DigitalOcean Holdings, Inc. (DOCN)

NYSE: DOCN · IEX Real-Time Price · USD
30.61
+0.12 (0.39%)
At close: Dec 7, 2023, 4:00 PM
30.95
+0.34 (1.11%)
After-hours: Dec 7, 2023, 5:12 PM EST
0.39%
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... [Read more]

Sector Technology
IPO Date Mar 24, 2021
Employees 1,204
Stock Exchange NYSE
Ticker Symbol DOCN
Full Company Profile

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.

Financial Statements

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
Stock Forecasts

News

AI Stock Buys Are C3.ai, Cloudflare, and DigitalOcean, Analyst Says

Oppenheimer analyst Timothy Horan upgraded shares of C3.ai, Cloudflare, and DigitalOcean to Outperform from Perform.

Other symbols: AINET
16 days ago - Barrons

DigitalOcean rises on AI-powered infrastructure service demand

Cloud computing platform and hosting provider DigitalOcean Holdings Inc. NASDAQ: DOCN saw its shares jump 20% on strong Q3 2023 earnings and raised guidance. The company is a member of the Computer an...

17 days ago - MarketBeat

RackWare Now Supports DigitalOcean for Integrated Assessment, Migration and Disaster Recovery

SAN JOSE, Calif.--(BUSINESS WIRE)--RackWare, a leading innovator in hybrid cloud management solutions, today announced full support for DigitalOcean's cloud platform. The RackWare Management Module (R...

23 days ago - Business Wire

FINAL DEADLINE TODAY: The Schall Law Firm Encourages Investors in DigitalOcean Holdings, Inc. with Losses of $100,000 to Contact the Firm

LOS ANGELES, CA / ACCESSWIRE / November 13, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against DigitalOcean Holdings, Inc. (...

24 days ago - Accesswire

SHAREHOLDER ALERT: The Law Offices of Vincent Wong Remind DigitalOcean Investors of a Lead Plaintiff Deadline of November 13, 2023

NEW YORK , Nov. 13, 2023 /PRNewswire/ -- Attention DigitalOcean Holdings, Inc. ("DigitalOcean") (NYSE: DOCN) shareholders: The Law Offices of Vincent Wong announce that a class action lawsuit has comm...

24 days ago - PRNewsWire

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of DigitalOcean Holdings, Inc. - DOCN

NEW YORK , Nov. 11, 2023 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of DigitalOcean Holdings, Inc. ("DigitalOcean" or the "Company") (NYSE: DOCN). Such investors are ...

26 days ago - PRNewsWire

The Law Offices of Frank R. Cruz Reminds Investors of Looming Deadline in the Class Action Lawsuit Against DigitalOcean Holdings, Inc. (DOCN)

LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz reminds investors of the upcoming November 13, 2023 deadline to file a lead plaintiff motion in the class action filed on behalf of inves...

27 days ago - Business Wire

FINAL DEADLINE MONDAY: The Schall Law Firm Encourages Investors in DigitalOcean Holdings, Inc. with Losses of $100,000 to Contact the Firm

LOS ANGELES, CA / ACCESSWIRE / November 10, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against DigitalOcean Holdings, Inc. (...

27 days ago - Accesswire

DOCN Investors Have Opportunity to Lead DigitalOcean Holdings, Inc. Securities Fraud Lawsuit

LOS ANGELES , Nov. 9, 2023 /PRNewswire/ -- The Law Offices of Frank R. Cruz announces that investors with substantial losses have opportunity to lead the securities fraud class action lawsuit against ...

4 weeks ago - PRNewsWire

DigitalOcean Currents Report Finds That Adoption of AI/ML, and Investments in Cybersecurity and Multi-cloud Strategies Are On The Rise at Small Businesses

NEW YORK--(BUSINESS WIRE)--DigitalOcean Holdings, Inc. (NYSE: DOCN), the cloud for small-to-medium businesses (SMBs) and startups, today announced the findings of its bi-annual Currents report, which ...

4 weeks ago - Business Wire

SHAREHOLDER ALERT: Levi & Korsinsky Notifies DigitalOcean Holdings, Inc.(DOCN) Investors of a Class Action Lawsuit and Upcoming Deadline

NEW YORK , Nov. 9, 2023 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in DigitalOcean Holdings, Inc. ("DigitalOcean" or the "Company") (NYSE: DOCN) of a class action securities lawsuit. CLA...

4 weeks ago - PRNewsWire

SHAREHOLDER ACTION ALERT: The Schall Law Firm Encourages Investors in DigitalOcean Holdings, Inc. with Losses of $500,000 to Contact the Firm

LOS ANGELES, CA / ACCESSWIRE / November 9, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against DigitalOcean Holdings, Inc. ("...

