DigitalOcean (DOCN) Expected to Post Earnings on Tuesday

DigitalOcean (NYSE:DOCN) is anticipated to post its Q3 2026 results before the market opens on Tuesday, November 3rd. Analysts expect DigitalOcean to announce earnings of $0.3170 per share and revenue of $306.74 million for the quarter. DigitalOcean has set its FY 2026 guidance at 1.350-1.400 EPS and its Q3 2026 guidance at 0.280-0.300 EPS. Parties may visit the company’s upcoming Q3 2026 earnings summary page for the latest details on the call scheduled for Tuesday, November 3, 2026 at 8:00 AM ET.

DigitalOcean (NYSE:DOCN) last issued its quarterly earnings data on Tuesday, August 4th. The company reported $0.45 earnings per share for the quarter, topping analysts’ consensus estimates of $0.26 by $0.19. The business had revenue of $281.18 million for the quarter, compared to analyst estimates of $279.03 million. DigitalOcean had a return on equity of 31.01% and a net margin of 23.26%. DigitalOcean’s quarterly revenue was up 28.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.39 EPS. On average, analysts expect DigitalOcean to post $0.62 EPS for the current fiscal year and $0.63 EPS for the next fiscal year.

DigitalOcean Trading Up 6.8%

Shares of DOCN stock opened at $99.55 on Tuesday. DigitalOcean has a twelve month low of $37.83 and a twelve month high of $187.50. The stock’s fifty day simple moving average is $121.58 and its 200 day simple moving average is $110.03. 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 firm has a market capitalization of $10.39 billion, a P/E ratio of 45.46, a P/E/G ratio of 81.27 and a beta of 1.70.

Insider Activity at DigitalOcean

In other news, Director Warren Adelman sold 4,200 shares of the business’s stock in a transaction that occurred on Friday, August 7th. The shares were sold at an average price of $124.01, for a total value of $520,842.00. Following the transaction, the director owned 67,433 shares in the company, valued at approximately $8,362,366.33. The trade was a 5.86% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CFO Matt Steinfort sold 10,000 shares of the company’s stock in a transaction on Thursday, September 3rd. The shares were sold at an average price of $105.73, for a total transaction of $1,057,300.00. Following the completion of the sale, the chief financial officer directly owned 503,692 shares in the company, valued at approximately $53,255,355.16. This represents a 1.95% 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. Insiders have sold 22,641 shares of company stock worth $2,589,317 over the last ninety days. Insiders own 0.96% of the company’s stock.

Analyst Ratings Changes

A number of analysts have recently commented on DOCN shares. William Blair reissued an “outperform” rating on shares of DigitalOcean in a research note on Wednesday, July 15th. Barclays lifted 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. Piper Sandler raised shares of DigitalOcean from a “neutral” rating to an “overweight” rating and reduced their target price for the stock from $142.00 to $126.00 in a report on Wednesday, October 21st. Weiss Ratings cut shares of DigitalOcean from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Wednesday, September 9th. Finally, Robert W. Baird started coverage on shares of DigitalOcean in a research note on Tuesday, July 21st. They set an “outperform” rating and a $165.00 price target for the company. Two equities research analysts have rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Buy” and an average price target of $150.69.

DigitalOcean Company Profile

DigitalOcean Holdings, Inc is a cloud computing company that provides infrastructure and developer-focused services for startups, small and medium-sized businesses, and individual developers. Its platform is designed to simplify the deployment, management, and scaling of applications without requiring customers to build and operate extensive in-house infrastructure.

The company’s offerings include Droplets, its virtual machine service; managed Kubernetes; managed databases; object and block storage; networking tools; and application deployment services through App Platform.