DigitalOcean Holdings Inc (NYSE: DOCN) has a price-to-earnings ratio of 42.04x that is above its average ratio. Additionally, the 36-month beta value for DOCN is 1.83. There are mixed opinions on the stock, with 4 analysts rating it as a “buy,” 4 rating it as “overweight,” 6 rating it as “hold,” and 0 rating it as “sell.”
The public float for DOCN is 62.04M and currently, short sellers hold a 10.11% ratio of that float. The average trading volume of DOCN on March 21, 2025 was 1.23M shares.
DOCN) stock’s latest price update
The stock price of DigitalOcean Holdings Inc (NYSE: DOCN) has jumped by 0.41 compared to previous close of 36.40. Despite this, the company has seen a gain of 3.48% in its stock price over the last five trading days. fool.com reported 2025-03-08 that SoundHound AI (NASDAQ: SOUN) stock has witnessed a roller-coaster ride on the stock market in the past year. It rose remarkably after it emerged that Nvidia had a small stake in the company, before witnessing periods of volatility for much of 2024 and then closing the year on a terrific note.
DOCN’s Market Performance
DigitalOcean Holdings Inc (DOCN) has seen a 3.48% rise in stock performance for the week, with a -17.44% decline in the past month and a -3.23% plunge in the past quarter. The volatility ratio for the week is 3.51%, and the volatility levels for the past 30 days are at 6.36% for DOCN. The simple moving average for the past 20 days is -5.74% for DOCN’s stock, with a -3.31% simple moving average for the past 200 days.
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 -8.02% 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 -22.27% of loss for the given period.
Volatility was left at 6.36%, however, over the last 30 days, the volatility rate increased by 3.51%, as shares sank -15.08% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +2.67% upper at present.
During the last 5 trading sessions, DOCN rose by +3.48%, which changed the moving average for the period of 200-days by -1.35% in comparison to the 20-day moving average, which settled at $38.78. In addition, DigitalOcean Holdings Inc saw 7.28% 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 3,948 shares at the price of $36.63 back on Mar 18 ’25. After this action, Saha Bratin now owns 358,696 shares of DigitalOcean Holdings Inc, valued at $144,615 using the latest closing price.
Saha Bratin, the Officer of DigitalOcean Holdings Inc, proposed sale 3,948 shares at $36.63 during a trade that took place back on Mar 18 ’25, which means that Saha Bratin is holding shares at $144,615 based on the most recent closing price.
Stock Fundamentals for DOCN
Current profitability levels for the company are sitting at:
- 0.12 for the present operating margin
- 0.61 for the gross margin
The net margin for DigitalOcean Holdings Inc stands at 0.11. The total capital return value is set at 0.06.
Based on DigitalOcean Holdings Inc (DOCN), the company’s capital structure generated 1.14 points at debt to capital in total, while cash flow to debt ratio is standing at 0.17. The debt to equity ratio resting at -8.35. The interest coverage ratio of the stock is 9.99.
Currently, EBITDA for the company is 91.01 million with net debt to EBITDA at 6.06. When we switch over and look at the enterprise to sales, we see a ratio of 5.93. The receivables turnover for the company is 10.77for trailing twelve months and the total asset turnover is 0.48. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.45.
Conclusion
In conclusion, DigitalOcean Holdings Inc (DOCN) has seen mixed performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others rating it 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.
