DigitalOcean (DOCN): Assessing Whether Recent Share Price Momentum Still Leaves the Stock Undervalued
DigitalOcean Holdings (DOCN) has quietly put together a strong run, with shares up roughly 27% over the past 3 months and more than 37% over the past year, outpacing many mid cap software peers.
See our latest analysis for DigitalOcean Holdings.
Trading around $48.97, DigitalOcean’s recent 90 day share price return has been the real story, helping drive a 1 year total shareholder return above 37 percent and signaling that momentum is still building rather than fading.
If this kind of cloud name has your attention, it is worth also scanning other high growth tech and AI opportunities through high growth tech and AI stocks to see what else fits your watchlist.
With shares now hovering just below analyst targets and trading at a modest…
