The Latest Breaking News from DOCN

This tech stock is a fast-growing cloud provider with significant long-term potential.

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Analysts have provided the following ratings for DigitalOcean Holdings (NYSE:DOCN) within the last quarter:

DigitalOcean Holdings (NYSE:DOCN) reported its Q1 earnings results on Wednesday, May 4, 2022 at 04:00 PM. Here's what investors need to know about the announcement.

Within the last quarter, DigitalOcean Holdings (NYSE:DOCN) has observed the following analyst ratings:

Piper Sandler analyst James Fish initiated coverage of DigitalOcean Holdings Inc (NYSE:DOCN) with an Overweight rating and a $72 price target (21% upside).  Fish expects DigitalOcean to benefit from the shift of the 18% public cloud workload annual growth in which cloud spending is only 23% of broader infrastructure spending today.  The analyst notes…

Someone with a lot of money to spend has taken a bullish stance on DigitalOcean Holdings (NYSE:DOCN). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

Over the past 3 months, 4 analysts have published their opinion on DigitalOcean Holdings (NYSE:DOCN) stock. These analysts are typically employed by large Wall Street banks and tasked with understanding a company's business to predict how a stock will trade over the upcoming year.