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Datadog
DDOG

$117.57
1.28%
 

About: Datadog is a cloud-native company that focuses on analyzing machine data. The firm's product portfolio, delivered via software as a service, allows a client to monitor and analyze its entire IT infrastructure. Datadog's platform can ingest and analyze large amounts of machine-generated data in real time, allowing clients to utilize it for a variety of applications throughout their businesses.

Employees: 5,200

0
Funds holding %
of 6,702 funds
0
Analysts bullish %
of 31 analysts
0
News positive %
of 34 articles

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

37% more repeat investments, than reductions

Existing positions increased: 332 | Existing positions reduced: 242

18% more call options, than puts

Call options by funds: $1.97B | Put options by funds: $1.67B

16% more first-time investments, than exits

New positions opened: 118 | Existing positions closed: 102

2% more funds holding

Funds holding: 778 [Q4 2023] → 794 (+16) [Q1 2024]

3% more capital invested

Capital invested by funds: $28.2B [Q4 2023] → $28.9B (+$724M) [Q1 2024]

0.31% less ownership

Funds ownership: 76.82% [Q4 2023] → 76.51% (-0.31%) [Q1 2024]

15% less funds holding in top 10

Funds holding in top 10: 27 [Q4 2023] → 23 (-4) [Q1 2024]

Research analyst outlook

31 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target
$98
17%
downside
Avg. target
$147
25%
upside
High target
$165
40%
upside

31 analyst ratings

27 positive
87%
neutral
10%
negative
3%
Monness, Crespi, Hardt
Brian White
17%downside
$98
Sell
Downgraded
14 Jun 2024
B of A Securities
Koji Ikeda
32%upside
$155
Buy
Upgraded
30 May 2024
Needham
Mike Cikos
40%upside
$165
Buy
Reiterated
15 May 2024
Wedbush
Taz Koujalgi
32%upside
$155
Outperform
Reiterated
9 May 2024
Barclays
Raimo Lenschow
23%upside
$145
Overweight
Maintained
8 May 2024

Financial journalist opinion

Based on 34 articles about DDOG published over the past 30 days