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Technology - Software - Infrastructure - NYSE - US
$ 36.13
2.44 %
$ 3.33 B
Market Cap
42.01
P/E
1. INTRINSIC VALUE

This DCF valuation model was last updated on Jan, 18, 2025.

The intrinsic value of one DOCN stock under the worst case scenario is HIDDEN Compared to the current market price of 36.1 USD, DigitalOcean Holdings, Inc. is HIDDEN

This DCF valuation model was last updated on Jan, 18, 2025.

The intrinsic value of one DOCN stock under the base case scenario is HIDDEN Compared to the current market price of 36.1 USD, DigitalOcean Holdings, Inc. is HIDDEN

This DCF valuation model was last updated on Jan, 18, 2025.

The intrinsic value of one DOCN stock under the best case scenario is HIDDEN Compared to the current market price of 36.1 USD, DigitalOcean Holdings, Inc. is HIDDEN

2. FUNDAMENTAL ANALYSIS
FINANCIALS
693 M REVENUE
20.23%
11.9 M OPERATING INCOME
176.24%
19.4 M NET INCOME
179.93%
235 M OPERATING CASH FLOW
20.39%
401 M INVESTING CASH FLOW
134.94%
-469 M FINANCING CASH FLOW
23.18%
198 M REVENUE
3.12%
24.6 M OPERATING INCOME
10.30%
32.9 M NET INCOME
72.17%
73.4 M OPERATING CASH FLOW
2.82%
-59.8 M INVESTING CASH FLOW
-73.95%
-16.8 M FINANCING CASH FLOW
-29.98%
Balance Sheet DigitalOcean Holdings, Inc.
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Current Assets 503 M
Cash & Short-Term Investments 412 M
Receivables 62.2 M
Other Current Assets 29 M
Non-Current Assets 958 M
Long-Term Investments 0
PP&E 461 M
Other Non-Current Assets 497 M
Current Liabilities 193 M
Accounts Payable 3.96 M
Short-Term Debt 86.5 M
Other Current Liabilities 102 M
Non-Current Liabilities 1.58 B
Long-Term Debt 1.57 B
Other Non-Current Liabilities 13.1 M
EFFICIENCY
Earnings Waterfall DigitalOcean Holdings, Inc.
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Revenue 693 M
Cost Of Revenue 284 M
Gross Profit 409 M
Operating Expenses 397 M
Operating Income 11.9 M
Other Expenses -7.51 M
Net Income 19.4 M
RATIOS
59.02% GROSS MARGIN
59.02%
1.72% OPERATING MARGIN
1.72%
2.80% NET MARGIN
2.80%
-6.19% ROE
-6.19%
1.33% ROA
1.33%
0.74% ROIC
0.74%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis DigitalOcean Holdings, Inc.
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Net Income 19.4 M
Depreciation & Amortization 118 M
Capital Expenditures -125 M
Stock-Based Compensation 88.3 M
Change in Working Capital -22.4 M
Others 53.5 M
Free Cash Flow 110 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets DigitalOcean Holdings, Inc.
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Wall Street analysts predict an average 1-year price target for DOCN of $38.7 , with forecasts ranging from a low of $34 to a high of $42 .
DOCN Lowest Price Target Wall Street Target
34 USD -5.90%
DOCN Average Price Target Wall Street Target
38.7 USD 7.02%
DOCN Highest Price Target Wall Street Target
42 USD 16.25%
4. DIVIDEND ANALYSIS
5. COMPETITION
6. Ownership
Insider Ownership DigitalOcean Holdings, Inc.
image
Sold
0-3 MONTHS
1.38 M USD 2
3-6 MONTHS
500 K USD 1
6-9 MONTHS
196 K USD 1
9-12 MONTHS
138 K USD 1
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
Date Value Insider Amount Avg Price
1 month ago
Dec 18, 2024
Sell 132 K USD
Saha Bratin
Chief Product & Tech Officer
- 3468
38.18 USD
1 month ago
Dec 04, 2024
Sell 500 K USD
Steinfort Matt
Chief Financial Officer
- 12498
40 USD
2 months ago
Nov 18, 2024
Sell 626 K USD
Saha Bratin
Chief Product & Tech Officer
- 16989
36.85 USD
1 month ago
Nov 19, 2024
Sell 125 K USD
Saha Bratin
Chief Product & Tech Officer
- 3468
35.98 USD
