DigitalOcean price target raised to $220 on AI tool expansion and new Bright Data partnership

Oppenheimer has raised DigitalOcean's price target from $190 to $220, reflecting strong growth potential driven by the company's expansion in AI tools and services. DigitalOcean is enhancing its platform with AI capabilities such as Agent Learning, Data Services, and Managed Agents, which help users deploy and improve AI agents. A new partnership with Bright Data adds advanced web-access tools and live data integration, boosting DigitalOcean's AI offerings. The stock currently trades at $128.21, indicating significant upside to the new target price.

DigitalOcean shares are trading at USD 121.19 on Pluang as of Oct 14, 2026 20:41 WIB, down 5.48% in the past day. The stock's market cap stands at $15.07 billion, reflecting its significant presence in the technology sector. Typical holding time on Pluang is 43 days, with current order activity showing 72% selling and 28% buying interest.