DigitalOcean Holdings, Inc. (DOCN)
| Market Cap | 3.37B |
| Revenue (ttm) | 712.48M |
| Net Income (ttm) | 49.92M |
| Shares Out | 91.09M |
| EPS (ttm) | 0.52 |
| PE Ratio | 71.15 |
| Forward PE | 21.85 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 1,161,757 |
| Open | 37.42 |
| Previous Close | 37.32 |
| Day's Range | 36.66 - 37.48 |
| 52-Week Range | 19.39 - 51.69 |
| Beta | 1.83 |
| Analysts | Buy |
| Price Target | 37.30 (+0.81%) |
| Earnings Date | May 10, 2024 |
About DOCN
DigitalOcean Holdings, Inc., through its subsidiaries, operates a cloud computing platform in North America, Europe, Asia, and internationally. The company's platform provides on-demand infrastructure and platform tools for developers, start-ups, and small and growing digital businesses. It also offers infrastructure-as-a-service (IaaS) solutions comprising compute and storage services, as well as networking projects, including Cloud Firewalls software, Managed Load Balancers software, and Virtual Private Cloud (VPC). The company also provides ... [Read more]
Financial Performance
Financial StatementsAnalyst Forecast
According to 11 analysts, the average rating for DOCN stock is "Buy." The 12-month stock price forecast is $37.3, which is an increase of 0.81% from the latest price.
News
DigitalOcean Stock Rises After Earnings. It's a Different Cloud Play From Microsoft, Amazon.
For the full-year, the company expects revenue of $760 to $775 million, narrowing the lower end of the range from $755 million.
DigitalOcean Announces First Quarter 2024 Financial Results
NEW YORK--(BUSINESS WIRE)--DigitalOcean Holdings, Inc. (NYSE: DOCN), the developer cloud optimized for startups and growing technology businesses, today announced results for its first quarter ended M...
DigitalOcean Holdings Set to Join S&P SmallCap 600
NEW YORK, April 30, 2024 /PRNewswire/ -- DigitalOcean Holdings Inc. (NYSE: DOCN) will replace Agiliti Inc. (NYSE: AGTI) in the S&P SmallCap 600 effective prior to the opening of trading on Tuesday, Ma...
DigitalOcean Announces Date of First Quarter 2024 Earnings Conference Call
NEW YORK--(BUSINESS WIRE)--DigitalOcean Holdings, Inc. (NYSE: DOCN), the developer cloud optimized for startups and growing digital businesses, announced today that it will report financial results fo...
DigitalOcean Announces Fourth Quarter and Fiscal Year 2023 Financial Results
NEW YORK--(BUSINESS WIRE)--DigitalOcean Holdings, Inc. (NYSE: DOCN), the developer cloud optimized for startups and growing digital businesses, today announced results for its fourth quarter and fisca...
DigitalOcean Unveils Enhanced Data Backups to Strengthen Business Continuity
NEW YORK--(BUSINESS WIRE)--DigitalOcean Holdings, Inc. (NYSE: DOCN), the developer cloud optimized for startups and growing digital businesses, today announced the next evolution of DigitalOcean Backu...
DigitalOcean's Cloudways Launches Autonomous to Ensure High Availability for Growing Business Websites
NEW YORK--(BUSINESS WIRE)--DigitalOcean Holdings, Inc. (NYSE: DOCN), the developer cloud optimized for startups and growing digital businesses, today announced the availability of Autonomous, Cloudway...
DigitalOcean Announces Date of Fourth Quarter 2023 Earnings Conference Call
NEW YORK--(BUSINESS WIRE)--DigitalOcean Holdings, Inc. (NYSE: DOCN), the developer cloud optimized for startups and growing digital businesses, announced today that it will report financial results fo...
DigitalOcean Announces Availability of NVIDIA H100 GPUs on Paperspace Platform, Expanding Access to AI Compute for Startups and Growing Digital Businesses
NEW YORK--(BUSINESS WIRE)--DigitalOcean Holdings, Inc. (NYSE: DOCN), the developer cloud optimized for startups and growing digital businesses, today announced virtualized availability of NVIDIA H100 ...
DigitalOcean Appoints Paddy Srinivasan as Chief Executive Officer
NEW YORK--(BUSINESS WIRE)--DigitalOcean Holdings, Inc. (NYSE: DOCN), the developer cloud optimized for startups and growing digital businesses, today announced that the Company's Board of Directors ha...
