DigitalOcean is trading at $146.97 (+4.63%) after pre-announcing record Q2 2026 results and Remaining Performance Obligations (RPO) exceeding $800 million.
- Revenue growth accelerated to approximately 29%, with margins expected to land at or above prior guidance, reinforcing the company's AI-cloud growth narrative.
- The move follows strong momentum from the prior earnings release, which raised 2026 and 2027 revenue outlooks based on heavy customer demand.
- While broader markets are slightly higher, the stock’s jump is most directly tied to the company’s upbeat demand and guidance update.