Datadog (DDOG) shares soared Thursday after the cloud-based monitoring and security platform posted quarterly results that topped analysts' estimates and raised its outlook.
Wedbush analysts raised their target price on Datadog Inc (NASDAQ:DDOG) to $215 per share from $170 to reflect greater confidence in the company's growth story. The cloud software firm posted third quarter 2025 revenue that rose 28% year over year to $885.7 million, topping the $852.8 million Wall Street forecast.
Tech stocks are struggling for direction this morning, but don't tell Datadog Inc (NASDAQ:DDOG).
Datadog (NASDAQ: DDOG) crushed third-quarter expectations this morning, sending shares surging 21% in pre-market trading.
Datadog (DDOG) came out with quarterly earnings of $0.55 per share, beating the Zacks Consensus Estimate of $0.45 per share. This compares to earnings of $0.46 per share a year ago.
Datadog Inc (NASDAQ:DDOG), a cloud-based monitoring and analytics platform for developers, will report its third quarter earnings on Thursday before US markets open, with Wedbush analysts expecting a robust performance driven by growing demand for observability and AI capabilities. The analysts believe Wall Street's consensus estimates, calling for revenue of $853.6 million and non-GAAP earnings per share of $0.45, “are relatively conservative.
Datadog (NASDAQ: DDOG) is a high-growth SaaS leader in observability and cloud security, but currently trades at a steep premium. DDOG delivered another double-beat quarter with 28% revenue growth, strong customer expansion, and impressive margins, supporting its premium valuation. Despite robust fundamentals and exposure to fast-growing markets, DDOG's forward P/E of 85 suggests limited near-term upside and potential for consolidation.
Datadog is positioned to benefit from accelerating AI-driven cloud workloads, leveraging rapid product innovation in observability and security. AI revenue for DDOG grew 253% YoY, now representing 11% of total revenue, with significant runway as AI adoption expands across its customer base. DDOG stands out for comprehensive AI observability features, strong integrations, and a large customer base, though faces risk from hyperscaler competition.
Zacks.com users have recently been watching Datadog (DDOG) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
Zacks.com users have recently been watching Datadog (DDOG) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
Datadog stock (NASDAQ: DDOG) declined by 7.9% over the past five trading days. This drop was primarily triggered by news on October 10 that several company insiders, including CEO Olivier Pomel and director Shardul Shah, sold large amounts of shares.
The latest trading day saw Datadog (DDOG) settling at $160.88, representing a -2.02% change from its previous close.