | -70.2% |
Growth Correlation 12m | 33% |
Growth Correlation 5y | -57.2% |
CAGR 5y | -4.53% |
CAGR/Mean DD 5y | -0.08 |
Sharpe Ratio 12m | 0.09 |
Alpha | -55.06 |
Beta | 2.20 |
Volatility | 61.27% |
Current Volume | 1713.2k |
Average Volume 20d | 788.7k |
What is the price of DOCN stocks?
As of December 22, 2024, the stock is trading at USD 35.70 with a total of 1,713,184 shares traded.
Over the past week, the price has changed by -6.37%, over one month by -4.88%, over three months by -17.42% and over the past year by -2.11%.
As of December 22, 2024, the stock is trading at USD 35.70 with a total of 1,713,184 shares traded.
Over the past week, the price has changed by -6.37%, over one month by -4.88%, over three months by -17.42% and over the past year by -2.11%.
Is DigitalOcean Holdings a good stock to buy?
Neither. Based on ValueRay Fundamental Analyses, DigitalOcean Holdings is currently (December 2024) neither a good nor a bad stock to buy. It has a ValueRay Fundamental Rating of -3.11 and therefor a neutral outlook according to the companies health.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of DOCN as of December 2024 is 31.46. This means that DOCN is currently overvalued and has a potential downside of -11.88%.
Neither. Based on ValueRay Fundamental Analyses, DigitalOcean Holdings is currently (December 2024) neither a good nor a bad stock to buy. It has a ValueRay Fundamental Rating of -3.11 and therefor a neutral outlook according to the companies health.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of DOCN as of December 2024 is 31.46. This means that DOCN is currently overvalued and has a potential downside of -11.88%.
Is DOCN a buy, sell or hold?
DigitalOcean Holdings has received a consensus analysts rating of 3.62. Therefor, it is recommend to hold DOCN.
DigitalOcean Holdings has received a consensus analysts rating of 3.62. Therefor, it is recommend to hold DOCN.
- Strong Buy: 3
- Buy: 3
- Hold: 6
- Sell: 1
- Strong Sell: 0
What are the forecast for DOCN stock price target?
According to ValueRays Forecast Model, DOCN DigitalOcean Holdings will be worth about 35.1 in December 2025. The stock is currently trading at 35.70. This means that the stock has a potential downside of -1.68%.
According to ValueRays Forecast Model, DOCN DigitalOcean Holdings will be worth about 35.1 in December 2025. The stock is currently trading at 35.70. This means that the stock has a potential downside of -1.68%.
Issuer | Forecast | Upside |
---|---|---|
Wallstreet Target Price | 40.7 | 14.1% |
Analysts Target Price | 33.4 | -6.3% |
ValueRay Target Price | 35.1 | -1.7% |