DigitalOcean Holdings, Inc. (DOCN)

Market Cap	2.57B
Revenue (ttm)	806.59M
Net Income (ttm)	108.56M
Shares Out	91.03M
EPS (ttm)	1.14
PE Ratio	24.91
Forward PE	15.02
Dividend	n/a
Ex-Dividend Date	n/a

Volume	1,259,656
Open	28.84
Previous Close	28.48
Day's Range	28.26 - 29.12
52-Week Range	25.45 - 47.02
Beta	1.76
Analysts	Buy
Price Target	40.62 (+43.64%)
Earnings Date	Aug 5, 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: 1,210
• 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 Summary

According to 14 analysts, the average rating for DOCN stock is "Buy." The 12-month stock price target is $40.62, which is an increase of 43.64% from the latest price.

Price Target

$40.62

(43.64% upside)

Analyst Consensus: Buy