15-min delayed · Jul 28, 3:45 PM ET · Get real-time quotes →
The Quantellect read.Of the 14 firms covering DigitalOcean Holdings Inc, 12 rate it Buy or better, 2 sit at Hold, and 0 rate it Sell or worse, a moderate buy consensus. Targets range widely, $83.00 to $200.00 (about 2.4x), a sign of real disagreement on valuation. The average target of $153.14 sits 36% above the current $112.56. The rating mix has stayed broadly stable, with Buy-side ratings edging up from 9 to 12 over recent months. On the fundamentals, the Street sees consensus EPS building from about $0.28 next quarter toward $1.86 the year after.Descriptive synthesis of third-party analyst data, not a Quantellect rating or recommendation.
ANALYST CONSENSUS14 ratings
Moderate Buy
Strong Buy00%
Buy1286%
Hold214%
Sell00%
Strong Sell00%
Based on 14 analysts giving stock ratings to DigitalOcean Holdings Inc.
As of Jul, 12 of 14 firms rate DOCN a Buy (2 Hold, 0 Sell), the standing distribution of every covering firm's most recent active call.
DOCN EPS & revenue forecast
EPS · NEXT QUARTER
$0.28
Range $0.21 – $0.39 · 16 analysts · -48% YoY
Next period, 16 analysts expect DigitalOcean Holdings Inc to earn $0.28 a share (range $0.21 – $0.39), versus $0.54 a year earlier. Full-year consensus is $1.23, growing to $1.86 the year after.
REVENUE · NEXT QUARTER
$297.6M
Range $291.4M – $306.0M · 16 analysts · +30% YoY
Revenue is expected to reach $297.6M (range $291.4M – $306.0M), +29.6% year-over-year. Full-year consensus is $1.2B, rising to $1.8B next year.
Top analysts covering DigitalOcean Holdings Inc
Ranked by each analyst's overall Quantellect track record across all the stocks they cover, shown with their current call on DOCN.
#1
Raimo Lenschow
Barclays · Rank #285
Buy
$184.00+63.5% to target
Overall win rate
37%
+ Follow
#2
Patrick Walravens
JMP Securities · Rank #378
Buy
$175.00+55.5% to target
Overall win rate
15%
+ Follow
#3
RS
Radi Sultan
UBS
Hold
$155.00+37.7% to target
Coverage
—
+ Follow
#4
Thomas Blakey
Cantor Fitzgerald
Buy
$177.00+57.2% to target
Coverage
—
+ Follow
#5
MZ
Mark Zhang
Citigroup
Buy
$185.00+64.3% to target
Coverage
—
+ Follow
DOCN stock forecast FAQ
What is DOCN's average 12-month price target?+
The 14 analysts with a live target average $153.14 for DigitalOcean Holdings Inc over the next 12 months, ranging from a $200.00 high to a $83.00 low.
Is DOCN stock a Buy, Sell or Hold right now?+
The current consensus is Moderate Buy. Of the 14 analyst ratings, 12 are Buy or Strong Buy, 2 are Hold, and 0 are Sell or Strong Sell.
What are the highest and lowest price targets for DOCN?+
The Street-high target is $200.00 (Canaccord Genuity), and the Street-low is $83.00 (Cantor Fitzgerald). The average of all 14 active targets is $153.14.
How many Wall Street analysts cover DOCN?+
14 analysts have an active rating on DigitalOcean Holdings Inc, and 14 firms carry a live 12-month price target.
Who is the most accurate analyst covering DOCN?+
Among analysts who currently cover DOCN, Raimo Lenschow of Barclays has the strongest overall Quantellect track record (Rank #285). Their current call is Buy with a $184.00 target.
What is DigitalOcean Holdings Inc's projected EPS for next quarter?+
The consensus estimate is $0.28 per share (range $0.21 – $0.39) across 16 analysts. Full-year EPS is projected at $1.23, rising to $1.86 the following year.
How much revenue is DigitalOcean Holdings Inc expected to report next quarter?+
Consensus revenue is $297.6M (range $291.4M – $306.0M). Full-year revenue is projected at $1.2B, growing to $1.8B next year.
Have analysts been upgrading or downgrading DOCN lately?+
As of Jul, 12 of 14 firms rate DOCN a Buy (2 Hold, 0 Sell), the standing distribution of every covering firm's most recent active call.
How are the analysts on this page ranked?+
By each analyst's overall Quantellect track record — a sample-adjusted measure of how accurate their calls have been across every stock they cover. We do not rank on their DOCN calls alone, since a single stock is too small a sample to be reliable.
Which data on this page is live, and how often does it update?+
Price and daily change are 15-minute delayed market data. Analyst ratings, targets, consensus and earnings estimates are aggregated from multiple data providers and refresh daily.
Disclaimer: Ratings, price targets, consensus and earnings estimates on this page describe third-party analyst research aggregated from multiple data providers and refreshed daily; price and daily change are 15-minute delayed. These are historical opinions, not recommendations, and nothing on this page, including The Quantellect read, is a rating, a price target, or investment advice from Quantellect. Always do your own research and consult a licensed financial advisor before making investment decisions.
