Stocks · Technology · Software - Infrastructure
DigitalOcean Holdings, Inc. DOCN
$140.07 +0.19% Close, Oct 2, 2026 · NYSE · Market cap $16.38B
Strong trend
Next earnings report: Nov 4, 2026
Scroll or pinch to zoom, drag to move. Daily prices adjusted for splits. Markers: E = earnings (green beat, red miss), S = split, D = dividend.
Three things to know
- The diluted share count rose 25.8% in a year.
- Diluted EPS over the last four quarters was $2.20, up 73.2% year over year.
- Over the past year the stock returned +290.5%, ahead of the S&P 500 by 275.4 percentage points.
PromtFinance scores
Each score is a percentile within the Technology sector (0–100). Under each score: how the stock ranks in its sector on every component. As of Oct 5, 2026.
How fast revenue, earnings and cash flow are growing.
- Revenue growth (TTM, YoY)Top 31%
- EPS growth (TTM, YoY)Top 24%
- FCF growth (TTM, YoY)Bottom 7%
- Revenue growth, 3-year CAGRTop 26%
- Revenue growth accelerationTop 27%
Returns on capital, margins, earnings quality and balance-sheet strength.
- Return on invested capitalTop 44%
- Gross marginTop 42%
- Operating marginTop 25%
- Cash conversion (OCF / net income)Bottom 41%
- Accruals (lower is better)Bottom 32%
- Net debt / EBITDA (lower is better)Bottom 29%
- Interest coverTop 42%
How cheap the shares are relative to earnings, cash flow and their own history.
- Earnings yieldTop 45%
- Free-cash-flow yieldBottom 28%
- EBITDA / enterprise valueBottom 43%
- Sales / enterprise valueBottom 14%
- P/E vs own 5-year history (lower is better)Bottom 36%
Strength and persistence of the price trend, including versus the S&P 500.
- 12-month return excluding last monthTop 3%
- 6-month returnTop 25%
- 1-year return vs S&P 500Top 2%
- Distance from 52-week highTop 41%
- Trend checklist (0–4)Top 18%
Earnings surprises and analyst sentiment (estimate-revision history is being collected).
- Average EPS surprise, last 4 quartersTop 16%
- Consecutive EPS beatsTop 18%
- Share of analysts rating BuyTop 44%
- Upside to consensus price targetBottom 47%
Low volatility, shallow drawdowns, low market sensitivity and modest leverage.
- Volatility, 60 days (lower is better)Bottom 20%
- Maximum drawdown, 3 yearsTop 18%
- Beta vs S&P 500 (lower is better)Bottom 46%
- Net debt / EBITDA (lower is better)Bottom 29%
What changed
Latest four quarters versus the same period a year earlier (growth: versus one quarter earlier).
| Measure | Before | Now | |
|---|---|---|---|
| Revenue growth (YoY) | 17.6% | 21.4% | ↑ |
| EPS growth (YoY) | 113.0% | 73.2% | ↓ |
| Gross margin | 59.7% | 57.2% | ↓ |
| Operating margin | 15.7% | 14.8% | ↓ |
| FCF margin | 11.5% | 1.5% | ↓ |
Fundamental momentum
| Measure | Now (TTM) | Year / quarter before | Sector rank | |
|---|---|---|---|---|
| Revenue growth (TTM, YoY) | 21.4% | 17.6% | ↑ | Top 31% |
| EPS growth (TTM, YoY) | 73.2% | 113.0% | ↓ | Top 24% |
| Gross margin | 57.2% | 59.7% | ↓ | Top 42% |
| Operating margin | 14.8% | 15.7% | ↓ | Top 25% |
| Net margin | 23.3% | 15.2% | ↑ | — |
| Free-cash-flow margin | 1.5% | 11.5% | ↓ | — |
| Return on invested capital | 5.4% | — | Top 44% | |
| Revenue growth, 3-year CAGR | 16.1% | — | Top 26% |
Quality of earnings and balance sheet
- Cash conversion (OCF / net income)Above 1× means profits are backed by cash.
