Professional
Added to YB: 2024-05-31
Pitch date: 2024-05-30
DDOG [bullish]
Datadog, Inc.
+27.23%
current return
Author Info
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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
$114.75
Price Target
155.00 (+6%)
Dividend
N/A
EV/EBITDA
759.28
P/E
516.44
EV/Sales
16.58
Sector
Software
Category
growth
Show full summary:
Datadog's Robust Platform: Key to Outperforming Market Peers (BofA)
DDOG: BofA upgrades to Buy, PT $155. $53B market opp w/ 22 products. Attractive for spend consolidators & bleeding edge tech seekers. Expects 20%+ rev growth + 20%+ FCF margin (Rule of 40+), well above infra peer avg of 30%. Helps orgs monitor app & infra performance for high quality UX.
Read full article (1 min)