Datadog delivered a beat and raise quarter, which did impress me, although the market was expecting a larger raise. The company is seeing a growing platform adoption with an increase in customers using multiple products. Datadog is winning new deals and expanding with existing customers, demonstrating the strength of the land-and-expand model.
Datadog (DDOG) closed at $132.40 in the latest trading session, marking a -1.61% move from the prior day.
Datadog's hypergrowth days might be ending. But PagerDuty faces a much tougher slowdown.
After a period of underperformance, software stocks such as Datadog, AppLovin and monday.com are on the rise again.
The latest trading day saw Datadog (DDOG) settling at $129.69, representing a +0.97% change from its previous close.
The S&P 500 continues to climb to new highs, and it could have the wind at its back for several years to come. Investors could do well to focus on companies that consistently execute, with plenty of long-term potential for growth.
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?
The Zacks Internet software industry participants like Datadog (DDOG), monday.com (MNDY) and Gitlab (GTLB) are benefiting from high demand for SaaS due to the increasing need for remote working, learning, and diagnosis software, as well as cybersecurity applications.
Searching for the next addition to your portfolio makes it easy to get caught up in the excitement surrounding the latest Wall Street darlings. Yet, not all hyped stocks have promising prospects.
The latest trading day saw Datadog (DDOG) settling at $116.08, representing a -0.36% change from its previous close.
Datadog ( DDOG ), a data analytics company that makes tools for monitoring infrastructure and application performance, surfaced back on my "buy radar" this month after we last took profits on the stock on the big move from $80 to $120.
Datadog (DDOG) launches Datadog App Builder, a new development tool to create self-service applications. This tool is expected to aid customer growth.