The Latest Breaking News from DDOG

A whale with a lot of money to spend has taken a noticeably bearish stance on Datadog. Looking at options history for Datadog (NASDAQ:DDOG) we detected 17 strange trades.

Datadog Inc (NASDAQ: DDOG) shares are trading higher Thursday amid overall market strength in the technology and software sector. 

Datadog reported March-quarter earnings and revenue that topped analyst estimates, while guidance came in above expectations.

Rapid technological innovation, increasing consumer inclination toward digital platforms, and growing business automation bode well for the software industry. That is why Wall Street analysts expect high-growth software stocks Datadog (DDOG), HubSpot (HUBS), and Snowflake (SNOW) to rally more than 47% in price in the coming months. Let’s discuss.

BTIG analyst Gray Powell initiated coverage of Datadog Inc (NASDAQ:DDOG) with a Buy rating and $175 price target (24.9% upside).  Powell saw the observability market benefiting over the next few years as companies increasingly invest in digital transformation initiatives. Powell saw Datadog "winning across multiple product categories."  Powell's checks indicate Datadog as the most innovative…

Within the last quarter, Datadog (NASDAQ:DDOG) has observed the following analyst ratings:

The market rally sold off Thursday as bond yields soared on hot inflation data and expectations of a "dramatically" more-hawkish Fed.

Datadog Inc (NASDAQ:DDOG) reported fourth-quarter FY21 revenue growth of 84% year-on-year to $326.2 million, beating the consensus of $291.5 million. As of December 31, Datadog had 2,010 customers with an ARR of $100,000 or more, increasing 63% Y/Y. The non-GAAP gross margin expanded 200 bps to 80%. The non-GAAP operating margin expanded 1,200…

  Datadog (NASDAQ:DDOG) reported its Q4 earnings results on Thursday, February 10, 2022 at 07:00 AM. Here's what investors need to know about the announcement.