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DigitalOcean Holdings, Inc. Stock Research

DOCN

23.92USD-0.11(-0.46%)Market Closed
Watchlist

Market Summary

USD23.92-0.11
Market Closed
-0.46%

DOCN Alerts

DOCN Stock Price

DOCN RSI Chart

DOCN Valuation

Market Cap

2.1B

Price/Earnings (Trailing)

-136.46

Price/Sales (Trailing)

3.29

EV/EBITDA

21.61

Price/Free Cashflow

18.68

DOCN Price/Sales (Trailing)

DOCN Profitability

Operating Margin

61.40%

EBT Margin

-6.02%

Return on Equity

-80.44%

Return on Assets

-2.59%

Free Cashflow Yield

5.35%

DOCN Fundamentals

DOCN Revenue

Revenue (TTM)

650.1M

Revenue Y/Y

26.84%

Revenue Q/Q

2.83%

DOCN Earnings

Earnings (TTM)

-15.7M

Earnings Y/Y

109.84%

Earnings Q/Q

104.06%

Price Action

52 Week Range

22.8151.69
(Low)(High)

Last 7 days

-0.8%

Last 30 days

-14.1%

Last 90 days

-40.1%

Trailing 12 Months

-33.7%

DOCN Financial Health

Current Ratio

3.75

DOCN Investor Care

Buy Backs (1Y)

13.17%

Diluted EPS (TTM)

-0.2

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales

Latest Insider Trading transactions for DOCN

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2023-09-15
Wood Megan
acquired
-
-
78,118
chief stgy and prdct officer
2023-09-15
Steinfort Matt
acquired
-
-
101,554
chief financial officer
2023-09-07
Guy Jeffrey Scott
sold
-518,923
25.21
-20,584
chief operating officer
2023-09-07
JENSON WARREN
bought
102,960
25.74
4,000
-
2023-09-01
Spruill Yancey L.
sold (taxes)
-117,181
27.05
-4,332
chief executive officer
2023-09-01
Wood Megan
sold (taxes)
-157,729
27.05
-5,831
chief strategy officer
2023-09-01
Guy Jeffrey Scott
sold (taxes)
-152,508
27.05
-5,638
chief operating officer
2023-08-23
Norman Harold Matthew
acquired
211,325
6.82
30,986
chief people officer
2023-08-21
Guy Jeffrey Scott
sold
-324,100
32.41
-10,000
chief operating officer
2023-08-14
Guy Jeffrey Scott
sold
-213,060
35.51
-6,000
chief operating officer

1–10 of 50

Which funds bought or sold DOCN recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2023-09-20
BARCLAYS PLC
reduced
-36.01
-624,000
1,188,000
-%
2023-09-13
CGC Financial Services, LLC
new
-
4,014
4,014
-%
2023-09-12
Farther Finance Advisors, LLC
reduced
-19.19
-667
3,211
-%
2023-08-25
Yarbrough Capital, LLC
unchanged
-
10,552
436,643
0.03%
2023-08-24
Alberta Investment Management Corp
added
24.55
649,779
3,001,430
0.03%
2023-08-22
Asset Dedication, LLC
new
-
2,000
2,000
-%
2023-08-21
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM
added
12.92
394,098
2,901,800
-%
2023-08-21
OSAIC HOLDINGS, INC.
added
236
965,528
1,356,650
-%
2023-08-21
VitalStone Financial, LLC
new
-
-
-
-%
2023-08-16
Alpha Square Group S, LLC
reduced
-8.4
-120,094
1,838,170
1.32%

1–10 of 35

Latest Funds Activity

Are funds buying DOCN calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own DOCN
No. of Funds

Schedule 13G FIlings of DigitalOcean Holdings

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Jul 12, 2023
access industries management, llc
29.12%
25,865,449
SC 13D/A
Feb 14, 2023
andreessen horowitz fund iii, l.p.
0.0%
0
SC 13G/A
Feb 09, 2023
vanguard group inc
6.39%
6,153,572
SC 13G
Feb 09, 2023
ia venture strategies fund ii, lp
7.7%
7,404,482
SC 13G/A
Feb 03, 2023
blackrock inc.
5.6%
5,345,991
SC 13G
Feb 14, 2022
andreessen horowitz fund iii, l.p.
4.9%
5,378,994
SC 13G

