UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 ________________________________________ FORM 10-K ________________________________________ (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ______ to ______ Commission File Number: 001-39051 ________________________________ ...

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?Let's take a look at what these Wall Street heavyweights have to say about Datadog (DDOG) before we discuss the reliability of brokerage recommendations and how to use them to your advantage.Datadog currently has an average b ...

Key PointsDatadog is an infrastructure observability and monitoring platform for enterprises, including 42% of the Fortune 500 companies, up from 37% in the year-ago period.Datadog's CEO calmed investors as the worst of its "optimization" headwind seems to be over as its enterprise team achieves record Q4 2023 bookings.Datadog shares initially fell 9% on its lowered 2024 guidance but managed to surge back up since they are bumping up their hiring and R&D spending in 2024.5 stocks we like better than Datadog ...

Shares of Datadog (DDOG -1.59%) fell after the company released fourth-quarter 2023 results on Feb. 13. Wall Street wasn't satisfied with its outlook, which points toward a further deceleration in growth following a challenging 2023.However, it looks like savvy investors have capitalized on the drop in Datadog stock as it quickly recovered the next day. Let's see why that could have been the case, and if the stock is worth buying right now.Datadog's slowdown initially spooked investorsDatadog, which provide ...

Cloud computing is the essential technology that allows businesses to operate in the digital world. It powers their online applications, connects their employees around the globe, and hosts their online sales channels.The cloud enables businesses of all sizes to reach a global audience, but it does come with technical challenges. Datadog (DDOG -1.59%) created a cloud monitoring platform that is increasingly essential for large organizations with complex digital infrastructure. Now, Datadog is using its expe ...

Cloud computing has revolutionized how we access and protect data. This technology has helped organizations become more efficient and keep costs low. Additionally, it has paved the way for greater flexibility and scalability in managing information and fostering innovation in the ever-evolving landscape of data management. All of this combined has made cloud computing stocks a profitable arena. Investors often look for trends that gain a lot of momentum and pick equities that are capitalizing on those trend ...

Share prices of observability and security software provider Datadog (DDOG 3.40%) have been on a tear over the past few months, gaining nearly 70% since Nov. 1. While the company's fourth-quarter report on Tuesday featured somewhat weak guidance, Wall Street continues to rally behind the stock.Datadog received a slew of price target bumps on Wednesday, with the most optimistic view coming from analysts at Loop Capital. Loop Capital maintained its "buy" rating on the stock and boosted its price target from $ ...

Datadog (DDOG) reported fourth-quarter 2023 non-GAAP earnings per share (EPS) of 44 cents, which increased 109.5% from the year-ago quarter and beat the Zacks Consensus Estimate by 2.33%.The company’s net revenues of $589.6 million rose 25.6% year over year and beat the consensus estimate by 4.05%.Quarter DetailsThe company ended the fourth quarter with 27,300 customers, up from 23,200 in the prior-year period.In the fourth quarter of 2023, Datadog had 3,190 customers with an annual run rate (ARR) of $100,0 ...

Shares of Datadog (DDOG -2.35%) fell as much as 8.4% early Tuesday, then briefly turned positive before closing the day down 2.4% after the cloud-based data analytics platform's conservative forward outlook overshadowed an otherwise strong quarterly update.Datadog is enjoying operating leverage at scaleDatadog's fourth-quarter 2023 revenue grew 26% year over year to $589.6 million, translating to generally accepted accounting principles (GAAP) net income of $0.15 per share (compared to a loss of $0.09 per s ...

Datadog, Inc. (NASDAQ:DDOG) Q4 2023 Earnings Call Transcript February 13, 2024 8:00 AM ET Company Participants Yuka Broderick - VP of IR Olivier Pomel - Co-Founder and CEO David Obstler - CFO Conference Call Participants Sanjit Singh - Morgan Stanley Mark Murphy - JPMorgan Raimo Lenschow - Barclays Ray McDonough - Guggenheim Ittai Kidron - Oppenheimer Mike Cikos - Needham Frederick Havemeyer - Macquarie Capital Patrick Colville - Scotiabank Keith Bachman - BMO Operator Good day, and thank you for standing b ...