D

DigitalOcean Holdings Inc
NYSE:DOCN

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DigitalOcean Holdings Inc
NYSE:DOCN
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Price: 35.7 USD 0.71% Market Closed
Market Cap: 3.3B USD
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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 41.54 USD with a low forecast of 28.28 USD and a high forecast of 50.4 USD.

Lowest
Price Target
28.28 USD
21% Downside
Average
Price Target
41.54 USD
16% Upside
Highest
Price Target
50.4 USD
41% 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 drop by 5% 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
Downside 5%
5 months ago
Jul 15, 2024
DigitalOcean price target lowered to $34 from $38 at Piper Sandler
TheFly
Jeff Hickey
UBS
40 USD
Upside 12%
7 months ago
May 22, 2024
UBS Starts DigitalOcean (DOCN) at Neutral
StreetInsider
David Hynes
Canaccord Genuity
42 USD
Upside 18%
7 months ago
May 13, 2024
DigitalOcean price target raised to $42 from $41 at Canaccord
TheFly
Gabriela Borges
Goldman Sachs
33 USD
Downside 8%
1 year ago
Nov 7, 2023
Goldman Sachs Double Upgrades DigitalOcean (DOCN) to Buy
StreetInsider
James Fish
Piper Sandler
Price Target 34 USD
Upside/Downside 5%
View Source
Jeff Hickey
UBS
Price Target 40 USD
Upside/Downside 12%
View Source
David Hynes
Canaccord Genuity
Price Target 42 USD
Upside/Downside 18%
View Source
Gabriela Borges
Goldman Sachs
Price Target 33 USD
Upside/Downside 8%
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 4 years is 16%.

28%
Past Growth
16%
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 4 years is 76%.

N/A
Past Growth
76%
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 4 years is 85%.

N/A
Past Growth
85%
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
41.54 USD

According to Wall Street analysts, the average 1-year price target for DOCN is 41.54 USD with a low forecast of 28.28 USD and a high forecast of 50.4 USD.

What is DigitalOcean Holdings Inc's Revenue forecast?
Projected CAGR
16%

For the last 4 years the compound annual growth rate for DigitalOcean Holdings Inc's revenue is 28%. The projected CAGR for the next 4 years is 16%.

What is DigitalOcean Holdings Inc's Operating Income forecast?
Projected CAGR
76%

The compound annual growth rate of DigitalOcean Holdings Inc's operating income for the next 4 years is 76%.

What is DigitalOcean Holdings Inc's Net Income forecast?
Projected CAGR
85%

The compound annual growth rate of DigitalOcean Holdings Inc's net income for the next 4 years is 85%.

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