Datadog Inc [DDOG] stock prices are down -0.10% to $125.97 at the moment. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The DDOG shares have gain 2.95% over the last week, with a monthly amount drifted -1.68%, and not seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Datadog Inc [NASDAQ: DDOG] stock has seen the most recent analyst activity on November 08, 2024, when BMO Capital Markets reiterated its Outperform rating and also boosted its price target to $145 from $135. Previously, Monness Crespi & Hardt upgraded its rating to Buy on November 07, 2024, and kept the price target unchanged to $155. On October 25, 2024, BMO Capital Markets reiterated its Outperform rating and revised its price target to $135 on the stock. UBS upgraded its rating to a Buy and increased its price target to $150 on October 18, 2024. Exane BNP Paribas initiated its recommendation with a Outperform and recommended $150 as its price target on October 08, 2024. DA Davidson upgraded its rating to Buy for this stock on October 01, 2024, and upped its price target to $140. In a note dated August 07, 2024, Monness Crespi & Hardt upgraded an Neutral rating on this stock.
The stock price of Datadog Inc [DDOG] has been fluctuating between $98.80 and $138.61 over the past year. Currently, Wall Street analysts expect the stock to reach $145.31 within the next 12 months. Datadog Inc [NASDAQ: DDOG] shares were valued at $125.97 at the most recent close of the market. An investor can expect a potential return of 15.35% based on the average DDOG price forecast.
Analyzing the DDOG fundamentals
The Datadog Inc [NASDAQ:DDOG] reported sales of 2.54B for trailing twelve months, representing a surge of 26.02%. Gross Profit Margin for this corporation currently stands at 0.81% with Operating Profit Margin at 0.03%, Pretax Profit Margin comes in at 0.08%, and Net Profit Margin reading is 0.08%. To continue investigating profitability, this company’s Return on Assets is posted at 0.04, Equity is 0.08 and Total Capital is 0.03. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.64.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 124.67 points at the first support level, and at 123.37 for the second support level. However, for the 1st resistance point, the stock is sitting at 127.42, and for the 2nd resistance point, it is at 128.87.
Ratios To Look Out For
It’s worth pointing out that Datadog Inc [NASDAQ:DDOG]’s Current Ratio is 2.10. Also, the Quick Ratio is 2.10, while the Cash Ratio stands at 0.19. Considering the valuation of this stock, the price to sales ratio is 16.18, the price to book ratio is 16.26 and price to earnings (TTM) ratio is 233.19.
Transactions by insiders
Recent insider trading involved 2019 Shah Family Trust, Director, that happened on Nov 15 ’24 when 7916.0 shares were purchased. Officer, AMIT AGARWAL completed a deal on Nov 15 ’24 to buy 0.15 million shares. Meanwhile, Chief Operating Officer Blitzer Adam sold 40389.0 shares on Nov 13 ’24.
