DigitalOcean Holdings, Inc. (DOCN)

Market Cap	2.85B
Revenue (ttm)	806.59M
Net Income (ttm)	108.56M
Shares Out	91.03M
EPS (ttm)	1.14
PE Ratio	25.70
Forward PE	15.53
Dividend	n/a
Ex-Dividend Date	n/a

Volume	1,033,980
Open	30.94
Previous Close	29.17
Day's Range	29.96 - 31.49
52-Week Range	25.45 - 47.02
Beta	1.88
Analysts	Buy
Price Target	40.62 (+29.71%)
Earnings Date	May 6, 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 14 analysts, the average rating for DOCN stock is "Buy." The 12-month stock price forecast is $40.62, which is an increase of 29.71% from the latest price.

Price Target

$40.62

(29.71% upside)

Analyst Consensus: Buy