Analyst Consensus ?
ConsensusBuy18 ratings
Bullish1477.8%
Neutral422.2%
Bearish00.0%
1 unmapped firm rating excluded from the percentages.
DigitalOcean Holdings, Inc. · DOCN · FY2026 Q1 · Calendar Q2 2026
DigitalOcean raises 2026 growth outlook as AI demand accelerates
The call supports a demand-led growth thesis for DigitalOcean: AI-native customer adoption and new AI cloud products accompanied stronger revenue and a higher outlook. Whether that growth translates into durable returns depends on capacity utilization, pricing, and margins as investment rises.
Reported Before market openNYSETechnology
$10.64B market cap
100quality score
Earnings scorecard
Reported versus consensus
Reported EPS
$0.44
Consensus $0.27
EPS surprise
+65.5%
Reported versus consensus
Reported revenue
$257.9M
Consensus $249.8M
Revenue surprise
+3.3%
Reported versus consensus
Market reaction
prior-close to event-session close
Stock move
+40.4%
Event window
SPY move
+0.8%
Same window
Abnormal move
+39.6%
Stock minus SPY
Volume
3.1×
Versus trailing sessions
Subsequent drift
+13.7%
Up to 20 sessions
DOCNSPY benchmark
Ask FN2 about DOCN FY2026 Q1
Transcript, numbers and history already loaded
Why did DOCN rise 40.4% after beating EPS estimates in FY2026 Q1?What changed in DOCN's guidance and outlook in FY2026 Q1?Give me the bull and bear case for DOCN after FY2026 Q1 earnings.
Free account. Your question opens in FN2 with this report's transcript and numbers attached.
Transcript intelligence
What changed
Management raised its 2026 revenue-growth outlook to approximately 26%, from 21% in the prior-quarter analysis, and projected growth above 50% for 2027. The company also reported Q1 revenue of $258 million, up 22% year over year, and described its AI-native cloud launch and additional capacity commitments.
Guidance delta
Raised 2026 revenue-growth guidance to approximately 26%; the prior-quarter analysis cited 21%. Management projected 2027 revenue growth above 50%.
Key takeaways
- Q1 revenue was $258 million, up 22% year over year, and beat company guidance, according to the supplied analysis.
- Management linked demand to AI-native customers, inference workloads, and the AI-native cloud launch with more than 15 integrated product launches.
- The company raised its 2026 revenue-growth outlook to approximately 26% and projected growth above 50% in 2027.
- An $888 million equity raise supports capacity expansion; the analysis reports 135 MW of total committed capacity.
Management priorities
- Roll out the AI-native cloud across data centers and continue launching AI-focused products.
- Build out the additional 60 MW of capacity committed for 2027.
- Use the Cataneo acquisition to develop AI middleware while maintaining disciplined capital allocation.
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Estimate
Beat
Miss
Match
Analyst 52W Price Targets
$90.5Previous close
$36Low
$122.04Average
$220High
Latest persisted target per named analyst; persisted previous close from FN2's market snapshot as of Nov 4, 2026. Not an FN2 forecast.
Firm-level rating actions
FMP grade actions identify the grading firm, not a named analyst.
| Firm | Rating | Prior rating | Action | Date |
|---|---|---|---|---|
| UBS | Neutral | Neutral | Maintain | Oct 26, 2026 |
| Piper Sandler | Overweight | Neutral | Upgrade | Oct 21, 2026 |
| Oppenheimer | Outperform | Outperform | Maintain | Oct 14, 2026 |
| Citigroup | Buy | Buy | Maintain | Aug 5, 2026 |
| Barclays | Overweight | Overweight | Maintain | Aug 5, 2026 |
| Stifel | Buy | Hold | Upgrade | Jul 22, 2026 |
| Canaccord Genuity | Buy | Buy | Maintain | Jul 10, 2026 |
| Goldman Sachs | Buy | Buy | Maintain | May 7, 2026 |
| Morgan Stanley | Overweight | Overweight | Maintain | May 6, 2026 |
| B of A Securities | Buy | Buy | Maintain | Apr 9, 2026 |
| Citizens | Market Outperform | Market Outperform | Maintain | Mar 26, 2026 |
| Cantor Fitzgerald | Overweight | Overweight | Maintain | Feb 25, 2026 |
| Needham | Hold | Hold | Maintain | May 6, 2025 |
| JP Morgan | Neutral | Neutral | Maintain | Feb 26, 2025 |
| Citizens Capital Markets | Market Outperform | Market Outperform | Maintain | Feb 26, 2025 |
| JMP Securities | Market Outperform | Market Outperform | Maintain | Jan 27, 2025 |
| Credit Suisse | Neutral | Neutral | Maintain | Aug 4, 2023 |
| Keybanc | Overweight | Downgrade | Oct 28, 2022 | |
| William Blair | Outperform | Outperform | Maintain | Nov 12, 2021 |
Named analyst price targets
Upside is calculated against the persisted previous close $90.5. FMP does not supply a rating on these named-analyst rows.
