Datadog remains in growth mode, but a slowing growth trend could derail the stock. At first glance, Datadog (DDOG -0.53%) may look like a stock investors want to accumulate rather than avoid. It has generally risen since early 2023, and a recent turn to profitability tends to bode well for a stock. Unfortunately, troubling signs in the business and its valuation have raised concerns. Changing technology could alter the company's value proposition, yet the stock trades at a premium valuation. Thus, the quest ...

Technology Sector Overview - Most technology stocks, including software stocks, are at record highs, with rallies accelerating in recent weeks [1] - A few software stocks are lagging despite their potential upside, presenting investment opportunities [2] Datadog (DDOG) - Datadog has a $40 billion market cap and offers observability products for enterprises managing large networks, servers, and cloud platforms [3][4] - The company's software is highly rated by Gartner, second only to Dynatrace in completeness and execution, and is particularly strong in cybersecurity [4] - Revenue is expected to grow 24% year-over-year, with another 22% growth projected for next year, and earnings are expected to increase from $1.65 to $1.95 per share [5] - Despite a 37% decline from its late-2021 high, the company's fiscal trajectory suggests strong future growth [3][6] HubSpot (HUBS) - HubSpot is a CRM software company that has grown to a close second to Salesforce in market share, with 25% fewer paying customers [9] - The company is recognized by Gartner as the world's best CRM in terms of execution and customer satisfaction, despite Salesforce's dominance [10] - HubSpot's revenue is expected to grow nearly 19% this year, with earnings growing even faster, indicating strong fiscal capacity [11] Microsoft (MSFT) - Microsoft has underperformed since July, failing to reach record highs like other tech giants, partly due to increased competition in AI [12][13] - Despite AI competition, Microsoft's cloud business is outgrowing competitors, including Amazon, and remains a significant revenue driver [15] - Revenue and earnings are consistently growing in the mid-teens and are expected to continue for several years [15] - Analysts remain bullish, with over 75% rating the stock as a strong buy and a consensus price target of $497.04, nearly 20% above the current price [17]

Investors might want to bet on Datadog (DDOG) , as it has been recently upgraded to a Zacks Rank #1 (Strong Buy). This upgrade primarily reflects an upward trend in earnings estimates, which is one of the most powerful forces impacting stock prices. The Zacks rating relies solely on a company's changing earnings picture. It tracks EPS estimates for the current and following years from the sell-side analysts covering the stock through a consensus measure -- the Zacks Consensus Estimate. Since a changing earn ...

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For Immediate Releases Chicago, IL – October 10, 2024 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: Datadog Inc. (DDOG) , Palo Alto Networks Inc. (PANW) and CyberArk Software Ltd. (CYBR) . Here are highlights from Thursday's Analyst Blog: 3 Cybersecurity Stocks to Buy for Handsome Returns in the Short Term Cybersecu ...

For new and old investors, taking full advantage of the stock market and investing with confidence are common goals. Zacks Premium provides lots of different ways to do both. The popular research service can help you become a smarter, more self-assured investor, giving you access to daily updates of the Zacks Rank and Zacks Industry Rank, the Zacks #1 Rank List, Equity Research reports, and Premium stock screens. It also includes access to the Zacks Style Scores. What are the Zacks Style Scores? The Zacks S ...

BTIG's Chief Market Technician, Jonathan Krinsky, reports that the SPDR S&P Software & Services ETF is maintaining stability above a significant base pattern, showing relative strength and is poised for a breakout. This ETF has risen 3.92% this year, though it experienced a 1.30% decline recently. BTIG recommends Datadog (DDOG, Financial) as it breaks through its base pattern with a continuous upward trend, rising over 7% in the past four days. Datadog has seen a 7.73% increase over the past five days and a ...

Datadog Today | --- | --- | --- | --- | --- | |----------------------|-------|-------|-------|-------| | | | | | | | | | | | | | DDOG | | | | | | Datadog | | | | | | $122.52 | | | | | | -0.17 (-0.14%) | | | | | | 52-Week Range $77.81 | | | | | | ▼ | | | | | | $138.61 | | | | | | P/E Ratio 382.88 | | | | | | Price Target $140.85 | | | | | | | | | | | Add to Watchlist Datadog Inc. NASDAQ: DDOG provides a cloud-based security information and events management (SIEM) observability platform, enabling developers, ...

Taking full advantage of the stock market and investing with confidence are common goals for new and old investors, and Zacks Premium offers many different ways to do both. Featuring daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, the research service can help you become a smarter, more self-assured investor. Zacks Premium also includes the Zacks Style Scores. What are the Zacks Style Scores? The Zacks Style ...

In the digital era, companies are increasingly relying on cloud computing to improve efficiency, smooth functioning, scalability and flexibility in their operations. The growing acceptance of cloud computing has made it one of the most in-demand avenues in the tech industry. Cloud computing companies have been performing exceptionally well since 2023 as tech stocks have been driving the broader market rally. The Federal Reserve's jumbo rate cut of 50 basis points should further help growth stocks including ...