Analysts rate Datadog Inc. (DDOG:NSD) with a Strong Buy rating and a $154 target

STA Research
by: STA Research
Datadog Inc.

Analysts rate Datadog Inc. (DDOG:NSD) with a consensus Strong Buy rating and an average DDOG stock price target of $154.50 per share over the next 12 months.

Based on the Datadog Inc. stock forecast from 18 analysts, the average analyst DDOG stock price target is USD 154.50 over the next 12 months. Datadog Inc’s average analyst rating is Strong Buy. Stock Target Advisor’s own stock analysis of Datadog stock forecast is Slightly Bearish, which is based on 4 positive signals and 6 negative signals. At the last closing, DDOG stock price was USD 105.30DDOG stock price has changed by -4.72% over the past week, +11.51% over the past month and -22.36% over the last year.

About Datadog Inc. (DDOG:NSD):

Datadog, Inc. provides monitoring and analytics platform for developers, information technology operations teams, and business users in the cloud in North America and internationally. The company’s SaaS platform integrates and automates infrastructure monitoring, application performance monitoring, log management, and security monitoring to provide real-time observability of its customers technology stack. Its platform also provides user experience monitoring, network performance monitoring, cloud security, developer-focused observability, and incident management, as well as a range of shared features, such as dashboards, analytics, collaboration tools, and alerting capabilities. The company was incorporated in 2010 and is headquartered in New York, New York.

Most Recent Analyst Ratings for Datadog:

 

What we like:

High market capitalization

This is one of the largest entities in its sector and is among the top quartile. Such companies tend to be more stable.

Superior risk adjusted returns

Datadog stock prediction shows that the stock has performed well, on a risk adjusted basis, compared to its sector peers (for a hold period of at least 12 months) and is in the top quartile.

Positive cash flow

The company had positive total cash flow in the most recent four quarters.

Positive free cash flow

The company had positive total free cash flow in the most recent four quarters.

What we don’t like:

High volatility

The total returns for this company are volatile and above median for its sector over the past 5 years. Make sure you have the risk tolerance for investing in such stock.

Overpriced compared to earnings

DDOG stock price target is trading high compared to its peers on a price to earning basis and is above the sector median.

Overpriced compared to book value

Datadog stock forecast shows that the stock is trading high compared to its peers median on a price to book value basis.

Overpriced on cashflow basis

Datadog stock forecast shows that the stock is trading high compared to its peers on a price to cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.

Highly leveraged

The company is in the bottom half compared to its sector peers on debt to equity and is highly leveraged. However, do check the Datadog stock forecast and look at its sector and management statements. Sometimes this is high because the company is trying to grow aggressively.

Overpriced on free cash flow basis

DDOG stock price is trading high compared to its peers on a price to free cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.

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