Datadog, Inc. (DDOG)

NASDAQ: DDOG · IEX Real-Time Price · USD
121.38
-1.90 (-1.54%)
At close: Dec 29, 2023, 4:00 PM
121.65
+0.27 (0.22%)
After-hours: Dec 29, 2023, 7:55 PM EST
-1.54%
Market Cap 39.86B
Revenue (ttm) 2.01B
Net Income (ttm) -34.46M
Shares Out 328.36M
EPS (ttm) -0.12
PE Ratio n/a
Forward PE 69.45
Dividend n/a
Ex-Dividend Date n/a
Volume 2,194,121
Open 123.00
Previous Close 123.28
Day's Range 120.89 - 123.73
52-Week Range 61.34 - 124.69
Beta 1.18
Analysts Buy
Price Target 112.10 (-7.65%)
Earnings Date Feb 15, 2024

About DDOG

Datadog, Inc. operates an observability and security platform for cloud applications in North America and internationally. The company's products include infrastructure and application performance monitoring, log management, digital experience monitoring, continuous profiler, database monitoring, network monitoring, incident management, observability pipelines, cloud cost management, universal service monitoring, cloud security management, application security management. cloud SIEM, sensitive data scanner, and CI Visibility. The company was in... [Read more]

Sector Technology
IPO Date Sep 19, 2019
Employees 4,800
Stock Exchange NASDAQ
Ticker Symbol DDOG
Full Company Profile

Financial Performance

In 2022, Datadog's revenue was $1.68 billion, an increase of 62.82% compared to the previous year's $1.03 billion. Losses were -$50.16 million, 141.8% more than in 2021.

Financial Statements

Analyst Forecast

According to 33 analysts, the average rating for DDOG stock is "Buy." The 12-month stock price forecast is $112.1, which is a decrease of -7.65% from the latest price.

Price Target
$112.1
(-7.65% downside)
Analyst Consensus: Buy
Stock Forecasts

News

Datadog Stock Has a New Bull. The Outlook for Customer Spending Is Brighter.

Earlier this month, the software company beat earnings expectations and raised its sales outlook.

24 days ago - Barrons

Salesforce, Insulet, and Datadog Are November's Top Performers—and These Are the Worst

Salesforce is the Dow Jones Industrial Average's top-performing stock in November, while Cisco is the worst.

Other symbols: CRMPODD
4 weeks ago - Barrons

Datadog Adds Identity, Vulnerability and App-Level Findings to Security Inbox to Help DevOps and Security Teams Address Issues Quickly

The new  capabilities empower DevOps teams to improve security posture, from code to cloud to application, by focusing only on the security problems that matter LAS VEGAS , Nov. 27, 2023 /PRNewswire/ ...

4 weeks ago - PRNewsWire

Up 205% Since IPO, Why Generative AI Could Boost Datadog's Stock Price

Datadog builds cloud monitoring and security products for small companies and large enterprises.

6 weeks ago - Forbes

Datadog Releases 2023 State of Cloud Security Report

Report finds that long-lived credentials remain a common cause for cloud security breaches  NEW YORK , Nov. 15, 2023 /PRNewswire/ --  Datadog , Inc. (NASDAQ: DDOG), the monitoring and security platfor...

6 weeks ago - PRNewsWire

Datadog is about to hit 52-week highs, and there's more to come

Just when investors were starting to wonder if shares of Datadog Inc NASDAQ: DDOG were doomed to fall back to their pre-summer lows, the tech company delivered a strong earnings beat that completely r...

6 weeks ago - MarketBeat

Datadog Expands Strategic Partnership with Google Cloud and Integrates with Vertex AI

New Vertex AI integration gives developers full observability on the prediction performance and resource utilization of their custom AI/ML models NEW YORK , Nov. 8, 2023 /PRNewswire/ -- Datadog , Inc....

7 weeks ago - PRNewsWire

The pin action off Datadog shocked everyone, especially short-sellers, says Jim Cramer

'Mad Money' host Jim Cramer takes a closer look at the tech rally and the ripple effect of Datadog's surge.

7 weeks ago - CNBC Television

Cramer breaks down Datadog's rally, says tech will continue to see gains

CNBC's Jim Cramer said Datadog's Tuesday rally helps show why tech will see continued success.

