33.51

3.30% +1.07

After Hours: 34.0841 0.5741 +1.71%

DigitalOcean Holdings Inc (DOCN)

Overview News Price History Option Chain Why DOCN Down? Discussions Forecast

DigitalOcean Holdings Inc stock is currently priced at $33.51, with a 24-hour trading volume of 804.58K. It has seen a +3.30% increased in the last 24 hours and a -13.79% declined in the past month. The chart indicates a potential bullish trend, as the stock is above the $32.10 pivot point. If it approaches the $33.82 resistance level, significant changes may occur.

Previous Close:

$32.44

Open:

$32.86

24h Volume:

804.58K

Market Cap:

$3.06B

Revenue:

$692.88M

Net Income/Loss:

$19.41M

P/E Ratio:

-558.50

EPS:

-0.06

Net Cash Flow:

$110.13M

1W Performance:

+3.33%

1M Performance:

-13.79%

6M Performance:

+62.04%

1Y Performance:

+4.82%

1D Range:

$32.58

$33.82

52W Range:

$19.39

$51.69

DigitalOcean Holdings Inc Stock (DOCN) Company Profile

Name

DigitalOcean Holdings Inc

Sector

Technology (769)

Industry

Software - Infrastructure (159)

Phone

646-827-4366

Address

101 6th Avenue, New York

Employee

581

Twitter

Next Earnings Date

2024-05-10

Latest SEC Filings

DOCN's Discussions on Twitter

DigitalOcean Holdings Inc Stock (DOCN) Upgrades & Downgrades

Date	Action	Analyst	Rating Change
Nov-21-23	Upgrade	Oppenheimer	Perform → Outperform
Nov-07-23	Upgrade	Goldman	Sell → Buy
Oct-23-23	Upgrade	Piper Sandler	Underweight → Neutral
Sep-08-23	Downgrade	BofA Securities	Buy → Underperform
Aug-11-23	Upgrade	Morgan Stanley	Underweight → Equal-Weight
Jun-22-23	Downgrade	Piper Sandler	Neutral → Underweight
Apr-25-23	Downgrade	Needham	Buy → Hold
Mar-17-23	Downgrade	Oppenheimer	Outperform → Perform
Jan-17-23	Downgrade	Piper Sandler	Overweight → Neutral
Dec-08-22	Initiated	Needham	Buy
Nov-22-22	Initiated	Credit Suisse	Neutral
Nov-08-22	Downgrade	JP Morgan	Overweight → Neutral
Oct-31-22	Downgrade	KeyBanc Capital Markets	Overweight → Sector Weight
Oct-28-22	Downgrade	KeyBanc Capital Markets	Overweight → Sector Weight
Oct-10-22	Resumed	Canaccord Genuity	Buy
Jul-13-22	Downgrade	Goldman	Buy → Sell
Jul-11-22	Downgrade	Morgan Stanley	Equal-Weight → Underweight
May-12-22	Initiated	Goldman	Buy
Apr-04-22	Initiated	Piper Sandler	Overweight
Nov-12-21	Initiated	William Blair	Outperform
Aug-06-21	Reiterated	Barclays	Overweight
Aug-06-21	Reiterated	BofA Securities	Buy
Aug-06-21	Reiterated	Canaccord Genuity	Buy
Aug-06-21	Reiterated	KeyBanc Capital Markets	Overweight
Aug-06-21	Reiterated	Morgan Stanley	Equal-Weight
Apr-19-21	Initiated	Barclays	Overweight
Apr-19-21	Initiated	BofA Securities	Buy
Apr-19-21	Initiated	Canaccord Genuity	Buy
Apr-19-21	Initiated	Goldman	Buy
Apr-19-21	Initiated	JMP Securities	Mkt Outperform
Apr-19-21	Initiated	JP Morgan	Overweight
Apr-19-21	Initiated	KeyBanc Capital Markets	Overweight
Apr-19-21	Initiated	Morgan Stanley	Equal-Weight
Apr-19-21	Initiated	Stifel	Hold
Apr-15-21	Initiated	Oppenheimer	Outperform

View All

DigitalOcean Holdings Inc Stock (DOCN) Latest News

DigitalOcean Holdings Inc Stock (DOCN) Financials Data

DigitalOcean Holdings Inc (DOCN) Revenue 2024

DOCN reported a revenue (TTM) of $692.88 million for the quarter ending December 31, 2023, a +20.23% rise year-over-year.

DigitalOcean Holdings Inc (DOCN) Net Income 2024

DOCN net income (TTM) was $19.41 million for the quarter ending December 31, 2023, a +169.81% increase year-over-year.

DigitalOcean Holdings Inc (DOCN) Cash Flow 2024

DOCN recorded a free cash flow (TTM) of $110.13 million for the quarter ending December 31, 2023, a +46.97% increase year-over-year.

DigitalOcean Holdings Inc (DOCN) Earnings per Share 2024

DOCN earnings per share (TTM) was $0.21 for the quarter ending December 31, 2023, a +180.77% growth year-over-year.

DigitalOcean Holdings, Inc. operates a cloud computing platform that offers infrastructure and platform tools for developers, start-ups, and small and medium-sized businesses in North America, Europe, Asia, and internationally. It offers infrastructure solutions across compute, storage, and networking fields, as well as managed application, container, and database offerings to developers. The company's users include software engineers, researchers, data scientists, system administrators, students, and hobbyists. Its customers use its platform in various industry verticals and for a range of use cases, such as web and mobile applications, website hosting, e-commerce, media and gaming, personal web projects, managed services, and others. The company was incorporated in 2012 and is headquartered in New York, New York.