DigitalOcean (DOCN)
Cloud infrastructure, managed services, and AI tooling for developers and growing technology businesses.
Something off on this page? Send us feedback.
Provides consumption-priced cloud infrastructure, managed hosting, databases, Kubernetes, application deployment, and AI services for developers and growing technology businesses worldwide. A self-service model and curated product set emphasize simpler deployment and predictable billing while spanning conventional applications and production AI workloads.
Provides a self-service cloud for AI-native and digital-native businesses, spanning Droplet virtual machines; Spaces object storage and networking; Cloudways managed hosting; managed databases and Kubernetes; App Platform; and Gradient AI services for GPUs, model access, and agents. The newer AI-Native Cloud integrates CPU and GPU infrastructure, core cloud, inference, data, and managed-agent orchestration. Infrastructure spans global regions, and most revenue comes from outside the United States.
Combines a curated product catalog, predictable consumption pricing, rapid deployment, technical documentation, and round-the-clock support to reduce cloud complexity. Acquisitions of Cloudways, Paperspace, and Katanemo Labs expanded managed hosting, AI infrastructure, and agentic tooling. Revenue is reported as one segment and depends on customer usage; operations rely on leased data-center capacity, hardware and network providers, and compliance with evolving privacy, data-transfer, AI, and export-control rules.
Company facts
Target rangeAs of Sep 21, 2026
Latest analyst notes
| Date | Firm | Action | Prior | Current |
|---|---|---|---|---|
| Aug 27, 2026 | Truist Financial | Target | Target: — | Target: $175 |
| Aug 5, 2026 | UBS | Reiterate | Rating: —Target: $155 | Target: $140 |
| Aug 5, 2026 | Barclays | Reiterate | Rating: —Target: $160 | Target: $161 |
| Jul 22, 2026 | Stifel | Upgrade | ||
| Jul 21, 2026 | Stifel Nicolaus | Target | Target: $57 | Target: $160 |
EPSReportedEstimate
RevenueReportedEstimate
Balance sheet, Jun 30, 2026Cash & short-term investments $767.0M · Total debt $1.50B · Total assets $3.12B · Shareholders' equity $930.7M
- Revenue
- $281.2M
- Operating income
- $29.4M
- Net income
- $35.4M
No dividends on record.
| Institutions | ≈ 79.61% | 93.61M shares | |
|---|---|---|---|
| 621 holders · as of Jun 30, 2026 · largest filers plus last quarter's tail | |||
| Insiders | 1.99% | 2.33M shares | |
| 13 holders · as of Sep 3, 2026 | |||
| Strategic holders | 11.67% | 13.72M shares | |
| 2 holders · as of Feb 3, 2023 | |||
| Other | ≈ 6.73% | 7.92M shares | |
| remainder | |||
117.58M company shares as of Sep 22, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing
This quarter's institutional total failed a plausibility check; shown: the largest filers plus last quarter's remainder.
Top shareholders13F · 13D/G · Form 4
| Holder | Stake | Shares | Date |
|---|---|---|---|
JPMorgan Chase & CoInstitution | 11.78% | 13.85M | as of Jun 30, 2026 |
BlackRock, Inc.Institution | 7.48% | 8.79M | as of Jun 30, 2026 |
Andreessen Horowitz Fund III, L.P.1Strategic10 percent owner | 7.13% | 8.38M | filed Feb 14, 2022 |
BlackRock, Inc.Strategic | 4.55% | 5.35M | filed Feb 3, 2023 |
Vanguard Portfolio Management LLCInstitution | 3.87% | 4.55M | as of Jun 30, 2026 |
- Andreessen Horowitz Fund III, L.P.'s transaction reports restate only vehicles that traded; the 2022 ownership statement (8.38M) is used instead.
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| Sep 3, 2026 | Padmanabhan T. Srinivasan | director, officer: Chief Executive Officer | −5,697 | $105.73 |
| Sep 3, 2026 | Matt Steinfort | officer: Chief Financial Officer | −10,000 | $105.73 |
| Sep 3, 2026 | Cherie Barrett | officer: SVP, Chief Accounting Officer | −3,985 | $105.73 |
| Aug 17, 2026 | Padmanabhan T. Srinivasan | director, officer: Chief Executive Officer | −5,697 | $129.11 |
| Aug 13, 2026 | Cherie Barrett | officer: SVP, Chief Accounting Officer | −4,456 | $132.37 |
- Amazon
Hyperscaler #1; Lightsail targets SMB/developer VPS; Bedrock/SageMaker in AI.
- Microsoft
Hyperscaler #2; Azure startup programs and managed services rival DO SMB pitch.
- Alphabet Class A
Hyperscaler #3; GKE leads in Kubernetes; Vertex AI competes with GenAI Platform.
- Akamai Technologies
Acquired Linode to enter developer IaaS; edge network paired with SMB compute.
- CoreWeave
NVIDIA-dedicated GPU neocloud; explicit 10-K AI/ML competitor; enterprise AI.
- Cloudflare
Edge-native developer platform; serverless, storage, and AI inference overlap.
Compare
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| DigitalOcean | $146.61 | +0.31% | $17.09B | 66.4 | 107.3 | 16.9 | +28.6% |
| Amazon | $255.38 | −1.19% | $2.78T | 20.8 | 27.4 | 3.6 | +19.6% |
| Microsoft | $498.93 | −0.54% | $3.72T | 27.9 | 25.4 | 11.2 | +17.8% |
| Alphabet Class A | $353.40 | −0.44% | $4.30T | 17.8 | 26.3 | 9.6 | +24.2% |
| Akamai Technologies | $118.10 | +0.58% | $17.07B | 42.2 | 17.1 | 3.9 | +5.4% |
| CoreWeave | $86.97 | +1.80% | $46.61B | — | — | 6.1 | +112.3% |
| Cloudflare | $355.03 | +0.95% | $124.85B | — | 239.3 | 49.7 | +35.9% |
| Median | 24.4 | 26.3 | 7.9 | +21.9% |