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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 $125.66 (market cap $14.97B), while ON Holding AG trades at $33.94 (market cap $11.10B). 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 — on Pluang, investors hold DigitalOcean Holdings Inc for 43 Days and ON Holding AG for 22 Days on average.

DOCNONON
Market Cap
$14.97B$11.10B
Volume
1,385,1948,202,649
Sector
TechnologyConsumer Cyclical
52-Week High
$181.29$50.63
52-Week Low
$37.30$26.76
Typical Hold Time
43 Days22 Days
Enterprise Value
$15.73B$10.26B

Aura AI Summary

Signals from Pluang's Aura AI — not financial advice

DigitalOcean Holdings Inc

DigitalOcean trades at $123.90, down 5.47% today, but maintains strong fundamental momentum with 29% revenue growth in Q2 2026 and consistent earnings beats. The company shows robust profitability with 57.2% gross margins and 23.3% net income margins, though valuation multiples remain elevated with a P/E of 57.9. Recent product launches including Agent Droplets and a $725 million equipment financing facility support continued AI-driven growth. Technical indicators show mixed signals with bullish oscillators but bearish moving averages, creating a consolidation pattern near key support at $122.

DigitalOcean presents a compelling growth story with strong AI adoption tailwinds, trading 28% below analyst consensus target of $172.73. The primary investment thesis hinges on continued execution of AI-native cloud strategy, though risks include high valuation multiples, negative shareholder equity, and competitive pressure from larger cloud providers. Institutional ownership trends remain positive with recent acquisitions by Bank of America and California State Teachers Retirement System.

ON Holding AG

ONON trades at $33.22, up 0.27% with a bullish technical outlook supported by moving averages. The company demonstrates strong fundamentals with Q2 2026 EPS beating expectations at $0.44 vs. $0.42, maintaining a three-quarter beat streak. Recent investor day announcements include a $1 billion buyback program and ambitious 2029 targets of CHF 5.6B in sales with 22% EBITDA margins, driving positive sentiment.

The stock offers growth potential with 74% analyst buy ratings and a $42.26 consensus target, representing 27% upside. Key risks include elevated valuation multiples (P/E 23.41, P/S 5.52) and competitive pressure in footwear. Strong cash flow generation ($359.5M operating cash flow in 2025) supports the buyback and expansion plans.

Returns comparison

Trailing returns across standard periods

Investor sentiment on Pluang

What Pluang investors did over the last 30 days

DOCN
100% Buy0% Sell
Avg holding period · 43 Days
ONON
0% Buy100% Sell
Avg holding period · 22 Days

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 →