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DigitalOcean (DOCN)

(Real Time Quote from BATS)

$37.06 USD

37.06
356,195

-0.71 (-1.88%)

Updated May 23, 2024 01:33 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 Buy24.08%
2Buy17.91%
3Hold9.44%
4Sell5.10%
5Strong Sell2.55%
S&P50011.04%

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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.

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D Value A Growth B 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 21% (52 out of 249)

Industry: Internet - Software

Better trading starts here.

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ASE Technology's (ASX) first-quarter performance is likely to have been negatively impacted by the EMS and ATM segments.

KLA (KLAC) Set to Report Q3 Earnings: What's in the Cards?

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Teradyne (TER) to Report Q1 Earnings: What's in the Cards?

Teradyne (TER) is likely to have benefited from strong momentum in the automotive end markets amid weak test and industrial demand.

What's in Store for Taiwan Semiconductor's (TSM) Q1 Earnings?

Taiwan Semiconductor's (TSM) first-quarter 2023 results are expected to reflect gains from the robust technology portfolio amid weak macroeconomic conditions.

What Makes DigitalOcean Holdings, Inc. (DOCN) a New Buy Stock

DigitalOcean Holdings, Inc. (DOCN) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

Are Computer and Technology Stocks Lagging DigitalOcean (DOCN) This Year?

Here is how DigitalOcean Holdings, Inc. (DOCN) and Fastly (FSLY) have performed compared to their sector so far this year.

Why DigitalOcean Holdings, Inc. (DOCN) Could Beat Earnings Estimates Again

DigitalOcean Holdings, Inc. (DOCN) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

DigitalOcean Holdings, Inc. (DOCN) Recently Broke Out Above 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?

DigitalOcean Holdings, Inc. (DOCN) Just Flashed Golden Cross Signal: Do You Buy?

When a stock breaks out above the 20-day simple moving average, good things could be on the horizon. How should investors react?

Will DigitalOcean Holdings, Inc. (DOCN) Gain on Rising Earnings Estimates?

DigitalOcean Holdings, Inc. (DOCN) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

Are Computer and Technology Stocks Lagging DigitalOcean (DOCN) This Year?

Here is how DigitalOcean Holdings, Inc. (DOCN) and AU Optronics (AUOTY) have performed compared to their sector so far this year.

DigitalOcean Holdings, Inc. (DOCN) Q4 Earnings and Revenues Beat Estimates

DigitalOcean Holdings, Inc. (DOCN) delivered earnings and revenue surprises of 47.37% and 1.28%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

SEMrush Holdings, Inc. (SEMR) Surges 12.6%: Is This an Indication of Further Gains?

SEMrush Holdings, Inc. (SEMR) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might help the stock continue moving higher in the near term.

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