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Added to YB: 2024-05-31

Pitch date: 2024-05-30

DDOG [bullish]

Datadog, Inc.

+1.53%

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

$41.8B

Pitch Price

$114.75

Price Target

155.00 (+33%)

Dividend

N/A

EV/EBITDA

509.41

P/E

384.87

EV/Sales

11.26

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)