Digitalocean share price today

(DOCN)

Digitalocean share price is $35.7 & ₹3,033.64 as on 21 Dec 2024, 2.30 'hrs' IST

$35.7

▲

0.25

(0.71%)

Market is closed - opens 8 PM, 23 Dec 2024

View live Digitalocean share price in Dollar and Rupees. Guide to invest in Digitalocean from India. Also see the sentimental analysis on Indian investors investing in Digitalocean. Get details on the Indian mutual funds that are investing in Digitalocean. Get Analyst recommendations and forecasts along with all the Digitalocean's financials.

Digitalocean share price movements

Today's Low: $34.68
Today's High: $36.43
$35.70
2.87%
Downside
Day's Volatility :4.83%
Upside
2.01%
52 Weeks Low: $26.63
52 Weeks High: $44.80
$35.70
25.41%
Downside
52 Weeks Volatility :40.56%
Upside
20.31%

Digitalocean Returns

Period	Digitalocean Holdings, Inc.	Sector (Technology)	Index (Russel 2000)
3 Months	-13.12%	6.0%	0.0%
6 Months	9.64%	3.3%	0.0%
1 Year	-3.28%	23.0%	0.0%
3 Years	-54.95%	39.0%	-19.7%

Digitalocean Key Statistics

in dollars & INR

Previous Close	$35.45
Open	$34.61
Today's High	$36.4336
Today's Low	$34.675
Market Capitalization	$3.3B
Today's Volume	$1.2M
52 Week High	$44.8
52 Week Low	$26.63
Revenue TTM	$756.6M
EBITDA	$229.0M
Earnings Per Share (EPS)	$0.86
PE Ratio	41.22
Profit Margin	10.86%
Quarterly Earnings Growth YOY	0.65%
Return On Equity TTM	-38.68%

How to invest in Digitalocean from India?

It is very easy for Indian residents to invest directly in Digitalocean from India. Indian investors can open a free US stocks account on the INDmoney app. You can find live prices of the Digitalocean stock in both Indian Rupees (INR) and US Dollars (USD). Search for Digitalocean or DOCN on the INDmoney app and click on Buy or SIP. You can invest by choosing quantities of shares of Digitalocean or rupee/ dollar value or set up a fixed SIP amount to be invested every month or week.

For example: You can easily buy Rs.100 worth of Digitalocean shares which would translate to 0.024 fractional shares of Digitalocean as of today. Learn more about fractional investing.

Indians can now also easily transfer and add money to their US stocks account via the INDmoney app. Invest in US Stocks from India , including recognised companies like Digitalocean, in just a few clicks!

Returns in Digitalocean for Indian investors in Rupees

Investment Value

₹1,00,000

Digitalocean investment value today

Current value as on today

₹1,05,474

Returns

₹5,474

(+5.47%)

Returns from Digitalocean Stock

₹3,278 (false-3.28%)

Dollar Returns

₹2,196 (+2.2%)

Indian investors sentiment towards Digitalocean

-2%

Period: Sep 21, 2024 to Dec 20, 2024. Change in 30 Days versus previous period

Search volume for Digitalocean on INDmoney from India has reduced in the last 30 days as on Dec 21, 2024. -2% less investors are searching Digitalocean in the last 30 days versus the previous period.

Global Institutional Holdings in Digitalocean

BlackRock Inc
10.19%
Vanguard Group Inc
9.01%
State Street Corp
2.54%
Lazard Asset Management LLC
2.37%
Wellington Management Company LLP
2.25%
IA Venture Strategies Fund II, LP
1.60%

Analyst Recommendation on Digitalocean

Buy

61%Buy

33%Hold

5%Sell

Based on 18 Wall street analysts offering stock ratings for Digitalocean(by analysts ranked 0 to 5 stars)

Based on 18 analyst

Current
1M Ago
3M Ago

Buy

Hold

Sell

Analyst Forecast on Digitalocean

What analysts predicted

Upside of 14.08%

Current:

$35.70

Target:

$40.73

Insights on Digitalocean

Price Movement
In the last 7 days, DOCN stock has moved down by -6.4%
Increasing Revenue
Revenue is up for the last 19 quarters, 72.79M → 198.48M (in $), with an average increase of 5.4% per quarter
Increasing Net Profit
Netprofit is up for the last 3 quarters, 14.13M → 32.94M (in $), with an average increase of 34.0% per quarter
DOCN vs PLTR (1 yr)
In the last 1 year, Palantir Technologies Inc has given 357.9% return, outperforming this stock by 362.6%
DOCN vs PLTR (3 yr)
In the last 3 years, Palantir Technologies Inc has given 326.2% return, outperforming this stock by 382.4%
Price to Sales
ForDOCN every $1 of sales, investors are willing to pay $4.3, whereas for Palantir Technologies Inc, the investors are paying $67.6 for every $1 of sales.

