S&P 500   5,061.82
DOW   37,735.11
QQQ   431.06
5 Small-Cap Energy Stocks Surged in Price and Volume on Friday
Novo Nordisk Arms Wegovy to Be a Triple Threat
Vital Farms Rides the Pasture-Raised Egg Trend to the Bank
3 Energy Plays for Cash Flow: Buy 1 or Buy Them All
M&T Bank, Goldman Sachs rise; Salesforce, Tesla fall, Monday, 4/15/2024
When Will the Next Bull Market Be?
Global smartphone shipments climb nearly 8% in 1st quarter as Samsung retakes the lead
S&P 500   5,061.82
DOW   37,735.11
QQQ   431.06
5 Small-Cap Energy Stocks Surged in Price and Volume on Friday
Novo Nordisk Arms Wegovy to Be a Triple Threat
Vital Farms Rides the Pasture-Raised Egg Trend to the Bank
3 Energy Plays for Cash Flow: Buy 1 or Buy Them All
M&T Bank, Goldman Sachs rise; Salesforce, Tesla fall, Monday, 4/15/2024
When Will the Next Bull Market Be?
Global smartphone shipments climb nearly 8% in 1st quarter as Samsung retakes the lead
S&P 500   5,061.82
DOW   37,735.11
QQQ   431.06
5 Small-Cap Energy Stocks Surged in Price and Volume on Friday
Novo Nordisk Arms Wegovy to Be a Triple Threat
Vital Farms Rides the Pasture-Raised Egg Trend to the Bank
3 Energy Plays for Cash Flow: Buy 1 or Buy Them All
M&T Bank, Goldman Sachs rise; Salesforce, Tesla fall, Monday, 4/15/2024
When Will the Next Bull Market Be?
Global smartphone shipments climb nearly 8% in 1st quarter as Samsung retakes the lead
S&P 500   5,061.82
DOW   37,735.11
QQQ   431.06
5 Small-Cap Energy Stocks Surged in Price and Volume on Friday
Novo Nordisk Arms Wegovy to Be a Triple Threat
Vital Farms Rides the Pasture-Raised Egg Trend to the Bank
3 Energy Plays for Cash Flow: Buy 1 or Buy Them All
M&T Bank, Goldman Sachs rise; Salesforce, Tesla fall, Monday, 4/15/2024
When Will the Next Bull Market Be?
Global smartphone shipments climb nearly 8% in 1st quarter as Samsung retakes the lead
NASDAQ:DDOG

Datadog (DDOG) Stock Price, News & Analysis

$125.82
-1.69 (-1.33%)
(As of 04/15/2024 ET)
Today's Range
$125.38
$130.22
50-Day Range
$120.42
$136.15
52-Week Range
$62.60
$138.61
Volume
3.85 million shs
Average Volume
4.11 million shs
Market Capitalization
$41.76 billion
P/E Ratio
1,048.50
Dividend Yield
N/A
Price Target
$130.33

Datadog MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.79 Rating Score
Upside/​Downside
3.6% Upside
$130.33 Price Target
Short Interest
Healthy
2.94% of Shares Sold Short
Dividend Strength
N/A
Sustainability
-0.81
Upright™ Environmental Score
News Sentiment
0.52mentions of Datadog in the last 14 days
Based on 25 Articles This Week
Insider Trading
Selling Shares
$97.17 M Sold Last Quarter
Proj. Earnings Growth
Growing
From ($0.14) to ($0.07) Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.38 out of 5 stars

Computer And Technology Sector

251st out of 593 stocks

Prepackaged Software Industry

78th out of 199 stocks

DDOG stock logo

About Datadog Stock (NASDAQ:DDOG)

Datadog Inc, a Nasdaq-listed company, is a monitoring and analytics platform founded on June 4, 2010, by Olivier Pomel and Alexis Lê-Quôc. The platform is designed for developers, IT operations teams and business users primarily operating in the cloud. Datadog's SaaS platform integrates and automates infrastructure monitoring, application performance monitoring, log management and security monitoring.

Datadog was founded to be a cloud infrastructure monitoring service that provides alerting, an easy-to-use dashboard, and metrics visualizations. However, over the years, it has expanded its product offerings to cover service providers such as Google Cloud Platform, Amazon Web Services (AWS), Red Hat OpenShift, VMware,  Microsoft Azure and OpenStack. The company supports over 450 integrations.

The Datadog platform provides a range of shared features, including dashboards, analytics, collaboration tools and alerting capabilities. Its platform offers user experience monitoring, network performance monitoring, cloud security, developer-focused observability and incident management.

The company operates a fast-growing software platform that monitors customers' cloud activity and mines it for business insights. Datadog's backend uses several open and closed source technologies, including PostgreSQL, Apache Cassandra, D3 and Kafka.

