Digitalocean Holdings Stock Analysis
| DOCN Stock | USD 32.71 0.26 0.80% |
DigitalOcean Holdings is overvalued with Real Value of 29.05 and Target Price of 33.44. The main objective of DigitalOcean Holdings stock analysis is to determine its intrinsic value, which is an estimate of what DigitalOcean Holdings is worth, separate from its market price. There are two main types of DigitalOcean Holdings' stock analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic factors that affect DigitalOcean Holdings' performance, such as revenue growth, earnings, and financial stability. Technical analysis, on the other hand, focuses on the price and volume data of DigitalOcean Holdings' stock to identify patterns and trends that may indicate its future price movements.
The DigitalOcean Holdings stock is traded in the USA on New York Stock Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. DigitalOcean Holdings is usually not traded on Thanksgiving Day, Christmas Day, New Year 's Day, Dr . Martin Luther King Jr 's Birthday, Washington 's Birthday, Good Friday, Memorial Day, Juneteenth Holiday, Independence Day, Labour Day. DigitalOcean Stock trading window is adjusted to America/New York timezone. Here, you can get updates on important government artifacts, including earning estimates, SEC corporate filings, announcements, and DigitalOcean Holdings' ongoing operational relationships across important fundamental and technical indicators.
DigitalOcean |
DigitalOcean Stock Analysis Notes
About 33.0% of the company shares are held by company insiders. The company has Price/Earnings To Growth (PEG) ratio of 1.87. DigitalOcean Holdings had not issued any dividends in recent years. DigitalOcean Holdings, Inc., through its subsidiaries, operates a cloud computing platform in North America, Europe, Asia, and internationally. DigitalOcean Holdings, Inc. was incorporated in 2012 and is headquartered in New York, New York. Digitalocean Holdings operates under SoftwareInfrastructure classification in the United States and is traded on New York Stock Exchange. It employs 786 people. To learn more about DigitalOcean Holdings call Padmanabhan Srinivasan at 646 827 4366 or check out https://www.digitalocean.com.DigitalOcean Holdings Quarterly Total Revenue |
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DigitalOcean Holdings Investment Alerts
Many investors view ongoing market volatility as an opportunity to purchase more stocks at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. DigitalOcean Holdings' investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding DigitalOcean Holdings or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
| DigitalOcean Holdings has high likelihood to experience some financial distress in the next 2 years | |
| About 33.0% of the company shares are held by company insiders | |
| Latest headline from finance.yahoo.com: Q4 Earnings Roundup DigitalOcean And The Rest Of The Data Storage Segment |
DigitalOcean Holdings Upcoming and Recent Events
Earnings reports are used by DigitalOcean Holdings to provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Every quarterly earnings report provides investors with three things: an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to DigitalOcean Holdings previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 21st of February 2024 Upcoming Quarterly Report | View | |
| 14th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 21st of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
DigitalOcean Largest EPS Surprises
Earnings surprises can significantly impact DigitalOcean Holdings' stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2022-02-24 | 2021-12-31 | 0.09 | 0.1 | 0.01 | 11 | ||
2022-05-04 | 2022-03-31 | 0.12 | 0.07 | -0.05 | 41 | ||
2021-11-04 | 2021-09-30 | 0.07 | 0.12 | 0.05 | 71 |
DigitalOcean Holdings Thematic Classifications
In addition to having DigitalOcean Holdings stock in your portfolios, you can add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your favorite investment opportunity, you can then obtain an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility. If you are a result-oriented investor, you can benefit from optimizing one of our existing themes to build an efficient portfolio against your specific investing outlook.
