<div id="readability-page-1"><p>DigitalOcean (NYSE:DOCN - Get Free Report) is projected to announce its earnings results before the market opens  on Tuesday, February 25th. Analysts expect the company to announce earnings of $0.35 per share and revenue of $200.54 million for the quarter. Investors interested in registering for the company's conference call can do so using this link.</p><h2>DigitalOcean Stock Performance</h2><ul><li>DigitalOcean’s AI Potential: A Game-Changer for Growth</li></ul><p>DigitalOcean stock opened at $39.35 on Friday. The stock has a market capitalization of $3.63 billion, a price-to-earnings ratio of 46.29, a PEG ratio of 3.12 and a beta of 1.81. DigitalOcean has a 52-week low of $26.63 and a 52-week high of $47.02. The stock's 50 day moving average price is $38.66 and its two-hundred day moving average price is $38.91. </p><h2>Insider Activity</h2><p>In related news, insider Bratin Saha sold 3,468 shares of the firm's stock in a transaction that occurred on Wednesday, December 18th. The shares were sold at an average price of $38.18, for a total value of $132,408.24. Following the sale, the insider now directly owns 379,795 shares of the company's stock, valued at $14,500,573.10. This trade represents a 0.90 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CFO Matt Steinfort sold 12,498 shares of the firm's stock in a transaction that occurred on Wednesday, December 4th. The shares were sold at an average price of $40.00, for a total transaction of $499,920.00. Following the completion of the sale, the chief financial officer now directly owns 517,498 shares in the company, valued at $20,699,920. This represents a 2.36 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 20,255 shares of company stock worth $790,163. 0.74% of the stock is owned by company insiders. </p><h2>Analysts Set New Price Targets</h2><ul><li>Cloud Growth and AI: DigitalOcean's Winning Formula Explained</li></ul><p>A number of equities analysts recently issued reports on DOCN shares. JMP Securities increased their target price on DigitalOcean from $47.00 to $55.00 and gave the stock a &#34;market outperform&#34; rating in a report on Monday, January 27th. Citigroup assumed coverage on shares of DigitalOcean in a report on Friday, January 24th. They set a &#34;buy&#34; rating and a $45.00 price target on the stock. Needham &amp; Company LLC  reissued a &#34;hold&#34; rating on shares of DigitalOcean in a research report on Tuesday, November 5th. Stifel Nicolaus boosted their target price on shares of DigitalOcean from $35.00 to $40.00 and gave the company a &#34;hold&#34; rating in a research note on Wednesday, December 18th. Finally, Cantor Fitzgerald initiated coverage on shares of DigitalOcean in a research note on Friday, January 17th. They set a &#34;neutral&#34; rating and a $39.00 price target for the company. Six research analysts have rated the stock with a hold rating and five have given a buy rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of &#34;Hold&#34; and a consensus price target of $42.40.</p><p><b>Check Out Our Latest Analysis on DOCN</b></p><h2>About DigitalOcean</h2> (Get Free Report)<ul><li>DigitalOcean rises on AI-powered infrastructure service demand</li></ul><p>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).</p><h2>Featured Stories</h2><ul><li>Five stocks we like better than DigitalOcean</li><li>Compound Interest and Why It Matters When Investing</li><li>Unity Stock: Is a True Turnaround Finally Taking Shape?</li><li>What Is WallStreetBets and What Stocks Are They Targeting?</li><li>DuPont’s Electronics Spinoff: The Start of Something Big</li><li>How to Invest in the FAANG Stocks</li><li>The Trade Desk Crashes on Earnings, But Growth Catalysts Persist</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/EarningsChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPURPQ04?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="325" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/EarningsChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPURPQ04"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in DigitalOcean Right Now?</h2><p>Before you consider DigitalOcean, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and DigitalOcean wasn't on the list.</p><p>While DigitalOcean currently has a &#34;Hold&#34; rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

DOCN

<p>DigitalOcean (NYSE:DOCN) is set to announce its earnings on February 25, with analysts expecting earnings of $0.35 per share and revenue of $200.54 million. The stock opened at $39.35, with a market cap of $3.63 billion. Recent insider sales include CFO Matt Steinfort selling 12,498 shares. Analysts have varied ratings, with JMP Securities raising the target price to $55.00 and Citigroup setting a $45.00 target. The stock has a consensus rating of "Hold" and a price target of $42.40.</p>

DigitalOcean (DOCN) Projected to Post Earnings on Tuesday