DigitalOcean Holdings (DOCN) Q2 2026 earnings — TrendMatrix coverage

Reported EPS

$0.45

Estimate

$0.26

Surprise

+72.9%

Revenue (period 2026-06-30)

$281.2M

Score at report (before → after)

5.1 → 5.5/10

Revenue source: xbrl.

DigitalOcean Holdings (DOCN) beat the $0.26 estimate with diluted EPS of $0.45 — a large 72.9% upside surprise. TrendMatrix's engine moved from Buy (Wait) (5.1/10) to Hold at 5.5/10 after the report.

TrendMatrix currently rates DOCN Hold at 5.1/10.

4 of the last 4 quarters beat the estimate; this quarter's +72.9% surprise compares with a +41.4% four-quarter average. Next scheduled report: 2026-11-04.

This section and the ones below it reflect TrendMatrix’s latest engine read — they update after the report date and are not frozen to it.

Current price

$115.64

Price target

$152.44

Stop

$107.55

Upside to target

+31.8%

Reward-to-risk

2.1:1

Model outputs from TrendMatrix’s engine as of 2026-08-23 — shown for context, not personalized investment advice.

Technology names get repriced on forward expectations more than trailing prints — a quarter here is read through next-year growth and multiple, not the EPS line alone.

Industry

Software - Infrastructure

Market cap

$13.52B

P/E (fwd)

62.4

P/E (ttm)

52.1

52-week range

$30.36–$187.50

Off 52-week high

38.3%

RSI (14)

42

Volume vs avg

0.81×

Score today

5.1/10