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DigitalOcean Holdings

DOCNNYSE
Logo brought to you by Benzinga Data
$35.70
0.250.71%
At close: -
$36.21
0.511.43%
After Hours: Dec 20, 6:44 PM EDT
Consensus Rating1
Neutral
Highest Price Target1
$48.00
Lowest Price Target1
$25.00
Consensus Price Target1
$38.69

DigitalOcean Holdings (NYSE:DOCN) Stock, Analyst Ratings, Price Targets, Forecasts

DigitalOcean Holdings Inc has a consensus price target of $38.69 based on the ratings of 15 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 Stifel, JP Morgan, and Barclays on December 18, 2024, October 25, 2024, and October 11, 2024, respectively. With an average price target of $42.67 between Stifel, JP Morgan, and Barclays, there's an implied 17.83% upside for DigitalOcean Holdings Inc from these most-recent analyst ratings.

Analyst Trends and Forecast
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Jul
1
1
Aug
2
1
Oct
0
0
0
0
Nov
0
0
0
0
Dec
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
3.2
Hold
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Stifel
JP Morgan
Barclays
Canaccord Genuity
UBS

1calculated from analyst ratings

Analyst Ratings for DigitalOcean Holdings

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FAQ

Q

What is the target price for DigitalOcean Holdings (DOCN) stock?

A

The latest price target for DigitalOcean Holdings (NYSE:DOCN) was reported by Stifel on December 18, 2024. The analyst firm set a price target for $40.00 expecting DOCN to rise to within 12 months (a possible 10.47% upside). 17 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for DigitalOcean Holdings (DOCN)?

A

The latest analyst rating for DigitalOcean Holdings (NYSE:DOCN) was provided by Stifel, and DigitalOcean Holdings maintained their hold rating.

Q

When was the last upgrade for DigitalOcean Holdings (DOCN)?

A

The last upgrade for DigitalOcean Holdings Inc happened on November 21, 2023 when Oppenheimer raised their price target to $37. Oppenheimer previously had a perform for DigitalOcean Holdings Inc.

Q

When was the last downgrade for DigitalOcean Holdings (DOCN)?

A

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.

Q

When is the next analyst rating going to be posted or updated for DigitalOcean Holdings (DOCN)?

A

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 December 18, 2024 so you should expect the next rating to be made available sometime around December 18, 2025.

Q

Is the Analyst Rating DigitalOcean Holdings (DOCN) correct?

A

While ratings are subjective and will change, the latest DigitalOcean Holdings (DOCN) rating was a maintained with a price target of $35.00 to $40.00. The current price DigitalOcean Holdings (DOCN) is trading at is $36.21, which is within the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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