The Best Stocks to Invest $50,000 In Right Now
Aerospace and defense giant Northrop Grumman has raised its dividends annually for 21 consecutive years. Cybersecurity specialist Cloudflare is growing revenue in tandem with an increased demand for its security services.
Datadog Rides the Cloud Wave: Should You Buy, Sell, or Hold the Stock?
DDOG's innovation and partnerships drive its investment appeal in the near term despite intense competition and stretched valuation.
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.
The Zacks Analyst Blog Datadog, Uber Technologies and ACV Auctions
Datadog, Uber Technologies and ACV Auctions are included in this Analyst Blog.
Wall Street Analysts Think Datadog (DDOG) Is a Good Investment: Is It?
When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?
Is Datadog Stock a Buy Right Now?
More customers continue to turn to Datadog and buy more of its products. Datadog now turns a profit.
Investors Heavily Search Datadog, Inc. (DDOG): Here is What You Need to Know
Recently, Zacks.com users have been paying close attention to Datadog (DDOG). This makes it worthwhile to examine what the stock has in store.
Datadog (DDOG) Presents at The Oppenheimer Technology, Internet and Communications Conference Transcript
Datadog (NASDAQ:DDOG ) The Oppenheimer Technology, Internet and Communications Conference March 14, 2024 2:05 PM ET Company Participants David Obstler - CFO Conference Call Participants Ittai Kidron - Oppenheimer Ittai Kidron All right. So good afternoon, everybody, and thanks for joining us today for this session.
Buy These 5 Year-to-Date Laggards With Solid Near-Term Upside
We have narrowed our search to five large-cap stocks that have lagged the market year to date. These are: DDOG, SHOP, PFE, HES, PCG.
Datadog (DDOG) Q2 Earnings Beat Estimates, Revenues Rise Y/Y
Datadog's (DDOG) second-quarter 2024 results benefit from strength in customer demand for offerings in modern observability, cloud security, software delivery and cloud service management.
Datadog Q2 Earnings: Strong Margin Expansion Preparing The Stock For Liftoff
Datadog beat Q2 revenue and EPS estimates, showing strong spending patterns by enterprise customers and launching new AIOps and LLM Observability tools. Revenue growth stabilizing around 25-26%, with impressive CAGR in revenue growth since FY19, but GenAI adoption needs to increase for meaningful valuation revision. Strong margin expansion, adjusted operating income growth, and impressive growth rates projected, but valuation multiple may still be deemed rich by markets.
Datadog: Difficult To Justify This Valuation
Datadog delivered its usual "beat and raise" quarter in Q2, to which the stock barely reacted. The company raised its growth outlook by one point to 23-24% y/y growth for FY24. Though Datadog's "Rule of 40" orientation merits a premium versus many software peers, its ~11x FY25 revenue multiple is too expensive to ignore.
