DigitalOcean Holdings, Inc. (DOCN)

Market Cap	3.71B
Revenue (ttm)	780.62M
Net Income (ttm)	84.49M
Shares Out	92.07M
EPS (ttm)	0.89
PE Ratio	45.34
Forward PE	21.08
Dividend	n/a
Ex-Dividend Date	n/a

Volume	1,602,483
Open	43.22
Previous Close	42.85
Day's Range	39.99 - 43.25
52-Week Range	26.63 - 47.02
Beta	1.80
Analysts	Buy
Price Target	43.17 (+6.99%)
Earnings Date	Feb 25, 2025

About DOCN

DigitalOcean Holdings, Inc., through its subsidiaries, operates a cloud computing platform in North America, Europe, Asia, and internationally. The company provides on-demand infrastructure and platform tools for developers at growing technology companies. It also offers infrastructure-as-a-service (IaaS) solutions comprising compute, storage, and networking products, including cloud firewalls, managed load balancers, and virtual private cloud software, as well as IP address management and domain name system management. In addition, the company...

• Industry: Software - Infrastructure
• Sector: Technology
• IPO Date: Mar 24, 2021
• Employees: 1,156
• Stock Exchange: NYSE
• Ticker Symbol: DOCN
• Website: https://www.digitalocean.com

Financial Performance

In 2024, DigitalOcean's revenue was $780.62 million, an increase of 12.66% compared to the previous year's $692.88 million. Earnings were $84.49 million, an increase of 335.32%.

Analyst Forecast

According to 13 analysts, the average rating for DOCN stock is "Buy." The 12-month stock price forecast is $43.17, which is an increase of 6.99% from the latest price.

Price Target

$43.17

(6.99% upside)

Analyst Consensus: Buy