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DigitalOcean price target raised to $68 from $48 at UBS

UBS raised the firm’s price target on DigitalOcean (DOCN) to $68 from $48 and keeps a Neutral rating on the shares. DigitalOcean delivered a solid Q4 and provided 2026 revenue growth guidance of 21%, in line with investor expectations, while 2027 guidance targets 30% growth, achievable with the 31MW coming online in 2026 and implying potential upside to 35%-40%+ with further capacity expansion, the analyst tells investors in a research note.

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