Datadog Inc [DDOG] stock prices are up 0.70% to $156.91 at the moment. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The DDOG shares have gain 1.29% over the last week, with a monthly amount glided 24.44%, and 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 December 12, 2024, when Macquarie initiated its Outperform rating and assigned the stock a price target of $200. Previously, BMO Capital Markets reaffirmed its Outperform rating on November 08, 2024, and elevated its price target to $145. On November 07, 2024, upgrade upgraded it’s rating to Buy but maintained its price target of $155 on the stock. BMO Capital Markets reiterated its Outperform rating and increased its price target to $135 on October 25, 2024. UBS upgraded its rating to a Buy and raised its price target to $150 on October 18, 2024. Exane BNP Paribas started tracking with a Outperform rating for this stock on October 08, 2024, and assigned it a price target of $150. In a note dated October 01, 2024, DA Davidson upgraded an Buy rating on this stock and boosted its target price from $115 to $140.
The stock price of Datadog Inc [DDOG] has been fluctuating between $98.80 and $170.08 over the past year. Currently, Wall Street analysts expect the stock to reach $148.25 within the next 12 months. Datadog Inc [NASDAQ: DDOG] shares were valued at $156.91 at the most recent close of the market. An investor can expect a potential drop of -5.52% 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. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.28.
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 154.70 points at the first support level, and at 152.48 for the second support level. However, for the 1st resistance point, the stock is sitting at 158.85, and for the 2nd resistance point, it is at 160.78.
Ratios To Look Out For
It’s worth pointing out that Datadog Inc [NASDAQ:DDOG]’s Current Ratio is 2.10. As well, the Quick Ratio is 2.10, while the Cash Ratio is 0.19. Considering the valuation of this stock, the price to sales ratio is 21.02, the price to book ratio is 20.25 and price to earnings (TTM) ratio is 290.47.
Transactions by insiders
Recent insider trading involved 2019 Shah Family Trust, Director, that happened on Dec 16 ’24 when 7916.0 shares were purchased. Chief Revenue Officer, Walters Sean Michael completed a deal on Dec 11 ’24 to sell 7836.0 shares. Meanwhile, President Agarwal Amit sold 25000.0 shares on Dec 11 ’24.
