DigitalOcean (DOCN) Competitors

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

Do insiders & institutionals believe in DOCN or DOCS?

49.8% of DigitalOcean shares are owned by institutional investors. Comparatively, 87.2% of Doximity shares are owned by institutional investors. 1.0% of DigitalOcean shares are owned by company insiders. Comparatively, 37.4% of Doximity shares are owned by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock will outperform the market over the long term.

Which has more volatility and risk, DOCN or DOCS?

DigitalOcean has a beta of 1.88, meaning that its stock price is 88% more volatile than the S&P 500. Comparatively, Doximity has a beta of 1.41, meaning that its stock price is 41% more volatile than the S&P 500.

Does the MarketBeat Community prefer DOCN or DOCS?

DigitalOcean and Doximity both received 68 outperform votes by MarketBeat users. However, 46.90% of users gave DigitalOcean an outperform vote while only 40.00% of users gave Doximity an outperform vote.

Company	Underperform	Outperform
DigitalOcean	Outperform Votes 68 46.90%	Underperform Votes 77 53.10%
Doximity	Outperform Votes 68 40.00%	Underperform Votes 102 60.00%

Does the media favor DOCN or DOCS?

In the previous week, Doximity had 35 more articles in the media than DigitalOcean. MarketBeat recorded 44 mentions for Doximity and 9 mentions for DigitalOcean. DigitalOcean's average media sentiment score of 1.24 beat Doximity's score of 0.85 indicating that DigitalOcean is being referred to more favorably in the media.

Company	Very Positive	Positive	Neutral	Negative	Very Negative	Overall Sentiment
DigitalOcean	7 Very Positive mention(s)	1 Positive mention(s)	0 Neutral mention(s)	1 Negative mention(s)	0 Very Negative mention(s)	Positive
Doximity	18 Very Positive mention(s)	1 Positive mention(s)	10 Neutral mention(s)	3 Negative mention(s)	0 Very Negative mention(s)	Positive

Do analysts recommend DOCN or DOCS?

DigitalOcean currently has a consensus price target of $39.83, indicating a potential upside of 28.28%. Doximity has a consensus price target of $61.78, indicating a potential upside of 17.45%. Given DigitalOcean's higher possible upside, analysts clearly believe DigitalOcean is more favorable than Doximity.

Company	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
DigitalOcean	1 Sell rating(s)	6 Hold rating(s)	6 Buy rating(s)	0 Strong Buy rating(s)	2.38
Doximity	0 Sell rating(s)	11 Hold rating(s)	8 Buy rating(s)	2 Strong Buy rating(s)	2.57

Which has higher valuation & earnings, DOCN or DOCS?

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

Company	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
DigitalOcean	$806.59M	3.50	$19.41M	$1.11	27.97
Doximity	$550.17M	17.85	$147.58M	$1.00	52.60

Is DOCN or DOCS more profitable?

Doximity has a net margin of 36.60% compared to DigitalOcean's net margin of 10.86%. Doximity's return on equity of 21.75% beat DigitalOcean's return on equity.

Company	Net Margins	Return on Equity	Return on Assets
DigitalOcean	10.86%	-43.11%	7.64%
Doximity	36.60%	21.75%	18.64%

Summary

Doximity beats DigitalOcean on 12 of the 18 factors compared between the two stocks.