DigitalOcean (DOCN) rated Buy on accelerating growth, AI tailwinds, and 43% EBITDA margins; attractive 13.2x EV/EBITDA ...
While an uncertain economic environment is leading enterprises to look for ways to cut cloud costs, Digital Ocean's focus on small businesses is shielding it to a degree. Growth will still slow this ...
DigitalOcean, a two-billion-dollar plus market cap company, focuses on serving developers and small and medium-sized businesses in the cloud industry. It has faced challenges due to reduced cloud ...