DigitalOcean Holdings, Inc. (DOCN)
| Market Cap | 4.23B |
| Revenue (ttm) | 492.30M |
| Net Income (ttm) | -38.29M |
| Shares Out | 97.49M |
| EPS (ttm) | -0.32 |
| PE Ratio | n/a |
| Forward PE | 58.48 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 1,514,425 |
| Open | 44.37 |
| Previous Close | 45.42 |
| Day's Range | 43.01 - 44.81 |
| 52-Week Range | 30.05 - 133.40 |
| Beta | n/a |
| Analysts | Buy |
| Price Target | 56.38 (+30.0%) |
| Earnings Date | Aug 8, 2022 |
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... [Read more...]
Financial Performance
In 2021, DOCN's revenue was $428.56 million, an increase of 34.61% compared to the previous year's $318.38 million. Losses were -$19.50 million, -55.24% less than in 2020.
Financial StatementsAnalyst Forecast
According to 18 analysts, the average rating for DOCN stock is "Buy." The 12-month stock price forecast is 56.38, which is an increase of 30.00% from the latest price.
News
DigitalOcean says customer email addresses were exposed after latest Mailchimp breach
Cloud giant DigitalOcean says that some customers' email addresses were exposed because of a recent “security incident” at email marketing company Mailchimp.
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DigitalOcean (DOCN) Q2 Earnings Beat, Revenues Rise Y/Y
DigitalOcean's (DOCN) second-quarter 2022 results reflect the negative impacts of the Russia-Ukraine war and reduced expansion spend rate on the company's platform.
DigitalOcean Holdings, Inc. (DOCN) Q2 Earnings Surpass Estimates
DigitalOcean Holdings, Inc. (DOCN) delivered earnings and revenue surprises of 100% and 0.29%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?
DigitalOcean Announces Second Quarter 2022 Financial Results
NEW YORK--(BUSINESS WIRE)--DigitalOcean Holdings, Inc. (NYSE: DOCN), the cloud for developers, startups and SMBs, today announced results for its second quarter ended June 30, 2022. "We are taking a num...
DigitalOcean (DOCN) to Post Q2 Earnings: What's in Store?
DigitalOcean's (DOCN) second-quarter 2022 results are likely to reflect benefits from broadened product portfolio.
DigitalOcean Holdings, Inc. (DOCN) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
DigitalOcean Holdings, Inc. (DOCN) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
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A well-thought-out and shareholder-friendly strategy seems to be creating a sustainable path of growth for DigitalOcean.
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Five technology companies will report earnings results within the next couple of weeks. These are: WCC, AZPN, DOCN, FSLY and CAMT.
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Why DigitalOcean Stock Was Underwater This Week
Increasingly bearish analyst sentiment sent the cloud computing stock plunging.
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Why DigitalOcean Stock Sank on Monday
A bearish analyst's note sent the cloud-computing stock plunging.
Why Is DigitalOcean (DOCN) Stock Down 15% Today?
Investors in DigitalOcean and DOCN stock are singing the blues today. Shares of the software company are sinking approximately 15%.
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DigitalOcean Second Quarter 2022 Earnings Conference Call
NEW YORK--(BUSINESS WIRE)--DigitalOcean Holdings, Inc. (NYSE: DOCN), the cloud for developers, startups and SMBs, today announced that it will publish financial results for the second quarter 2022 follo...
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2 Reasons to Buy DigitalOcean Stock, and 1 Reason to Sell
The small cloud computing company keeps things simple and lean, but so do a multitude of competitors.
