DigitalOcean Holdings, Inc. (DOCN) on Decifer

Why it ranks here

• Sales are growing about 54% a year, faster than 90 in 100 companies we measure.
• It keeps about 5 cents of every sales dollar as cash, safer than 60 in 100 companies we measure.
• It earns about 16% a year on the money put into the business, better than 75 in 100 companies we measure.
• It costs about 33 times its yearly profit; the middle of its industry is 28. Cheaper than 34 in 100 companies we measure, against their own industries.

The current read

The evidence on DOCN lines up on the supportive side: the intelligence feed flags this name as connected to what is moving markets now. The independent signals we track are telling the same story.

Themes

• Cloud & Data Platform Migration: Enterprises are still mid-cycle in migrating compute, storage and applications off legacy on-prem stacks toward hybrid and public cloud architectures.

Read the full DOCN research brief · See all quality rankings

Intelligence data powered by Decifer. Not financial advice. For informational purposes only.