Investing.com -- DigitalOcean (NYSE:DOCN) stock rose 8% Tuesday, extending Monday’s 9% gain as investors recognize the company’s potential role in hosting emerging AI agent technologies like Clawdbot.
The cloud infrastructure provider is benefiting from growing excitement around Clawdbot, an open-source AI agent framework designed to run continuously and execute real actions by connecting models to various endpoints. Developers have already published guides for setting up Clawdbot on DigitalOcean’s cloud servers.
BofA Securities analyst Wamsi Mohan noted, "DOCN is trading higher as agentic AI assistants specifically Clawdbot, gain traction across developer communities, showing agentic AI is more immediate and deployable than previously understood."
While much of the Clawdbot excitement initially focused on Cloudflare (NYSE:NET), which saw its shares rise about 12% in Tuesday pre-market trading after Monday’s 9.6% gain, DigitalOcean is increasingly viewed as a key beneficiary of this trend.
The company’s cloud infrastructure is considered well-suited for hosting these types of always-on AI agents, which require only low-cost cloud servers to operate - precisely the type of workload DigitalOcean specializes in providing.
Analysts see DigitalOcean evolving toward a more "neocloud-like" model with lower capital expenditure requirements, positioning itself to capture demand from agentic AI use cases outside of traditional hyperscaler model training and inferencing workloads.
