DigitalOcean Holdings (DOCN) Q3 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
- $0.32
- Surprise
- +41.8%
- Revenue (period 2026-09-30)
- $321.2M
- Score at report (before → after)
- 5.5 → 5.5/10
Revenue source: xbrl.
How the report landed
DigitalOcean Holdings (DOCN) beat the $0.32 estimate with adjusted EPS of $0.45 — a large 41.8% upside surprise. TrendMatrix's engine moved from Hold (5.5/10) to Sell at 5.5/10 after the report.
Coverage in the report window
- DigitalOcean Holdings, Inc. Reports Q3 2026 Financial Results — fiscal.ai, 2026-11-03
Where TrendMatrix's rating stands now
TrendMatrix currently rates DOCN Sell at 5.5/10.
4 of the last 4 quarters beat the estimate; this quarter's +41.8% surprise compares with a +49.5% four-quarter average.
What supports the rating
- Strong earnings beat streak (4/4)
- Wide economic moat
What argues against it
- Sector modifier (Technology): -0.8
- Leverage penalty (D/E 2.1): -1.5
- Elevated risk factors
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
- $90.50
- Price target
- $156.42
- Stop
- $84.17
- Upside to target
- +72.8%
- Reward-to-risk
- 4.9:1
At 41.3× trailing and 46.0× forward earnings, consensus estimates imply little change in earnings power.
Risk check: trading volume is running 2.8× its average — elevated turnover around the report window.
Model outputs from TrendMatrix’s engine as of 2026-11-04 — 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
- $10.58B
- P/E (fwd)
- 46.0
- P/E (ttm)
- 41.3
- 52-week range
- $38.45–$187.50
- Off 52-week high
- 51.7%
- RSI (14)
- 34
- Volume vs avg
- 2.76×
- Score today
- 5.5/10