DigitalOcean Holdings, Inc. (DOCN)

DigitalOcean Stock Forecast

Stock Price Forecast

According to 13 professional analysts, the 12-month price target for DigitalOcean stock ranges from a low of $31 to a high of $55. The average analyst price target of $40.62 forecasts a 31.63% increase in the stock price over the next year.

Price Target: $40.62 (+31.63%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$31	$40.62	$41	$55
Change	+0.45%	+31.63%	+32.86%	+78.22%

Analyst Ratings

The average analyst rating for DigitalOcean stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Dec '24	Jan '25	Feb '25	Mar '25	Apr '25	May '25
Strong Buy	2	3	3	3	3	4
Buy	3	4	3	3	3	3
Hold	5	6	6	6	6	6
Sell	0	0	1	1	1	1
Strong Sell	0	0	0	0	0	0
Total	10	13	13	13	13	14

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Jeff Hickey UBS	UBS	Hold Maintains $44 → $32	Hold	Maintains	$44 → $32	+3.69%	May 8, 2025
Mark Zhang Citigroup	Citigroup	Strong Buy Maintains $50 → $40	Strong Buy	Maintains	$50 → $40	+29.62%	May 7, 2025
Gabriela Borges Goldman Sachs	Goldman Sachs	Strong Buy Maintains $46 → $41	Strong Buy	Maintains	$46 → $41	+32.86%	May 7, 2025
Mike Cikos Needham	Needham	Hold Reiterates n/a	Hold	Reiterates	n/a	n/a	May 6, 2025
Raimo Lenschow Barclays	Barclays	Buy Maintains $48 → $38	Buy	Maintains	$48 → $38	+23.14%	Apr 21, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

900.28M

Increased by 15.33%

from 780.62M

Revenue Next Year

1.03B

Increased by 13.85%

from 900.28M

EPS This Year

1.95

Increased by 118.91%

from 0.89

EPS Next Year

2.24

Increased by 15.12%

from 1.95

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026	Dec 31, 2027
Revenue	318.38M	428.56M	576.32M	692.88M	780.62M	900.28M	1.03B	1.18B
Revenue Growth	24.94%	34.61%	34.48%	20.23%	12.66%	15.33%	13.85%	15.51%
EPS	-1.05	-0.21	-0.28	0.20	0.89	1.95	2.24	2.64
EPS Growth	-	-	-	-	345.00%	118.91%	15.12%	17.65%
Forward PE	-	-	-	-	-	15.84	13.76	11.69
No. Analysts	-	-	-	-	-	17	17	11

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2025	2026	2027	2028	2029
High	934.5M	1.1B	1.3B
Avg	900.3M	1.0B	1.2B
Low	856.1M	956.5M	1.1B

Revenue Growth

Revenue Growth	2025	2026	2027	2028	2029
High	19.7%	21.1%	24.8%
Avg	15.3%	13.9%	15.5%
Low	9.7%	6.2%	5.3%

EPS Forecast

EPS	2025	2026	2027
High	2.13	2.52	3.01
Avg	1.95	2.24	2.64
Low	1.80	1.89	2.28

EPS Growth

EPS Growth	2025	2026	2027
High	139.5%	29.3%	34.4%
Avg	118.9%	15.1%	17.6%
Low	102.6%	-2.9%	1.8%

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.