Recent SEC filings of DigitalOcean Holdings

View All Filings
Date Filed Form Type Document
Sep 19, 2023
4
Insider Trading
Sep 19, 2023
4
Insider Trading
Sep 19, 2023
8-K
Current Report
Sep 08, 2023
4
Insider Trading
Sep 08, 2023
4
Insider Trading
Sep 07, 2023
144
Notice of Insider Sale Intent
Sep 06, 2023
144
Notice of Insider Sale Intent
Sep 01, 2023
4
Insider Trading
Sep 01, 2023
4
Insider Trading
Sep 01, 2023
4
Insider Trading

DigitalOcean Holdings News

Nasdaq
First Week of January 2026 Options Trading For DigitalOcean ....
Nasdaq,
6 hours ago
Marketscreener.com
InvestorsObserver
GlobeNewswire

Returns for DOCN

Cumulative Returns on DOCN

Risks for DOCN

What is the probability of a big loss on DOCN?

73.5%


Probability that DigitalOcean Holdings stock will be more than 20% underwater in next one year

72.7%


Probability that DigitalOcean Holdings stock will be more than 30% underwater in next one year.

71.2%


Probability that DigitalOcean Holdings stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does DOCN drawdown profile look like?

Y-axis is the maximum loss one would have experienced if DigitalOcean Holdings was unfortunately bought at previous high price.

Drawdowns

Financials for DigitalOcean Holdings

Income Statement (Last 12 Months)
(In Thousands)
Income Statement (Last 12 Months)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q4
Revenue5.9%650,061614,129576,322532,986492,299462,227428,561396,416366,148339,249318,380307,817299,406291,168254,823
Gross Profit4.4%392,904376,512364,395339,034309,377283,974257,966231,640207,815188,856172,848165,216159,630152,436132,564
Operating Expenses2.4%432,642422,694390,092361,310342,716311,998269,152231,049212,273188,906188,639188,455181,048202,384162,469
  S&GA Expenses-2.6%78,09080,20981,02271,69365,90859,50150,87844,90639,29434,43933,47232,14832,82237,81631,340
  R&D Expenses1.1%146,529144,916143,885140,674140,358130,523115,684100,10789,88677,89574,97072,41769,21477,90859,973
EBITDA-100.0%-78,78786,22181,89364,17157,42773,91563,45755,16162,66646,52749,11549,02618,90032,840
EBITDA Margin-100.0%-0.13*0.15*0.15*0.13*0.12*0.17*0.16*0.15*0.18*0.15*0.16*0.16*0.06*0.13*
Interest Expenses0.2%8,5438,5268,3967,3505,4093,5473,7445,8008,80412,35013,61013,98014,59014,0649,356
Earnings Before Taxes31.7%-25,610-37,519-23,885-23,820-36,356-31,088-18,201-20,805-29,156-28,815-42,657-38,469-37,008-64,740-39,597
EBT Margin100.0%--0.06*-0.04*-0.04*-0.07*-0.07*-0.04*-0.05*-0.08*-0.08*-0.13*-0.12*-0.12*-0.22*-0.16*
Net Income32.1%-15,674-23,098-25,296-27,355-39,304-34,732-19,503-21,229-29,591-29,974-43,568-39,622-39,006-67,732-40,390
Net Income Margin100.0%--0.07*-0.04*-0.05*-0.08*-0.07*-0.05*-0.05*-0.08*-0.09*-0.14*-0.13*-0.13*-0.23*-0.16*
Free Cashflow-100.0%-94,30888,76354,43250,49245,95636,04223,4544,209-23,355-40,102-39,546-62,300-77,416-13,602
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q4
Assets-5.4%1,4981,5841,8161,6241,5911,9572,101966915893430
  Current Assets-8.1%6426999469081,2311,6121,770643629607148
    Cash Equivalents475.1%12021.0014124.0072.004651,715590577560103
  Net PPE-2.6%271278273271268259250241243243239
  Goodwill0%29729731531532.0032.0032.0032.003.003.003.00
Liabilities-1.2%1,7651,7871,7681,5931,5421,5291,52379057.0048.00329
  Current Liabilities-1.9%16717116699.0074.0062.0058.0058.0055.0046.0085.00
    LT Debt, Current-----------17.00
    LT Debt, Non Current0.1%1,4741,4721,4701,4681,4671,4651,463---242
Shareholder's Equity-32.1%-267-20248.0030.0047.00427578906858845-72.09
  Retained Earnings-15.6%-266-230-214-200-210-204-186-174-172-170-167
  Additional Paid-In Capital-100.0%-29.002642352696397701,0861,0361,020100
Shares Outstanding-6.9%89.0096.0097.0096.0010310710710810749.0043.00
Cashflow (Last 12 Months)
(In Millions)
Cashflow (Last 12 Months)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q4
Cashflow From Operations9.0%21920119516314914413311910277.0058.0054.0034.005.0040.00
  Share Based Compensation7.4%12011110610297.0081.0062.0042.0036.0027.0029.0033.0024.0038.0019.00
Cashflow From Investing216.0%25581.00-1,148-1,232-1,223-1,210-113-111-106-111-115-113-118-112-87.38
Cashflow From Financing41.7%-417-716-6105135699721,59346245650312417727033850.00
  Buy Backs-41.3%420716600950900500350--------

