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 earnings, dividends, risk, institutional ownership, media sentiment, valuation, profitability, community ranking and analyst recommendations.

Which has more volatility & risk, DOCN or DOCS?

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

Does the media prefer DOCN or DOCS?

In the previous week, Doximity had 46 more articles in the media than DigitalOcean. MarketBeat recorded 58 mentions for Doximity and 12 mentions for DigitalOcean. DigitalOcean's average media sentiment score of 1.38 beat Doximity's score of 0.54 indicating that DigitalOcean is being referred to more favorably in the media.

Company	Very Positive	Positive	Neutral	Negative	Very Negative	Overall Sentiment
DigitalOcean	9 Very Positive mention(s)	1 Positive mention(s)	2 Neutral mention(s)	0 Negative mention(s)	0 Very Negative mention(s)	Positive
Doximity	21 Very Positive mention(s)	3 Positive mention(s)	14 Neutral mention(s)	7 Negative mention(s)	0 Very Negative mention(s)	Positive

Does the MarketBeat Community favor DOCN or DOCS?

Doximity received 1 more outperform votes than DigitalOcean when rated by MarketBeat users. However, 46.90% of users gave DigitalOcean an outperform vote while only 40.35% of users gave Doximity an outperform vote.

Company	Underperform	Outperform
DigitalOcean	Outperform Votes 68 46.90%	Underperform Votes 77 53.10%
Doximity	Outperform Votes 69 40.35%	Underperform Votes 102 59.65%

Which has better 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	3.41	$19.41M	$1.11	27.22
Doximity	$570.40M	17.35	$147.58M	$1.11	47.76

Do analysts prefer DOCN or DOCS?

DigitalOcean presently has a consensus target price of $39.83, suggesting a potential upside of 31.85%. Doximity has a consensus target price of $62.89, suggesting a potential upside of 18.64%. Given DigitalOcean's higher possible upside, equities 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

Do insiders & institutionals have more ownership in DOCN or DOCS?

49.8% of DigitalOcean shares are held by institutional investors. Comparatively, 87.2% of Doximity shares are held by institutional investors. 1.0% of DigitalOcean shares are held by company insiders. Comparatively, 37.4% of Doximity shares are held 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.

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 13 of the 18 factors compared between the two stocks.