capital · May 21, 2026
DigitalOcean Promotes to S&P MidCap 400 and Launches AI-Native Cloud in April 2026
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DigitalOcean received promotion from the S&P SmallCap 600 to the S&P MidCap 400 effective April 9, 2026 alongside analyst upgrades from Canaccord, Oppenheimer, BofA, and Barclays. The company unveiled its AI-Native Cloud at Deploy 2026 one week before Q1 earnings with five integrated layers including Inference Engine, serverless and dedicated endpoints, and intelligent model router from the Katanemo Labs acquisition. Stock rose more than 5% on May 5, 2026 following the Q1 earnings report with revenue of $257.91 million up 22% year-over-year.
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