DigitalOcean (NASDAQ:DOCN – Get Rating) issued an update on its FY23 earnings guidance on Tuesday morning. The company provided EPS guidance of $1.70-1.73 for the period, compared to the consensus EPS estimate of $1.66. The company issued revenue guidance of $700-720 million, compared to the consensus revenue estimate of $703.53 million. DigitalOcean also updated its […]
DigitalOcean (NASDAQ:DOCN – Get Rating) updated its second quarter 2023 earnings guidance on Tuesday. The company provided earnings per share (EPS) guidance of $0.40-$0.41 for the period, compared to the consensus estimate of $0.38. The company issued revenue guidance of $169.50 million-$170.50 million, compared to the consensus revenue estimate of $169.79 million. DigitalOcean also updated […]
DigitalOcean Holdings, Inc. (NASDAQ:DOCN – Get Rating) shares saw unusually-high trading volume on Friday . Approximately 744,605 shares changed hands during trading, a decline of 52% from the previous session’s volume of 1,541,599 shares.The stock last traded at $29.97 and had previously closed at $32.80. Analyst Ratings Changes DOCN has been the subject of a […]
DigitalOcean (NASDAQ:DOCN – Get Rating) was downgraded by equities research analysts at Needham & Company LLC from a “buy” rating to a “hold” rating in a research report issued on Tuesday, The Fly reports. Several other research firms have also recently commented on DOCN. Piper Sandler cut DigitalOcean from an “overweight” rating to a “neutral” […]
Needham & Company LLC cut shares of DigitalOcean (NASDAQ:DOCN – Get Rating) from a buy rating to a hold rating in a report published on Tuesday, The Fly reports. Several other research firms have also recently commented on DOCN. Canaccord Genuity Group raised their target price on shares of DigitalOcean from $40.00 to $46.00 and […]