4 weeks ago - Accesswire

SHAREHOLDER ACTION ALERT: The Schall Law Firm Encourages Investors in DigitalOcean Holdings, Inc. with Losses of $100,000 to Contact the Firm

LOS ANGELES, CA / ACCESSWIRE / November 7, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against DigitalOcean Holdings, Inc. ("...

4 weeks ago - Accesswire

SHAREHOLDER ALERT: The Gross Law Firm Notifies Shareholders of DigitalOcean Holdings, Inc. of a Class Action Lawsuit and a Lead Plaintiff Deadline of November 13, 2023 - (NYSE: DOCN)

NEW YORK , Nov. 7, 2023 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of DigitalOcean Holdings, Inc.. Shareholders who purchased shares of DOCN during the class period...

4 weeks ago - PRNewsWire

FINAL DEADLINE IMMINENT: The Schall Law Firm Encourages Investors in DigitalOcean Holdings, Inc. with Losses of $100,000 to Contact the Firm

LOS ANGELES, CA / ACCESSWIRE / November 7, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against DigitalOcean Holdings, Inc. ("...

4 weeks ago - Accesswire

DIGITALOCEAN SHAREHOLDER ALERT

Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses In DigitalOcean To Contact Him Directly To Discuss Their Options If you purchased or acquired securities in D...

4 weeks ago - PRNewsWire

DigitalOcean Announces Third Quarter 2023 Financial Results

NEW YORK--(BUSINESS WIRE)--DigitalOcean Holdings, Inc. (NYSE: DOCN), the cloud for startups and SMBs, today announced results for its third quarter ended September 30, 2023. “We are encouraged by the ...

5 weeks ago - Business Wire

INVESTOR ACTION ALERT: The Schall Law Firm Encourages Investors in DigitalOcean Holdings, Inc. with Losses of $100,000 to Contact the Firm

LOS ANGELES, CA / ACCESSWIRE / November 2, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against DigitalOcean Holdings, Inc. ("...

5 weeks ago - Accesswire

ROSEN, A LONGSTANDING LAW FIRM, Encourages DigitalOcean Holdings, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action - DOCN

NEW YORK , Nov. 1, 2023 /PRNewswire/ --  WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of DigitalOcean Holdings, Inc. (NYSE: DOCN) between February 16, 2023 ...

5 weeks ago - PRNewsWire

DOCN INVESTOR ALERT: Bronstein, Gewirtz & Grossman LLC Announces that DigitalOcean Holdings, Inc. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit!

NEW YORK--(BUSINESS WIRE)---- $Docn #classaction--Attorney Advertising--Bronstein, Gewirtz & Grossman, LLC a nationally recognized law firm, notifies investors that a class action lawsuit has been fil...

5 weeks ago - Business Wire

DEADLINE ACTION ALERT: The Schall Law Firm Encourages Investors in DigitalOcean Holdings, Inc. with Losses of $100,000 to Contact the Firm

LOS ANGELES, CA / ACCESSWIRE / October 31, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against DigitalOcean Holdings, Inc. ("...

5 weeks ago - Accesswire

SHAREHOLDER ACTION REMINDER: The Schall Law Firm Encourages Investors in DigitalOcean Holdings, Inc. with Losses of $100,000 to Contact the Firm

LOS ANGELES , Oct. 30, 2023 /PRNewswire/ -- The Schall Law Firm , a national shareholder rights litigation firm, reminds investors of a class action lawsuit against DigitalOcean Holdings, Inc. ("Digit...

5 weeks ago - PRNewsWire

TOP RANKED ROSEN LAW FIRM Encourages DigitalOcean Holdings, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action – DOCN

NEW YORK--(BUSINESS WIRE)---- $DOCN #DOCN--WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of DigitalOcean Holdings, Inc. (NYSE: DOCN) between February 16, 202...

6 weeks ago - Business Wire

ROSEN, NATIONAL TRIAL LAWYERS, Encourages DigitalOcean Holdings, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action - DOCN

NEW YORK , Oct. 19, 2023 /PRNewswire/ -- WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of DigitalOcean Holdings, Inc. (NYSE: DOCN) between February 16, 2023 ...

7 weeks ago - PRNewsWire

DIGITALOCEAN INVESTOR DEADLINE APPROACHING

Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses In DigitalOcean To Contact Him Directly To Discuss Their Options If you purchased or acquired securities in D...

7 weeks ago - PRNewsWire