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DigitalOcean Holdings Inc has a consensus price target of $39.5 based on the ratings of 16 analysts. The high is $48 issued by Barclays on October 11, 2024. The low is $25 issued by B of A Securities on September 8, 2023. The 3 most-recent analyst ratings were released by Cantor Fitzgerald, Morgan Stanley, and Stifel on January 16, 2025, January 16, 2025, and December 18, 2024, respectively. With an average price target of $40 between Cantor Fitzgerald, Morgan Stanley, and Stifel, there's an implied 6.75% upside for DigitalOcean Holdings Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for DigitalOcean Holdings (NYSE:DOCN) was reported by Cantor Fitzgerald on January 16, 2025. The analyst firm set a price target for $39.00 expecting DOCN to rise to within 12 months (a possible 4.08% upside). 18 analyst firms have reported ratings in the last year.
The latest analyst rating for DigitalOcean Holdings (NYSE:DOCN) was provided by Cantor Fitzgerald, and DigitalOcean Holdings initiated their neutral rating.
The last upgrade for DigitalOcean Holdings Inc happened on January 16, 2025 when Morgan Stanley raised their price target to $41. Morgan Stanley previously had an equal-weight for DigitalOcean Holdings Inc.
The last downgrade for DigitalOcean Holdings Inc happened on September 8, 2023 when B of A Securities changed their price target from $47 to $25 for DigitalOcean Holdings Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of DigitalOcean Holdings, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for DigitalOcean Holdings was filed on January 16, 2025 so you should expect the next rating to be made available sometime around January 16, 2026.
While ratings are subjective and will change, the latest DigitalOcean Holdings (DOCN) rating was a initiated with a price target of $0.00 to $39.00. The current price DigitalOcean Holdings (DOCN) is trading at is $37.47, which is within the analyst’s predicted range.
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