NASDAQ:DDOGDatadog Stock Price, Forecast & News

Datadog's stock was trading at $35.56 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, DDOG shares have increased by 151.1% and is now trading at $89.28. View which stocks have been most impacted by Coronavirus.

16 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Datadog in the last year. There are currently 8 hold ratings and 8 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Datadog.

Datadog is scheduled to release its next quarterly earnings announcement on Monday, August 10th 2020. View our earnings forecast for Datadog.

Datadog (NASDAQ:DDOG) issued its quarterly earnings results on Monday, May, 11th. The company reported $0.06 EPS for the quarter, topping the Thomson Reuters' consensus estimate of ($0.03) by $0.09. The business had revenue of $131.30 million for the quarter, compared to analysts' expectations of $117.73 million. The firm's revenue for the quarter was up 87.4% on a year-over-year basis. View Datadog's earnings history.

Datadog updated its FY20 earnings guidance on Monday, May, 11th. The company provided earnings per share (EPS) guidance of $0.02-0.06 for the period, compared to the Thomson Reuters consensus estimate of ($0.06). The company issued revenue guidance of $555-565 million, compared to the consensus revenue estimate of $534.50 million.

16 Wall Street analysts have issued 1-year price targets for Datadog's stock. Their forecasts range from $38.00 to $107.00. On average, they expect Datadog's stock price to reach $64.58 in the next year. This suggests that the stock has a possible downside of 27.7%. View analysts' price targets for Datadog.

News articles about DDOG stock have been trending negative this week, InfoTrie Sentiment reports. The research group scores the sentiment of news coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Datadog earned a media sentiment score of -2.1 on InfoTrie's scale. They also assigned news articles about the company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the stock's share price in the near term. View the latest news about Datadog.

Datadog saw a increase in short interest during the month of June. As of June 30th, there was short interest totaling 9,290,000 shares, an increase of 44.0% from the June 15th total of 6,450,000 shares. Based on an average daily trading volume, of 4,580,000 shares, the days-to-cover ratio is currently 2.0 days. Currently, 6.5% of the company's stock are short sold. View Datadog's Current Options Chain.

Some companies that are related to Datadog include ServiceNow (NOW), Intuit (INTU), VMware (VMW), Activision Blizzard (ATVI), Uber Technologies (UBER), Autodesk (ADSK), Square (SQ), Dassault Systemes (DASTY), Electronic Arts (EA), Veeva Systems (VEEV), Docusign (DOCU), Twilio (TWLO), Splunk (SPLK), Synopsys (SNPS) and Cadence Design Systems (CDNS). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Datadog investors own include Trade Desk (TTD), Okta (OKTA), Zoom Video Communications (ZM), Shopify (SHOP), NVIDIA (NVDA), Twilio (TWLO), Roku (ROKU), Alteryx (AYX), Alibaba Group (BABA) and salesforce.com (CRM).

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

Datadog trades on the NASDAQ under the ticker symbol "DDOG."

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

One share of DDOG stock can currently be purchased for approximately $89.28.

Datadog has a market capitalization of $26.73 billion and generates $362.78 million in revenue each year. The company earns $-16,710,000.00 in net income (profit) each year or ($0.15) on an earnings per share basis. Datadog employs 1,403 workers across the globe.

The official website for Datadog is www.datadoghq.com.

Datadog's mailing address is 620 EIGHTH AVENUE 45TH FLOOR, NEW YORK NY, 10018. The company can be reached via phone at 866-329-4466 or via email at [email protected]