Datadog uses a Go-Based Agent that is lightweight, easy to deploy and supports a wide range of programming languages. The Go-Based Agent allows customers to integrate Datadog with their existing applications and infrastructure. Go is an open-source programming language that simplifies building secure and scalable systems. 

In August 2022, Datadog acquired an API observability company called Seekret. Seekret provides a platform that helps developers to monitor, troubleshoot and optimize their APIs. With this acquisition, Datadog aims to expand its capabilities in the fast-growing API observability market.

In November 2022, Datadog acquired Cloudcraft, a New York-based visualization service for cloud and system architects, for an undisclosed sum. Cloudcraft provides a platform that helps architects to design and visualize their cloud infrastructure. With this acquisition, Datadog aims to enhance its capabilities in the cloud infrastructure visualization market.

Datadog is headquartered in New York City and has offices in various locations, including London, Dublin, Paris and Tokyo. The company moved its headquarters to the New York Times building, purchasing an entire building floor to support its growing team. 

Datadog acquired the Paris-based Logmatic.io in 2017. Logmatic.io specializes in machine data analysis, and the acquisition helped Datadog to strengthen its presence in the European market.

Madumbo, a company that has developed an AI-based application testing platform, joined Datadog in 2019. Adding Madumbo's technology helped Datadog enhance its application performance testing and monitoring capabilities.

Datadog went public on the Nasdaq exchange on September 19, 2019, selling 24 million shares and raising $648 million. The IPO was one of the most successful tech IPOs of that year.

DDOG Stock Price History

DDOG Stock News Headlines

REVEALED: Elon Musk’s Secret A.I. Facility?
I recently shot this video outside what could be Elon Musk’s biggest secret. What’s happening inside these walls is so important that our government has declared it a matter of national security.
REVEALED: Elon Musk’s Secret A.I. Facility?
I recently shot this video outside what could be Elon Musk’s biggest secret. What’s happening inside these walls is so important that our government has declared it a matter of national security.
(DDOG) - Analyzing Datadog's Short Interest
Could Datadog Become the Next Microsoft?
Datadog (NASDAQ:DDOG) Shares Up 3.4%
DDOG Factor-Based Stock Analysis
DDOG Quantitative Stock Analysis
DDOG Apr 2024 110.000 call
See More Headlines
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Company Calendar

Last Earnings
2/13/2024
Today
4/15/2024
Next Earnings (Estimated)
5/02/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Prepackaged software
Sub-Industry
N/A
Current Symbol
NASDAQ:DDOG
Fax
N/A
Employees
5,200
Year Founded
2010

Price Target and Rating

Average Stock Price Target
$130.33
High Stock Price Target
$165.00
Low Stock Price Target
$90.00
Potential Upside/Downside
+3.6%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.79
Research Coverage
28 Analysts

Profitability

Net Income
$48.57 million
Pretax Margin
2.83%

Debt

Sales & Book Value

Annual Sales
$2.13 billion
Cash Flow
$0.39 per share
Book Value
$6.12 per share

Miscellaneous

Free Float
282,192,000
Market Cap
$41.76 billion
Optionable
Optionable
Beta
1.16

Social Links

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Should I Buy Datadog Stock? DDOG Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in Datadog, Inc.:

  • Datadog, Inc operates an observability and security platform for cloud applications, providing essential services for monitoring infrastructure and application performance, log management, digital experience monitoring, and more.
  • The company offers continuous profiler, database monitoring, and network monitoring services, crucial for maintaining the efficiency and security of cloud applications.
  • Investors can leverage Datadog's observability pipelines and incident management tools to enhance operational efficiency and streamline workflows.
  • With services like cloud cost and cloud security management, Datadog helps businesses optimize their cloud resources and strengthen their security posture.
  • Considering the current stock price and the company's diverse product offerings, investing in Datadog could present growth opportunities in the cloud technology sector.

Cons

Investors should be bearish about investing in Datadog, Inc. for these reasons:

  • While Datadog offers a comprehensive suite of services, increased competition in the cloud technology market may pose challenges for the company's market share and growth potential.
  • Market volatility and fluctuations in the technology sector could impact Datadog's stock performance, leading to potential investment risks.
  • Investors should carefully consider the company's financial terms and market positioning to assess the long-term sustainability of their investment in Datadog.
  • Regulatory changes or cybersecurity threats could affect Datadog's operations and reputation, influencing investor confidence in the company.
  • It is essential for investors to conduct thorough research and analysis before investing in Datadog to mitigate risks associated with market uncertainties and industry dynamics.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Thursday, April 11, 2024. Please send any questions or comments about these Datadog pros and cons to contact@marketbeat.com.

