Date | Price Target | Rating | Analyst |
---|---|---|---|
5/22/2024 | $40.00 | Neutral | UBS |
11/21/2023 | $37.00 | Perform → Outperform | Oppenheimer |
11/7/2023 | $33.00 | Sell → Buy | Goldman |
10/23/2023 | $30.00 → $22.00 | Underweight → Neutral | Piper Sandler |
9/8/2023 | $47.00 → $25.00 | Buy → Underperform | BofA Securities |
8/11/2023 | $127.00 → $103.00 | Underweight → Equal-Weight | Morgan Stanley |
6/22/2023 | $35.00 | Neutral → Underweight | Piper Sandler |
4/25/2023 | Buy → Hold | Needham |
DigitalOcean Holdings, Inc. (NYSE:DOCN), the developer cloud optimized for startups and growing digital businesses, announced today that it will report financial results for the second quarter ended June 30, 2024 after the market closes on Thursday, August 8, 2024. The company will also hold a conference call on the same day at 2:00 p.m. (PT) / 5:00 p.m. (ET) to discuss its financial results and financial outlook with the investment community. Investors and analysts can pre-register for the webcast at https://events.q4inc.com/attendee/527008089. The earnings release, webcast link and any accompanying materials will be posted to the DigitalOcean investor relations website at http://investo
Revenue Growth Increases to 12% on Improving Core Cloud Performance and Robust AI Platform Demand Strong Profitability with Net Income Margin of 8% and Adjusted EBITDA Margin of 40% DigitalOcean Holdings, Inc. (NYSE:DOCN), the developer cloud optimized for startups and growing technology businesses, today announced results for its first quarter ended March 31, 2024. "The first quarter was a strong start to the year as we position the company to be the leading cloud and AI platform for growing technology businesses," said Paddy Srinivasan, CEO of DigitalOcean. "Our results demonstrate the solid performance of our core cloud and the exciting potential of our AI platform." First Quarte
DigitalOcean Holdings, Inc. (NYSE:DOCN), the developer cloud optimized for startups and growing digital businesses, announced today that it will report financial results for the first quarter ended March 31, 2024 before the market opens on Friday, May 10, 2024. The company will also hold a conference call on the same day at 8:00 AM ET to discuss its financial results and financial outlook with the investment community. The conference call can be accessed by dialing (800) 715-9871 with conference ID 2333660. The earnings release, webcast link and any accompanying materials will be posted to the DigitalOcean investor relations website at http://investors.digitalocean.com. A live webcast and
2023 Revenue Increased 20% to $693 million Full Year Operating Cash Flow of $235 million DigitalOcean Holdings, Inc. (NYSE:DOCN), the developer cloud optimized for startups and growing digital businesses, today announced results for its fourth quarter and fiscal year ended December 31, 2023. "I'm excited to have joined DigitalOcean and to advance our position as a preferred platform for developers at startups and growing digital businesses, enabling them to rapidly build, deploy and scale applications that can change the world," said Paddy Srinivasan, CEO of DigitalOcean. "We will take advantage of this market opportunity by embracing product-led growth and obsessing over the develope
UBS initiated coverage of DigitalOcean with a rating of Neutral and set a new price target of $40.00
Oppenheimer upgraded DigitalOcean from Perform to Outperform and set a new price target of $37.00
Goldman upgraded DigitalOcean from Sell to Buy and set a new price target of $33.00
Piper Sandler upgraded DigitalOcean from Underweight to Neutral and set a new price target of $22.00 from $30.00 previously
8-K - DigitalOcean Holdings, Inc. (0001582961) (Filer)
8-K - DigitalOcean Holdings, Inc. (0001582961) (Filer)
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10-Q - DigitalOcean Holdings, Inc. (0001582961) (Filer)
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DigitalOcean Holdings, Inc. (NYSE:DOCN), the developer cloud optimized for startups and growing digital businesses, announced today that it will report financial results for the second quarter ended June 30, 2024 after the market closes on Thursday, August 8, 2024. The company will also hold a conference call on the same day at 2:00 p.m. (PT) / 5:00 p.m. (ET) to discuss its financial results and financial outlook with the investment community. Investors and analysts can pre-register for the webcast at https://events.q4inc.com/attendee/527008089. The earnings release, webcast link and any accompanying materials will be posted to the DigitalOcean investor relations website at http://investo
Wegner will strengthen DigitalOcean's position within the developer community and further fuel growth DigitalOcean Holdings, Inc. (NYSE:DOCN), the developer cloud optimized for startups and growing technology businesses, announced today that Wade Wegner joined the company as Chief Ecosystem and Growth Officer. This unique and critical position bridges the gap between research and development and go-to-market strategy. In this executive role, Wegner will oversee Developer Relations, Marketing, Growth, and Partnerships. "Wade is a transformative technology leader who blends deep technical expertise with strategic vision," said Paddy Srinivasan, CEO DigitalOcean. "He brings robust develope
As CPTO, Saha will accelerate the Company's product strategy and development DigitalOcean Holdings, Inc. (NYSE:DOCN), the developer cloud optimized for startups and growing technology businesses, today announced Bratin Saha has joined the company as its Chief Product and Technology Officer (CPTO). In this new executive role, Saha will lead product strategy, development, infrastructure, and security with a focus on making DOCN the best cloud for developers and growing technology businesses. Saha joins from Amazon Web Services (AWS), where he served as Vice President and General Manager of Artificial Intelligence (AI), Machine Learning (ML), and Data Infrastructure. He led the creation of
Experience Innovation, Expert Insights, and Community Building at DigitalOcean's Free Virtual Event DigitalOcean Holdings, Inc. (NYSE:DOCN), the developer cloud optimized for startups and growing technology businesses, today announced it will hold its next Deploy virtual conference on July 9, 2024, starting at 11 a.m. EST. This free event will bring together developers, startups, and founders, empowering businesses to build disruptive cloud applications and jumpstart the next wave of AI development. At Deploy, attendees can expect sessions tailored to helping businesses meet their growth objectives at any stage, diving into how to navigate the cloud landscape and maximize scalability wi
Piper Sandler analyst James Fish maintains DigitalOcean Holdings (NYSE:DOCN) with a Neutral and lowers the price target from $38 to $34.
