DigitalOcean (DOCN) – Analysts’ Recent Ratings Changes

A number of research firms have changed their ratings and price targets for DigitalOcean (NYSE: DOCN):

• 10/26/2026 – DigitalOcean had its “neutral” rating reaffirmed by UBS Group. They now have a $105.00 price target on the stock.
• 10/21/2026 – DigitalOcean was upgraded by Piper Sandler from “neutral” to “overweight”. They now have a $126.00 price target on the stock, down from $142.00.
• 10/19/2026 – DigitalOcean was upgraded by Zacks Research from “hold” to “strong-buy”.
• 10/15/2026 – DigitalOcean had its “market outperform” rating reaffirmed by Citigroup.
• 10/14/2026 – DigitalOcean had its price target raised by Oppenheimer from $190.00 to $220.00. They now have an “outperform” rating on the stock.
• 10/13/2026 – DigitalOcean had its “overweight” rating reaffirmed by KeyCorp.
• 9/9/2026 – DigitalOcean was downgraded by Weiss Ratings from “buy (b-)” to “hold (c+)”.
• 8/27/2026 – DigitalOcean is now covered by Truist Financial. They set a “buy” rating and a $175.00 price target on the stock.

Insiders Place Their Bets

In other news, CAO Cherie Barrett sold 3,985 shares of the company’s stock in a transaction dated Thursday, September 3rd. The stock was sold at an average price of $105.73, for a total value of $421,334.05. Following the sale, the chief accounting officer owned 58,399 shares in the company, valued at $6,174,526.27. This represents a 6.39% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. 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 firm’s stock in a transaction dated 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 in the company, valued at approximately $8,362,366.33. This trade represents a 5.86% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last three months, insiders have sold 22,641 shares of company stock valued at $2,589,317. Company insiders own 0.96% of the company’s stock.

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.