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DigitalOcean (DOCN) Stock Price, News & Analysis

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$124.98 -0.27 (-0.21%)
As of 09:33 AM Eastern
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About DigitalOcean Stock (NYSE:DOCN)

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Key Stats

Today's Range
$124.63
$124.63
50-Day Range
$106.40
$180.88
52-Week Range
$29.62
$187.50
Volume
11,957 shs
Average Volume
3.77 million shs
Market Capitalization
$13.04 billion
P/E Ratio
56.45
Dividend Yield
N/A
Price Target
$151.33
Consensus Rating
Buy

Company Overview

DigitalOcean Holdings, Inc. is a cloud infrastructure provider that focuses on simplicity, performance and developer experience. The company offers a range of cloud services designed to help software developers, startups and small- to medium-sized businesses deploy, manage and scale applications. Its flagship offering, Droplets, provides virtual private servers that can be configured with various CPU, memory and storage options. In addition to compute instances, DigitalOcean’s platform includes managed Kubernetes, scalable object and block storage, managed databases, load balancers and networking capabilities such as Virtual Private Cloud (VPC) and Floating IPs.

Founded in 2011 and headquartered in New York City, DigitalOcean was created with the goal of making cloud computing more accessible to individual developers and smaller teams. The company was co-founded by Ben Uretsky, Moisey Uretsky, Mitch Wainer and Jeff Carr, who combined their experience in web hosting and software development to build a streamlined cloud platform. In July 2021, DigitalOcean appointed Yancey Spruill as Chief Executive Officer, bringing extensive experience in managing technology and financial operations at various cloud and software companies.

DigitalOcean serves customers across North America, Europe, Asia-Pacific and other regions through a global network of data centers located in key markets such as New York, San Francisco, London, Amsterdam, Singapore and Bangalore. Its platform is particularly popular among developers, independent software vendors and small enterprises that require predictable pricing, easy-to-use interfaces and a strong community of tutorials and documentation. By focusing on customer support and a developer-centric approach, the company aims to differentiate itself from larger hyperscale cloud providers while continuing to expand its product portfolio and geographic reach.

AI Generated. May Contain Errors.

DigitalOcean Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
95th Percentile Overall Score

DOCN MarketRank™: 

DigitalOcean scored higher than 95% of companies evaluated by MarketBeat, and ranked 63rd out of 605 stocks in the technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    DigitalOcean has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 strong buy ratings, 12 buy ratings, 2 hold ratings, and no sell ratings.

  • Upside Potential

    DigitalOcean has a consensus price target of $151.33, representing about 21.0% upside from its current price of $125.09.

  • Amount of Analyst Coverage

    DigitalOcean has been the subject of 9 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

  • Read more about DigitalOcean's stock forecast and price target.
  • Earnings Growth

    Earnings for DigitalOcean are expected to grow by 22.22% in the coming year, from $0.63 to $0.77 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of DigitalOcean is 57.12, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 39.57.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of DigitalOcean is 57.12, which means that it is trading at a less expensive P/E ratio than the Technology sector average P/E ratio of about 73.79.

  • Price to Earnings Growth Ratio

    DigitalOcean has a PEG Ratio of 111.22. PEG Ratios above 1 indicate that a company could be overvalued.

  • Read more about DigitalOcean's valuation and earnings.
  • Percentage of Shares Shorted

    8.37% of the float of DigitalOcean has been sold short.
  • Short Interest Ratio / Days to Cover

    DigitalOcean has a short interest ratio ("days to cover") of 2.35, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in DigitalOcean has recently decreased by 25.18%, indicating that investor sentiment is improving significantly.
  • Dividend Yield

    DigitalOcean does not currently pay a dividend.

  • Dividend Growth

    DigitalOcean does not have a long track record of dividend growth.

