DigitalOcean (DOCN) Tops Q3 EPS by 15c
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/12/2026
- S&P 500 volatile in choppy trading; Mideast deal, SpaceX debut in focus
- SpaceX prices historic IPO at $135/share in largest ever new listing
- 'Ocean of opportunity': Wolfe initiates SpaceX at Buy ahead of historic IPO
- UBS cuts gold price forecasts on delayed Fed easing outlook
- Oil falls to near two-month lows as Trump calls off threatened strikes on Iran
- NASDAQ adds five companies to NASDAQ-100 index in quarterly rebalance
- Adobe CFO Dan Durn to depart company in June 2026
- Oppenheimer Starts SpaceX (SPCX) at Outperform, PT $190, 'space infrastructure appears structurally advantaged'
- Pentagon reportedly locked down, hazmat teams responding
- Wall St set to gain on tech rebound, Middle East in focus
JPMorgan Downgrades DigitalOcean (DOCN) to Neutral
November 8, 2022 5:37 AM ESTJPMorgan analyst Pinjalim Bora downgraded DigitalOcean (NYSE: DOCN) from to Neutral with a price target of $27.00 (from $50.00).
The analyst comments "Digital Oceans Q3 marked a material slowdown in organic revenue and net-new ARR additions, as it was impacted by a challenging macro environment, in addition to continued headwinds from Russia/Ukraine and the Blockchain... More