AI Stock Buys Are C3.ai, Cloudflare, and DigitalOcean, Analyst Says
Oppenheimer analyst Timothy Horan upgraded shares of C3.ai, Cloudflare, and DigitalOcean to Outperform from Perform.
RackWare Now Supports DigitalOcean for Integrated Assessment, Migration and Disaster Recovery
SAN JOSE, Calif.--(BUSINESS WIRE)--RackWare, a leading innovator in hybrid cloud management solutions, today announced full support for DigitalOcean's cloud platform. The RackWare Management Module (R...
FINAL DEADLINE TODAY: The Schall Law Firm Encourages Investors in DigitalOcean Holdings, Inc. with Losses of $100,000 to Contact the Firm
LOS ANGELES, CA / ACCESSWIRE / November 13, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against DigitalOcean Holdings, Inc. (...
SHAREHOLDER ALERT: The Law Offices of Vincent Wong Remind DigitalOcean Investors of a Lead Plaintiff Deadline of November 13, 2023
NEW YORK , Nov. 13, 2023 /PRNewswire/ -- Attention DigitalOcean Holdings, Inc. ("DigitalOcean") (NYSE: DOCN) shareholders: The Law Offices of Vincent Wong announce that a class action lawsuit has comm...
SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of DigitalOcean Holdings, Inc. - DOCN
NEW YORK , Nov. 11, 2023 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of DigitalOcean Holdings, Inc. ("DigitalOcean" or the "Company") (NYSE: DOCN). Such investors are ...
The Law Offices of Frank R. Cruz Reminds Investors of Looming Deadline in the Class Action Lawsuit Against DigitalOcean Holdings, Inc. (DOCN)
LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz reminds investors of the upcoming November 13, 2023 deadline to file a lead plaintiff motion in the class action filed on behalf of inves...
FINAL DEADLINE MONDAY: The Schall Law Firm Encourages Investors in DigitalOcean Holdings, Inc. with Losses of $100,000 to Contact the Firm
LOS ANGELES, CA / ACCESSWIRE / November 10, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against DigitalOcean Holdings, Inc. (...
DOCN Investors Have Opportunity to Lead DigitalOcean Holdings, Inc. Securities Fraud Lawsuit
LOS ANGELES , Nov. 9, 2023 /PRNewswire/ -- The Law Offices of Frank R. Cruz announces that investors with substantial losses have opportunity to lead the securities fraud class action lawsuit against ...
DigitalOcean Currents Report Finds That Adoption of AI/ML, and Investments in Cybersecurity and Multi-cloud Strategies Are On The Rise at Small Businesses
NEW YORK--(BUSINESS WIRE)--DigitalOcean Holdings, Inc. (NYSE: DOCN), the cloud for small-to-medium businesses (SMBs) and startups, today announced the findings of its bi-annual Currents report, which ...
SHAREHOLDER ALERT: Levi & Korsinsky Notifies DigitalOcean Holdings, Inc.(DOCN) Investors of a Class Action Lawsuit and Upcoming Deadline
NEW YORK , Nov. 9, 2023 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in DigitalOcean Holdings, Inc. ("DigitalOcean" or the "Company") (NYSE: DOCN) of a class action securities lawsuit. CLA...
SHAREHOLDER ACTION ALERT: The Schall Law Firm Encourages Investors in DigitalOcean Holdings, Inc. with Losses of $500,000 to Contact the Firm
LOS ANGELES, CA / ACCESSWIRE / November 9, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against DigitalOcean Holdings, Inc. ("...
SHAREHOLDER ACTION ALERT: The Schall Law Firm Encourages Investors in DigitalOcean Holdings, Inc. with Losses of $100,000 to Contact the Firm
LOS ANGELES, CA / ACCESSWIRE / November 7, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against DigitalOcean Holdings, Inc. ("...
SHAREHOLDER ALERT: The Gross Law Firm Notifies Shareholders of DigitalOcean Holdings, Inc. of a Class Action Lawsuit and a Lead Plaintiff Deadline of November 13, 2023 - (NYSE: DOCN)
NEW YORK , Nov. 7, 2023 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of DigitalOcean Holdings, Inc.. Shareholders who purchased shares of DOCN during the class period...
FINAL DEADLINE IMMINENT: The Schall Law Firm Encourages Investors in DigitalOcean Holdings, Inc. with Losses of $100,000 to Contact the Firm
LOS ANGELES, CA / ACCESSWIRE / November 7, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against DigitalOcean Holdings, Inc. ("...