DigitalOcea Holdings Inc (DOCN) stock hits $53.56: Is it a good time to buy or wait for a dip?

Nora Barnes

DigitalOcea Holdings Inc [DOCN] stock prices are down -0.83% to $53.56 at the moment. 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 9.75% over the last week, with a monthly amount glided 10.89%, and seem to be holding up well over a long-time horizon.

From an analyst’s perspective:

Previously, BofA Securities upgraded its rating to Buy on November 06, 2025, and kept the price target unchanged to $60. Citigroup started tracking the stock assigning a Buy rating and suggested a price target of $45 on January 24, 2025. Cantor Fitzgerald initiated its recommendation with a Neutral and recommended $39 as its price target on January 17, 2025. Morgan Stanley upgraded its rating to Overweight for this stock on January 16, 2025, and upped its price target to $41. In a note dated May 22, 2024, UBS initiated a Neutral rating and provided a target price of $40 on this stock.

The stock price of DigitalOcea Holdings Inc [DOCN] has been fluctuating between $25.45 and $54.41 over the past year. Currently, Wall Street analysts expect the stock to reach $48.25 within the next 12 months. DigitalOcea Holdings Inc [NYSE: DOCN] shares were valued at $53.56 at the most recent close of the market. An investor can expect a potential drop of -9.91% based on the average DOCN price forecast.

Analyzing the DOCN fundamentals

The DigitalOcea Holdings Inc [NYSE:DOCN] reported sales of 863.96M for trailing twelve months, representing a surge of 15.69%. Gross Profit Margin for this corporation currently stands at 0.6% with Operating Profit Margin at 0.17%, Pretax Profit Margin comes in at 0.24%, and Net Profit Margin reading is 0.29%. To continue investigating profitability, this company’s Return on Assets is posted at 0.15, Equity is -1.53 and Total Capital is 0.11. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at -4.75.

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 52.70 points at the first support level, and at 51.85 for the second support level. However, for the 1st resistance point, the stock is sitting at 54.37, and for the 2nd resistance point, it is at 55.19.

Ratios To Look Out For

It’s worth pointing out that DigitalOcea Holdings Inc [NYSE:DOCN]’s Current Ratio is 1.13. As well, the Quick Ratio is 1.13, while the Cash Ratio is 0.73. Considering the valuation of this stock, the price to sales ratio is 5.67 and price to earnings (TTM) ratio is 21.73.

Transactions by insiders

Recent insider trading involved Saha Bratin, Chief Product & Tech Officer, that happened on Sep 03 ’25 when 13010.0 shares were sold. Officer, Saha Bratin completed a deal on Sep 03 ’25 to buy 13010.0 shares. Meanwhile, Former Director Butte Amy bought 23333.0 shares on Aug 28 ’25.

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