DigitalOcean Holdings (DOCN) Q2 2026 earnings — TrendMatrix coverage
Reported
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Full disclosure · Editorial policy
Key numbers
- Adjusted 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.
How the report landed
DigitalOcean Holdings (DOCN) beat the $0.26 estimate with adjusted 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.
Where TrendMatrix's rating stands now
TrendMatrix currently rates DOCN Hold at 5.3/10.
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: 2026-11-03.
What supports the rating
- Strong earnings beat streak (4/4)
- Positive news sentiment (+0.77)
What argues against it
- Sector modifier (Technology): -0.8
- Leverage penalty (D/E 2.1): -1.5
- Earnings in 7 days (event risk)
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.
The levels TrendMatrix's engine tracks
- Current price
- $99.53
- Price target
- $156.42
- Stop
- $92.56
- Upside to target
- +57.2%
- Reward-to-risk
- 3.8:1
Forward estimates sit below the trailing run-rate (54.4× forward vs 45.9× trailing) — consensus expects earnings to decline from here.
Risk check: RSI 29 — a level conventionally read as oversold.
Model outputs from TrendMatrix’s engine as of 2026-10-27 — shown for context, not personalized investment advice.
DOCN at TrendMatrix's latest read
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
- $11.64B
- P/E (fwd)
- 54.4
- P/E (ttm)
- 45.9
- 52-week range
- $37.84–$187.50
- Off 52-week high
- 46.9%
- RSI (14)
- 29
- Volume vs avg
- 0.87×
- Score today
- 5.3/10