DigitalOcean Holdings Inc is a software - infrastructure business based in the US. DigitalOcean Holdings Inc shares (DOCN) are listed on the NYSE and all prices are listed in US Dollars. Its last market close was $39.60 – an increase of 7.46% over the previous week. DigitalOcean Holdings Inc employs 1,156 staff and has a trailing 12-month revenue of around $756.6 million.
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| Latest market close | $39.60 |
|---|---|
| 52-week range | $26.63 - $44.80 |
| 50-day moving average | $40.58 |
| 200-day moving average | $37.06 |
| Wall St. target price | $40.73 |
| PE ratio | 45.1977 |
| Dividend yield | N/A |
| Earnings per share (TTM) | $0.86 |
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.
Historical closes compared with the close of $38.87 from 2024-11-21
| 1 week (2024-11-15) | 5.48% |
|---|---|
| 1 month (2024-10-23) | -5.38% |
| 3 months (2024-08-23) | 2.29% |
| 6 months (2024-05-23) | 6.90% |
| 1 year (2023-11-22) | 34.54% |
|---|---|
| 2 years (2022-11-23) | 37.98% |
| 3 years (2021-11-23) | 98.96 |
| 5 years (2019-11-19) | N/A |
Valuing DigitalOcean Holdings Inc stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of DigitalOcean Holdings Inc's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
DigitalOcean Holdings Inc's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 45x. In other words, DigitalOcean Holdings Inc shares trade at around 45x recent earnings.
That's relatively high compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.
However, DigitalOcean Holdings Inc's P/E ratio is best considered in relation to those of others within the software - infrastructure industry or those of similar companies.
DigitalOcean Holdings Inc's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 1.8713. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.
The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into DigitalOcean Holdings Inc's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.
However, it's sensible to consider DigitalOcean Holdings Inc's PEG ratio in relation to those of similar companies.
DigitalOcean Holdings Inc's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $229 million.
The EBITDA is a measure of a DigitalOcean Holdings Inc's overall financial performance and is widely used to measure a its profitability.
To put DigitalOcean Holdings Inc's EBITDA into context you can compare it against that of similar companies.
| Revenue TTM | $756.6 million |
|---|---|
| Operating margin TTM | 12.4% |
| Gross profit TTM | $364.4 million |
| Return on assets TTM | 4.38% |
| Return on equity TTM | -38.68% |
| Profit margin | 10.86% |
| Book value | $-2.29 |
| Market Capitalization | $3.6 billion |
TTM: trailing 12 months
We're not expecting DigitalOcean Holdings Inc to pay a dividend over the next 12 months.
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Over the last 12 months, DigitalOcean Holdings Inc's shares have ranged in value from as little as $26.63 up to $44.8. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while DigitalOcean Holdings Inc's is 1.829. This would suggest that DigitalOcean Holdings Inc's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).
To put DigitalOcean Holdings Inc's beta into context you can compare it against those of similar companies.
DigitalOcean Holdings, Inc. , through its subsidiaries, operates a cloud computing platform in North America, Europe, Asia, and internationally. The company's platform provides on-demand infrastructure and platform tools for developers, start-ups, and small and growing digital businesses. It also offers infrastructure-as-a-service (IaaS) solutions comprising compute and storage services, as well as networking projects, including Cloud Firewalls software, Managed Load Balancers software, and Virtual Private Cloud (VPC). The company also provides platform-as-a-service (PaaS) solutions, such as managed databases; managed Kubernetes and container registry; application platform to build, deploy, and scale applications; Functions, a serverless compute solution; and Uptime for real-time uptime and latency alerts, as well as software-as-a-service (SaaS), including managed hosting and DigitalOcean Marketplace, a platform where developers can find pre-configured applications and solutions. In addition, it offers artificial intelligence (AI)/machine learning (ML) applications comprising GPU virtual machines for scaling AI applications; Notebooks, a simple cloud workspace that runs on GPUs that provides a managed interactive development environment for exploring data, and training and building machine learning models; and Deployments for deploying their machine learning model as an API endpoint. The company's customers include software engineers, researchers, data scientists, system administrators, students, and hobbyists.
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