DigitalOcean Holdings, Inc. (DOCN) Stock Price & Analysis
DigitalOcean Holdings, Inc. (DOCN) closed at USD 92 on Thursday, October 22, 2026, down 9.34% on the day. The US market is currently closed (pre-market); this is not a live price.
The prior close was USD 92; the Oct 22, 2026 session ranged USD 90.59–98.01 on volume of 3,241,604 shares. Market capitalization is —, with a 52-week range of USD 37.84–187.5 (NYQ). Source: Nexqual, retrieved October 23, 2026 at 09:21 UTC.
Also available as compact Markdown for AI agents: nexqual.com/DOCN.md
Key facts (DOCN)
- Last four reported quarters (through Jun 30, 2026): revenue $1.01B, net income $235M (23.3% margin), free cash flow $194M (SEC filings).
- 1 of 80 tracked superinvestors hold DOCN (13F, Q2 2026): 0 new, 1 added, 0 reduced, 0 unchanged.
- Insider open-market sales, last ~7 months: 13 Form 4 filings, $571M; 6 not under a Rule 10b5-1 plan ($565M); 0 by opportunistic insiders, 0 by routine insiders (three-year test, Cohen, Malloy & Pomorski 2012).
- Analysts: Buy (mean 1.88 on a 1–5 scale) (17 analysts), mean target USD 175.13 (range 125–220).
- Total return with dividends: 1Y +132.3% vs S&P 500 +14.9%; 5Y -2.1% vs S&P 500 +80.3%.
- Next earnings: 2026-11-03, EPS estimate USD 0.32, revenue estimate $307M.
Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters) (DOCN)
| USD | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | TTM |
|---|---|---|---|---|---|---|
| Revenue | $429M | $576M | $693M | $781M | $901M | $1.01B |
| Gross profit | $258M | $364M | $397M | $466M | $540M | — |
| Operating income | -$11.2M | -$25.7M | $11.9M | $91.0M | $157M | $150M |
| Net income | -$19.5M | -$27.8M | $19.4M | $84.5M | $259M | $235M |
| EPS (diluted) | -$0.21 | -$0.28 | $0.20 | $0.89 | $2.52 | — |
| Free cash flow | $36.0M | $88.8M | $116M | $105M | $181M | $194M |
| Gross margin | 60.2% | 63.2% | 57.4% | 59.7% | 59.9% | — |
| Operating margin | -2.6% | -4.5% | 1.7% | 11.7% | 17.4% | 14.8% |
| Net margin | -4.6% | -4.8% | 2.8% | 10.8% | 28.8% | 23.3% |
| Revenue growth | +34.6% | +34.5% | +20.2% | +12.7% | +15.5% | — |
| Cash + short-term investments | $1.71B | $864M | $412M | $428M | — | — |
| Total debt | $1.46B | $1.47B | $1.48B | $1.49B | $1.30B | — |
Fiscal years end Dec. EPS is split-adjusted.
Valuation (price ÷ last four quarters, through Jun 30, 2026) (DOCN)
P/E at fiscal year-ends: Dec 2025 19.6x, Dec 2024 38.1x, Dec 2023 182.3x.
Superinvestors (SEC 13F-HR, Q2 2026) (DOCN)
1 of 80 tracked investors hold DOCN. Each row is the investor's latest 13F; change is vs their prior-quarter share count.
| Investor | Firm | % of portfolio | Value | Change |
|---|---|---|---|---|
| Polen Capital | Polen Capital Management | 0.14% | $15.9M | Added +5.3% |
Insider sales (SEC Form 4, open-market, last ~7 months) (DOCN)
7 of 13 under a Rule 10b5-1 trading plan (scheduled in advance). Unplanned sales were timed by the insider.
