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DOCN

DOCN - DigitalOcean Holdings, Inc. Stock Price, Fair Value and News

35.03USD-1.33 (-3.66%)Market Closed

Market Summary

DOCN
USD35.03-1.33
Market Closed
-3.66%

DOCN Alerts

  • 1 major insider sales recently.
  • Big jump in Earnings (Y/Y)

DOCN Stock Price

View Fullscreen

DOCN RSI Chart

DOCN Valuation

Market Cap

3.2B

Price/Earnings (Trailing)

63.92

Price/Sales (Trailing)

4.48

EV/EBITDA

21.39

Price/Free Cashflow

25.37

DOCN Price/Sales (Trailing)

DOCN Profitability

Operating Margin

60.04%

EBT Margin

9.67%

Return on Equity

-17.45%

Return on Assets

3.36%

Free Cashflow Yield

3.94%

DOCN Fundamentals

DOCN Revenue

Revenue (TTM)

712.5M

Rev. Growth (Yr)

11.87%

Rev. Growth (Qtr)

2.13%

DOCN Earnings

Earnings (TTM)

49.9M

Earnings Growth (Yr)

186.37%

Earnings Growth (Qtr)

-11.29%

Breaking Down DOCN Revenue

Last 7 days

-6.2%

Last 30 days

-9.6%

Last 90 days

-10.5%

Trailing 12 Months

-23.7%

How does DOCN drawdown profile look like?

DOCN Financial Health

Current Ratio

2.73

Debt/Equity

-5.17

Debt/Cashflow

0.18

DOCN Investor Care

Shares Dilution (1Y)

2.57%

Diluted EPS (TTM)

0.52

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
2024712.5M000
2023614.1M650.1M675.0M692.9M
2022462.2M492.3M533.0M576.3M
2021339.2M366.1M396.4M428.6M
2020270.7M286.6M302.5M318.4M
2019000254.8M
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Tracking the Latest Insider Buys and Sells of DigitalOcean Holdings, Inc.

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Jun 12, 2024
adelman warren j
sold (taxes)
-89,590
37.47
-2,391
executive chairman
Jun 07, 2024
butte amy
sold
-195,541
37.46
-5,220
-
Jun 06, 2024
arora pratima
acquired
-
-
5,417
-
Jun 06, 2024
butte amy
acquired
-
-
5,417
-
Jun 06, 2024
schneider hilary
acquired
-
-
5,417
-
Jun 06, 2024
merritt christopher
acquired
-
-
5,417
-
Jun 06, 2024
keffer pueo
acquired
-
-
5,417
-
Jun 06, 2024
jenson warren
acquired
-
-
5,417
-
Jun 01, 2024
steinfort matt
sold (taxes)
-584,204
37.05
-15,768
chief financial officer
May 12, 2024
adelman warren j
sold (taxes)
-72,574
35.91
-2,021
executive chairman

1–10 of 50

Which funds bought or sold DOCN recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Jun 11, 2024
EverSource Wealth Advisors, LLC
reduced
-35.64
-1,570
2,136
-%
Jun 04, 2024
DekaBank Deutsche Girozentrale
unchanged
-
1,000
33,000
-%
May 29, 2024
Pathway Financial Advisers, LLC
new
-
152
152
-%
May 28, 2024
WFA Asset Management Corp
sold off
-100
-5,137
-
-%
May 24, 2024
Cetera Investment Advisers
added
31.39
619,087
2,304,740
-%
May 17, 2024
VIMA LLC
reduced
-99.23
1,874
9,322
0.01%
May 16, 2024
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM
reduced
-8.4
-106,190
2,164,000
-%
May 16, 2024
Tidal Investments LLC
new
-
219,650
219,650
-%
May 16, 2024
Beacon Capital Management, LLC
unchanged
-
707
1,909
-%
May 16, 2024
COMERICA BANK
reduced
-1.62
41,305
1,780,040
0.01%

1–10 of 31

Are Funds Buying or Selling DOCN?