  • News Sentiment

    DigitalOcean has a news sentiment score of 1.09. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.70 average news sentiment score of Technology companies.
  • News Coverage This Week

    MarketBeat has tracked 14 news articles for DigitalOcean this week, compared to 7 articles on an average week.
  • Search Interest

    22 people have searched for DOCN on MarketBeat in the last 30 days. This is an increase of 22% compared to the previous 30 days.
  • MarketBeat Follows

    10 people have added DigitalOcean to their MarketBeat watchlist in the last 30 days. This is an increase of 150% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, DigitalOcean insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $2,811,383.00 in company stock.

  • Percentage Held by Insiders

    0.96% of the stock of DigitalOcean is held by insiders.

  • Percentage Held by Institutions

    49.77% of the stock of DigitalOcean is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about DigitalOcean's insider trading history.
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DOCN Stock News Headlines

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See More Headlines

DOCN Stock Analysis - Frequently Asked Questions

DigitalOcean's stock was trading at $48.12 at the beginning of 2026. Since then, DOCN shares have increased by 159.9% and is now trading at $125.0850.

DigitalOcean Holdings, Inc. (NYSE:DOCN) posted its earnings results on Tuesday, August, 4th. The company reported $0.45 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.26 by $0.19. The firm's revenue was up 28.6% on a year-over-year basis.
Read the conference call transcript
.

DigitalOcean (DOCN) raised $751 million in an initial public offering on Wednesday, March 24th 2021. The company issued 16,500,000 shares at a price of $44.00-$47.00 per share. Morgan Stanley, Goldman Sachs, J.P. Morgan, BofA Securities, Barclays, Keybanc Capital Markets, Canaccord Genuity, JMP Securities and Stifel served as the underwriters for the IPO.

Top institutional investors of DigitalOcean include Bank of America Corp DE (1.48%), Bank of New York Mellon Corp (0.60%), Peregrine Capital Management LLC (0.12%) and Corient Private Wealth LP (0.10%). Insiders that own company stock include Yancey L Spruill, Matt Steinfort, Bratin Saha, Megan Wood, Jeffrey Scott Guy, Warren J Adelman, Cherie Barrett, Amy Butte, Hilary Schneider and Warren Jenson.
View institutional ownership trends
.

Shares of DOCN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

Based on aggregate information from My MarketBeat watchlists, some other companies that DigitalOcean investors own include Humana (HUM), American Water Works (AWK), Voyager Therapeutics (VYGR), Waste Connections (WCN), The RMR Group (RMR), DiamondRock Hospitality (DRH) and iShares Micro-Cap ETF (IWC).

Company Calendar

Last Earnings
8/04/2026
Today
8/19/2026
Next Earnings (Estimated)
11/04/2026
Fiscal Year End
12/31/2026

Industry, Sector and Symbol

Stock Exchange
NYSE
Industry
IT Services
Sub-Industry
Internet Services & Infrastructure
Current Symbol
NYSE:DOCN
Previous Symbol
NASDAQ:DOCN
CIK
1582961
Fax
N/A
Employees
1,462
Year Founded
2012

Price Target and Rating

High Price Target
$200.00
Low Price Target
$60.00
Potential Upside/Downside
+21.0%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
16 Analysts

Profitability

EPS (Trailing Twelve Months)
$2.19
Trailing P/E Ratio
57.12
Forward P/E Ratio
198.55
P/E Growth
111.22
Net Income
$259.26 million
Net Margins
23.26%
Pretax Margin
17.25%
Return on Equity
31.01%
Return on Assets
5.76%

Debt

Debt-to-Equity Ratio
1.14
Current Ratio
1.31
Quick Ratio
1.31

Sales & Book Value

Annual Sales
$901.43 million
Price / Sales
14.48
Cash Flow
$3.13 per share
Price / Cash Flow
39.99
Book Value
($0.31) per share
Price / Book
-403.50

Miscellaneous

Outstanding Shares
104,360,000
Free Float
103,362,000
Market Cap
$13.05 billion
Optionable
Optionable
Beta
1.61

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This page (NYSE:DOCN) was last updated on 8/19/2026 by MarketBeat.com Staff.
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