Ideas And Forecasts On Datadog Inc (NASDAQ: DDOG)

Datadog Inc (NASDAQ:DDOG) currently has a daily average trading volume of 3.19M but it saw 2071561 shares traded in last market. With a market cap of 40.97B USD, the company’s current market price of $121.52 came falling about -2.49 while comparing to the previous closing price of $124.62. In past 52 weeks, the stock remained buoying in the range of price level as high as $138.61 and as low as $77.81. In the recent trading on the day, stock has struck highest price mark of $121.07 while lowest mark touched by it was $125.51.

The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the UBS which upgraded the stock as “Buy” in its note to investors issued on October 18, 2024, recommending a price target of between $125 and $150 for it. DA Davidson also issued its recommendations for the stock as it upgraded the price target for the stock in the range of between $115 and $140.

Over the week, DDOG’s stock price is moving -3.56% down while it is 3.59% when we observe its performance for the past one month. Year-to-date it is 0.12% up and over the past year, the stock is showing an upside performance of 41.83%.

Currently, Datadog Inc’s total number of outstanding shares is 305.40M. Company’s return on investment (ROI) stands at 6.27% and return on equity (ROE) at 8.04%. It has a price to earnings ratio (P/E ratio) of 264.17 while having a 62.68 of forward P/E ratio. Stock’s beta reads 1.11. Stock has a price to book (P/B) ratio of 17.00 while price to sale or P/S ratio amounts to 17.12. Its return on asset (ROA) is 4.22% on average.