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NYSE: DOCN
Digitalocean Holdings Inc Stock Forecast, Predictions & Price Target

Analyst price target for DOCN

Based on 6 analysts offering 12 month price targets for Digitalocean Holdings Inc.
Min Forecast
$38.00+2.56%
Avg Forecast
$42.67+15.16%
Max Forecast
$47.00+26.86%

Should I buy or sell DOCN stock?

Based on 6 analysts offering ratings for Digitalocean Holdings Inc.
Buy
Strong Buy
2 analysts 33.33%
Buy
2 analysts 33.33%
Hold
2 analysts 33.33%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

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DOCN stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2024-05-22
lockedlocked$00.00+00.00%2024-05-13Find Out Why
lockedlocked$00.00+00.00%2024-05-13
lockedlocked$00.00+00.00%2024-02-22
lockedlocked$00.00+00.00%2024-02-22
Barclays
Top 1%
100
Strong BuyMaintains$43.00+16.06%2024-01-12

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Forecast return on equity

Is DOCN forecast to generate an efficient return?
Company
N/A
Industry
42.68%
Market
27.85%

Forecast return on assets

Is DOCN forecast to generate an efficient return on assets?
Company
N/A
Industry
22.31%

DOCN revenue forecast

What is DOCN's revenue in the next 3 years based on estimates from 6 analysts?
Avg 1 year Forecast
$768.9M+7.91%
Avg 2 year Forecast
$867.4M+21.75%
Avg 3 year Forecast
$968.6M+35.94%
DOCN's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

DOCN earnings growth forecast

How is DOCN forecast to perform vs Software - Infrastructure companies and vs the US market?
Company
47.79%
Industry
9.14%
Market
17.84%
DOCN's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Industry Forecast
DOCN's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Market Forecast
DOCN's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Savings Rate Forecast

DOCN revenue growth forecast

How is DOCN forecast to perform vs Software - Infrastructure companies and vs the US market?
Company
10.75%
Industry
10.74%
Market
9.64%
DOCN's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
DOCN's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

DOCN vs Software Infrastructure Stocks

TickerPricePrice TargetUp/downsideConsensus
DOCN$37.05$42.67+15.16%Buy
FIVN$46.76$84.83+81.42%Strong Buy
TDC$32.61$44.63+36.84%Hold
ACIW$36.01$40.00+11.08%Strong Buy
BOX$27.25$30.33+11.31%Buy

Digitalocean Holdings Stock Forecast FAQ

Is Digitalocean Holdings Stock a good buy in 2024, according to Wall Street analysts?

The consensus among 6 Wall Street analysts covering (NYSE: DOCN) stock is to Buy DOCN stock.

Out of 6 analysts, 2 (33.33%) are recommending DOCN as a Strong Buy, 2 (33.33%) are recommending DOCN as a Buy, 2 (33.33%) are recommending DOCN as a Hold, 0 (0%) are recommending DOCN as a Sell, and 0 (0%) are recommending DOCN as a Strong Sell.

If you're new to stock investing, here's how to buy Digitalocean Holdings stock.

What is DOCN's revenue growth forecast for 2024-2026?

(NYSE: DOCN) Digitalocean Holdings's forecast annual revenue growth rate of 10.75% is forecast to beat the US Software - Infrastructure industry's average forecast revenue growth rate of 10.74%, and it is also forecast to beat the US market's average forecast revenue growth rate of 9.64%.

Digitalocean Holdings's revenue in 2024 is $712,480,000.On average, 6 Wall Street analysts forecast DOCN's revenue for 2024 to be $70,036,293,188, with the lowest DOCN revenue forecast at $69,830,608,978, and the highest DOCN revenue forecast at $70,495,575,644. On average, 6 Wall Street analysts forecast DOCN's revenue for 2025 to be $79,015,620,451, with the lowest DOCN revenue forecast at $76,088,582,937, and the highest DOCN revenue forecast at $81,781,790,687.

In 2026, DOCN is forecast to generate $88,228,323,687 in revenue, with the lowest revenue forecast at $84,760,476,982 and the highest revenue forecast at $90,993,856,283.

What is DOCN's forecast return on assets (ROA) for 2024-2027?

(NYSE: DOCN) forecast ROA is N/A, which is lower than the forecast US Software - Infrastructure industry average of 22.31%.

What is DOCN's Price Target?

According to 6 Wall Street analysts that have issued a 1 year DOCN price target, the average DOCN price target is $42.67, with the highest DOCN stock price forecast at $47.00 and the lowest DOCN stock price forecast at $38.00.

On average, Wall Street analysts predict that Digitalocean Holdings's share price could reach $42.67 by May 22, 2025. The average Digitalocean Holdings stock price prediction forecasts a potential upside of 15.16% from the current DOCN share price of $37.05.

What is DOCN's forecast return on equity (ROE) for 2024-2027?

(NYSE: DOCN) forecast ROE is N/A, which is considered weak.
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