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DOCN

DigitalOcean Holdings, Inc.

DOCN

NYSE·Technology·Software - Infrastructure·Mkt cap $15.1B

$130.13

-9.99%

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Our plain-language verdict, the thesis, risk factors, and what is changing about the business.

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52-Week Range

$25.56 - $187.50

P/E

56.09

Fwd P/E

108.86

Beta

1.57

Div Yield

0.00%

Avg Vol

4.2M

Shares Out

102.4M

Mkt Cap

$15.1B

Price action

Price chart

Up 409.1% over the trailing year

1W
1M
3M
6M
YTD
1Y
5Y
MAX

Total returns

Price performance

Total return across standard periods - splits & dividends adjusted by FMP. Periods longer than 1Y show annualized in the tooltip.

Why we rate it this way

The thesis at a glance

Bull and bear case · plain-English context across the five lenses we evaluate.

Bull Case

4 reasons

  • Developer-first platform with simplified user experience and transparent pricing
  • Cost-effective alternative to AWS, Azure, and Google Cloud for SMBs and startups
  • Strong brand loyalty and community engagement among developers and technical users
  • Vertical integration of infrastructure and managed services reducing complexity

Bear Case

2 risks

  • Above-average volatility (beta 1.6).
  • Extreme premium - high expectations embedded

Growth

Moderate growth ahead

Increasing cloud adoption among startups and small-to-medium businesses globally

Value

Extreme premium - high expectations embedded

Momentum

Hot

+60.6% over 3m

Quality

Strong

Exceptional business - top-tier fundamentals

Dividend

None

No dividend

Earnings track record

Latest print - beat on both lines

AI-summarized recap of last quarter, plus the surprise on every print.

Next: May 4, 2026

Q2 26 RECAP

MAY 5, 2026

Reported EPS of $0.44 vs $0.27 consensus (+63.0% surprise). Revenue of $257.9M vs $249.8M expected (+3.3%). Beat on both top and bottom lines.

EPS beat +63.0%
Rev beat +3.3%
Double beat

EPS surprise · last 4Q

1 of 1 beats

Q2 26

+63.0%

Next: May 4, 2026

Revenue trend · last 8Q

+13%

+14%

+14%

+16%

+18%

+22%

Q2 24

Q3 24

Q4 24

Q1 25

Q2 25

Q3 25

Q4 25

Q1 26

$192.5M

$198.5M

$204.9M

$210.7M

$218.7M

$229.6M

$242.4M

$257.9M

Margins · last 8Q

Gross

Operating

Profit

6.1%

Wall Street consensus

12 analysts · 83% Buy

Live ratings and price targets aggregated across covering analysts.

Buy

10

83%

Hold

2

17%

Sell

0%

Median Price Target

$175.00

+34.5% vs $130.13

Low $97.00
Median $175.00
High $200.00

Latest: KeyBanc · $200.00 · Jun 2, 2026

8 analysts covering

vs Industry

How DOCN stacks vs Software - Infrastructure

Stock metrics vs industry averages. Green = better than industry.

Industry comparison data unavailable for this stock.