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.
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?
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.
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).
Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.
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.
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.
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.
Recently, Zacks.com users have been paying close attention to Datadog (DDOG). This makes it worthwhile to examine what the stock has in store.
Barclays raised the firm's price target on Datadog to $187 from $155 and keeps an Overweight rating on the shares. With software "back in favor again," valuation levels have now caught up to historical averages, the analyst tells investors in a research note. However, the firm says there could be further upside as estimates have not moved higher yet and as base valuations shift out another year to 2026.
Datadog (DDOG) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.
Datadog, Inc. (NASDAQ:DDOG ) UBS Global Technology and AI Conference December 3, 2024 10:55 AM ET Company Participants David Obstler - CFO Conference Call Participants Karl Keirstead - UBS Karl Keirstead Karl Keirstead, covering the software space. This is actually my first time on stage to kick off this year's tech AI conference.