10 Fastest Growing Mid Cap Stocks to Buy Now

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

DigitalOcean Holdings, Inc. (NYSE:DOCN) is among the fastest growing stocks.

TheFly reported on February 25 that Oppenheimer raised its price target on DOCN to $85 from $60 and maintained an Outperform rating on the shares. The firm highlighted gains in customer indicators, revenue guidance at the upper end of expectations for 2026 and 2027, and strong quarterly earnings. Oppenheimer also noted that DOCN is positioning itself to benefit from the industry’s growing shift toward inferencing workloads.

On February 24, DigitalOcean Holdings, Inc. (NYSE:DOCN) released its financial results for the fourth quarter and the entire year 2025, which highlighted that the company’s strong growth is driven by AI. The company reported fourth-quarter revenue of $242 million, up 18% from the prior year, and annual run-rate revenue of $970 million. Net income for the quarter was $26 million, up 40% over the prior year, while adjusted EBITDA was $99 million, up 16%.

Results for the full year 2025 showed sales of $901 million, a 15% increase, and net income of $259 million, more than tripling from 2024. Its $375 million adjusted EBITDA for the year was a result of strong free cash flow and growth in unlevered free cash flow.

Operationally, net dollar retention improved, AI-related ARR increased significantly, and the number of high-value clients kept growing. Furthermore, DOCN incorporated AI workflows into its core cloud solutions and included additional inference infrastructure capabilities. The company’s 2026 outlook called for steady top-line growth, good margins, and profitable expansion.

DigitalOcean Holdings, Inc. (NYSE:DOCN) provides cloud infrastructure and services, offering simple, scalable solutions for developers and businesses to deploy and manage applications efficiently.