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DigitalOcean Holdings, Inc. (DOCN)

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39.83 +1.20 (+3.11%)
At close: October 2 at 4:00 PM EDT
39.61 -0.22 (-0.55%)
After hours: October 2 at 7:24 PM EDT
Loading Chart for DOCN
DELL
  • Previous Close 38.63
  • Open 38.51
  • Bid --
  • Ask --
  • Day's Range 38.42 - 39.85
  • 52 Week Range 19.39 - 43.88
  • Volume 839,995
  • Avg. Volume 1,432,831
  • Market Cap (intraday) 3.667B
  • Beta (5Y Monthly) 1.82
  • PE Ratio (TTM) 55.32
  • EPS (TTM) 0.72
  • Earnings Date Oct 31, 2024 - Nov 4, 2024
  • Forward Dividend & Yield --
  • Ex-Dividend Date --
  • 1y Target Est 38.75

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.

www.digitalocean.com

1,156

Full Time Employees

December 31

Fiscal Year Ends

Recent News: DOCN

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Performance Overview: DOCN

Trailing total returns as of 10/2/2024, which may include dividends or other distributions. Benchmark is

.

YTD Return

DOCN
8.56%
S&P 500
19.70%

1-Year Return

DOCN
65.75%
S&P 500
33.15%

3-Year Return

DOCN
50.87%
S&P 500
31.04%

5-Year Return

DOCN
4.02%
S&P 500
46.81%

Compare To: DOCN

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Statistics: DOCN

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Valuation Measures

Annual
As of 10/2/2024
  • Market Cap

    3.67B

  • Enterprise Value

    4.86B

  • Trailing P/E

    55.32

  • Forward P/E

    21.83

  • PEG Ratio (5yr expected)

    --

  • Price/Sales (ttm)

    5.27

  • Price/Book (mrq)

    --

  • Enterprise Value/Revenue

    6.61

  • Enterprise Value/EBITDA

    21.58

Financial Highlights

Profitability and Income Statement

  • Profit Margin

    9.30%

  • Return on Assets (ttm)

    4.42%

  • Return on Equity (ttm)

    --

  • Revenue (ttm)

    735.14M

  • Net Income Avi to Common (ttm)

    68.39M

  • Diluted EPS (ttm)

    0.72

Balance Sheet and Cash Flow

  • Total Cash (mrq)

    443.11M

  • Total Debt/Equity (mrq)

    --

  • Levered Free Cash Flow (ttm)

    139.65M

Research Analysis: DOCN

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Earnings Per Share

Consensus EPS
 

Revenue vs. Earnings

Revenue 192.48M
Earnings 19.14M
 

Analyst Recommendations

  • Strong Buy
  • Buy
  • Hold
  • Underperform
  • Sell
 

Analyst Price Targets

34.00 Low
38.75 Average
39.83 Current
46.00 High
 

Company Insights: DOCN

Research Reports: DOCN

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  • Lowering target price to $41.00

    DIGITALOCEAN HOLDINGS INC has an Investment Rating of HOLD; a target price of $41.000000; an Industry Subrating of High; a Management Subrating of Low; a Safety Subrating of Low; a Financial Strength Subrating of Medium; a Growth Subrating of Medium; and a Value Subrating of High.

    Rating
    Price Target
     
  • Raising target price to $43.00

    DIGITALOCEAN HOLDINGS INC has an Investment Rating of HOLD; a target price of $43.000000; an Industry Subrating of High; a Management Subrating of Low; a Safety Subrating of Low; a Financial Strength Subrating of Medium; a Growth Subrating of Medium; and a Value Subrating of High.

    Rating
    Price Target
     
  • Raising target price to $40.00

    DIGITALOCEAN HOLDINGS INC has an Investment Rating of HOLD; a target price of $40.000000; an Industry Subrating of High; a Management Subrating of Low; a Safety Subrating of Low; a Financial Strength Subrating of Medium; a Growth Subrating of Medium; and a Value Subrating of High.

    Rating
    Price Target
     
  • What does Argus have to say about DOCN?

    DIGITALOCEAN HOLDINGS INC has an Investment Rating of HOLD; a target price of $39.000000; an Industry Subrating of High; a Management Subrating of Low; a Safety Subrating of Low; a Financial Strength Subrating of Medium; a Growth Subrating of Medium; and a Value Subrating of High.

    Rating
    Price Target
     

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