4 months ago
Sep 11, 2024
Sell 500 K USD
Steinfort Matt
Chief Financial Officer
- 12498
40 USD
7 months ago
Jun 07, 2024
Sell 196 K USD
Butte Amy
Director
- 5220
37.46 USD
10 months ago
Feb 26, 2024
Sell 138 K USD
Butte Amy
Director
- 3760
36.8 USD
1 year ago
Nov 22, 2023
Sell 8.83 M USD
Spruill Yancey L.
Chief Executive Officer
- 309700
28.52 USD
1 year ago
Nov 21, 2023
Sell 4.32 M USD
Spruill Yancey L.
Chief Executive Officer
- 149704
28.89 USD
1 year ago
Nov 20, 2023
Sell 13 M USD
Spruill Yancey L.
Chief Executive Officer
- 451885
28.76 USD
1 year ago
Nov 17, 2023
Sell 1.44 M USD
Guy Jeffrey Scott
Chief Operating Officer
- 50000
28.73 USD
1 year ago
Nov 17, 2023
Sell 432 K USD
Wood Megan
Chief Stgy and Prdct Officer
- 15000
28.77 USD
1 year ago
Nov 15, 2023
Sell 14.9 M USD
Spruill Yancey L.
Chief Executive Officer
- 546499
27.22 USD
1 year ago
Nov 14, 2023
Sell 2.49 M USD
Spruill Yancey L.
Chief Executive Officer
- 93359
26.63 USD
1 year ago
Nov 14, 2023
Sell 2.87 M USD
Spruill Yancey L.
Chief Executive Officer
- 106886
26.83 USD
1 year ago
Nov 10, 2023
Sell 463 K USD
Guy Jeffrey Scott
Chief Operating Officer
- 18681
24.77 USD
1 year ago
Nov 07, 2023
Sell 516 K USD
Wood Megan
Chief Stgy and Prdct Officer
- 20000
25.79 USD
1 year ago
Sep 07, 2023
Bought 103 K USD
JENSON WARREN
Director
+ 4000
25.74 USD
1 year ago
Sep 07, 2023
Sell 519 K USD
Guy Jeffrey Scott
Chief Operating Officer
- 20584
25.21 USD
1 year ago
Aug 21, 2023
Sell 324 K USD
Guy Jeffrey Scott
Chief Operating Officer
- 10000
32.41 USD
1 year ago
Aug 14, 2023
Sell 213 K USD
Guy Jeffrey Scott
Chief Operating Officer
- 6000
35.51 USD
1 year ago
Jul 10, 2023
Sell 277 K USD
Guy Jeffrey Scott
Chief Operating Officer
- 6000
46.09 USD
1 year ago
Jun 12, 2023
Sell 265 K USD
Guy Jeffrey Scott
Chief Operating Officer
- 5986
44.3 USD
1 year ago
Jun 06, 2023
Sell 450 K USD
Norman Harold Matthew
Chief People Officer
- 10000
45 USD
1 year ago
Jun 02, 2023
Sell 127 K USD
Norman Harold Matthew
Chief People Officer
- 3145
40.54 USD
1 year ago
May 18, 2023
Sell 205 K USD
Guy Jeffrey Scott
Chief Operating Officer
- 5863
35 USD
1 year ago
May 19, 2023
Sell 732 K USD
Norman Harold Matthew
Chief People Officer
- 21499
34.03 USD
1 year ago
Apr 10, 2023
Sell 220 K USD
Guy Jeffrey Scott
Chief Operating Officer
- 6000
36.62 USD
1 year ago
Mar 10, 2023
Sell 224 K USD
Guy Jeffrey Scott
Chief Operating Officer
- 6400
35.01 USD
1 year ago
Mar 14, 2023
Sell 196 K USD
Guy Jeffrey Scott
Chief Operating Officer
- 5600
35 USD
1 year ago
Mar 02, 2023
Sell 114 K USD
Norman Harold Matthew
Chief People Officer
- 3580
31.83 USD
1 year ago
Mar 03, 2023
Sell 518 K USD
Guy Jeffrey Scott
Chief Operating Officer
- 14800
35 USD
1 year ago
Feb 21, 2023
Sell 3.66 M USD
Brantz Carly D
Chief Marketing Officer
- 106419
34.42 USD
1 year ago
Feb 21, 2023
Sell 1.36 M USD
SHAPIRO ALAN
General Counsel
- 39358
34.59 USD
1 year ago
Feb 16, 2023
Sell 522 K USD
Guy Jeffrey Scott
Chief Operating Officer
- 14880
35.06 USD
1 year ago
Feb 16, 2023
Sell 175 K USD
Butte Amy
Director
- 5000
35 USD
2 years ago
Dec 01, 2022
Sell 512 K USD
Norman Harold Matthew
director: Chief People Officer
- 17500
29.28 USD
2 years ago
Nov 16, 2022
Sell 56 K USD
Brantz Carly D
director: Chief Marketing Officer
- 1773
31.6 USD
2 years ago
Oct 04, 2022
Sell 140 K USD
Monroy Gabriel
director: Chief Product Officer
- 3495
40.1 USD
2 years ago
Aug 17, 2022
Sell 81.6 K USD
Brantz Carly D
director: Chief Marketing Officer
- 1774
45.97 USD
2 years ago
Aug 10, 2022
Sell 250 K USD
Butte Amy
director:
- 5000
50 USD
2 years ago
Jun 16, 2022
