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NYSE: DOCN
DIGITALOCEAN HOLDINGS INC Stock Forecast, Predictions & Price Target

OverviewForecast
EarningsDividendOwnership

Analyst price target for DOCN

Based on 7 analysts offering 12 month price targets for DIGITALOCEAN HOLDINGS INC.
Min Forecast
$49.00+34.43%
Avg Forecast
$75.71+107.72%
Max Forecast
$130.00+256.65%

Should I buy or sell DOCN stock?

Based on 8 analysts offering ratings for DIGITALOCEAN HOLDINGS INC.
Strong Buy
Strong Buy
4 analysts 50%
Buy
3 analysts 37.5%
Hold
1 analysts 12.5%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

DOCN stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
Goldman Sachs
Bottom 11%
11
Strong BuyInitiates Coverage On$49.00+34.43%2022-05-12
Barclays
Top 7%
94
Strong BuyMaintains$55.00+50.89%2022-05-05
Anonymous
Morgan Stanley
HoldMaintains$61.00+67.35%2022-05-05
JMP Securities
Bottom 2%
2
BuyMaintains$63.00+72.84%2022-05-05
Piper Sandler
Bottom 14%
14
Strong BuyInitiates Coverage On$72.00+97.53%2022-04-04
KeyBanc
Bottom 10%
10
Strong BuyMaintains$69.00+89.30%2022-02-25
William Blair
Bottom 26%
26
BuyInitiates Coverage OnN/AN/A2021-11-12
Oppenheimer
Top 11%
90
BuyMaintains$130.00+256.65%2021-11-08
Morgan Stanley
Bottom 5%
5
HoldMaintains$92.00+152.40%2021-10-22

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Forecast return on equity

Is DOCN forecast to generate an efficient return?
Company
N/A
Industry
43.56%
Market
32.81%

Forecast return on assets

Is DOCN forecast to generate an efficient return on assets?
Company
N/A
Industry
19.83%

DOCN earnings per share forecast

What is DOCN's earnings per share in the next 3 years based on estimates from 6 analysts?
Avg 1 year Forecast
-$0.03
Avg 2 year Forecast
$0.19
Avg 3 year Forecast
$0.50

DOCN revenue forecast

What is DOCN's revenue in the next 3 years based on estimates from 6 analysts?
Avg 1 year Forecast
$566.2M+22.5%
Avg 2 year Forecast
$735.9M+59.21%
Avg 3 year Forecast
$931.2M+101.45%
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
25.86%
Industry
11.26%
Market
9.2%
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$36.45$75.71+107.72%Strong Buy
BOX$27.01$31.13+15.24%Buy
FOUR$46.23$75.71+63.78%Buy
ZD$77.82$127.50+63.84%Strong Buy
BL$61.90$110.25+78.11%Buy
View Top Software Infrastructure Stocks

DIGITALOCEAN HOLDINGS Stock Forecast FAQ

Is DIGITALOCEAN HOLDINGS Stock a good buy in 2022, according to Wall Street analysts?

The consensus among 8 Wall Street analysts covering (NYSE: DOCN) stock is to Strong Buy DOCN stock.

Out of 8 analysts, 4 (50%) are recommending DOCN as a Strong Buy, 3 (37.5%) are recommending DOCN as a Buy, 1 (12.5%) are recommending DOCN as a Hold, 0 (0%) are recommending DOCN as a Sell, and 0 (0%) are recommending DOCN as a Strong Sell.

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 6.98%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 15.78%.

DIGITALOCEAN HOLDINGS's earnings in 2022 is -$34,287,000.On average, 6 Wall Street analysts forecast DOCN's earnings for 2022 to be -$3,181,815, with the lowest DOCN earnings forecast at -$25,454,519, and the highest DOCN earnings forecast at $11,666,654. On average, 6 Wall Street analysts forecast DOCN's earnings for 2023 to be $20,151,494, with the lowest DOCN earnings forecast at $6,363,630, and the highest DOCN earnings forecast at $40,302,988.

In 2024, DOCN is forecast to generate $53,030,247 in earnings, with the lowest earnings forecast at $26,515,124 and the highest earnings forecast at $80,605,975.

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

(NYSE: DOCN) DIGITALOCEAN HOLDINGS's forecast annual revenue growth rate of 25.86% is forecast to beat the US Software - Infrastructure industry's average forecast revenue growth rate of 11.26%, and and it is also forecast to beat the US market's average forecast revenue growth rate of 9.2%.

DIGITALOCEAN HOLDINGS's revenue in 2022 is $462,227,000.On average, 6 Wall Street analysts forecast DOCN's revenue for 2022 to be $60,051,982,005, with the lowest DOCN revenue forecast at $60,009,027,505, and the highest DOCN revenue forecast at $60,178,724,296. On average, 6 Wall Street analysts forecast DOCN's revenue for 2023 to be $78,051,614,503, with the lowest DOCN revenue forecast at $76,522,646,421, and the highest DOCN revenue forecast at $79,121,128,524.

In 2024, DOCN is forecast to generate $98,758,228,988 in revenue, with the lowest revenue forecast at $95,062,020,772 and the highest revenue forecast at $102,454,437,204.

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

(NYSE: DOCN) forecast ROA is N/A, which is lower than the forecast US Software - Infrastructure industry average of 19.83%.

What is DOCN's Price Target?

According to 7 Wall Street analysts that have issued a 1 year DOCN price target, the average DOCN price target is $75.71, with the highest DOCN stock price forecast at $130.00 and the lowest DOCN stock price forecast at $49.00.

On average, Wall Street analysts predict that DIGITALOCEAN HOLDINGS's share price could reach $75.71 by May 12, 2023. The average DIGITALOCEAN HOLDINGS stock price prediction forecasts a potential upside of 107.72% from the current DOCN share price of $36.45.

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

(NYSE: DOCN) DIGITALOCEAN HOLDINGS's current Earnings Per Share (EPS) is -$0.34. On average, analysts forecast that DOCN's EPS will be -$0.03 for 2022, with the lowest EPS forecast at -$0.24, and the highest EPS forecast at $0.11. On average, analysts forecast that DOCN's EPS will be $0.19 for 2023, with the lowest EPS forecast at $0.06, and the highest EPS forecast at $0.38. In 2024, DOCN's EPS is forecast to hit $0.50 (min: $0.25, max: $0.76).

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

(NYSE: DOCN) forecast ROE is N/A, which is considered weak.
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