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DigitalOcean (DOCN) Competitors

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$28.35 +0.43 (+1.54%)
Closing price 05/30/2025 03:59 PM Eastern
Extended Trading
$28.32 -0.03 (-0.09%)
As of 05/30/2025 07:52 PM Eastern
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DOCN vs. IONQ, NICE, PCOR, KVYO, DSGX, ESTC, DOCS, SAIL, DAY, and NBIS

Should you be buying DigitalOcean stock or one of its competitors? The main competitors of DigitalOcean include IonQ (IONQ), NICE (NICE), Procore Technologies (PCOR), Klaviyo (KVYO), The Descartes Systems Group (DSGX), Elastic (ESTC), Doximity (DOCS), Sailpoint (SAIL), Dayforce (DAY), and Nebius Group (NBIS). These companies are all part of the "computer software" industry.

DigitalOcean vs.

IonQ (NYSE:IONQ) and DigitalOcean (NYSE:DOCN) are both mid-cap computer and technology companies, but which is the better stock? We will contrast the two businesses based on the strength of their analyst recommendations, media sentiment, risk, community ranking, earnings, profitability, valuation, dividends and institutional ownership.

DigitalOcean has a net margin of 10.86% compared to IonQ's net margin of -457.85%. IonQ's return on equity of -36.82% beat DigitalOcean's return on equity.

Company Net Margins Return on Equity Return on Assets
IonQ-457.85% -36.82% -32.48%
DigitalOcean 10.86%-43.11%7.64%

IonQ currently has a consensus target price of $38.33, suggesting a potential downside of 4.97%. DigitalOcean has a consensus target price of $39.83, suggesting a potential upside of 40.51%. Given DigitalOcean's higher possible upside, analysts plainly believe DigitalOcean is more favorable than IonQ.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
IonQ
0 Sell rating(s)
2 Hold rating(s)
4 Buy rating(s)
0 Strong Buy rating(s)
2.67
DigitalOcean
1 Sell rating(s)
6 Hold rating(s)
6 Buy rating(s)
0 Strong Buy rating(s)
2.38

IonQ has a beta of 2.46, indicating that its stock price is 146% more volatile than the S&P 500. Comparatively, DigitalOcean has a beta of 1.88, indicating that its stock price is 88% more volatile than the S&P 500.

In the previous week, IonQ had 27 more articles in the media than DigitalOcean. MarketBeat recorded 32 mentions for IonQ and 5 mentions for DigitalOcean. DigitalOcean's average media sentiment score of 0.94 beat IonQ's score of 0.76 indicating that DigitalOcean is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
IonQ
15 Very Positive mention(s)
8 Positive mention(s)
8 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
DigitalOcean
3 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

41.4% of IonQ shares are held by institutional investors. Comparatively, 49.8% of DigitalOcean shares are held by institutional investors. 11.6% of IonQ shares are held by company insiders. Comparatively, 1.0% of DigitalOcean shares are held by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock is poised for long-term growth.

DigitalOcean received 41 more outperform votes than IonQ when rated by MarketBeat users. However, 56.25% of users gave IonQ an outperform vote while only 46.90% of users gave DigitalOcean an outperform vote.

CompanyUnderperformOutperform
IonQOutperform Votes
27
56.25%
Underperform Votes
21
43.75%
DigitalOceanOutperform Votes
68
46.90%
Underperform Votes
77
53.10%

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
IonQ$43.06M208.78-$157.77M-$1.49-27.07
DigitalOcean$806.59M3.20$19.41M$1.1125.54

Summary

DigitalOcean beats IonQ on 11 of the 18 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding {thisCompany.Symbol} 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 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.
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DOCN vs. The Competition

MetricDigitalOceanComputer & Data IndustryComputer SectorNYSE Exchange
Market Cap$2.54B$78.31B$25.35B$19.48B
Dividend YieldN/A1.86%2.91%3.90%
P/E Ratio33.3560.0844.7134.76
Price / Sales3.20168.502,236.8939.18
Price / Cash19.6030.1934.7917.51
Price / Book-7.775.126.794.74
Net Income$19.41M$3.40B$740.66M$1.02B
7 Day Performance1.13%1.26%0.61%1.28%
1 Month Performance-8.31%4.26%8.01%5.03%
1 Year Performance-23.46%32.35%52,238.28%5.21%

DigitalOcean Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
DOCN
DigitalOcean
2.6537 of 5 stars
$28.35
+1.5%
$39.83
+40.5%
-23.0%$2.54B$806.59M33.351,200Positive News
Short Interest ↑
Gap Down
IONQ
IonQ
1.4086 of 5 stars
$45.64
-0.3%
$38.33
-16.0%
+380.5%$10.17B$43.06M-56.34100Trending News
Options Volume
Gap Down
High Trading Volume
NICE
NICE
4.2272 of 5 stars
$159.94
-1.0%
$211.50
+32.2%
-11.6%$10.12B$2.78B23.667,100Trending News
Short Interest ↓
PCOR
Procore Technologies
2.949 of 5 stars
$67.30
-0.5%
$80.24
+19.2%
-0.1%$10.04B$1.19B-93.472,880Positive News
KVYO
Klaviyo
4.1143 of 5 stars
$33.43
-0.8%
$43.11
+28.9%
+49.8%$9.93B$1.01B-185.741,815Positive News
DSGX
The Descartes Systems Group
2.6595 of 5 stars
$114.95
+0.7%
$122.18
+6.3%
+25.9%$9.84B$651M72.301,860Positive News
Upcoming Earnings
ESTC
Elastic
3.5025 of 5 stars
$92.38
-0.7%
$125.96
+36.4%
-13.1%$9.65B$1.43B167.962,980Trending News
Earnings Report
Analyst Upgrade
Gap Down
DOCS
Doximity
3.0794 of 5 stars
$51.06
-0.4%
$61.22
+19.9%
+88.0%$9.53B$570.40M51.06890Analyst Forecast
SAIL
Sailpoint
N/A$17.09
-0.9%
$25.97
+51.9%
N/A$9.51B$861.61M0.002,645News Coverage
DAY
Dayforce
2.4246 of 5 stars
$57.22
-1.9%
$71.54
+25.0%
+17.2%$9.15B$1.81B520.279,084Positive News
NBIS
Nebius Group
2.0182 of 5 stars
$38.59
+2.1%
$50.67
+31.3%
N/A$9.10B$161.40M-67.7026,361

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This page (NYSE:DOCN) was last updated on 5/31/2025 by MarketBeat.com Staff
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