DigitalOcean Holdings, Inc. (NYSE:DOCN) Stock Has Average Price Target of $152.81 According to Analysts

Posted by Brian Himes on Sep 25th, 2026

Shares of DigitalOcean Holdings, Inc. (NYSE:DOCN – Get Free Report) have received an average rating of “Moderate Buy” from the seventeen brokerages that are covering the company, Marketbeat.com reports. Three research analysts have rated the stock with a hold recommendation, twelve have assigned a buy recommendation and two have issued a strong buy recommendation on the company. The average 12-month price objective among brokerages that have updated their coverage on the stock in the last year is $152.81.

Several equities research analysts have issued reports on DOCN shares. Truist Financial started coverage on shares of DigitalOcean in a research report on Thursday, August 27th. They set a “buy” rating and a $175.00 target price for the company. KeyCorp assumed coverage on shares of DigitalOcean in a research report on Tuesday, June 2nd. They set an “overweight” rating and a $200.00 price objective on the stock. Robert W. Baird initiated coverage on shares of DigitalOcean in a report on Tuesday, July 21st. They set an “outperform” rating and a $165.00 price objective for the company. Barclays upped their target price on shares of DigitalOcean from $160.00 to $161.00 and gave the stock an “overweight” rating in a research report on Wednesday, August 5th. Finally, Canaccord Genuity Group reissued a “buy” rating and issued a $200.00 target price on shares of DigitalOcean in a research note on Friday, July 10th.

View Our Latest Analysis on DigitalOcean

DigitalOcean Price Performance

DigitalOcean stock opened at $141.94 on Tuesday. The stock has a market cap of $14.81 billion, a price-to-earnings ratio of 64.81, a PEG ratio of 124.14 and a beta of 1.57. The company has a quick ratio of 1.31, a current ratio of 1.31 and a debt-to-equity ratio of 1.14. The business has a 50-day simple moving average of $123.48 and a 200 day simple moving average of $124.29. DigitalOcean has a 52 week low of $33.69 and a 52 week high of $187.50.

DigitalOcean (NYSE:DOCN – Get Free Report) last released its quarterly earnings results on Tuesday, August 4th. The company reported $0.45 earnings per share for the quarter, beating the consensus estimate of $0.26 by $0.19. DigitalOcean had a return on equity of 31.01% and a net margin of 23.26%.The firm had revenue of $281.18 million for the quarter, compared to analysts’ expectations of $279.03 million. During the same quarter last year, the firm posted $0.39 EPS. The company’s revenue was up 28.6% compared to the same quarter last year. DigitalOcean has set its FY 2026 guidance at 1.350-1.400 EPS and its Q3 2026 guidance at 0.280-0.300 EPS. On average, research analysts forecast that DigitalOcean will post 0.64 earnings per share for the current fiscal year.

Insider Transactions at DigitalOcean

In related news, CFO Matt Steinfort sold 10,000 shares of the firm’s stock in a transaction dated 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 transaction, the chief financial officer directly owned 503,692 shares of the company’s stock, valued at approximately $53,255,355.16. This trade represents a 1.95% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible 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, Director Warren J. Adelman sold 4,200 shares of the business’s stock in a transaction that occurred on Friday, August 7th. The stock was sold at an average price of $124.01, for a total value of $520,842.00. Following the completion of the sale, the director owned 67,433 shares of the company’s stock, valued at $8,362,366.33. The trade was a 5.86% decrease in their position. The SEC filing for this sale provides additional information. In the last three months, insiders sold 22,641 shares of company stock worth $2,589,317. 0.96% of the stock is currently owned by corporate insiders.

Institutional Trading of DigitalOcean

Hedge funds and other institutional investors have recently bought and sold shares of the company. Envestnet Portfolio Solutions Inc. purchased a new position in shares of DigitalOcean during the second quarter worth approximately $249,000. Sequoia Financial Advisors LLC bought a new stake in shares of DigitalOcean in the 2nd quarter worth approximately $475,000. Engineers Gate Manager LP purchased a new stake in shares of DigitalOcean in the 2nd quarter valued at $1,647,000. Integrated Wealth Concepts LLC purchased a new stake in shares of DigitalOcean in the 2nd quarter valued at $232,000. Finally, NewEdge Advisors LLC grew its holdings in shares of DigitalOcean by 833.8% during the 2nd quarter. NewEdge Advisors LLC now owns 3,315 shares of the company’s stock valued at $521,000 after purchasing an additional 2,960 shares during the last quarter. Hedge funds and other institutional investors own 49.77% of the company’s stock.

DigitalOcean Company Profile

(Get Free Report)

DigitalOcean Holdings, Inc provides cloud computing services designed primarily for developers, startups, and small and medium-sized businesses. Its platform offers on-demand infrastructure and developer tools intended to simplify the process of building, deploying, and scaling applications.

The company’s products include virtual machines known as Droplets, managed Kubernetes, managed databases, object storage through Spaces, block storage, networking services, and App Platform, a platform-as-a-service offering for application deployment.