Datadog - DDOG Stock Forecast, Price & News

25 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Datadog in the last twelve months. There are currently 5 hold ratings and 20 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" DDOG shares.
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25 brokers have issued 1 year price targets for Datadog's stock. Their DDOG share price forecasts range from $120.00 to $230.00. On average, they anticipate the company's share price to reach $148.36 in the next year. This suggests a possible upside of 69.0% from the stock's current price.
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Datadog's stock was trading at $178.11 at the beginning of the year. Since then, DDOG shares have decreased by 50.7% and is now trading at $87.80.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, November 3rd 2022.
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Datadog, Inc. (NASDAQ:DDOG) posted its earnings results on Thursday, August, 4th. The company reported $0.24 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.14 by $0.10. The firm had revenue of $406.14 million for the quarter, compared to analyst estimates of $381.28 million. Datadog had a trailing twelve-month return on equity of 2.24% and a net margin of 0.48%. Datadog's revenue for the quarter was up 73.9% on a year-over-year basis. During the same quarter last year, the business earned ($0.02) earnings per share.

Datadog updated its third quarter 2022 earnings guidance on Thursday, August, 11th. The company provided earnings per share (EPS) guidance of $0.15-$0.17 for the period, compared to the consensus estimate of $0.16. The company issued revenue guidance of $410.00 million-$414.00 million, compared to the consensus revenue estimate of $412.07 million.

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.

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).

(DDOG) raised $492 million in an IPO 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."

Datadog's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Gulf International Bank UK Ltd (0.01%) and Exchange Traded Concepts LLC (0.00%). Insiders that own company stock include (Jersey) Slp Yucca, 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, Shardul Shah and Ventures Vi (Jersey) Lp Index.
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Shares of DDOG stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of DDOG stock can currently be purchased for approximately $87.80.

Datadog (NASDAQ:DDOG) has a market capitalization of $27.78 billion and generates $1.03 billion in revenue each year. The company earns $-20,750,000.00 in net income (profit) each year or $0.01 on an earnings per share basis.

The company employs 1,500 workers across the globe.

Datadog's mailing address is 620 EIGHTH AVENUE 45TH FLOOR, NEW YORK NY, 10018. The official website for the company is www.datadoghq.com. The company can be reached via phone at 866-329-4466 or via email at ir@datadoghq.com.