Growth is slowing, but profits and cash flows are getting stronger.In this video, Motley Fool contributor Jason Hall breaks down why Datadog (DDOG -10.30%) stock fell sharply after earnings and, despite the sell-off, why he thinks it's a buy now.*Stock prices used were from the morning of May 7, 2024. The video was published on May 7, 2024. ...

Datadog (DDOG) came out with quarterly earnings of $0.44 per share, beating the Zacks Consensus Estimate of $0.34 per share. This compares to earnings of $0.28 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 29.41%. A quarter ago, it was expected that this data analytics and cloud monitoring company would post earnings of $0.43 per share when it actually produced earnings of $0.44, delivering a surprise of 2.33%.Over the last ...

First quarter revenue grew 27% year-over-year to $611 million Strong growth of larger customers, with about 3,340 $100k+ ARR customers, up from about 2,910 a year ago Announced general availability of Bits AI for Incident Management, Event Management, Error Tracking for Logs, and Mobile App Testing Exhibit 99.1 Datadog Announces First Quarter 2024 Financial Results May 7, 2024 Second Quarter and Full Year 2024 Outlook: Based on information as of today, May 7, 2024, Datadog is providing the following guidanc ...

Datadog (DDOG) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future.Shares of this data analytics and cloud monitoring company have returned +2.4% over the past month versus the Zacks S&P 500 composite's -3% change. The Zacks Internet - Software industry, to which Datadog belongs, has lost 4.1% over this period. Now the key question is: Where could the stock be headed i ...

These companies have a strong presence in growing markets and shares trade at reasonable valuations. Those qualities could send both stocks higher in the long term.The S&P 500 (^GSPC 1.20%) just had its second-strongest first quarter in the past decade. The index advanced 10.2% during the three-month period that ended in March, notching 22 record highs along the way.Meanwhile, valuations across the stock market have become much more expensive, but buying opportunities still exist. For instance, Datadog (DDO ...

The latest trading session saw Datadog (DDOG) ending at $119.91, denoting a -0.15% adjustment from its last day's close. This move lagged the S&P 500's daily gain of 0.87%. On the other hand, the Dow registered a gain of 0.67%, and the technology-centric Nasdaq increased by 1.11%.Shares of the data analytics and cloud monitoring company witnessed a loss of 2.38% over the previous month, beating the performance of the Computer and Technology sector with its loss of 5.98% and the S&P 500's loss of 3.97%.Marke ...

The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price. Do they really matter, though?Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about Datadog (DDOG) .Datadog currently has an average brokerage recomm ...

The report also found that adoption of DevOps practices leads to improved security outcomes NEW YORK, April 17, 2024 /PRNewswire/ -- Datadog, Inc. (NASDAQ: DDOG), the monitoring and security platform for cloud applications, today announced its new report, the State of DevSecOps 2024. The report found that a surprising amount of organizations aren't embracing automation when it comes to securing cloud deployments. At least 38% of organizations leveraging AWS had deployed workloads or completed sensitive acti ...

NEW YORK, April 16, 2024 /PRNewswire/ -- Datadog, Inc. (NASDAQ:DDOG), the monitoring and security platform for cloud applications, today announced that it will report its first quarter fiscal year 2024 financial results before the U.S. financial markets open on Tuesday, May 7, 2024. In conjunction with this announcement, Datadog will host a conference call on Tuesday, May 7, 2024 at 8:00 a.m. Eastern Time to discuss the Company's financial results and financial guidance. To access the conference call by pho ...

Datadog (DDOG) closed the latest trading day at $125.82, indicating a -1.33% change from the previous session's end. This change lagged the S&P 500's 1.2% loss on the day. Meanwhile, the Dow experienced a drop of 0.65%, and the technology-dominated Nasdaq saw a decrease of 1.79%.The the stock of data analytics and cloud monitoring company has risen by 5.89% in the past month, leading the Computer and Technology sector's loss of 0.51% and the S&P 500's loss of 0.85%.The investment community will be closely m ...