DatadogDDOG
Market Cap: $36.1B
About: Datadog is a cloud-native company that focuses on analyzing machine data. The firm's product portfolio, delivered via software as a service, allows a client to monitor and analyze its entire IT infrastructure. Datadog's platform can ingest and analyze large amounts of machine-generated data in real time, allowing clients to utilize it for a variety of applications throughout their businesses.
Employees: 5,200
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
62% more repeat investments, than reductions
Existing positions increased: 363 | Existing positions reduced: 224
33% more call options, than puts
Call options by funds: $2.21B | Put options by funds: $1.66B
8% more capital invested
Capital invested by funds: $29.3B [Q1] → $31.6B (+$2.24B) [Q2]
1.3% more ownership
Funds ownership: 77.64% [Q1] → 78.94% (+1.3%) [Q2]
2% more first-time investments, than exits
New positions opened: 115 | Existing positions closed: 113
0% more funds holding
Funds holding: 806 [Q1] → 808 (+2) [Q2]
9% less funds holding in top 10
Funds holding in top 10: 23 [Q1] → 21 (-2) [Q2]
Research analyst outlook
15 Wall Street Analysts provided 1 year price targets over the past 3 months
15 analyst ratings
Scotiabank Patrick Colville 43% 1-year accuracy 12 / 28 met price target | 26%upside $135 | Sector Outperform Maintained | 9 Aug 2024 |
RBC Capital Matthew Hedberg 51% 1-year accuracy 61 / 119 met price target | 41%upside $151 | Outperform Reiterated | 9 Aug 2024 |
BMO Capital Keith Bachman 59% 1-year accuracy 37 / 63 met price target | 23%upside $132 | Outperform Maintained | 9 Aug 2024 |
Wedbush Taz Koujalgi 41% 1-year accuracy 9 / 22 met price target | 45%upside $155 | Outperform Reiterated | 9 Aug 2024 |
UBS Karl Keirstead 67% 1-year accuracy 8 / 12 met price target | 17%upside $125 | Neutral Maintained | 9 Aug 2024 |
Financial journalist opinion
Based on 24 articles about DDOG published over the past 30 days