The cloud-based platform-as-a-service provides monitoring and analytics for developers and IT departments that keep a digital eye on servers, databases, tools, services, and other cloud-centric operations. We also built our stock analysis module to help investors to … Looking to buy Datadog stock? With the pedigree and deep pockets of some of these rivals, Datadog will have to continue delivering the goods if it wants to continue its eye-catching growth. KeyBanc Capital Markets have made an estimate for Datadog Inc. shares, keeping their opinion on the stock as Sector Weight, with their previous recommendation back on November 24, 2020. stock. Our consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. Based on DDOG analyst price targets, DDOG stock forecast is $47.18 (for a year from now). About DDOG. Datadog rallied on Sept. 30, sending the fast-rising stock beyond a 99.09 buy point in a 12-week consolidation and shooting above the high end of its buy range that day. Will pursued his passion for writing after working in the corporate world as both an analyst and an insurance sales professional. Should I buy Datadog, Inc. (DDOG)? Despite the investor reaction, Datadog still delivered a stellar third-quarter earnings report in early November. Interested in getting the full scoop on DDOG, including earnings and dividends, stock forecast, buy or sell analysis and key stats? Headquarters. NIFTY: 13483.90-45.20 (-0.33 %) SENSEX: 45974.59-128.91 (-0.28 %) Support Center. Open in app; Sign up. Index Ventures. When multiple institutions own a stock, there’s always a risk that they are in a ‘crowded trade’. 10 stocks we like better than Datadog When investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. Datadog (DDOG) has been upgraded to a Zacks Rank 2 (Buy), reflecting growing optimism about the company's earnings prospects. 4. That forecast might turn out to be conservative, since it's difficult to know how long the pandemic will last and what long-lasting impact (if any) it will have on Datadog's future results. Its Software-as-a-Service (SaaS) platform integrates and automates infrastructure monitoring, application performance monitoring and log management to provide real-time observability of its customersâ€™ entire technology stack. Datadog stock sold off in October as a pullback began in the broader markets. Founded in 1993 by brothers Tom and David Gardner, The Motley Fool helps millions of people attain financial freedom through our website, podcasts, books, newspaper column, radio show, and premium investing services. That means the average analyst price target for DDOG stock is $47.18. But the quintessential investing question remains: Should you buy Datadog stock right now? EquityZen is a marketplace for shares of proven pre IPO tech companies. Not only does revenue growth remain massive, but it has managed to placate mega-cap competitors by building partnerships and avoiding those companies creating competing services. Its platform integrates and automates infrastructure monitoring, application performance monitoring and log management to provide real … Not only are new customers joining the fold, but existing customers also continue to spend more, as evidenced by the company's dollar-based net retention rate of 130%. The Zacks Rank stock-rating system, which uses four factors related to earnings estimates to classify stocks into five groups, ranging from Zacks Rank #1 (Strong Buy) to Zacks Rank #5 (Strong Sell), has an impressive externally-audited track record, with Zacks Rank #1 stocks generating an average annual return of +25% since 1988. The company booked $363 million in revenue in 2019, but that pales in comparison to the massive opportunity that remains. This implies the analysts working for those institutions have looked at the stock and they like it. Of course Datadog may not be the best stock to buy. Out of 14 analysts, 7 (50%) are recommending DDOG as a Strong Buy, 0 (0%) are recommending DDOG as a Buy, 7 (50%) are recommending DDOG as a Hold, 0 (0%) are recommending DDOG as a Sell, and 0 (0%) are … If so, you came to the right place. The Ascent is The Motley Fool's new personal finance brand devoted to helping you live a richer life. Microsoft will integrate Datadog's dashboard, which helps companies analyze their full infrastructure, into its cloud platform Azure as a "first-class service." Datadog DDOG shares soared over 8% through early ... a stunning $600 million stock buy-back plan. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). sell . Read more on. Embed. The stock has an average rating of "Hold" and a consensus price target of $96.00. Find real-time DDOG - Datadog Inc stock quotes, company profile, news and forecasts from CNN Business. Cumulative Growth of a $10,000 Investment in Stock Advisor, Is Datadog Stock a Buy? MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. Datadog Stock. Post a Comment. The company earned a non-GAAP (adjusted) profit of $0.05 per share. It did not stop running higher until it peaked above $118 per share in mid-October. Datadog, Inc. (Datadog) provides monitoring and analytics platform for developers, information technology (IT) operations teams and business users in the cloud age. sell. The company has partnered with Amazon to help its Amazon Web Services and Alphabet's Google Cloud Services to offer added data services to the companies' cloud customers. Consensus analyst target data is from Refinitiv. Copy URL. Request Access. View More Companies. Market data powered by FactSet and Web Financial Group. It was able to find support at … Results are interpreted as buy, sell or hold signals, each with numeric ratings and summarized with an overall percentage buy or sell rating. The company has a 12-month trailing PE ratio of 0. While Datadog has captured hearts and minds of investors over the past year, it's important to note it isn't without competition. Trading strategies give us the ability us to avoid impetuous decisions based on our feelings or the buzz that surrounds the market. trading session. For now, they forecast 63% revenue growth this year and 36% in 2021. View Datadog, Inc. DDOG investment & stock information. The Ascent is The Motley Fool's new personal finance brand devoted to helping you live a richer life. Create a CFD or spread betting account. However, at this stage, Datadog stock has probably gotten a bit ahead of it tail. One analyst has rated the stock with a sell rating, ten have assigned a hold rating and eleven have issued a buy rating to the company. ET Now spoke to various experts and here's what they have to recommend for today's trading session. Datadog (NASDAQ:DDOG) stock broke away from its leash almost as soon … Landscape version of the Flipboard logo. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Investors seem to sense this, as they sold off the stock amid Datadog's stellar earnings report. stock ideas. Unique to Barchart.com, Opinions analyzes a stock or commodity using 13 popular analytics in short-, medium- and long-term periods. Datadog goes even further, providing helpful analytics and useful feedback that get to the root of the problem and help prevent it from happening again. The upgrade of Datadog to a Zacks Rank #1 positions it in the top 5% of the Zacks-covered stocks in terms of estimate revisions, implying that the stock might move higher in the near term. It also generated free cash flow of almost $29 million during the same period. Costco stock has a forward dividend of $2.40 and a dividend yield of 0.73%. In this most recent quarter (which ended Sept. 30), revenue surged by 61% from the same quarter last year. Much of this growth came as the pandemic led to a switch in work from the office to the home. Technical Analysis for DDOG - Datadog, Inc. Buy or Sell? There are currently 1 sell rating, 11 hold ratings and 9 buy ratings for the stock, resulting in a consensus recommendation of "Hold." The coronavirus pandemic and resulting pivot to remote work made its services more valuable than ever, driving shares up 125% so far this year, with no end in sight. Those who shy away from high valuations or unproven high-growth stocks, in general, will likely not find this stock appealing. Best Stocks & Shares to Buy - Choose from the best shares/stocks to buy today with expert recommendations for 2020 in the stock market. Currently, Datadog supports a market cap of around $28 billion. Is Datadog Stock a good buy in 2020, according to Wall Street analysts? It can be used to make informed decisions about market timing, and when buying or selling Datadog shares will generate the highest return on investment. With Datadog's robust gains as a backdrop, some investors are wondering if they can still profit from this red-hot investment, or if the opportunity has already passed them by. 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