Shares of Large-cap technology company Datadog moved 3.0 this afternoon, and are now trading at $90.7 per share. On the other hand, the average analyst target price for the stock is $105.47.
Datadog, Inc. operates an observability and security platform for cloud applications in North America and internationally.
Potential Datadog Investors Should Analyze the Following:
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Datadog has moved 12.0% over the last year.
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The company has a price to earnings growth (PEG) ratio of 2.07. A number between 0 and 1 could mean that the market is undervaluing Datadog's estimated growth potential
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Its Price to Book (P/B) ratio is 17.85
Understanding Datadog's Operating Margins
| Date Reported | Total Revenue ($ k) | Operating Expenses ($ k) | Operating Margins (%) | YoY Growth (%) |
|---|---|---|---|---|
| 2023-02-24 | 1,675,100 | -1,387,052 | -4 | -100.0 |
| 2022-02-25 | 1,028,784 | -813,695 | -2 | 0.0 |
| 2021-03-01 | 603,466 | -487,042 | -2 | 66.67 |
| 2020-02-07 | 362,780 | -293,971 | -6 |
Averaging out to -3.5% over the last 4 years, Datadog's operating margins also have a high coefficient of variability, which stands at 54.7%. On the other hand, we note that the firm's margins are growing at a 12.6% compounded average yearly rate.
