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Unfortunately for Datadog bulls, the company's forecast may make investors less willing to pay such a premium. It forecasts revenue of $2.63 billion in 2024, implying a yearly growth rate of 24%.
The Wall Street Journal tracks 42 analysts who cover Datadog stock, and 28 have given it the highest possible buy rating. A further seven are in the overweight (bullish) camp, while seven others ...
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Datadog, Inc. Datadog, Inc. is an American company that provides an observability service for cloud-scale applications, providing monitoring of servers, databases, tools, and services, through a SaaS -based data analytics platform. Founded and headquartered in New York City, the company is a publicly traded entity on the Nasdaq stock exchange.
A new report from Datadog has found that serverless computing could be entering the mainstream with over half of all organizations using serverless on one of the three major clouds – Amazon ...
Read the latest news about Datadog on TechCrunch. The domestic stock market is advancing today on the back of some better-than-anticipated economic recovery data in the United States.
Datadog raised its annual revenue forecast to $2.62 billion to $2.63 billion from its earlier expectation of $2.59 billion to $2.61 billion. It now expects adjusted profit between $1.62 and $1.66 ...
Even more, the Bessemer cloud index notes that Datadog is growing at around 80% and is worth 41x its current, annualized revenue. That’s ballpark for where Databricks is today, again indicating ...