Datadog (DDOG -4.22%) stock is losing ground in Wednesday's trading. The company's share price was down 4.9% as of 2:30 p.m. ET. At the same point in the day's trading, the S&P 500 index was down 0.9%, and the Nasdaq Composite index had declined 1.2%.After the market closed yesterday, Stifel published new coverage on Datadog. The firm downgraded its rating on the stock from buy to hold and cut its one-year price target from $165 per share to $140 per share. As of this writing, Stifel's new target implies do ...

Core Viewpoint - Stifel analyst Brad Reback downgraded Datadog Inc from Buy to Hold, lowering the price forecast from $165 to $140, citing concerns over growth and margin challenges [1][6] Group 1: Contract and Revenue Outlook - Datadog has secured a one-year contract renewal with OpenAI, but OpenAI is optimizing its use of Datadog's services, which may limit growth potential [1][2] - The expected annualized value of the contract with OpenAI is $80 million, leading to only modest growth expectations despite increased usage [2] - There is a forecast for a potential significant quarter-over-quarter revenue decline in the first quarter as new contract terms take effect [2] Group 2: Growth and Margin Challenges - The optimization strategies by OpenAI, along with typical pricing pressures during contract renewals, suggest a deceleration in Datadog's AWS growth in the fourth quarter and throughout FY25 [3] - The company will need to significantly increase sales and marketing spending to support future revenue expansion, given modest headcount growth in FY23 [4] - Current projections for operating margins in FY25, expected to remain stable at around 25%, may be overly optimistic [4] Group 3: Risk/Reward Assessment - The risk/reward outlook for Datadog appears to lean towards the downside, with expectations that first-quarter guidance could be lower than current estimates [5] - Challenges to revenue growth and margins are anticipated throughout FY25, compounded by the stock's relatively high valuation and strong performance since the third-quarter report [6] - Datadog shares are currently trading lower by 5.73% at $143.18 [6]

After reaching an important support level, Datadog (DDOG) could be a good stock pick from a technical perspective. DDOG surpassed resistance at the 50-day moving average, suggesting a short-term bullish trend.The 50-day simple moving average is a widely used technical indicator that helps determine support or resistance levels for different types of securities. It's one of three major moving averages, but takes precedent because it's the first sign of an up or down trend.DDOG could be on the verge of anothe ...

The most recent trading session ended with Datadog (DDOG) standing at $140.20, reflecting a +0.06% shift from the previouse trading day's closing. The stock's change was less than the S&P 500's daily gain of 0.53%. At the same time, the Dow added 0.93%, and the tech-heavy Nasdaq gained 0.22%.The data analytics and cloud monitoring company's shares have seen a decrease of 5.58% over the last month, not keeping up with the Computer and Technology sector's gain of 3.02% and the S&P 500's gain of 2.69%.Market p ...

Datadog Announces Date of Fourth Quarter and Fiscal Year 2024 Earnings CallJanuary 23, 2025 4:05 PM EST | Source: Datadog, Inc.New York, New York--(Newsfile Corp. - January 23, 2025) - Datadog, Inc. (NASDAQ: DDOG), the monitoring and security platform for cloud applications, today announced that it will report its fourth quarter and fiscal year 2024 financial results before the U.S. financial markets open on Thursday, February 13, 2025. In conjunction with this announcement, Datadog will host ...

Khaveen Investments is a Macroquantamental Hedge Fund managing a portfolio of globally diversified investments. With a vested interest in hundreds of investments spanning diverse asset classes, countries, sectors, and industries, we wield a multifaceted investment approach that combines top-down and bottom-up methodologies, integrating three core investment strategies: global macro, fundamental, and quantitative strategies. We serve accredited investors throughout the globe, which include HNW Individuals, C ...

Datadog (DDOG) closed the latest trading day at $138.40, indicating a +1.18% change from the previous session's end. The stock's performance was ahead of the S&P 500's daily gain of 1%. Meanwhile, the Dow experienced a rise of 0.78%, and the technology-dominated Nasdaq saw an increase of 1.51%.Shares of the data analytics and cloud monitoring company witnessed a loss of 6.9% over the previous month, trailing the performance of the Computer and Technology sector with its loss of 4.13% and the S&P 500's loss ...

Datadog (DDOG) has emerged as a formidable leader in the cloud monitoring and security space, with its stock rallying 15.1% over the past six months. Despite operating in a competitive landscape with established players like New Relic, Dynatrace and Splunk, DDOG has successfully differentiated itself through its unified platform approach and comprehensive multi-cloud integrations. At the heart of Datadog's strategy is its ability to provide comprehensive visibility across multi-cloud infrastructures. By int ...

Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Datadog. The Motley Fool has a disclosure policy. Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool. ...

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 sole determinant of the Zacks rating is a company's changing earnings picture. The Zacks Consensus Estimate -- the consensus of EPS estimates from the sell-side analysts covering the stock -- for the current and following years is tracked by the system.Indivi ...