DigitalOcean (DOCN)
(Delayed Data from NYSE)
$28.69 USD
-2.16 (-7.00%)
Updated Aug 2, 2024 04:00 PM ET
After-Market: $28.70 +0.01 (0.03%) 7:58 PM ET
1-Strong Buy of 5 1
D Value A Growth C Momentum B VGM
DigitalOcean Holdings, Inc. (DOCN) Price Targets
Average Price Target | Highest Price Target | Lowest Price Target | Upside to Average Price Target |
---|---|---|---|
$37.82 | $47.00 | $25.00 | 22.59% |
Price Target
Based on short-term price targets offered by 11 analysts, the average price target for DigitalOcean Holdings, Inc. comes to $37.82. The forecasts range from a low of $25.00 to a high of $47.00. The average price target represents an increase of 22.59% from the last closing price of $30.85.
Analyst Price Targets (11)
Broker Rating
DigitalOcean Holdings, Inc. currently has an average brokerage recommendation (ABR) of 2.15 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell etc.) made by 13 brokerage firms. The current ABR compares to an ABR of 2.15 a month ago based on 13 recommendations.
Of the 13 recommendations deriving the current ABR, six are Strong Buy, representing 46.15% of all recommendations. A month ago, Strong Buy represented 46.15%.
Broker Rating Breakdown
![Broker Rating Visualization](https://widget3.zacks.com/images/charts/bar/brokerage/bar/DOCN.png)
Brokerage Recommendations
Today | 1 Week Ago | 1 Month Ago | 2 Months Ago | 3 Months Ago | |
---|---|---|---|---|---|
Strong Buy | 6 | 6 | 6 | 6 | 6 |
Buy | 0 | 0 | 0 | 0 | 0 |
Hold | 6 | 6 | 6 | 6 | 5 |
Sell | 1 | 1 | 1 | 1 | 1 |
Strong Sell | 0 | 0 | 0 | 0 | 0 |
ABR | 2.15 | 2.15 | 2.15 | 2.15 | 2.08 |
1. Not Ident. Many of the brokerage firms who provide Zacks data ask that we keep their identity confidential.
2. In most cases the # of brokers listed above is less than the # of brokerage firms that have a recommendation on the stock. That is because some firms prohibit Zacks from displaying detailed information on their recommendations such as in the upgrade/downgrade table.
Analyst Upgrades/Downgrades
Date | Brokerage Firm | Analyst | Previous | Current |
---|---|---|---|---|
7/31/2024 | JMP Securities | Patrick D Walravens | Strong Buy | Strong Buy |
7/15/2024 | Piper Sandler | James Fish | Hold | Hold |
5/22/2024 | UBS | Jeff Hickey | Not Available | Hold |
5/13/2024 | Canaccord Genuity | Kingsley W Crane | Strong Buy | Strong Buy |
5/13/2024 | Needham & Company | Michael J Cikos | Hold | Hold |
2/22/2024 | William Blair | Jason N Ader | Strong Buy | Strong Buy |
2/22/2024 | Not Identified | Not Identified | Strong Buy | Strong Buy |
1/12/2024 | Not Identified | Not Identified | Strong Buy | Strong Buy |
11/7/2023 | Goldman Sachs | Gabriela Borges | Strong Sell | Strong Buy |
1. Not Ident. Many of the brokerage firms who provide Zacks data ask that we keep their identity confidential.
2. In most cases the # of brokers listed above is less than the # of brokerage firms that have a recommendation on the stock. That is because some firms prohibit Zacks from displaying detailed information on their recommendations such as in the upgrade/downgrade table.
Average Brokerage Rating
Current ABR | 2.15 |
ABR (Last week) | 2.15 |
# of Recs in ABR | 13 |
Average Target Price | $37.82 |
LT Growth Rate | 13.10% |
Industry | Internet - Software |
Industry Rank by ABR | 91 of 253 |
Current Quarter EPS Est: | 0.39 |