DigitalOcean (DOCN) Competitors

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

Do insiders and institutionals hold more shares of DOCS or DOCN?

87.2% of Doximity shares are owned by institutional investors. Comparatively, 49.8% of DigitalOcean shares are owned by institutional investors. 37.4% of Doximity shares are owned by insiders. Comparatively, 1.0% of DigitalOcean shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock is poised for long-term growth.

Does the MarketBeat Community believe in DOCS or DOCN?

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

Does the media favor DOCS or DOCN?

In the previous week, Doximity had 36 more articles in the media than DigitalOcean. MarketBeat recorded 46 mentions for Doximity and 10 mentions for DigitalOcean. DigitalOcean's average media sentiment score of 1.31 beat Doximity's score of 0.69 indicating that DigitalOcean is being referred to more favorably in the news media.

Company	Very Positive	Positive	Neutral	Negative	Very Negative	Overall Sentiment
Doximity	19 Very Positive mention(s)	1 Positive mention(s)	11 Neutral mention(s)	3 Negative mention(s)	0 Very Negative mention(s)	Positive
DigitalOcean	7 Very Positive mention(s)	1 Positive mention(s)	1 Neutral mention(s)	1 Negative mention(s)	0 Very Negative mention(s)	Positive

Do analysts rate DOCS or DOCN?

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

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

Which has stronger earnings & valuation, DOCS or DOCN?

Doximity has higher earnings, but lower revenue 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
Doximity	$550.17M	17.85	$147.58M	$1.00	52.60
DigitalOcean	$806.59M	3.50	$19.41M	$1.11	27.97

Is DOCS or DOCN 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
Doximity	36.60%	21.75%	18.64%
DigitalOcean	10.86%	-43.11%	7.64%

Which has more risk & volatility, DOCS or DOCN?

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

Summary

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