Back to top
more

DigitalOcean (DOCN)

(Delayed Data from NYSE)

$43.23 USD

43.23
3,739,671

+1.00 (2.37%)

Updated Sep 20, 2024 04:00 PM ET

After-Market: $43.24 +0.01 (0.02%) 6:10 PM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy23.68%
2Buy17.55%
3Hold9.21%
4Sell4.93%
5Strong Sell2.36%
S&P50010.96%

Zacks Rank Education - Learn about the Zacks Rank

Zacks Rank Home - Zacks Rank resources in one place

Zacks Premium - The only way to fully access the Zacks Rank

3-Hold of 5     3    

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

Zacks Style Scores Education - Learn more about the Zacks Style Scores

C Value A Growth C Momentum B VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

Zacks Rank Education -- Learn more about the Zacks Rank
Zacks Industry Rank Education -- Learn more about the Zacks Industry Rank

Top 32% (80 out of 251)

Industry: Internet - Software

Better trading starts here.

Zacks News

DigitalOcean Holdings, Inc. (DOCN) Just Overtook the 200-Day Moving Average

Good things could be on the horizon when a stock surpasses the 200-day simple moving average. How should investors react?

Aniruddha Ganguly headshot

DigitalOcean Up 7.7% in a Month: Is DOCN Stock Worth Buying?

DigitalOcean's (DOCN) strong prospects, driven by an expanding AI and ML product portfolio, make it an attractive pick for growth-oriented investors.

DigitalOcean (DOCN) Reports Q2 Earnings: What Key Metrics Have to Say

While the top- and bottom-line numbers for DigitalOcean (DOCN) give a sense of how the business performed in the quarter ended June 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

DigitalOcean Holdings, Inc. (DOCN) Beats Q2 Earnings and Revenue Estimates

DigitalOcean (DOCN) delivered earnings and revenue surprises of 23.08% and 2.04%, respectively, for the quarter ended June 2024. Do the numbers hold clues to what lies ahead for the stock?

Trimble (TRMB) Q2 Earnings Beat Estimates, Revenues Down Y/Y

Trimble's (TRMB) second-quarter 2024 results benefit from solid subscription and services revenues.

DigitalOcean (DOCN) to Post Q2 Earnings: What's in Store?

DigitalOcean's (DOCN) second-quarter 2024 performance is likely to reflect the benefits of a robust product portfolio and the strong demand for its AI platform and cloud-based services.

Fortinet (FTNT) Q2 Earnings Beat Expectations, Sales Rise Y/Y

Fortinet's (FTNT) second-quarter results reflect strength in demand from large enterprise customers and growth in the company's security subscriptions.

Rigetti Computing (RGTI) to Post Q2 Earnings: What's in Store?

Rigetti Computing's (RGTI) second-quarter performance is expected to have benefited from advancements in quantum computing technology and expanded global partnerships.

Teradata (TDC) Q2 Earnings Beat Estimates, Revenues Fall Y/Y

Teradata's (TDC) second-quarter 2024 results indicate weak growth in recurring revenues due to sluggish demand.

PubMatic (PUBM) to Report Q2 Earnings: What's in the Cards?

PubMatic's (PUBM) second-quarter performance is likely to have benefited from strength in connected-TV ad spending.

Gray Television (GTN) to Report Q2 Earnings: What's in Store?

Gray Television's (GTN) second-quarter performance is expected to have benefited from the steady demand for sporting events and increasing core advertising revenues.

Take-Two (TTWO) to Report Q1 Earnings: What's in Store?

Take-Two's (TTWO) fiscal first-quarter performance is expected to have been adversely impacted by dullness in recurring consumer spending despite the company's robust portfolio of video game titles.

Paramount Global (PARA) to Report Q2 Earnings: What's in Store?

Paramount Global's (PARA) second-quarter performance is expected to have been aided by the company's expanding content catalog and growing streaming services amid tepid Content-licensing revenues.

Inseego (INSG) to Report Q2 Earnings: What's in the Cards?

Inseego's (INSG) second-quarter performance is expected to have benefited from robust carrier demand for Inseego's mobile products.

Diebold Nixdorf (DBD) to Report Q2 Earnings: What's in the Cards?

Diebold Nixdorf (DBD) second-quarter 2024 performance is likely to reflect benefits from continued strong product backlog and growing managed services offering.

News Corporation (NWSA) to Report Q4 Earnings: What's in Store?

News Corporation's (NWSA) fourth-quarter fiscal 2024 performance is expected to have benefited from the integration of OPIS and CMA, offset by challenges in the Digital Real Estate segment.

What Awaits Warner Bros. Discovery (WBD) in Q2 Earnings?

Warner Bros. Discovery's (WBD) second-quarter results are likely to reflect persistent softness in advertising revenues and subscriber growth in viewership amid cost-cutting measures.

Unity Software (U) to Post Q2 Earnings: What's in the Cards?

Unity Software's (U) second-quarter performance is expected to have suffered due to the shutdown of many verticals.

New York Times (NYT) Lined Up for Q2 Earnings: What to Expect?

The New York Times Company's (NYT) second-quarter 2024 results are likely to reflect the company's greater emphasis on subscription revenues.

Insights Into DigitalOcean (DOCN) Q2: Wall Street Projections for Key Metrics

Beyond analysts' top -and-bottom-line estimates for DigitalOcean (DOCN), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended June 2024.

DoorDash (DASH) Reports Q2 Loss, Beats Revenue Estimates

DoorDash's (DASH) second-quarter 2024 results reflect strength in total orders and Marketplace GOV.

RingCentral's (RNG) Q2 Earnings & Revenues Surpass Estimates

RingCentral's (RNG) second-quarter 2024 results benefit from a robust product portfolio and strong subscription revenue growth.

Paylocity's (PCTY) Q4 Earnings & Revenues Surpass Estimates

Paylocity's (PCTY) fourth-quarter fiscal 2024 earnings and revenues benefit from operational cost control and better sales execution.

SNAP Q2 Earnings Match Estimates, User Growth Drives Revenues

SNAP's second-quarter 2024 results reflect steady user growth and an increase in Snapchat+ users, driven by continued demand for Spotlight, Stories and AR Lens.

Arrow Electronics (ARW) Q2 Earnings Beat, Revenues Fall Y/Y

Arrow Electronics' (ARW) second-quarter 2024 results reflect lower revenues and unfavorable foreign currency exchange rates.