- 1.52×
- Accruals (net income − OCF) / assetsLower is better; high accruals can signal weaker earnings quality.
- -3.9%
- Stock-based compensation / revenueA cost to shareholders through dilution.
- 11.6%
- Receivables growth vs revenue growthReceivables growing much faster than sales can be a warning.
- +20.1 pp
- Net debt / EBITDABelow 1× is conservative; above 3× is high leverage.
- 1.96×
- Interest cover (operating income / interest)How many times operating profit covers interest.
- 5.4×
Shareholder returns
- Dividend yield (dividends paid, TTM)
- 0.00%
- Net buyback yield (TTM)
- -5.47%
- Shareholder yield
- -5.47%
- Share count change, 1 year
- +25.8%
- Share count change, 3-year CAGR
- +9.6%
Shareholder yield = dividends + net buybacks over the last four quarters, divided by market cap.
Based on the four quarters through Jun 30, 2026 (filed Aug 4, 2026).
Earnings and expectations
Earnings momentum
- Consecutive EPS beats
- 13
- Beats in the last 8 reports
- 8 of 8
- Average EPS surprise, last 4
- +40.2%
- Average 2-day reaction, last 8
- +9.6%
- Positive 20 days after report
- 5 of 8
Analysts
- Consensus price target
- $172.73
- Target vs current price
- +23.3%
- Analysts with a rating
- 19
- Share rating Buy or Strong Buy
- 68%
- Consensus rating
- Buy
How the stock reacted to recent reports
| Report date | EPS surprise | 2 days | 5 days | 20 days | 60 days |
|---|---|---|---|---|---|
| Aug 4, 2026 | +72.9% | +1.4% | +2.0% | -13.0% | — |
| May 5, 2026 | +65.5% | +40.4% | +49.5% | +59.1% | +10.5% |
| Feb 24, 2026 | +15.8% | +5.9% | -1.7% | +45.2% | +153.2% |
| Nov 5, 2025 | +6.5% | +18.0% | +28.8% | +18.2% | +54.1% |
| Aug 5, 2025 | +25.5% | +28.9% | +9.4% | +18.0% | +47.1% |
| May 6, 2025 | +24.4% | -13.8% | -3.5% | -8.2% | -15.0% |
| Feb 25, 2025 | +40.0% | +9.8% | +8.6% | +1.9% | -18.7% |
| Nov 4, 2024 | +30.0% | -13.5% | -5.7% | -3.8% | +1.6% |
Returns from the close before each report. Past reactions do not determine future ones.
Earnings history
| Report date | EPS | Estimate | Surprise | Revenue |
|---|---|---|---|---|
| Aug 4, 2026 | $0.45 | $0.26 | +72.9% | $281.2M |
| May 5, 2026 | $0.44 | $0.27 | +65.5% | $257.9M |
| Feb 24, 2026 | $0.44 | $0.38 | +15.8% | $242.4M |
| Nov 5, 2025 | $0.33 | $0.31 | +6.5% | $230.0M |
| Aug 5, 2025 | $0.59 | $0.47 | +25.5% | $218.7M |
| May 6, 2025 | $0.56 | $0.45 | +24.4% | $210.7M |
| Feb 25, 2025 | $0.49 | $0.35 | +40.0% | $204.9M |
| Nov 4, 2024 | $0.52 | $0.40 | +30.0% | $198.5M |
Valuation in context
| Multiple | Now | 5-year median | 5-year percentile | Sector rank (cheapness) |
|---|---|---|---|---|
| P/E (trailing) | 63.7× | 42.1× | 73th | Top 45% |
| P/E (forward) | 95.9× | — | — | — |
| EV / EBITDA | 45.7× | — | — | Bottom 43% |
| EV / Sales | 16.92× | — | — | Bottom 14% |
| Free-cash-flow yield | 0.09% | — | — | Bottom 28% |
| Earnings yield | 1.57% | — | — | Top 45% |
P/E over the past five years
Range 18.6× – 66.4× since Mar 31, 2024. Each point: price on the filing date divided by trailing-twelve-month EPS known then.
