DigitalOcean (DOCN) to Post Earnings on Tuesday

DigitalOcean (NYSE:DOCN) is projected to issue its Q2 2026 results before the market opens on Tuesday, August 4th. Analysts expect DigitalOcean to announce earnings of $0.2605 per share and revenue of $279.0310 million for the quarter. DigitalOcean has set its Q2 2026 guidance at 0.200-0.230 EPS and its FY 2026 guidance at 1.100-1.200 EPS. Interested persons may review the information on the company’s upcoming Q2 2026 earning summary page for the latest details on the call scheduled for Tuesday, August 4, 2026 at 8:00 AM ET.

DigitalOcean (NYSE:DOCN) last issued its earnings results on Tuesday, May 5th. The company reported $0.44 earnings per share for the quarter, beating analysts’ consensus estimates of $0.27 by $0.17. The company had revenue of $257.90 million for the quarter, compared to the consensus estimate of $249.76 million. DigitalOcean had a return on equity of 88.86% and a net margin of 24.97%.The firm’s quarterly revenue was up 22.4% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.56 EPS. On average, analysts expect DigitalOcean to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

DigitalOcean Price Performance

NYSE DOCN opened at $117.28 on Friday. The company has a debt-to-equity ratio of 0.92, a current ratio of 1.46 and a quick ratio of 1.46. The firm has a market capitalization of $12.24 billion, a price-to-earnings ratio of 51.22 and a beta of 1.57. The company has a 50 day simple moving average of $147.24 and a 200-day simple moving average of $106.06. DigitalOcean has a 52-week low of $25.56 and a 52-week high of $187.50.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on the stock. Canaccord Genuity Group reiterated a “buy” rating and issued a $200.00 price objective on shares of DigitalOcean in a research note on Friday, July 10th. Stifel Nicolaus raised shares of DigitalOcean from a “hold” rating to a “buy” rating and lifted their target price for the company from $135.00 to $160.00 in a research note on Tuesday, July 21st. William Blair restated an “outperform” rating on shares of DigitalOcean in a report on Wednesday, July 15th. Robert W. Baird assumed coverage on shares of DigitalOcean in a research note on Tuesday, July 21st. They issued an “outperform” rating and a $165.00 price target on the stock. Finally, Citigroup lifted their price objective on DigitalOcean from $180.00 to $185.00 and gave the company a “buy” rating in a research report on Wednesday, July 8th. Two research analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat, DigitalOcean currently has a consensus rating of “Moderate Buy” and a consensus price target of $151.93.

Insider Buying and Selling

In other DigitalOcean news, Director Hilary Schneider sold 4,338 shares of the business’s stock in a transaction that occurred on Friday, May 15th. The shares were sold at an average price of $156.38, for a total value of $678,376.44. Following the completion of the sale, the director directly owned 24,323 shares of the company’s stock, valued at $3,803,630.74. The trade was a 15.14% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CFO Matt Steinfort sold 10,000 shares of the stock in a transaction on Tuesday, June 2nd. The stock was sold at an average price of $170.07, for a total transaction of $1,700,700.00. Following the transaction, the chief financial officer owned 538,414 shares in the company, valued at approximately $91,568,068.98. This trade represents a 1.82% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold 39,338 shares of company stock valued at $6,191,576 over the last quarter. Corporate insiders own 0.96% of the company’s stock.

Hedge Funds Weigh In On DigitalOcean

Several institutional investors have recently bought and sold shares of the stock. Allworth Financial LP boosted its stake in shares of DigitalOcean by 54.4% during the 3rd quarter. Allworth Financial LP now owns 724 shares of the company’s stock worth $25,000 after acquiring an additional 255 shares in the last quarter. Wilmington Savings Fund Society FSB acquired a new position in shares of DigitalOcean during the 3rd quarter valued at about $37,000. Transamerica Financial Advisors LLC raised its stake in shares of DigitalOcean by 417.9% in the 4th quarter. Transamerica Financial Advisors LLC now owns 782 shares of the company’s stock valued at $38,000 after acquiring an additional 631 shares in the last quarter. UMB Bank n.a. raised its stake in shares of DigitalOcean by 242.1% in the 4th quarter. UMB Bank n.a. now owns 821 shares of the company’s stock valued at $40,000 after acquiring an additional 581 shares in the last quarter. Finally, Advisory Services Network LLC acquired a new stake in DigitalOcean in the 3rd quarter worth approximately $54,000. 49.77% of the stock is currently owned by institutional investors.

DigitalOcean Company Profile

DigitalOcean Holdings, Inc is a cloud infrastructure provider that focuses on simplicity, performance and developer experience. The company offers a range of cloud services designed to help software developers, startups and small- to medium-sized businesses deploy, manage and scale applications. Its flagship offering, Droplets, provides virtual private servers that can be configured with various CPU, memory and storage options. In addition to compute instances, DigitalOcean’s platform includes managed Kubernetes, scalable object and block storage, managed databases, load balancers and networking capabilities such as Virtual Private Cloud (VPC) and Floating IPs.

Founded in 2011 and headquartered in New York City, DigitalOcean was created with the goal of making cloud computing more accessible to individual developers and smaller teams.