Sell 671 K USD
Brantz Carly D
director: Chief Marketing Officer
- 16610
40.4 USD
2 years ago
May 31, 2022
Sell 1.28 M USD
SHAPIRO ALAN
director: General Counsel
- 25893
49.6 USD
2 years ago
Apr 05, 2022
Sell 288 K USD
Butte Amy
director:
- 5000
57.66 USD
2 years ago
Mar 01, 2022
Sell 1.43 M USD
SHAPIRO ALAN
director: General Counsel
- 23543
60.89 USD
2 years ago
Mar 02, 2022
Sell 1.83 M USD
SORENSON WILLIAM G
Chief Financial Officer
- 30000
60.92 USD
3 years ago
Jan 03, 2022
Sell 273 K USD
SHAPIRO ALAN
General Counsel
- 3400
80.41 USD
3 years ago
Jan 03, 2022
Sell 380 K USD
Butte Amy
Director
- 5000
75.91 USD
3 years ago
Dec 02, 2021
Sell 3.61 M USD
SHAPIRO ALAN
General Counsel
- 40000
90.26 USD
3 years ago
Nov 18, 2021
Sell 627 K USD
Norman Harold Matthew
Chief People Officer
- 4792
130.83 USD
3 years ago
Nov 05, 2021
Sell 473 K USD
Guy Jeffrey Scott
Chief Operating Officer
- 4410
107.27 USD
3 years ago
Nov 08, 2021
Sell 7.32 M USD
Guy Jeffrey Scott
Chief Operating Officer
- 67590
108.31 USD
3 years ago
Oct 18, 2021
Sell 426 K USD
Norman Harold Matthew
Chief People Officer
- 4792
89 USD
3 years ago
Oct 13, 2021
Sell 1.71 M USD
Norman Harold Matthew
Chief People Officer
- 19166
89.23 USD
3 years ago
Oct 07, 2021
Sell 507 K USD
Guy Jeffrey Scott
Chief Operating Officer
- 6000
84.51 USD
3 years ago
Sep 23, 2021
Sell 5.6 M USD
SHAPIRO ALAN
General Counsel
- 64451
86.84 USD
3 years ago
Sep 07, 2021
Sell 1.29 M USD
Norman Harold Matthew
Chief People Officer
- 17838
72.09 USD
3 years ago
Aug 27, 2021
Sell 1.37 M USD
Guy Jeffrey Scott
Chief Operating Officer
- 23112
59.28 USD
3 years ago
Aug 10, 2021
Sell 1.37 M USD
Norman Harold Matthew
Chief People Officer
- 25000
54.93 USD
3 years ago
Aug 09, 2021
Sell 632 K USD
Butte Amy
Director
- 12000
52.68 USD
3 years ago
Aug 09, 2021
Sell 950 K USD
Butte Amy
Director
- 18000
52.76 USD
3 years ago
Aug 09, 2021
Sell 153 K USD
Guy Jeffrey Scott
Chief Operating Officer
- 2888
53 USD
3 years ago
Aug 09, 2021
Sell 2.03 M USD
AH Capital Management, L.L.C.
10 percent owner
- 38756
52.46 USD
3 years ago
Aug 09, 2021
Sell 5.72 M USD
AH Capital Management, L.L.C.
10 percent owner
- 108226
52.84 USD
3 years ago
Aug 09, 2021
Sell 2.66 M USD
AH Capital Management, L.L.C.
10 percent owner
- 49364
53.84 USD
3 years ago
Aug 09, 2021
Sell 397 K USD
AH Capital Management, L.L.C.
10 percent owner
- 7533
52.71 USD
3 years ago
Aug 09, 2021
Sell 165 K USD
AH Capital Management, L.L.C.
10 percent owner
- 3066
53.7 USD
3 years ago
Aug 09, 2021
Sell 2.03 M USD
AH Equity Partners III, L.L.C.
10 percent owner
- 38756
52.46 USD
3 years ago
Aug 09, 2021
Sell 5.72 M USD
AH Equity Partners III, L.L.C.
10 percent owner
- 108226
52.84 USD
3 years ago
Aug 09, 2021
Sell 2.66 M USD
AH Equity Partners III, L.L.C.
10 percent owner
- 49364
53.84 USD
3 years ago
Aug 09, 2021
Sell 397 K USD
AH Equity Partners III, L.L.C.
10 percent owner
- 7533
52.71 USD
3 years ago
Aug 09, 2021
Sell 165 K USD
AH Equity Partners III, L.L.C.
10 percent owner
- 3066
53.7 USD
3 years ago
Mar 25, 2021
Bought 100 M USD
Access Industries Holdings LLC
+ 2127659
47 USD
7. News
DigitalOcean (DOCN) Upgraded to Buy: Here's What You Should Know DigitalOcean (DOCN) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term. zacks.com - 3 weeks ago
DOCN Rises 11% in 6 Months: How Should Investors Play the Stock? DigitalOcean shares are benefiting from a strong portfolio and expanding partnerships amid macroeconomic challenges and fierce market competition. zacks.com - 3 weeks ago
