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DigitalOcean (DOCN) Competitors

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$29.83 -0.24 (-0.80%)
As of 06/4/2025 03:58 PM Eastern

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.

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

DigitalOcean currently has a consensus price target of $39.83, suggesting a potential upside of 33.53%. IonQ has a consensus price target of $38.33, suggesting a potential downside of 3.25%. Given DigitalOcean's higher possible upside, equities research analysts clearly believe DigitalOcean is more favorable than IonQ.

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
IonQ
0 Sell rating(s)
2 Hold rating(s)
4 Buy rating(s)
0 Strong Buy rating(s)
2.67

In the previous week, IonQ had 19 more articles in the media than DigitalOcean. MarketBeat recorded 25 mentions for IonQ and 6 mentions for DigitalOcean. DigitalOcean's average media sentiment score of 0.99 beat IonQ's score of 0.79 indicating that DigitalOcean is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
DigitalOcean
5 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
IonQ
11 Very Positive mention(s)
5 Positive mention(s)
9 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

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
DigitalOcean$806.59M3.37$19.41M$1.1126.87
IonQ$43.06M205.05-$157.77M-$1.49-26.59

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
DigitalOcean10.86% -43.11% 7.64%
IonQ -457.85%-36.82%-32.48%

DigitalOcean has a beta of 1.78, indicating that its stock price is 78% more volatile than the S&P 500. Comparatively, IonQ has a beta of 2.59, indicating that its stock price is 159% more volatile than the S&P 500.

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

49.8% of DigitalOcean shares are owned by institutional investors. Comparatively, 41.4% of IonQ shares are owned by institutional investors. 1.0% of DigitalOcean shares are owned by insiders. Comparatively, 5.2% of IonQ shares are owned by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock will outperform the market over the long term.

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$2.74B$79.49B$25.73B$19.58B
Dividend YieldN/A1.86%2.89%3.87%
P/E Ratio35.0961.0045.1735.25
Price / Sales3.37183.152,057.6441.01
Price / Cash19.6030.1934.7817.51
Price / Book-8.175.326.924.79
Net Income$19.41M$3.40B$739.31M$1.02B
7 Day Performance5.44%1.82%1.09%1.28%
1 Month Performance-8.52%3.10%7.30%4.42%
1 Year Performance-18.90%29.36%52,556.85%8.98%

DigitalOcean Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
DOCN
DigitalOcean
2.8863 of 5 stars
$29.83
-0.8%
$39.83
+33.5%
-18.9%$2.74B$806.59M35.091,200Positive News
Short Interest ↑
Gap Down
IONQ
IonQ
1.2899 of 5 stars
$45.64
-0.3%
$38.33
-16.0%
+414.2%$10.17B$43.06M-56.34100High Trading Volume
NICE
NICE
3.8404 of 5 stars
$159.94
-1.0%
$211.50
+32.2%
+3.4%$10.12B$2.78B23.667,100
PCOR
Procore Technologies
2.9283 of 5 stars
$67.30
-0.5%
$80.24
+19.2%
+3.2%$10.04B$1.19B-93.472,880Positive News
Gap Down
KVYO
Klaviyo
3.5487 of 5 stars
$33.43
-0.8%
$43.11
+28.9%
+57.2%$9.93B$1.01B-185.741,815Positive News
Analyst Upgrade
DSGX
The Descartes Systems Group
1.6778 of 5 stars
$114.95
+0.7%
$122.18
+6.3%
+28.0%$9.84B$651M72.301,860Positive News
Earnings Report
ESTC
Elastic
3.4138 of 5 stars
$92.38
-0.7%
$125.96
+36.4%
-18.4%$9.65B$1.43B167.962,980Earnings Report
Analyst Forecast
DOCS
Doximity
3.2547 of 5 stars
$51.06
-0.4%
$61.22
+19.9%
+96.8%$9.53B$570.40M51.06890Analyst Upgrade
Insider Trade
Gap Down
SAIL
Sailpoint
N/A$17.09
-0.9%
$25.97
+51.9%
N/A$9.51B$861.61M0.002,645Analyst Forecast
Gap Down
DAY
Dayforce
2.6135 of 5 stars
$57.22
-1.9%
$71.54
+25.0%
+20.4%$9.15B$1.81B520.279,084
NBIS
Nebius Group
2.0945 of 5 stars
$38.59
+2.1%
$50.67
+31.3%
N/A$9.10B$161.40M-67.7026,361Gap Down

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This page (NYSE:DOCN) was last updated on 6/5/2025 by MarketBeat.com Staff
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