NEW YORK, Jan. 16, 2024 /PRNewswire/ -- Datadog, Inc. (NASDAQ:DDOG), the monitoring and security platform for cloud applications, today announced that it will host an Investor Day on Thursday, February 15 in New York City starting at 1:00 p.m. ET. For in-person attendance, please contact our team at [email protected] for more information. For virtual attendance registration and webcast details, please click this link. For those unable to attend the Investor Day, a replay will be made available after the eve ...

Looking for a stock that has been consistently beating earnings estimates and might be well positioned to keep the streak alive in its next quarterly report? Datadog (DDOG) , which belongs to the Zacks Internet - Software industry, could be a great candidate to consider.This data analytics and cloud monitoring company has an established record of topping earnings estimates, especially when looking at the previous two reports. The company boasts an average surprise for the past two quarters of 30.46%.For the ...

Artificial intelligence (AI) is still a nascent technology, but it will weave its way into more products and experiences in the years ahead. In doing so, AI will undoubtedly become a multitrillion market, reshaping businesses and even entire industries in the process.Wedbush analyst Dan Ives recently wrote, "[W]e believe the stage is set for a '1995 moment' as AI is the most transformational technology we have seen since the internet started to take shape." That points to tremendous value creation, so much ...

For years, big data has been quite the abstract theme for many investors who aren’t well-versed in data science. Indeed, many investors may still misunderstand what firms within the big data space bring to the table. From the analytics of massive data sets to tools that help enterprises better manage, visualize and interpret vast troves of data, there are plenty of different angles to play big data. Undoubtedly, last year’s incredible surge in artificial intelligence (AI) companies put big data dynamos in t ...

Datadog (DDOG) ended the recent trading session at $120.19, demonstrating a -0.82% swing from the preceding day's closing price. This change lagged the S&P 500's 0.57% gain on the day. On the other hand, the Dow registered a gain of 0.46%, and the technology-centric Nasdaq increased by 0.75%.Heading into today, shares of the data analytics and cloud monitoring company had gained 5.69% over the past month, outpacing the Computer and Technology sector's gain of 1.51% and the S&P 500's gain of 3.4% in that tim ...

Datadog (DDOG) could be a solid choice for investors given its recent upgrade to a Zacks Rank #2 (Buy). An upward trend in earnings estimates -- one of the most powerful forces impacting stock prices -- has triggered this rating change.A company's changing earnings picture is at the core of the Zacks rating. The system tracks the Zacks Consensus Estimate -- the consensus measure of EPS estimates from the sell-side analysts covering the stock -- for the current and following years.The power of a changing ear ...

The Nasdaq Composite (^IXIC 0.09%) tumbled 33% in 2022 as recession fears rattled Wall Street, notching its worst annual performance since the Great Recession. The index has suffered a double-digit decline in a calendar year only nine times since its inception in 1971.Historically, those drawdowns have come with a silver lining. The Nasdaq usually rebounds strongly during the 24 months following an annual decline. Specifically, following a one-year decline of at least 10%, the Nasdaq has returned a median o ...

The most recent trading session ended with Datadog (DDOG) standing at $113.02, reflecting a +0.53% shift from the previouse trading day's closing. The stock outpaced the S&P 500's daily loss of 0.34%. Meanwhile, the Dow gained 0.03%, and the Nasdaq, a tech-heavy index, lost 0.56%.The data analytics and cloud monitoring company's stock has dropped by 1.65% in the past month, falling short of the Computer and Technology sector's gain of 1.27% and the S&P 500's gain of 2.56%.Market participants will be closely ...

Datadog, Inc. (NASDAQ:DDOG) Barclays Global Technology Conference December 6, 2023 4:20 PM ET Company Participants David Obstler - CFO Conference Call Participants Unidentified Analyst Hey, guys, welcome to our next session. We were just debating if we talk one more time about cloud optimization or we talk on [indiscernible]. And then we decided we might do some [indiscernible] again. David Obstler But I rejected the [indiscernible]. In fact don't even know what it is. But he said he would talk about the U ...

Summary of Datadog, Inc. Conference Call Company Overview - **Company**: Datadog, Inc. (NASDAQ: DDOG) - **Event**: UBS Global Technology Conference - **Date**: November 28, 2023 - **Participants**: - David Obstler - CFO - Yuka Broderick - VP, IR & Strategic Finance - Karl Keirstead - UBS Key Points Industry and Market Environment - The current market environment is showing signs of stabilization after a period of cost optimization among larger cloud-native customers [4][5] - Datadog's customer base has continued to grow, with signs of stabilization in usage and contract commitments from larger spenders [4][5] - The company is cautious about future cost control measures, acknowledging ongoing risk factors in the market [5] Customer Segments - Datadog's customer base is divided into three segments: enterprise (over 5,000 employees), mid-market, and small businesses (under 1,000 employees) [13] - Small and mid-sized businesses (SMBs) are showing the highest usage growth, attributed to their ongoing digital transformation and the necessity of observability tools [14][15] - The company has not seen disproportionate impacts across customer segments, indicating resilience in its SMB segment [14][15] Growth Drivers - Datadog is experiencing growth from multiple drivers, including: - Migration of workloads to the cloud and development of new applications [16][18] - Expansion of product offerings, including infrastructure monitoring, logs, and application performance monitoring (APM) [19][20] - Increased demand for unified observability solutions as clients seek to manage multiple signals from a single platform [19][20] - The company has seen a doubling in revenue from new product offerings, contributing significantly to net retention [19] Competitive Landscape - Datadog's competitive advantage lies in its flexible platform designed for modern applications, contrasting with competitors who have struggled to adapt [30][31] - The company views open-source solutions and cloud tools as both competitors and partners, emphasizing the importance of real-time observability [36][37] - The transition to DevSecOps is ongoing, with Datadog focusing on cloud and application security rather than endpoint security [33][34] AI and Future Opportunities - Datadog is currently generating 2% to 2.5% of its annual recurring revenue (ARR) from AI startups, with potential for growth as AI workloads increase [39] - The company is investing in building integrations and enhancing its platform to support AI-driven observability solutions [42][43] Financial Outlook and Margins - Datadog has maintained a focus on efficiency and optimization, achieving a margin of around 24%, which may have been an overshoot [45][46] - The company aims to balance long-term revenue growth with margin protection, indicating a cautious approach to future investments [45][46] Conclusion - Datadog is positioned well within the observability market, with a strong focus on customer segments, product expansion, and adapting to market trends. The company remains optimistic about long-term growth despite current economic uncertainties.