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DigitalOcean Holdings NYSE:DOCN Stock Report

Last Price

US$37.53

Market Cap

US$3.5b

7D

-1.4%

1Y

29.9%

Updated

20 Nov, 2024

Data

Company Financials +

DigitalOcean Holdings, Inc.

NYSE:DOCN Stock Report

Market Cap: US$3.5b

DigitalOcean Holdings, Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for DigitalOcean Holdings
Historical stock prices
Current Share PriceUS$37.53
52 Week HighUS$44.80
52 Week LowUS$26.63
Beta1.83
11 Month Change-12.11%
3 Month Change2.60%
1 Year Change29.91%
33 Year Change-63.04%
5 Year Changen/a
Change since IPO-11.69%

Recent News & Updates

DigitalOcean: I Expect Growth To Accelerate In The Foreseeable Future

Nov 19

There's Been No Shortage Of Growth Recently For DigitalOcean Holdings' (NYSE:DOCN) Returns On Capital

Nov 05
There's Been No Shortage Of Growth Recently For DigitalOcean Holdings' (NYSE:DOCN) Returns On Capital

Recent updates

DigitalOcean: I Expect Growth To Accelerate In The Foreseeable Future

Nov 19

There's Been No Shortage Of Growth Recently For DigitalOcean Holdings' (NYSE:DOCN) Returns On Capital

Nov 05
There's Been No Shortage Of Growth Recently For DigitalOcean Holdings' (NYSE:DOCN) Returns On Capital

Calculating The Intrinsic Value Of DigitalOcean Holdings, Inc. (NYSE:DOCN)

Oct 07
Calculating The Intrinsic Value Of DigitalOcean Holdings, Inc. (NYSE:DOCN)

DigitalOcean: Let Us Wait For A Powerful Catalyst To Break Resistance

Sep 08

After Leaping 30% DigitalOcean Holdings, Inc. (NYSE:DOCN) Shares Are Not Flying Under The Radar

Sep 01
After Leaping 30% DigitalOcean Holdings, Inc. (NYSE:DOCN) Shares Are Not Flying Under The Radar

What Is DigitalOcean Holdings, Inc.'s (NYSE:DOCN) Share Price Doing?

Aug 01
What Is DigitalOcean Holdings, Inc.'s (NYSE:DOCN) Share Price Doing?

DigitalOcean: Outlook Is Too Cloudy

Jun 26

DigitalOcean Holdings, Inc.'s (NYSE:DOCN) P/S Is On The Mark

Jun 12
DigitalOcean Holdings, Inc.'s (NYSE:DOCN) P/S Is On The Mark

Shareholders Can Be Confident That DigitalOcean Holdings' (NYSE:DOCN) Earnings Are High Quality

May 21
Shareholders Can Be Confident That DigitalOcean Holdings' (NYSE:DOCN) Earnings Are High Quality

A Look At The Fair Value Of DigitalOcean Holdings, Inc. (NYSE:DOCN)

May 13
A Look At The Fair Value Of DigitalOcean Holdings, Inc. (NYSE:DOCN)

DigitalOcean: It Will Likely Be Difficult To Survive

May 06

DigitalOcean: Good Potential With A Long-Term Story, But We Have Reservations

Apr 22

Is There Now An Opportunity In DigitalOcean Holdings, Inc. (NYSE:DOCN)?

Apr 21
Is There Now An Opportunity In DigitalOcean Holdings, Inc. (NYSE:DOCN)?

Some Confidence Is Lacking In DigitalOcean Holdings, Inc.'s (NYSE:DOCN) P/S

Mar 09
Some Confidence Is Lacking In DigitalOcean Holdings, Inc.'s (NYSE:DOCN) P/S

DigitalOcean's Q4 Earnings: 19x Forward Free Cash Flows Is Rich

Feb 22

DigitalOcean Holdings (NYSE:DOCN) Is Looking To Continue Growing Its Returns On Capital

Feb 01
DigitalOcean Holdings (NYSE:DOCN) Is Looking To Continue Growing Its Returns On Capital

DigitalOcean: Business Excellence And Commitment To Innovation

Jan 20

Is DigitalOcean Holdings, Inc. (NYSE:DOCN) Potentially Undervalued?

Jan 17
Is DigitalOcean Holdings, Inc. (NYSE:DOCN) Potentially Undervalued?

Does This Valuation Of DigitalOcean Holdings, Inc. (NYSE:DOCN) Imply Investors Are Overpaying?

Jan 02
Does This Valuation Of DigitalOcean Holdings, Inc. (NYSE:DOCN) Imply Investors Are Overpaying?

DigitalOcean: The Stock Is Rising But This Bull Is Throwing In The Towel

Dec 22

DigitalOcean's 2024 Revenue Growth Rates And Prospects

Nov 21

DigitalOcean Holdings, Inc.'s (NYSE:DOCN) Shares Climb 26% But Its Business Is Yet to Catch Up

Nov 18
DigitalOcean Holdings, Inc.'s (NYSE:DOCN) Shares Climb 26% But Its Business Is Yet to Catch Up

DigitalOcean: Pure-Play Cloud Provider Trading At Under 20x Earnings

Oct 18

DigitalOcean: Massive Headwinds And Unattractive Valuation

Sep 07

DigitalOcean: Revised Guidance, A Cloudy Outlook For 2023

Aug 15

Calculating The Intrinsic Value Of DigitalOcean Holdings, Inc. (NYSE:DOCN)

Aug 08
Calculating The Intrinsic Value Of DigitalOcean Holdings, Inc. (NYSE:DOCN)

DigitalOcean Seeks To Become AI Solution For SMBs

Aug 07

When Should You Buy DigitalOcean Holdings, Inc. (NYSE:DOCN)?

Jul 18
When Should You Buy DigitalOcean Holdings, Inc. (NYSE:DOCN)?

DigitalOcean: Sinking Or Swimming?

Jul 06

Shareholder Returns

DOCNUS ITUS Market
7D-1.4%-2.3%-1.2%
1Y29.9%15.3%30.4%

Return vs Industry: DOCN exceeded the US IT industry which returned 15.3% over the past year.

Return vs Market: DOCN matched the US Market which returned 30.4% over the past year.

Price Volatility

Is DOCN's price volatile compared to industry and market?
DOCN volatility
DOCN Average Weekly Movement7.2%
IT Industry Average Movement7.5%
Market Average Movement6.2%
10% most volatile stocks in US Market15.5%
10% least volatile stocks in US Market3.1%

Stable Share Price: DOCN has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: DOCN's weekly volatility (7%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
20121,156Paddy Srinivasanwww.digitalocean.com

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).

DigitalOcean Holdings, Inc. Fundamentals Summary

How do DigitalOcean Holdings's earnings and revenue compare to its market cap?
DOCN fundamental statistics
Market capUS$3.51b
Earnings (TTM)US$82.17m
Revenue (TTM)US$756.56m

42.2x

P/E Ratio

4.6x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
DOCN income statement (TTM)
RevenueUS$756.56m
Cost of RevenueUS$301.23m
Gross ProfitUS$455.33m
Other ExpensesUS$373.17m
EarningsUS$82.17m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.89
Gross Margin60.18%
Net Profit Margin10.86%
Debt/Equity Ratio-700.7%

How did DOCN perform over the long term?

See historical performance and comparison