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DigitalOcean Holdings (DOCN)
NYSE:DOCN
DigitalOcean Holdings (DOCN) Stock Price & Analysis
1,108 Followers
DOCN Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$19.39 - $51.69
Previous Close$34.67
Volume828.31K
Average Volume (3M)1.41M
Market Cap
$3.16B
Enterprise Value$4.40B
Total Cash (Recent Filing)$419.06M
Total Debt (Recent Filing)$1.66B
Price to Earnings (P/E)67.0
Beta2.32
Next Earnings
Aug 01, 2024EPS Estimate
$0.39Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)0.52
Shares Outstanding91,091,324
10 Day Avg. Volume1,286,549
30 Day Avg. Volume1,409,885
Standard Deviation0.20
R-Squared0.22
Alpha0.00016
Financial Highlights & Ratios
Price to Book (P/B)-4.01
Price to Sales (P/S)4.45
Price to Cash Flow (P/CF)11.60
P/FCF Ratio32.50
Enterprise Value/Market CapN/A
Enterprise Value/Revenue6.17
Enterprise Value/Gross Profit10.75
Enterprise Value/Ebitda28.19
Forecast
1Y Price Target
$43.00Price Target Upside22.26% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering6
DigitalOcean Holdings News
Bulls Say, Bears Say
Bulls Say
Financial PerformanceDigitalOcean's revenue exceeded expectations and its EBITDA margin saw significant improvement.
Market PositionDigital Ocean has a differentiated offering in a large and rapidly growing market, with a forecasted CAGR of 23% through 2027.
Strategic DevelopmentsDigitalOcean's unique ability to democratize and simplify access to AI compute is likely to contribute to the company's medium-term growth.
Bears Say
Analyst RatingAnalyst reiterates Underperform rating, anticipating slow growth re-acceleration due to investments limiting margin upside.
Financial ProjectionsThe company's revenue growth projection has slightly decreased to around 10% year-over-year.
ProfitabilityMargin guidance missed, indicating potential pressure on profitability.
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Ownership Overview
Currently, No data available
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Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
The estimated number of people who visited one or more of the websites owned by DigitalOcean Holdings
Desktop Users
Mobile Users
DOCN FAQ
What was DigitalOcean Holdings’s price range in the past 12 months?
DigitalOcean Holdings lowest stock price was $19.39 and its highest was $51.69 in the past 12 months.
What is DigitalOcean Holdings’s market cap?
Currently, no data Available
When is DigitalOcean Holdings’s upcoming earnings report date?
DigitalOcean Holdings’s upcoming earnings report date is Aug 01, 2024 which is in 30 days.
How were DigitalOcean Holdings’s earnings last quarter?
DigitalOcean Holdings released its earnings results on May 10, 2024. The company reported $0.43 earnings per share for the quarter, beating the consensus estimate of $0.381 by $0.049.
Is DigitalOcean Holdings overvalued?
According to Wall Street analysts DigitalOcean Holdings’s price is currently Undervalued.
Does DigitalOcean Holdings pay dividends?
DigitalOcean Holdings does not currently pay dividends.
What is DigitalOcean Holdings’s EPS estimate?
DigitalOcean Holdings’s EPS estimate is $0.39.
How many shares outstanding does DigitalOcean Holdings have?
DigitalOcean Holdings has 91,091,324 shares outstanding.
What happened to DigitalOcean Holdings’s price movement after its last earnings report?
DigitalOcean Holdings reported an EPS of $0.43 in its last earnings report, beating expectations of $0.381. Following the earnings report the stock price went up 10.221%.
Which hedge fund is a major shareholder of DigitalOcean Holdings?
Among the largest hedge funds holding DigitalOcean Holdings’s share is Soros Fund Mangment LLC. It holds DigitalOcean Holdings’s shares valued at 4M.
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DigitalOcean Holdings Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$43.00 (22.26% Upside)
$43.00 (22.26% Upside)
Blogger Sentiment
Bullish
DOCN Sentiment 84%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Increased
By 97.7K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Negative
Last 7 Days ▼ 0.7%
Last 30 Days ▲ 0.1%
Last 30 Days ▲ 0.1%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
-13.62%
12-Months-Change
Fundamentals
Return on Equity
―
Trailing 12-Months
Asset Growth
-6.24%
Trailing 12-Months
Company Description
DigitalOcean Holdings
DigitalOcean Holdings Inc is one of the leading cloud computing platforms offeringon-demand infrastructure and platform tools for developers, start-ups and small and medium-sized businesses. The customers use the platform for a wide range of cases, such as web and mobile applications, website hosting, e-commerce, media and gaming, personal web projects, and managed services, among many others.
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DOCN Company Deck
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DOCN Earnings Call
Q1 2024
0:00 / 0:00
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DOCN Revenue Breakdown
38.00% North America
30.00% Europe
22.00% Asia
10.00% Other
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DOCN Stock 12 Month Forecast
Average Price Target
$43.00
▲(22.26% Upside)
Technical Analysis
Best Analysts Covering DOCN
1 Year
1 Year Success Rate
6/21 ratings generated profit
1 Year Average Return
-12.12%
reiterated a buy rating 2 months ago
Copying Raimo Lenschow's trades and holding each position for 1 Year would result in 28.57% of your transactions generating a profit, with an average return of -12.12% per trade.
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