Several brokerages have updated their recommendations and price targets on shares of DigitalOcean (NYSE: DOCN) in the last few weeks:
- 8/11/2026 – DigitalOcean was upgraded by Weiss Ratings from “hold (c+)” to “buy (b-)”.
- 8/5/2026 – DigitalOcean had its price target lowered by UBS Group AG from $155.00 to $140.00. They now have a “neutral” rating on the stock.
- 8/5/2026 – DigitalOcean had its price target lowered by UBS Group AG from $155.00 to $140.00. They now have a “neutral” rating on the stock.
- 8/5/2026 – DigitalOcean had its price target raised by Citigroup Inc. from $185.00 to $190.00. They now have a “buy” rating on the stock.
- 8/5/2026 – DigitalOcean had its price target raised by Barclays PLC from $160.00 to $161.00. They now have an “overweight” rating on the stock.
- 7/28/2026 – DigitalOcean was downgraded by Weiss Ratings from “buy (b-)” to “hold (c+)”.
- 7/21/2026 – DigitalOcean was upgraded by Stifel Nicolaus from “hold” to “buy”. They now have a $160.00 price target on the stock, up from $135.00.
- 7/21/2026 – DigitalOcean is now covered by Robert W. Baird. They set an “outperform” rating and a $165.00 price target on the stock.
- 7/21/2026 – DigitalOcean had its price target lowered by Barclays PLC from $184.00 to $160.00. They now have an “overweight” rating on the stock.
- 7/21/2026 – DigitalOcean was upgraded by Robert W. Baird to “strong-buy”.
- 7/15/2026 – DigitalOcean had its “outperform” rating reaffirmed by William Blair.
- 7/10/2026 – DigitalOcean was upgraded by Weiss Ratings from “hold (c+)” to “buy (b-)”.
- 7/10/2026 – DigitalOcean had its “buy” rating reaffirmed by Canaccord Genuity Group Inc.. They now have a $200.00 price target on the stock.
- 7/8/2026 – DigitalOcean had its price target lowered by UBS Group AG from $175.00 to $155.00. They now have a “neutral” rating on the stock.
- 7/8/2026 – DigitalOcean had its price target raised by Citigroup Inc. from $180.00 to $185.00. They now have a “buy” rating on the stock.
- 7/7/2026 – DigitalOcean had its price target raised by Barclays PLC from $183.00 to $184.00. They now have an “overweight” rating on the stock.
- 6/24/2026 – DigitalOcean had its “hold (c+)” rating reaffirmed by Weiss Ratings.
Insider Transactions at DigitalOcean
In related news, CFO Matt Steinfort sold 10,000 shares of the business’s stock in a transaction that occurred on Tuesday, June 2nd. The stock was sold at an average price of $170.07, for a total value of $1,700,700.00. Following the completion of the transaction, the chief financial officer directly owned 538,414 shares in the company, valued at approximately $91,568,068.98. The trade was a 1.82% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. 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 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 sale, the director directly owned 67,433 shares of the company’s stock, valued at approximately $8,362,366.33. The trade was a 5.86% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 18,656 shares of company stock valued at $2,811,383 over the last 90 days. 0.96% of the stock is owned by company insiders.
Founded in 2011 and headquartered in New York City, DigitalOcean was created with the goal of making cloud computing more accessible to individual developers and smaller teams.
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