Datadog Stock Earns Relative Strength Rating Upgrade
Core Insights - Datadog's Relative Strength (RS) Rating has improved to 83, indicating strong market performance [1] - The RS Rating is a proprietary measure of market leadership, with a score of 80 or above typically associated with top-performing stocks [2] - Datadog's stock remains within a buy zone after surpassing a key entry point of 157.38, with earnings-per-share growth increasing from 5% to 7% and revenue growth rising from 25% to 28% [3] Company Performance - Datadog ranks No. 6 among peers in the Computer Software-Enterprise industry group, with notable competitors including Palantir Technologies, Snowflake, and Cloudflare [4] - The company is expected to report its latest financial results around October 30 [3]