DOCN vs. DV, RUM, ZD, WB, GLBE, GRND, BMBL, MGNI, TBLA, and MODN
Should you be buying DigitalOcean stock or one of its competitors? The main competitors of DigitalOcean include DoubleVerify (DV), Rumble (RUM), Ziff Davis (ZD), Weibo (WB), Global-E Online (GLBE), Grindr (GRND), Bumble (BMBL), Magnite (MGNI), Taboola.com (TBLA), and Model N (MODN).
DoubleVerify (NYSE:DV) and DigitalOcean (NASDAQ:DOCN) are both mid-cap computer and technology companies, but which is the superior stock? We will contrast the two companies based on the strength of their community ranking, analyst recommendations, risk, earnings, media sentiment, profitability, dividends, valuation and institutional ownership.
DoubleVerify has higher earnings, but lower revenue than DigitalOcean. DoubleVerify is trading at a lower price-to-earnings ratio than DigitalOcean, indicating that it is currently the more affordable of the two stocks.
DoubleVerify received 32 more outperform votes than DigitalOcean when rated by MarketBeat users. Likewise, 60.84% of users gave DoubleVerify an outperform vote while only 48.25% of users gave DigitalOcean an outperform vote.
DoubleVerify presently has a consensus price target of $35.05, suggesting a potential upside of 79.39%. DigitalOcean has a consensus price target of $37.78, suggesting a potential upside of 2.10%. Given DigitalOcean's stronger consensus rating and higher possible upside, equities research analysts clearly believe DoubleVerify is more favorable than DigitalOcean.
In the previous week, DoubleVerify had 1 more articles in the media than DigitalOcean. MarketBeat recorded 20 mentions for DoubleVerify and 19 mentions for DigitalOcean. DigitalOcean's average media sentiment score of 0.69 beat DoubleVerify's score of 0.45 indicating that DoubleVerify is being referred to more favorably in the media.
DoubleVerify has a beta of 1.11, suggesting that its share price is 11% more volatile than the S&P 500. Comparatively, DigitalOcean has a beta of 1.83, suggesting that its share price is 83% more volatile than the S&P 500.
DoubleVerify has a net margin of 11.25% compared to DoubleVerify's net margin of 7.01%. DigitalOcean's return on equity of 6.46% beat DoubleVerify's return on equity.
97.3% of DoubleVerify shares are held by institutional investors. Comparatively, 49.8% of DigitalOcean shares are held by institutional investors. 3.0% of DoubleVerify shares are held by insiders. Comparatively, 0.7% of DigitalOcean shares are held by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock is poised for long-term growth.
Summary
DoubleVerify beats DigitalOcean on 14 of the 18 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding DOCN and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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