
Datadog (DDOG) Stock Forecast & Price Target
Datadog (DDOG) Analyst Ratings
Bulls say
Datadog's financial performance reflects strong year-over-year revenue growth of 28% to $885.7 million in Q3, notably exceeding previous estimates and driven by increased demand in cloud migration and digital transformation. The company has seen significant contributions from its AI-native customers, with their cohort now representing 12% of total revenue, while its Security ARR growth accelerated to approximately 55%. Additionally, Datadog has successfully expanded its customer base, adding 600 new clients in Q3 to reach a total of 32,000, which supports a positive outlook for future revenue and performance.
Bears say
The financial outlook for Datadog appears negative due to several fundamental concerns, including higher-than-anticipated operating expenses that impact profitability despite modestly improved operating margins. Additionally, the company faces significant risks such as unfavorable macroeconomic conditions, inconsistent sales execution, and slower-than-expected international expansion, which could adversely affect revenue growth and customer retention. Furthermore, increasing competition in the market, potential security vulnerabilities, and the concentration of voting power could hinder the company's ability to adapt and innovate effectively, raising concerns about its long-term financial health.
This aggregate rating is based on analysts' research of Datadog and is not a guaranteed prediction by Public.com or investment advice.
Datadog (DDOG) Analyst Forecast & Price Prediction
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