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DigitalOcean Holdings, Inc. (DOCN)

NYSE - Nasdaq Real-time price. Currency in USD
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47.75+1.64 (+3.56%)
At close: 04:00PM EDT
47.70 -0.05 (-0.10%)
After hours: 07:49PM EDT
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  • M
    Mike
    looking good today :)
  • A
    AbcInvest
    $MSFT conversation
    What do you think, which cloud company has better growth potential for now invested money?

    a) $GOOG
    b) $AMZN
    c) $MSFT
    d) $DOCN
  • A
    AbcInvest
    Easy shorties :) It is time for this baby cloud to fly!
  • d
    debarros
    DOCN looks like it is about to drop. Be careful guys. I have been reading (http://Achieverspot.tech) and their stocks have been doing way better.
  • S
    Steven
    OPKER and Jack the same spam account that just tries to convince people to sell? You realize this is a yahoo chat board and posting pure garbage opinion isn't helpful or valuable? I don't typically like muting people, but come on at least provide some level of analysis if you're going to take the time to post, switch accounts, and post again...
  • M
    Mike
    Do we have any details about DOCN investor meeting?
  • J
    Jack
    Folks bad for docn market up docn dogging.

    Looks like docn back to low 30s the stock is looking less promising with time. Imo should be downgraded to maybe hold or sell.
  • O
    OPKER
    Told ya
  • a
    art
    Close enough to a 5$ move!!!!
  • X
    XCX
    DOCN having a lot of trouble staying down now. I think we already saw the low and we will see $50 again soon. $60 in a couple months is also possible.
  • d
    don
    Does anyone know what business Docn is in? Because if you look at Amazon and Microsoft their most profitable business is the exact same that Digital Ocean is in. If you look at it closely you will also see that DOCN as a distinct advantage.
  • O
    OPKER
    Retest the lows
  • L
    Leonel
    DigitalOcean (NASDAQ:DOCN) is now covered by analysts at The Goldman Sachs Group, Inc.. They set a "buy" rating and a $49.00 price target on the stock.This represents a 50.2% upside from the current price of $32.63.
  • Y
    Yury
    What happened why we see this increase?
  • P
    Pascal
    Why is it up 140%? 🀯
  • O
    OPKER
    Don’t chase this- not going to hold the gain-
  • S
    Steven
    Read the transcript finally as I was interested in any comments they would make around their cash hoard - no insights there, but found the FCF guidance strong for 2022. Expecting to FCF over $50m this year, with a go-forward goal of 20% of revenue being FCF. Impressive for a tech growth company at this stage to manage 10% FCF, and really sets the stage for a floor valuation.

    Historically price to sales ratio in tech is between 3-5x. Docn is around 7x for current market cap and 22 guidance. That's not cheap, but it's not massively overvalued either and probably elevated due to the cash on hand of 1.4b. despite all of the ugliness, this is a reasonable investment to start accumulating at this level in my opinion.
  • a
    art
    OPKER time to cover your short position !
  • O
    OPKER
    Time to cover shortie- going back to the 40’s
  • A
    AbcInvest
    Shorties are hoping for the impossible. This baby cloud is going to grow with each day !!!