DOCN vs. PCOR, PCTY, KVYO, TTAN, KD, AUR, ESTC, WIX, DAY, and DSGX
Should you be buying DigitalOcean stock or one of its competitors? The main competitors of DigitalOcean include Procore Technologies (PCOR), Paylocity (PCTY), Klaviyo (KVYO), ServiceTitan (TTAN), Kyndryl (KD), Aurora Innovation (AUR), Elastic (ESTC), Wix.com (WIX), Dayforce (DAY), and The Descartes Systems Group (DSGX). These companies are all part of the "computer software" industry.
DigitalOcean vs. Its Competitors
DigitalOcean (NYSE:DOCN) and Procore Technologies (NYSE:PCOR) are both computer and technology companies, but which is the superior investment? We will compare the two businesses based on the strength of their media sentiment, analyst recommendations, institutional ownership, dividends, earnings, risk, valuation and profitability.
49.8% of DigitalOcean shares are owned by institutional investors. Comparatively, 81.1% of Procore Technologies shares are owned by institutional investors. 1.0% of DigitalOcean shares are owned by insiders. Comparatively, 29.0% of Procore Technologies shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company will outperform the market over the long term.
DigitalOcean has a beta of 1.76, suggesting that its stock price is 76% more volatile than the S&P 500. Comparatively, Procore Technologies has a beta of 0.89, suggesting that its stock price is 11% less volatile than the S&P 500.
In the previous week, Procore Technologies had 5 more articles in the media than DigitalOcean. MarketBeat recorded 9 mentions for Procore Technologies and 4 mentions for DigitalOcean. Procore Technologies' average media sentiment score of 1.04 beat DigitalOcean's score of 0.26 indicating that Procore Technologies is being referred to more favorably in the news media.
DigitalOcean presently has a consensus price target of $39.83, suggesting a potential upside of 36.46%. Procore Technologies has a consensus price target of $80.83, suggesting a potential upside of 11.90%. Given DigitalOcean's higher probable upside, research analysts plainly believe DigitalOcean is more favorable than Procore Technologies.
DigitalOcean has a net margin of 13.46% compared to Procore Technologies' net margin of -10.73%. Procore Technologies' return on equity of -6.54% beat DigitalOcean's return on equity.
DigitalOcean has higher earnings, but lower revenue than Procore Technologies. Procore Technologies is trading at a lower price-to-earnings ratio than DigitalOcean, indicating that it is currently the more affordable of the two stocks.
Summary
Procore Technologies beats DigitalOcean on 10 of the 17 factors compared between the two stocks.
Get DigitalOcean News Delivered to You Automatically
Sign up to receive the latest news and ratings for DOCN and its competitors with MarketBeat's FREE daily newsletter.
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.
Media Sentiment Over Time
This chart shows the average media sentiment of NYSE 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.
DigitalOcean Competitors List
Related Companies and Tools
This page (NYSE:DOCN) was last updated on 7/6/2025 by MarketBeat.com Staff