 | Business ServicesUSA Equities from Business Services industry as classified by Fama & French |
DigitalOcean Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument such as DigitalOcean Holdings is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading DigitalOcean Holdings backward and forwards among themselves. DigitalOcean Holdings' institutional investor refers to the entity that pools money to purchase DigitalOcean Holdings' securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Goldman Sachs Group Inc | 2023-12-31 | 898.6 K | Principal Financial Group Inc | 2023-12-31 | 861 K | Jacobs Levy Equity Management, Inc. | 2023-09-30 | 784 K | Dimensional Fund Advisors, Inc. | 2023-12-31 | 774.4 K | Fuller & Thaler Asset Management Inc | 2023-12-31 | 711.2 K | Hood River Capital Management Llc | 2023-12-31 | 692.4 K | Mubadala Investment Company Pjsc | 2023-12-31 | 596.4 K | Fmr Inc | 2023-12-31 | 594.7 K | Northern Trust Corp | 2023-12-31 | 568.9 K | Vanguard Group Inc | 2023-12-31 | 6 M | Blackrock Inc | 2023-12-31 | 5.2 M |
DigitalOcean Market Capitalization
The company currently falls under 'Mid-Cap' category with a current market capitalization of 2.96 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate DigitalOcean Holdings's market, we take the total number of its shares issued and multiply it by DigitalOcean Holdings's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.DigitalOcean Profitablity
DigitalOcean Holdings' profitability indicators refer to fundamental financial ratios that showcase DigitalOcean Holdings' ability to generate income relative to its revenue or operating costs. If, let's say, DigitalOcean Holdings is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, DigitalOcean Holdings' executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of DigitalOcean Holdings' profitability requires more research than a typical breakdown of DigitalOcean Holdings' financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Profit Margin (PM) of 0.03 %, which maeans that even a very small decline in it revenue will erase profits resulting in a net loss. This is way below average. Similarly, it shows Operating Margin (OM) of 0.25 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.25. | Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.02 | 0.02 | |
| Return On Capital Employed | 0.01 | 0.01 | |
| Return On Assets | 0.01 | 0.01 | |
| Return On Equity | (0.06) | (0.06) |
Management Efficiency
DigitalOcean Holdings has return on total asset (ROA) of 0.0254 % which means that it generated a profit of $0.0254 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (0.3868) %, meaning that it created substantial loss on money invested by shareholders. DigitalOcean Holdings' management efficiency ratios could be used to measure how well DigitalOcean Holdings manages its routine affairs as well as how well it operates its assets and liabilities. At this time, DigitalOcean Holdings' Return On Tangible Assets are very stable compared to the past year. As of the 23rd of April 2024, Return On Capital Employed is likely to grow to 0.01, though Return On Equity is likely to grow to (0.06). At this time, DigitalOcean Holdings' Total Current Assets are very stable compared to the past year. As of the 23rd of April 2024, Return On Tangible Assets is likely to grow to 0.02, though Net Tangible Assets are likely to grow to (416.8 M).| Last Reported | Projected for Next Year | ||
| Book Value Per Share | (3.48) | (3.31) | |
| Net Current Asset Value | 0.00 | 0.00 | |
| Tangible Asset Value | 0.00 | 0.00 | |
| Tangible Book Value Per Share | (8.90) | (8.45) | |
| Enterprise Value Over EBITDA | 26.63 | 25.29 | |
| Price Book Value Ratio | (10.54) | (11.07) | |
| Enterprise Value Multiple | 26.63 | 25.29 | |
| Price Fair Value | (10.54) | (11.07) | |
| Enterprise Value | 7.5 B | 6.7 B |
The analysis of DigitalOcean Holdings' management efficiency is an essential part of evaluating and assessing the financial and operational performance of the entity. It is also vital to analyze DigitalOcean Holdings' future growth prospects and the overall market conditions to determine the value and potential of its stock. The analysis involves studying a range of financial metrics such as revenue, earnings, profit margins, cash flow, debt, market share, and external factors such as economic trends, industry outlook, competition, and government regulations. The goal of DigitalOcean Stock analysis is to determine whether it is undervalued, fairly valued, or overvalued and to make informed investment decisions.
Beta 1.794 |
Technical Drivers
As of the 23rd of April, DigitalOcean Holdings shows the Mean Deviation of 2.25, standard deviation of 2.97, and Variance of 8.81. DigitalOcean Holdings technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to break down thirteen technical drivers for DigitalOcean Holdings, which can be compared to its peers. Please confirm DigitalOcean Holdings mean deviation, information ratio, as well as the relationship between the Information Ratio and potential upside to decide if DigitalOcean Holdings is priced favorably, providing market reflects its regular price of 32.71 per share. Given that DigitalOcean Holdings has information ratio of (0.05), we urge you to verify DigitalOcean Holdings's prevailing market performance to make sure the company can sustain itself at a future point.DigitalOcean Holdings Price Movement Analysis
The output start index for this execution was thirteen with a total number of output elements of fourty-eight. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. DigitalOcean Holdings middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for DigitalOcean Holdings. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
DigitalOcean Holdings Insider Trading Activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific DigitalOcean Holdings insiders, such as employees or executives, is commonly permitted as long as it does not rely on DigitalOcean Holdings' material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases DigitalOcean Holdings insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
DigitalOcean Holdings Predictive Daily Indicators
DigitalOcean Holdings intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of DigitalOcean Holdings stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
DigitalOcean Holdings Corporate Filings
| 19th of April 2024 Other Reports | ViewVerify | |
F4 | 15th of April 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
F4 | 2nd of April 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
F4 | 14th of March 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
F4 | 5th of March 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
F4 | 27th of February 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
F4 | 23rd of February 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
8K | 21st of February 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
DigitalOcean Holdings Forecast Models
DigitalOcean Holdings' time-series forecasting models are one of many DigitalOcean Holdings' stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary DigitalOcean Holdings' historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.About DigitalOcean Stock Analysis
Stock analysis is the technique used by a trader or investor to examine and evaluate how DigitalOcean Holdings prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling DigitalOcean shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as DigitalOcean Holdings. By using and applying DigitalOcean Stock analysis, traders can create a robust methodology for identifying DigitalOcean entry and exit points for their positions.
