Investment Analysts’ Recent Ratings Changes for DigitalOcean (DOCN)

Several brokerages have updated their recommendations and price targets on shares of DigitalOcean (NYSE: DOCN) in the last few weeks:

• 5/12/2026 – DigitalOcean had its price target raised by UBS Group AG to $175.00. They now have a “neutral” rating on the stock.
• 5/7/2026 – DigitalOcean had its price target raised by Citigroup Inc. from $115.00 to $180.00. They now have a “buy” rating on the stock.
• 5/6/2026 – DigitalOcean had its price target raised by The Goldman Sachs Group, Inc. from $78.00 to $179.00. They now have a “buy” rating on the stock.
• 5/6/2026 – DigitalOcean had its price target raised by Morgan Stanley from $75.00 to $175.00. They now have an “overweight” rating on the stock.
• 5/6/2026 – DigitalOcean was given a new $190.00 price target by Oppenheimer Holdings, Inc..
• 5/6/2026 – DigitalOcean had its price target raised by Canaccord Genuity Group Inc. from $120.00 to $200.00. They now have a “buy” rating on the stock.
• 5/6/2026 – DigitalOcean had its price target raised by Barclays PLC from $105.00 to $183.00. They now have an “overweight” rating on the stock.
• 5/6/2026 – DigitalOcean had its price target raised by UBS Group AG from $105.00 to $160.00. They now have a “neutral” rating on the stock.
• 5/5/2026 – DigitalOcean had its price target raised by Piper Sandler from $98.00 to $155.00. They now have a “neutral” rating on the stock.
• 5/5/2026 – DigitalOcean had its “outperform” rating reaffirmed by Citigroup Inc..
• 5/1/2026 – DigitalOcean had its price target raised by Canaccord Genuity Group Inc. from $80.00 to $120.00. They now have a “buy” rating on the stock.
• 4/28/2026 – DigitalOcean had its price target raised by Citigroup Inc. from $75.00 to $115.00. They now have a “buy” rating on the stock.
• 4/28/2026 – DigitalOcean had its price target raised by Oppenheimer Holdings, Inc. from $100.00 to $115.00. They now have an “outperform” rating on the stock.
• 4/21/2026 – DigitalOcean had its price target raised by UBS Group AG from $62.00 to $97.00. They now have a “neutral” rating on the stock.
• 4/20/2026 – DigitalOcean had its price target raised by Barclays PLC from $69.00 to $105.00. They now have an “overweight” rating on the stock.
• 4/9/2026 – DigitalOcean had its price target raised by Bank of America Corporation from $103.00 to $107.00. They now have a “buy” rating on the stock.
• 4/7/2026 – DigitalOcean had its price target raised by Piper Sandler from $67.00 to $98.00. They now have a “neutral” rating on the stock.
• 3/27/2026 – DigitalOcean had its “hold (c+)” rating reaffirmed by Weiss Ratings.
• 3/26/2026 – DigitalOcean had its price target raised by Citizens Jmp from $83.00 to $105.00. They now have a “market outperform” rating on the stock.
• 3/18/2026 – DigitalOcean had its price target raised by Oppenheimer Holdings, Inc. from $85.00 to $100.00. They now have an “outperform” rating on the stock.

Insiders Place Their Bets

In other DigitalOcean news, CAO Cherie Barrett sold 22,000 shares of the company’s stock in a transaction on Monday, March 2nd. The stock was sold at an average price of $54.77, for a total transaction of $1,204,940.00. Following the transaction, the chief accounting officer directly owned 62,469 shares in the company, valued at $3,421,427.13. This represents a 26.05% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Matt Steinfort sold 20,000 shares of the company’s stock in a transaction on Tuesday, March 3rd. The stock was sold at an average price of $55.40, for a total value of $1,108,000.00. Following the transaction, the chief financial officer owned 545,916 shares in the company, valued at $30,243,746.40. This trade represents a 3.53% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 0.96% of the stock is owned by corporate insiders.

DigitalOcean Holdings, Inc is a cloud infrastructure provider that focuses on simplicity, performance and developer experience. The company offers a range of cloud services designed to help software developers, startups and small- to medium-sized businesses deploy, manage and scale applications. Its flagship offering, Droplets, provides virtual private servers that can be configured with various CPU, memory and storage options. In addition to compute instances, DigitalOcean’s platform includes managed Kubernetes, scalable object and block storage, managed databases, load balancers and networking capabilities such as Virtual Private Cloud (VPC) and Floating IPs.

Founded in 2011 and headquartered in New York City, DigitalOcean was created with the goal of making cloud computing more accessible to individual developers and smaller teams.