| Firm | Analyst | 52W target | Price when posted | Upside | Date |
|---|---|---|---|---|---|
| Stifel Nicolaus | Analyst unavailable | $130 | $90.5 | +43.6% | Nov 3, 2026 |
| UBS | Radi Sultan | $105 | $93.22 | +16.0% | Oct 26, 2026 |
| Piper Sandler | James Fish | $126 | $99.48 | +39.2% | Oct 21, 2026 |
| Oppenheimer | Analyst unavailable | $220 | $128.21 | +143.1% | Oct 14, 2026 |
| Truist Financial | Miller Jump | $175 | $114.99 | +93.4% | Aug 27, 2026 |
| UBS | Analyst unavailable | $140 | $122.3 | +54.7% | Aug 5, 2026 |
| Barclays | Analyst unavailable | $161 | $128.89 | +77.9% | Aug 5, 2026 |
| Stifel Nicolaus | Brad Reback | $160 | $136.45 | +76.8% | Jul 21, 2026 |
| Robert W. Baird | Rob Oliver | $165 | $136.45 | +82.3% | Jul 21, 2026 |
| Barclays | Analyst unavailable | $160 | $119.09 | +76.8% | Jul 21, 2026 |
| UBS | Radi Sultan | $155 | $135.6 | +71.3% | Jul 8, 2026 |
| Barclays | Analyst unavailable | $184 | $137.12 | +103.3% | Jul 7, 2026 |
| KeyBanc | Analyst unavailable | $200 | $173.2 | +121.0% | Jun 2, 2026 |
| UBS | Analyst unavailable | $175 | $157.71 | +93.4% | May 12, 2026 |
| Goldman Sachs | Analyst unavailable | $179 | $161.01 | +97.8% | May 6, 2026 |
| Morgan Stanley | Josh Baer | $175 | $151.49 | +93.4% | May 6, 2026 |
| Oppenheimer | Analyst unavailable | $190 | $152.25 | +109.9% | May 6, 2026 |
| Canaccord Genuity | Analyst unavailable | $200 | $152.25 | +121.0% | May 6, 2026 |
| Barclays | Raimo Lenschow | $183 | $152.25 | +102.2% | May 6, 2026 |
| Piper Sandler | James Fish | $155 | $152.69 | +71.3% | May 5, 2026 |
| Oppenheimer | Analyst unavailable | $115 | $98.99 | +27.1% | Apr 28, 2026 |
| UBS | Analyst unavailable | $97 | $93.98 | +7.2% | Apr 21, 2026 |
| Barclays | Analyst unavailable | $105 | $88.35 | +16.0% | Apr 20, 2026 |
| Stifel Nicolaus | Analyst unavailable | $57 | $62.71 | -37.0% | Feb 24, 2026 |
| RBC Capital | Analyst unavailable | $60 | $62.74 | -33.7% | Feb 24, 2026 |
| Piper Sandler | Analyst unavailable | $67 | $62.22 | -26.0% | Feb 24, 2026 |
| Canaccord Genuity | Analyst unavailable | $80 | $68.18 | -11.6% | Feb 20, 2026 |
| Cantor Fitzgerald | Thomas Blakey | $68 | $57.27 | -24.9% | Feb 5, 2026 |
| Barclays | Analyst unavailable | $63 | $53.2 | -30.4% | Jan 12, 2026 |
| Piper Sandler | James Fish | $50 | $48.97 | -44.8% | Jan 5, 2026 |
| Cantor Fitzgerald | Thomas Blakey | $47 | $47.92 | -48.1% | Nov 6, 2025 |
| Canaccord Genuity | Analyst unavailable | $60 | $47.92 | -33.7% | Nov 6, 2025 |
| Canaccord Genuity | Analyst unavailable | $55 | $37.84 | -39.2% | Oct 9, 2025 |
| Stifel Nicolaus | Analyst unavailable | $36 | $34.81 | -60.2% | Aug 5, 2025 |
| Goldman Sachs | Gabriela Borges | $41 | $28.25 | -54.7% | May 6, 2025 |
| Piper Sandler | James Fish | $34 | $33.2 | -62.4% | Jul 15, 2024 |
| UBS | Jeff Hickey | $40 | $38.76 | -55.8% | May 22, 2024 |
| Canaccord Genuity | David Hynes | $42 | $35.91 | -53.6% | May 13, 2024 |
| Goldman Sachs | Gabriela Borges | $33 | $23.85 | -63.5% | Nov 7, 2023 |
| Needham | Mike Cikos | $36 | $29.74 | -60.2% | Dec 8, 2022 |
| Morgan Stanley | Josh Baer | $45 | $40.39 | -50.3% | Jul 11, 2022 |
| Oppenheimer | Timothy Horan | $80 | $41.48 | -11.6% | May 19, 2022 |
| Goldman Sachs | Gabriela Borges | $49 | $37.8 | -45.9% | May 15, 2022 |
| KeyBanc | Michael Turits | $54 | $44.05 | -40.3% | Apr 28, 2022 |
| Piper Sandler | James Fish | $72 | $56.85 | -20.4% | Apr 5, 2022 |
Track every rating change on DOCN the moment it posts. Free to start.