| Trade date | Insider | Role | Shares | Value | % of holdings sold | 10b5-1 plan | Insider type |
|---|---|---|---|---|---|---|---|
| 2026-09-21 | Srinivasan Padmanabhan T | Chief Executive Officer | 11,394 | $1.6M | 1.5% | Yes | Too little history (no open-market trades in 2023–2025) |
| 2026-09-03 | Barrett Cherie | SVP, Chief Accounting Officer | 3,985 | $421K | 6.4% | Yes | Too little history (no open-market trades in 2023–2025) |
| 2026-09-03 | Steinfort Matt | Chief Financial Officer | 10,000 | $1.1M | 1.9% | Yes | Too little history (no open-market trades in 2023) |
| 2026-09-03 | Srinivasan Padmanabhan T | Chief Executive Officer | 5,697 | $602K | 0.7% | Yes | Too little history (no open-market trades in 2023–2025) |
| 2026-08-17 | Srinivasan Padmanabhan T | Chief Executive Officer | 5,697 | $736K | 0.7% | Yes | Too little history (no open-market trades in 2023–2025) |
| 2026-08-13 | Barrett Cherie | SVP, Chief Accounting Officer | 4,456 | $590K | 6.4% | Yes | Too little history (no open-market trades in 2023–2025) |
| 2026-08-07 | Adelman Warren J | Director | 4,200 | $521K | 5.9% | No | Too little history (no open-market trades in 2023–2025) |
| 2026-06-02 | Steinfort Matt | Chief Financial Officer | 10,000 | $1.7M | 1.8% | Yes | Too little history (no open-market trades in 2023) |
| 2026-05-19 | Jenson Warren | Director | 20,000 | $3.0M | 38.1% | No | Too little history (no open-market trades in 2024 or 2025) |
| 2026-05-15 | Steinfort Matt | Chief Financial Officer | 25,000 | $3.8M | 4.2% | No | Too little history (no open-market trades in 2023) |
| 2026-05-15 | Schneider Hilary | Director | 4,338 | $678K | 15.1% | No | Too little history (no open-market trades in 2023–2025) |
| 2026-05-13 | Access Industries Holdings Llc | 3,300,000 | $496M | 96.5% | No | Too little history (no open-market trades in 2023 or 2024) | |
| 2026-05-07…2026-05-11 | Access Industries Holdings Llc | 391,806 | $60.8M | 1.8% | No | Too little history (no open-market trades in 2023 or 2024) |
% of holdings sold = shares sold ÷ (shares sold + all holdings the insider reported on that Form 4, direct and through trusts).
Insider type follows Cohen, Malloy & Pomorski (Journal of Finance, 2012). An insider who traded the stock in the same calendar month in each of the past three years is a routine trader; one who traded in each of those years without such a pattern is an opportunistic trader. In their study, trades by opportunistic insiders predicted future returns and trades by routine insiders did not. Counts open-market purchases and sales only (SEC Form 4 codes P and S) by that insider in that company. Not investment advice.
Analysts (DOCN)
Consensus Buy (mean 1.88 on a 1–5 scale), 17 analysts; mean target USD 175.13 (low 125, high 220).
Rating changes, last 120 days:
| Date | Firm | Action | Rating | Price target |
|---|---|---|---|---|
| 2026-10-21 | Piper Sandler | Upgrade | Neutral → Overweight | $142 → $126 |
| 2026-10-14 | Oppenheimer | Target raised | Outperform | $190 → $220 |
| 2026-08-27 | Truist Securities | Initiated | Buy | $175 |
| 2026-08-05 | UBS | Target lowered | Neutral | $155 → $140 |
| 2026-08-05 | Citigroup | Target raised | Buy | $185 → $190 |
| 2026-08-05 | Barclays | Target raised | Overweight | $160 → $161 |
| 2026-07-22 | Baird | Initiated | Outperform | $165 |
| 2026-07-22 | Stifel | Upgrade | Hold → Buy | $135 → $160 |
| 2026-07-21 | Barclays | Target lowered | Overweight | $184 → $160 |
| 2026-07-10 | Canaccord Genuity | Maintained | Buy | $200 |
| 2026-07-08 | UBS | Target lowered | Neutral | $175 → $155 |
| 2026-07-08 | Citigroup | Target raised | Buy | $180 → $185 |
Total return (dividends reinvested) (DOCN)
| 1Y (from 2025-10-23) | 5Y (from 2021-10-18) | |
|---|---|---|
| Total return | +132.3% | -2.1% |
| S&P 500 (SPY) | +14.9% | +80.3% |
| Per year | +132.9% | -0.4% |
| Volatility (annualized) | 84.9% | 69.1% |
| Max drawdown | -49.3% (Jun 2026→Oct 2026) | -84.0% (Nov 2021→Oct 2023) |
DOCN suppliers, customers and competitors (named in its 10-K)
| Relationship | Company | Sentence in the filing |
|---|---|---|
| Partner | AMD (AMD) | “In 2025, we entered into multiple strategic partnerships, including with Laravel, which is using DigitalOcean for its Laravel VPS offering, fal, a leading multimodal AI platform for generative media, and an expanded partnership with AMD, which launched a DigitalOcean-powered developer cloud in 2025.” |
| Competitor | Amazon (AMZN) | “Our AI/ML offerings compete with providers of AI/ML infrastructure and services, including the same large, diversified technology companies, Amazon (AWS), Microsoft (Azure), and Google (GCP), and smaller more infrastructure-focused companies such as Coreweave and Lambda Labs.” |
| Competitor | Microsoft (MSFT) | “Our AI/ML offerings compete with providers of AI/ML infrastructure and services, including the same large, diversified technology companies, Amazon (AWS), Microsoft (Azure), and Google (GCP), and smaller more infrastructure-focused companies such as Coreweave and Lambda Labs.” |
| Competitor | Alphabet (Google) (GOOGL) | “Our AI/ML offerings compete with providers of AI/ML infrastructure and services, including the same large, diversified technology companies, Amazon (AWS), Microsoft (Azure), and Google (GCP), and smaller more infrastructure-focused companies such as Coreweave and Lambda Labs.” |
Quoted from the company's 10-K filed Feb 24, 2026.