1 Beaten-Down Growth Stock to Buy Before 2025 This cloud-based service provider is an attractive option for long-term investors. fool.com - 3 weeks ago
Digital Ocean: One Of My Top 5 Growth Plays In 2025 For "AI Arm Race" DOCN is positioned to benefit from AI arm race, focusing on SMBs and democratizing AI access, making it a strong long-term buy. Despite recent growth deceleration, DOCN's niche market of companies with seekingalpha.com - 3 weeks ago
1 Growth Stock Down 68% You'll Regret Not Buying on the Dip in 2025 A new year is right around the corner, so this is a great time for investors to look at new opportunities. Artificial intelligence (AI) is arguably the most powerful theme in the stock market right now, and that's likely to continue in 2025. fool.com - 1 month ago
DigitalOcean Holdings, Inc. (DOCN) Recently Broke Out Above the 20-Day Moving Average From a technical perspective, DigitalOcean Holdings, Inc. (DOCN) is looking like an interesting pick, as it just reached a key level of support. DOCN recently overtook the 20-day moving average, and this suggests a short-term bullish trend. zacks.com - 1 month ago
3 Millionaire-Maker Technology Stocks to Consider Many investors look toward the tech sector for potential millionaire-maker stocks. But for every stock like Nvidia which minted new millionaires, there are plenty of stocks like Intel which shriveled over the past decade. fool.com - 1 month ago
DigitalOcean Announces Availability of Bare Metal GPUs NEW YORK--(BUSINESS WIRE)--DigitalOcean Holdings, Inc. (NYSE: DOCN), the simplest scalable cloud for digital-native businesses, today announced the availability of DigitalOcean Bare Metal GPUs, dedicated, single-tenant infrastructure purpose-built to tackle the most demanding AI/ML workloads, model training, and custom setups. Unlike the recently-announced DigitalOcean GPU Droplets, Bare Metal GPUs are dedicated, unshared infrastructure with no neighbors, providing customers with full access to. businesswire.com - 1 month ago
DigitalOcean: I Expect Growth To Accelerate In The Foreseeable Future I give a buy rating for DigitalOcean due to anticipated growth acceleration driven by its AI strategy, larger customer base, and improving net dollar retention rate. DOCN's AI strategy positions it to capture demand from AI Extenders and AI Consumers, boosting future growth. DOCN's 3Q24 earnings beat consensus with $198.5 million revenue and $86.7 million adj EBITDA, leading to raised FY24 guidance and positive market outlook. seekingalpha.com - 2 months ago
This Artificial Intelligence (AI) Stock Looks Like a Top Buy Following Its Latest Pullback Investors looking to buy a potential AI winner trading at a reasonable valuation should consider taking a closer look at this company. fool.com - 2 months ago
DigitalOcean Introduces Scalable Storage for Managed MongoDB Offering NEW YORK--(BUSINESS WIRE)--DigitalOcean Holdings, Inc. (NYSE: DOCN), the simple scalable cloud, today introduced scalable storage for DigitalOcean's Managed MongoDB offering, giving users the ability to scale their cloud storage capacity independently of other compute requirements. This new functionality will provide customers with greater flexibility to adapt to growing data demands and fluctuating workloads, without the unnecessary expense of added compute capacity. DigitalOcean's Managed Mon. businesswire.com - 2 months ago
1 Artificial Intelligence (AI) Growth Stock to Buy As Part of Your 2025 New Year's Resolution Mid-cap company DigitalOcean is competing against Microsoft Azure, Amazon Web Services, and Google Cloud. fool.com - 2 months ago
8. Profile Summary