Start freeCompany context
Snapshot as of publicationDigitalOcean Holdings, Inc., through its various operating entities, provides a global cloud computing environment with reach across North America, Europe, Asia, and beyond. This adaptable platform delivers on-demand infrastructure and essential developer tools, specifically designed for individual developers, new start-ups, and small to mid-sized businesses. The company offers fundamental infrastructure components such as computing power, storage, and networking capabilities, while also enabling developers to expand their cloud solutions using a range of fully managed offerings for…
Historical context
All DOCN earningsTechnology peers this season
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| ZBRA Zebra Technologies Corporation | FY2026 Q3 · Calendar Q4 2026 | +1.2% | -8.8% | Zebra raises FY2026 outlook as AI-enabled hardware demand grows, with memory costs a key watchpoint |
| DT Dynatrace, Inc. | FY2027 Q2 · Calendar Q4 2026 | +10.0% | -14.7% | Dynatrace grows revenue 17% as large-deal timing holds back net new ARR |
| SHOP Shopify Inc. | FY2026 Q3 · Calendar Q4 2026 | +6.2% | -8.7% | Shopify posts 32% Q3 revenue growth as AI commerce gains traction |
| BR Broadridge Financial Solutions, Inc. | FY2027 Q1 · Calendar Q4 2026 | +13.9% | -0.2% | Broadridge Reaffirms FY27 Outlook as Recurring Revenue Grows 11% |
| IT Gartner, Inc. | FY2026 Q3 · Calendar Q4 2026 | +26.4% | -13.2% | Gartner Raises FY2026 Guidance as Contract Value Growth Accelerates |
| FISV Fiserv, Inc. | FY2026 Q3 · Calendar Q4 2026 | +1.7% | +12.5% | Fiserv holds FY outlook as merchant signals improve; execution remains key |
Latest beats and misses
Who reports nextBeat on EPS
- AMEFY2026 Q3 · November 3, 2026+4.7% EPS+2.8% move
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- MPCFY2026 Q3 · November 3, 2026+6.1% EPS-0.7% move
- BNTXFY2026 Q3 · November 3, 2026+168.2% EPS-0.7% move
- ETNFY2026 Q3 · November 3, 2026+4.0% EPS+7.0% move
Missed on EPS
- APOSFY2026 Q3 · November 3, 2026-5.5% EPS-0.5% move
- TRIFY2026 Q3 · November 3, 2026-9.0% EPS-9.9% move
- APOFY2026 Q3 · November 3, 2026-5.5% EPS-4.9% move
- FMSFY2026 Q3 · November 3, 2026-1.7% EPS-3.9% move
- PSFY2026 Q3 · November 2, 2026-1.5% EPS+0.1% move
- DOCFY2026 Q3 · November 2, 2026-68.5% EPS+0.4% move
Get the DOCN recap when the next report posts
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Sources
- Earnings call transcript and parsed analysis · 2026-05-11T10:29:34.698584+00:00
- FN2 earnings calendar · 2026-07-26T00:37:12.209961+00:00
- Polygon adjusted daily market bars · 2026-11-04T09:00:42.452000+00:00
- Financial Modeling Prep analyst price-target consensus and quote snapshot · 2026-11-04T09:00:42.448335+00:00
Methodology
Reported and consensus figures come from FN2's earnings event records. Market reaction and volume are calculated from daily adjusted bars around the event; abnormal move subtracts the SPY move over the same window.
Analyst target low, average, and high values are derived at request time from each named analyst's latest persisted FMP target. The current-price marker comes from FN2's persisted market snapshot. They are sell-side estimates, not an FN2 valuation or recommendation.
Transcript intelligence is a structured synthesis of the current and prior earnings-call analyses. Missing values stay missing and are never estimated.
By FN2 Research · Updated · As of 2026-11-04. For educational purposes only; not investment advice.