| Last Reported | Projected for Next Year | ||
| Pretax Profit Margin | 0.04 | 0.04 | |
| Operating Profit Margin | 0.02 | 0.02 | |
| Net Profit Margin | 0.03 | 0.03 | |
| Gross Profit Margin | 0.59 | 0.46 |
Current DigitalOcean Analysis - Recommendations
We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. DigitalOcean analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. DigitalOcean analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
| Target Price | Advice | # of Analysts | |
| 33.44 | Buy | 13 | Odds |
Most DigitalOcean analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand DigitalOcean stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of DigitalOcean Holdings, talking to its executives and customers, or listening to DigitalOcean conference calls.
DigitalOcean Stock Analysis Indicators
DigitalOcean Holdings stock analysis indicators help investors evaluate how DigitalOcean Holdings stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading DigitalOcean Holdings shares will generate the highest return on investment. By understating and applying DigitalOcean Holdings stock analysis, traders can identify DigitalOcean Holdings position entry and exit signals to maximize returns.
| Begin Period Cash Flow | 151.8 M | |
| Long Term Debt | 1.5 B | |
| Common Stock Shares Outstanding | 90.1 M | |
| Total Stockholder Equity | -313.7 M | |
| Tax Provision | 7.4 M | |
| Quarterly Earnings Growth Y O Y | 1.525 | |
| Property Plant And Equipment Net | 460.6 M | |
| Cash And Short Term Investments | 411.8 M | |
| Cash | 317.2 M | |
| Accounts Payable | 4 M | |
| Net Debt | 1.3 B | |
| 50 Day M A | 37.7344 | |
| Total Current Liabilities | 192.6 M | |
| Other Operating Expenses | 660.1 M | |
| Non Current Assets Total | 958 M | |
| Forward Price Earnings | 21.5517 | |
| Non Currrent Assets Other | 5.1 M | |
| Stock Based Compensation | 88.3 M |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in DigitalOcean Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators. To learn how to invest in DigitalOcean Stock, please use our How to Invest in DigitalOcean Holdings guide.Note that the DigitalOcean Holdings information on this page should be used as a complementary analysis to other DigitalOcean Holdings' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
Complementary Tools for DigitalOcean Stock analysis
When running DigitalOcean Holdings' price analysis, check to measure DigitalOcean Holdings' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy DigitalOcean Holdings is operating at the current time. Most of DigitalOcean Holdings' value examination focuses on studying past and present price action to predict the probability of DigitalOcean Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move DigitalOcean Holdings' price. Additionally, you may evaluate how the addition of DigitalOcean Holdings to your portfolios can decrease your overall portfolio volatility.
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Is DigitalOcean Holdings' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of DigitalOcean Holdings. If investors know DigitalOcean will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about DigitalOcean Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 1.525 | Earnings Share 0.2 | Revenue Per Share 7.687 | Quarterly Revenue Growth 0.11 | Return On Assets 0.0254 |
The market value of DigitalOcean Holdings is measured differently than its book value, which is the value of DigitalOcean that is recorded on the company's balance sheet. Investors also form their own opinion of DigitalOcean Holdings' value that differs from its market value or its book value, called intrinsic value, which is DigitalOcean Holdings' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because DigitalOcean Holdings' market value can be influenced by many factors that don't directly affect DigitalOcean Holdings' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between DigitalOcean Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if DigitalOcean Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, DigitalOcean Holdings' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.