Digitalocean Financials in INR & Dollars

	FY18	Y/Y Change
Revenue	$203.1M	-
Net Income	$-36.0M	-
Net Profit Margin	-17.72%	-

	FY19	Y/Y Change
Revenue	$254.8M	↑ 25.44%
Net Income	$-40.4M	↑ 12.2%
Net Profit Margin	-15.85%	↑ 1.87%

	FY20	Y/Y Change
Revenue	$318.4M	↑ 24.94%
Net Income	$-43.6M	↑ 7.87%
Net Profit Margin	-13.68%	↑ 2.17%

	FY21	Y/Y Change
Revenue	$428.6M	↑ 34.61%
Net Income	$-19.5M	↓ 55.24%
Net Profit Margin	-4.55%	↑ 9.13%

	FY22	Y/Y Change
Revenue	$576.3M	↑ 34.48%
Net Income	$-24.3M	↑ 24.51%
Net Profit Margin	-4.21%	↑ 0.34%

	FY23	Y/Y Change
Revenue	$692.9M	↑ 20.23%
Net Income	$19.4M	↓ 179.93%
Net Profit Margin	2.8%	↑ 7.01%

	Q2 FY23	Q/Q Change
Revenue	$169.8M	↑ 2.83%
Net Income	$4.0M	↓ 111.39%
Net Profit Margin	2.34%	↑ 23.5%

	Q3 FY23	Q/Q Change
Revenue	$177.1M	↑ 4.27%
Net Income	$19.2M	↑ 381.66%
Net Profit Margin	10.83%	↑ 8.49%

	Q4 FY23	Q/Q Change
Revenue	$180.9M	↑ 2.15%
Net Income	$15.9M	↓ 16.88%
Net Profit Margin	8.81%	↓ 2.02%

	Q1 FY24	Q/Q Change
Revenue	$184.7M	↑ 2.13%
Net Income	$14.1M	↓ 11.29%
Net Profit Margin	7.65%	↓ 1.16%

	Q2 FY24	Q/Q Change
Revenue	$192.5M	↑ 4.19%
Net Income	$19.1M	↑ 35.36%
Net Profit Margin	9.94%	↑ 2.29%

	Q3 FY24	Q/Q Change
Revenue	$198.5M	↑ 3.12%
Net Income	$32.9M	↑ 72.17%
Net Profit Margin	16.6%	↑ 6.66%

	FY18	Y/Y Change
Profit	$106.1M	-

	FY19	Y/Y Change
Profit	$132.6M	↑ 24.95%

	FY20	Y/Y Change
Profit	$172.8M	↑ 30.39%

	FY21	Y/Y Change
Profit	$258.0M	↑ 49.24%

	FY22	Y/Y Change
Profit	$364.4M	↑ 41.26%

	FY23	Y/Y Change
Profit	$408.9M	↑ 12.22%

	Q2 FY23	Q/Q Change
Profit	$102.5M	↑ 9.87%

	Q3 FY23	Q/Q Change
Profit	$106.7M	↑ 4.17%

	Q4 FY23	Q/Q Change
Profit	$106.5M	↓ 0.25%

	Q1 FY24	Q/Q Change
Profit	$112.1M	↑ 5.28%

	Q2 FY24	Q/Q Change
Profit	$117.3M	↑ 4.68%

	Q3 FY24	Q/Q Change
Profit	$119.4M	↑ 1.79%

	FY18	Y/Y Change
Operating Cash Flow	$38.0M	-
Investing Cash Flow	$-61.3M	-
Financing Cash Flow	$-14.2M	-

	FY19	Y/Y Change
Operating Cash Flow	$39.9M	↑ 5.13%
Investing Cash Flow	$-87.4M	↑ 42.66%
Financing Cash Flow	$49.8M	↓ 449.55%

	FY20	Y/Y Change
Operating Cash Flow	$58.1M	↑ 45.64%
Investing Cash Flow	$-115.5M	↑ 32.17%
Financing Cash Flow	$124.0M	↑ 149.03%

	FY21	Y/Y Change
Operating Cash Flow	$133.1M	↑ 129.05%
Investing Cash Flow	$-113.6M	↓ 1.63%
Financing Cash Flow	$1.6B	↑ 1184.71%

	FY22	Y/Y Change
Operating Cash Flow	$195.2M	↑ 46.61%
Investing Cash Flow	$-1.1B	↑ 910.66%
Financing Cash Flow	$-610.4M	↓ 138.31%

	Q2 FY23	Q/Q Change
Operating Cash Flow	$64.2M	↑ 77.17%
Investing Cash Flow	$51.6M	↓ 52.22%
Financing Cash Flow	$-100.8M	↓ 61.87%

	Q3 FY23	Q/Q Change
Operating Cash Flow	$54.1M	↓ 15.76%
Investing Cash Flow	$4.6M	↓ 91.17%
Financing Cash Flow	$-108.4M	↑ 7.54%

Digitalocean Technicals Summary

Sell

Neutral

Buy

Digitalocean is currently in a neutral trading position according to technical analysis indicators.

