Datadog (DDOG) came out with quarterly earnings of $0.46 per share, beating the Zacks Consensus Estimate of $0.39 per share. This compares to earnings of $0.45 per share a year ago.
Datadog's quarterly revenue jumped 26% to $690 million, comfortably beating estimates.
DDOG's premium valuation multiples and stiff competitive pressures suggest investors might wait for a better entry point ahead of Q3 earnings results.
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.
Datadog (DDOG) reachead $126.37 at the closing of the latest trading day, reflecting a -0.18% change compared to its last close.
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 latest trading day saw Datadog (DDOG) settling at $124.62, representing a -0.95% change from its previous close.
Despite a tough software market, Datadog continues to land and expand significant deals, highlighting its strong execution and competitive advantages. Datadog's investments in AI and new product capabilities, such as LLM Observability and Bits AI, position it well for future growth. With solid fundamentals and strong execution, Datadog's premium valuation is justified, reflecting its robust business performance and growth prospects.
Datadog (DDOG) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Artificial intelligence could be one of the most transformative technologies in history.
Snowflake, Datadog, and Zscaler are all potential multibaggers for patient investors.
Software stocks are outperforming the chip sector this month.