Added to YB: 2024-01-22
Pitch date: 2024-01-19
DOCN [bullish]
DigitalOcean Holdings, Inc.
+145.2%
current return
Author Info
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Company Info
DigitalOcean Holdings, Inc., through its subsidiaries, operates an agentic inference cloud platform in North America, Europe, Asia, and internationally.
Market Cap
$9.4B
Pitch Price
$35.51
Price Target
50.00 (-43%)
Dividend
N/A
EV/EBITDA
26.29
P/E
35.79
EV/Sales
11.98
Sector
IT Services
Category
value
Show full summary:
DigitalOcean: Business Excellence And Commitment To Innovation
$DOCN: Attractive SMB cloud play w/ global reach, 18.75% FCF margin, 15% rev growth 24-27. Nvidia H100 GPUs on Paperspace platform. $50 DCF target (45% upside). Risks: big tech SMB threat, cybersecurity. Undervalued given buybacks & diverse clients.
Read full article (5 min)