Digitalocean Vs Peers

Company Name	1 Month	6 Month	1 Year	3 Years	5 Years
Digitalocean Holdings, Inc.	-8.16%	9.64%	-3.28%	-54.95%	-16.0%
Microsoft Corporation	5.75%	-2.47%	16.56%	31.03%	177.36%
Palantir Technologies Inc	31.27%	233.4%	362.67%	326.64%	747.89%
Palo Alto Networks, Inc.	-6.07%	17.96%	25.27%	102.01%	384.45%
Adobe Systems Inc.	-11.35%	-14.69%	-25.32%	-20.71%	35.94%
Oracle Corp.	-11.83%	21.28%	59.76%	88.8%	215.88%

Company Name	P/E Ratio	P/B Ratio	PEG Ratio	EPS	ROE	ROA	Div Yield	BVPS
Digitalocean Holdings, Inc.	41.22	41.22	1.87	1.75	-0.39	0.04	NA	-2.29
Microsoft Corporation	36.09	36.09	2.32	11.8	0.36	0.15	0.01	38.69
Palantir Technologies Inc	371.05	371.05	3.25	0.38	0.12	0.05	NA	1.98
Palo Alto Networks, Inc.	49.02	49.02	2.1	5.57	0.75	0.03	NA	15.9
Adobe Systems Inc.	35.33	35.33	1.44	18.27	0.35	0.16	NA	32.69
Oracle Corp.	41.27	41.27	1.78	5.59	1.56	0.07	0.01	3.16

Company Name	Analyst View	Market Cap	5 Years Return %	PE Ratio	Profit Margin
Digitalocean Holdings, Inc.	Buy	$3.3B	-16.0%	41.22	10.86%
Microsoft Corporation	Buy	$3.2T	177.36%	36.09	35.61%
Palantir Technologies Inc	Hold	$169.1B	747.89%	371.05	18.01%
Palo Alto Networks, Inc.	Buy	$124.3B	384.45%	49.02	32.11%
Adobe Systems Inc.	Buy	$192.5B	35.94%	35.33	25.59%
Oracle Corp.	Buy	$472.1B	215.88%	41.27	20.4%

About Digitalocean

digitalocean, the cloud for developers, is a dynamic, high-growth technology company that serves a passionate community of technologists around the world. we want to simplify cloud computing for every developer and are working on some of the most challenging and interesting problems in cloud computing. from an intuitive interface and flexible api, to a robust set of features and a library with thousands of tutorials, we’re always thinking of ways to make developers’ lives easier. it’s what brings us together and keeps us going. we’re independent thinkers, open communicators, and voracious learners. we get the job done—and we have fun doing it!

Organization	Digitalocean
Employees	1156
CEO	Mr. Warren J. Adelman
Industry	Technology

Management People of Digitalocean

Name	Title
Mr. Warren J. Adelman	Executive Chairman
Mr. W. Matthew Steinfort	Chief Financial Officer
Mr. Padmanabhan T. Srinivasan	CEO & Director
Ms. Cherie Barrett	Senior VP & Chief Accounting Officer
Mr. Bratin Saha	Chief Product & Technology Officer
Melanie Strate	Head of Investor Relations
Mr. Alan Shapiro J.D.	General Counsel & Secretary
Mr. Wade Wegner	Chief Ecosystem & Growth Officer
Mr. Lawrence M. D'Angelo	Chief Revenue Officer

Important FAQs about investing in Digitalocean from India :

What is Digitalocean share price today?

Digitalocean share price today stands at $35.70, Open: $34.61 ; Previous Close: $35.45 ; High: $36.43 ; Low: $34.68 ; 52 Week High: $44.80 ; 52 Week Low: $26.63. The stock opens at $34.61, after a previous close of $35.45. The stock reached a daily high of $36.43 and a low of $34.68, with a 52-week high of $44.80 and a 52-week low of $26.63.

Can Indians buy Digitalocean shares?

Yes, Indians can invest in the Digitalocean (DOCN) from India.

With INDmoney, you can buy Digitalocean at 0 brokerage. The step-by-step process is as follows:

Open your zero cost US Stocks account and zero balance IND linked savings a/c (this can be done in less than 3 minutes)
Transfer funds to your US Stocks account using your IND linked savings a/c (It takes 24 hours excluding Saturday and Sunday). With INDmoney, you get the best INR USD exchange rates.
Once funds are transferred successfully, you can buy Digitalocean at zero transaction cost.

How can I buy Digitalocean shares from India?

It is very easy to buy Digitalocean from India. With INDmoney, you can open a US stocks account in less than 3 minutes. Transfer funds in 24 hours and buy stocks very easily - that too at 0 brokerage. All this is done at 0 account opening & management fee, 0 brokerages, and at the same time you get the best rupee-US dollar exchange rate.

Can Fractional shares of Digitalocean be purchased?

Yes, you can buy fractional shares of Digitalocean with INDmoney app.

What are the documents required to start investing in Digitalocean stocks?

To start investing in Digitalocean, You will need the following documents:

Proof of Identification (PAN, Aadhaar etc)
Proof of address (Aadhaar, Voter ID etc)

These documents are required as per RBI's guidelines to create your IND linked savings a/c so that you can execute for global fund transfer. The entire process is paperless and can be completed seamlessly.