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DigitalOcean Holdings Inc
NYSE:DOCN

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DigitalOcean Holdings Inc
NYSE:DOCN
Watchlist
Price: 32.07 USD -0.65% Market Closed
Updated: Jul 27, 2024
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Wall Street
Price Targets

DOCN Price Targets Summary
DigitalOcean Holdings Inc

Wall Street analysts forecast DOCN stock price to rise over the next 12 months.

According to Wall Street analysts, the average 1-year price target for DOCN is 39.98 USD with a low forecast of 25.25 USD and a high forecast of 49.35 USD.

Lowest
Price Target
25.25 USD
21% Downside
Average
Price Target
39.98 USD
25% Upside
Highest
Price Target
49.35 USD
54% Upside

DOCN Last Price Targets
DigitalOcean Holdings Inc

The latest public price target was made on Jul 15, 2024 by James Fish from Piper Sandler , who expects DOCN stock to rise by 6% over the next 12 months. You can read more about this price target by viewing the article on TheFly.

Analyst Price Target Date Article
James Fish
Piper Sandler
34 USD
Upside 6%
1 week ago
Jul 15, 2024
DigitalOcean price target lowered to $34 from $38 at Piper Sandler
TheFly
Jeff Hickey
UBS
40 USD
Upside 25%
2 months ago
May 22, 2024
UBS Starts DigitalOcean (DOCN) at Neutral
StreetInsider
David Hynes
Canaccord Genuity
42 USD
Upside 31%
2 months ago
May 13, 2024
DigitalOcean price target raised to $42 from $41 at Canaccord
TheFly
Gabriela Borges
Goldman Sachs
33 USD
Upside 3%
8 months ago
Nov 7, 2023
Goldman Sachs Double Upgrades DigitalOcean (DOCN) to Buy
StreetInsider
James Fish
Piper Sandler
Price Target 34 USD
Upside/Downside 6%
View Source
Jeff Hickey
UBS
Price Target 40 USD
Upside/Downside 25%
View Source
David Hynes
Canaccord Genuity
Price Target 42 USD
Upside/Downside 31%
View Source
Gabriela Borges
Goldman Sachs
Price Target 33 USD
Upside/Downside 3%
View Source
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Revenue
Forecast

Revenue Estimate
DigitalOcean Holdings Inc

For the last 4 years the compound annual growth rate for DigitalOcean Holdings Inc's revenue is 28%. The projected CAGR for the next 3 years is 13%.

28%
Past Growth
13%
Estimated Growth
Estimates Accuracy
-2%
Average Miss

Operating Income
Forecast

Operating Income Estimate
DigitalOcean Holdings Inc

The compound annual growth rate of DigitalOcean Holdings Inc's operating income for the next 3 years is 83%.

N/A
Past Growth
83%
Estimated Growth
Estimates Accuracy
N/A
Average

Net Income
Forecast

Net Income Estimate
DigitalOcean Holdings Inc

The compound annual growth rate of DigitalOcean Holdings Inc's net income for the next 3 years is 119%.

N/A
Past Growth
119%
Estimated Growth
Estimates Accuracy
N/A
Average

See Also

Discover More
Why do you have more estimates than other sites?

Our estimates are sourced from the pool of sell-side and buy-side analysts that we have access to. What is available on other sites you are seeing are mostly from the sell-side analysts.

What is DOCN's stock price target?
Price Target
39.98 USD

According to Wall Street analysts, the average 1-year price target for DOCN is 39.98 USD with a low forecast of 25.25 USD and a high forecast of 49.35 USD.

What is DigitalOcean Holdings Inc's Revenue forecast?
Projected CAGR
13%

For the last 4 years the compound annual growth rate for DigitalOcean Holdings Inc's revenue is 28%. The projected CAGR for the next 3 years is 13%.

What is DigitalOcean Holdings Inc's Operating Income forecast?
Projected CAGR
83%

The compound annual growth rate of DigitalOcean Holdings Inc's operating income for the next 3 years is 83%.

What is DigitalOcean Holdings Inc's Net Income forecast?
Projected CAGR
119%

The compound annual growth rate of DigitalOcean Holdings Inc's net income for the next 3 years is 119%.