DatadogDDOG
DDOG
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
0
Funds holding %
of 6,809 funds
0
Analysts bullish %
of 16 analysts
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
28% more repeat investments, than reductions
Existing positions increased: 344 | Existing positions reduced: 268
28% more first-time investments, than exits
New positions opened: 119 | Existing positions closed: 93
3% more funds holding
Funds holding: 819 [Q2] → 845 (+26) [Q3]
4% more call options, than puts
Call options by funds: $1.76B | Put options by funds: $1.69B
2.97% less ownership
Funds ownership: 80.45% [Q2] → 77.47% (-2.97%) [Q3]
14% less capital invested
Capital invested by funds: $32.2B [Q2] → $27.8B (-$4.4B) [Q3]
14% less funds holding in top 10
Funds holding in top 10: 21 [Q2] → 18 (-3) [Q3]
Research analyst outlook
16 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$133
11%
downside
Avg. target
$159
6%
upside
High target
$200
34%
upside
16 analyst ratings
16 positive
100%
0 neutral
0%
0 negative
0%
Stifel Brad Reback 72% 1-year accuracy 34 / 47 met price target | 10%upside $165 | Buy Maintained | 18 Dec 2024 |
Mizuho Gregg Moskowitz 59% 1-year accuracy 30 / 51 met price target | 14%upside $170 | Outperform Maintained | 13 Dec 2024 |
Truist Securities Joel Fishbein 70% 1-year accuracy 52 / 74 met price target | 14%upside $170 | Buy Maintained | 12 Dec 2024 |
Macquarie Steve Koenig 0% 1-year accuracy 0 / 3 met price target | 34%upside $200 | Outperform Initiated | 12 Dec 2024 |
Barclays Raimo Lenschow 59% 1-year accuracy 52 / 88 met price target | 25%upside $187 | Overweight Maintained | 6 Dec 2024 |
Financial journalist opinion
Based on 25 articles about DDOG published over the past 30 days
Positive
InvestorPlace
2 days ago
Cash is Down, Valuations Are Up, but Stay Invested
Bullish sentiment rules
Positive
Zacks Investment Research
5 days ago
Datadog (DDOG) Crossed Above the 20-Day Moving Average: What That Means for Investors
From a technical perspective, Datadog (DDOG) is looking like an interesting pick, as it just reached a key level of support. DDOG recently overtook the 20-day moving average, and this suggests a short-term bullish trend.
Positive
Zacks Investment Research
5 days ago
Is Datadog (DDOG) a Buy as Wall Street Analysts Look Optimistic?
Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?
Positive
Zacks Investment Research
5 days ago
Datadog, Inc. (DDOG) Is a Trending Stock: Facts to Know Before Betting on It
Datadog (DDOG) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
Positive
Schwab Network
1 week ago
The Big 3: DDOG, CELH, SHOP
When it comes to today's Big 3, @ProsperTradingAcademy's Charles Moon looks into what he considers resilient stocks. He talks about why he's expecting bullish sentiment for Datadog (DDOG), Celsius (CELH), and Shopify (SHOP).
Positive
Zacks Investment Research
1 week ago
Why Datadog (DDOG) is a Top Momentum Stock for the Long-Term
Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.
Neutral
Seeking Alpha
1 week ago
Datadog, Inc. (DDOG) Barclays 22nd Annual Global Technology Conference (Transcript)
Datadog, Inc. (NASDAQ:DDOG ) Barclays 22nd Annual Global Technology Conference December 11, 2024 12:50 PM ET Company Participants Yuka Broderick - VP, IR Conference Call Participants Raimo Lenschow - Barclays Raimo Lenschow Perfect. Thanks for joining us.
Positive
Zacks Investment Research
1 week ago
Datadog's Strong Product Mix Fuels 27.6% YTD Rally: Time to Buy or Wait?
Despite DDOG's robust product portfolio and strong 2024 outlook, the 27% YTD rally suggests investors might benefit from awaiting a more attractive entry point.
Neutral
PRNewsWire
1 week ago
Datadog Announces Pricing of Upsized Offering of $870 Million Convertible Senior Notes
NEW YORK , Dec. 9, 2024 /PRNewswire/ -- Datadog, Inc. (Nasdaq: DDOG) ("Datadog"), the monitoring and security platform for cloud applications, today announced the pricing of $870 million aggregate principal amount of 0% Convertible Senior Notes due 2029 (the "notes") in a private placement (the "offering") to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the "Securities Act"). The offering size was increased from the previously announced offering size of $775 million aggregate principal amount of notes.
Positive
Seeking Alpha
1 week ago
Datadog Poised To Rule 2025's AI Software Picks
Datadog is poised for strong growth in 2025, driven by expanding software budgets and increasing AI-native revenue, prompting a Buy recommendation. Q3 results show a 200 bp sequential increase in AI-native revenue, indicating a return of AI spending to Datadog. Enterprise customer usage has accelerated, suggesting higher future spending, while SMB customer growth remains stable.
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