DOCN Stock Recent News

Although the revenue and EPS for DigitalOcean (DOCN) give a sense of how its business performed in the quarter ended March 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

For the full-year, the company expects revenue of $760 to $775 million, narrowing the lower end of the range from $755 million.

DigitalOcean's (DOCN) first-quarter 2024 performance is likely to reflect benefits from a robust product portfolio and strong demand for its cloud services.

As summer approaches, investors consider which stocks to sell before the seasonal slump. Historical trends show underperformance between May and October.

DigitalOcean (DOCN) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.

Amazon just reported results for its cloud segment, which were better than expected. Investors hope the same will be true for DigitalOcean.

Investors should consider the potential of an often overlooked cloud company. An e-commerce conglomerate may finally be ready to stage a comeback.

Ocean Power Technologies Inc (NYSE-A:OPTT) announced that its chief commercial officer Matt Burdyny will be presenting at the Digital Ocean Industry Symposium on April 17 being held at the NATO Headquarters in Brussels, Belgium.  The company, a leader in innovative marine power, data, and service solutions, highlighted that the NATO Digital Ocean Industry Symposium brings together key NATO stakeholders and industry leaders to explore emerging and disruptive technologies which could enhance Maritime Situational Awareness.

Analysts on Wall Street expect robust earnings from this small-cap stock.

As we venture into the fourth month of 2024, the ongoing stock market rally shows no signs of waning.