At the time of writing, Datadog Inc [DDOG] stock is trading at $151.89, up 6.84%. 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 9.75% over the last week, with a monthly amount glided 2.35%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Datadog Inc [NASDAQ: DDOG] stock has seen the most recent analyst activity on January 17, 2025, when Cantor Fitzgerald initiated its Overweight rating and assigned the stock a price target of $180. Previously, Morgan Stanley downgraded its rating to Equal-Weight on January 16, 2025, and kept the price target unchanged to $143. On January 07, 2025, downgrade downgraded it’s rating to Hold and revised its price target to $150 on the stock. Macquarie started tracking the stock assigning a Outperform rating and suggested a price target of $200 on December 12, 2024. BMO Capital Markets reiterated its recommendation of a Outperform and raised its price target to $145 on November 08, 2024. Monness Crespi & Hardt upgraded its rating to Buy for this stock on November 07, 2024, but kept the price target unchanged to $155. In a note dated October 25, 2024, BMO Capital Markets reiterated an Outperform rating on this stock and boosted its target price from $132 to $135.
For the past year, the stock price of Datadog Inc fluctuated between $98.80 and $170.08. Currently, Wall Street analysts expect the stock to reach $150.9 within the next 12 months. Datadog Inc [NASDAQ: DDOG] shares were valued at $151.89 at the most recent close of the market. An investor can expect a potential drop of -0.65% based on the average DDOG price forecast.
Analyzing the DDOG fundamentals
According to Datadog Inc [NASDAQ:DDOG], the company’s sales were 2.54B for trailing twelve months, which represents an 26.02% jump. 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 0.37.
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 145.72 points at the first support level, and at 139.55 for the second support level. However, for the 1st resistance point, the stock is sitting at 155.74, and for the 2nd resistance point, it is at 159.59.
Ratios To Look Out For
It is important to note that Datadog Inc [NASDAQ:DDOG] has a current ratio of 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 20.35, the price to book ratio is 19.60 and price to earnings (TTM) ratio is 281.17.
Transactions by insiders
Recent insider trading involved OLIVIER POMEL, Director, that happened on Jan 27 ’25 when 11195.0 shares were purchased. Director, Agarwal Amit completed a deal on Jan 22 ’25 to sell 25000.0 shares. Meanwhile, Director AMIT AGARWAL bought 25000.0 shares on Jan 22 ’25.
