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Compare DigitalOcean Holdings Inc (DOCN) vs ON Holding AG (ONON) Price & Performance

DigitalOcean Holdings IncTrade
ON Holding AGTrade

Price performance (Past 24H)

Key statistics

DigitalOcean Holdings Inc vs ON Holding AG — how do they compare? DigitalOcean Holdings Inc trades at $122 (market cap $15.25B), while ON Holding AG trades at $31.09 (market cap $12.93B). The key difference: DigitalOcean Holdings Inc is the larger of the two by market cap, and DigitalOcean Holdings Inc is trading nearer its 52-week high, ON Holding AG nearer its low. Which is the better fit depends on your goals.

DOCNONON
Market Cap
$15.25B$12.93B
Sector
TechnologyTechnology
52-Week High
$181.29$50.63
52-Week Low
$29.99$30.91
Enterprise Value
$16.02B$12.25B

Aura AI Summary

Signals from Pluang's Aura AI — not financial advice

DigitalOcean Holdings Inc

DigitalOcean (DOCN) trades at $124.15, up 1.57% today, with a neutral technical signal and bullish moving averages. The company reported strong Q2 2026 earnings, beating estimates with 29% revenue growth driven by AI demand, and raised full-year guidance. Valuation ratios are elevated, with a P/E of 56.43 and P/S of 13.99, reflecting high growth expectations. Analyst consensus is bullish with a $173.71 price target, though net cash flow turned negative in 2025 due to investing activities.

Outlook is positive given accelerating AI-driven revenue growth and profitability, but risks include high debt levels, competitive cloud market pressures, and stretched valuations. The stock offers upside if execution continues, but investors face volatility from earnings sensitivity and macroeconomic headwinds.

ON Holding AG

ONON trades at $37.55, up 0.56% with bullish technical signals supported by moving averages. The company demonstrates strong fundamental performance with Q1 2026 EPS beating expectations at $0.47 vs. $0.34 expected, maintaining a streak of earnings surprises. Revenue growth to $3.01B in 2025 and expanding net margins to 8.02% reflect operational strength amid positive analyst sentiment.

The outlook remains positive with 77% analyst buy ratings and $52.57 consensus price target suggesting 40% upside potential. Key risks include premium valuation metrics (P/E 41.8, P/S 6.5) and tariff exposure, but strong DTC growth and margin expansion support the bullish case for growth investors seeking athletic footwear exposure.

Returns comparison

Trailing returns across standard periods

Top news

Latest headlines on both assets

About DigitalOcean Holdings Inc

DigitalOcean Holdings Inc is a cloud computing platform offering on-demand infrastructure and platform tools for developers, start-ups and small and medium-sized businesses. The customers use the platform for a wide range of cases, such as web and mobile applications, website hosting, e-commerce, media and gaming, personal web projects, and managed services, among many others. The group has a business presence in North America, Europe, Asia and other countries.

Read more on DOCN

About ON Holding AG

ON Holding AG is a Swiss sports company primarily known for its high-performance running shoes, apparel, and accessories under the 'On' brand. The company emphasizes a blend of high-end design, proprietary cloud technology (like CloudTec cushioning), and sustainability in its products. On has rapidly gained market share globally, appealing to both competitive athletes and general consumers in the performance and lifestyle footwear segments.

Read more on ONON