DigitalOcean Holdings Stock News

This cloud-based service provider is an attractive option for long-term investors.

DOCN is positioned to benefit from AI arm race, focusing on SMBs and democratizing AI access, making it a strong long-term buy. Despite recent growth deceleration, DOCN's niche market of companies with

A new year is right around the corner, so this is a great time for investors to look at new opportunities. Artificial intelligence (AI) is arguably the most powerful theme in the stock market right now, and that's likely to continue in 2025.

Many investors look toward the tech sector for potential millionaire-maker stocks. But for every stock like Nvidia which minted new millionaires, there are plenty of stocks like Intel which shriveled over the past decade.

NEW YORK--(BUSINESS WIRE)--DigitalOcean Holdings, Inc. (NYSE: DOCN), the simplest scalable cloud for digital-native businesses, today announced that Chief Executive Officer Paddy Srinivasan will participate in a fireside chat at the UBS Global Technology and AI Conference on Tuesday, December 3, 2024 at 12:35 p.m. (PT) / 3:35 p.m. (ET). A live webcast and replay will be available on DigitalOcea...

NEW YORK--(BUSINESS WIRE)--DigitalOcean Holdings, Inc. (NYSE: DOCN), the simplest scalable cloud for digital-native businesses, today announced the availability of DigitalOcean Bare Metal GPUs, dedicated, single-tenant infrastructure purpose-built to tackle the most demanding AI/ML workloads, model training, and custom setups. Unlike the recently-announced DigitalOcean GPU Droplets, Bare Metal ...

I give a buy rating for DigitalOcean due to anticipated growth acceleration driven by its AI strategy, larger customer base, and improving net dollar retention rate. DOCN's AI strategy positions it to capture demand from AI Extenders and AI Consumers, boosting future growth. DOCN's 3Q24 earnings beat consensus with $198.5 million revenue and $86.7 million adj EBITDA, leading to raised FY24 guid...

Investors looking to buy a potential AI winner trading at a reasonable valuation should consider taking a closer look at this company.