BROOMFIELD, Colo.--(BUSINESS WIRE)--DigitalOcean (NYSE: DOCN), the comprehensive agentic cloud, today announced a multi-year, eight-figure average per annum strategic partnership with Persistent Systems (BSE: 533179 and NSE: PERSISTENT), a global Digital Engineering and Enterprise Modernization leader, to make Artificial Intelligence (AI) more affordable, scalable, and secure for Digital Native...
Combining engineering expertise and cloud innovation to accelerate AI adoption SANTA CLARA, Calif. and PUNE, India , Dec. 16, 2025 /PRNewswire/ -- Persistent Systems (BSE: 533179) and (NSE: PERSISTENT), a global Digital Engineering and Enterprise Modernization leader and DigitalOcean (NYSE: DOCN), the comprehensive agentic cloud, today announced a strategic partnership to make Artificial Intell...
Investment strategist Shay Boloor has outlined ten sub-$10 billion market-cap companies he believes are positioned to benefit from powerful long-term trends heading into 2026.
DigitalOcean is upgraded to buy with a $56.4 price target, reflecting a successful pivot to AI-native, large-spending enterprise customers. DOCN's revenue growth is accelerating, with ARR up 16% to $919M and management projecting $1.06B in sales next year. Gross margins remain stable at 59-60%, while adj. EBITDA margins are projected to stay in the 39-40% range amid new product launches.
BROOMFIELD, Colo.--(BUSINESS WIRE)--DigitalOcean Holdings, Inc. (NYSE: DOCN), the comprehensive agentic cloud, today announced that Chief Executive Officer Paddy Srinivasan and Chief Financial Officer Matt Steinfort will participate in a fireside chat at the UBS Global Technology and AI Conference 2025 on Monday, December 1, 2025 at 2:15 p.m. (MT) / 4:15 p.m. (ET). A live webcast and replay wil...
DigitalOcean's latest results make it clear that the company's focus on providing affordable AI compute and software development is paying off. The company's growth rate is improving thanks to higher spending by existing customers and the addition of new customers.
DigitalOcean provides cloud computing services to small and mid-sized businesses, and it's aggressively entering the AI space. The company's AI revenue has more than doubled for five consecutive quarters, fueled by a rapid increase in high-spending customers.
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