Datadog, Inc. offers a leading observability and monitoring platform, with potential to achieve $8 billion in sales and $2-2.5 billion in net income by 2030. Despite recent technical setbacks, DDOG remains a consistent performer with an 80% gross margin and potential for significant profitability improvements due to AI efficiencies. DDOG's current valuation is relatively inexpensive, trading at around 15 times 2030 EPS estimates, making it a compelling growth stock with a long growth runway.
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 has been a victim of a bursting of the tech bubble. DDOG reported $738 million in revenue with 25% YoY growth and strong GAAP profitability, supported by a net cash balance sheet. Despite a deceleration in growth rates, DDOG's long-term growth potential remains strong, driven by its wide portfolio and cross-selling opportunities.
It's not often that every analyst covering a stock on Wall Street thinks its shares trade below where they'll be a year from now. Most widely covered stocks trade somewhere in the middle of analysts' various one-year price targets as selling pressure from the bears offsets the enthusiasm of the bulls.
Datadog, Inc. (NASDAQ:DDOG ) Morgan Stanley Technology, Media and Telecom Conference March 4, 2025 1:45 PM ET Company Participants Olivier Pomel – Chief Executive Officer and Co-Founder David Obstler – Chief Financial Officer Conference Call Participants Sanjit Singh – Morgan Stanley Sanjit Singh All right. Good morning.
Recently, Zacks.com users have been paying close attention to Datadog (DDOG). This makes it worthwhile to examine what the stock has in store.
Even though major U.S. stock market indexes like the S&P 500 and the Nasdaq Composite continue climbing to new highs, not every individual stock is following along.
Shares of Datadog (DDOG -5.23%) are down 19% since the cloud security platform provider issued a weaker-than-expected 2025 outlook with slower revenue growth and higher expenses.
While the top- and bottom-line numbers for Datadog (DDOG) give a sense of how the business performed in the quarter ended December 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
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 (DDOG -1.36%) stock experienced a setback following the release of the company's fourth-quarter 2024 results on Feb. 13, despite delivering better-than-expected numbers, as a slowdown in customer spending dented its guidance.
Despite Datadog's robust product portfolio and strong Q4 results, the tempered 2025 outlook suggests investors may benefit from awaiting a more attractive entry point.