10 Big Names Leading Wall Street Gains

8. DigitalOcean Holdings, Inc. (NYSE:DOCN)

DigitalOcean surged by 18.01 percent on Wednesday to close at $45.81 apiece as investors took heart from a stellar earnings performance in the third quarter and a higher growth outlook for full-year 2025.

In its updated earnings report, DigitalOcean Holdings, Inc. (NYSE:DOCN) said net income attributable to shareholders expanded by 380 percent to $158 million from $32.9 million in the same period last year on the back of strong momentum from its unified agentic cloud business.

Revenues increased by 15.7 percent to $229.6 million from $198.5 million year-on-year, while annual run-rate revenue increased by 16 percent to $919 million.

Encouraged by the results, DigitalOcean Holdings, Inc. (NYSE:DOCN) raised its outlook across most key growth metrics for the full-year 2025.

Total revenues are now targeted to grow between $896 million and $897 million, versus its previous outlook of $888 million to $892 million.

Adjusted EBITDA margin is expected to jump by 40.7 percent to 41 percent, higher than the previous target of 39 to 40 percent.

However, outlook for diluted net income per share was lowered to a range of $2 to $2.05 from $2.05 to $2.10 prior.