DigitalOcean Announces Fourth Quarter and Fiscal Year 2021 Financial Results

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DigitalOcean (DOCN) PT Lowered to $96 at Oppenheimer

February 24, 2022 1:07 PM EST

Oppenheimer analyst Timothy Horan lowered the price target on DigitalOcean (NYSE: DOCN) to $96.00 (from $130.00) while maintaining an Outperform rating following results.

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DigitalOcean (DOCN) Tops Q4 EPS by 1c; Offers 2022 Guidance

February 24, 2022 7:07 AM EST

DigitalOcean (NYSE: DOCN) reported Q4 EPS of $0.10, $0.01 better than the analyst estimate of $0.09. Revenue for the quarter came in at $119.7 million versus the consensus estimate of $119.05 million.

GUIDANCE:

DigitalOcean sees FY2022 EPS of $0.70-$0.71, versus the consensus of $0.58. DigitalOcean sees... More