DigitalOcean Holdings, Inc. DOCN

139.75 (1.82) (1.29%) as of 25 Sep
Market cap
$16.7B
P/E
55.2×
Growth Flags show if company had growth for consecutive years

Insider Decisions

Total sells 573.75
in millions of $
Nov 25 Feb 26 May 26 Aug 26
Buy — — — — — — — — — — — —
Sell — — — — — 2 — 5 1 — 3 4
Insider Ownership 7.54%

Capital & Financial Ratios

Market Cap 16,690.00
Revenue 1,011.11
Net Income 235.24
Free Cash Flow (4.43)
Net Debt 601.97
Current Ratio 1.31
Debt/Equity 1.47
P/E ratio 55.24
P/S ratio 14.46
P/B ratio 15.71
Past 5Y EPS Growth 8.38%
This Y EPS Growth (31.08%)
Next Y EPS Growth 22.44%
Next 5Y EPS Growth 10.64%
in millions of $

Dividends

Payout Ratio 0.00
Annual Dividend Rate —
Annual Dividend Yield —
total individual payouts
2025 Powerpack
2024 Powerpack
2023 Powerpack
2022 Powerpack
2021 Powerpack
predictions in italic, special payouts not included in total or ratios

Assets vs Liabilities

2023 2024 2025 Q'26
Cash 412 428 254 767
Receivables 62 72 91 115
Inventory — — — —
Other — — — —
503 542 427 1,018
2023 2024 2025 Q'26
Payables 4 55 39 10
ST’ Debt — — 325 312
Other 71 44 68 74
193 221 619 776
in millions of $

Compound Annual Growth

10y 5y 3y
Sales — 23.14% 16.08%
Cash Flow — 39.57% 16.63%
Earnings — 0.00% 0.00%
Book Value — 0.00% 0.00%

Revenue

Mar Jun Sep Dec Year
’26 258 281 — — —
’25 211 219 230 242 901
’24 185 192 198 205 781
’23 165 170 177 181 693
’22 127 134 152 163 576
’21 94 104 111 120 429
’20 — 77 81 — 318
in millions of $ · fiscal quarters ending in the months shown

Operating Cash Flow

Mar Jun Sep Dec Year
’26 47 110 — — —
’25 64 92 96 57 310
’24 67 71 73 71 283
’23 36 64 54 81 235
’22 30 46 56 63 195
’21 20 40 40 33 133
’20 — 17 23 18 58
in millions of $ · fiscal quarters ending in the months shown

Free Cash Flow

Mar Jun Sep Dec Year
’26 (10) 21 — — —
’25 (1) 57 57 (72) 41
’24 21 37 14 24 96
’23 9 40 33 27 108
’22 2 13 23 34 71
’21 (4) 14 14 0 25
’20 — (42) (3) (12) (57)
in millions of $ · fiscal quarters ending in the months shown

EPS

Mar Jun Sep Dec Year
’26 0.15 0.29 — — —
’25 0.39 0.39 1.51 0.24 2.52
’24 0.15 0.20 0.33 0.19 0.89
’23 (0.17) 0.01 0.20 0.17 0.20
’22 (0.17) (0.06) 0.08 (0.10) (0.24)
’21 (0.07) (0.02) (0.02) (0.11) (0.21)
’20 — (0.06) (0.24) — (1.05)
fiscal quarters ending in the months shown

Target Price Range

Analyst price targets

Recommendation Rating

1.5
1Buy 2 3Hold 4 5Sell
2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028
— — — — — 35.35 23.38 19.39 26.63 25.45

