stocksbrew

DigitalOceanDOCN

Buy more

Buy more at today's $90, already under our buy price.

  • 8 good· Earnings beat
  • 4 to watch· Below 50-day

$89.82+2.67 (+3.06%)

Price at 3:01 PM ET

After hours · opens in 17h 24mNext open: Friday, Nov 13, 9:30 AM ET

NYSE · Technology · Information Technology · Mid-size company

The price we'd buy DOCN at comes with a free account

It also has the whole brief, the scorecard and how the call has moved.A free account gets it on three stocks you pick, plus three long research reports a month.

What would change it

Sources

Any one could move it to Keep

Next report

  • below14%

    sales growth

Compared with the S&P 500

  • 21 points

    worse in one day

  • 47 points

    worse in five trading days

+79.6% in a year

Earnings report

Latest results

Reported Nov 3 before the open
EPS
$0.23
vs $0.11 expected, beat by $0.12 a share
The stock
+0.8%
On Nov 3, usually 14%

The news behind our call

written Oct 27, 10:35 AM ETOct 27, 10:35 AM ET · 7 articles · 5 sources
  • Growth supports DOCN, but funding concerns challenge its rich valuation

  • DigitalOcean generates strong returns and has substantial institutional ownership.

What changed

From Yahoo Finance, gurufocus.com, AlphaStreet and 2 more
  1. Strong Q3 Growth Supports DigitalOcean Shares

    The article highlights strong third-quarter growth and argues DigitalOcean’s current valuation remains reasonably grounded in its sales, providing a plausible positive catalyst for the 3.22% rise. However, it offers broad investment commentary rather than a specific new announcement, so the connection is not definitive.

    Move · Today

  2. DigitalOcean (DOCN) stock looks fairly priced after strong Q3 growth

    Yesterday

  3. DigitalOcean advances 11% as tech shares rebound

    Yesterday

  4. ZM vs. DOCN: Which stock is the better value option?

    Monday

  5. DigitalOcean announces collaboration with Box

    Nov 5

  6. DigitalOcean launches Cuttlefish to Supervise AI agents from Anywhere, with Box as launch partner

    Nov 5

  7. DigitalOcean Holdings (DOCN) could be 62% below fair value following results and $1b offering

    Nov 5

  8. DigitalOcean stock jumps on higher guidance and AI revenue growth

    Nov 5

Overview

In plain numbers

  • Revenue grew 28% from a year earlier, to $1.1B in the last twelve months.
  • It keeps 12 cents of every revenue dollar as operating profit, up from a loss of 3 cents in FY 2021.
  • It turned 10.6% of revenue into free cash flow: $117.3M in the last twelve months.
  • It owes $2.1B and holds $844.7M in cash and investments, so net debt is $1.2B.

Key figures

Revenue (TTM)
$1.1B
Revenue growth, 1 year
+27.6%
Net income
$34.3M
EPS (diluted)
$0.33
Gross margin
54.7%
Operating margin
12.5%
Return on equity
5.1%
Return on capital
4.2%
Debt / equity
1.45
Current ratio
1.15
Buyback yield
-15.12%

Key facts

Company value
$8.6B
Price / last year's earnings
60.1×
Today's range
82.0092.24
Past year's range
43.18181.29
Yesterday's close
$87.15
Swings vs the market
1.6×bigger

Why it moved

After hours

That's a wrap.

17hrs24min05sec

Market opens Friday, Nov 13 at 9:30 AM ET