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. Geographically, the company generates maximum revenue from North America and also has a presence in Europe, Asia, and the Rest of the world.
Employees: 1,210
0
Funds holding %
of 7,425 funds
0
Analysts bullish %
of 10 analysts
Fund manager confidence
Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)
85% more call options, than puts
Call options by funds: $85M | Put options by funds: $45.9M
18% more repeat investments, than reductions
Existing positions increased: 97 | Existing positions reduced: 82
2.66% more ownership
Funds ownership: 58.11% [Q3] → 60.76% (+2.66%) [Q4]
8% less first-time investments, than exits
New positions opened: 46 | Existing positions closed: 50
4% less funds holding
Funds holding: 275 [Q3] → 264 (-11) [Q4]
12% less capital invested
Capital invested by funds: $2.16B [Q3] → $1.91B (-$248M) [Q4]
50% less funds holding in top 10
Funds holding in top 10: 2 [Q3] → 1 (-1) [Q4]
Research analyst outlook
10 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$31
0%
upside
Avg. target
$43
38%
upside
High target
$55
78%
upside
10 analyst ratings
5 positive
50%
4 neutral
40%
1 negative
10%
Barclays Raimo Lenschow 40% 1-year accuracy 37 / 93 met price target | 23%upside $38 | Overweight Maintained | 21 Apr 2025 |
Morgan Stanley Josh Baer 65% 1-year accuracy 11 / 17 met price target | 33%upside $41 | Overweight Maintained | 16 Apr 2025 |
Stifel Brad Reback 34% 1-year accuracy 15 / 44 met price target | 7%upside $33 | Hold Maintained | 7 Apr 2025 |
Canaccord Genuity David Hynes 42% 1-year accuracy 46 / 110 met price target | 46%upside $45 | Buy Maintained | 7 Apr 2025 |
UBS Jeff Hickey 71% 1-year accuracy 5 / 7 met price target | 42%upside $44 | Neutral Maintained | 26 Feb 2025 |
Financial journalist opinion
Based on 9 articles about DOCN published over the past 30 days
Neutral
The Motley Fool
5 days ago
2 Top Artificial Intelligence (AI) Stocks to Buy Right Now
The broad market sell-off this year has weighed heavily on technology stocks. While the S&P 500 is down by about 11% from its peak, the tech-heavy Nasdaq Composite index is off by about 15%, and this more pronounced pullback isn't surprising considering that investors have become more risk-averse of late.
Neutral
Business Wire
6 days ago
DigitalOcean Introduces Managed Caching for Valkey
NEW YORK--(BUSINESS WIRE)--DigitalOcean Holdings, Inc. (NYSE: DOCN), the simplest scalable cloud for digital native enterprises, today announced the general availability of DigitalOcean Managed Caching for Valkey, a high-performance caching solution designed to help enhance application speed and scalability. This new offering will replace the current Managed Caching offering, and expand upon its capabilities with exciting new developer tools, including enhanced multi-threading capabilities, dua.
Neutral
Business Wire
2 weeks ago
DigitalOcean Announces Date of First Quarter 2025 Earnings Conference Call
NEW YORK--(BUSINESS WIRE)--DigitalOcean Holdings, Inc. (NYSE: DOCN), the simplest scalable cloud for digital native enterprises, announced today that it will report financial results for the first quarter ended March 31, 2025 before the market opens on Tuesday, May 6, 2025. The company will also hold a conference call on the same day at 8 a.m. ET / 5 a.m. PT to discuss its financial results and financial outlook with the investment community. Investors and analysts can pre-register for the webc.
Positive
Seeking Alpha
2 weeks ago
DigitalOcean: Don't Miss The Pivot
DigitalOcean's investment thesis hinges on a new leadership team driving product-led growth and margin acceleration, aiming for a 27% IRR by 2027. The company simplifies cloud computing for SMBs, focusing on ease of use and cost-effectiveness, avoiding direct competition with hyper-scalers. Recent strategic pivots under new CEO Paddy Srinivasan emphasize product innovation and targeting high-spend customers, leading to improved net dollar retention rates.
Positive
Seeking Alpha
2 weeks ago
DigitalOcean: Business Is Improving But Valuation Is Near All-Time Low
DigitalOcean's product innovation strategy is driving revenue growth, with new products contributing significantly to incremental revenue and improving EBIT margins without a substantial increase in R&D expenses. The new go-to-market strategy, including expanded named account coverage and dedicated pods, has significantly improved net dollar retention among high-value customers. The GenAI platform, now in public preview, shows strong early traction with real use cases, potentially enhancing retention, pricing power, and cross-selling opportunities.
Neutral
Business Wire
3 weeks ago
DigitalOcean Hosts 2025 Investor Day
NEW YORK--(BUSINESS WIRE)--DigitalOcean Holdings, Inc. (NYSE: DOCN), the simplest scalable cloud for growing tech companies, will host its Investor Day in New York on April 4, 2025. This event was first announced on Feb. 5, 2025. The live webcast will start at 9 a.m. ET, and can be found at https://investors.digitalocean.com. Presentations will be given by DigitalOcean Chief Executive Officer Paddy Srinivasan and select members of DigitalOcean's leadership team. During the event, presentations.
Neutral
The Motley Fool
3 weeks ago
1 Glorious Growth Stock Down 73% to Buy on the Dip During the Nasdaq Correction
The Nasdaq Composite index is home to almost every stock listed on the Nasdaq exchange, so it's typically a good proxy for the performance of the broader technology industry. As of this writing, it's down by 14% from its recent all-time high, which places it firmly in correction territory.
Neutral
Business Wire
4 weeks ago
DigitalOcean Kubernetes Unlocks Superior Scalability for Growing Businesses
NEW YORK--(BUSINESS WIRE)--DigitalOcean Holdings, Inc. (NYSE: DOCN), the simplest scalable cloud for growing tech companies, today announced a major evolution of its DigitalOcean Kubernetes Service (DOKS). This release provides customers effortless scaling up to 1,000 nodes for simplified growth, streamlined and secure networking for easier cloud integration, optimized network routing for faster performance & lower latency, and fully-managed networking tools that significantly reduce operat.
Neutral
Business Wire
4 weeks ago
DigitalOcean Provides Secure, High-Performance Multi-Cloud Connectivity with DigitalOcean Partner Network Connect
NEW YORK--(BUSINESS WIRE)--DigitalOcean Holdings Inc (NYSE: DOCN), the simplest scalable cloud for growing businesses, today announced the general availability of DigitalOcean Partner Network Connect, designed to be a secure, high-performance connectivity solution to simplify multi-cloud and hybrid-cloud networking. The service enables businesses to establish private, secure connections between DigitalOcean and other cloud providers or private clouds, bypassing the public internet for improved.
Negative
The Motley Fool
1 month ago
Prediction: 1 Stock That Will Be Worth More Than SoundHound AI 1 Year From Now
SoundHound AI (NASDAQ: SOUN) stock has witnessed a roller-coaster ride on the stock market in the past year. It rose remarkably after it emerged that Nvidia had a small stake in the company, before witnessing periods of volatility for much of 2024 and then closing the year on a terrific note.
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