- DigitalOcean (DOCN) is trading at $153.00 (16.5% up) in pre-market, surging sharply above its previous close of $131.37.
- The rally is driven by the company's announcement today that it expects to report record Q2 2026 results, with remaining performance obligations (RPO) projected to exceed $800 million, representing more than 10x growth year-over-year.
- DigitalOcean also expects accelerated revenue growth, higher adjusted EBITDA margin, and non-GAAP net income per share at or above the high end of guidance, alongside securing an additional 20 MW of data center capacity.