Finder makes money from featured partners, but editorial opinions are our own. Advertiser disclosure

How to buy DigitalOcean Holdings Inc stock (DigitalOcean Holdings Inc)

Buy DigitalOcean Holdings Inc stock in 5 easy steps, view past price performance and learn what’s ahead for the company.

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. DigitalOcean Holdings Inc employs 1,156 staff and has a trailing 12-month revenue of around $712.5 million.

Our top picks for where to buy DigitalOcean stock

Top pick for advanced traders

Go to site
Get up to $5,000 cash
  • Trade options, futures, options on futures, stocks, ETFs
  • $0 commission to close options
  • Pro-grade platform and risk analysis tools

Best for beginners

Go to site
Get up to $10,000 cash
  • Trade stocks, options, ETFs, mutual funds, alternative asset funds
  • $0 commission on stocks, ETFs and options, with no options contract fees
  • No-cost financial planning and automated investing

Our pick for cash sweep

Go to site
Advanced charts and trading tools
  • Trade stocks, ETFs and equity options without commission and $0 option contract fees
  • Earn up to 8.1% APY on your uninvested cash
  • Get a 1.5% match in cash on transferred assets up to $300 or up to 15 free fractional shares worth between $2 and $2,000

How to buy DigitalOcean Holdings Inc stock

  1. Choose a stock trading platform. Use our comparison table
  2. Open an account. Provide your personal information and sign up.
  3. Fund your account. Deposit funds into your account by linking your banking information or transfer funds from another trading account.
  4. Search for the stock name – DOCN. Search for the stock by name or ticker symbol.
  5. Buy the stock. Place your order. It's that simple.

Buy DigitalOcean Holdings Inc stock from these online trading platforms

Compare special offers, low fees and a wide range of investment options among top trading platforms.
1 - 4 of 4
Name Product Ratings Available asset types Stock trade fee Minimum deposit Cash sweep APY Signup bonus
Tastytrade
Finder Score: 4.4 / 5: ★★★★★
Tastytrade
★★★★★
Stocks, Options, ETFs, Cryptocurrency, Futures, Treasury Bills
$0
$0
N/A
Get $50-$5,000
Competitive, capped options commissions, with a reliable trading platform designed for serious traders.
SoFi Invest®
Finder Score: 4.2 / 5: ★★★★★
SoFi Invest®
★★★★★
Stocks, Options, Mutual funds, ETFs, Alternatives
$0
$0
0.02%
Get up to $10,000 cash
Commission-free stocks, ETFs and options, with no options per-contract fees. Plus, a no-cost robo-advisor and complimentary access to certified financial planners (CFPs).
Moomoo
Finder Score: 4.3 / 5: ★★★★★
Exclusive
Moomoo
★★★★★
Stocks, Options, ETFs
$0
$0
Up to 8.10%
Choose a 1.5% match or up to 15 free fractional shares
No commission stock, ETF and options trades, with $0 equity options contract fees, low margin rates and advanced trading tools.
Public.com
Finder Score: 4.2 / 5: ★★★★★
Public.com
★★★★★
Stocks, Bonds, Options, ETFs, Cryptocurrency, Alternatives, Treasury Bills, High-yield cash account
$0
$0
5.1%
Get up to $10,000 and transfer fees covered
Build a diversified portfolio of stocks, bonds, options, ETFs, crypto and alternative assets, with a high-yield cash account and options contract rebates.
loading

Paid non-client promotion. Finder does not invest money with providers on this page. If a brand is a referral partner, we're paid when you click or tap through to, open an account with or provide your contact information to the provider. Partnerships are not a recommendation for you to invest with any one company. Learn more about how we make money.

Finder is not an advisor or brokerage service. Information on this page is for educational purposes only and not a recommendation to invest with any one company, trade specific stocks or fund specific investments. All editorial opinions are our own.

DigitalOcean Holdings Inc stock price (NYSE: DOCN)

Use our graph to track the performance of DOCN stocks over time.

DigitalOcean Holdings Inc shares at a glance

Information last updated 2024-07-07.
Latest market close$33.20
52-week range$19.39 - $51.69
50-day moving average $35.65
200-day moving average $33.02
Wall St. target price$39.60
PE ratio 66.7692
Dividend yield N/A (0%)
Earnings per share (TTM) $0.52

Is it a good time to buy DigitalOcean Holdings Inc stock?

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.

DigitalOcean Holdings Inc price performance over time

Historical closes compared with the close of $33.2 from 2024-07-12

1 week (2024-07-05) -4.38%
1 month (2024-06-14) -5.22%
3 months (2024-04-12) -5.44%
6 months (2024-01-12) -6.92%
1 year (2023-07-14) -28.80%
2 years (2022-07-14) -3.77%
3 years (2021-07-14) 50.93
5 years (2019-07-10) N/A

Is DigitalOcean Holdings Inc stock undervalued or overvalued?

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 P/E ratio

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 67x. In other words, DigitalOcean Holdings Inc shares trade at around 67x 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 PEG ratio

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

DigitalOcean Holdings Inc's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $201 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.

DigitalOcean Holdings Inc financials

Revenue TTM $712.5 million
Operating margin TTM 8.7%
Gross profit TTM $364.4 million
Return on assets TTM 3.56%
Return on equity TTM -38.68%
Profit margin 7.01%
Book value $-3.14
Market Capitalization $3.2 billion

TTM: trailing 12 months

DigitalOcean Holdings Inc share dividends

We're not expecting DigitalOcean Holdings Inc to pay a dividend over the next 12 months.

You may also wish to consider:

DigitalOcean Holdings Inc share price volatility

Over the last 12 months, DigitalOcean Holdings Inc's shares have ranged in value from as little as $19.39 up to $51.69. A popular way to gauge a stock's volatility is its "beta".

DOCN.US volatility(beta: 1.81)Avg. volatility(beta: 1.00)LowHigh

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 1.813. 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 overview

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.

Frequently asked questions

What percentage of DigitalOcean Holdings Inc is owned by insiders or institutions?
Currently 32.175% of DigitalOcean Holdings Inc shares are held by insiders and 55.285% by institutions.
How many people work for DigitalOcean Holdings Inc?
Latest data suggests 1,156 work at DigitalOcean Holdings Inc.
When does the fiscal year end for DigitalOcean Holdings Inc?
DigitalOcean Holdings Inc's fiscal year ends in December.
Where is DigitalOcean Holdings Inc based?
DigitalOcean Holdings Inc's address is: 101 6th Avenue, New York, NY, United States, 10013
What is DigitalOcean Holdings Inc's ISIN number?
DigitalOcean Holdings Inc's international securities identification number is: US25402D1028

More guides on Finder

Ask a Question

Finder.com provides guides and information on a range of products and services. Because our content is not financial advice, we suggest talking with a professional before you make any decision.

By submitting your comment or question, you agree to our Privacy and Cookies Policy and finder.com Terms of Use.

Questions and responses on finder.com are not provided, paid for or otherwise endorsed by any bank or brand. These banks and brands are not responsible for ensuring that comments are answered or accurate.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Go to site