DOCN: DigitalOcean Holdings, Inc.
About
DigitalOcean Holdings, Inc. engages in providing cloud infrastructure. It operates through the North America, Europe, Asia, and Other geographical segments. The company was founded in 2012 and is headquartered in New York, NY.
Current Value
$38.251 Year Return
Current Value
$38.251 Year Return
Key Details
Market Cap
$3.51B
P/E Ratio
44.78
1Y Stock Return
33.83%
1Y Revenue Growth
12.08%
Dividend Yield
0.00%
Price to Book
-16.6
Strategies that include DOCN
Stock's related to DOCN
Correlated Stocks
| Name | Correlation | Market Cap | Return % (1 Year) | Div Yield % |
|---|---|---|---|---|
| CARG | 54.17% | $3.68B | +69.13% | 0.00% |
| AEIS | 49.97% | $4.20B | +16.90% | 0.27% |
| LC | 48.58% | $1.69B | +175.00% | 0.00% |
| TY | 47.35% | - | - | 3.32% |
| OUT | 46.86% | $3.11B | +52.98% | 6.41% |
| PDFS | 46.79% | $1.17B | -2.56% | 0.00% |
| WK | 45.44% | $5.00B | -3.95% | 0.00% |
| BIGC | 45.41% | $473.42M | -31.75% | 0.00% |
| APAM | 45.14% | $3.25B | +26.70% | 6.08% |
| NET | 45.05% | $33.09B | +30.49% | 0.00% |
| ADMA | 44.98% | $4.88B | +423.60% | 0.00% |
| FARO | 44.94% | $486.17M | +40.51% | 0.00% |
| U | 44.91% | $7.98B | -30.33% | 0.00% |
| PRLB | 44.82% | $907.12M | +1.96% | 0.00% |
| DAN | 44.56% | $1.14B | -38.75% | 5.12% |
| PLAB | 44.55% | $1.52B | +12.34% | 0.00% |
| KWR | 44.54% | $2.91B | -5.30% | 1.14% |
| SG | 44.52% | $4.38B | +299.68% | 0.00% |
| FNKO | 44.41% | $547.26M | +55.39% | 0.00% |
| IT | 44.34% | $39.93B | +21.02% | 0.00% |
Uncorrelated Stocks
| Name | Correlation | Market Cap | Return % (1 Year) | Div Yield % |
|---|---|---|---|---|
| HIHO | -0.02% | $8.63M | 0.00% | 6.12% |
| LITB | -0.06% | $35.48M | -75.45% | 0.00% |
| UFI | 0.06% | $102.66M | -11.22% | 0.00% |
| CSTE | 0.08% | $134.01M | +2.92% | 0.00% |
| ALTO | 0.09% | $106.54M | -39.83% | 0.00% |
| CARV | 0.19% | $8.48M | -8.79% | 0.00% |
| CYCN | 0.19% | $4.77M | -16.19% | 0.00% |
| NFE | 0.21% | $2.29B | -74.75% | 3.32% |
| SOC | -0.22% | $1.93B | +74.70% | 0.00% |
| SMC | 0.26% | $383.35M | +97.26% | 0.00% |
| DTM | 0.27% | $10.01B | +81.71% | 2.87% |
| HUM | 0.29% | $33.45B | -45.22% | 1.25% |
| KHC | 0.29% | $36.98B | -10.45% | 5.23% |
| CNA | 0.30% | $13.16B | +23.03% | 3.61% |
| ED | 0.38% | $33.59B | +7.16% | 3.43% |
| SO | -0.41% | $96.74B | +26.76% | 3.24% |
| ORLY | -0.48% | $69.31B | +22.06% | 0.00% |
| NAPA | -0.50% | $1.63B | +9.61% | 0.00% |
| CANG | 0.57% | $253.50M | +212.50% | 0.00% |
| APRE | -0.62% | $16.41M | -19.47% | 0.00% |
Inversely Correlated Stocks
| Name | Correlation | Market Cap | Return % (1 Year) | Div Yield % |
|---|---|---|---|---|
| MCK | -20.94% | $78.15B | +35.51% | 0.42% |
| CHD | -18.02% | $27.18B | +19.50% | 1.03% |
| COR | -16.26% | $47.48B | +21.20% | 0.86% |
| GIS | -15.14% | $34.85B | -2.91% | 3.78% |
| PG | -14.48% | $402.15B | +14.14% | 2.33% |
| CBOE | -14.12% | $21.46B | +15.84% | 1.11% |
| HUSA | -13.44% | $16.69M | -11.56% | 0.00% |
| CPB | -13.04% | $12.96B | +7.08% | 3.40% |
| ASPS | -12.31% | $22.36M | -80.26% | 0.00% |
| RNR | -10.93% | $13.74B | +23.09% | 0.58% |
| CL | -10.91% | $76.48B | +22.25% | 2.12% |
| STG | -10.30% | $35.67M | +7.92% | 0.00% |
| MNR | -9.31% | $1.66B | -10.71% | 15.90% |
| ACGL | -8.60% | $36.00B | +16.84% | 0.00% |
| KMB | -8.06% | $45.22B | +11.57% | 3.58% |
| TCTM | -7.71% | $8.10M | -42.99% | 0.00% |
| PCRX | -7.65% | $772.48M | -37.25% | 0.00% |
| PPC | -7.00% | $12.38B | +100.96% | 0.00% |
| CME | -6.70% | $82.76B | +9.21% | 1.98% |
| PGR | -6.62% | $149.10B | +57.29% | 0.45% |
ETF's related to DOCN
News
SeekingAlpha
We recommend a buy rating for DigitalOcean (DOCN) due to AI strategy, revenue growth, and positive market outlook in 3Q24 earnings. See more here.
Yahoo
Even though DigitalOcean Holdings, Inc. ( NYSE:DOCN ) posted strong earnings, investors appeared to be underwhelmed...
Yahoo
Investors looking to buy a potential AI winner trading at a reasonable valuation should consider taking a closer look at this company.
Yahoo
NEW YORK, November 14, 2024--DigitalOcean Holdings, Inc. (NYSE: DOCN), the simple scalable cloud, today introduced scalable storage for DigitalOcean’s Managed MongoDB offering, giving users the ability to scale their cloud storage capacity independently of other compute requirements. This new functionality will provide customers with greater flexibility to adapt to growing data demands and fluctuating workloads, without the unnecessary expense of added compute capacity.
Yahoo
Mid-cap company DigitalOcean is competing against Microsoft Azure, Amazon Web Services, and Google Cloud.
Yahoo
DigitalOcean Holdings ( (DOCN) ) has issued an announcement. DigitalOcean Holdings, Inc. reported strong third-quarter 2024 financial results, with a 12% year-over-year revenue increase to $198 million. The company continues to innovate, introducing 42 new product features, including advanced AI and cloud solutions. CEO Paddy Srinivasan highlighted the success of democratizing AI infrastructure, aiming to become a software-centric AI platform. Despite a competitive market, DigitalOcean raised it
Disclaimer
Information on this page is obtained from our data provider, Xignite, an unaffiliated third party. Double believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate. We also show information based on calculations performed by Double using data from our provider. Double believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.