DatadogDDOG
Market Cap: 39.6B
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
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
34 Wall Street Analysts provided 1 year price forecasts over the past 6 months
34 analyst ratings
Cantor Fitzgerald Yi Fu Lee | 27%upside $150 | Overweight Reiterated | 22 Jul 2024 |
Mizuho Gregg Moskowitz | 31%upside $155 | Outperform Upgraded | 16 Jul 2024 |
Evercore ISI Group Kirk Materne | 27%upside $150 | Outperform Initiated | 15 Jul 2024 |
Loop Capital Yun Kim | 35%upside $160 | Buy Maintained | 5 Jul 2024 |
Needham Mike Cikos | 39%upside $165 | Buy Reiterated | 27 Jun 2024 |
Financial journalist opinion
Based on 36 articles about DDOG published over the past 30 days