Why These 15 E-Commerce Stocks Are Skyrocketing So Far In 2025

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12. DigitalOcean Holdings Inc (NYSE:DOCN)

Number of Hedge Fund Holders In Q4 2024: 18

DigitalOcean Holdings Inc (NYSE:DOCN) is a cloud computing platform that provides on-demand infrastructure. This includes e-commerce clients.

The stock is up significantly so far in 2025 following the release of its Q4 2024 financial results. The company reported revenue of $204.9 million, up 13% year-over-year. This exceeded Wall Street estimates of $200.54 million.

Adjusted EPS came in at $0.49 and beat consensus estimates of $0.34. Moreover, it provided optimistic guidance for Q1 FY2025 and forecasted revenue of $870 to $890 million and EPS of $1.85 to $1.95. Both came in above analyst expectations.

The consensus price target of $42.4 implies 3.04% upside.

DOCN is up 23.16% year-to-date.

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