DigitalOcean Holdings (DOCN) Stock Forecast for 2024–2028. Sell or Buy Prediction







Maximizing Profits: When is the Right Time to Sell Your Business?

April 23, 2024 Maximizing Profits: When is the Right Time to Sell Your Business?

Selling a business can be a momentous decision filled with many considerations and uncertainties. As an entrepreneur, this also symbolizes your years of…
Improve Your Financial Status: A How-To Guide

April 12, 2024 Improve Your Financial Status: A How-To Guide

Navigating through the complexities of personal finance can often feel like walking through a maze blindfolded. This guide is crafted especially for you,…
How ZIM Integrated Container Tracking is Revolutionizing Global Trade

April 12, 2024 How ZIM Integrated Container Tracking is Revolutionizing Global Trade

Have you ever wondered how your online shopping packages get to you? A big part of the answer is ZIM Integrated Container Tracking.…
6 Best Growth Stocks To Buy Now According to Metatrader 5

March 15, 2024 6 Best Growth Stocks To Buy Now According to Metatrader 5

One of the reasons investors prefer growth stocks is that they are expected to perform better than other companies in terms of sales…

DigitalOcean Holdings (DOCN) Stock Forecast for 2024–2028. Sell or Buy?

Updated: April 29, 2024 (09:00)

Sector: Technology

The share price of DigitalOcean Holdings, Inc. (DOCN) now

Latest session on the 26th of April for
DigitalOcean Holdings, Inc. is positive
Trading Volume: 826799
Open: 32.86 /  High: 33.82 /  Low: 32.58
What analysts predict: $39.22
52-week High/Low: $51.69 / $19.39

50/200 Day Moving Average: $37.82 / $33.47

This figure corresponds to the Average Price over the previous 50/200 days. For DigitalOcean Holdings stocks, the 50-day moving average is the resistance level today.

For DigitalOcean Holdings stocks, the 200-day moving average is the support level today.

Are you interested in DigitalOcean Holdings, Inc. stocks and want to buy them, or are they already in your portfolio? If yes, then on this page you will find useful information about the dynamics of the DigitalOcean Holdings stock price in 2024, 2025, 2026, 2027, 2028. How much will one DigitalOcean Holdings share be worth in 2024 - 2028?

When should I take profit in DigitalOcean Holdings stock? When should I record a loss on DigitalOcean Holdings stock? What are analysts' forecasts for DigitalOcean Holdings stock? What is the future of DigitalOcean Holdings stock? We forecast DigitalOcean Holdings stock performance using neural networks based on historical data on DigitalOcean Holdings stocks. Also, when forecasting, technical analysis tools are used, world geopolitical and news factors are taken into account.

DigitalOcean Holdings stock prediction results are shown below and presented in the form of graphs, tables and text information, divided into time intervals. (Next month, 2024, 2025, 2026, 2027 and 2028) The final quotes of the instrument at the close of the previous trading day are a signal to adjust the forecasts for DigitalOcean Holdings shares. This happens once a day.


Historical and forecast chart of DigitalOcean Holdings stock

The chart below shows the historical price of DigitalOcean Holdings stock and a prediction chart for the next month. For convenience, prices are divided by color. Forecast prices include: Optimistic Forecast, Pessimistic Forecast, and Weighted Average Best Forecast. Detailed values for the DigitalOcean Holdings stock price can be found in the table below.

Long-term forecasts by years.

DigitalOcean Holdings, Inc. operates a cloud computing platform that offers infrastructure and platform tools for developers, startups, and small and medium-sized enterprises in North America, Europe, Asia and internationally. It offers infrastructure solutions for computing, storage and networking, as well as developer suggestions for managed applications, containers, and databases. The company’s users include software engineers, researchers, data scientists, system administrators, students, and hobbyists.

DigitalOcean Holdings daily forecast for a month

Date Target Pes. Opt. Vol., %
May 01 33.60 32.77 34.02 3.82
May 02 33.47 32.81 33.80 3.02
May 03 33.23 32.75 33.72 2.97
May 04 33.28 33.02 34.15 3.41
May 05 34.14 33.41 34.68 3.81
May 06 34.92 34.32 35.45 3.29
May 07 35.00 34.58 36.01 4.11
May 08 34.84 34.46 35.23 2.23
May 09 34.43 33.73 34.97 3.68
May 10 34.70 34.11 35.41 3.83
May 11 33.57 32.90 34.50 4.85
May 12 34.34 33.69 34.97 3.80
May 13 34.57 33.78 35.20 4.20
May 14 35.76 35.14 36.79 4.72
May 15 35.27 34.47 36.18 4.98
May 16 36.45 35.59 36.80 3.39
May 17 37.84 36.89 38.41 4.13
May 18 39.02 38.45 39.39 2.43
May 19 39.06 38.57 39.85 3.31
May 20 38.01 36.87 38.41 4.19
May 21 37.93 36.85 38.67 4.93
May 22 38.54 37.92 39.59 4.40
May 23 38.41 37.88 39.37 3.93
May 24 38.36 37.80 38.83 2.74
May 25 39.82 38.72 40.34 4.18
May 26 40.26 39.33 40.92 4.05
May 27 38.78 38.45 39.14 1.80
May 28 38.00 36.96 38.57 4.38
May 29 37.58 37.19 38.31 2.99
May 30 37.79 36.91 38.78 5.06

DigitalOcean Holdings Daily Price Targets


DigitalOcean Holdings Stock Forecast 05-01-2024.

