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

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Analyst price target for DOCN

Based on 9 analysts offering 12 month price targets for Digitalocean Holdings Inc.
Min Forecast
$28.00-5.72%
Avg Forecast
$41.22+38.79%
Max Forecast
$63.00+112.12%

Should I buy or sell DOCN stock?

Based on 10 analysts offering ratings for Digitalocean Holdings Inc.
Buy
Strong Buy
3 analysts 30%
Buy
3 analysts 30%
Hold
2 analysts 20%
Sell
0 analysts 0%
Strong Sell
2 analysts 20%

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DOCN stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
Needham
Bottom 4%
4
BuyInitiates Coverage On$36.00+21.21%2022-12-08
Credit Suisse
Top 41%
60
HoldInitiates Coverage On$31.00+4.38%2022-11-22
Morgan Stanley
Bottom 13%
13
Strong SellMaintains$28.00-5.72%2022-11-08
Bank of America
Top 4%
97
Strong BuyMaintains$50.00+68.35%2022-11-08
Goldman Sachs
Bottom 13%
13
Strong SellMaintains$29.00-2.36%2022-11-08
Barclays
Top 22%
79
Strong BuyMaintains$37.00+24.58%2022-11-08
Oppenheimer
Top 14%
87
BuyMaintains$40.00+34.68%2022-11-08
KeyBanc
Bottom 6%
6
HoldDowngradesN/AN/A2022-10-28
Piper Sandler
Bottom 11%
11
Strong BuyMaintains$57.00+91.92%2022-08-09
Anonymous
Morgan Stanley
HoldMaintains$61.00+105.39%2022-05-05

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Forecast return on equity

Is DOCN forecast to generate an efficient return?
Company
366.49%
Industry
35.11%
Market
62.68%
DOCN's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is DOCN forecast to generate an efficient return on assets?
Company
6.82%
Industry
21.5%
DOCN is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

DOCN earnings per share forecast

What is DOCN's earnings per share in the next 3 years based on estimates from 7 analysts?
Avg 1 year Forecast
-$0.13
Avg 2 year Forecast
$0.08
Avg 3 year Forecast
$0.46

DOCN revenue forecast

What is DOCN's revenue in the next 3 years based on estimates from 7 analysts?
Avg 1 year Forecast
$568.3M+6.63%
Avg 2 year Forecast
$739.7M+38.78%
Avg 3 year Forecast
$944.3M+77.18%
DOCN's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

DOCN revenue growth forecast

How is DOCN forecast to perform vs Software - Infrastructure companies and vs the US market?
Company
20.69%
Industry
10.42%
Market
6.67%
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$29.70$41.22+38.79%Buy
EVOP$33.78$31.00-8.23%Hold
APPN$37.94$56.29+48.36%Buy
SQSP$20.07$28.67+42.84%Buy
PAGS$9.10$20.33+123.44%Buy

Digitalocean Holdings Stock Forecast FAQ

Is Digitalocean Holdings Stock a good buy in 2022, according to Wall Street analysts?

The consensus among 10 Wall Street analysts covering (NYSE: DOCN) stock is to Buy DOCN stock.

Out of 10 analysts, 3 (30%) are recommending DOCN as a Strong Buy, 3 (30%) are recommending DOCN as a Buy, 2 (20%) are recommending DOCN as a Hold, 0 (0%) are recommending DOCN as a Sell, and 2 (20%) 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 earnings growth forecast for 2022-2024?

(NYSE: DOCN) Digitalocean Holdings's forecast annual earnings growth rate of N/A is not forecast to beat the US Software - Infrastructure industry's average forecast earnings growth rate of 11.94%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 17.05%.

Digitalocean Holdings's earnings in 2022 is -$26,342,000.On average, 7 Wall Street analysts forecast DOCN's earnings for 2022 to be -$12,518,623, with the lowest DOCN earnings forecast at -$23,111,304, and the highest DOCN earnings forecast at $3,851,884. On average, 7 Wall Street analysts forecast DOCN's earnings for 2023 to be $7,703,768, with the lowest DOCN earnings forecast at -$13,481,594, and the highest DOCN earnings forecast at $38,518,839.

In 2024, DOCN is forecast to generate $44,296,665 in earnings, with the lowest earnings forecast at $17,333,478 and the highest earnings forecast at $83,778,475.

What is DOCN's revenue growth forecast for 2022-2024?

(NYSE: DOCN) Digitalocean Holdings's forecast annual revenue growth rate of 20.69% is forecast to beat the US Software - Infrastructure industry's average forecast revenue growth rate of 10.42%, and and it is also forecast to beat the US market's average forecast revenue growth rate of 6.67%.

Digitalocean Holdings's revenue in 2022 is $532,986,000.On average, 7 Wall Street analysts forecast DOCN's revenue for 2022 to be $54,727,374,141, with the lowest DOCN revenue forecast at $54,359,711,821, and the highest DOCN revenue forecast at $55,837,005,601. On average, 7 Wall Street analysts forecast DOCN's revenue for 2023 to be $71,230,193,014, with the lowest DOCN revenue forecast at $67,802,786,702, and the highest DOCN revenue forecast at $76,145,967,273.

In 2024, DOCN is forecast to generate $90,935,564,475 in revenue, with the lowest revenue forecast at $82,603,650,664 and the highest revenue forecast at $101,046,374,576.

What is DOCN's forecast return on assets (ROA) for 2022-2025?

(NYSE: DOCN) forecast ROA is 6.82%, which is lower than the forecast US Software - Infrastructure industry average of 21.5%.

What is DOCN's Price Target?

According to 9 Wall Street analysts that have issued a 1 year DOCN price target, the average DOCN price target is $41.22, with the highest DOCN stock price forecast at $63.00 and the lowest DOCN stock price forecast at $28.00.

On average, Wall Street analysts predict that Digitalocean Holdings's share price could reach $41.22 by Dec 8, 2023. The average Digitalocean Holdings stock price prediction forecasts a potential upside of 38.79% from the current DOCN share price of $29.70.

What is DOCN's Earnings Per Share (EPS) forecast for 2022-2024?

(NYSE: DOCN) Digitalocean Holdings's current Earnings Per Share (EPS) is -$0.26. On average, analysts forecast that DOCN's EPS will be -$0.13 for 2022, with the lowest EPS forecast at -$0.24, and the highest EPS forecast at $0.04. On average, analysts forecast that DOCN's EPS will be $0.08 for 2023, with the lowest EPS forecast at -$0.14, and the highest EPS forecast at $0.40. In 2024, DOCN's EPS is forecast to hit $0.46 (min: $0.18, max: $0.87).

What is DOCN's forecast return on equity (ROE) for 2022-2025?

(NYSE: DOCN) forecast ROE is 366.49%, which is considered strong.
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