At the time of writing, DigitalOcean Holdings Inc [DOCN] stock is trading at $30.85, up 0.33%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The DOCN shares have gain 19.07% over the last week, with a monthly amount drifted -13.17%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
DigitalOcean Holdings Inc [NYSE: DOCN] stock has seen the most recent analyst activity on January 24, 2025, when Citigroup initiated its Buy rating and assigned the stock a price target of $45. Previously, Cantor Fitzgerald started tracking the stock with Neutral rating on January 17, 2025, and set its price target to $39. On January 16, 2025, upgrade upgraded it’s rating to Overweight and revised its price target to $41 on the stock. UBS started tracking the stock assigning a Neutral rating and suggested a price target of $40 on May 22, 2024. Oppenheimer upgraded its rating to a Outperform but $37 remained the price target by the analyst firm on November 21, 2023. Goldman upgraded its rating to Buy for this stock on November 07, 2023, but kept the price target unchanged to $33. In a note dated October 23, 2023, Piper Sandler upgraded an Neutral rating on this stock and revised its target price from $30 to $22.
For the past year, the stock price of DigitalOcean Holdings Inc fluctuated between $25.45 and $47.02. Currently, Wall Street analysts expect the stock to reach $45.5 within the next 12 months. DigitalOcean Holdings Inc [NYSE: DOCN] shares were valued at $30.85 at the most recent close of the market. An investor can expect a potential return of 47.49% based on the average DOCN price forecast.
Analyzing the DOCN fundamentals
According to DigitalOcean Holdings Inc [NYSE:DOCN], the company’s sales were 780.62M for trailing twelve months, which represents an 13.30% jump. Gross Profit Margin for this corporation currently stands at 0.61% with Operating Profit Margin at 0.12%, Pretax Profit Margin comes in at 0.13%, and Net Profit Margin reading is 0.11%. To continue investigating profitability, this company’s Return on Assets is posted at 0.05, Equity is -0.35 and Total Capital is 0.06. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at -8.35.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 30.32 points at the first support level, and at 29.80 for the second support level. However, for the 1st resistance point, the stock is sitting at 31.29, and for the 2nd resistance point, it is at 31.74.
Ratios To Look Out For
It is important to note that DigitalOcean Holdings Inc [NYSE:DOCN] has a current ratio of 2.45. As well, the Quick Ratio is 2.45, while the Cash Ratio is 1.94. Considering the valuation of this stock, the price to sales ratio is 3.63 and price to earnings (TTM) ratio is 35.48.
Transactions by insiders
Recent insider trading involved Saha Bratin, Chief Product & Tech Officer, that happened on Apr 21 ’25 when 3461.0 shares were sold. Officer, Saha Bratin completed a deal on Apr 21 ’25 to buy 3461.0 shares. Meanwhile, Chief Product & Tech Officer Saha Bratin sold 3948.0 shares on Mar 18 ’25.
