UBS initiated coverage on DigitalOcean with a new price target
$DOCN
Computer Software: Programming Data Processing
Technology
UBS initiated coverage of DigitalOcean with a rating of Neutral and set a new price target of $40.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 1/24/2025 | $45.00 | Buy | Citigroup |
| 1/17/2025 | $39.00 | Neutral | Cantor Fitzgerald |
| 1/16/2025 | $40.00 → $41.00 | Equal-Weight → Overweight | Morgan Stanley |
| 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 |
144 - DigitalOcean Holdings, Inc. (0001582961) (Subject)
144 - DigitalOcean Holdings, Inc. (0001582961) (Subject)
144 - DigitalOcean Holdings, Inc. (0001582961) (Subject)
In London, DigitalOcean raises the bar for cloud experience for digital native enterprises and developers DigitalOcean, the simplest scalable cloud for digital native enterprises, today welcomed AI and cloud developers, partners, and customers to its flagship conference, Deploy 25, in London. The event's theme of "Navigate What's Next" included everything from product demos and customer presentations to an innovation-packed keynote from DigitalOcean leadership. "Deploy has become a community event that allows us to showcase our innovations to digital native enterprises and developers," said Bratin Saha, Chief Product and Technology Officer of DigitalOcean. "We are aggressively adding
DigitalOcean (NYSE:DOCN), the comprehensive agentic cloud, today announced a significant expansion of its AI offerings within the DigitalOcean AI Ecosystem and the formal introduction of the DigitalOcean AI Partner Program. Unveiled at its Deploy London conference, these initiatives bring together leading technology innovators, systems integrators, venture firms, and AI-native startups to create a comprehensive, flexible, and powerful environment for building the next generation of AI applications. The DigitalOcean AI Ecosystem allows customers to explore what's possible on DigitalOcean's comprehensive agentic cloud, helping AI-natives and digital native enterprises create and deploy AI a
Laravel, creator of the popular open-source PHP web framework, today announced the launch of Laravel VPS, a new service that unifies server creation and application management directly within its popular PHP developer platform, Laravel Forge. Through a strategic partnership with DigitalOcean (NYSE:DOCN), the simplest scalable cloud platform, Laravel VPS provides a faster, seamless option for Laravel's community of 1M+ developers to provision powerful, ready-to-use servers and reliable infrastructure in seconds. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20251001242861/en/ Laravel and DigitalOcean share a common vision to empow
4 - DigitalOcean Holdings, Inc. (0001582961) (Issuer)
4 - DigitalOcean Holdings, Inc. (0001582961) (Issuer)
4 - DigitalOcean Holdings, Inc. (0001582961) (Issuer)
Citigroup initiated coverage of DigitalOcean with a rating of Buy and set a new price target of $45.00
Cantor Fitzgerald initiated coverage of DigitalOcean with a rating of Neutral and set a new price target of $39.00
Morgan Stanley upgraded DigitalOcean from Equal-Weight to Overweight and set a new price target of $41.00 from $40.00 previously
Q2 2025 Revenue of $219 million, up 14% year-over-year; Raised full year revenue guidance to $888 to $892 million Q2 2025 Net Income was $37 million, up 93% year-over-year, at 17% margin and Adjusted EBITDA was $89 million, up 10% year-over-year, at 41% margin; Raised full year Adjusted EBITDA margin guidance to 39% to 40% Q2 2025 Incremental ARR of $32 million, the highest incremental ARR since Q4 of 2022 DigitalOcean Holdings, Inc. (NYSE:DOCN), the simplest scalable cloud for digital native enterprises, today announced results for its second quarter ended June 30, 2025. "We delivered another quarter of solid performance across both AI and core cloud. Total revenue grew 14% y
DigitalOcean Holdings, Inc. (NYSE:DOCN), the simplest scalable cloud for digital native enterprises, announced today that it will report financial results for the second quarter ended June 30, 2025 before the market opens on Tuesday, August 5, 2025. The company will also hold a conference call on the same day at 8 a.m. ET / 5 a.m. PT 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/746445668. The earnings release, webcast link and any accompanying materials will be posted to the DigitalOcean investor relations website at http://investors.digitalocean.com. A l
Q1 2025 Revenue of $211 million, up 14% year-over-year Q1 2025 Net Income was $38 million, up 170% year-over-year, at 18% margin and Adjusted EBITDA was $86 million, up 16% year-over-year, at 41% margin DigitalOcean Holdings, Inc. (NYSE:DOCN), the simplest scalable cloud for digital native enterprises, today announced results for its first quarter ended March 31, 2025. "The momentum we generated in 2024 in both core cloud and AI continued into Q1, as we grew total revenue 14% year-over-year, our highest quarterly growth rate since Q3 2023, with AI ARR continuing to grow north of 160% year-over-year, and we delivered more than 50 new product features, over 5 times as many as we delivered
DigitalOcean debuts vision for future of cloud, AI for digital-native businesses DigitalOcean, the simplest scalable cloud for growing tech companies, today kicked off its Deploy 25 customer conference in Austin, Texas bringing together the most passionate community of builders to share best practices, network, and experience DigitalOcean's vision for the future of cloud computing and AI. The event features keynote presentations from DigitalOcean leadership and customers, the unveiling of new innovations in cloud and AI, as well as opportunities to learn from the rest of the DigitalOcean community. "2024 was another monumental year for DigitalOcean, featuring groundbreaking product inno
30 year tech industry veteran will oversee the go-to-market strategy and drive rapid growth DigitalOcean Holdings, Inc. (NYSE:DOCN), the developer cloud optimized for startups and growing digital businesses, is pleased to announce the appointment of Larry D'Angelo as its new Chief Revenue Officer, effective today. In this role, D'Angelo will drive DigitalOcean's new business growth via direct sales and channel partnerships, customer success, customer support, and corporate communications. "Larry is a seasoned operator with rich experience scaling businesses, driving exceptional customer experience, and building world class organizations," said Paddy Srinivasan, CEO of DigitalOcean. "He
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
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