DigitalOceanDOCN
DOCN
About: DigitalOcean Holdings Inc is a cloud computing platform offering on-demand infrastructure and platform tools for developers, start-ups and small and medium-sized businesses. The customers use the platform for a wide range of cases, such as web and mobile applications, website hosting, e-commerce, media and gaming, personal web projects, and managed services, among many others. The group has a business presence in North America, Europe, Asia and Other countries.
Employees: 1,156
0
Funds holding %
of 7,139 funds
0
Analysts bullish %
of 5 analysts
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
85% more call options, than puts
Call options by funds: $85M | Put options by funds: $45.9M
17% more repeat investments, than reductions
Existing positions increased: 96 | Existing positions reduced: 82
1.43% more ownership
Funds ownership: 59.38% [Q3] → 60.8% (+1.43%) [Q4]
6% less first-time investments, than exits
New positions opened: 46 | Existing positions closed: 49
4% less funds holding
Funds holding: 275 [Q3] → 263 (-12) [Q4]
13% less capital invested
Capital invested by funds: $2.21B [Q3] → $1.91B (-$294M) [Q4]
50% less funds holding in top 10
Funds holding in top 10: 2 [Q3] → 1 (-1) [Q4]
Research analyst outlook
5 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$39
1%
downside
Avg. target
$44
12%
upside
High target
$55
40%
upside
5 analyst ratings
3 positive
60%
2 neutral
40%
0 negative
0%
JMP Securities Patrick Walravens 67% 1-year accuracy 73 / 109 met price target | 40%upside $55 | Market Outperform Maintained | 27 Jan 2025 |
Citigroup Mark Zhang 100% 1-year accuracy 1 / 1 met price target | 15%upside $45 | Buy Initiated | 24 Jan 2025 |
Cantor Fitzgerald Thomas Blakey 69% 1-year accuracy 18 / 26 met price target | 1%downside $39 | Neutral Initiated | 16 Jan 2025 |
Morgan Stanley Josh Baer 53% 1-year accuracy 8 / 15 met price target | 4%upside $41 | Overweight Upgraded | 16 Jan 2025 |
Stifel Brad Reback 66% 1-year accuracy 33 / 50 met price target | 2%upside $40 | Hold Maintained | 18 Dec 2024 |
Financial journalist opinion
Based on 8 articles about DOCN published over the past 30 days
Neutral
Zacks Investment Research
1 day ago
Countdown to DigitalOcean (DOCN) Q4 Earnings: A Look at Estimates Beyond Revenue and EPS
Evaluate the expected performance of DigitalOcean (DOCN) for the quarter ended December 2024, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.
Positive
Zacks Investment Research
2 weeks ago
DigitalOcean (DOCN) Surges 5.2%: Is This an Indication of Further Gains?
DigitalOcean (DOCN) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.
Neutral
Business Wire
2 weeks ago
DigitalOcean Announces 2025 Investor Day
NEW YORK--(BUSINESS WIRE)--DigitalOcean Holdings, Inc. (NYSE: DOCN), the simplest scalable cloud for growing tech companies, announced today that it will host an Investor Day in New York on April 4, 2025. Presentations will be given by DigitalOcean Chief Executive Officer Paddy Srinivasan and select members of DigitalOcean's management team. Attendance in person is by invitation only. For in person attendance requests, please contact investors@digitalocean.com for more information as space is l.
Positive
The Motley Fool
3 weeks ago
Is DigitalOcean an Undervalued Growth Stock?
DigitalOcean (DOCN -0.26%) generates excellent growth in cash flow, but that does not make it an undervalued investment by itself.
Neutral
Business Wire
3 weeks ago
DigitalOcean Announces Date of Fourth Quarter 2024 Earnings Conference Call
NEW YORK--(BUSINESS WIRE)--DigitalOcean Holdings, Inc. (NYSE: DOCN), the simplest scalable cloud for growing tech companies, announced today that it will report financial results for the fourth quarter and fiscal year ended December 31, 2024 before the market opens on Tuesday, February 25, 2025. The company will also hold a conference call on the same day at 8:00 a.m. (ET) / 5:00 a.m. (PT) to discuss its financial results and financial outlook with the investment community. Investors and analys.
Neutral
The Motley Fool
3 weeks ago
2 Top Growth Stocks That Could Easily Double
Even the best growth companies go through rough patches. For DigitalOcean (DOCN 3.74%) and PubMatic (PUBM -1.06%), sluggish revenue growth has been a problem in recent years.
Positive
The Motley Fool
4 weeks ago
1 Growth Stock Down 71% You'll Wish You'd Bought on the Dip in 2025
DigitalOcean (DOCN 1.20%) has long provided cloud services to small and mid-sized businesses (SMBs). Now, it's also bringing a suite of artificial intelligence (AI) offerings to those customers, providing them with affordable access to this revolutionary technology.
Positive
MarketBeat
4 weeks ago
DigitalOcean's AI Potential: A Game-Changer for Growth
DigitalOcean's NYSE: DOCN stock price has suffered for years as competition cut into its growth outlook, but the times are changing. Analysts at Morgan Stanley highlighted the deep-value opportunity when firm analysts upgraded the stock to Overweight.
Neutral
Business Wire
1 month ago
New AI-powered diagnostic solution from Cloudways helps resolve website issues up to 4x faster, today launches for Public Preview
NEW YORK--(BUSINESS WIRE)--Cloudways, part of DigitalOcean Holdings, Inc. (NYSE: DOCN), the simplest scalable cloud for growing tech companies, today announces the launch of Cloudways Copilot, a suite of AI solutions designed to bring intelligent managed hosting to small and medium sized businesses (SMBs), starting with AI-powered issue diagnostics (Public Preview). Research indicates that a website that loads in one second or less can achieve a conversion rate three times higher than a website.
Neutral
Business Wire
1 month ago
DigitalOcean Announces New Benefits for Hatch Startup Program
AUSTIN, Texas--(BUSINESS WIRE)--DigitalOcean Holdings, Inc. (NYSE: DOCN), the simplest scalable cloud for growing tech companies, today announced significant new benefits for select startups participating in Hatch, the company's program that provides startups with the resources and support they need to make their vision a reality. “DigitalOcean's Hatch program has a successful track record of helping startup businesses scale their operations with the support and cloud infrastructure they need t.
Charts implemented using Lightweight Charts™