DigitalOcean Holdings, Inc. (DOCN)

Market Cap	2.62B
Revenue (ttm)	675.01M
Net Income (ttm)	-10.12M
Shares Out	86.01M
EPS (ttm)	-0.10
PE Ratio	n/a
Forward PE	19.10
Dividend	n/a
Ex-Dividend Date	n/a

Volume	616,772
Open	30.31
Previous Close	30.49
Day's Range	29.70 - 30.90
52-Week Range	19.39 - 51.69
Beta	1.74
Analysts	Buy
Price Target	34.80 (+13.69%)
Earnings Date	Nov 2, 2023

About DOCN

DigitalOcean Holdings, Inc., through its subsidiaries, operates a cloud computing platform in North America, Europe, Asia, and internationally. Its platform provides on-demand infrastructure and platform tools for developers, start-ups, and small and medium size businesses. The company offers infrastructure solutions across compute, storage, and networking, as well as enables developers to extend the native capabilities of its cloud with fully managed application, container, and database offerings. Its users include software engineers, research...

• Industry: Software - Infrastructure
• Sector: Technology
• IPO Date: Mar 24, 2021
• Employees: 1,204
• Stock Exchange: NYSE
• Ticker Symbol: DOCN

Financial Performance

In 2022, DOCN's revenue was $576.32 million, an increase of 34.48% compared to the previous year's $428.56 million. Losses were -$27.80 million, 42.6% more than in 2021.

Analyst Forecast

According to 11 analysts, the average rating for DOCN stock is "Buy." The 12-month stock price forecast is $34.8, which is an increase of 13.69% from the latest price.

Price Target

$34.8

(13.69% upside)

Analyst Consensus: Buy