DigitalOcean Holdings Inc
Prices are adjusted according to historical splits.
Vitals
- Today's Low:
- $24.62
- Today's High:
- $25.64
- Open Price:
- $25.56
- 52W Low:
- $23.375
- 52W High:
- $53.88
- Prev. Close:
- $26.05
- Volume:
- 2106094
Company Statistics
- Market Cap.:
- $3.68 billion
- Book Value:
- -2.419
- Revenue TTM:
- $614.13 million
- Operating Margin TTM:
- -1.29%
- Gross Profit TTM:
- $364.40 million
- Profit Margin:
- -6.62%
- Return on Assets TTM:
- -0.28%
- Return on Equity TTM:
- -38.68%
Company Profile
DigitalOcean Holdings Inc had its IPO on 2021-03-24 under the ticker symbol DOCN.
The company operates in the Technology sector and Software-Infrastructure industry. DigitalOcean Holdings Inc has a staff strength of 1,204 employees.
Stock update
Shares of DigitalOcean Holdings Inc opened at $25.56 at the start of the last trading session i.e. 2023-09-12.
The stocks traded within a range of $24.62 - $25.64, and closed at $24.85.
This is a -4.61% slip from the previous day's closing price.
A total volume of 2,106,094 shares were traded at the close of the day’s session.
In the last one week, shares of DigitalOcean Holdings Inc have slipped by -7.14%.
DigitalOcean Holdings Inc's Key Ratios
DigitalOcean Holdings Inc has a market cap of $3.68 billion, indicating a price to book ratio of 93.6297 and a price to sales ratio of 5.086.
In the last 12-months DigitalOcean Holdings Inc’s revenue was $614.13 million with a gross profit of $364.40 million and an EBITDA of $81.24 million. The EBITDA ratio measures DigitalOcean Holdings Inc's overall financial performance and is widely used to measure its profitability.
In the trailing 12-month period, DigitalOcean Holdings Inc’s operating margin was -1.29% while its return on assets stood at -0.28% with a return of equity of -38.68%.
In Q1, DigitalOcean Holdings Inc’s quarterly earnings growth was a positive 0% while revenue growth was a positive 29.7%.
DigitalOcean Holdings Inc’s PE and PEG Ratio
- Forward PE
- 25.0627
- Trailing PE
- 0
- PEG
- 1.8713
Its diluted EPS in the last 12-months stands at $-0.48 per share while it has a forward price to earnings multiple of 25.0627 and a PEG multiple of 1.8713. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.
The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into DigitalOcean Holdings Inc’s profitability.
DigitalOcean Holdings Inc stock is trading at a EV to sales ratio of 6.5174 and a EV to EBITDA ratio of 42.4172. Its price to sales ratio in the trailing 12-months stood at 5.086.
DigitalOcean Holdings Inc stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.
Balance sheet and cash flow metrics
- Total Assets
- $1.58 billion
- Total Liabilities
- $186.15 million
- Operating Cash Flow
- $107.96 million
- Capital Expenditure
- $25.11 million
- Dividend Payout Ratio
- 0%
DigitalOcean Holdings Inc ended 2024 with $1.58 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $1.58 billion while shareholder equity stood at $-217654000.00.
DigitalOcean Holdings Inc ended 2024 with $0 in deferred long-term liabilities, $186.15 million in other current liabilities, 2000.00 in common stock, $-245758000.00 in retained earnings and $296.58 million in goodwill. Its cash balance stood at $20.87 million and cash and short-term investments were $612.55 million. The company’s total short-term debt was $73,058,000 while long-term debt stood at $1.47 billion.
DigitalOcean Holdings Inc’s total current assets stands at $698.61 million while long-term investments were $0 and short-term investments were $591.68 million. Its net receivables were $54.97 million compared to accounts payable of $11.01 million and inventory worth $0.
In 2024, DigitalOcean Holdings Inc's operating cash flow was $107.96 million while its capital expenditure stood at $25.11 million.
Comparatively, DigitalOcean Holdings Inc paid $0 in dividends in 2024.
Other key metrics
- Current Trading Price
- $24.85
- 52-Week High
- $53.88
- 52-Week Low
- $23.375
- Analyst Target Price
- $40
DigitalOcean Holdings Inc stock is currently trading at $24.85 per share. It touched a 52-week high of $53.88 and a 52-week low of $53.88. Analysts tracking the stock have a 12-month average target price of $40.
Its 50-day moving average was $38.36 and 200-day moving average was $34.36 The short ratio stood at 9.54 indicating a short percent outstanding of 0%.
Around 3099.2% of the company’s stock are held by insiders while 6030.4% are held by institutions.
Frequently Asked Questions About DigitalOcean Holdings Inc
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About
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.