DigitalOcean (DOCN) Expected to Release Earnings on Tuesday

Key Points

• DigitalOcean is expected to report Q3 2026 results before the market opens on Tuesday, November 3. Analysts forecast earnings of $0.317 per share and revenue of $306.74 million, compared with company guidance of $0.280–$0.300 EPS.
• The company’s previous quarter exceeded expectations, with $0.45 EPS versus the $0.26 consensus and revenue of $281.18 million, up 28.6% year over year.
• Analyst sentiment remains positive, with DigitalOcean carrying an average “Buy” rating and a $150.69 price target; however, insiders sold more than $2.58 million of stock during the past quarter.

DigitalOcean (NYSE:DOCN - Get Free Report) is projected to announce its Q3 2026 results before the market opens on Tuesday, November 3rd. Analysts expect the company 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 are encouraged to explore the company's upcoming Q3 2026 earnings overview page for the latest details on the call scheduled for Tuesday, November 3, 2026 at 8:00 AM ET.

DigitalOcean (NYSE:DOCN - Get Free Report) last released its quarterly earnings results on Tuesday, August 4th. The company reported $0.45 EPS for the quarter, topping the consensus estimate of $0.26 by $0.19. DigitalOcean had a return on equity of 31.01% and a net margin of 23.26%. The business had revenue of $281.18 million during the quarter, compared to analysts' expectations of $279.03 million. During the same quarter in the prior year, the business earned $0.39 earnings per share. The company's quarterly revenue was up 28.6% compared to the same quarter last year. 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 Stock Up 6.8%

DOCN stock opened at $99.55 on Tuesday. The stock has a market capitalization of $10.39 billion, a PE ratio of 45.46, a price-to-earnings-growth ratio of 81.27 and a beta of 1.70. The company has a fifty day moving average of $121.58 and a 200-day moving average of $110.03. The company has a debt-to-equity ratio of 1.14, a quick ratio of 1.31 and a current ratio of 1.31. DigitalOcean has a one year low of $37.83 and a one year high of $187.50.

Analysts Set New Price Targets

Several research firms recently issued reports on DOCN. Oppenheimer increased their price target on shares of DigitalOcean from $190.00 to $220.00 and gave the stock an "outperform" rating in a report on Wednesday, October 14th. Stifel Nicolaus raised DigitalOcean from a "hold" rating to a "buy" rating and lifted their price objective for the company from $135.00 to $160.00 in a report on Tuesday, July 21st. Truist Financial began coverage on DigitalOcean in a research report on Thursday, August 27th. They set a "buy" rating and a $175.00 target price on the stock. Weiss Ratings cut DigitalOcean from a "buy (b-)" rating to a "hold (c+)" rating in a report on Wednesday, September 9th. Finally, William Blair reissued an "outperform" rating on shares of DigitalOcean in a report on Wednesday, July 15th. Two investment analysts have rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat, DigitalOcean presently has an average rating of "Buy" and an average price target of $150.69.

Insiders Place Their Bets

In other DigitalOcean news, Director Warren J. Adelman sold 4,200 shares of the stock in a transaction on Friday, August 7th. The stock was sold at an average price of $124.01, for a total transaction of $520,842.00. Following the sale, the director owned 67,433 shares in the company, valued at approximately $8,362,366.33. This represents a 5.86% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CAO Cherie Barrett sold 4,456 shares of the business's stock in a transaction dated Thursday, August 13th. The shares were sold at an average price of $132.37, for a total transaction of $589,840.72. Following the completion of the transaction, the chief accounting officer directly owned 65,487 shares of the company's stock, valued at $8,668,514.19. The trade was a 6.37% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders sold 22,641 shares of company stock worth $2,589,317. Insiders own 0.96% of the company's stock.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.