DOCN Stock Overview
DigitalOcean Holdings, Inc., through its subsidiaries, operates a cloud computing platform in North America, Europe, Asia, and internationally.
| Snowflake Score | |
|---|---|
| Valuation | 1/6 |
| Future Growth | 4/6 |
| Past Performance | 2/6 |
| Financial Health | 1/6 |
| Dividends | 0/6 |
Rewards
Risk Analysis
DigitalOcean Holdings, Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$34.85 |
| 52 Week High | US$51.69 |
| 52 Week Low | US$19.39 |
| Beta | 1.79 |
| 1 Month Change | -6.62% |
| 3 Month Change | 0.43% |
| 1 Year Change | 4.94% |
| 3 Year Change | -9.27% |
| 5 Year Change | n/a |
| Change since IPO | -18.00% |
Recent News & Updates
DigitalOcean: It Will Likely Be Difficult To Survive
May 06DigitalOcean: Good Potential With A Long-Term Story, But We Have Reservations
Apr 22Is There Now An Opportunity In DigitalOcean Holdings, Inc. (NYSE:DOCN)?
Apr 21
Recent updates
DigitalOcean: It Will Likely Be Difficult To Survive
May 06DigitalOcean: Good Potential With A Long-Term Story, But We Have Reservations
Apr 22Is There Now An Opportunity In DigitalOcean Holdings, Inc. (NYSE:DOCN)?
Apr 21Some Confidence Is Lacking In DigitalOcean Holdings, Inc.'s (NYSE:DOCN) P/S
Mar 09DigitalOcean's Q4 Earnings: 19x Forward Free Cash Flows Is Rich
Feb 22DigitalOcean Holdings (NYSE:DOCN) Is Looking To Continue Growing Its Returns On Capital
Feb 01DigitalOcean: Business Excellence And Commitment To Innovation
Jan 20Is DigitalOcean Holdings, Inc. (NYSE:DOCN) Potentially Undervalued?
Jan 17Does This Valuation Of DigitalOcean Holdings, Inc. (NYSE:DOCN) Imply Investors Are Overpaying?
Jan 02DigitalOcean: The Stock Is Rising But This Bull Is Throwing In The Towel
Dec 22DigitalOcean's 2024 Revenue Growth Rates And Prospects
Nov 21DigitalOcean Holdings, Inc.'s (NYSE:DOCN) Shares Climb 26% But Its Business Is Yet to Catch Up
Nov 18DigitalOcean: Pure-Play Cloud Provider Trading At Under 20x Earnings
Oct 18DigitalOcean: Massive Headwinds And Unattractive Valuation
Sep 07DigitalOcean: Revised Guidance, A Cloudy Outlook For 2023
Aug 15Calculating The Intrinsic Value Of DigitalOcean Holdings, Inc. (NYSE:DOCN)
Aug 08DigitalOcean Seeks To Become AI Solution For SMBs
Aug 07When Should You Buy DigitalOcean Holdings, Inc. (NYSE:DOCN)?
Jul 18DigitalOcean: Sinking Or Swimming?
Jul 06DigitalOcean: Leading The Way In Cloud Services For The Developer Community
May 27DigitalOcean Q4 2022 Earnings Preview
Feb 15DigitalOcean: Like Cloud Computing AWS, But Much Cheaper
Feb 02DigitalOcean: Executing Well, But Risks Remain
Jan 03DigitalOcean opens new data center in Sydney
Nov 15DigitalOcean Non-GAAP EPS of $0.38 beats by $0.15, revenue of $152.12M beats by $4.37M
Nov 07Shareholder Returns
| DOCN | US IT | US Market | |
|---|---|---|---|
| 7D | 2.4% | 1.1% | 1.6% |
| 1Y | 4.9% | 21.6% | 25.1% |
Return vs Industry: DOCN underperformed the US IT industry which returned 21.6% over the past year.
Return vs Market: DOCN underperformed the US Market which returned 25.1% over the past year.
Price Volatility
| DOCN volatility | |
|---|---|
| DOCN Average Weekly Movement | 6.8% |
| IT Industry Average Movement | 8.4% |
| Market Average Movement | 6.1% |
| 10% most volatile stocks in US Market | 16.7% |
| 10% least volatile stocks in US Market | 3.0% |
Stable Share Price: DOCN has not had significant price volatility in the past 3 months.
Volatility Over Time: DOCN's weekly volatility (7%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2012 | 1,156 | Paddy Srinivasan | www.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
| DOCN fundamental statistics | |
|---|---|
| Market cap | US$3.18b |
| Earnings (TTM) | US$19.41m |
| Revenue (TTM) | US$692.88m |
163.7x
P/E Ratio4.6x
P/S RatioIs DOCN overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| DOCN income statement (TTM) | |
|---|---|
| Revenue | US$692.88m |
| Cost of Revenue | US$283.97m |
| Gross Profit | US$408.92m |
| Other Expenses | US$389.51m |
| Earnings | US$19.41m |
Last Reported Earnings
Dec 31, 2023
Next Earnings Date
May 10, 2024
| Earnings per share (EPS) | 0.21 |
| Gross Margin | 59.02% |
| Net Profit Margin | 2.80% |
| Debt/Equity Ratio | -471.1% |
How did DOCN perform over the long term?
See historical performance and comparison