What is the best trade option for Datadog Inc (DDOG) stock?

Datadog Inc [DDOG] stock prices are up 1.84% to $148.09 at the moment. An important factor to consider is whether the stock is rising or falling in short-term value. The DDOG shares have gain 2.24% over the last week, with a monthly amount glided 7.31%, 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 29, 2025, when Stifel downgraded its rating to a Hold and also revised its price target to $140 from $165. Previously, Cantor Fitzgerald started tracking the stock with Overweight rating on January 17, 2025, and set its price target to $180. On January 16, 2025, downgrade downgraded it’s rating to Equal-Weight but maintained its price target of $143 on the stock. Truist downgraded its rating to a Hold and decreased its price target to $150 on January 07, 2025. Macquarie initiated its recommendation with a Outperform and recommended $200 as its price target on December 12, 2024. BMO Capital Markets reiterated a Outperform rating for this stock on November 08, 2024, and upped its price target to $145. In a note dated November 07, 2024, Monness Crespi & Hardt upgraded an Buy rating on this stock but restated the target price of $155.

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 $153.88 within the next 12 months. Datadog Inc [NASDAQ: DDOG] shares were valued at $148.09 at the most recent close of the market. An investor can expect a potential return of 3.91% 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 0.37.

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 145.19 points at the first support level, and at 142.29 for the second support level. However, for the 1st resistance point, the stock is sitting at 150.00, and for the 2nd resistance point, it is at 151.91.

Ratios To Look Out For

It’s worth pointing out that Datadog Inc [NASDAQ:DDOG]’s Current Ratio is 2.10. On the other hand, the Quick Ratio is 2.10, and the Cash Ratio is 0.19. Considering the valuation of this stock, the price to sales ratio is 19.84, the price to book ratio is 19.11 and price to earnings (TTM) ratio is 274.14.

Transactions by insiders

Recent insider trading involved Pomel Olivier, Chief Executive Officer, that happened on Feb 10 ’25 when 0.12 million shares were sold. Director, OLIVIER POMEL completed a deal on Feb 10 ’25 to buy 0.12 million shares. Meanwhile, Director Agarwal Amit sold 25000.0 shares on Feb 05 ’25.

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