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    DigitalOcean Holdings Inc.

    Subscribe to $DOCN
    $DOCN
    Computer Software: Programming Data Processing
    Technology

    DigitalOcean Holdings, Inc. operates a cloud computing platform that offers infrastructure and platform tools for developers, start-ups, and small and medium-sized businesses in North America, Europe, Asia, and internationally. It offers infrastructure solutions across compute, storage, and networking fields, as well as managed application, container, and database offerings to developers. The company's users include software engineers, researchers, data scientists, system administrators, students, and hobbyists. Its customers use its platform in various industry verticals and for a range of use cases, such as web and mobile applications, website hosting, e-commerce, media and gaming, personal web projects, managed services, and others. The company was incorporated in 2012 and is headquartered in New York, New York.

    IPO Year: 2021

    Exchange: NYSE

    Website: digitalocean.com

    Peers

    $NET
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    Recent Analyst Ratings for DigitalOcean Holdings Inc.

    DatePrice TargetRatingAnalyst
    1/24/2025$45.00Buy
    Citigroup
    1/17/2025$39.00Neutral
    Cantor Fitzgerald
    1/16/2025$40.00 → $41.00Equal-Weight → Overweight
    Morgan Stanley
    5/22/2024$40.00Neutral
    UBS
    11/21/2023$37.00Perform → Outperform
    Oppenheimer
    11/7/2023$33.00Sell → Buy
    Goldman
    10/23/2023$30.00 → $22.00Underweight → Neutral
    Piper Sandler
    9/8/2023$47.00 → $25.00Buy → Underperform
    BofA Securities
    8/11/2023$127.00 → $103.00Underweight → Equal-Weight
    Morgan Stanley
    6/22/2023$35.00Neutral → Underweight
    Piper Sandler
    See more ratings

    DigitalOcean Holdings Inc. Press Releases

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    • DigitalOcean and AMD Collaborate to Advance AI Using Cloud-Based GPUs

      DigitalOcean Holdings, Inc. (NYSE:DOCN), the simplest scalable cloud for digital native enterprises, today announced a collaboration with AMD that provides DigitalOcean customers with access to AMD Instinct™ GPUs as DigitalOcean GPU Droplets to power their AI workloads starting with the AMD MI300X GPUs. Later this year, DigitalOcean will offer AMD Instinct™ MI325X GPUs, further expanding access to powerful and affordable GPU models. AMD Instinct™ MI325X GPU accelerators set new AI performance standards, delivering incredible performance and efficiency for training and inference. AMD Instinct MI300X GPUs deliver leadership performance for accelerated high-performance computing (HPC) applic

      6/12/25 4:05:00 PM ET
      $DOCN
      Computer Software: Programming Data Processing
      Technology
    • DigitalOcean Announces Availability of New GPU Droplets, Accelerated by NVIDIA

      GPU Droplets support inference and complex AI workloads DigitalOcean Holdings, Inc. (NYSE:DOCN), the simplest scalable cloud for digital native enterprises, today announced that NVIDIA RTX 4000 Ada Generation, NVIDIA RTX 6000 Ada Generation, and NVIDIA L40S GPUs are generally available to customers as DigitalOcean GPU Droplets. These newly available GPU Droplets bring NVIDIA's powerful accelerated computing platform with best-in-class graphics and media acceleration to DigitalOcean's platform, and complement existing NVIDIA H100 GPU Droplets and H200 Bare Metal GPUs. By expanding access to NVIDIA GPUs at multiple price points, DigitalOcean GPU Droplets help reduce the barriers to AI adopt

      5/8/25 8:30:00 AM ET
      $DOCN
      Computer Software: Programming Data Processing
      Technology
    • DigitalOcean Announces First Quarter 2025 Financial Results

      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

      5/6/25 7:00:00 AM ET
      $DOCN
      Computer Software: Programming Data Processing
      Technology
    • DigitalOcean Introduces Managed Caching for Valkey

      Enables digital native enterprises to help reduce database load, improve response times, and optimize resource usage effortlessly DigitalOcean Holdings, Inc. (NYSE:DOCN), the simplest scalable cloud for digital native enterprises, today announced the general availability of DigitalOcean Managed Caching for Valkey, a high-performance caching solution designed to help enhance application speed and scalability. This new offering will replace the current Managed Caching offering, and expand upon its capabilities with exciting new developer tools, including enhanced multi-threading capabilities, dual-channel replication, and new dictionary structure with experimental RDMA support. Managed Cach

