Should Investors Buy Digital Ocean Stock?

By Parkev Tatevosian, CFA – Aug 14, 2024 at 5:05AM

NYSE: DOCN

DigitalOcean

Market Cap

$3B

Today's Change

(1.74%) $0.50

Current Price

$29.28

Price as of May 22, 2025, 1:30 p.m. ET

Digital Ocean is excellently serving smaller businesses in the cloud computing market.

Fool.com contributor Parkev Tatevosian answers whether Digital Ocean (DOCN 1.74%) stock makes an excellent investment.

*Stock prices used were the afternoon prices of Aug. 11, 2024. The video was published on Aug. 13, 2024.

Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends DigitalOcean. The Motley Fool has a disclosure policy. Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.

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