$32.855
0.145[0.44%]
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DigitalOcean Holdings
(NYSE:DOCN)DigitalOcean Holdings Stock (NYSE:DOCN), Analyst Ratings, Price Targets, Predictions
DigitalOcean Holdings Inc has a consensus price target of $42.31, established from looking at the 75 latest analyst ratings. The last 3 analyst ratings were released from JMP Securities, Piper Sandler, and Oppenheimer on March 21, 2024, February 22, 2024, and February 22, 2024. With an average price target of $43.67 between JMP Securities, Piper Sandler, and Oppenheimer, there's an implied 31.72% upside for DigitalOcean Holdings Inc from these 3 analyst ratings.
Analyst Firms Making Recommendations1
JMP Securities
Piper Sandler
Oppenheimer
Barclays
Goldman Sachs
1calculated from analyst ratings published within the last 3 years
Analyst Ratings for DigitalOcean Holdings
date | ticker | Buy Now | Company | Current price | Upside/Downside | Analyst Firm | Analyst & % Accurate | Price Target Change | Rating Change | Previous / Current Rating | Get Alert |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 03/21/2024 | DOCN | Buy Now | DigitalOcean Holdings | $33.15 | 41.78% | JMP Securities | Patrick Walravens | → $47 | Reiterates | Market Outperform → Market Outperform | Get Alert |
| 02/22/2024 | DOCN | Buy Now | DigitalOcean Holdings | $33.15 | 14.63% | Piper Sandler | James Fish | $35 → $38 | Maintains | Neutral | Get Alert |
| 02/22/2024 | DOCN | Buy Now | DigitalOcean Holdings | $33.15 | 38.76% | Oppenheimer | Timothy Horan | $37 → $46 | Maintains | Outperform | Get Alert |
| 01/12/2024 | DOCN | Buy Now | DigitalOcean Holdings | $33.15 | 29.71% | Barclays | Raimo Lenschow | $37 → $43 | Maintains | Overweight | Get Alert |
| 11/21/2023 | DOCN | Buy Now | DigitalOcean Holdings | $33.15 | 11.61% | Oppenheimer | Timothy Horan | → $37 | Upgrade | Perform → Outperform | Get Alert |
| 11/07/2023 | DOCN | Buy Now | DigitalOcean Holdings | $33.15 | -0.45% | Goldman Sachs | Gabriela Borges | → $33 | Upgrade | Sell → Buy | Get Alert |
| 11/03/2023 | DOCN | Buy Now | DigitalOcean Holdings | $33.15 | -24.59% | Piper Sandler | James Fish | $22 → $25 | Maintains | Neutral | Get Alert |
| 10/31/2023 | DOCN | Buy Now | DigitalOcean Holdings | $33.15 | -0.45% | Canaccord Genuity | Kingsley Crane | $52 → $33 | Maintains | Buy | Get Alert |
| 10/23/2023 | DOCN | Buy Now | DigitalOcean Holdings | $33.15 | -33.63% | Piper Sandler | James Fish | $30 → $22 | Upgrade | Underweight → Neutral | Get Alert |
| 10/13/2023 | DOCN | Buy Now | DigitalOcean Holdings | $33.15 | -9.5% | Morgan Stanley | Josh Baer | $36 → $30 | Maintains | Equal-Weight | Get Alert |
| 10/12/2023 | DOCN | Buy Now | DigitalOcean Holdings | $33.15 | -9.5% | Barclays | Raimo Lenschow | $42 → $30 | Maintains | Overweight | Get Alert |
| 09/08/2023 | DOCN | Buy Now | DigitalOcean Holdings | $33.15 | -24.59% | B of A Securities | Wamsi Mohan | $47 → $25 | Downgrade | Buy → Underperform | Get Alert |
| 09/01/2023 | DOCN | Buy Now | DigitalOcean Holdings | $33.15 | 41.78% | JMP Securities | Patrick Walravens | $59 → $47 | Maintains | Market Outperform | Get Alert |
| 08/15/2023 | DOCN | Buy Now | DigitalOcean Holdings | $33.15 | 77.98% | JMP Securities | Patrick Walravens | → $59 | Reiterates | Market Outperform → Market Outperform | Get Alert |
| 08/11/2023 | DOCN | Buy Now | DigitalOcean Holdings | $33.15 | 8.6% | Morgan Stanley | Josh Baer | $30 → $36 | Upgrade | Underweight → Equal-Weight | Get Alert |
| 08/07/2023 | DOCN | Buy Now | DigitalOcean Holdings | $33.15 | 26.7% | Barclays | Raimo Lenschow | $58 → $42 | Maintains | Overweight | Get Alert |
| 08/04/2023 | DOCN | Buy Now | DigitalOcean Holdings | $33.15 | 26.7% | Barclays | Raimo Lenschow | $58 → $42 | Maintains | Overweight | Get Alert |
| 08/04/2023 | DOCN | Buy Now | DigitalOcean Holdings | $33.15 | 8.6% | Credit Suisse | Rich Hilliker | → $36 | Reiterates | Neutral → Neutral | Get Alert |
| 08/04/2023 | DOCN | Buy Now | DigitalOcean Holdings | $33.15 | 77.98% | JMP Securities | Patrick Walravens | $63 → $59 | Maintains | Outperform | Get Alert |
FAQ
What is the target price for DigitalOcean Holdings (DOCN)?
The latest price target for DigitalOcean Holdings (NYSE: DOCN) was reported by JMP Securities on March 21, 2024. The analyst firm set a price target for $47.00 expecting DOCN to rise to within 12 months (a possible 43.05% upside). 27 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for DigitalOcean Holdings (DOCN)?
The latest analyst rating for DigitalOcean Holdings (NYSE: DOCN) was provided by JMP Securities, and DigitalOcean Holdings reiterated their market outperform rating.
When was the last upgrade for DigitalOcean Holdings (DOCN)?
The last upgrade for DigitalOcean Holdings Inc happened on November 21, 2023 when Oppenheimer raised their price target to $37. Oppenheimer previously had a perform for DigitalOcean Holdings Inc.
When was the last downgrade for DigitalOcean Holdings (DOCN)?
The last downgrade for DigitalOcean Holdings Inc happened on September 8, 2023 when B of A Securities changed their price target from $47 to $25 for DigitalOcean Holdings Inc.
When is the next analyst rating going to be posted or updated for DigitalOcean Holdings (DOCN)?
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of DigitalOcean Holdings, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for DigitalOcean Holdings was filed on March 21, 2024 so you should expect the next rating to be made available sometime around March 21, 2025.
Is the Analyst Rating DigitalOcean Holdings (DOCN) correct?
While ratings are subjective and will change, the latest DigitalOcean Holdings (DOCN) rating was a reiterated with a price target of $0.00 to $47.00. The current price DigitalOcean Holdings (DOCN) is trading at is $32.85, which is within the analyst’s predicted range.
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