DOCN

DigitalOcean Holdings, Inc. [DOCN] Stock Forecast

Buy or Sell ? Support and Resistance

What is MACD and how to read it?

How RSI can help?
RSI : 000

DOCN Stock Summary

Top DOCN Correlated Resources

DOCN


Top 10 Correlated ETFs

DOCN


Top 10 Correlated Stocks

DOCN


In the News

12:58 10 Dec 2023 DOCN

7 Mid-Cap Stocks to Buy to Capture Massive AI Growth

There's a strong argument to be made that investors should consider mid-cap AI stocks currently. The markets expect that the Fed will hold interest rates steady moving forward.

11:06 10 Dec 2023 DOCN

DigitalOcean: A Long-Term Buy In The Cloud Computing Industry

DigitalOcean, a two-billion-dollar plus market cap company, focuses on serving developers and small and medium-sized businesses in the cloud industry. It has faced challenges due to reduced cloud growth in 2022-2023 as interest rates increased. However, the company's business prospects should strengthen with a global economy that economists expect to improve in 2025.

10:59 10 Dec 2023 DOCN

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.

06:06 10 Dec 2023 DOCN

DigitalOcean rises on AI-powered infrastructure service demand

Cloud computing platform and hosting provider DigitalOcean Holdings Inc. NASDAQ: DOCN saw its shares jump 20% on strong Q3 2023 earnings and raised guidance. The company is a member of the Computer and Technology sector, providing on-demand cloud infrastructure services and tools to start-up companies and small and medium-sized businesses (SMBs), with the majority of its revenues being generated internationally.

05:45 10 Dec 2023 DOCN

The Nasdaq-100 Could Soar in 2024 -- 1 Magnificent Stock Near Its 52-Week Low to Buy Right Now

The Nasdaq-100 technology index surged 43% this year, and history suggests 2024 could bring more gains. Now is a great time for investors to position themselves for the new year with quality tech stocks.

05:46 10 Dec 2023 DOCN

DigitalOcean Stock Is Down in the Dumps Again, but Could a Rebound Be Coming?

DigitalOcean beat its own guidance in Q3 2023. Two big questions still loom large: Who will be the new CEO, and will small-business spending on cloud infrastructure soon bottom?

06:28 10 Dec 2023 DOCN

Is DigitalOcean Stock a Buy as Growth Slows?

DigitalOcean's growth is decelerating as customers pull back on spending. The company is still winning new customers, particularly those who tend to spend more each month.

05:25 10 Dec 2023 DOCN

Where Will DigitalOcean Stock Be in 1 Year?

DigitalOcean's Q3 earnings easily beat Wall Street's expectations. DigitalOcean management slightly raised its full-year revenue guidance.

08:23 10 Dec 2023 DOCN

Top Small-Cap Picks: 3 Unstoppable Russell 2000 Stocks to Buy in November

Over time, small-cap stocks far outperform their larger cousins. The two-decade period between 1999 and 2020 saw the Russell 2000 small-cap index more than triple in value compared to a 120% return by the S&P 500.

12:29 10 Dec 2023 DOCN

Here's Why DigitalOcean Stock Surged Higher Today

DigitalOcean beat revenue expectations in its most recent quarter, and its free cash flow skyrocketed. The company's cash position is falling as it acquires other companies and repurchases shares.

DOCN Financial details

Company Rating
Buy
Market Cap
2.67B
Income
-21.85M
Revenue
675.01M
Book val./share
-4.09
Cash/share
4.38
Dividend
-
Dividend %
-
Employees
1.2K
Optionable
No
Shortable
Yes
Earnings
14 Feb 2024
P/E
-124.6
Forward P/E
86.25
PEG
556.72
P/S
3.96
P/B
-7.59
P/C
7.09
P/FCF
22.74
Quick Ratio
2.41
Current Ratio
2.56
Debt / Equity
-4.62
LT Debt / Equity
-4.41
-
-
EPS (TTM)
-0.21
EPS next Y
0.36
EPS next Q
0.38
EPS this Y
14.29%
EPS next Y
-275.85%
EPS next 5Y
-256.38%
EPS last 5Y
-10.16%
Revenue last 5Y
23.19%
Revenue Q/Q
4.27%
EPS Q/Q
392.17%
-
-
-
-
SMA20
30.17%
SMA50
28.15%
SMA100
-36.72%
Inst Own
33.36%
Inst Trans
0.68%
ROA
-2%
ROE
11%
ROC
0.01%
Gross Margin
60%
Oper. Margin
2%
Profit Margin
-3%
Payout
-
Shs Outstand
86.01M
Shs Float
49.67M
-
-
-
-
Target Price
53.33
52W Range
19.39-51.69
52W High
-39.12%
52W Low
+63.42%
RSI
68.44
Rel Volume
0.4
Avg Volume
1.33M
Volume
530.76K
Perf Week
1.7%
Perf Month
50.15%
Perf Quarter
-27.67%
Perf Half Y
-27.28%
-
-
-
-
Beta
1.735
-
-
Volatility
0.44%, 3.53%
Prev Close
1.44%
Price
31.05
Change
2.44%

