DigitalOcean (DOCN) Competitors

$37.82
-0.95 (-2.45%)
(As of 12:21 PM ET)

DOCN vs. RUM, ZD, WB, GRND, TBLA, BMBL, MGNI, PUBM, MODN, and HUYA

Should you be buying DigitalOcean stock or one of its competitors? The main competitors of DigitalOcean include Rumble (RUM), Ziff Davis (ZD), Weibo (WB), Grindr (GRND), Taboola.com (TBLA), Bumble (BMBL), Magnite (MGNI), PubMatic (PUBM), Model N (MODN), and HUYA (HUYA). These companies are all part of the "computer and technology" sector.

DigitalOcean vs.

Rumble (NASDAQ:RUM) and DigitalOcean (NASDAQ:DOCN) are both mid-cap computer and technology companies, but which is the superior stock? We will compare the two businesses based on the strength of their community ranking, earnings, analyst recommendations, valuation, risk, media sentiment, dividends, institutional ownership and profitability.

DigitalOcean has a net margin of 7.01% compared to DigitalOcean's net margin of -143.79%. Rumble's return on equity of -26.29% beat DigitalOcean's return on equity.

Company Net Margins Return on Equity Return on Assets
Rumble-143.79% -38.52% -32.78%
DigitalOcean 7.01%-26.29%5.49%

DigitalOcean received 54 more outperform votes than Rumble when rated by MarketBeat users. Likewise, 48.25% of users gave DigitalOcean an outperform vote while only 25.00% of users gave Rumble an outperform vote.

CompanyUnderperformOutperform
RumbleOutperform Votes
1
25.00%
Underperform Votes
3
75.00%
DigitalOceanOutperform Votes
55
48.25%
Underperform Votes
59
51.75%

Rumble has a beta of 0.88, suggesting that its stock price is 12% less volatile than the S&P 500. Comparatively, DigitalOcean has a beta of 1.83, suggesting that its stock price is 83% more volatile than the S&P 500.

In the previous week, DigitalOcean had 14 more articles in the media than Rumble. MarketBeat recorded 38 mentions for DigitalOcean and 24 mentions for Rumble. Rumble's average media sentiment score of 0.54 beat DigitalOcean's score of 0.28 indicating that DigitalOcean is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Rumble
2 Very Positive mention(s)
5 Positive mention(s)
13 Neutral mention(s)
2 Negative mention(s)
0 Very Negative mention(s)
Neutral
DigitalOcean
8 Very Positive mention(s)
4 Positive mention(s)
18 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Rumble presently has a consensus price target of $0.00, suggesting a potential downside of 100.00%. DigitalOcean has a consensus price target of $37.78, suggesting a potential downside of 1.41%. Given Rumble's stronger consensus rating and higher probable upside, analysts plainly believe DigitalOcean is more favorable than Rumble.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Rumble
0 Sell rating(s)
1 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
2.00
DigitalOcean
1 Sell rating(s)
4 Hold rating(s)
5 Buy rating(s)
0 Strong Buy rating(s)
2.40

DigitalOcean has higher revenue and earnings than Rumble. Rumble is trading at a lower price-to-earnings ratio than DigitalOcean, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Rumble$80.96M34.43-$116.42M-$0.57-12.67
DigitalOcean$692.88M5.10$19.41M$0.5373.15

26.2% of Rumble shares are held by institutional investors. Comparatively, 49.8% of DigitalOcean shares are held by institutional investors. 72.9% of Rumble shares are held by insiders. Comparatively, 0.7% of DigitalOcean shares are held by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company is poised for long-term growth.

Summary

DigitalOcean beats Rumble on 16 of the 18 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding DOCN and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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DOCN vs. The Competition

MetricDigitalOceanComputer & Data IndustryComputer SectorNASDAQ Exchange
Market Cap$3.53B$74.77B$20.44B$8.00B
Dividend YieldN/A0.67%2.74%3.93%
P/E Ratio73.1562.22265.4918.76
Price / Sales5.1044.12549.6679.66
Price / Cash17.1528.9928.1031.18
Price / Book-12.354.336.774.47
Net Income$19.41M$2.47B$630.17M$217.09M
7 Day Performance19.02%2.82%1.51%1.64%
1 Month Performance16.01%8.61%4.61%5.10%
1 Year Performance19.77%18.10%33.15%11.94%

DigitalOcean Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
RUM
Rumble
0.4041 of 5 stars
$6.85
-0.4%
$12.00
+75.2%
-28.4%$2.64B$80.96M-12.02158Earnings Report
ZD
Ziff Davis
4.7056 of 5 stars
$55.39
+0.8%
$79.57
+43.7%
-9.9%$2.56B$1.36B67.554,200
WB
Weibo
2.8763 of 5 stars
$9.82
-1.4%
$11.98
+22.0%
-43.4%$2.30B$1.76B6.925,268Upcoming Earnings
News Coverage
Positive News
GRND
Grindr
1.6661 of 5 stars
$10.57
+1.1%
$13.33
+26.1%
+60.9%$1.85B$259.69M-33.03112Earnings Report
Insider Selling
TBLA
Taboola.com
3.2855 of 5 stars
$4.53
flat
$5.79
+27.8%
+36.9%$1.34B$1.44B-18.871,900
BMBL
Bumble
4.9476 of 5 stars
$10.30
-1.7%
$16.52
+60.4%
-29.0%$1.33B$1.05B-343.331,200Short Interest ↓
MGNI
Magnite
4.6659 of 5 stars
$9.42
+0.5%
$14.39
+52.7%
-15.2%$1.32B$619.71M-7.60911Analyst Forecast
Options Volume
News Coverage
Gap Up
PUBM
PubMatic
2.8997 of 5 stars
$24.02
+2.1%
$22.20
-7.6%
+56.5%$1.20B$267.01M160.14948
MODN
Model N
2.7913 of 5 stars
$29.77
+0.3%
$31.80
+6.8%
+4.0%$1.16B$249.46M-35.441,089
HUYA
HUYA
1.3153 of 5 stars
$4.67
-2.9%
$4.55
-2.6%
+62.2%$1.11B$985.13M-42.451,345Analyst Upgrade
Short Interest ↓

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This page (NASDAQ:DOCN) was last updated on 5/16/2024 by MarketBeat.com Staff

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