Strategic Partnership: Persistent Systems has formed a strategic partnership with DigitalOcean to make AI adoption more accessible for enterprises and developers globally by providing cost-effective infrastructure, thereby accelerating AI adoption.
Cost Reduction: By combining Persistent's AI engineering expertise with DigitalOcean's cloud infrastructure, AI infrastructure and operational costs are expected to decrease by over 50%, enabling faster adoption and predictable scaling of AI across industries.
Platform Innovation: Persistent has selected DigitalOcean's Gradient AI Agentic Cloud as the foundation for its AI platform SASVA, ensuring seamless integration of code and documentation across multiple workflows, which enhances operational efficiency and innovation for enterprises.
Market Impact: This collaboration not only strengthens Persistent's competitive position in the AI sector but also propels DigitalOcean's AI product roadmap, accelerating its adoption in enterprise applications and fostering intelligent, platform-driven innovation.
DOCN
$44.44+Infinity%1D
Analyst Views on DOCN
Wall Street analysts forecast DOCN stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for DOCN is 54.50 USD with a low forecast of 47.00 USD and a high forecast of 60.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
12 Analyst Rating
Wall Street analysts forecast DOCN stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for DOCN is 54.50 USD with a low forecast of 47.00 USD and a high forecast of 60.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
9 Buy
3 Hold
0 Sell
Strong Buy
Current: 45.780
Low
47.00
Averages
54.50
High
60.00
Current: 45.780
Low
47.00
Averages
54.50
High
60.00
Oppenheimer
Outperform
initiated
$60
2025-11-10
Reason
Oppenheimer
Price Target
$60
2025-11-10
initiated
Outperform
Reason
As previously reported, Oppenheimer initiated coverage of DigitalOcean with an Outperform rating and $60 price target. The firm views DigitalOcean as a turnaround story that has begun to show improving traction and momentum with existing and new customers. And Oppenheimer sees customers expanding their utilization of DigitalOcean's infrastructure-as-a-service and platform-as-service cloud offerings for their artificial intelligence inferencing workloads. This should help the company compete effectively with the "neo-cloud" vendors and drive over 20% topline growth for the next several years, the firm adds.
Oppenheimer
Oppenheimer
Outperform
initiated
$60
2025-11-10
Reason
Oppenheimer
Oppenheimer
Price Target
$60
2025-11-10
initiated
Outperform
Reason
Oppenheimer initiated coverage of DigitalOcean with an Outperform rating and $60 price target.
Goldman Sachs
NULL -> Buy
upgrade
$44 -> $50
2025-11-06
Reason
Goldman Sachs
Price Target
$44 -> $50
2025-11-06
upgrade
NULL -> Buy
Reason
Goldman Sachs raised the firm's price target on DigitalOcean to $50 from $44 and keeps a Buy rating on the shares.
UBS
Radi Sultan
Neutral
maintain
$40 -> $48
2025-11-06
Reason
UBS
Radi Sultan
Price Target
$40 -> $48
2025-11-06
maintain
Neutral
Reason
UBS analyst Radi Sultan raised the firm's price target on DigitalOcean to $48 from $40 and keeps a Neutral rating on the shares.
About DOCN
DigitalOcean Holdings, Inc. provides the simplest scalable cloud platform that democratizes cloud and AI for growing tech companies around the world. It provides a cloud computing platform, offering simple, scalable and approachable on-demand infrastructure and platform services for developers at growing technology companies. Its platform simplifies cloud computing, enabling its customers to rapidly accelerate innovation and productivity. The simplicity of its platform allows users to focus on building and scaling their business instead of on managing their infrastructure. It offers mission-critical solutions across Infrastructure-as-a-Service (IaaS), including its Droplet virtual machines, storage and networking offerings; Platform-as-a-Service and Software-as-a-Service, including its Managed Hosting, Managed Database, Managed Kubernetes and Marketplace offerings; and artificial intelligence and machine learning, including its GPU Droplets, Notebooks and GenAI Platform offerings.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