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

Unveiling DigitalOcean Holdings, Inc.'s Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
May 08, 2024
ia venture strategies fund ii, lp
3.26%
2,961,791
SC 13G/A
Feb 13, 2024
vanguard group inc
7.01%
6,032,127
SC 13G/A
Jan 29, 2024
blackrock inc.
6.1%
5,222,944
SC 13G/A
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
Nov 08, 2022
access industries management, llc
26.86%
25,865,449
SC 13D/A
Feb 14, 2022
andreessen horowitz fund iii, l.p.
4.9%
5,378,994
SC 13G

Recent SEC filings of DigitalOcean Holdings, Inc.

View All Filings
Date Filed Form Type Document
Jun 14, 2024
4
Insider Trading
Jun 10, 2024
4
Insider Trading
Jun 10, 2024
4
Insider Trading
Jun 10, 2024
4
Insider Trading
Jun 10, 2024
4
Insider Trading
Jun 10, 2024
4
Insider Trading
Jun 10, 2024
4
Insider Trading
Jun 10, 2024
8-K
Current Report
Jun 07, 2024
144
Notice of Insider Sale Intent
Jun 04, 2024
4
Insider Trading

Peers (Alternatives to DigitalOcean Holdings, Inc.)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
3.3T
236.6B
4.60% 27.13%
38.17
13.9
13.97% 24.86%
235.4B
19.9B
8.28% 7.06%
49.04
11.81
10.76% 1.35%
93.4B
3.3B
12.31% 141.14%
709.48
28.44
34.26% 187.06%
38.3B
22.9B
-13.10% -6.10%
87.19
1.67
23.28% 285.17%
13.6B
3.9B
-7.18% -3.24%
21.68
3.49
7.01% 28.42%
MID-CAP
9.8B
2.8B
-4.27% 10.60%
19.7
3.53
0.20% 52.82%
8.0B
619.6M
6.32% 26.44%
832.77
12.88
7.11% 116.83%
6.7B
605.7M
2.19% 12.47%
-35.69
11.11
18.08% 24.38%
3.8B
1.5B
-2.51% 54.60%
25.84
2.55
6.51% 54.77%
2.0B
560.0M
-16.36% -47.49%
-18.78
3.61
14.52% 34.67%
SMALL-CAP
1.2B
1.2B
-7.07% -19.83%
18.31
1.03
3.70% 27.53%
1.0B
254.7M
-14.19% -11.80%
22.16
3.98
-7.51% 2.74%
414.9M
634.3M
-30.06% 6.03%
-14.21
0.65
9.43% -197.31%
13.5M
26.4M
-36.44% -72.91%
-1.17
0.51
212.19% -94.63%
11.3M
15.3M
-10.74% -8.47%
-1.12
0.74
-7.99% -1417.41%

