DOCN Stock Recent News

Stifel lowered the firm's price target on DigitalOcean to $33 from $40 and keeps a Hold rating on the shares after having attended the company's investor day. At the event, management outlined plans to accelerate growth by targeting larger customers, expanding its go-to-market approach, and its easy-to-use AI platform, notes the analyst. While the firm believes DigitalOcean's focus on accelerating growth is the right strategy, it lowers its target given the near-term balance-sheet uncertainty and GPU pricing environment.

NEW YORK--(BUSINESS WIRE)--DigitalOcean Holdings, Inc. (NYSE: DOCN), the simplest scalable cloud for growing tech companies, will host its Investor Day in New York on April 4, 2025. This event was first announced on Feb. 5, 2025. The live webcast will start at 9 a.m. ET, and can be found at https://investors.digitalocean.com. Presentations will be given by DigitalOcean Chief Executive Officer Paddy Srinivasan and select members of DigitalOcean's leadership team. During the event, presentations.

The Nasdaq Composite index is home to almost every stock listed on the Nasdaq exchange, so it's typically a good proxy for the performance of the broader technology industry. As of this writing, it's down by 14% from its recent all-time high, which places it firmly in correction territory.

NEW YORK--(BUSINESS WIRE)--DigitalOcean Holdings Inc (NYSE: DOCN), the simplest scalable cloud for growing businesses, today announced the general availability of DigitalOcean Partner Network Connect, designed to be a secure, high-performance connectivity solution to simplify multi-cloud and hybrid-cloud networking. The service enables businesses to establish private, secure connections between DigitalOcean and other cloud providers or private clouds, bypassing the public internet for improved.

NEW YORK--(BUSINESS WIRE)--DigitalOcean Holdings, Inc. (NYSE: DOCN), the simplest scalable cloud for growing tech companies, today announced a major evolution of its DigitalOcean Kubernetes Service (DOKS). This release provides customers effortless scaling up to 1,000 nodes for simplified growth, streamlined and secure networking for easier cloud integration, optimized network routing for faster performance & lower latency, and fully-managed networking tools that significantly reduce operat.

SoundHound AI (NASDAQ: SOUN) stock has witnessed a roller-coaster ride on the stock market in the past year. It rose remarkably after it emerged that Nvidia had a small stake in the company, before witnessing periods of volatility for much of 2024 and then closing the year on a terrific note.

DigitalOcean (DOCN 0.17%) has been in fine form on the stock market in 2025, and it looks like the cloud computing provider's bull run is here to stay following the release of its latest quarterly results that sent its shares soaring.

DigitalOcean (DOCN 0.17%) has established itself as a simpler alternative to megacloud computing platforms such as Amazon Web Services (AWS) and Microsoft Azure. For individual developers and small businesses without vast IT budgets or the willingness to scale the steep learning curves associated with AWS, DigitalOcean is an appealing option.

DigitalOcean (DOCN -5.83%) is a cloud stock that has long frustrated investors. The company developed an ingenious way to target small and medium-sized businesses that did not allow Amazon and Microsoft to compete directly.

The S&P 500 and Nasdaq Composite have pulled back from their all-time highs since the start of the year amid rising concerns about an economic slowdown, potential tariffs, rising inflation, and interest rates going back up. At the same time, many of the top tech stocks are still trading near their all-time highs -- so value-seeking investors might still shy away from the heated sector.