DOCN Stock Summary and Trading Ideas (Digitalocean Holdings | NYSE:DOCN)

DigitalOcean Holdings Inc is a cloud computing platform offering on-demand infrastructure and platform tools for developers, start-ups, and small and medium-sized businesses. The customers use the platform for a wide range of cases, such as web and mobile applications, website hosting, e-commerce, media and gaming, personal web projects, and managed services, among many others. Geographically, the company generates maximum revenue from North America and also has a presence in Europe, Asia, and the Rest of the world.

Digitalocean Holdings trades on the NYSE stock market under the symbol DOCN.

As of August 6, 2026, DOCN stock price declined to $122.23 with 1,982,735 million shares trading.

DOCN has a beta of 1.21, meaning it tends to be more sensitive to market movements. DOCN has a correlation of 0.03 to the broad based SPY ETF.

DOCN has a market cap of $14.29 billion. This is considered a Large Cap stock.

Last quarter Digitalocean Holdings reported $281 million in Revenue and $.45 earnings per share. This beat revenue expectation by $8 million and exceeded earnings estimates by $.23.

In the last 3 years, DOCN traded as high as $187.50 and as low as $19.39.

The top ETF exchange traded funds that DOCN belongs to (by Net Assets): VTI, IJH, VB, VBK, VGT.

DOCN has outperformed the market in the last year with a return of +251.1%, while the SPY ETF gained +23.6%. However, in the most recent history, DOCN shares have underperformed the stock market with its stock returning -20.0% in the last 3 month period and -14.3% for the last 2 week period, while SPY has returned +6.5% and +2.8%, respectively.

DOCN support price is $116.42 and resistance is $132.50 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that DOCN shares will trade within this expected range on the day.