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

OverviewForecast
EarningsDividendOwnership

Analyst price target for DOCN

Based on 6 analysts offering 12 month price targets for Digitalocean Holdings Inc.
Min Forecast
$33.00-0.69%
Avg Forecast
$40.00+20.37%
Max Forecast
$47.00+41.44%

Should I buy or sell DOCN stock?

Based on 6 analysts offering ratings for Digitalocean Holdings Inc.
Strong Buy
Strong Buy
3 analysts 50%
Buy
2 analysts 33.33%
Hold
1 analysts 16.67%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

Be the first to know when Wall Street analysts revise their DOCN stock forecasts and price targets.

DOCN stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2024-03-21
lockedlocked$00.00+00.00%2024-02-22
lockedlocked$00.00+00.00%2024-02-22
lockedlocked$00.00+00.00%2024-01-12
lockedlocked$00.00+00.00%2023-11-07
Canaccord Genuity
Top 20%
81
Strong BuyMaintains$33.00-0.69%2023-10-31

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Forecast return on equity

Is DOCN forecast to generate an efficient return?
Company
N/A
Industry
45.37%
Market
35.72%

Forecast return on assets

Is DOCN forecast to generate an efficient return on assets?
Company
N/A
Industry
22.98%

DOCN revenue forecast

What is DOCN's revenue in the next 3 years based on estimates from 6 analysts?
Avg 1 year Forecast
$765.9M+10.54%
Avg 2 year Forecast
$865.6M+24.93%
Avg 3 year Forecast
$962.2M+38.88%
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
102.99%
Industry
10.28%
Market
21.75%
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
11.6%
Industry
11.71%
Market
10.27%
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$33.23$40.00+20.37%Strong Buy
MQ$5.39$7.73+43.36%Strong Buy
RPD$43.80$60.75+38.70%Buy
ACIW$31.49$37.00+17.50%Strong Buy
APPN$35.39$48.00+35.63%Buy
View Top Software Infrastructure Stocks

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 Strong Buy DOCN stock.

Out of 6 analysts, 3 (50%) are recommending DOCN as a Strong Buy, 2 (33.33%) are recommending DOCN as a Buy, 1 (16.67%) 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 11.6% is not forecast to beat the US Software - Infrastructure industry's average forecast revenue growth rate of 11.71%, and while it is forecast to beat the US market's average forecast revenue growth rate of 10.27%.

Digitalocean Holdings's revenue in 2024 is $692,884,000.On average, 6 Wall Street analysts forecast DOCN's revenue for 2024 to be $69,541,279,497, with the lowest DOCN revenue forecast at $69,159,842,582, and the highest DOCN revenue forecast at $70,140,446,888. On average, 6 Wall Street analysts forecast DOCN's revenue for 2025 to be $78,593,619,192, with the lowest DOCN revenue forecast at $76,178,427,105, and the highest DOCN revenue forecast at $81,362,918,390.

In 2026, DOCN is forecast to generate $87,368,484,187 in revenue, with the lowest revenue forecast at $83,669,154,443 and the highest revenue forecast at $90,065,781,605.

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 22.98%.

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 $40.00, with the highest DOCN stock price forecast at $47.00 and the lowest DOCN stock price forecast at $33.00.

On average, Wall Street analysts predict that Digitalocean Holdings's share price could reach $40.00 by Mar 21, 2025. The average Digitalocean Holdings stock price prediction forecasts a potential upside of 20.37% from the current DOCN share price of $33.23.

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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