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Asset logo for symbol DOCN
DigitalOcean Holdings
DOCN74
$34.44arrow_drop_up1.05%$0.35
High Quality
Asset logo for symbol DOCN
DOCN74

$34.44

arrow_drop_up1.05%

Analyst Forecast

Period: Next 12 Months

Analyst Ratings

DigitalOcean Holdings (DOCN) Stocklytics Forecast

DigitalOcean Holdings, Inc. (DOCN) is a cloud infrastructure services provider that offers scalable and flexible solutions to developers, startups, and businesses. The company's stock price has been the center of attention for investors and analysts alike, with predictions and forecasts being made regarding its future performance. When it comes to predicting the stock price of DOCN, various techniques and tools can be employed, including AI and machine learning algorithms.
AI-based price predictions for DOCN can provide valuable insights into the potential future performance of the stock. These predictions utilize historical data, market trends, and other relevant factors to forecast the future price movements. Similarly, machine learning models can be trained on a vast amount of data to identify patterns and make predictions about future stock prices. Considering the dynamic nature of the stock market, such advanced techniques can aid investors in making informed decisions.
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Frequently Asked Questions

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What is the analyst price prediction for DigitalOcean Holdings (DOCN) stock?

Analysts have set a target price of $38 for DigitalOcean Holdings (DOCN), based on forecasts from 20 analysts. The predicted price range extends from a high of $63 to a low of $22. This represents a potential increase of up to 82.93% and a decrease of -36.12% from the current price of $34.44. These forecasts are as of 2023 Feb 17.
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What are the analyst ratings for DigitalOcean Holdings (DOCN) stock?

The analyst ratings for DigitalOcean Holdings (DOCN) are distributed as follows: 6 analysts recommend buying, 6 have a neutral stance, and 1 suggest selling. There is a split consensus, with equal support for two of the rating categories. These ratings indicate the general sentiment among the analysts covering DigitalOcean Holdings.
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What is the AI price prediction for DigitalOcean Holdings (DOCN) stock?

At present, there is no AI or machine-learning-based price prediction available for DigitalOcean Holdings (DOCN) stock. The lack of a forecast could stem from various factors, such as inadequate data or the necessity for model recalibration.

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