What Should You Know About Datadog Before Investing?

Shares of Technology sector company Datadog moved 0.6% today, and are now trading at a price of $96.17. The large-cap stock's daily volume was 974,957 compared to its average volume of 5,340,449. The S&P 500 index returned a 0.0% performance.

Datadog, Inc. operates an observability and security platform for cloud applications in North America and internationally. The company is based in New York and has 4,800 full time employees. Its market capitalization is $30,956,328,960.

30 analysts are following Datadog and have set target prices ranging from $70.0 to $127.0 per share. On average, they have given the company a rating of buy. At today's prices, DDOG is trading -2.76% away from its average analyst target price of $98.9 per share.

Over the last year, DDOG's share price has increased by 11.0%, which represents a difference of -4.0% when compared to the S&P 500. The stock's 52 week high is $120.75 per share whereas its 52 week low is $61.34. With average free cash flows of $172.01 Million that have been growing at an average rate of 359.8% over the last 4 years, Datadog is in a position to continue its strong stock performance trend.

Date Reported Cash Flow from Operations ($ k) Capital expenditures ($ k) Free Cashflow ($ k) YoY Growth (%)
2022-12-31 418,407 -64,889 353,518 41.11
2021-12-31 286,545 -36,025 250,520 201.08
2020-12-31 109,091 -25,883 83,208 10419.34
2019-12-31 24,234 -23,443 791 n/a
The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.