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DigitalOcean Holdings Inc
NYSE:DOCN

Watchlist Manager
DigitalOcean Holdings Inc
NYSE:DOCN
Watchlist
Price: 38.4 USD 1.27% Market Closed
Updated: Mar 2, 2024

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 40.01 USD with a low forecast of 25.25 USD and a high forecast of 49.35 USD.

Lowest
Price Target
25.25 USD
34% Downside
Average
Price Target
40.01 USD
4% Upside
Highest
Price Target
49.35 USD
29% Upside

DOCN Last Price Targets
DigitalOcean Holdings Inc

The latest public price target was made on Nov 7, 2023 by Gabriela Borges from Goldman Sachs , who expects DOCN stock to drop by 14% over the next 12 months. You can read more about this price target by viewing the article on StreetInsider.

Analyst Price Target Date Article
Gabriela Borges
Goldman Sachs
33 USD
Downside 14%
3 months ago
Nov 7, 2023
Goldman Sachs Double Upgrades DigitalOcean (DOCN) to Buy
StreetInsider
Gabriela Borges
Goldman Sachs
Price Target 33 USD
Upside/Downside 14%
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 15%.

28%
Past Growth
15%
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 106%.

N/A
Past Growth
106%
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 123%.

N/A
Past Growth
123%
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
40.01 USD

According to Wall Street analysts, the average 1-year price target for DOCN is 40.01 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
15%

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 15%.

What is DigitalOcean Holdings Inc's Operating Income forecast?
Projected CAGR
106%

The compound annual growth rate of DigitalOcean Holdings Inc's operating income for the next 3 years is 106%.

What is DigitalOcean Holdings Inc's Net Income forecast?
Projected CAGR
123%

The compound annual growth rate of DigitalOcean Holdings Inc's net income for the next 3 years is 123%.