Datadog(DDOG)

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Datadog Named a Leader in the 2024 Gartner® Magic Quadrant™ For Digital Experience Monitoring
Prnewswire· 2024-10-24 16:11
Datadog was positioned the highest in its Ability to Execute NEW YORK, Oct. 24, 2024 /PRNewswire/ -- Datadog, Inc. (NASDAQ: DDOG), the monitoring and security platform for cloud applications, today announced it has been named a Leader in the first ever Gartner Magic Quadrant for Digital Experience Monitoring (DEM). Datadog's DEM solution includes Synthetic Monitoring and Testing, Real User Monitoring (RUM), Product Analytics, Session Replay and Error Tracking capabilities for browser and mobile applications ...
Datadog: Deserving Of Its Premium Valuation
Seeking Alpha· 2024-10-22 07:10
I have written about Datadog on Seeking Alpha, which can be found here . Like inDatadog (NASDAQ: DDOG ) has been punished by the market as a result of the weakness we saw in the overall software industry in 2024.Outperforming the MarketOutperforming the Market is focused on helping you outperform the market while having downside protection during volatile markets by providing you with comprehensive deep dive analysis articles, the AI deep dive report, and access to The Barbell Portfolio.The Barbell Portfoli ...
Datadog's State of Cloud Security 2024 Finds Room for Improvement in the Use of Long-Lived Credentials Across All Major Clouds
Prnewswire· 2024-10-21 20:05
The report found that 46% of organizations are using unmanaged users with long-lived credentialsNEW YORK, Oct. 21, 2024 /PRNewswire/ -- Datadog, Inc. (NASDAQ: DDOG), the monitoring and security platform for cloud applications, today announced its new report, the State of Cloud Security 2024. The report found that long-lived credentials continue to be a major risk for organizations across all cloud providers.Long-lived cloud credentials never expire and frequently get leaked in source code, container images, ...
Will Datadog (DDOG) Beat Estimates Again in Its Next Earnings Report?
ZACKS· 2024-10-21 17:15
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 26.13%.For the ...
The Investment Opportunity of a Lifetime: 2 AI Stocks Up 160% and 305% in 5 Years to Buy Now
The Motley Fool· 2024-10-21 08:12
Artificial intelligence could be one of the most transformative technologies in history.Analysts at the Switzerland-based investment bank UBS believe artificial intelligence (AI) will be "the most profound innovation and one of the largest investment opportunities in human history." But that grandiose phrasing fails to capture how transformative the technology could be.Demis Hassabis, CEO of DeepMind, estimates humankind could achieve artificial general intelligence (AGI) by 2030, meaning a level of superin ...
AI Software Sales Could Soar 1,080%: 2 Brilliant AI Stocks to Buy Now That Come Highly Rated by Wall Street
The Motley Fool· 2024-10-18 07:33
Artificial Intelligence Software Growth - Artificial intelligence software sales are projected to grow from $1.1 trillion to $13 trillion by 2030, implying an annual growth rate of nearly 50% and a total increase of 1,080% by the end of the decade [1] Datadog Overview - Datadog provides observability software with nearly two dozen applications that help businesses monitor, analyze, and troubleshoot IT infrastructure performance issues [2] - The company's AI engine, Watchdog, detects anomalies, surfaces insights, and automates root cause analysis to expedite incident resolution [2] - Datadog has been recognized as a leader in observability platforms by Gartner for four consecutive years and has a strong presence in cloud infrastructure monitoring, log monitoring, and server monitoring [2] Datadog Financial Performance - Datadog's Q2 revenue increased 27% to $645 million, with non-GAAP earnings jumping 48% to $0.43 per diluted share [3] - The company saw a 10% increase in customers and a mid-teens increase in spend per existing customer [3] - Management raised full-year guidance, forecasting a 23% revenue increase in 2024 [3] Datadog Market Opportunity - Datadog's robust portfolio creates cross-sell opportunities and appeals to businesses seeking comprehensive platforms [3] - The company's LLM Observability product addresses the growing demand for AI software, particularly for large language models and generative AI applications [3] - Datadog has tapped less than 5% of its $51 billion addressable market, indicating significant growth potential [4] ServiceNow Overview - ServiceNow provides software that digitizes business processes across IT, customer workflows, employee workflows, creator workflows, and finance and supply chain workflows [5] - The company has integrated AI into its software for years, including predictive intelligence, AI search, and virtual agents [5] - ServiceNow recently launched Now Assist, a suite of generative AI tools that summarize information and draft text [5] ServiceNow Market Leadership - ServiceNow is the market leader in IT service management, IT asset management, and AI for IT operations software [6] - The company is also recognized for its leadership in multicloud and hybrid cloud management, digital process automation, and customer service solutions [6] - Recent investments in generative AI and partnerships with Nvidia are expected to keep ServiceNow at the forefront of innovation [6] ServiceNow Financial Performance - ServiceNow's Q2 revenue increased 22% to $2.6 billion, driven in part by momentum with generative AI products [6] - Non-GAAP net income increased 32% to $3.13 per diluted share, with a renewal rate of 98% and a 31% jump in remaining performance obligation [6] ServiceNow Growth Prospects - Wall Street expects ServiceNow's adjusted earnings to grow at 20% annually through 2025 [7] - The company's addressable market is projected to reach $275 billion by 2026, and Now Assist is described as the fastest-growing new product in its history [7]
Datadog Announces Date of Third Quarter Fiscal Year 2024 Earnings Call
Prnewswire· 2024-10-17 20:05
NEW YORK, Oct. 17, 2024 /PRNewswire/ -- Datadog, Inc. (NASDAQ:DDOG), the monitoring and security platform for cloud applications, today announced that it will report its third quarter fiscal year 2024 financial results before the U.S. financial markets open on Thursday, November 7, 2024. In conjunction with this announcement, Datadog will host a conference call on Thursday, November 7, 2024 at 8:00 a.m. Eastern Time to discuss the Company's financial results and financial guidance. To access the conference ...
Datadog (DDOG) Is Up 5.80% in One Week: What You Should Know
ZACKS· 2024-10-17 17:01
Momentum investing revolves around the idea of following a stock's recent trend in either direction. In the 'long' context, investors will be essentially be "buying high, but hoping to sell even higher." With this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades. Even though momentum is a popular stock cha ...
Datadog (DDOG) Falls More Steeply Than Broader Market: What Investors Need to Know
ZACKS· 2024-10-15 22:51
Datadog (DDOG) closed the latest trading day at $126.77, indicating a -1.82% change from the previous session's end. The stock's change was less than the S&P 500's daily loss of 0.76%. Elsewhere, the Dow lost 0.75%, while the tech-heavy Nasdaq lost 1.01%. Shares of the data analytics and cloud monitoring company have appreciated by 15.91% over the course of the past month, outperforming the Computer and Technology sector's gain of 5.51% and the S&P 500's gain of 4.31%. Market participants will be closely fo ...
Datadog Rises 15% in a Month: Should Investors Buy the Stock?
ZACKS· 2024-10-15 17:10
In a notable surge over the past month, shares of Datadog (DDOG) have climbed an impressive 15%, outperforming the Zacks Computer and Technology sector's rise of 4.8%, catching the attention of investors and market analysts alike. Datadog's core business model revolves around providing organizations with real-time insights into their cloud infrastructure and application performance. This cloud monitoring and analytics platform has been riding a wave of increased demand for its services as businesses continu ...