With U.S. stock futures trading higher this morning on Tuesday, some of the stocks that may grab investor focus today are as follows: Wall Street expects Helen of Troy Limited (NASDAQ:HELE) to report quarterly earnings at $1.59 per share on revenue of $445.86 million before the opening bell, according to data from Benzinga Pro. Helen of Troy shares gained 0.3% to $89.30 in the after-hours trading session. NEXGEL, Inc. (NASDAQ:NXGL) issued preliminary revenue guidance above estimates. The company said it sees third-quarter revenue of $2.2 million versus estimates of $2.091 million. It expects fourth-quarter revenue of $2.6 million versus expectations of $2.467 million. NexGel shares ju
UBS analyst Jeff Hickey initiates coverage on DigitalOcean Holdings (NYSE:DOCN) with a Neutral rating and announces Price Target of $40.
This whale alert can help traders discover the next big trading opportunities. Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner. Traders will search for circumstances when the market estimation of an option diverges heavily from its normal worth. High amounts of trading activity could push option prices to exaggerated or underestimated levels. Below are some instances of options activity happening in the Information Technology sector: Symbol PUT/CALL Trade Type Sentiment Exp. Date Strike Price Total Trade Price Open Interest Volume NVDA CALL TRADE BULLISH 05/17/24 $905.00 $30.5K 5.5K 16.6K TSM CALL SWEEP
Wegner will strengthen DigitalOcean's position within the developer community and further fuel growth DigitalOcean Holdings, Inc. (NYSE:DOCN), the developer cloud optimized for startups and growing technology businesses, announced today that Wade Wegner joined the company as Chief Ecosystem and Growth Officer. This unique and critical position bridges the gap between research and development and go-to-market strategy. In this executive role, Wegner will oversee Developer Relations, Marketing, Growth, and Partnerships. "Wade is a transformative technology leader who blends deep technical expertise with strategic vision," said Paddy Srinivasan, CEO DigitalOcean. "He brings robust develope
As CPTO, Saha will accelerate the Company's product strategy and development DigitalOcean Holdings, Inc. (NYSE:DOCN), the developer cloud optimized for startups and growing technology businesses, today announced Bratin Saha has joined the company as its Chief Product and Technology Officer (CPTO). In this new executive role, Saha will lead product strategy, development, infrastructure, and security with a focus on making DOCN the best cloud for developers and growing technology businesses. Saha joins from Amazon Web Services (AWS), where he served as Vice President and General Manager of Artificial Intelligence (AI), Machine Learning (ML), and Data Infrastructure. He led the creation of
NEW YORK, April 30, 2024 /PRNewswire/ -- DigitalOcean Holdings Inc. (NYSE:DOCN) will replace Agiliti Inc. (NYSE:AGTI) in the S&P SmallCap 600 effective prior to the opening of trading on Tuesday, May 7. Thomas H. Lee Partners L.P. is acquiring Agiliti in a deal expected to be completed on or about that date pending final conditions. Following is a summary of the changes that will take place prior to the open of trading on the effective date: Effective Date Index Name Action Company Name Ticker GICS Sector May 7, 2024 S&P SmallCap 600 Addition DigitalOcean Holdings DOCN Information Technology S&P SmallCap 600 Deletion Agiliti AGTI Health Care For more information about S&P Dow Jones Indices,
Lead Investor from M13 Moves In-House to Scale Operations, Spearhead Development of Proprietary Large Action Model PINATA, the innovative TaskFlow orchestration platform for real-world work, announced today that Rob Olson had left the venture firm M13 — where he was a Partner, Head of Data Strategy, and board member to PINATA and others — to join the startup as Chief Operating Officer. "It's not every day your lead investor climbs into the trenches with you," said PINATA's CEO, Ian Ferguson. "This move is a testament to Rob's passion for data-driven SaaS, to M13's remarkable team of investors who are operators at heart, and to PINATA's massive opportunity to revolutionize real-world wor