DigitalOcean Holdings, Inc.DOCN

$173.27-4.54 (-2.55%)
NYSETechnology24:00 UTC

Company snapshot

Market Cap
$19B
Large-cap
+424%
2021 — today
10-Year Price
+308%
2021 — today
52-Week Range
$25.74$181.29
Current $173.27· 95%

DigitalOcean Holdings, Inc., through its various operating entities, provides a global cloud computing environment with reach across North America, Europe, Asia, and beyond. This adaptable platform delivers on-demand infrastructure and essential developer tools, specifically designed for individual developers, new start-ups, and small to mid-sized businesses. The company offers fundamental infrastructure components such as computing power, storage, and networking capabilities, while also enabling developers to expand their cloud solutions using a range of fully managed offerings for applications, containers, and databases. Its clientele is diverse, including software engineers, academic researchers, data scientists, system administrators, students, and personal project enthusiasts. Customers from various industries utilize the platform for a multitude of applications, including the development of web and mobile applications, website hosting, e-commerce solutions, media and gaming platforms, personal online projects, and managed services, among others. DigitalOcean Holdings, Inc. was founded in 2012 and has its corporate headquarters situated in New York, New York.

Valuation in context

P/E ratio
75.3
Near historic high
Near historic highs — last 10 years
P/B ratio
21.9
Historically pricey
Historically pricey — last 10 years
EV / EBITDA
46.9
Above average
Pricier than usual over the last 10 years
FCF Yield
0.1%
Historically low
Historically low relative to the last 10 years
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