DigitalOcean Holdings, Inc. (DOCN)
NYSE: DOCN · Real-Time Price · USD
31.23
-3.96 (-11.25%)
At close: Apr 3, 2025, 4:00 PM
32.15
+0.92 (2.95%)
After-hours: Apr 3, 2025, 7:59 PM EDT
DigitalOcean Stock Forecast
Stock Price Forecast
The 12 analysts with 12-month price forecasts for DigitalOcean stock have an average target of 43.17, with a low estimate of 31 and a high estimate of 55. The average target predicts an increase of 38.23% from the current stock price of 31.23.
Analyst Consensus: Buy
* Price targets were last updated on Feb 26, 2025.
Analyst Ratings
The average analyst rating for DigitalOcean stock from 13 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Oct '24 | Nov '24 | Dec '24 | Jan '25 | Feb '25 | Mar '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 2 | 3 | 3 | 3 |
| Buy | 3 | 3 | 3 | 4 | 3 | 3 |
| Hold | 5 | 5 | 5 | 6 | 6 | 6 |
| Sell | 0 | 0 | 0 | 0 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 11 | 11 | 10 | 13 | 13 | 13 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| UBS | UBS | Hold Maintains $39 → $44 | Hold | Maintains | $39 → $44 | +40.89% | Feb 26, 2025 |
| Canaccord Genuity | Canaccord Genuity | Strong Buy Maintains $48 → $50 | Strong Buy | Maintains | $48 → $50 | +60.10% | Feb 26, 2025 |
| JP Morgan | JP Morgan | Hold Maintains $40 → $45 | Hold | Maintains | $40 → $45 | +44.09% | Feb 26, 2025 |
| Citizens Capital Markets | Citizens Capital Markets | Buy Reiterates $55 | Buy | Reiterates | $55 | +76.11% | Feb 26, 2025 |
| Cantor Fitzgerald | Cantor Fitzgerald | Hold Maintains $39 → $43 | Hold | Maintains | $39 → $43 | +37.69% | Feb 26, 2025 |
Financial Forecast
Revenue This Year
900.92M
from 780.62M
Increased by 15.41%
Revenue Next Year
1.02B
from 900.92M
Increased by 13.66%
EPS This Year
1.95
from 0.89
Increased by 119.37%
EPS Next Year
2.25
from 1.95
Increased by 15.05%
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 934.5M | 1.1B | 1.3B | ||
| Avg | 900.9M | 1.0B | 1.2B | ||
| Low | 860.6M | 965.6M | 1.1B |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 19.7% | 21.0% | 24.9% | ||
| Avg | 15.4% | 13.7% | 14.8% | ||
| Low | 10.3% | 7.2% | 4.5% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 2.13 | 2.52 | 3.01 |
| Avg | 1.95 | 2.25 | 2.62 |
| Low | 1.81 | 1.98 | 2.28 |
EPS Growth
| EPS Growth | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 139.5% | 29.1% | 34.2% |
| Avg | 119.4% | 15.1% | 16.7% |
| Low | 103.7% | 1.4% | 1.7% |
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.