DigitalOcean Holdings, Inc. News

Latest updates
Simply Wall St12 Jun 202411:58 am

DigitalOcean Holdings, Inc. Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Thousands)
Income Statement (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q4
Revenue2.1%18518117717016516315213412712011110494.0088.0081.0077.0073.00-
Cost Of Revenue-2.4%73.0074.0070.0067.0072.0060.0057.0048.0047.0044.0044.0043.0040.0039.0037.0035.0035.00-
Gross Profit5.3%11210610710293.0010395.0086.0080.0075.0068.0061.0054.0049.0044.0042.0038.00-
Operating Expenses5.3%10195.0071.0010412611488.0094.0094.0085.0070.0063.0051.0047.0051.0040.0051.00-
  S&GA Expenses5.7%21.0020.0019.0016.0018.0025.0019.0018.0019.0015.0013.0012.0010.009.008.007.009.00-
  R&D Expenses9.9%34.0031.0033.0039.0038.0039.0030.0037.0037.0036.0030.0027.0022.0021.0020.0015.0019.00-
EBITDA Margin25.9%0.28*0.22*0.19*0.15*0.13*0.15*0.15*0.13*0.14*0.17*0.18*0.17*------
Interest Expenses-0.3%2.002.002.002.002.002.002.002.002.001.000.000.002.003.003.004.004.00-
Income Taxes104.8%0.00-2.4118.003.00-11.481.000.00-1.173.001.00-0.14-0.471.000.00-0.130.001.00-
Earnings Before Taxes5.3%14.0014.0037.004.00-27.85-9.078.00-7.93-15.23-11.20-2.00-2.66-2.34-13.80-10.35-2.32-16.18-
EBT Margin150.2%0.10*0.04*0.01*-0.04*-0.06*-0.04*-0.05*-0.07*-0.07*-0.04*-0.05*-0.08*------
Net Income-11.3%14.0016.0019.001.00-16.37-10.078.00-6.76-18.57-12.12-1.85-2.19-3.34-13.85-10.21-2.57-16.93-
Net Income Margin150.1%0.07*0.03*-0.01*-0.03*-0.04*-0.05*-0.06*-0.08*-0.08*-0.05*-0.05*-0.08*------
Free Cashflow-18.6%23.0028.0034.0041.0013.0036.0025.0020.007.002.0021.0016.00------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q4
Assets1.7%1,4861,4611,4251,4981,5841,8161,6241,5911,9572,101966915893430
  Current Assets2.5%5165034716426999469081,2311,6121,770643629607148
    Cash Equivalents32.1%41931779.0012021.0015224.0072.004651,715590577560103
  Net PPE5.4%322305285271278273271268259250241243243239
  Goodwill0%34834834858.0029731531532.0032.0032.0032.003.003.003.00
Liabilities-0.2%1,7721,7751,7841,7651,7871,7681,5931,5421,5291,52379057.0048.00329
  Current Liabilities-1.9%18919318416717116699.0074.0062.0058.0058.0055.0046.0085.00
  Long Term Debt0.1%1,4801,4781,4761,4741,4721,4701,4681,4671,4651,463---242
    LT Debt, Current--------------17.00
    LT Debt, Non Current0.1%1,4801,4781,4761,4741,4721,4701,4681,4671,4651,463---242
Shareholder's Equity8.8%-286-313---20248.0027.0047.00427578906858845-
  Retained Earnings4.1%-330-344-357-266-230-214-200-210-204-186-174-172-170-167
  Additional Paid-In Capital44.0%45.0031.00--29.002642352696397701,0861,0361,020100
Shares Outstanding1.1%91.0090.0086.0092.0096.0097.0097.0010510793.0088.00107--
Float----2,500---2,910---2,820--
Cashflow (Last 12 Months)
(In Millions)
Cashflow (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q4
Cashflow From Operations-17.2%67.0081.0054.0064.0036.0063.0056.0046.0030.0033.0040.0040.0020.0018.0023.0016.001.00-
  Share Based Compensation0.5%23.0023.00-2.3736.0032.0028.0024.0028.0026.0024.0019.0012.007.005.0013.003.009.00-
Cashflow From Investing-69.6%46.001535.0013610854.00-41.87-38.81-1,121-32.40-31.54-25.98-23.69-30.55-26.06-30.80-28.23-
Cashflow From Financing-353.7%-11.254.00-108-100-2640.00-52.76-399-1571,1234.003.00464-8.68-2.1850.0084.00-
  Buy Backs-29.6%9.0012.00107104266-50.00400150350--------
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DOCN Income Statement