Forecast target price for 05-01-2024: $33.60.
Positive dynamics for DigitalOcean Holdings shares will prevail with possible volatility of 3.678%.
Pessimistic target level: 32.77
Optimistic target level: 34.02

DigitalOcean Holdings Stock Forecast 05-02-2024.

Forecast target price for 05-02-2024: $33.47.
Negative dynamics for DigitalOcean Holdings shares will prevail with possible volatility of 2.935%.
Pessimistic target level: 32.81
Optimistic target level: 33.80

DigitalOcean Holdings Stock Forecast 05-03-2024.

Forecast target price for 05-03-2024: $33.23.
Negative dynamics for DigitalOcean Holdings shares will prevail with possible volatility of 2.884%.
Pessimistic target level: 32.75
Optimistic target level: 33.72

DigitalOcean Holdings Stock Forecast 05-04-2024.

Forecast target price for 05-04-2024: $33.28.
Positive dynamics for DigitalOcean Holdings shares will prevail with possible volatility of 3.296%.
Pessimistic target level: 33.02
Optimistic target level: 34.15

DigitalOcean Holdings Stock Forecast 05-05-2024.

Forecast target price for 05-05-2024: $34.14.
Positive dynamics for DigitalOcean Holdings shares will prevail with possible volatility of 3.666%.
Pessimistic target level: 33.41
Optimistic target level: 34.68

DigitalOcean Holdings Stock Forecast 05-06-2024.

Forecast target price for 05-06-2024: $34.92.
Positive dynamics for DigitalOcean Holdings shares will prevail with possible volatility of 3.182%.
Pessimistic target level: 34.32
Optimistic target level: 35.45

DOCN (DOCN) Monthly Stock Prediction for 2024

Month Target Pes. Opt. Vol., %
May. 30.06 26.98 33.77 20.09
Jun. 28.19 25.12 30.35 17.24
Jul. 28.19 25.66 31.66 18.95
Aug. 26.65 25.12 30.06 16.45
Sep. 27.12 26.25 29.33 10.50
Oct. 29.03 27.50 31.63 13.07
Nov. 27.68 25.29 29.94 15.53
Dec. 27.95 24.64 30.10 18.13

DigitalOcean Holdings forecast for this year


DigitalOcean Holdings Stock Prediction for May 2024

An downtrend is forecast for this month with an optimal target price of $30.0617. Pessimistic: $26.98. Optimistic: $33.77


DigitalOcean Holdings Stock Prediction for Jun 2024

An downtrend is forecast for this month with an optimal target price of $28.1858. Pessimistic: $25.12. Optimistic: $30.35


DigitalOcean Holdings Stock Prediction for Jul 2024

An downtrend is forecast for this month with an optimal target price of $28.1858. Pessimistic: $25.66. Optimistic: $31.66


DigitalOcean Holdings Stock Prediction for Aug 2024

An downtrend is forecast for this month with an optimal target price of $26.6525. Pessimistic: $25.12. Optimistic: $30.06


DigitalOcean Holdings Stock Prediction for Sep 2024

An uptrend is forecast for this month with an optimal target price of $27.1216. Pessimistic: $26.25. Optimistic: $29.33


DigitalOcean Holdings Stock Prediction for Oct 2024

An uptrend is forecast for this month with an optimal target price of $29.031. Pessimistic: $27.50. Optimistic: $31.63


DigitalOcean Holdings Stock Prediction for Nov 2024

An downtrend is forecast for this month with an optimal target price of $27.6839. Pessimistic: $25.29. Optimistic: $29.94


DigitalOcean Holdings Stock Prediction for Dec 2024

An uptrend is forecast for this month with an optimal target price of $27.9497. Pessimistic: $24.64. Optimistic: $30.10



