NASDAQ:DOCN - DigitalOcean Stock Price Target and Predictions

  • Consensus Rating: Buy
  • Consensus Price Target: $63.50
  • Forecasted Upside: 53.53 %
  • Number of Analysts: 9
  • Breakdown:
  • 0 Sell Ratings
  • 1 Hold Ratings
  • 8 Buy Ratings
  • 0 Strong Buy Ratings
$41.36
▼ -1.88 (-4.35%)

This chart shows the closing price for DOCN by one month, three months, or twelve months.

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Analyst Price Target for DOCN

Analyst Price Target is $63.50
▲ +53.53% Upside Potential
This price target is based on 9 analysts offering 12 month price targets for DigitalOcean in the last 3 months. The average price target is $63.50, with a high forecast of $0.00 and a low forecast of $0.00. The average price target represents a 53.53% upside from the last price of $41.36.

This chart shows the closing price for DOCN for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Buy

The current consensus among 9 contributing investment analysts is to buy stock in DigitalOcean.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 0 sell ratings
1/6/2021
  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 0 sell ratings
4/6/2021
  • 0 strong buy ratings
  • 7 buy ratings
  • 2 hold ratings
  • 0 sell ratings
7/5/2021
  • 0 strong buy ratings
  • 7 buy ratings
  • 2 hold ratings
  • 0 sell ratings
10/3/2021
  • 0 strong buy ratings
  • 8 buy ratings
  • 2 hold ratings
  • 0 sell ratings
1/1/2022
  • 0 strong buy ratings
  • 8 buy ratings
  • 2 hold ratings
  • 0 sell ratings
4/1/2022
  • 0 strong buy ratings
  • 8 buy ratings
  • 1 hold ratings
  • 0 sell ratings
5/31/2022
  • 0 strong buy ratings
  • 8 buy ratings
  • 1 hold ratings
  • 0 sell ratings
6/30/2022

Latest Recommendations

  • 0 strong buy ratings
  • 8 buy ratings
  • 1 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
5/12/2022The Goldman Sachs GroupInitiated CoverageBuy$49.00High
5/5/2022JMP SecuritiesLower Price Target$94.00 ➝ $63.00High
5/5/2022OppenheimerLower Price Target$96.00 ➝ $80.00Low
5/5/2022BarclaysLower Price Target$70.00 ➝ $55.00High
4/25/2022KeyCorpLower Price TargetOverweight$69.00 ➝ $54.00High
4/4/2022Piper SandlerInitiated CoverageOverweight$72.00Low
2/25/2022Canaccord Genuity GroupLower Price Target$115.00 ➝ $70.00High
2/25/2022Morgan StanleyLower Price TargetEqual Weight$72.00 ➝ $67.00High
2/25/2022KeyCorpLower Price TargetOverweight$80.00 ➝ $69.00High
2/24/2022Stifel NicolausLower Price Target$85.00 ➝ $60.00High
1/12/2022BarclaysLower Price Target$120.00 ➝ $85.00High
11/12/2021William BlairInitiated CoverageOutperformHigh
11/8/2021OppenheimerBoost Price TargetOutperform$100.00 ➝ $130.00High
11/5/2021KeyCorpBoost Price TargetOverweight$106.00 ➝ $120.00Medium
11/5/2021BarclaysBoost Price TargetOverweight$95.00 ➝ $120.00Medium
10/22/2021Morgan StanleyBoost Price TargetEqual Weight$60.00 ➝ $92.00Low
9/24/2021OppenheimerBoost Price TargetOutperform$70.00 ➝ $100.00High
9/17/2021BarclaysBoost Price TargetOverweight$66.00 ➝ $95.00High
8/6/2021KeyCorpBoost Price TargetOverweight$57.00 ➝ $67.00High
8/6/2021Bank of AmericaBoost Price TargetBuy$50.00 ➝ $65.00High
8/6/2021BarclaysBoost Price TargetOverweight$64.00 ➝ $66.00High
8/6/2021Morgan StanleyBoost Price TargetEqual Weight$50.00 ➝ $60.00High
8/6/2021JMP SecuritiesBoost Price TargetOutperform$58.00 ➝ $68.00High
7/23/2021BarclaysBoost Price TargetPositive ➝ Overweight$58.00 ➝ $64.00High
5/7/2021KeyCorpBoost Price TargetOverweight$56.00 ➝ $57.00Low
5/6/2021OppenheimerInitiated CoverageBuy$55.00Medium
4/19/2021JMP SecuritiesInitiated CoverageOutperform$58.00High
4/19/2021Morgan StanleyInitiated CoverageEqual Weight$50.00High
4/19/2021KeyCorpInitiated CoverageOverweight$56.00High
4/19/2021Stifel NicolausInitiated CoverageHold$50.00High
4/19/2021JPMorgan Chase & Co.Initiated CoverageOverweight$50.00High
4/19/2021The Goldman Sachs GroupInitiated CoverageBuy$101.00High
4/19/2021BarclaysInitiated CoverageOverweight$57.00High
4/19/2021Bank of AmericaInitiated CoverageBuy$50.00High
4/14/2021OppenheimerInitiated CoverageOutperform$55.00High
(Data available from 7/1/2017 forward)