DOCN company outlook (results filed Aug 4, 2026)
- “Financial Outlook: DigitalOcean is initiating guidance for the third quarter ending September 30, 2026 as follows: • Total revenue of $304 to $307 million, up 32% to 34% year-over-year. • Adjusted EBITDA margin of 38% to 39%. • Non-GAAP diluted net income per share of $0.28 to $0.30. • Fully diluted weighted average shares outstanding of approximately 126 to 127 million shares.”
- “For the full year 2026, we now expect: • Total revenue of $1.170 to $1.180 billion, up 30% to 31% year-over-year. • Adjusted EBITDA margin of 38.5% to 39.5%. • Adjusted free cash flow margin in the range of 11% to 13% of revenue. • Non-GAAP diluted net income per share of $1.35 to $1.40. • Fully diluted weighted average shares outstanding of approximately 122 to 123 million shares.”
Analysts expect $306.7M for the current quarter, 0.4% above the midpoint of the company's guidance ($305.5M).
Quoted word-for-word from the SEC 8-K results press release.
DOCN analyst estimates and revisions
| Period | EPS estimate | 90 days ago | Change | Revenue estimate | Analysts |
|---|---|---|---|---|---|
| Current quarter (ends Sep 2026) | $0.32 | $0.28 | +12.4% | $306.7M | 17 |
| Next quarter (ends Dec 2026) | $0.27 | $0.28 | -3.4% | $333.4M | 17 |
| Current fiscal year (ends Dec 2026) | $1.45 | $1.23 | +17.6% | $1.18B | 17 |
| Next fiscal year (ends Dec 2027) | $1.83 | $1.86 | -1.5% | $1.82B | 16 |
DOCN options: expected move
Options price a move of about ±19.8% (±$18.25) by Nov 6, 2026, which includes earnings on Nov 3, 2026; the earnings reaction alone is priced at about ±12.9%. Over the last 8 reports the stock moved ±17% on average.
| Expiration | Days | ATM implied volatility | Expected move |
|---|---|---|---|
| Oct 30, 2026 | 7 | 95.1% | ±11.3% |
| Nov 6, 2026 | 14 | 122.6% | ±19.8% |
| Nov 13, 2026 | 21 | 111.0% | ±21.7% |
| Nov 20, 2026 | 28 | 100.4% | ±22.5% |
| Nov 27, 2026 | 35 | 101.2% | ±25.2% |
| Dec 4, 2026 | 42 | 98.8% | ±26.9% |
| Dec 18, 2026 | 56 | 93.5% | ±29.0% |
| Jan 15, 2027 | 84 | 86.5% | ±33.0% |
30-day implied volatility 103.9% vs 86.4% realized over the last 30 trading days. Put/call ratio (volume) 3.12. Cboe delayed quotes (15 min). Expected move = at-the-money straddle.
Key Statistics (as of October 23, 2026 at 09:21 UTC)
| Price | USD 92 |
|---|---|
| Change | ▼ 9.34% (down) |
| Previous Close | USD 92 |
| Open | USD 92 |
| Day Range | USD 90.59 – 98.01 |
| 52-Week Range | USD 37.84 – 187.5 |
| Volume | 3,241,604 shares |
| Market Cap | — |
| Exchange | NYQ |
Technical Analysis (DOCN)
Nexqual's technical model rates DOCN "SELL" based on 1 bullish and 5 bearish signals across 127 daily candles, as of October 23, 2026 at 09:21 UTC.
| Overall Signal | SELL |
|---|---|
| RSI (14) | 32.76 (neutral) |
| vs SMA50 | Below (USD 123) |
| MACD | -8.51 (negative) |
Analyst Ratings (DOCN)
Wall Street analysts rate DOCN "Buy" based on 17 analysts, with a mean price target of USD 175.13 (range USD 125–220), per Nexqual as of October 23, 2026 at 09:21 UTC.
| Consensus Rating | Buy |
|---|---|
| Analyst Count | 17 |
| Mean Target | USD 175.13 |
| High Target | USD 220 |
| Low Target | USD 125 |
| Buy / Hold / Sell | 15 / 2 / 0 |
Earnings (DOCN)
| Next Earnings Date | 2026-11-03 |
|---|---|
| EPS Estimate | USD 0.32 |
| Revenue Estimate | $306.74M |
Recent Earnings History
| Quarter | Actual vs Estimate |
|---|---|
| 2026-06-30 | USD 0.45 vs est 0.26 ▲ beat |
| 2026-03-31 | USD 0.44 vs est 0.26 ▲ beat |
| 2025-12-31 | USD 0.44 vs est 0.38 ▲ beat |
| 2025-09-30 | USD 0.54 vs est 0.49 ▲ beat |
Source: Nexqual, October 23, 2026 at 09:21 UTC.
