DigitalOcean (DOCN) Stock Price, News & Analysis

Company Overview

DigitalOcean Holdings, Inc. (NYSE:DOCN) provides cloud computing services designed primarily for developers, startups, and small and midsize businesses. Its platform offers on-demand infrastructure and software tools intended to simplify the development, deployment, and management of applications.

The company’s services include cloud compute through Droplets, managed Kubernetes, managed databases, object and block storage, networking, and the App Platform for deploying applications. DigitalOcean also provides developer tools, tutorials, support, and other resources intended to help customers build and scale digital products without managing traditional data-center infrastructure.

Founded in 2011 and headquartered in New York City, DigitalOcean serves customers internationally through cloud infrastructure and data-center regions located in North America, Europe, and Asia. The company became publicly traded on the New York Stock Exchange in 2021. Paddy Srinivasan has served as DigitalOcean’s chief executive officer since 2024.

Key Stats

• Today's Range: $139.21 to $149.78
• 50-Day Range: $105.01 to $146.50
• 52-Week Range: $37.09 to $187.50
• Volume: 1.93 million shs
• Average Volume: 2.71 million shs
• Market Capitalization: $14.58 billion
• P/E Ratio: 63.78
• Dividend Yield: N/A
• Price Target: $152.81
• Consensus Rating: Moderate Buy

DigitalOcean Stock Analysis - MarketRank™

DigitalOcean scored higher than 44% of companies evaluated by MarketBeat, and ranked 417th out of 594 stocks in the technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.2 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

DigitalOcean has received a consensus rating of Moderate Buy. The company's average rating score is 2.94, and is based on 2 strong buy ratings, 12 buy ratings, 3 hold ratings, and no sell ratings.

Upside/Downside

The consensus price target for DigitalOcean is close to its current price, suggesting limited near-term upside or downside.

Amount of Analyst Coverage

DigitalOcean has been the subject of 9 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: 4.69%

Earnings Growth

Earnings for DigitalOcean are expected to grow by 4.69% in the coming year, from $0.64 to $0.67 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of DigitalOcean is 63.78, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 44.66.

Price to Earnings Ratio vs. Sector

The P/E ratio of DigitalOcean is 63.78, which means that it is trading at a less expensive P/E ratio than the Technology sector average P/E ratio of about 81.90.

Price to Earnings Growth Ratio

DigitalOcean has a PEG Ratio of 119.10. PEG Ratios above 1 indicate that a company could be overvalued.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

8.42% of the float of DigitalOcean has been sold short.

Short Interest Ratio / Days to Cover

DigitalOcean has a short interest ratio ("days to cover") of 3.45, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in DigitalOcean has recently increased by 5.15%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

DigitalOcean does not currently pay a dividend.

Dividend Growth

DigitalOcean does not have a long track record of dividend growth.

News and Social Media

• Score: 1.3 / 5
• News Sentiment: 0.00

News Coverage This Week

MarketBeat has tracked 4 news articles for DigitalOcean this week, compared to 7 articles on an average week.

Search Interest

18 people have searched for DOCN on MarketBeat in the last 30 days. This is an increase of 13% compared to the previous 30 days.

MarketBeat Follows

10 people have added DigitalOcean to their MarketBeat watchlist in the last 30 days. This is an increase of 43% compared to the previous 30 days.

Company Ownership

• Score: 1.3 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, DigitalOcean insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $2,589,317.00 in company stock.

Percentage Held by Insiders

0.96% of the stock of DigitalOcean is held by insiders.

Percentage Held by Institutions

49.77% of the stock of DigitalOcean is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

Company Calendar

• Last Earnings: 8/04/2026
• Today: 10/04/2026
• Next Earnings (Estimated): 11/04/2026
• Fiscal Year End: 12/31/2026

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Technology
• Industry: IT Services
• Sub-Industry: Internet Services & Infrastructure
• Current Symbol: NYSE:DOCN
• Previous Symbol: NASDAQ:DOCN
• CIK: 1582961
• Web: www.digitalocean.com
• Phone: 646-827-4366
• Fax: N/A
• Employees: 1,462
• Year Founded: 2012

Price Target and Rating

• Average Price Target for DigitalOcean: $152.81
• High Price Target: $200.00
• Low Price Target: $60.00
• Potential Upside/Downside: +9.4%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.94
• Research Coverage: 17 Analysts

Profitability

• EPS (Trailing Twelve Months): $2.19
• Trailing P/E Ratio: 63.78
• Forward P/E Ratio: 218.24
• P/E Growth: 119.1
• Net Income: $259.26 million
• Net Margins: 23.26%
• Pretax Margin: 17.25%
• Return on Equity: 31.01%
• Return on Assets: 5.76%

Debt

• Debt-to-Equity Ratio: 1.14
• Current Ratio: 1.31
• Quick Ratio: 1.31

Sales & Book Value

• Annual Sales: $901.43 million
• Price / Sales: 16.17
• Cash Flow: $3.24 per share
• Price / Cash Flow: 43.11
• Book Value: ($0.31) per share
• Price / Book: -450.56

Miscellaneous

• Outstanding Shares: 104,360,000
• Free Float: 103,362,000
• Market Cap: $14.58 billion
• Optionable: Optionable
• Beta: 1.70