DigitalOcean Holdings, Inc. DOCN

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COUNTRY US
INDUSTRY Software - Infrastructure
MARKET CAP $ 3.33 B
Dividend Yield 0.00%
Description DigitalOcean Holdings, Inc., through its subsidiaries, operates a cloud computing platform in North America, Europe, Asia, and internationally. Its platform provides on-demand infrastructure and platform tools for developers, start-ups, and small and medium size businesses. The company offers infrastructure solutions across compute, storage, and networking, as well as enables developers to extend the native capabilities of its cloud with fully managed application, container, and database offerings. Its users include software engineers, researchers, data scientists, system administrators, students, and hobbyists. The company's customers use its platform in various industry verticals and for a range of use cases, such as web and mobile applications, website hosting, e-commerce, media and gaming, personal web projects, managed services, and others. DigitalOcean Holdings, Inc. was incorporated in 2012 and is headquartered in New York, New York.
Contact 101 6th Avenue, New York, NY, 10013 https://www.digitalocean.com
IPO Date March 24, 2021
Employees 1156
Officers Mr. Wade Wegner Chief Ecosystem & Growth Officer Ms. Cherie Barrett Senior Vice President & Chief Accounting Officer Ms. Cynthia Carpenter Senior Vice President of People Mr. Lawrence M. D'Angelo Chief Revenue Officer Mr. Alan Shapiro J.D. General Counsel & Secretary Mr. Warren J. Adelman Executive Chairman Mr. Bratin Saha Chief Product & Technology Officer Mr. Padmanabhan T. Srinivasan Chief Executive Officer & Director Mr. W. Matthew Steinfort Chief Financial Officer