DigitalOcean (DOCN) Projected to Release Earnings on Tuesday

DigitalOcean (NYSE:DOCN) is expected to be announcing its Q2 2026 results before the market opens on Tuesday, August 4th. Analysts expect DigitalOcean to post earnings of $0.26 per share and revenue of $277.8220 million for the quarter. DigitalOcean has set its Q2 2026 guidance at 0.200-0.230 EPS and its FY 2026 guidance at 1.100-1.200 EPS. Investors may review the information on the company’s upcoming Q2 2026 earning overview page for the latest details on the call scheduled for Tuesday, August 4, 2026 at 8:00 AM ET.

DigitalOcean (NYSE:DOCN) last announced its quarterly earnings results on Tuesday, May 5th. The company reported $0.44 EPS for the quarter, topping the consensus estimate of $0.27 by $0.17. DigitalOcean had a net margin of 24.97% and a return on equity of 88.86%. The business had revenue of $257.90 million for the quarter, compared to analysts’ expectations of $249.76 million. During the same quarter in the previous year, the company earned $0.56 EPS. The business’s quarterly revenue was up 22.4% compared to the same quarter last year. On average, analysts expect DigitalOcean to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

DigitalOcean Price Performance

Shares of DOCN traded down $11.35 during midday trading on Tuesday, hitting $108.85. 356,057 shares of the company traded hands, compared to its average volume of 3,829,958. The firm has a 50 day moving average of $150.65 and a 200-day moving average of $104.71. DigitalOcean has a 52 week low of $25.56 and a 52 week high of $187.50. The stock has a market cap of $11.36 billion, a price-to-earnings ratio of 48.23 and a beta of 1.57. The company has a debt-to-equity ratio of 0.92, a quick ratio of 1.46 and a current ratio of 1.46.

Insiders Place Their Bets

In related news, Director Hilary Schneider sold 4,338 shares of DigitalOcean stock in a transaction dated Friday, May 15th. The shares were sold at an average price of $156.38, for a total transaction of $678,376.44. Following the completion of the transaction, the director directly owned 24,323 shares of the company’s stock, valued at approximately $3,803,630.74. The trade was a 15.14% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Matt Steinfort sold 10,000 shares of the company’s stock in a transaction dated Tuesday, June 2nd. The shares were sold at an average price of $170.07, for a total transaction of $1,700,700.00. Following the transaction, the chief financial officer owned 538,414 shares in the company, valued at $91,568,068.98. The trade was a 1.82% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 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. Over the last 90 days, insiders sold 39,338 shares of company stock valued at $6,191,576. 0.96% of the stock is owned by corporate insiders.

Institutional Trading of DigitalOcean

Institutional investors have recently added to or reduced their stakes in the company. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its position in shares of DigitalOcean by 5.0% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 339,670 shares of the company’s stock valued at $11,342,000 after buying an additional 16,162 shares during the period. Intech Investment Management LLC raised its holdings in shares of DigitalOcean by 59.2% in the first quarter. Intech Investment Management LLC now owns 39,429 shares of the company’s stock worth $1,317,000 after buying an additional 14,655 shares during the period. Amundi raised its holdings in shares of DigitalOcean by 126,552.2% in the second quarter. Amundi now owns 29,130 shares of the company’s stock worth $827,000 after buying an additional 29,107 shares during the period. Jump Financial LLC bought a new stake in shares of DigitalOcean during the 2nd quarter worth approximately $3,212,000. Finally, Qube Research & Technologies Ltd lifted its stake in shares of DigitalOcean by 69.7% during the 2nd quarter. Qube Research & Technologies Ltd now owns 414,643 shares of the company’s stock worth $11,842,000 after acquiring an additional 170,339 shares during the last quarter. Institutional investors own 49.77% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts have recently issued reports on DOCN shares. Stifel Nicolaus raised DigitalOcean from a “hold” rating to a “buy” rating and lifted their target price for the stock from $135.00 to $160.00 in a report on Tuesday, July 21st. William Blair restated an “outperform” rating on shares of DigitalOcean in a report on Wednesday, July 15th. Barclays reduced their price objective on DigitalOcean from $184.00 to $160.00 and set an “overweight” rating on the stock in a research note on Tuesday, July 21st. Citigroup increased their target price on DigitalOcean from $180.00 to $185.00 and gave the company a “buy” rating in a research report on Wednesday, July 8th. Finally, Morgan Stanley raised their target price on shares of DigitalOcean from $75.00 to $175.00 and gave the company an “overweight” rating in a report on Wednesday, May 6th. Two research analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat, DigitalOcean presently has a consensus rating of “Buy” and a consensus target price of $151.93.

About DigitalOcean

DigitalOcean Holdings, Inc is a cloud infrastructure provider that focuses on simplicity, performance and developer experience. The company offers a range of cloud services designed to help software developers, startups and small- to medium-sized businesses deploy, manage and scale applications. Its flagship offering, Droplets, provides virtual private servers that can be configured with various CPU, memory and storage options. In addition to compute instances, DigitalOcean’s platform includes managed Kubernetes, scalable object and block storage, managed databases, load balancers and networking capabilities such as Virtual Private Cloud (VPC) and Floating IPs.

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.