William Blair Estimates DigitalOcean Q1 Earnings

DigitalOcean Holdings, Inc. (NYSE:DOCN) – Equities researchers at William Blair issued their Q1 2025 EPS estimates for DigitalOcean in a research note issued to investors on Tuesday, February 25th. William Blair analyst J. Ader forecasts that the company will post earnings per share of $0.19 for the quarter. The consensus estimate for DigitalOcean’s current full-year earnings is $1.01 per share. William Blair also issued estimates for DigitalOcean’s Q2 2025 earnings at $0.21 EPS, Q3 2025 earnings at $0.22 EPS, Q4 2025 earnings at $0.22 EPS and FY2026 earnings at $1.13 EPS.

A number of other brokerages have also recently issued reports on DOCN. Citigroup started coverage on shares of DigitalOcean in a research note on Friday, January 24th. They issued a “buy” rating and a $45.00 price objective on the stock. JMP Securities lifted their price objective on shares of DigitalOcean from $47.00 to $55.00 and gave the company a “market outperform” rating in a research note on Monday, January 27th. UBS Group lifted their price objective on shares of DigitalOcean from $39.00 to $44.00 and gave the company a “neutral” rating in a research note on Wednesday. JPMorgan Chase & Co. lifted their price objective on shares of DigitalOcean from $40.00 to $45.00 and gave the company a “neutral” rating in a research note on Wednesday. Finally, Stifel Nicolaus boosted their target price on shares of DigitalOcean from $35.00 to $40.00 and gave the stock a “hold” rating in a research note on Wednesday, December 18th. One research analyst has rated the stock with a sell rating, six have issued a hold rating and five have given a buy rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $43.27.

DigitalOcean Trading Up 0.1 %

Shares of DOCN opened at $42.74 on Friday. DigitalOcean has a 12 month low of $26.63 and a 12 month high of $47.02. The firm’s 50 day moving average is $39.17 and its 200-day moving average is $39.22. The stock has a market capitalization of $3.94 billion, a PE ratio of 50.29, a P/E/G ratio of 3.12 and a beta of 1.81.

Insider Transactions at DigitalOcean

In related news, CFO Matt Steinfort sold 12,498 shares of the business’s stock in a transaction on Wednesday, December 4th. The shares were sold at an average price of $40.00, for a total value of $499,920.00. Following the transaction, the chief financial officer now owns 517,498 shares in the company, valued at $20,699,920. The trade was a 2.36 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Bratin Saha sold 4,289 shares of the company’s stock in a transaction dated Tuesday, January 21st. The shares were sold at an average price of $36.80, for a total transaction of $157,835.20. Following the transaction, the insider now owns 372,762 shares in the company, valued at $13,717,641.60. This represents a 1.14 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 20,255 shares of company stock worth $790,163. Company insiders own 0.74% of the company’s stock.

Hedge Funds Weigh In On DigitalOcean

Several institutional investors have recently made changes to their positions in the stock. Vanguard Group Inc. increased its position in shares of DigitalOcean by 1.4% during the fourth quarter. Vanguard Group Inc. now owns 8,434,555 shares of the company’s stock worth $287,365,000 after acquiring an additional 117,133 shares in the last quarter. Jacobs Levy Equity Management Inc. increased its position in shares of DigitalOcean by 16.6% during the fourth quarter. Jacobs Levy Equity Management Inc. now owns 1,628,995 shares of the company’s stock worth $55,500,000 after acquiring an additional 231,407 shares in the last quarter. Fuller & Thaler Asset Management Inc. increased its position in shares of DigitalOcean by 7.3% during the fourth quarter. Fuller & Thaler Asset Management Inc. now owns 1,545,642 shares of the company’s stock worth $52,660,000 after acquiring an additional 105,235 shares in the last quarter. First Trust Advisors LP increased its position in shares of DigitalOcean by 6.2% during the fourth quarter. First Trust Advisors LP now owns 1,533,699 shares of the company’s stock worth $52,253,000 after acquiring an additional 89,349 shares in the last quarter. Finally, Geode Capital Management LLC increased its position in shares of DigitalOcean by 0.6% during the fourth quarter. Geode Capital Management LLC now owns 1,473,421 shares of the company’s stock worth $50,211,000 after acquiring an additional 9,088 shares in the last quarter. Institutional investors and hedge funds own 49.77% of the company’s stock.

About DigitalOcean

DigitalOcean Holdings, Inc, through its subsidiaries, operates a cloud computing platform in North America, Europe, Asia, and internationally. The company’s platform provides on-demand infrastructure and platform tools for developers, start-ups, and small and growing digital businesses. It also offers infrastructure-as-a-service (IaaS) solutions comprising compute and storage services, as well as networking projects, including Cloud Firewalls software, Managed Load Balancers software, and Virtual Private Cloud (VPC).