UpTickMeA$AP
3 years ago
Analyst Gabriela Borges from Goldman Sachs, who initiated the Buy on DigitalOcean, ranks among the worst analysts, towards the very bottom.
Ranked #7,084 out of 7,861 Analysts on TipRanks (#16,931 out of 18,448 overall experts).
Success
Rate: 39%
Average
Return: -10.6%
https://www.tipranks.com/experts/analysts/gabriela-borges
UpTickMeA$AP
3 years ago
This just can't hold any upward movement.. even with Goldman Sachs buy rating. Looks like that buy rating was initiated so their people can sell into it.. So gross.
With the market on the verge of recession, possible war, rate hikes, crazy inflation, and the continuous failure by this administration... It's looking like more bloodbath is definitely in the cards for 2022. Biden talking about fear, and playing the blame game... It's a sad time in America.
It's going to be a rough couple years.... These small to mid sized businesses they target, will be getting slaughtered.
peterquinnvet
3 years ago
DigitalOcean Holdings ( DOCN -1.20% ) has found an edge in the smaller end of the market. It focuses on serving small to mid-sized businesses, and it's beating its competitors on price, service, and ease of use.
DigitalOcean makes deploying virtual machines simple with a suite of one-click features, and its services are up to 41% cheaper than AWS depending on the configuration. And at $0.01 per gigabyte per month for bandwidth, it's 80% cheaper than its nearest competitor. Whether you're building apps, managing databases, or in need of storage, DigitalOcean's monthly plans range between $0 and $15 as a starting point, making them affordable for even the smallest of start-ups.
The company now serves over 609,000 businesses, with its revenue per customer hitting an all-time high of $65.87 in 2021. DigitalOcean estimates that by 2025, its annual market opportunity will be worth $145 billion. Given it generated just $429 million in revenue last year, it has a long runway for growth.
https://www.fool.com/investing/2022/03/29/5-cloud-computing-growth-stocks-to-buy-right-now/