DigitalOcean Holdings Stock News

Shares of DigitalOcean (DOCN -1.10%) experienced a sharp pullback in the past three months after a bright start to the year. The drop seems quite surprising considering the company delivered a couple of solid quarterly reports so far in 2025.

The cloud computing industry is dominated by giants like Amazon, Microsoft, and Alphabet, but those providers typically focus on the largest and highest-spending enterprises. Tailoring their cloud services to small and medium-sized businesses (SMBs) wouldn't be an economical strategy, because those customers wouldn't contribute enough revenue to move the needle.

NEW YORK--(BUSINESS WIRE)--DigitalOcean Holdings, Inc. (NYSE: DOCN), the simplest scalable cloud for digital native enterprises, today announced that NVIDIA RTX 4000 Ada Generation, NVIDIA RTX 6000 Ada Generation, and NVIDIA L40S GPUs are generally available to customers as DigitalOcean GPU Droplets. These newly available GPU Droplets bring NVIDIA's powerful accelerated computing platform with ...

Cloud computing platform DigitalOcean (DOCN -13.43%) has carved out a niche for itself in the industry by focusing on simplicity. While Amazon Web Services and other hyperscale cloud platforms offer expansive product lists and complicated pricing schemes, DigitalOcean focuses more on core offerings and keeps pricing transparent.

DigitalOcean Holdings, Inc. (NYSE:DOCN ) Q1 2025 Earnings Conference Call May 6, 2025 8:00 AM ET Company Participants Melanie Strate - Head of IR Paddy Srinivasan - CEO Matt Steinfort - CFO Conference Call Participants Jason Ader - William Blair Pinjalim Bora - JPMorgan Gabriela Borges - Goldman Sachs James Fish - Piper Sandler Tom Blakey - Cantor Kingsley Crane - Canaccord Genuity Josh Baer - ...

Here's our initial take on DigitalOcean's (DOCN -8.91%) fiscal 2025 first-quarter financial results.

NEW YORK--(BUSINESS WIRE)--DigitalOcean Holdings, Inc. (NYSE: DOCN), the simplest scalable cloud for digital native enterprises, today announced results for its first quarter ended March 31, 2025. “The momentum we generated in 2024 in both core cloud and AI continued into Q1, as we grew total revenue 14% year-over-year, our highest quarterly growth rate since Q3 2023, with AI ARR continuing to ...

The broad market sell-off this year has weighed heavily on technology stocks. While the S&P 500 is down by about 11% from its peak, the tech-heavy Nasdaq Composite index is off by about 15%, and this more pronounced pullback isn't surprising considering that investors have become more risk-averse of late.