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DigitalOcean (DOCN) Stock Forecast, Price Target & Predictions

OverviewRevenueOwnershipFinancialsChartTranscripts

DOCN Stock Forecast

DigitalOcean (DOCN) stock forecast, based on 16 Wall Street analysts, predicts a 12-month average price target of $45.50, with a high of $80.00 and a low of $33.00. This represents a 64.91% increase from the last price of $27.59.

$25 $36 $47 $58 $69 $80 High: $80 Avg: $45.5 Low: $33 Last Closed Price: $27.59

DOCN Stock Rating

DigitalOcean stock's rating consensus is Buy, based on 16 Wall Street analysts. The breakdown includes 0 Strong Buy (0.00%), 8 Buy (50.00%), 8 Hold (50.00%), 0 Sell (0.00%), and 0 Strong Sell (0.00%).

Buy
Total 16 0 8 8 Strong Sell Sell Hold Buy Strong Buy

DOCN Price Target Upside V Benchmarks

TypeNameUpside
StockDigitalOcean64.91%
SectorTechnology Stocks 33.74%

Price Target Trends

1M3M12M
# Anlaysts--3
Avg Price Target--$38.67
Last Closing Price$27.59$27.59$27.59
Upside/Downside--40.16%
Ratings Trends
DateStrong BuyBuyHoldSellStrong SellTotal
Apr, 25446-115
Mar, 25446-115
Feb, 25446-115
Jan, 25446-115
Dec, 24336-113
Analyst Price Target Forecasts
DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Jul 15, 2024James FishPiper Sandler$34.00$33.202.41%23.23%
May 22, 2024Jeff HickeyUBS$40.00$38.763.20%44.98%
May 13, 2024David HynesCanaccord Genuity$42.00$35.9116.96%52.23%
Nov 07, 2023Gabriela BorgesGoldman Sachs$33.00$23.8538.36%19.61%
Dec 08, 2022Mike CikosNeedham$36.00$29.7521.01%30.48%
Jul 11, 2022Josh BaerMorgan Stanley$45.00$40.3911.41%63.10%
May 19, 2022Timothy HoranOppenheimer$80.00$41.4892.86%189.96%
May 15, 2022Gabriela BorgesGoldman Sachs$49.00$37.8029.63%77.60%
Apr 28, 2022Michael TuritsKeyBanc$54.00$44.0522.59%95.72%
Apr 05, 2022James FishPiper Sandler$72.00$56.8526.65%160.96%
Analyst Rating Forecasts
DateCompanyPrevious RatingNew RatingRating Change
Mar 01, 2025Goldman SachsBuyBuyhold
Jan 24, 2025CitigroupBuyinitialise
Nov 04, 2024Bank of America SecuritiesUnderperformUnderperformhold
Oct 11, 2024BarclaysOverweightOverweighthold
Oct 04, 2024Canaccord GenuityBuyBuyhold
Jul 15, 2024Piper SandlerNeutralNeutralhold
May 22, 2024UBSNeutralinitialise
Oct 23, 2023Piper SandlerOverweightNeutralupgrade
Sep 08, 2023RBC CapitalOutperforminitialise
Jan 10, 2023BarclaysOverweightOverweighthold

Financial Forecast

EPS Forecast

Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27
Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27
Reported$-0.18$-0.24$0.22$0.92---
Avg Forecast$0.34$0.82$1.50$1.75$1.84$2.15$2.48
High Forecast$0.34$0.83$1.52$1.86$2.00$2.39$2.51
Low Forecast$0.33$0.81$1.47$1.70$1.49$1.92$2.43
Surprise %-152.94%-129.27%-85.33%-47.43%---

Revenue Forecast

$400M $560M $720M $880M $1B $1B Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27
Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27
Reported$428.56M$576.32M$692.88M$780.62M---
Avg Forecast$427.82M$574.42M$690.04M$776.24M$877.68M$997.87M$1.18B
High Forecast$434.12M$578.47M$691.39M$776.73M$887.46M$998.02M$1.18B
Low Forecast$422.20M$568.40M$688.11M$775.97M$866.01M$997.72M$1.18B
Surprise %0.17%0.33%0.41%0.56%---

Net Income Forecast

$-100M $-30M $40M $110M $180M $250M Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27
Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27
Reported$-19.50M$-24.28M$19.41M$84.49M---
Avg Forecast$30.38M$-47.27M$19.41M$171.43M$167.83M$207.45M$239.01M
High Forecast$30.96M$-37.82M$23.29M$179.09M$192.37M$230.22M$241.94M
Low Forecast$29.86M$-56.73M$15.53M$163.77M$143.29M$184.69M$234.36M
Surprise %-164.20%-48.63%--50.71%---

DOCN Forecast FAQ

Is DigitalOcean stock a buy?

DigitalOcean stock has a consensus rating of Buy, based on 16 Wall Street analysts. The rating breakdown includes 0 Strong Buy, 8 Buy, 8 Hold, 0 Sell, and 0 Strong Sell, reflecting a consensus that DigitalOcean is a favorable investment for most analysts.

What is DigitalOcean's price target?

DigitalOcean's price target, set by 16 Wall Street analysts, averages $45.5 over the next 12 months. The price target range spans from $33 at the low end to $80 at the high end, suggesting a potential 64.91% change from the previous closing price of $27.59.

How does DigitalOcean stock forecast compare to its benchmarks?

DigitalOcean's stock forecast shows a 64.91% upside, outperforming the average forecast for the technology stocks sector (33.74%).

What is the breakdown of analyst ratings for DigitalOcean over the past three months?

  • April 2025: 26.67% Strong Buy, 26.67% Buy, 40.00% Hold, 0% Sell, 6.67% Strong Sell.
  • March 2025: 26.67% Strong Buy, 26.67% Buy, 40.00% Hold, 0% Sell, 6.67% Strong Sell.
  • February 2025: 26.67% Strong Buy, 26.67% Buy, 40.00% Hold, 0% Sell, 6.67% Strong Sell.

What is DigitalOcean’s EPS forecast?

DigitalOcean's average annual EPS forecast for its fiscal year ending in December 2025 is $1.84, marking a 100.00% increase from the reported $0.92 in 2024. Estimates for the following years are $2.15 in 2026, and $2.48 in 2027.

What is DigitalOcean’s revenue forecast?

DigitalOcean's average annual revenue forecast for its fiscal year ending in December 2025 is $877.68M, reflecting a 12.43% increase from the reported $780.62M in 2024. The forecast for 2026 is $997.87M, and $1.18B for 2027.

What is DigitalOcean’s net income forecast?

DigitalOcean's net income forecast for the fiscal year ending in December 2025 stands at $167.83M, representing an 98.63% increase from the reported $84.49M in 2024. Projections indicate $207.45M in 2026, and $239.01M in 2027.