DOCN Financial Performance

Yearly Fundamentals Overview

Last date of statement is 2022-12-31

Metric History 2018-12-312019-12-312020-12-312021-12-31 2022-12-31
2.02K2.02K2.02K2.02K2.02K
Revenue per share
2.332.923.024.65.72
Net income per share
-0.41-0.46-0.41-0.21-0.24
Operating cash flow per share
0.440.460.551.431.94
Free cash flow per share
-0.27-0.51-0.550.260.74
Cash per share
00.380.9518.388.57
Book value per share
0-0.83-0.686.20.51
Tangible book value per share
0-1.2-1.045.4-3.79
Share holders equity per share
0-0.83-0.686.20.51
Interest debt per share
02.32.616.0716.31
Market cap
3.7B3.7B4.48B7.49B2.57B
Enterprise value
03.86B4.63B7.24B4.06B
P/E ratio
-102.86-91.68-102.72-383.98-105.73
Price to sales ratio
18.2314.5314.0617.474.46
POCF ratio
97.5792.877.0156.2613.16
PFCF ratio
-158.93-83.03-77.77311.8334.26
P/B Ratio
0-51.23-62.0812.9550.26
PTB ratio
0-51.23-62.0812.9550.26
EV to sales
015.1514.5616.897.05
Enterprise value over EBITDA
0117.5899.0693.5746.9
EV to operating cash flow
096.7779.7554.3720.82
EV to free cash flow
0-86.58-80.54301.3954.22
Earnings yield
-0.01-0.01-0.010-0.01
Free cash flow yield
-0.01-0.01-0.0100.03
Debt to equity
0-2.64-3.62.5832.03
Debt to assets
00.630.60.710.9
Net debt to EBITDA
04.823.41-3.2417.26
Current ratio
00.841.7530.395.76
Interest coverage
-4.32-3.23-2.12-2.94-1.86
Income quality
-1.05-0.99-1.33-6.83-8.04
Dividend Yield
0000.20
Payout ratio
000-75.910
Sales general and administrative to revenue
0.290.280.250.240.29
Research and developement to revenue
0.220.240.240.270.25
Intangibles to total assets
00.110.090.040.24
Capex to operating cash flow
-1.61-2.12-1.99-0.82-0.62
Capex to revenue
-0.3-0.33-0.36-0.25-0.21
Capex to depreciation
-1.17-1.34-1.53-1.23-1.18
Stock based compensation to revenue
0.060.070.090.140.18
Graham number
02.942.525.41.66
ROIC
0-0.25-0.16-0.01-0.01
Return on tangible assets
0-0.15-0.11-0.01-0.02
Graham Net
0-3.72-3.552.36-8.53
Working capital
0-11.91M63.17M1.71B782.28M
Tangible asset value
0-104.79M-109.42M503.11M-381.56M
Net current asset value
0-314.14M-354.39M247.26M-818.27M
Invested capital
0-2.64-3.62.5832.03
Average receivables
0031.13M38.95M46.73M
Average payables
0019.83M12.55M16.9M
Average inventory
00000
Days sales outstanding
034.3543.8833.7434.09
Days payables outstanding
081.3131.1827.0836.41
Days of inventory on hand
00000
Receivables turnover
010.638.3210.8210.71
Payables turnover
04.4911.7113.4810.03
Inventory turnover
00000
ROE
00.560.6-0.03-0.48
Capex per share
-0.7-0.97-1.1-1.17-1.19

