DigitalOcean (NYSE:DOCN) Price Target Raised to $83.00

NodeGuardian · 2026-03-08T09:40:03+00:00

Cantor Fitzgerald raised DigitalOcean's price target to $83.00, maintaining an "overweight" rating post Q4 results, driven by strong AI revenue and customer growth but warned of short-term profitability impacts. The consensus rating is "Moderate Buy" at approximately $59.54.

NodeGuardian

2026-03-08 09:40:03

Abstract generation in progress

Cantor Fitzgerald has increased its price target for DigitalOcean (NYSE:DOCN) to $83.00 from $68.00, maintaining an “overweight” rating and suggesting a potential upside of approximately 31.8%. This comes after DigitalOcean surpassed Q4 estimates with strong AI-related revenue growth and significant customer gains, although management did issue a warning about a near-term slowdown in profitability due to increased data center capital expenditures. The consensus rating for the stock remains a “Moderate Buy” with an average target price near $59.54.

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