DigitalOcean

DOCN

Market cap $8.08B

The last thing investors are thinking about right now -- as Wall Street wrestles with surging oil prices -- is a short squeeze.

BROOMFIELD, Colo.--(BUSINESS WIRE)--DigitalOcean Holdings, Inc. (NYSE: DOCN), the Agentic Inference Cloud built for production AI, today announced that Chief Executive Officer Paddy Srinivasan will participate in a fireside chat at the Citi's 4th Annual AI Summit on Wednesday April, 15 at 10:50 a.m. (PT) / 1:50 p.m. (ET). A webcast replay will be available on DigitalOcean's investor relations website at investors.digitalocean.com. About DigitalOcean DigitalOcean is the Agentic Inference Cloud b.

U.S. stocks settled lower on Friday, with the Dow Jones index falling more than 250 points during the session after the University of Michigan's consumer sentiment index crashed to a record low in April and the March monthly inflation rate printed at 0.9%, the highest monthly increase since June 2022.

Investors have watched AI reshape one industry after another.

DigitalOcean (DOCN) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

For the next few weeks, we're going to highlight one of Schaeffer's top 15 picks for 2026.

For the second-straight year and third time in five years, the Dow, S&P 500, and Nasdaq started off the calendar with quarterly losses. ‘Didn't get off the bus,' is the apt sports colloquial that comes to mind.

NEW YORK, April 6, 2026 /PRNewswire/ -- S&P MidCap 400 constituent Casey's General Stores Inc. (NASD: CASY) will replace Hologic Inc. (NASD: HOLX) in the S&P 500, S&P SmallCap 600 constituent DigitalOcean Holdings Inc. (NYSE: DOCN) will replace Casey's General Stores in the S&P MidCap 400, and Broadstone Net Lease Inc. (NYSE: BNL) will replace DigitalOcean Holdings in the S&P SmallCap 600 effective prior to the opening of trading on Thursday, April 9. Affiliates of Blackstone Inc. and TPG Global are acquiring Hologic in a deal expected to be completed on or about April 7.

DigitalOcean (DOCN) maintains a Buy rating with a new $105 price target, driven by a strategic pivot toward usage-based AI inference services. Q4 2025 results validate the thesis: $901M revenue (+15% YoY), $259M net income (29% margin), and $120M AI ARR, 70% from inference and core cloud. Customer retention is exceptional, with 0% churn in million-dollar cohorts and rapid expansion in $500K and $100K tiers, supporting sustainable growth.

BROOMFIELD, Colo.--(BUSINESS WIRE)--DigitalOcean (NYSE: DOCN), the Agentic Inference Cloud built for production AI, today announced it has acquired Katanemo Labs, Inc., the models and research company focused on infrastructure for agentic AI, including its open source project, Plano, the data plane software for agentic applications. With Katanemo Labs, DigitalOcean extends its platform beyond inference into the operational layer of agentic systems — enabling developers to build, run, and contin.