Quarterly Fundamentals Overview

Last date of statement is 2023-09-30 for Q3

Metric History 2022-09-302022-12-312023-03-312023-06-30 2023-09-30
2.02K2.02K2.02K2.02K2.02K
Revenue per share
1.581.691.731.912.02
Net income per share
0.1-0.1-0.370.040.22
Operating cash flow per share
0.560.680.380.720.62
Free cash flow per share
0.230.350.120.440.37
Cash per share
8.548.966.416.184.38
Book value per share
0.310.53-2.28-3.01-4.09
Tangible book value per share
-4.22-3.95-6.6110.78-9.73
Share holders equity per share
0.310.53-2.28-3.01-4.09
Interest debt per share
15.2416.9817.592.118.95
Market cap
3.49B2.46B3.74B3.57B2.11B
Enterprise value
4.94B3.95B5.4B3.64B3.69B
P/E ratio
86.47-61.03-26.79224.3627.47
Price to sales ratio
22.9615.0822.6721.0411.9
POCF ratio
64.2537.72103.3655.6838.98
PFCF ratio
155.871.95337.0290.3964.54
P/B Ratio
115.5848.1-17.2-13.35-5.87
PTB ratio
115.5848.1-17.2-13.35-5.87
EV to sales
32.4624.2532.7121.4220.82
Enterprise value over EBITDA
128.94-369.9219.18557.3453
EV to operating cash flow
90.8460.68149.1456.768.21
EV to free cash flow
220.26115.74486.2892.03112.94
Earnings yield
00-0.0100.01
Free cash flow yield
0.010.0100.010.02
Debt to equity
48.6232.03-7.71-0.69-4.62
Debt to assets
0.90.91.060.121.16
Net debt to EBITDA
37.74-139.9467.289.9622.71
Current ratio
9.195.763.758.232.56
Interest coverage
5.95-7.14-1.95-0.7115.2
Income quality
5.38-6.47-1.0496.482.82
Dividend Yield
00000
Payout ratio
00000
Sales general and administrative to revenue
0.260.310.30.290.11
Research and developement to revenue
0.20.240.230.230.18
Intangibles to total assets
0.270.240.260.20.35
Capex to operating cash flow
-0.59-0.48-0.69-0.38-0.4
Capex to revenue
-0.21-0.19-0.15-0.15-0.12
Capex to depreciation
-1.25-1.09-0.87-0.89-0.7
Stock based compensation to revenue
0.160.170.190.21-0.01
Graham number
0.861.114.331.744.49
ROIC
0.01-0.010-0.040.01
Return on tangible assets
0.01-0.01-0.0300.02
Graham Net
-7.38-8.92-12.024.71-15.45
Working capital
809.55M782.28M512.46M105.47M287.17M
Tangible asset value
-407.49M-381.56M-631.87M1.07B-852.98M
Net current asset value
-685.11M-818.27M-1.1B-7.9M-1.31B
Invested capital
48.6232.03-7.71-0.69-4.62
Average receivables
51.9M56.79M54.4M56.02M58.66M
Average payables
14.76M16.45M16.07M10.3M11.95M
Average inventory
11.49M11.49M0-45.78M-45.78M
Days sales outstanding
35.3529.7229.9630.2530.62
Days payables outstanding
19.4130.0113.7812.8218.31
Days of inventory on hand
37.9300-122.350
Receivables turnover
2.553.0332.982.94
Payables turnover
4.6436.537.024.92
Inventory turnover
2.3700-0.740
ROE
0.33-0.20.16-0.01-0.05
Capex per share
-0.33-0.32-0.26-0.28-0.24

DOCN Frequently Asked Questions

What is DigitalOcean Holdings, Inc. stock symbol ?

DigitalOcean Holdings, Inc. is a US stock , located in New york of Ny and trading under the symbol DOCN

Is DigitalOcean Holdings, Inc. buy or a sell ?

7 stock analysts have 7 predictions with a medium analyst target price of $52.71. The lowest prediction is $33 and the highest is $80

What is DOCN stock prediction ?

With a median analyst target price of $33, 1 stock analysts have made 1 forecasts in last 90 days. $33 is the lowest and $33 is the greatest projection.

What is DigitalOcean Holdings, Inc. stock quote today ?

DigitalOcean Holdings, Inc. stock price is $31.05 today.

Is DigitalOcean Holdings, Inc. stock public?

Yes, DigitalOcean Holdings, Inc. is a publicly traded company.

Something similar

Top by Market Cap
Top Correlated ETFs
Top Correlated Stocks
Similar Market Cap