Datadog (DDOG) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock. Over the past month, shares of this data analytics and cloud monitoring company have returned -6.3%, compared to the Zacks S&P 500 composite's -1.2% change. During this period, the Zacks Internet - Software industry, which Datadog falls in, has lost 8.4%. The key question now is: What could be the stock's future dir ...

In the latest market close, Datadog (DDOG) reached $123.21, with a +1.64% movement compared to the previous day. The stock outperformed the S&P 500, which registered a daily loss of 0.16%. Meanwhile, the Dow lost 0.14%, and the Nasdaq, a tech-heavy index, lost 0.06%. Coming into today, shares of the data analytics and cloud monitoring company had gained 2.3% in the past month. In that same time, the Computer and Technology sector gained 0.47%, while the S&P 500 gained 1.96%. Analysts and investors alike wil ...

So if you're shopping for a few beaten-down AI stocks as contrarian plays, you should consider buying Snowflake (SNOW 0.01%), Datadog (DDOG 0.18%), and Upstart (UPST -2.18%) -- which all still trade well below their all-time highs. The macro headwinds drove many companies to rein in their cloud spending, and rising interest rates exacerbated that pressure by squeezing its valuations. Snowflake's product revenue (which accounts for most of its top line) more than doubled in fiscal 2021 and fiscal 2022 (which ...

NEW YORK, July 18, 2024 /PRNewswire/ -- Datadog, Inc. (NASDAQ: DDOG), the monitoring and security platform for cloud applications, today announced that it will report its second quarter fiscal year 2024 financial results before the U.S. financial markets open on Thursday, August 8, 2024. In conjunction with this announcement, Datadog will host a conference call on Thursday, August 8, 2024 at 8:00 a.m. Eastern Time to discuss the Company's financial results and financial guidance. To access the conference ca ...

DDOG 52-Week Range $77.81 Price Target $138.21 Why would one of the world's largest technology companies be willing to pay this much for a startup that isn't that established or deeply entrenched in its industry yet? Because cybersecurity is becoming the most essential thing today. By association, other cybersecurity stocks will be rallying or at least attracting Wall Street attention, with the latest being Datadog Inc. NASDAQ: DDOG. Up to three Wall Street analysts covered the stock in July as a Buy. out t ...

About this content Jamie Ashcroft, the News Editor for Proactive UK, has developed an impressive career in financial journalism, focusing on the small-cap sector for over fourteen years. Before joining the Proactive team, he was a stockbroker during the global financial crisis, a role that complemented his educational background - a firstclass degree in Business and Economics and qualifications in software design and development. As one of the early external hires at Proactive in 2009, Jamie contributed... ...

Heading into today, shares of the data analytics and cloud monitoring company had gained 10.45% over the past month, outpacing the Computer and Technology sector's gain of 1.06% and the S&P 500's gain of 3.82% in that time. For the full year, the Zacks Consensus Estimates project earnings of $1.54 per share and a revenue of $2.6 billion, demonstrating changes of +16.67% and +22.26%, respectively, from the preceding year. Our research suggests that these changes in estimates have a direct relationship with u ...

QOE Capital: Co-Authored by Analyst Antonio Mello DDOG Investor Presentation May-24 Datadog is a monitoring and analytics platform for cloud-scale applications. The company was founded in 2010 by Olivier Pomel and Alexis Lê-Quôc, and provides observability and security tools for developers, IT operations teams, and business users. Datadog's SaaS platform integrates and automates infrastructure monitoring, application performance monitoring, log management, and security monitoring. Datadog operates in a comp ...

Scaramanga Photography While the stock has retreated since its recent highs, I think that Datadog is starting to look interesting as a beneficiary to an accelerated migration to the cloud as a result of growing adoption of AI. I have written extensively about Datadog on Seeking Alpha, which can be found here, and continue to be optimistic and confident in the company's future prospects. For those who are new to the company, Datadog is a monitoring service for cloud-based infrastructure and applications, pro ...

In the latest trading session, Datadog (DDOG) closed at $132.40, marking a -1.61% move from the previous day. This change lagged the S&P 500's daily gain of 0.1%. Meanwhile, the Dow experienced a drop of 0.08%, and the technology-dominated Nasdaq saw an increase of 0.28%. The investment community will be paying close attention to the earnings performance of Datadog in its upcoming release. The company is predicted to post an EPS of $0.35, indicating a 2.78% decline compared to the equivalent quarter last ye ...