DigitalOcean brings GLM-5.3 access at half price as stock rises 2.2%

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Yaroslav Dmytrenko

03.09.2026

DigitalOcean brings GLM-5.3 access at half price as stock rises 2.2% — DigitalOcean stock rises 2.2% today

DigitalOcean said it is partnering with Vercel to provide GLM-5.3 to Vercel AI Gateway users at half price for one week. The stock is up 2.2% on the day at $107.19.

Highlights

DigitalOcean is collaborating with Vercel to provide GLM-5.3 access to Vercel AI Gateway users at half price for one week.
Shares of DigitalOcean are up 2.2% on the day at $107.19.
47 of 61 analysts rate DigitalOcean stock a buy, with a median price target of $176 about 64.1% above current levels.

DigitalOcean said it is collaborating with Vercel to bring GLM-5.3 access to users of the Vercel AI Gateway. The offer will be available at half of the usual price. The deal lasts for one week only.

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Daily structure splits as RSI nears oversold limit

RSI at 38.1 is nearing oversold territory, suggesting the recent decline may be reaching a limit. The price sits below the MA-20 and MA-50 but remains above the MA-200, reflecting a split daily structure. The nearest support is the weekly low at $103.27, highlighting where stabilization could emerge if selling continues.

Downside odds dominate as traders monitor key support

To assess whether the recent development is being incorporated into the price, traders should watch for a close above $119.8 or a drop below $103.27. RSI at 38.1 is approaching oversold conditions, pointing to early signs that the decline is becoming stretched. The past week has seen a sharp move lower without a sustained trend. Still, for the coming trading week, there is a 27% probability of upside and a 73% probability of downside, with an expected trading range from $98.82 to $115.55. A close above $119.8 would show buyers are willing to follow through, while a drop below $103.27 would indicate the move is being faded. On the weekly chart the longer-term picture stays constructive.

Earlier, analysts noted that DigitalOcean's technical outlook was mixed, with downside pressures evident even as the company introduced new platform features. The current partnership with Vercel adds another operational update, but with downside risks persisting, traders should watch for whether the $103.27 support holds or is breached in the coming sessions.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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