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Added to YB: 2024-02-29

Pitch date: 2024-02-27

DDOG [bullish]

Datadog, Inc.

+12.49%

current return

Author Info

No bio for this author

Company Info

Datadog, Inc. operates an observability and security platform for cloud applications in the United States and internationally.

Market Cap

$56.1B

Pitch Price

$129.79

Price Target

150.00 (+3%)

Dividend

N/A

EV/EBITDA

759.28

P/E

516.44

EV/Sales

16.58

Sector

Software

Category

growth

Show full summary:
$DDOG - Strong Growth Drivers and Capital Efficiency (Citi)

DDOG: Citi maintains Buy, $150 PT. High NRR & logo adds from effective GTM. Core observability to keep penetrating TAM on AI-powered apps needing monitoring. Potential in security & devops beyond SaaS. Disciplined M&A, >20% growth & margins at $2B+ run rate set it apart in enterprise software.

Read full article (2 min)