DigitalOcean Holdings, Inc. (DOCN)
NYSE: DOCN · Real-Time Price · USD
41.61
+4.57 (12.29%)
Feb 25, 2025, 12:13 PM EST - Market open
DigitalOcean Stock Forecast
Stock Price Forecast
The 11 analysts with 12-month price forecasts for DigitalOcean stock have an average target of 42.36, with a low estimate of 34 and a high estimate of 55. The average target predicts an increase of 1.80% from the current stock price of 41.61.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for DigitalOcean stock from 12 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 | Sep '24 | Oct '24 | Nov '24 | Dec '24 | Jan '25 | Feb '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 3 | 2 | 3 | 3 |
| Buy | 3 | 3 | 3 | 3 | 4 | 3 |
| Hold | 5 | 5 | 5 | 5 | 6 | 6 |
| Sell | 1 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 12 | 11 | 11 | 10 | 13 | 12 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| JMP Securities | JMP Securities | Buy Maintains $47 → $55 | Buy | Maintains | $47 → $55 | +32.18% | Jan 27, 2025 |
| Citigroup | Citigroup | Strong Buy Initiates $45 | Strong Buy | Initiates | $45 | +8.15% | Jan 24, 2025 |
| Cantor Fitzgerald | Cantor Fitzgerald | Hold Initiates $39 | Hold | Initiates | $39 | -6.27% | Jan 16, 2025 |
| Morgan Stanley | Morgan Stanley | Hold → Buy Upgrades $40 → $41 | Hold → Buy | Upgrades | $40 → $41 | -1.47% | Jan 16, 2025 |
| Stifel | Stifel | Hold Maintains $35 → $40 | Hold | Maintains | $35 → $40 | -3.87% | Dec 18, 2024 |
Financial Forecast
Revenue This Year
791.68M
from 692.88M
Increased by 14.26%
Revenue Next Year
894.88M
from 791.68M
Increased by 13.04%
EPS This Year
1.79
from 0.20
Increased by 794.11%
EPS Next Year
1.88
from 1.79
Increased by 5.25%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 816.1M | 928.7M | 1.1B | |||
| Avg | 791.7M | 894.9M | 1.0B | |||
| Low | 759.9M | 845.7M | 947.7M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 17.8% | 17.3% | 21.8% | |||
| Avg | 14.3% | 13.0% | 13.5% | |||
| Low | 9.7% | 6.8% | 5.9% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 1.96 | 2.08 | 2.52 | |
| Avg | 1.79 | 1.88 | 2.19 | |
| Low | 1.65 | 1.43 | 1.69 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 881.8% | 16.3% | 33.9% | |
| Avg | 794.1% | 5.3% | 16.6% | |
| Low | 723.2% | -20.0% | -10.4% |
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.