Datadog Announces Third Quarter 2024 Financial Results

Datadog (DDOG) PT Raised to $150 at DA Davidson

DA Davidson analyst Gil Luria raised the price target on Datadog (NASDAQ: DDOG) to $150.00 (from $140.00) while maintaining a Buy rating.

The analyst comments "Datadog reported another good quarter as customer consumption continues to trend in the right direction. Notably, AI native customer usage is... More

Datadog (DDOG) PT Raised to $162 at Goldman Sachs

Goldman Sachs analyst Kash Rangan raised the price target on Datadog (NASDAQ: DDOG) to $162.00 (from $150.00) while maintaining a Buy rating.

The analyst comments "We reiterate our Buy rating and raise our Price Target to $162 (from $150 prior) on Datadog following strong F3Q results with Revenue +4% above consensus and OpM and FCFM outperformance of +240 / +490 bps. Datadog is +2% mainly as investors are likely balancing ~stable growth... More

Truist Securities Reiterates Buy Rating on Datadog (DDOG)

Truist Securities analyst Joel Fishbein Jr. reiterated a Buy rating and $155.00 price target on Datadog (NASDAQ: DDOG).

The analyst comments "DDOG delivered 3Q24 results with upside to expectations with tailwinds from rapid growth in their AI native cohort. However, continued conservatism in their... More

Monness, Crespi, Hardt Upgrades Datadog (DDOG) to Buy

Monness, Crespi, Hardt analyst Brian White upgraded Datadog (NASDAQ: DDOG) from Neutral to Buy with a price target of $155.00.

The analyst comments "Datadog, Inc. (DDOG Buy $129.89): A Perilous Year Nears an End, Upgrading to BUY. This morning, Datadog reported 3Q:24 upside, issued a healthy 4Q:24... More

Datadog, Inc. (DDOG) Tops Q3 EPS by 6c, Beats on Revenue; Offers FY24 Guidance

Datadog, Inc. (NASDAQ: DDOG) reported Q3 EPS of $0.46, $0.06 better than the analyst estimate of $0.40. Revenue for the quarter came in at $690 million versus the consensus estimate of $665.05 million.

GUIDANCE:

Datadog, Inc. sees FY2024 EPS of $1.75-$1.77, versus the consensus of... More