Large-cap Technology company Datadog has logged a -0.2% change today on a trading volume of 468,507. The average volume for the stock is 6,990,809.
Datadog, Inc. operates an observability and security platform for cloud applications in the United States and internationally. Based in New York, United States the company has 6,500 full time employees and a market cap of $44,688,183,296.
The company is now trading -19.88% away from its average analyst target price of $159.93 per share. The 40 analysts following the stock have set target prices ranging from $105.0 to $200.0, and on average give Datadog a rating of buy.
Over the last 52 weeks, DDOG stock has risen 10.7%, which amounts to a -3.8% difference compared to the S&P 500. The stock's 52 week high is $170.08 whereas its 52 week low is $81.63 per share. Based on Datadog's average net margin growth of 15.5% over the last 6 years, its core business is on track for profitability and its strong stock performance may continue in the long term.
| Date Reported | Total Revenue ($ k) | Net Profit ($ k) | Net Margins (%) | YoY Growth (%) |
|---|---|---|---|---|
| 2024 | 2,684,275 | 183,746 | 7 | 250.0 |
| 2023 | 2,128,359 | 48,568 | 2 | 166.67 |
| 2022 | 1,675,100 | -50,160 | -3 | -50.0 |
| 2021 | 1,028,784 | -20,745 | -2 | 50.0 |
| 2020 | 603,466 | -24,547 | -4 | 20.0 |
| 2019 | 362,780 | -16,710 | -5 |