DDOG Stock Analysis - Frequently Asked Questions

Should I buy or sell Datadog stock right now?

28 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Datadog in the last year. There are currently 6 hold ratings and 22 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" DDOG shares.
View DDOG analyst ratings
or view top-rated stocks.

What is Datadog's stock price target for 2024?

28 brokerages have issued twelve-month target prices for Datadog's shares. Their DDOG share price targets range from $90.00 to $165.00. On average, they expect the company's share price to reach $130.33 in the next year. This suggests a possible upside of 3.6% from the stock's current price.
View analysts price targets for DDOG
or view top-rated stocks among Wall Street analysts.

How have DDOG shares performed in 2024?

Datadog's stock was trading at $121.38 on January 1st, 2024. Since then, DDOG shares have increased by 3.7% and is now trading at $125.82.
View the best growth stocks for 2024 here
.

Are investors shorting Datadog?

Datadog saw a increase in short interest in March. As of March 31st, there was short interest totaling 9,750,000 shares, an increase of 14.2% from the March 15th total of 8,540,000 shares. Based on an average daily volume of 4,120,000 shares, the days-to-cover ratio is presently 2.4 days.
View Datadog's Short Interest
.

When is Datadog's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 2nd 2024.
View our DDOG earnings forecast
.

How were Datadog's earnings last quarter?

Datadog, Inc. (NASDAQ:DDOG) issued its quarterly earnings data on Tuesday, February, 13th. The company reported $0.44 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.43 by $0.01. The business had revenue of $589.65 million for the quarter, compared to the consensus estimate of $568.73 million. Datadog had a net margin of 2.28% and a trailing twelve-month return on equity of 3.79%. Datadog's revenue for the quarter was up 25.6% compared to the same quarter last year. During the same quarter in the prior year, the firm posted ($0.08) EPS.

What guidance has Datadog issued on next quarter's earnings?

Datadog issued an update on its FY 2024 earnings guidance on Tuesday, February, 13th. The company provided EPS guidance of 1.380-1.440 for the period, compared to the consensus EPS estimate of 1.830. The company issued revenue guidance of $2.6 billion-$2.6 billion, compared to the consensus revenue estimate of $2.6 billion.

What is Olivier Pomel's approval rating as Datadog's CEO?

167 employees have rated Datadog Chief Executive Officer Olivier Pomel on Glassdoor.com. Olivier Pomel has an approval rating of 95% among the company's employees. This puts Olivier Pomel in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Datadog own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Datadog investors own include NVIDIA (NVDA), DocuSign (DOCU), Block (SQ), Trade Desk (TTD), Shopify (SHOP), Fastly (FSLY), CrowdStrike (CRWD), Zoom Video Communications (ZM), Tesla (TSLA) and Okta (OKTA).

When did Datadog IPO?

Datadog (DDOG) raised $492 million in an IPO on Thursday, September 19th 2019. The company issued 24,000,000 shares at a price of $19.00-$22.00 per share. Morgan Stanley, Goldman Sachs, J.P. Morgan and Credit Suisse acted as the underwriters for the IPO and Barclays, Jefferies, RBC Capital Markets, JMP Securities, Raymond James, Stifel, William Blair and Needham were co-managers.

Who are Datadog's major shareholders?

Datadog's stock is owned by a variety of institutional and retail investors. Top institutional investors include IMC Chicago LLC (0.00%), Los Angeles Capital Management LLC (0.08%), Factory Mutual Insurance Co. (0.02%), Northside Capital Management LLC (0.01%), Gulf International Bank UK Ltd (0.01%) and Leibman Financial Services Inc. (0.01%). Insiders that own company stock include Adam Blitzer, Alexis Le-Quoc, Amit Agarwal, Dan Fougere, David M Obstler, David M Obstler, Dev Ittycheria, Julie Richardson, Kerry Acocella, Laszlo Kopits, Madre Armelle De, Matthew Jacobson, Michael James Callahan, Olivier Pomel, Sean Michael Walters and Shardul Shah.
View institutional ownership trends
.

How do I buy shares of Datadog?

Shares of DDOG stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Does Datadog have any subsidiaries?
The following companies are subsidiares of Datadog: 1533 Systems LLC, DDog Singapore PTE. LTD., Datadog France SAS, Datadog Germany GmbH, Datadog Holding Limited, Datadog Ireland Limited, Datadog Ireland Limited Australia Branch, Datadog Ireland Limited UK Branch, Datadog Japan GK, Focusmatic SAS, Madumbo, Madumbo SAS, Mortar Data, Undefined Labs, and logmatic.io.
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This page (NASDAQ:DDOG) was last updated on 4/16/2024 by MarketBeat.com Staff

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