The stock of DigitalOcean Holdings Inc (DOCN) has gone down by -16.49% for the week, with a -4.03% drop in the past month and a -2.24% drop in the past quarter. The volatility ratio for the week is 7.50%, and the volatility levels for the past 30 days are 5.25% for DOCN. The simple moving average for the past 20 days is -13.27% for DOCN’s stock, with a -1.18% simple moving average for the past 200 days.
Is It Worth Investing in DigitalOcean Holdings Inc (NYSE: DOCN) Right Now?
DigitalOcean Holdings Inc (NYSE: DOCN) has a price-to-earnings ratio that is above its average at 43.78x. The stock has a 36-month beta value of 1.82. Opinions on the stock are mixed, with 4 analysts rating it as a “buy,” 4 as “overweight,” 6 as “hold,” and 0 as “sell.”
The public float for DOCN is 62.23M, and at present, short sellers hold a 11.27% of that float. On February 25, 2025, the average trading volume of DOCN was 956.43K shares.
DOCN) stock’s latest price update
DigitalOcean Holdings Inc (NYSE: DOCN) has experienced a decline in its stock price by -5.42 compared to its previous closing price of 39.30. However, the company has seen a fall of -16.49% in its stock price over the last five trading days. benzinga.com reported 2025-02-24 that Needham analyst Mike Cikos reiterated a Hold rating on the shares of DigitalOcean Holdings Inc DOCN.
Analysts’ Opinion of DOCN
Many brokerage firms have already submitted their reports for DOCN stocks, with Citigroup repeating the rating for DOCN by listing it as a “Buy.” The predicted price for DOCN in the upcoming period, according to Citigroup is $45 based on the research report published on January 24, 2025 of the current year 2025.
Cantor Fitzgerald, on the other hand, stated in their research note that they expect to see DOCN reach a price target of $39. The rating they have provided for DOCN stocks is “Neutral” according to the report published on January 17th, 2025.
Morgan Stanley gave a rating of “Overweight” to DOCN, setting the target price at $41 in the report published on January 16th of the current year.
DOCN Trading at -4.17% from the 50-Day Moving Average
After a stumble in the market that brought DOCN to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -20.95% of loss for the given period.
Volatility was left at 5.25%, however, over the last 30 days, the volatility rate increased by 7.50%, as shares sank -7.49% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -4.77% lower at present.
During the last 5 trading sessions, DOCN fell by -16.49%, which changed the moving average for the period of 200-days by +6.66% in comparison to the 20-day moving average, which settled at $42.86. In addition, DigitalOcean Holdings Inc saw 9.10% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at DOCN starting from Saha Bratin, who sale 4,516 shares at the price of $46.08 back on Feb 19 ’25. After this action, Saha Bratin now owns 365,729 shares of DigitalOcean Holdings Inc, valued at $208,097 using the latest closing price.
D’Angelo Lawrence M., the Chief Revenue Officer of DigitalOcean Holdings Inc, sale 10,551 shares at $45.00 during a trade that took place back on Feb 18 ’25, which means that D’Angelo Lawrence M. is holding 135,840 shares at $474,795 based on the most recent closing price.
Stock Fundamentals for DOCN
Current profitability levels for the company are sitting at:
- 0.09 for the present operating margin
- 0.6 for the gross margin
The net margin for DigitalOcean Holdings Inc stands at 0.11. The total capital return value is set at 0.05.
Based on DigitalOcean Holdings Inc (DOCN), the company’s capital structure generated 1.15 points at debt to capital in total, while cash flow to debt ratio is standing at 0.18. The debt to equity ratio resting at -7.68. The interest coverage ratio of the stock is 7.55.
Currently, EBITDA for the company is 153.59 million with net debt to EBITDA at 5.31. When we switch over and look at the enterprise to sales, we see a ratio of 6.1. The receivables turnover for the company is 8.57for trailing twelve months and the total asset turnover is 0.5. The liquidity ratio also appears to be rather interesting for investors as it stands at 3.14.
Conclusion
To sum up, DigitalOcean Holdings Inc (DOCN) has seen a mixed performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
