Analysts who follow DigitalOcean Holdings Inc (DOCN) on average expect it to increase 61.88% over the next twelve months. Those same analysts give the stock an average rating of Strong Buy.
That average rating earns DigitalOcean Holdings Inc an Analyst Ranking of 63, which means it ranks higher than 63 of stocks, based on data compiled by InvestorsObserver.
Wall Street analysts are rating DOCN a Strong Buy today. Find out what this means to you and get the rest of the rankings on DOCN!
Analytical research by professionals can be extremely useful when making investment decisions in the stock market. Analysts are able to observe industries in detail and learn how geographical impacts can affect a company's balance sheet. This information allows investors to make decisions ahead of the curve.
InvestorsObserver combines the ratings from these analysts and proceeds to percentile rank them. This grants you the ability to compare stocks in a comprehensive fashion as oppossed to a standard buy/hold/sell rating.
What's Happening With DigitalOcean Holdings Inc Stock Today?
DigitalOcean Holdings Inc (DOCN) stock is trading at $36.79 as of 1:16 PM on Monday, May 16, a loss of -$1.01, or -2.67% from the previous closing price of $37.80. The stock has traded between $35.36 and $38.13 so far today. Volume today is light. So far 1,207,400 shares have traded compared to average volume of 2,462,359 shares.
Click Here to get the full Stock Report for DigitalOcean Holdings Inc stock.
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