DOCN Income Statement

2022-12-31
Condensed Consolidated Statements of Operations - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Income Statement [Abstract]   
Revenue$ 576,322$ 428,561$ 318,380
Cost of revenue211,927170,595145,532
Gross profit364,395257,966172,848
Operating expenses:   
Research and development143,885115,68474,970
Sales and marketing81,02250,87833,472
General and administrative165,185102,59080,197
Total operating expenses390,092269,152188,639
Loss from operations(25,697)(11,186)(15,791)
Other (income) expense:   
Interest expense8,3963,74413,610
Loss on extinguishment of debt4073,435259
Other (income) expense, net(10,615)(164)12,997
Other (income) expense(1,812)7,01526,866
Loss before income taxes(23,885)(18,201)(42,657)
Income tax expense3,9191,302911
Net loss attributable to common stockholders$ (27,804)$ (19,503)$ (43,568)
Net loss per share attributable to common stockholders, basic (in dollars per share)$ (0.28)$ (0.21)$ (1.05)
Net loss per share attributable to common stockholders, diluted (in dollars per share)$ (0.28)$ (0.21)$ (1.05)
Weighted-average shares used to compute net loss per share, basic (in shares)100,806,00093,224,00041,658,000
Weighted average shares used to compute net loss per share, diluted (in shares)  41,658,000

DOCN Balance Sheet

2022-12-31
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2022
Dec. 31, 2021
Current assets:  
Cash and cash equivalents$ 140,772$ 1,713,387
Marketable securities723,4620
Accounts receivable, less allowance for credit losses of $6,099 and $4,212, respectively53,83339,619
Prepaid expenses and other current assets27,92417,050
Total current assets945,9911,770,056
Noncurrent assets:  
Property and equipment, net273,170249,643
Restricted cash1,9352,038
Goodwill315,16832,170
Intangible assets, net118,92842,915
Operating lease right-of-use assets, net153,7010
Deferred tax assets75188
Other assets5,9874,085
Total assets1,815,6312,100,995
Current liabilities:  
Accounts payable21,13812,657
Accrued other expenses33,98731,907
Deferred revenue5,5504,826
Operating lease liabilities, current57,4320
Other current liabilities47,4098,849
Total current liabilities165,51658,239
Noncurrent liabilities:  
Deferred tax liabilities20,757421
Long-term debt1,470,2701,462,676
Operating lease liabilities, non-current107,6930
Other long-term liabilities3,8261,462
Total liabilities1,768,0621,522,798
Commitments and Contingencies (Note 9)
Preferred stock ($0.000025 par value per share; 10,000,000 shares authorized; 0 shares issued and outstanding as of December 31, 2022 and December 31, 2021)00
Common stock ($0.000025 par value per share; 750,000,000 shares authorized; 96,732,507 and 109,175,863 issued; and 96,732,507 and 107,207,635 outstanding as of December 31, 2022 and December 31, 2021, respectively)22
Treasury stock, at cost (0 shares at December 31, 2022 and 1,968,228 shares at December 31, 2021)0(4,598)
Additional paid-in capital263,957769,705
Accumulated other comprehensive loss(2,048)(374)
Accumulated deficit(214,342)(186,538)
Total stockholders’ equity47,569578,197
Total liabilities and stockholders’ equity$ 1,815,631$ 2,100,995
Yancey L. Spruill
790
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.