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DigitalOcean Holdings (DOCN)
NYSE:DOCN
Holding DOCN?
Track your performance easily
See the Price Targets and Ratings of:
DOCN Analyst Ratings
Moderate Buy
4 Buy
6 Hold
1 Sell
TipRanks enables you to focus on the analyst rating consensus of all analysts or only the top performers in the past 3 months
DOCN Stock 12 Month Forecast
Average Price Target
$36.67
▼(-2.03% Downside)
| Highest Price Target$47.00 | Average Price Target$36.67 | Lowest Price Target$25.00 |
The highest, average, and lowest price target of all analysts. Click on ‘Top Analysts’ to focus on the best performers.
Detailed List of Analyst Forecasts
Ranks
Any
Analyst Rating
Any
Upside/ Downside
Any
Action
Any
Goldman Sachs
Reiterated
08/20/24
Stifel Nicolaus
Reiterated
08/09/24
Oppenheimer
Reiterated
08/09/24
J.P. Morgan
Reiterated
08/09/24
Needham
Reiterated
08/09/24
Piper Sandler
Assigned
08/09/24
Morgan Stanley
Reiterated
08/09/24
Barclays
Reiterated
08/09/24
JMP Securities
Reiterated
08/09/24
Bank of America Securities
$25
Sell
-33.21%
Downside
Reiterated
08/08/24
Sell Rating on DigitalOcean Holdings Amid AI Investment Risks and Market Pressures
Canaccord Genuity
$41→$42
Buy
12.21%
Upside
Reiterated
05/10/24
DigitalOcean price target raised to $42 from $41 at CanaccordDigitalOcean price target raised to $42 from $41 at Canaccord
Best Analysts Covering DigitalOcean Holdings
Which Analyst Should I Follow If I Want to Buy DOCN and Sell After:
1 Month
xxx
Success Rate
13/22 ratings generated profit
Average Return
+1.77%
reiterated a xxx
rating 23 days ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 1 Month would result in 59.09% of your transactions generating a profit, with an average return of +1.77% per trade.
3 Months
xxx
Success Rate
8/17 ratings generated profit
Average Return
-3.44%
reiterated a xxx
rating 23 days ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 3 Months would result in 47.06% of your transactions generating a profit, with an average return of -3.44% per trade.
1 Year
Success Rate
8/22 ratings generated profit
Average Return
-9.42%
reiterated a buy rating 23 days ago
Copying Raimo Lenschow's trades and holding each position for 1 Year would result in 36.36% of your transactions generating a profit, with an average return of -9.42% per trade.
2 Years
xxx
Success Rate
8/17 ratings generated profit
Average Return
+0.66%
reiterated a xxx
rating 23 days ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 2 Years would result in 47.06% of your transactions generating a profit, with an average return of +0.66% per trade.
The Best Analyst Covering tool allows you to follow the analysts who have the best success rates and average returns on a specific stock. Only analysts that gave a Buy or Sell rating on the stock in the past 12 months are eligible for inclusion in this tool. Follow the analysts of your choice to receive real-time updates when they publish a new rating.
DOCN Analyst Recommendation Trends
Rating
Mar 24
Apr 24
May 24
Jul 24
Aug 24
Strong Buy
0
0
0
0
0
Buy
7
6
7
7
11
Hold
6
5
2
3
10
Sell
1
1
0
0
1
Strong Sell
0
0
0
0
0
total
14
12
9
10
22
Each month's total comprises the sum of three months' worth of ratings.
DOCN Financial Forecast
DOCN Stock Forecast FAQ
What is DOCN’s average 12-month price target, according to analysts?
Based on analyst ratings, DigitalOcean Holdings’s 12-month average price target is $36.67.
What is DOCN’s upside potential, based on the analysts’ average price target?
Currently there's no upside potential for DOCN, based on the analysts’ average price target.
Can I see which stocks the top-ranking analysts are rating?
Yes, go to the Analysts’ Top Stocks tool to see stocks with a Strong Buy or Strong Sell analyst rating consensus, according to the top performers.
How can I follow the stock ratings of top Wall Street analysts?
Head over to our Expert Center to see a list of the top 100 Wall Street analysts and follow the analysts of your choice. Visit their profiles for more details about their stock ratings and see how they perform on a stock-by-stock basis.
Is DOCN a Buy, Sell or Hold?
DigitalOcean Holdings has a consensus rating of Moderate Buy which is based on 4 buy ratings, 6 hold ratings and 1 sell ratings.
What is DigitalOcean Holdings’s price target?
The average price target for DigitalOcean Holdings is $36.67. This is based on 11 Wall Streets Analysts 12-month price targets, issued in the past 3 months.
The highest analyst price target is $47.00 ,the lowest forecast is $25.00. The average price target represents -2.03% Decrease from the current price of $37.43.
The highest analyst price target is $47.00 ,the lowest forecast is $25.00. The average price target represents -2.03% Decrease from the current price of $37.43.
What do analysts say about DigitalOcean Holdings?
DigitalOcean Holdings’s analyst rating consensus is a Moderate Buy. This is based on the ratings of 11 Wall Streets Analysts.
How can I buy shares of DOCN?
Open a brokerage account, see exclusive account opening deals on our Best Online Brokers page.