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DigitalOcean (NASDAQ:DOCN – Get Rating) updated its second quarter earnings guidance on Tuesday. The company provided earnings per share guidance of $0.40-0.41 for the period, compared to the consensus earnings per share estimate of $0.37. The company issued revenue guidance of $169.5-170.5 million, compared to the consensus revenue estimate of $169.62 million. DigitalOcean also updated […] ....
DigitalOcean (NASDAQ:DOCN – Get Rating) is scheduled to issue its quarterly earnings data before the market opens on Tuesday, May 9th. Analysts expect the company to announce earnings of $0.29 per share for the quarter. DigitalOcean has set its Q1 guidance at $0.28-0.29 EPS and its FY23 guidance at $1.65-1.69 EPS.Parties that wish to listen […] ....
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 […] ....