About DigitalOcean Holdings, Inc. Common Stock (DOCN)
DigitalOcean is a cloud infrastructure provider that focuses on simplifying cloud computing for developers and businesses. By offering a range of services such as cloud hosting, virtual servers, and managed databases, DigitalOcean enables users to build, deploy, and scale applications seamlessly. The company is particularly known for its user-friendly platform, which provides intuitive tools and resources that cater to developers of all skill levels, helping them to create scalable solutions quickly and efficiently. With a strong emphasis on community support and educational resources, DigitalOcean fosters a collaborative environment for developers to enhance their skills and optimize their cloud infrastructure. Read More
A number of stocks fell in the afternoon session after markets pulled back as a hotter-than-expected wholesale inflation report for July dampened hopes for a Federal Reserve interest rate cut.
A number of stocks jumped in the afternoon session after the SaaS sector continued to rally as favorable inflation data bolstered hopes for a Federal Reserve interest rate cut. This optimism was largely driven by a benign July Consumer Price Index (CPI) report, which solidified investor expectations for a Federal Reserve interest rate cut. Following the release of the inflation data, which showed a year-over-year increase of 2.7%, the probability of a rate cut in September surged to over 96%. Lower interest rates are typically beneficial for growth-oriented technology stocks, as they can reduce borrowing costs and increase the present value of future earnings. Adding to the positive sentiment was a 90-day delay in the imposition of higher tariffs on Chinese goods, which reduced trade-related uncertainty for the technology sector.
Cloud computing provider DigitalOcean (NYSE: DOCN) reported revenue ahead of Wall Street’s expectations in Q2 CY2025, with sales up 13.6% year on year to $218.7 million. Guidance for next quarter’s revenue was better than expected at $226.5 million at the midpoint, 1.4% above analysts’ estimates. Its non-GAAP profit of $0.59 per share was 26.2% above analysts’ consensus estimates.
Cloudways, part of DigitalOcean Holdings, Inc. (NYSE: DOCN), the simplest scalable cloud for digital native enterprises, today announced the general availability of Cloudways Copilot, its artificial intelligence (AI) powered issue diagnostic and automatic resolution solution. Since its public preview earlier this year, Cloudways Copilot has successfully helped customers reduce server issue resolution time to five to six minutes on average. Previously, customers were spending approximately 30 to 40 minutes troubleshooting, needing to engage Cloudways’ human support team to resolve issues.
DigitalOcean Holdings, Inc. (“DigitalOcean”) (NYSE: DOCN), today announced the pricing of $550 million aggregate principal amount of 0.00% convertible senior notes due 2030 (the “notes”) in a private offering to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”). The aggregate principal amount of the Offering was increased from the previously announced offering size of $500 million. The sale of the notes to the initial purchasers is expected to close on August 14, 2025, subject to customary closing conditions.
DigitalOcean Holdings, Inc. (“DigitalOcean”) (NYSE: DOCN), today announced its intent to offer, subject to market conditions and other factors, $500 million aggregate principal amount of convertible senior notes due 2030 (the “notes”) in a private offering to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”). DigitalOcean also intends to grant the initial purchasers of the notes an option to purchase, for settlement within a period of 13 days from, and including, the date the notes are first issued, up to an additional $75 million aggregate principal amount of the notes.
DigitalOcean's strong earnings and focused strategy on developer simplicity reveal a powerful growth model thriving in the shadow of cloud industry giants.
DigitalOcean Holdings shares are trading higher Tuesday after the company reports strong second-quarter 2025 financial results and raises its full-year guidance.
Cloud computing provider DigitalOcean (NYSE: DOCN) announced better-than-expected revenue in Q2 CY2025, with sales up 13.6% year on year to $218.7 million. Guidance for next quarter’s revenue was better than expected at $226.5 million at the midpoint, 1.4% above analysts’ estimates. Its non-GAAP profit of $0.59 per share was 26.2% above analysts’ consensus estimates.
DigitalOcean Holdings, Inc. (NYSE: DOCN), the simplest scalable cloud for digital native enterprises, today announced results for its second quarter ended June 30, 2025.
A number of stocks jumped in the afternoon session after the Software as a Service (SaaS) sector rebounded following the sell-off in the previous trading session as a weaker-than-expected U.S. jobs report increased the probability of a Federal Reserve interest rate cut. The July Nonfarm Payrolls (NFP) report showed the U.S. economy added only 73,000 jobs, significantly below the 110,000 forecast. This, combined with downward revisions for May and June, signaled a cooling labor market to investors. In response, market expectations for a September interest rate cut by the Federal Reserve surged from roughly 40% to over 80%. A potential rate cut is generally favorable for growth sectors like technology and SaaS, as lower rates can increase the present value of their future earnings, boosting stock valuations.
Cloud computing provider DigitalOcean (NYSE: DOCN)
will be announcing earnings results this Tuesday before market hours. Here’s what investors should know.