      4/24/25 4:15:00 PM ET
      $DOCN
      Computer Software: Programming Data Processing
      Technology
    • DigitalOcean Announces Date of First Quarter 2025 Earnings Conference Call

      DigitalOcean Holdings, Inc. (NYSE:DOCN), the simplest scalable cloud for digital native enterprises, announced today that it will report financial results for the first quarter ended March 31, 2025 before the market opens on Tuesday, May 6, 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/492751082. 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 w

      4/15/25 8:30:00 AM ET
      $DOCN
      Computer Software: Programming Data Processing
      Technology
    • DigitalOcean Hosts 2025 Investor Day

      DigitalOcean Holdings, Inc. (NYSE:DOCN), the simplest scalable cloud for growing tech companies, will host its Investor Day in New York on April 4, 2025. This event was first announced on Feb. 5, 2025. The live webcast will start at 9 a.m. ET, and can be found at https://investors.digitalocean.com. Presentations will be given by DigitalOcean Chief Executive Officer Paddy Srinivasan and select members of DigitalOcean's leadership team. During the event, presentations will provide an in-depth presentation of DigitalOcean's strategic vision, growth levers, and financial outlook. Attendance in person is by invitation only. For in-person attendance requests, please contact investors@digitaloce

      4/3/25 4:05:00 PM ET
      $DOCN
      Computer Software: Programming Data Processing
      Technology
    • DigitalOcean Provides Secure, High-Performance Multi-Cloud Connectivity with DigitalOcean Partner Network Connect

      New connectivity solution is designed to simplify multi-cloud and hybrid cloud networking, helping to enhance performance and security options for businesses DigitalOcean Holdings Inc (NYSE:DOCN), the simplest scalable cloud for growing businesses, today announced the general availability of DigitalOcean Partner Network Connect, designed to be a secure, high-performance connectivity solution to simplify multi-cloud and hybrid-cloud networking. The service enables businesses to establish private, secure connections between DigitalOcean and other cloud providers or private clouds, bypassing the public internet for improved security, predictable latency, and optimized network performance. Di

      4/2/25 8:30:00 AM ET
      $DOCN
      Computer Software: Programming Data Processing
      Technology
    • DigitalOcean Kubernetes Unlocks Superior Scalability for Growing Businesses

      Enhanced platform helps eliminate barriers to scale Kubernetes, while allowing businesses to realize greater simplicity and cost-efficiency DigitalOcean Holdings, Inc. (NYSE:DOCN), the simplest scalable cloud for growing tech companies, today announced a major evolution of its DigitalOcean Kubernetes Service (DOKS). This release provides customers effortless scaling up to 1,000 nodes for simplified growth, streamlined and secure networking for easier cloud integration, optimized network routing for faster performance & lower latency, and fully-managed networking tools that significantly reduce operational overhead. DOKS offers a simple, 1-click experience for cluster creation with optimiz

      4/2/25 8:30:00 AM ET
      $DOCN
      Computer Software: Programming Data Processing
      Technology
    • DigitalOcean Announces Fourth Quarter and Fiscal Year 2024 Financial Results

      Q4 2024 Revenue of $205 million, up 13% year-over-year; Full year 2024 revenue of $781 million, up 13% year-over-year 2024 Net Income was $84 million, up 335% year-over-year, at 11% margin and Adjusted EBITDA was $328 million, up 19% year-over-year, at 42% margin DigitalOcean Holdings, Inc. (NYSE:DOCN), the simplest scalable cloud for growing tech companies, today announced results for its fourth quarter and fiscal year ended December 31, 2024. "We are entering 2025 with increasing momentum - in Q4 alone, we released more than four times as many products and features than we did in Q4 of the prior year, increased net dollar retention to 99%, grew revenue 13% year-over-year and deliver

      2/25/25 7:05:00 AM ET
      $DOCN
      Computer Software: Programming Data Processing
      Technology
    • DigitalOcean Announces 2025 Investor Day

      DigitalOcean Holdings, Inc. (NYSE:DOCN), the simplest scalable cloud for growing tech companies, announced today that it will host an Investor Day in New York on April 4, 2025. Presentations will be given by DigitalOcean Chief Executive Officer Paddy Srinivasan and select members of DigitalOcean's management team. Attendance in person is by invitation only. For in person attendance requests, please contact [email protected] for more information as space is limited. Presentations are expected to begin at 9:00 a.m. ET and conclude by 12:00 p.m. ET. A live video webcast will be made available to the public. Investors and analysts can pre-register for the webcast at https://app.web

      2/5/25 8:00:00 AM ET
      $DOCN
      Computer Software: Programming Data Processing
      Technology