Unpacking Q3 Earnings: DigitalOcean (NYSE:DOCN) In The Context Of Other Data Storage Stocks [Yahoo! Finance]
DigitalOcean Holdings, Inc. (DOCN)
Company Research
Source: Yahoo! Finance
As the Q3 earnings season comes to a close, it's time to take stock of this quarter's best and worst performers in the data storage industry, including DigitalOcean (NYSE:DOCN) and its peers. Data is the lifeblood of the internet and software in general, and the amount of data created is accelerating. As a result, the importance of storing the data in scalable and efficient formats continues to rise, especially as its diversity and associated use cases expand from analyzing simple, structured datasets to high-scale processing of unstructured data such as images, audio, and video. The 5 data storage stocks we track reported a strong Q3. As a group, revenues beat analysts' consensus estimates by 4% while next quarter's revenue guidance was 0.8% above. While some data storage stocks have fared somewhat better than others, they have collectively declined. On average, share prices are down 4.2% since the latest earnings results. DigitalOcean (NYSE:DOCN) Started by brothers Ben a
Show less
Read more
Impact Snapshot
Event Time:
DOCN
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
DOCN alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
DOCN alerts
High impacting DigitalOcean Holdings, Inc. news events
Weekly update
A roundup of the hottest topics
DOCN
News
- DigitalOcean (DOCN) Upgraded to Buy: Here's What You Should Know [Yahoo! Finance]Yahoo! Finance
- Ceph, the Default Choice of Enterprise Storage for Mission Critical Workloads, Expands Yearly Event and Welcomes DigitalOcean as its Newest Member [Yahoo! Finance]Yahoo! Finance
- DigitalOcean Holdings, Inc. (NYSE: DOCN) had its price target raised by analysts at Stifel Nicolaus from $35.00 to $40.00. They now have a "hold" rating on the stock.MarketBeat
- AMD invests in GPU cloud provider Vultr at $3.5 billion valuation [CNBC]CNBC
- 1 Growth Stock Down 68% You'll Regret Not Buying on the Dip in 2025 [Yahoo! Finance]Yahoo! Finance
DOCN
Earnings
- 11/4/24 - Beat
DOCN
Sec Filings
- 12/19/24 - Form 4
- 12/18/24 - Form 144
- 12/6/24 - Form 4
- DOCN's page on the SEC website