DigitalOcean Holdings, Inc., through its subsidiaries, operates a cloud computing platform in North America, Europe, Asia, and internationally. The company provides on-demand infrastructure and platform tools for developers at growing technology companies. It also offers infrastructure-as-a-service (IaaS) solutions comprising compute, storage, and networking products, including cloud firewalls, managed load balancers, and virtual private cloud software, as well as IP address management and domain name system management. In addition, the company provides platform-as-a-service (PaaS) and software-as-a-service (SaaS) solutions, such as managed databases; managed Kubernetes and container registry; application platform to build, deploy, and scale applications; Functions, a serverless compute solution; and Uptime for real-time uptime and latency alerts, as well as managed hosting and DigitalOcean Marketplace, a platform where developers can find pre-configured applications and solutions. Further, it offers artificial intelligence (AI)/machine learning (ML) applications comprising GPU droplets; GENAI platform, a solution for deploying AI applications; bare metal GPUS which provides access to a GPU server without any virtualization layer and gives developers with customizable server for their use case; and Jupyter Notebooks that provides cloud workspace and managed interactive development environment for exploring data and training, and building machine learning models. Its customers use its platform in various industry verticals, such as gaming, fintech, and cybersecurity, as well as for a range of use cases, including building and hosting websites, web and mobile applications development, AI integration, and building AI products and applications. DigitalOcean Holdings, Inc. was incorporated in 2012 and is headquartered in New York, New York.
Cloud Innovation | Explore DigitalOcean's strategic shift towards AI and ML, with its GenAI Platform targeting developers and SMBs seeking accessible AI solutions |
Financial Performance | DigitalOcean reported $806.6M in trailing twelve-month revenue, with Q4 2024 EPS of $0.49 surpassing estimates. Analysts project continued growth |
Market Positioning | Learn how DigitalOcean competes with larger cloud providers by focusing on simplicity, innovation, and targeted offerings for developers and SMBs |
Future Prospects | Delve into DigitalOcean's potential in the expanding AI market, with analyst price targets ranging from $37 to $55, reflecting varied growth expectations |
Metrics to compare | DOCN | Sector Sector - Average of metrics from a broad group of related Technology sector companies | Relationship RelationshipDOCNPeersSector | |
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P/E Ratio | 22.6x | 16.3x | 11.8x | |
PEG Ratio | 0.19 | 0.11 | 0.01 | |
Price/Book | −11.7x | 4.8x | 2.4x | |
Price / LTM Sales | 3.0x | 4.0x | 2.2x | |
Upside (Analyst Target) | 40.7% | 29.5% | 20.0% | |
Fair Value Upside | Unlock | 10.5% | 5.7% | Unlock |