What moved the stock over the past year
- Price return, 1 year
- +290.5%
- Earnings per share growth (TTM)
- +73.2%
- Change in P/E multiple
- +113.8%
Most of the move came from a change in the valuation multiple.
Technical state
Trend checklist
- ✓ Price above 20-day average
- ✓ Price above 50-day average
- ✓ Price above 200-day average
- ✓ 50-day average above 200-day
- ✓ MACD histogram positive
Trend quality
- Days above the 50-day average
- 13
- Days above the 200-day average
- 269
- 50-day average slope (20 days)
- -0.5%
- 200-day average slope (20 days)
- +8.9%
- Distance from 50-day average
- +12.3%
- Distance from 200-day average
- +32.9%
- RSI (14)
- 58.1
- Relative volume
- 0.71×
Risk and drawdowns
- Volatility, 60 days (annualized)
- 85.2%
- Volatility vs own 5-year history
- 80th percentile · Normal for this stock
- Beta vs S&P 500 (2 years, weekly)
- 1.46
- Correlation with S&P 500
- 0.30
- Current drawdown from 1-year high
- -22.7%
- Maximum drawdown, 3 years
- -44.9%
Largest declines in the past six years
| From peak | To low | Decline | Length | Recovery |
|---|---|---|---|---|
| Nov 16, 2021 | Nov 1, 2023 | -84.8% | 492 days | 627 days (May 5, 2026) |
| Jun 15, 2026 | Sep 2, 2026 | -42.1% | 55 days | Not yet recovered |
| Apr 15, 2021 | May 13, 2021 | -21.2% | 20 days | 23 days (Jun 16, 2021) |
| Jul 9, 2021 | Jul 15, 2021 | -17.4% | 4 days | 13 days (Aug 3, 2021) |
| Aug 3, 2021 | Aug 17, 2021 | -15.8% | 10 days | 9 days (Aug 30, 2021) |
Declines of 10% or more from a closing high, measured on daily closes.
Financial statements
- Market cap
- $16.38B
- P/E (TTM)
- 63.7
- EPS, diluted (TTM)
- $2.20
- Revenue (TTM)
- $1.01B
- 52-week range
- $36.62 – $187.50
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Revenue | $428.6M | $576.3M | $692.9M | $780.6M | $901.4M |
| Gross profit | $258.0M | $364.4M | $408.9M | $465.9M | $539.6M |
| Operating income | -$11.2M | -$25.7M | $11.9M | $91.0M | $157.0M |
| Net income | -$19.5M | -$27.8M | $19.4M | $84.5M | $259.3M |
| EPS (diluted) | -$0.18 | -$0.24 | $0.20 | $0.89 | $2.52 |
| Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $198.5M | $204.9M | $210.7M | $218.7M | $229.6M | $242.4M | $257.9M | $281.2M |
| Net income | $32.9M | $18.3M | $38.2M | $37.0M | $158.4M | $25.7M | $15.8M | $35.4M |
| EPS (diluted) | $0.32 | $0.19 | $0.37 | $0.39 | $1.51 | $0.25 | $0.15 | $0.29 |
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Operating cash flow | $133.1M | $195.2M | $234.9M | $282.7M | $309.6M |
| Capital expenditure | -$109.1M | -$120.2M | -$124.8M | -$186.5M | -$268.5M |
| Free cash flow | $24.0M | $74.9M | $110.1M | $96.2M | $41.1M |
| Dividends paid | $0 | $0 | $0 | $0 | $0 |
| Net share buybacks | $374.4M | -$600.0M | -$488.5M | -$59.8M | -$73.1M |
Cash outflows are shown as negative numbers.
- Cash and short-term investments
- $767.0M
- Total assets
- $3.12B
- Total liabilities
- $2.19B
- Total debt
- $1.50B
- Net debt
- $731.7M
- Shareholders’ equity
- $930.7M
As of Jun 30, 2026 (filed Aug 4, 2026).
Short interest
- Shares sold short
- 8,703,114
- Days to cover
- 3.45
- Change vs previous report
- +5.2%
FINRA short interest, settlement date Sep 15, 2026.