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Datadog (DDOG) Flat As Market Gains: What You Should Know
DatadogDatadog(US:DDOG) ZACKSยท2025-02-06 23:50

Company Performance - Datadog (DDOG) closed at $144.85, showing no change from the previous day, which is less than the S&P 500's daily gain of 0.36% [1] - Over the last month, Datadog's shares increased by 2.09%, outperforming the Computer and Technology sector's 0% but slightly lagging behind the S&P 500's gain of 2.11% [1] Upcoming Earnings - Datadog's earnings report is scheduled for February 13, 2025, with expected earnings of $0.43 per share, reflecting a year-over-year decline of 2.27% [2] - The consensus estimate for quarterly revenue is $711.65 million, which represents a 20.69% increase from the same period last year [2] Analyst Estimates - Recent changes to analyst estimates indicate positive sentiment regarding Datadog's business and profitability [3] - The Zacks Consensus EPS estimate has increased by 0.35% in the past month, and Datadog currently holds a Zacks Rank of 3 (Hold) [5] Valuation Metrics - Datadog's Forward P/E ratio is 74.39, significantly higher than the industry's average Forward P/E of 31.23 [6] - The company has a PEG ratio of 5, compared to the Internet - Software industry's average PEG ratio of 2.34 [6] Industry Context - The Internet - Software industry, part of the Computer and Technology sector, has a Zacks Industry Rank of 73, placing it in the top 30% of over 250 industries [7] - Research indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [7]