DigitalOcean Holdings (DOCN) Monthly Stock Prediction for 2025

Month Target Pes. Opt. Vol., %
Jan 26.03 24.49 28.65 14.53
Feb 23.57 21.91 26.13 16.16
Mar 20.25 17.85 22.75 21.51
Apr 21.68 20.50 22.99 10.86
May 23.10 20.29 24.32 16.57
Jun 26.39 23.09 29.55 21.86
Jul 28.96 25.30 31.28 19.11
Aug 31.51 28.18 32.77 14.00
Sep 35.90 34.35 39.17 12.32
Oct 39.86 35.84 44.71 19.83
Nov 43.31 40.88 44.97 9.09
Dec 36.52 32.25 39.79 18.94

DigitalOcean Holdings (DOCN) Monthly Stock Prediction for 2026

Month Target Pes. Opt. Vol., %
Jan 38.09 36.81 39.56 6.93
Feb 37.30 34.20 41.54 17.67
Mar 35.81 31.63 37.18 14.95
Apr 38.67 36.45 43.07 15.37
May 40.72 37.91 43.91 13.65
Jun 39.22 34.51 42.29 18.40
Jul 37.33 33.03 39.84 17.09
Aug 34.95 33.44 37.46 10.75
Sep 31.09 27.51 32.73 15.96
Oct 29.50 28.17 31.34 10.09
Nov 28.84 25.47 32.43 21.48
Dec 27.27 25.65 28.75 10.77

DigitalOcean Holdings (DOCN) Monthly Stock Prediction for 2027

Month Target Pes. Opt. Vol., %
Jan 28.84 27.04 29.76 9.15
Feb 32.11 30.62 33.91 9.70
Mar 30.83 29.74 34.77 14.47
Apr 31.52 28.75 33.84 15.05
May 35.40 33.99 37.95 10.45
Jun 36.37 32.47 37.99 14.55
Jul 37.65 35.18 38.97 9.74
Aug 32.83 30.88 34.14 9.54
Sep 29.41 27.01 32.42 16.69
Oct 29.41 26.07 31.48 17.19
Nov 31.67 28.48 35.52 19.83
Dec 34.41 30.33 38.48 21.17

DigitalOcean Holdings (DOCN) Monthly Stock Prediction for 2028

Month Target Pes. Opt. Vol., %
Jan 34.13 32.66 37.03 11.80
Feb 32.17 28.67 35.31 18.80
Mar 32.73 30.32 34.83 12.93
Apr 36.71 34.89 40.71 14.29
May 34.77 31.83 36.11 11.86
Jun 33.72 31.18 35.82 12.95
Jul 38.30 34.01 42.04 19.10
Aug 38.06 35.44 41.47 14.54
Sep 38.61 36.75 41.88 12.24
Oct 35.46 33.81 38.80 12.87
Nov 35.91 32.81 39.18 16.28
Dec 37.98 36.40 42.05 13.44

DigitalOcean Holdings information and performance

DigitalOcean Holdings Address

101 AVENUE OF THE AMERICAS, 10TH FLOOR, NEW YORK, NY, US

Market Capitalization: 2 944 537 000 $

Market capitalization of the DigitalOcean Holdings, Inc. is the total market value of all issued shares of a company. It is calculated by the formula multiplying the number of DOCN shares in the company outstanding by the market price of one share.

EBITDA: 176 124 000 $

EBITDA of DigitalOcean Holdings is earnings before interest, income tax and depreciation of assets.

PE Ratio: 162.15

P/E ratio (price to earnings) - shows the ratio between the price of a share and the company's profit

PEG Ratio: 1.871

Price/earnings to growth

DPS: None

Dividend Per Share is a financial indicator equal to the ratio of the company's net profit available for distribution to the annual average of ordinary shares.

DY: None

Dividend yield is a ratio that shows how much a company pays in dividends each year at the stock price.

EPS: 0.2

EPS shows how much of the net profit is accounted for by the common share.

Quarterly Earnings Growth YOY: 1.525
Quarterly Revenue Growth YOY: 0.11
Trailing PE: 162.15

Trailing P/E depends on what has already been done. It uses the current share price and divides it by the total earnings per share for the last 12 months.

Forward PE: 21.55

Forward P/E uses projections of future earnings instead of final numbers.

EV To Revenue: 6.4

Enterprise Value (EV) /Revenue

EV To EBITDA: 28.85

The EV / EBITDA ratio shows the ratio of the cost (EV) to its profit before tax, interest and amortization (EBITDA).

Shares Outstanding: 90797000

Number of issued ordinary shares

Shares Float: N/A

Number of freely tradable shares

Shares Short Prior Month: N/A

Shares Short Prior Month - the number of shares in short positions in the last month.

Short Ratio: N/A
Percent Insiders: N/A
Percent Institutions: N/A



Related stocks from Technology sector


Disclaimer:

All forecast data on the site are provided for informational purposes of using neural forecasting tools in the financial market and are not a call to action and, moreover, are not trading signals. When using the forecast data, the investor assumes all financial risks. The pandaforecast.com portal is not responsible for the loss of your money in the stock market as a result of using the information contained on the site.