DigitalOcean (DOCN) Competitors

$32.16
-0.86 (-2.60%)
(As of 02:39 PM ET)

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

Should you be buying DigitalOcean stock or one of its competitors? The main competitors of DigitalOcean include Trump Media & Technology Group (DJT), Ziff Davis (ZD), Rumble (RUM), Weibo (WB), Grindr (GRND), Bumble (BMBL), Magnite (MGNI), Taboola.com (TBLA), Model N (MODN), and PubMatic (PUBM).

DigitalOcean vs.

Trump Media & Technology Group (NASDAQ:DJT) 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 profitability, dividends, risk, earnings, analyst recommendations, valuation, media sentiment, institutional ownership and community ranking.

DigitalOcean has higher revenue and earnings than Trump Media & Technology Group.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Trump Media & Technology Group$4.61M1,115.10-$21.89MN/AN/A
DigitalOcean$692.88M4.19$19.41M$0.013,190.19

In the previous week, Trump Media & Technology Group had 52 more articles in the media than DigitalOcean. MarketBeat recorded 55 mentions for Trump Media & Technology Group and 3 mentions for DigitalOcean. Trump Media & Technology Group's average media sentiment score of 0.87 beat DigitalOcean's score of 0.15 indicating that DigitalOcean is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Trump Media & Technology Group
16 Very Positive mention(s)
7 Positive mention(s)
10 Neutral mention(s)
20 Negative mention(s)
2 Very Negative mention(s)
Neutral
DigitalOcean
1 Very Positive mention(s)
1 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Trump Media & Technology Group has a beta of 6.31, meaning that its share price is 531% more volatile than the S&P 500. Comparatively, DigitalOcean has a beta of 1.8, meaning that its share price is 80% more volatile than the S&P 500.

DigitalOcean received 53 more outperform votes than Trump Media & Technology Group when rated by MarketBeat users.

CompanyUnderperformOutperform
Trump Media & Technology GroupN/AN/A
DigitalOceanOutperform Votes
53
47.75%
Underperform Votes
58
52.25%

DigitalOcean has a consensus price target of $36.78, indicating a potential upside of 15.51%. Given Trump Media & Technology Group's higher probable upside, analysts clearly believe DigitalOcean is more favorable than Trump Media & Technology Group.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Trump Media & Technology Group
0 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
N/A
DigitalOcean
1 Sell rating(s)
3 Hold rating(s)
6 Buy rating(s)
0 Strong Buy rating(s)
2.50

4.3% of Trump Media & Technology Group shares are owned by institutional investors. Comparatively, 49.8% of DigitalOcean shares are owned by institutional investors. 14.8% of Trump Media & Technology Group shares are owned by insiders. Comparatively, 4.5% of DigitalOcean shares are owned by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company is poised for long-term growth.

DigitalOcean has a net margin of 0.12% compared to DigitalOcean's net margin of 0.00%. DigitalOcean's return on equity of 0.00% beat Trump Media & Technology Group's return on equity.

Company Net Margins Return on Equity Return on Assets
Trump Media & Technology GroupN/A N/A -7.10%
DigitalOcean 0.12%-19.85%3.80%

Summary

DigitalOcean beats Trump Media & Technology Group on 9 of the 14 factors compared between the two stocks.

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$2.91B$68.37B$18.99B$7.39B
Dividend YieldN/A0.68%2.75%3.94%
P/E Ratio3,190.1982.08238.4917.05
Price / Sales4.1964.30538.5482.55
Price / Cash14.8927.6127.6635.26
Price / Book-8.733.886.574.23
Net Income$19.41M$2.51B$634.83M$213.90M
7 Day Performance-3.22%-0.46%0.80%0.54%
1 Month Performance-17.73%-6.86%-3.32%-4.61%
1 Year Performance1.98%9.96%15.89%7.01%

DigitalOcean Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
DJT
Trump Media & Technology Group
0 of 5 stars
$22.84
-14.2%
N/AN/A$3.12BN/A0.00N/AGap Up
ZD
Ziff Davis
4.7434 of 5 stars
$51.05
-3.8%
$81.17
+59.0%
-29.7%$2.35B$1.36B62.264,200
RUM
Rumble
1.6175 of 5 stars
$6.05
-0.8%
$12.00
+98.3%
-28.9%$2.34B$80.96M-10.6170Short Interest ↓
WB
Weibo
4.1094 of 5 stars
$7.70
+0.3%
$11.98
+55.6%
-47.8%$1.80B$1.76B5.425,935Gap Down
GRND
Grindr
2.8691 of 5 stars
$9.92
-1.1%
$13.33
+34.4%
+51.0%$1.74B$259.69M-31.00112Analyst Report
BMBL
Bumble
4.0412 of 5 stars
$10.04
-0.8%
$17.13
+70.6%
-40.7%$1.30B$1.05B-334.671,200Upcoming Earnings
MGNI
Magnite
4.3426 of 5 stars
$8.69
-1.5%
$14.78
+70.1%
+2.2%$1.18B$619.71M-7.01911Gap Down
TBLA
Taboola.com
3.7196 of 5 stars
$3.94
-0.5%
$5.94
+50.8%
+76.7%$1.16B$1.44B-16.421,900Analyst Report
News Coverage
MODN
Model N
2.7559 of 5 stars
$29.66
+0.0%
$31.80
+7.2%
-11.8%$1.16B$249.46M-35.311,089Analyst Report
High Trading Volume
PUBM
PubMatic
1.7486 of 5 stars
$21.73
+0.3%
$22.20
+2.2%
+70.4%$1.09B$267.01M144.88948Short Interest ↑
Analyst Revision
Gap Down

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This page (NASDAQ:DOCN) was last updated on 4/25/2024 by MarketBeat.com Staff

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