In the last trading session, 5.15 million shares of the DigitalOcean Holdings Inc (NYSE:DOCN) were traded, and its beta was 1.88. Most recently the company’s share price was $28.25, and it changed around -$4.51 or -13.77% from the last close, which brings the market valuation of the company to $2.57B. DOCN currently trades at a discount to its 52-week high of $47.02, offering almost -66.44% off that amount. The share price’s 52-week low was $25.45, which indicates that the current value has risen by an impressive 9.91% since then.
DigitalOcean Holdings Inc stock received a consensus recommendation rating of Hold, based on a mean score of 2.12. If we narrow it down even further, the data shows that 0 out of 15 analysts rate the stock as a Sell; another 4 rate it as Overweight. Among the rest, 6 recommended DOCN as a Hold, whereas 4 deemed it a Buy, and 1 rated it as Underweight.
DigitalOcean Holdings Inc (NYSE:DOCN) trade information
Instantly DOCN has showed a red trend with a performance of -13.77% at the end of last trading. The performance over the last five days has remained in the red territory. The rise to weekly highs of 33.46 on recent trading dayincreased the stock’s daily price by 15.57%. The company’s shares are currently down -17.08% year-to-date, but still down -10.09% over the last five days. On the other hand, DigitalOcean Holdings Inc (NYSE:DOCN) is -1.40% down in the 30-day period.
The consensus price target as assigned by Wall Street analysts is $41, which translates to bulls needing to increase their stock price by 31.1% from its current value. Analyst projections state that DOCN is forecast to be at a low of $33 and a high of $80.
DigitalOcean Holdings Inc earnings are expected to increase by 1.26% in 2025, but the outlook is positive 10.61% per year for the next five years.
DOCN Dividends
DigitalOcean Holdings Inc’s next quarterly earnings report is expected to be released in June.
VANGUARD GROUP INC, with 8.6714% or 7.92 million shares worth $275.17 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
iShares Trust-iShares Core S&P Small-Cap ETF and iShares Trust-iShares Russell 2000 ETF were the top two Mutual Funds as of Mar 31, 2025 . The former held 3.94 shares worth $111.23 million, making up 4.32% of all outstanding shares. On the other hand, iShares Trust-iShares Russell 2000 ETF held roughly 1.76 shares worth around $49.65 million, which represents about 1.93% of the total shares outstanding.
