A number of firms have modified their ratings and price targets on shares of DigitalOcean (NYSE: DOCN) recently:
- 11/5/2026 – DigitalOcean had its price target lowered by The Goldman Sachs Group from $178.00 to $156.00. They now have a “buy” rating on the stock.
- 11/4/2026 – DigitalOcean was downgraded by Weiss Ratings from “hold (c+)” to “sell (d+)”.
- 11/4/2026 – DigitalOcean had its price target lowered by Morgan Stanley from $175.00 to $150.00. They now have an “overweight” rating on the stock.
- 11/4/2026 – DigitalOcean had its price target lowered by Canaccord Genuity Group from $200.00 to $180.00. They now have a “buy” rating on the stock.
- 11/4/2026 – DigitalOcean had its price target lowered by UBS Group from $105.00 to $100.00. They now have a “neutral” rating on the stock.
- 11/4/2026 – DigitalOcean had its price target lowered by Citigroup from $190.00 to $160.00. They now have a “buy” rating on the stock.
- 11/4/2026 – DigitalOcean had its price target lowered by Barclays from $161.00 to $140.00. They now have an “overweight” rating on the stock.
- 11/3/2026 – DigitalOcean was given a new $130.00 price target by Stifel Nicolaus.
- 10/27/2026 – DigitalOcean had its “buy” rating reaffirmed by Citigroup.
- 10/26/2026 – DigitalOcean had its price target lowered by UBS Group from $125.00 to $105.00. They now have a “neutral” rating on the stock.
- 10/21/2026 – DigitalOcean was upgraded by Piper Sandler from “neutral” to “overweight”. They now have a $126.00 price target on the stock, down from $142.00.
- 10/19/2026 – DigitalOcean was upgraded by Zacks Research from “hold” to “strong-buy”.
- 10/15/2026 – DigitalOcean had its “market outperform” rating reaffirmed by Citigroup.
- 10/14/2026 – DigitalOcean had its price target raised by Oppenheimer from $190.00 to $220.00. They now have an “outperform” rating on the stock.
- 10/13/2026 – DigitalOcean had its “overweight” rating reaffirmed by KeyCorp.
DigitalOcean Price Performance
DOCN traded up $1.44 during trading on Tuesday, reaching $79.74. 2,028,392 shares of the stock were exchanged, compared to its average volume of 3,580,197. The business’s 50 day moving average price is $115.69 and its two-hundred day moving average price is $111.81. The company has a debt-to-equity ratio of 0.61, a current ratio of 1.15 and a quick ratio of 1.31. The company has a market capitalization of $9.41 billion, a price-to-earnings ratio of 257.24, a P/E/G ratio of 73.25 and a beta of 1.69. DigitalOcean Holdings, Inc. has a 1 year low of $41.96 and a 1 year high of $187.50.
DigitalOcean (NYSE:DOCN – Get Free Report) last posted its earnings results on Tuesday, November 3rd. The company reported $0.45 earnings per share for the quarter, beating the consensus estimate of $0.32 by $0.13. DigitalOcean had a return on equity of 15.01% and a net margin of 3.11%. The company had revenue of $321.19 million for the quarter, compared to analyst estimates of $306.74 million. During the same quarter in the prior year, the company earned $0.54 earnings per share. DigitalOcean’s revenue was up 39.6% compared to the same quarter last year. As a group, equities research analysts anticipate that DigitalOcean Holdings, Inc. will post 0.65 earnings per share for the current year.
Insider Activity at DigitalOcean
In other DigitalOcean news, CFO Matt Steinfort sold 10,000 shares of the stock in a transaction on Thursday, September 3rd. The stock was sold at an average price of $105.73, for a total transaction of $1,057,300.00. Following the sale, the chief financial officer owned 503,692 shares in the company, valued at approximately $53,255,355.16. This represents a 1.95% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 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. Also, CAO Cherie Barrett sold 4,456 shares of the stock in a transaction on Thursday, August 13th. The shares were sold at an average price of $132.37, for a total value of $589,840.72. Following the sale, the chief accounting officer owned 65,487 shares in the company, valued at approximately $8,668,514.19. This trade represents a 6.37% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 18,441 shares of company stock valued at $2,068,475 over the last 90 days. Insiders own 0.96% of the company’s stock.
DigitalOcean Holdings, Inc. provides cloud computing services designed primarily for developers, startups, and small and midsize businesses. Founded in 2011, the company focuses on making it easier for customers to build, deploy, and scale applications without managing their own physical infrastructure. Its platform includes virtual machines known as Droplets, managed Kubernetes, an application platform, managed databases, object storage, and networking and monitoring tools. These services support tasks ranging from hosting websites and applications to developing and running cloud-native software.
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