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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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DigitalOcean Holdings Inc
Cash Equivalents

Last Value
3-Years 3-Y CAGR
5-Years 5-Y CAGR
10-Years 10-Y CAGR
Quarterly
Annual
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DigitalOcean Holdings Inc
Cash Equivalents Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Cash Equivalents CAGR 3Y CAGR 5Y CAGR 10Y
D
DigitalOcean Holdings Inc
NYSE:DOCN
Cash Equivalents
$317.2m
CAGR 3-Years
47%
CAGR 5-Years
60%
CAGR 10-Years
N/A
Cloudflare Inc
NYSE:NET
Cash Equivalents
$182.9m
CAGR 3-Years
-33%
CAGR 5-Years
-18%
CAGR 10-Years
N/A
GoDaddy Inc
NYSE:GDDY
Cash Equivalents
$767.1m
CAGR 3-Years
-12%
CAGR 5-Years
-5%
CAGR 10-Years
18%
Snowflake Inc.
NYSE:SNOW
Cash Equivalents
$1.8B
CAGR 3-Years
29%
CAGR 5-Years
72%
CAGR 10-Years
N/A
MongoDB Inc
NASDAQ:MDB
Cash Equivalents
$673.1m
CAGR 3-Years
-3%
CAGR 5-Years
35%
CAGR 10-Years
N/A
Verisign Inc
NASDAQ:VRSN
Cash Equivalents
$267.3m
CAGR 3-Years
1%
CAGR 5-Years
20%
CAGR 10-Years
1%
No Stocks Found

DigitalOcean Holdings Inc
Glance View

Market Cap
3.3B USD
Industry
Technology

In the bustling world of cloud computing, DigitalOcean Holdings Inc. has carved out a unique space that emphasizes simplicity and ease of use. Founded with the mission to cater to developers and small- to medium-sized businesses, DigitalOcean thrives by providing cloud infrastructure and platform services that are straightforward and affordable. The company offers a range of products, including scalable compute instances—commonly referred to as "Droplets"—and managed database services, among others. DigitalOcean's focus on user-friendly interfaces and competitive pricing sets it apart in an industry dominated by giants like AWS, Microsoft Azure, and Google Cloud. The company’s dedication to community engagement is evident through its robust library of tutorials and documentation, ensuring users can hit the ground running without needing a deep technical background. DigitalOcean’s business model capitalizes on a recurring revenue scheme derived from its myriad of services, primarily sold on a pay-as-you-go basis. Customers are charged based on their usage of compute, storage, and network resources, allowing for predictable revenue streams. Additionally, the company enhances its profitability by expanding its product suite, striving to foster deeper engagement with existing users while attracting new ones. As the digital transformation wave continues to surge globally, DigitalOcean's customer-centric approach and commitment to simplicity propel it as a viable option for developers and organizations that require reliable cloud solutions without the hefty complexity and cost typically associated with larger providers.

DOCN Intrinsic Value
51.14 USD
Undervaluation 30%
Intrinsic Value
Price
D

See Also

What is DigitalOcean Holdings Inc's Cash Equivalents?
Cash Equivalents
317.2m USD

Based on the financial report for Dec 31, 2023, DigitalOcean Holdings Inc's Cash Equivalents amounts to 317.2m USD.

What is DigitalOcean Holdings Inc's Cash Equivalents growth rate?
Cash Equivalents CAGR 5Y
60%

Over the last year, the Cash Equivalents growth was 125%. The average annual Cash Equivalents growth rates for DigitalOcean Holdings Inc have been 47% over the past three years , 60% over the past five years .

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