What is the stock price forecast for DDOG in 2024? (2024)

What is the stock price forecast for DDOG in 2024?

Datadog Stock Price Forecast 2024-2025

What is the stock price prediction for Datadog in 2025?

Datadog stock prediction for 1 year from now: $ 243.59 (93.83%) Datadog stock forecast for 2025: $ 174.01 (38.47%) Datadog stock prediction for 2030: $ 885.68 (604.77%)

What is the stock price forecast for Datadog in 2024?

Datadog expects to produce adjusted earnings per share between $1.38 and $1.44 in 2024. Based on the midpoint of this guidance, the stock at $160 would sport a price-to-earnings ratio of 113.

What is the 5 year forecast for DDOG stock?

Based on our forecasts, a long-term increase is expected, the "DDOG" stock price prognosis for 2029-04-06 is 286.272 USD. With a 5-year investment, the revenue is expected to be around +124.51%. Your current $100 investment may be up to $224.51 in 2029.

What is the future of Datadog stock?

On average, Wall Street analysts predict that Datadog's share price could reach $140.06 by Apr 17, 2025. The average Datadog stock price prediction forecasts a potential upside of 12.03% from the current DDOG share price of $125.02.

Is Datadog good to invest in?

What do analysts say about Datadog? Datadog's analyst rating consensus is a Moderate Buy. This is based on the ratings of 33 Wall Streets Analysts.

What is the Datadog prediction for 2030?

If Datadog matches those estimates and continues to grow its revenue at a CAGR of 30% from 2024 to 2030, its annual revenue could reach nearly $15 billion by the final year. If it's still trading at ten times sales by then, it could be worth $150 billion.

Is Datadog a buy or sell?

Datadog has received a consensus rating of Moderate Buy.

Is Datadog making money?

Datadog earnings for the December quarter were 44 cents per share on an adjusted basis, up 70% from a year earlier. The enterprise software maker's revenue jumped 26% to $589.6 million. Meanwhile, analysts expected Datadog to report profit of 43 cents a share on revenue of $568.7 million.

Is Datadog a growing company?

Datadog Inc. (NASDAQ:DDOG) is an observability and security platform that provides end-to-end monitoring and analytics for cloud applications. The company has seen tremendous compounded annual revenue growth of 66% over the last six years.

What is the estimate for DDOG?

Who owns Datadog stock?

Largest shareholders include Vanguard Group Inc, BlackRock Inc., Baillie Gifford & Co, Price T Rowe Associates Inc /md/, VTSMX - Vanguard Total Stock Market Index Fund Investor Shares, Fmr Llc, Wcm Investment Management, Llc, VIMSX - Vanguard Mid-Cap Index Fund Investor Shares, State Street Corp, and Invesco Qqq Trust, ...

How many shares does DDOG have?

Share Statistics

Datadog has 332.31 million shares outstanding.

Is Datadog stock overvalued?

Intrinsic Value. The intrinsic value of one DDOG stock under the Base Case scenario is 37.94 USD. Compared to the current market price of 125.82 USD, Datadog Inc is Overvalued by 70%.

What is so good about Datadog?

What I like best about DataDog Infrastructure Monitoring is its comprehensive approach. As we manage both cloud and onpremise servers and kubernetes infrastructure it allows us to collect metrics, logs and events from diverse sources. Its user friendliness simplifies the complexity of setting up dashboards and alerts.

What is special about Datadog?

The features that Datadog offers include: Provides an IT/DevOps team with a single view of their infrastructure (including servers, apps, metrics and other services). Customizable dashboards. Alerts based on critical issues.

Will Datadog stock go up?

Datadog stock price stood at $127.51

According to the latest long-term forecast, Datadog price will hit $150 by the middle of 2025 and then $200 by the end of 2026. Datadog will rise to $250 within the year of 2028, $300 in 2030 and $350 in 2034.

Is Datadog a strong buy?

Datadog currently has an average brokerage recommendation (ABR) of 1.75, on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell, etc.) made by 36 brokerage firms. An ABR of 1.75 approximates between Strong Buy and Buy.

Why is Datadog falling?

Shares of Datadog (DDOG -3.94%) fell after the company released fourth-quarter 2023 results on Feb. 13. Wall Street wasn't satisfied with its outlook, which points toward a further deceleration in growth following a challenging 2023.

What is the revenue of Datadog in 2024?

Fiscal Year 2024 Outlook: Revenue between $2.555 billion and $2.575 billion . Non-GAAP operating income between $535 million and $555 million . Non-GAAP net income per share between $1.38 and $1.44 , assuming approximately 361 million weighted average diluted shares outstanding.

How much debt does Datadog have?

Total debt on the balance sheet as of December 2023 : $0.90 B. According to Datadog's latest financial reports the company's total debt is $0.90 B. A company's total debt is the sum of all current and non-current debts.

What problem does Datadog solve?

Datadog is primarily used for monitoring the performance and health of applications and infrastructure. It's employed in various scenarios, such as: Performance Optimization: Helping businesses identify and rectify performance bottlenecks.

Is Datadog a Chinese company?

Datadog, Inc. New York City, New York, U.S. Datadog's platform consolidates comprehensive traces, metrics, and logs to enable full observability of applications, infrastructure, and third-party services.

What is better than Datadog?

Sentry is an open-source error tracking and application performance monitoring platform. Compared to Datadog, it is easier to install and set up. And it can detect code-level errors in real-time so that the engineers can fix them before the user encounters them.

Which company uses Datadog?