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DigitalOcean Holdings, Inc. (DOCN)

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41.09 -2.14 (-4.95%)
At close: September 23 at 4:00 PM EDT
41.95 +0.86 (+2.09%)
Pre-Market: 7:03 AM EDT
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DELL
  • Previous Close 43.23
  • Open 43.27
  • Bid 40.85 x 800
  • Ask 42.00 x 1100
  • Day's Range 39.20 - 43.26
  • 52 Week Range 19.39 - 43.88
  • Volume 2,495,836
  • Avg. Volume 1,373,746
  • Market Cap (intraday) 3.783B
  • Beta (5Y Monthly) 1.82
  • PE Ratio (TTM) 57.07
  • EPS (TTM) 0.72
  • Earnings Date Oct 31, 2024 - Nov 4, 2024
  • Forward Dividend & Yield --
  • Ex-Dividend Date --
  • 1y Target Est 38.75

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. Its 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 AI/ML applications. DigitalOcean Holdings, Inc. was incorporated in 2012 and is headquartered in New York, New York.

www.digitalocean.com

1,156

Full Time Employees

December 31

Fiscal Year Ends

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Performance Overview: DOCN

Trailing total returns as of 9/23/2024, which may include dividends or other distributions. Benchmark is

.

YTD Return

DOCN
11.99%
S&P 500
19.89%

1-Year Return

DOCN
69.65%
S&P 500
32.37%

3-Year Return

DOCN
51.70%
S&P 500
30.10%

5-Year Return

DOCN
0.99%
S&P 500
47.04%

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Statistics: DOCN

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Valuation Measures

Annual
As of 9/23/2024
  • Market Cap

    3.78B

  • Enterprise Value

    4.98B

  • Trailing P/E

    57.07

  • Forward P/E

    22.52

  • PEG Ratio (5yr expected)

    --

  • Price/Sales (ttm)

    5.44

  • Price/Book (mrq)

    --

  • Enterprise Value/Revenue

    6.77

  • Enterprise Value/EBITDA

    22.09

Financial Highlights

Profitability and Income Statement

  • Profit Margin

    9.30%

  • Return on Assets (ttm)

    4.42%

  • Return on Equity (ttm)

    --

  • Revenue (ttm)

    735.14M

  • Net Income Avi to Common (ttm)

    68.39M

  • Diluted EPS (ttm)

    0.72

Balance Sheet and Cash Flow

  • Total Cash (mrq)

    443.11M

  • Total Debt/Equity (mrq)

    --

  • Levered Free Cash Flow (ttm)

    139.65M

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