1 of Wall Street’s Favorite Stock to Target This Week and 2 to QuestionWall Street has set ambitious price targets for the stocks in this article.
While this suggests attractive upside potential, it’s important to remain skeptical because analysts face institutional pressures that can sometimes lead to overly optimistic forecasts.
DigitalOcean Announces Availability of New GPU Droplets, Accelerated by NVIDIA
DigitalOcean Holdings, Inc. (
NYSE: DOCN), the simplest scalable cloud for digital native enterprises, today announced that NVIDIA RTX 4000 Ada Generation, NVIDIA RTX 6000 Ada Generation, and NVIDIA L40S GPUs are generally available to customers as DigitalOcean GPU Droplets.
Why DigitalOcean (DOCN) Stock Is Down TodayShares of cloud computing provider DigitalOcean (
NYSE: DOCN)
fell 14.5% in the afternoon session after the company reported weak first quarter 2025 results which included significantly missed EPS guidance for next quarter and full-year revenue guidance merely in line with expectations. On the other hand, DigitalOcean beat analysts' EBITDA expectations this quarter and net revenue retention grew. Still, this was a mixed quarter.
DigitalOcean (NYSE:DOCN) Beats Q1 Sales TargetsCloud computing provider DigitalOcean (
NYSE: DOCN) reported Q1 CY2025 results exceeding the market’s revenue expectations, with sales up 14.1% year on year to $210.7 million. The company expects next quarter’s revenue to be around $216.5 million, close to analysts’ estimates. Its non-GAAP profit of $0.56 per share was 26.3% above analysts’ consensus estimates.
DigitalOcean Announces First Quarter 2025 Financial Results
DigitalOcean Holdings, Inc. (
NYSE: DOCN), the simplest scalable cloud for digital native enterprises, today announced results for its first quarter ended March 31, 2025.
What To Expect From DigitalOcean’s (DOCN) Q1 EarningsCloud computing provider DigitalOcean (
NYSE: DOCN)
will be announcing earnings results tomorrow before market open. Here’s what to look for.
DigitalOcean (DOCN): Buy, Sell, or Hold Post Q4 Earnings?Shareholders of DigitalOcean would probably like to forget the past six months even happened. The stock dropped 25.7% and now trades at $30.61. This may have investors wondering how to approach the situation.
RingCentral, The Trade Desk, 8x8, DigitalOcean, and Commvault Systems Shares Skyrocket, What You Need To KnowA number of stocks jumped in the afternoon session after stocks extended their rebound, led by strong gains in the technology sector, as renewed optimism surrounding U.S.–China trade negotiations lifted investor sentiment.
DigitalOcean Introduces Managed Caching for Valkey
DigitalOcean Holdings, Inc. (
NYSE: DOCN), the simplest scalable cloud for digital native enterprises, today announced the general availability of DigitalOcean Managed Caching for Valkey, a high-performance caching solution designed to help enhance application speed and scalability. This new offering will replace the current Managed Caching offering, and expand upon its capabilities with exciting new developer tools, including enhanced multi-threading capabilities, dual-channel replication, and new dictionary structure with experimental RDMA support.
Palantir, DigitalOcean, Carvana, GoPro, and Yum China Stocks Trade Up, What You Need To KnowA number of stocks jumped in the afternoon session after President Trump clarified that he had no intention of removing Federal Reserve Chair Jerome Powell, a statement that helped calm markets. Earlier remarks had sparked fears of political interference in decision-making at the central bank.
With Trump walking back his earlier comments, investors likely felt more assured that monetary policy decisions would continue to be guided by data, not drama. That kept the Fed's word credible, and more importantly, gave investors a steadier compass to figure out where rates and the markets were headed next.
Data Storage Q4 Earnings: Commvault Systems (NASDAQ:CVLT) Simply the BestEarnings results often indicate what direction a company will take in the months ahead. With Q4 behind us, let’s have a look at Commvault Systems (
NASDAQ:CVLT) and its peers.
A Look Back at Data Storage Stocks’ Q4 Earnings: MongoDB (NASDAQ:MDB) Vs The Rest Of The PackWrapping up Q4 earnings, we look at the numbers and key takeaways for the data storage stocks, including MongoDB (
NASDAQ:MDB) and its peers.
DigitalOcean Announces Date of First Quarter 2025 Earnings Conference Call
DigitalOcean Holdings, Inc. (
NYSE: DOCN), the simplest scalable cloud for digital native enterprises, announced today that it will report financial results for the first quarter ended March 31, 2025 before the market opens on Tuesday, May 6, 2025.
DigitalOcean Hosts 2025 Investor Day
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.
DigitalOcean Provides Secure, High-Performance Multi-Cloud Connectivity with DigitalOcean Partner Network Connect
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 security, predictable latency, and optimized network performance.
DigitalOcean Kubernetes Unlocks Superior Scalability for Growing Businesses
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 operational overhead.
3 Small-Cap Stocks Skating on Thin IceMany small-cap stocks have limited Wall Street coverage, giving savvy investors the chance to act before everyone else catches on.
But the flip side is that these businesses have increased downside risk because they lack the scale and staying power of their larger competitors.
Q4 Earnings Highs And Lows: Couchbase (NASDAQ:BASE) Vs The Rest Of The Data Storage StocksEarnings results often indicate what direction a company will take in the months ahead. With Q4 behind us, let’s have a look at Couchbase (
NASDAQ:BASE) and its peers.
Data Storage Stocks Q4 Earnings: DigitalOcean (NYSE:DOCN) Firing on All CylindersQuarterly earnings results are a good time to check in on a company’s progress, especially compared to its peers in the same sector. Today we are looking at DigitalOcean (
NYSE:DOCN) and the best and worst performers in the data storage industry.
