$36.85 3.9%
DOCN Stock Price vs. AI Score
Data gathered: November 15

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AI Stock Analysis - DigitalOcean (DOCN)

Analysis generated June 26, 2024. Powered by Chat GPT.

DigitalOcean, Inc. is a cloud infrastructure provider catering primarily to developers, startups, and small businesses. The company offers cloud services to help developers deploy applications that run on multiple computers through its cloud computing platform. It is known for providing robust computing services with a competitive pricing model aimed at simplicity and scalability. The company has been a disruptive player in the market primarily dominated by giants like Amazon Web Services, Microsoft Azure, and Google Cloud Platform. DigitalOcean has positioned itself as a user-friendly and developer-friendly solution, allowing it to capture a niche yet growing segment of the cloud services market.

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Stock Alerts - DigitalOcean (DOCN)

company logo DigitalOcean | November 15
Price is down by -5.1% in the last 24h.
company logo DigitalOcean | November 12
Employee Rating is down by 2.6% over the last month.
company logo DigitalOcean | November 12
Business Outlook among employees is down by -10% over the last month.
company logo DigitalOcean | November 6
Price is up by 5.6% in the last 24h.

About DigitalOcean

DigitalOcean, Inc. is an American cloud infrastructure provider headquartered in New York City with data centers worldwide. DigitalOcean provides developers cloud services that help to deploy and scale applications that run simultaneously on multiple computers.


DigitalOcean
Price $36.85
Target Price Sign up
Volume 1,260,000
Market Cap $3.51B
Year Range $27.27 - $44
Dividend Yield 0%
PE Ratio 44.26
Analyst Rating 50% buy
Industry Cloud computing

In the news


Financial performance View All

Revenue Cost of Revenue Gross Profit Net Income ebitda EPS
Q3 '24198M79M119M33M00.520
Q2 '24192M75M117M19M55M0.480
Q1 '24185M73M112M14M43M0.430
Q4 '23181M74M106M16M47M0.440
Q3 '23177M70M107M19M70M0.440

Insider Transactions View All

Steinfort Matt filed to sell 548,542 shares at $40.
September 13 '24
Butte Amy filed to sell 36,417 shares at $37.5.
June 10 '24
Butte Amy filed to sell 36,220 shares at $36.8.
February 27 '24
Spruill Yancey L. filed to sell 4,954,067 shares at $28.5.
November 22 '23
Spruill Yancey L. filed to sell 4,699,067 shares at $28.9.
November 22 '23

What is the Market Cap of DigitalOcean?

The Market Cap of DigitalOcean is $3.51B.

What is DigitalOcean's PE Ratio?

As of today, DigitalOcean's PE (Price to Earnings) ratio is 44.26.

What is the current stock price of DigitalOcean?

Currently, the price of one share of DigitalOcean stock is $36.85.

How can I analyze the DOCN stock price chart for investment decisions?

The DOCN stock price chart above provides a comprehensive visual representation of DigitalOcean's stock performance over time. Investors can use this chart to identify patterns, trends, and potential support or resistance levels. By examining historical data and recent price movements, investors can make more informed decisions regarding buying, holding, or selling DigitalOcean shares. Our platform offers an up-to-date DOCN stock price chart, along with technical data analysis and alternative data insights.

Does DOCN offer dividends to its shareholders?

As of our latest update, DigitalOcean (DOCN) does not offer dividends to its shareholders. Investors interested in DigitalOcean should consider the potential for capital appreciation as the primary return on investment, rather than expecting dividend payouts.

What are some of the similar stocks of DigitalOcean?

Some of the similar stocks of DigitalOcean are Cloudflare, Akamai Technologies, Palo Alto Networks, Radware, and Fastly.

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The analytics provided are estimates and not a substitute for professional advice. All investments involve risks, including possible capital loss.
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