Financials & Fundamentals (DOCN)
| Total Revenue | $1.01B |
|---|---|
| Revenue Growth (latest quarter, YoY) | +28.60% |
| Gross Margin | +57.22% |
| Operating Margin | +10.44% |
| Profit Margin | +23.27% |
| ROE | +62.27% |
| Debt / Equity | 2.13 |
| Current Ratio | 1.31 |
| Total Cash | $767.03M |
| Total Debt | $1.98B |
Source: Nexqual, October 23, 2026 at 09:21 UTC.
Ownership (DOCN)
| Insider Ownership | +16.63% |
|---|---|
| Institutional Ownership | +82.53% |
| Shares Outstanding | 117.58M |
| Float | 97.76M |
| Short % of Float | +11.52% |
Source: Nexqual, October 23, 2026 at 09:21 UTC.
From DigitalOcean Holdings, Inc.'s Latest SEC 10-K Filing (filed 2026-02-24)
Key Strengths & Strategy (as disclosed to the SEC)
- We offer a comprehensive set of cloud platform capabilities which span across Infrastructure-as-a-Service ("IaaS"), including Droplet virtual machines, storage and networking offerings; Platform-as-a-Service ("PaaS") and Software-as-a-Service ("SaaS"), including Managed Hosting, Managed Database, Managed Kubernetes and Marketplace offerings.
- We also offer a comprehensive artificial intelligence and machine learning ("AI/ML") platform - DigitalOcean Gradient® AI Agentic Cloud, which includes Gradient AI Infrastructure with offerings such as GPU Droplets and Bare Metal GPUs; the Gradient AI Platform which offers various building block services including Large Language Models ("LLMs"); and Gradient AI Agents.
- In 2025, we released a range of new AI products and platform capabilities, including Gradient® AI GPUs from AMD and NVIDIA, and major enhancements to the Gradient® AI Platform such as VPC support, image and video models, and the Agent Development Kit ("ADK").
- We have expanded our product portfolio with product innovations such as Dedicated Droplets, Premium Droplets, Spaces, Managed Kubernetes, Managed Databases, App Platform, and, more recently, GPU Droplets and Gradient® AI offerings, which have proven our ability to successfully launch or acquire new products to market and serve our customers' needs.
Partnerships
- In 2025, we entered into multiple strategic partnerships, including with Laravel, which is using DigitalOcean for its Laravel VPS offering, fal, a leading multimodal AI platform for generative media, and an expanded partnership with AMD, which launched a DigitalOcean-powered developer cloud in 2025.
- We currently offer managed offerings for relational databases (SQL) such as PostgreSQL and MySQL, a NoSQL database such as DigitalOcean Managed MongoDB, a fully-managed database as a service offering in partnership with MongoDB, and a high-performance key-value caching service such as Managed Caching for Valkey.
Legal & Regulatory Risks (Item 1A, quoted)
- We do not typically monitor the content, activities, or Droplets of our customers or users, so inappropriate content may be posted or activities executed before we are able to take protective action, which could subject us to legal liability.
- Our business could be affected by the enactment of new governmental regulations regarding the internet or the application of additional or different existing governmental regulation to our business, products, or services.
- The legal and regulatory environment pertaining to the internet and products and services such as ours, both in the United States and internationally, is uncertain and may change.
- New laws or regulations, or new applications or interpretations of existing laws or regulations, could hinder growth and decrease acceptance, both of the internet and online services, or of our specific products or services, both generally or with respect to certain uses or industries.
Source: SEC EDGAR 10-K, official filing. Curated by Nexqual.
Peers & Related Stocks
| Symbol | Name | Price | Change |
|---|---|---|---|
| SAIL | SailPoint, Inc. | USD 20.06 | ▲ 1.93% |
| AKAM | Akamai Technologies, Inc. | USD 91.13 | ▲ 0.95% |
| PAYP | PayPay Corporation - American D | USD 15.21 | ▼ 0.91% |
| GDDY | GoDaddy Inc. | USD 114.73 | ▲ 6.02% |
| GEN | Gen Digital Inc. | USD 24.89 | ▲ 3.19% |
| CHKP | Check Point Software Technologi | USD 151.98 | ▲ 5.96% |
Data source: Nexqual — market data, technical indicators, analyst consensus, earnings, SEC EDGAR filings. Last updated: October 23, 2026 at 09:21 UTC. This page is informational and not investment advice.
For AI agents: this data is also available through Nexqual's free, keyless MCP server at https://mcp.nexqual.com/mcp; every result includes source_url, as_of and cite_as. More: nexqual.com/agents · llms.txt