7 weeks ago - CNBC

Datadog Shares Jump About 30% on Better-Than-Expected Earnings

Datadog (DDOG) stock leaped nearly 30% higher on Tuesday following third quarter earnings that handily beat out analysts' low expectations.

7 weeks ago - Investopedia

Datadog to Present at Upcoming Investor Conferences

NEW YORK , Nov. 7, 2023 /PRNewswire/ -- Datadog, Inc. (NASDAQ: DDOG), the monitoring and security platform for cloud applications, today announced that management will present at the following investo...

7 weeks ago - PRNewsWire

Datadog stock surges 30% after cloud company beats estimates, revises guidance up

Datadog stock surged nearly 30% after upping its guidance and beating estimates on the top- and bottom lines.

7 weeks ago - CNBC

Snowflake, MongoDB shares rally sharply after Datadog earnings

Shares of Snowflake Inc. SNOW, -3.86%, MongoDB Inc. MDB, -3.14% and Elastic NV ESTC, -1.49% were all rallying sharply in Tuesday's premarket trading after Datadog Inc.'s DDOG, -3.04% upbeat earnings r...

Other symbols: MDBSNOW
7 weeks ago - Market Watch

Datadog Stock Skyrockets 23% on Upbeat Outlook and Customer Growth

For the fourth quarter, Datadog expects revenue of between $564 million and $568 million, beating analysts' estimates of $544.9 million.

7 weeks ago - Barrons

Datadog's stock rockets as earnings, forecast blow past estimates

Datadog Inc. shares DDOG, -3.04% were roaring 24% higher in premarket action Tuesday after the software company, which makes tools for monitoring infrastructure and application performance, showed ups...

7 weeks ago - Market Watch

Datadog Announces Third Quarter 2023 Financial Results

Third quarter revenue grew 25% year-over-year to $548 million Strong growth of larger customers, with about 3,130 $100k+ ARR customers, up from about 2,600 a year ago NEW YORK , Nov. 7, 2023 /PRNewswi...

7 weeks ago - PRNewsWire

Datadog Announces 2023 Report on Real-World Container Use, Reveals Rise in Serverless Containers

46% of container organizations now run serverless containers, up from 31% two years ago NEW YORK , Nov. 2, 2023 /PRNewswire/ -- Datadog , Inc. (NASDAQ: DDOG), the monitoring and security platform for ...

2 months ago - PRNewsWire

A bullish storm is brewing for cloud stocks

Results from ServiceNow NASDAQ: NOW bode well for cloud services stocks. The company posted results that sparked a round of surprisingly bullish chatter from analysts that points to continued strength...

Other symbols: NOWSNOW
2 months ago - MarketBeat

Here are 16 stocks Jim Cramer is watching, including Microsoft, Chevron, Southwest

Here are some of the tickers on Jim's radar for Monday, Oct. 30, taken directly from his reporter's notebook:

2 months ago - CNBC

Datadog's stock shrugs off downgrade as some say Amazon AWS trends bode well

Datadog Inc. shares shrugged off a Wells Fargo downgrade Friday as Wall Street saw positive read-throughs for the observability company in Amazon.com Inc.'s latest cloud-computing results.

2 months ago - Market Watch

Datadog Announces Date of Third Quarter Fiscal Year 2023 Earnings Call

NEW YORK , Oct. 17, 2023 /PRNewswire/ -- Datadog, Inc. (NASDAQ: DDOG), the monitoring and security platform for cloud applications, today announced that it will report its third quarter fiscal year 20...

2 months ago - PRNewsWire

Datadog faces revenue risk — and its stock isn't cheap, warns BofA

Shares of Datadog Inc. were getting hit Monday after BofA Securities came out with a more cautious take on the observability software company, warning of “downside revenue risks.”

2 months ago - Market Watch

These 20 growth stocks are worth considering on a pullback, says Citi

Citi has released a list of 20 large-cap growth stocks that it says present opportunities in the event of a pullback.

3 months ago - Market Watch

Is Datadog a Buyout Target After Cisco's Splunk Acquisition?

As a monitoring platform for cloud-based apps, Datadog Inc NASDAQ: DDOG has tremendous long-term growth potential tied to enterprise digital transformations, data analytics and cybersecurity — and its...

3 months ago - MarketBeat

New York is a tech startup hotbed after almost a decade-long run of IPOs

New York's successful tech entrepreneurs are helping the next generation raise capital for emerging startups

Other symbols: DOCNMDB
3 months ago - CNBC