2024-03-31
Condensed Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Income Statement [Abstract]  
Revenue$ 184,730$ 165,134
Cost of revenue72,64471,879
Gross profit112,08693,255
Operating expenses:  
Research and development33,97138,272
Sales and marketing20,80418,231
General and administrative45,77348,939
Restructuring and other charges020,869
Total operating expenses100,548126,311
Income (loss) from operations11,538(33,056)
Other income (expense):  
Interest expense(2,304)(2,189)
Interest income and other income, net5,0217,394
Other income, net2,7175,205
Income (loss) before income taxes14,255(27,851)
Income tax (expense) benefit(116)11,481
Net income (loss) attributable to common stockholders$ 14,139$ (16,370)
Net income (loss) per share attributable to common stockholders  
Basic (in dollars per share)$ 0.16$ (0.17)
Diluted (in dollars per share)$ 0.15$ (0.17)
Weighted-average shares used to compute net income (loss) per share attributable to common stockholders  
Basic (in shares)90,794,00095,565,000
Diluted (in shares)93,787,00095,565,000

DOCN Balance Sheet

2024-03-31
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
Current assets:  
Cash and cash equivalents$ 419,063$ 317,236
Marketable securities094,532
Accounts receivable, less allowance for credit losses of $5,811 and $5,848, respectively63,86662,186
Prepaid expenses and other current assets32,88429,040
Total current assets515,813502,994
Noncurrent assets:  
Property and equipment, net322,052305,444
Restricted cash1,7471,747
Goodwill348,322348,322
Intangible assets, net134,416140,151
Operating lease right-of-use assets, net156,002155,201
Deferred tax assets1,9451,994
Other assets5,2765,114
Total assets1,485,5731,460,967
Current liabilities:  
Accounts payable4,5363,957
Accrued other expenses24,39831,046
Deferred revenue5,4775,340
Operating lease liabilities, current81,21881,320
Other current liabilities73,32270,982
Total current liabilities188,951192,645
Noncurrent liabilities:  
Deferred tax liabilities3,5173,533
Long-term debt1,479,6871,477,798
Operating lease liabilities, non-current95,17491,161
Other long-term liabilities4,3169,528
Total liabilities1,771,6451,774,665
Commitments and Contingencies (Note 8)
Preferred stock ($0.000025 par value per share; 10,000,000 shares authorized; 0 shares issued and outstanding as of March 31, 2024 and December 31, 2023)00
Common stock ($0.000025 par value per share; 750,000,000 shares authorized; 91,264,101 and 90,243,442 issued and outstanding as of March 31, 2024 and December 31, 2023, respectively)22
Additional paid-in capital44,61530,989
Accumulated other comprehensive loss(591)(452)
Accumulated deficit(330,098)(344,237)
Total stockholders’ deficit(286,072)(313,698)
Total liabilities and stockholders’ deficit$ 1,485,573$ 1,460,967
DOCN
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.
 CEO
 WEBSITEdigitalocean.com
 INDUSTRYSoftware - Infra
 EMPLOYEES1204

DigitalOcean Holdings, Inc. Frequently Asked Questions


What is the ticker symbol for DigitalOcean Holdings, Inc.? What does DOCN stand for in stocks?

DOCN is the stock ticker symbol of DigitalOcean Holdings, Inc.. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of DigitalOcean Holdings, Inc. (DOCN)?

As of Fri Jun 14 2024, market cap of DigitalOcean Holdings, Inc. is 3.19 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of DOCN stock?

You can check DOCN's fair value in chart for subscribers.

What is the fair value of DOCN stock?

You can check DOCN's fair value in chart for subscribers. The fair value of DigitalOcean Holdings, Inc. is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of DigitalOcean Holdings, Inc. is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for DOCN so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is DigitalOcean Holdings, Inc. a good stock to buy?

The fair value guage provides a quick view whether DOCN is over valued or under valued. Whether DigitalOcean Holdings, Inc. is cheap or expensive depends on the assumptions which impact DigitalOcean Holdings, Inc.'s fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for DOCN.

What is DigitalOcean Holdings, Inc.'s Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri Jun 14 2024, DOCN's PE ratio (Price to Earnings) is 63.92 and Price to Sales (PS) ratio is 4.48. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. DOCN PE ratio will change depending on the future growth rate expectations of investors.