News Sentiment Rating

0.30 (Hold)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 8 very positive mentions
  • 23 positive mentions
  • 2 negative mentions
  • 0 very negative mentions
12/3/2021
  • 7 very positive mentions
  • 20 positive mentions
  • 1 negative mentions
  • 2 very negative mentions
1/2/2022
  • 6 very positive mentions
  • 28 positive mentions
  • 3 negative mentions
  • 1 very negative mentions
2/1/2022
  • 6 very positive mentions
  • 28 positive mentions
  • 2 negative mentions
  • 0 very negative mentions
3/3/2022
  • 5 very positive mentions
  • 13 positive mentions
  • 2 negative mentions
  • 1 very negative mentions
4/2/2022
  • 7 very positive mentions
  • 18 positive mentions
  • 6 negative mentions
  • 0 very negative mentions
5/2/2022
  • 8 very positive mentions
  • 28 positive mentions
  • 9 negative mentions
  • 2 very negative mentions
6/1/2022
  • 3 very positive mentions
  • 17 positive mentions
  • 3 negative mentions
  • 0 very negative mentions
7/1/2022

Current Sentiment

  • 3 very positive mentions
  • 17 positive mentions
  • 3 negative mentions
  • 0 very negative mentions
DigitalOcean logo
DigitalOcean Holdings, Inc., through its subsidiaries, operates a cloud computing platform in North America, Europe, Asia, and internationally. Its platform provides on-demand infrastructure and platform tools for developers, start-ups, and small and medium size businesses. The company offers infrastructure solutions across compute, storage, and networking, as well as enables developers to extend the native capabilities of its cloud with fully managed application, container, and database offerings. Its users include software engineers, researchers, data scientists, system administrators, students, and hobbyists. The company's customers use its platform in various industry verticals and for a range of use cases, such as web and mobile applications, website hosting, e-commerce, media and gaming, personal web projects, managed services, and others. DigitalOcean Holdings, Inc. was incorporated in 2012 and is headquartered in New York, New York.
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Today's Range

Now: $41.36
Low: $38.61
High: $42.65

50 Day Range

MA: $42.38
Low: $30.86
High: $50.58

52 Week Range

Now: $41.36
Low: $30.05
High: $133.40

Volume

1,905,057 shs

Average Volume

2,374,968 shs

Market Capitalization

$4.39 billion

P/E Ratio

N/A

Dividend Yield

N/A

Beta

1.86

Frequently Asked Questions

What sell-side analysts currently cover shares of DigitalOcean?

The following equities research analysts have issued stock ratings on DigitalOcean in the last year: Bank of America Co., Barclays PLC, Canaccord Genuity Group Inc., JMP Securities, KeyCorp, Morgan Stanley, Oppenheimer Holdings Inc., Piper Sandler, Stifel Nicolaus, The Goldman Sachs Group, Inc., and William Blair.
View the latest analyst ratings for DOCN.

What is the current price target for DigitalOcean?

0 Wall Street analysts have set twelve-month price targets for DigitalOcean in the last year. Their average twelve-month price target is $63.50, suggesting a possible upside of 53.5%.
View the latest price targets for DOCN.

What is the current consensus analyst rating for DigitalOcean?

DigitalOcean currently has 1 hold rating and 8 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Buy." A "buy" rating indicates that analysts believe DOCN will outperform the market and that investors should add to their positions of DigitalOcean.
View the latest ratings for DOCN.

How do I contact DigitalOcean's investor relations team?

DigitalOcean's physical mailing address is 101 AVENUE OF THE AMERICAS 10TH FLOOR, NEW YORK NY, 10013. The company's listed phone number is 646-827-4366 and its investor relations email address is [email protected] The official website for DigitalOcean is www.digitalocean.com. Learn More about contacing DigitalOcean investor relations.