In the latest trading session, Datadog (DDOG) closed at $144.85, marking no change from the previous day.
Datadog (DDOG) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
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Datadog (DDOG -4.78%) stock is losing ground in Wednesday's trading. The company's share price was down 4.9% as of 2:30 p.m.
Stifel analyst Brad Reback downgraded the shares of Datadog Inc DDOG from Buy to Hold and lowered the price forecast from $165 to $140.
After reaching an important support level, Datadog (DDOG) could be a good stock pick from a technical perspective. DDOG surpassed resistance at the 50-day moving average, suggesting a short-term bullish trend.
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Datadog (DDOG) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
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Datadog (DDOG) reachead $140.20 at the closing of the latest trading day, reflecting a +0.06% change compared to its last close.
Datadog's growth is strongly driven by the cloud market, with a projected 5-year average growth rate of 20.7%, aligning with the company's revenue growth forecast of 22%. Datadog's competitive advantage lies in its extensive product features, AI-driven innovations, and robust software integrations. The company's ARPU growth is supported by continuous product development, upselling, and cross-selling, with a forecasted 3-year average ARPU growth of 12.8%.
This observability solutions provider expects to steadily increase cash flow over the next five years.