DOCN vs. RUM, WIX, WB, BMBL, BZ, DV, MGNI, MNTV, MODN, and YNDX
Should you be buying DigitalOcean stock or one of its competitors? The main competitors of DigitalOcean include Rumble (RUM), Wix.com (WIX), Weibo (WB), Bumble (BMBL), Kanzhun (BZ), DoubleVerify (DV), Magnite (MGNI), Momentive Global (MNTV), Model N (MODN), and Yandex (YNDX). These companies are all part of the "computer programming, data processing, & other computer related" industry.
DigitalOcean vs.
Rumble (NASDAQ:RUM) and DigitalOcean (NASDAQ:DOCN) are both mid-cap computer and technology companies, but which is the better business? We will compare the two companies based on the strength of their risk, valuation, institutional ownership, earnings, analyst recommendations, dividends, community ranking, profitability and media sentiment.
Rumble presently has a consensus price target of $12.00, suggesting a potential upside of 15.83%. DigitalOcean has a consensus price target of $38.67, suggesting a potential downside of 11.82%. Given Rumble's stronger consensus rating and higher probable upside, analysts plainly believe Rumble is more favorable than DigitalOcean.
52.0% of DigitalOcean shares are held by institutional investors. 72.9% of Rumble shares are held by insiders. Comparatively, 4.1% of DigitalOcean shares are held by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company will outperform the market over the long term.
Rumble has a beta of 0.71, suggesting that its share price is 29% less volatile than the S&P 500. Comparatively, DigitalOcean has a beta of 1.2, suggesting that its share price is 20% more volatile than the S&P 500.
Rumble has higher earnings, but lower revenue than DigitalOcean.
DigitalOcean received 45 more outperform votes than Rumble when rated by MarketBeat users. Likewise, 51.69% of users gave DigitalOcean an outperform vote while only 33.33% of users gave Rumble an outperform vote.
Rumble has a net margin of 0.00% compared to DigitalOcean's net margin of -6.69%. Rumble's return on equity of -6.76% beat DigitalOcean's return on equity.
In the previous week, Rumble had 17 more articles in the media than DigitalOcean. MarketBeat recorded 20 mentions for Rumble and 3 mentions for DigitalOcean. DigitalOcean's average media sentiment score of 0.95 beat Rumble's score of 0.18 indicating that DigitalOcean is being referred to more favorably in the news media.
Summary
Rumble and DigitalOcean tied by winning 8 of the 16 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.
Skip ChartMedia 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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DigitalOcean Competitors List
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