Analyst estimates 2026–2028

Powerpack
Low Price
— — — — — 133.40 81.38 51.69 44.80 52.20
High Price
— — — — 581 786 1,204 1,156 1,210 1,462
Employees
— — 0 0 1 1 0 1 1 1
Revenue/Emp
— — 203 255 318 429 576 693 781 901
Revenue
— — 52.23% 52.02% 54.29% 60.19% 63.23% 57.37% 59.69% 59.86%
Gross Margin
— — (35) (40) (43) (18) (24) 27 98 207
EBT
— — (17.12%) (15.54%) (13.40%) (4.25%) (4.14%) 3.86% 12.52% 22.93%
EBT Margin
— 0 (36) (40) (44) (20) (28) 19 84 259
Net Income
— — 52 63 76 88 96 120 133 137
Depreciation
— — 5.98 6.71 7.64 4.60 5.72 7.69 8.52 9.85
Revenue/Sh
— — (1.06) (1.06) (1.05) (0.21) (0.24) 0.22 0.92 2.83
Earnings/Sh
— — 1.12 1.05 1.40 1.43 1.94 2.61 3.09 3.38
Cash Flow/Sh
— — (1.80) (2.22) (2.78) (1.16) (1.24) (1.41) (2.04) (2.93)
Capex/Sh
— — (0.69) (1.17) (1.37) 0.26 0.70 1.20 1.05 0.45
Free CF/Sh
— — 0.00 (1.90) (1.73) 6.20 0.47 (3.48) (2.21) (0.31)
Book Value/Sh
— — 34 38 42 93 101 90 92 91
Shares
— — 0.00 0.00 0.00 0.00 0.00 153.43 36.63 16.88
PE Ratio
— — 0.00 0.00 0.00 17.47 4.47 4.71 4.00 4.88
PS Ratio
— — 0.00 0.00 0.00 12.95 54.14 0.00 0.00 0.00
PB Ratio
— — 0.00 0.00 0.00 16.89 5.62 6.36 5.45 6.15
EV/Sales
— — (23.61) (23.61) (23.61) 373.46 45.94 42.82 46.60 134.14
EV/FCF
— — 38 40 58 133 195 235 283 310
Op' Cash Flow
— — (61) (84) (116) (109) (125) (127) (186) (268)
Capex
— — (23) (45) (57) 25 71 108 96 41
FCF
— — (13) (12) 63 1,712 780 310 321 (192)
Working Cap'
— — 136 191 260 1,463 1,528 1,478 1,486 1,395
Total Debt
— — 106 158 159 (251) 664 1,066 1,058 1,140
Net Debt
— — 0 (72) (72) 578 48 (314) (203) (29)
Sh' Equity
— — 0.00% (26.71%) (11.89%) (1.54%) (1.42%) 1.18% 5.45% 14.91%
ROA
— — (16.09%) (21.77%) (11.31%) (2.13%) (2.26%) 0.99% 6.65% 8.83%
ROIC
— — 55.81% 62.48% 60.35% (7.71%) (8.89%) (14.59%) (32.71%) (223.84%)
ROE
predictions in italic, sparklines do not include predictions

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

DigitalOcean Holdings, Inc. peers in Software Infrastructure

All 173 Software Infrastructure stocks →

DigitalOcean Holdings, Inc. (DOCN) key facts

  • DigitalOcean Holdings, Inc. (DOCN) is a Software Infrastructure company in the Technology sector, listed on the New York Stock Exchange.
  • DigitalOcean Holdings, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $901.4 million, up 15.5% from fiscal 2024.
  • Net income was $259.3 million, or $2.83 per share (basic), a net margin of 28.8%.
  • As of September 25, 2026, DOCN traded at $139.75, a market capitalization of $16.7 billion.
  • At that price the stock trades at 55.2× trailing-twelve-month earnings and 14.5× sales.
  • Return on equity was −223.8% and debt-to-equity 1.47.

Source: company filings (standardised) and stockrow calculations.

DigitalOcean Holdings, Inc. (DOCN) Latest News

News by impact score

Fine-tune

22 Sep

4

DigitalOcean announced public preview of Managed Agents, a set of AI-native cloud services delivering hardware-isolated harness runtimes for each agent, governed access to over 16,000 tools, and Serverless Inference across open and proprietary models. Built on Harness Runtime and Action Gateway with a unified security and billing model, it lets developers use familiar harnesses, persist sessions, and pause/resume with rapid startup. Auto-pause stops CPU and memory charges when idle; agents resume in about 305 milliseconds (claimed 46% faster than rivals) and tool search is 42% more accurate. CPU billing is per-second of actual use, with no charges while waiting on model or tool results. Integrated with DigitalOcean Inference Engine and the broader cloud stack, it enables collaborative sessions, faster end-to-end workflows, and easier vendor integration. Early customers like Qencode, OpenHands, and Amplitude are already building on it; public preview is open to all. Public preview could materially enhance DigitalOcean's AI-native platform and competitive position if adoption scales.

21 Sep

4

DigitalOcean Holdings reported quarterly revenue above consensus and raised full-year EPS guidance. It also secured a US$725 million equipment-financing facility to fund capacity expansion for its AI-Native Cloud platform, signaling commitment to scaling AI workloads. Shares jumped, with about a 12% one-day gain and a 22% week, after a previous slide. Analysts cite a fair value near $178.77 vs. a $146.16 close, but note the high valuation. The upside rests on continued AI adoption among digital-native enterprises, robust product innovation (60+ new features this quarter), and strong uptake by top customers. Risks include slower AI uptake, GPU/data-center spending, and pricing pressure from larger cloud providers. The piece frames a shift from growth potential to whether the recent beat and financing are fully priced in. New financing facility and solid earnings beat could meaningfully boost expansion and investor sentiment.

18 Sep

4

DigitalOcean Holdings commits $725 million to AI initiatives targeting the next wave of technology adoption and infrastructure growth. $725 million AI investment represents major strategic capital deployment likely to shift company trajectory and investor focus.

14 Sep

3

Cloudways launches Velocity for managed Node.js hosting with flat predictable pricing targeted at developers and agencies. New Velocity service expands DigitalOcean managed hosting portfolio with potential to attract Node.js customers.

10 Sep

4

DigitalOcean Holdings secured a $725 million equipment financing facility to fund capacity expansion. $725 million financing directly enables large-scale capacity growth and revenue scaling.

8 Sep

3

DigitalOcean (DOCN) stock surges on unspecified positive developments driving investor buying. Stock price rise signals short-term sentiment boost without evidence of major operational shifts.

