DigitalOcean Holdings, Inc. (DOCN)

Market Cap	2.89B
Revenue (ttm)	832.81M
Net Income (ttm)	126.45M
Shares Out	91.04M
EPS (ttm)	1.32
PE Ratio	24.14
Forward PE	16.13
Dividend	n/a
Ex-Dividend Date	n/a

Volume	5,356,520
Open	30.05
Previous Close	30.05
Day's Range	29.89 - 31.92
52-Week Range	25.45 - 47.02
Beta	1.75
Analysts	Buy
Price Target	41.92 (+32.03%)
Earnings Date	Aug 5, 2025

About DOCN

DigitalOcean Holdings, Inc., through its subsidiaries, operates a cloud computing platform in North America, Europe, Asia, and internationally. The company provides on-demand infrastructure and platform tools for developers at growing technology companies. It also offers infrastructure-as-a-service (IaaS) solutions comprising compute, storage, and networking products, including cloud firewalls, managed load balancers, and virtual private cloud software, as well as IP address management and domain name system management. In addition, the company...

• Industry: Software - Infrastructure
• Sector: Technology
• IPO Date: Mar 24, 2021
• Employees: 1,210
• Stock Exchange: NYSE
• Ticker Symbol: DOCN
• Website: https://www.digitalocean.com

Financial Performance

In 2024, DigitalOcean's revenue was $780.62 million, an increase of 12.66% compared to the previous year's $692.88 million. Earnings were $84.49 million, an increase of 335.32%.

Analyst Forecast

According to 13 analysts, the average rating for DOCN stock is "Buy." The 12-month stock price target is $41.92, which is an increase of 32.03% from the latest price.

Price Target

$41.92

(32.03% upside)

Analyst Consensus: Buy