Datadog, Inc. provides monitoring and analytics platform for developers, information technology operations teams, and business users in the cloud in North America and internationally.
Datadog stock last closed at $100.35, up 1.6% from the previous day, and has decreased 2.72% in one year. It has overperformed other stocks in the Software - Application industry by 0.01 percentage points. Datadog stock is currently +63.6% from its 52-week low of $61.34, and -16.89% from its 52-week high of $120.75.
As of Jun 5, 2023, there are 321.88M DDOG shares outstanding. The market value of DDOG is $32.30B. In the past 24 hours, 4.05M DDOG shares were traded.
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You can view all of the due diligence checks on DDOG's stock page.
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Out of 20 sell side analysts who give recommendations on DDOG, the consensus analyst rating on DDOG is a Strong Buy
Please note that analyst forecasts are not recommendations, nor are they investment advice.
Brad Reback, a top 10% analyst from Stifel Nicolaus maintains DDOG with a strong buy rating and raises their DDOG price target from $85.00 to $101.00, on May 24, 2023.
Maintaining his Strong Buy rating, Reback raised his price target on Datadog, Inc. by 18.8%.
His firm surveyed Datadog customers about usage trends, optimization pervasiveness, severity and timeline, and new module adoption,* the analyst told investors.
Summarizing the findings, Reback reported that while it is "still too early to say optimization has troughed, the second derivative appears to be turning positive after almost a year of customer efforts."
That an expanding product adoption and new client wins are setting the company up for sustained market share gains, the analyst concluded.
* Recent business highlights can be found in Datadog's Q1 2023 press release (2023/05/04).
Matthew Hedberg, a top 8% analyst from RBC Capital maintains DDOG with a buy rating and raises their DDOG price target from $85.00 to $95.00, on May 5, 2023.
Fred Lee, a top 14% analyst from Credit Suisse reiterates DDOG with a buy rating and maintains their DDOG price target from $125.00 to $125.00, on May 5, 2023.
Gregg Moskowitz, a top 12% analyst from Mizuho maintains DDOG with a strong buy rating and raises their DDOG price target from $80.00 to $82.00, on May 5, 2023.
Brent Thill, a top 1% analyst from Jefferies maintains DDOG with a strong buy rating and raises their DDOG price target from $85.00 to $90.00, on May 5, 2023.
You can dive deeper into what analysts are projecting on the Datadog stock forecast page.
Last year, DDOG revenue was $1.79B. Over the past three year, DDOG's revenue has gone up by 147.83% per year. This was faster than the Software - Application industry average of 33.26%.
Find out more about DDOG's earnings and revenue performance here.
Over the last year, insiders at DDOG have bought more shares than they have sold.
Madre Armelle De, Chief People Officer of DDOG, was the latest DDOG insider to sell. They sold $208,270.40 worth of DDOG shares on Jun 5, 2023.
Research more about who owns DDOG shares here.
No, Datadog doesn't provide an income stream by paying out dividends.
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