7 Sep

4

DigitalOcean's AI investments are delivering measurable returns shown in key performance numbers, strengthening the company's results. AI-driven growth is materially improving DigitalOcean's financial trajectory and competitive stance.

3 Sep

3

DigitalOcean Holdings (DOCN) shares declined 15.7% since the latest earnings report amid investor reaction to results and outlook. Post-earnings stock drop reflects negative sentiment that may pressure near-term valuation and guidance credibility.

28 Aug

3

DigitalOcean is advancing its AI initiatives but questions persist on whether these efforts justify the company's elevated valuation. DigitalOcean AI expansion may moderately affect investor sentiment and positioning without fundamentally reshaping operations.

19 Aug

4

DigitalOcean launched managed AI agents and raised its outlook, shifting its investment story toward stronger growth in AI services. New AI product launch plus upgraded outlook signals major strategic expansion likely to lift revenue trajectory and investor sentiment.

18 Aug

4

DigitalOcean Holdings introduces managed AI agents to its cloud platform. Managed AI agents launch strengthens DigitalOcean's position in AI cloud services.

3

DigitalOcean (DOCN) stock may be overvalued despite a 327% price run. Valuation concerns after large gains may sway investor sentiment and near-term share price.

17 Aug

4

DigitalOcean launched managed AI agents, driving its stock up 5 percent while Fastly shares declined 4 percent. Managed AI agents launch marks major product expansion likely to boost DigitalOcean growth and investor interest.

3

DigitalOcean Holdings stock rises on positive market sentiment driven by company-specific developments in cloud infrastructure and customer growth. Stock price movement signals moderate short-term investor optimism without indicating major strategic shifts.

3

Cloudways launches paid service for enterprises to rehabilitate agents banned by hyperscalers, targeting demand in restricted cloud environments. Targets enterprise gap from hyperscaler bans, supporting moderate revenue growth for DigitalOcean.

3

Cloudways launches managed AI agents with general availability of OpenClaw and Hermes. Cloudways AI agent launch adds product capabilities that can influence DigitalOcean innovation and positioning.

12 Aug

3

DigitalOcean Holdings Inc. Q2 earnings call featured five key analyst questions on company performance and strategy. Earnings call questions highlight strategic priorities that may moderately shape investor sentiment and company outlook.

11 Aug

4 transcript

DigitalOcean Holdings reported Q2 2026 financial results and outlook in its earnings call, covering revenue, margins, customer metrics, and strategic priorities. Earnings call supplies quarterly results plus forward guidance that directly shapes investor assessment of DOCN performance and strategy.

3

DigitalOcean stock posted a 275% one-year return, outpacing Amazon, Microsoft, and Alphabet in the AI cloud space and prompting questions on whether further gains remain available. Outperformance highlighted in title can lift near-term sentiment and trading volume without evidence of immediate fundamental shifts in operations or strategy.

5 Aug

4

DigitalOcean Q2 earnings beat estimates with revenues supported by AI-native cloud demand. Earnings beat and AI cloud demand growth indicate strengthened financials and growth outlook.

3

DigitalOcean Holdings beat Q2 expectations and raised its outlook amid valuation debates. Q2 beat plus raised guidance signals moderate positive effects on near-term performance offset by valuation debate.

3

DigitalOcean Holdings reported Q2 earnings call highlights covering revenue, margins, customer metrics and forward guidance. Q2 results and guidance directly shape near-term investor views on growth and profitability.

4 Aug

4

DigitalOcean raised its 2026 revenue outlook on AI cloud demand, sending shares up 14.6%. Raised 2026 outlook on AI demand signals major growth trajectory shift.

4 transcript

DigitalOcean Holdings Inc reported record AI-driven growth during its Q2 2026 earnings call, highlighting strong performance tied to artificial intelligence initiatives. Record AI-driven growth signals major strategic momentum that can significantly boost future revenue and market position.

4

DigitalOcean Holdings, Inc. released its second quarter 2026 financial results. Quarterly earnings releases typically trigger major shifts in stock price and investor outlook.

3 transcript

DigitalOcean Holdings, Inc. Q2 2026 earnings call covered financial results, performance metrics, and future outlook. Quarterly earnings call supplies performance data and guidance that can influence near-term investor sentiment and stock movement.

3

DigitalOcean Holdings shares rose after the company beat Q2 expectations. Q2 earnings beat triggered immediate share price gains but represents routine financial reporting without altering long-term strategy.

3

DigitalOcean exceeded Q2 CY2026 expectations, yet its stock declined 10.9%. Earnings beat paired with stock drop points to valuation concerns that may limit short-term gains.

3

DigitalOcean Holdings, Inc. (DOCN) exceeded Q2 earnings and revenue estimates. Earnings beat indicates better-than-expected financial results that can lift near-term stock performance and sentiment.

3 Aug

3

DigitalOcean Holdings Inc. (DOCN) is set to report quarterly earnings tomorrow with details on expected revenue, EPS and other financial metrics. Earnings release can move the stock based on results versus forecasts but represents routine quarterly disclosure.

stockrow.com/DOCN · Data as of Jun 30, 2026 · For information only; not investment advice. · © 2026 stockrow.com