Datadog, Inc. (DDOG)
NASDAQ: DDOG · Real-Time Price · USD
154.83
+10.97 (7.63%)
At close: Nov 22, 2024, 4:00 PM
156.17
+1.34 (0.87%)
After-hours: Nov 22, 2024, 7:16 PM EST
Datadog Stock Forecast
Stock Price Forecast
The 27 analysts with 12-month price forecasts for Datadog stock have an average target of 150.19, with a low estimate of 133 and a high estimate of 165. The average target predicts a decrease of -3.00% from the current stock price of 154.83.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for Datadog stock from 27 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 8 | 9 | 10 | 10 | 12 | 14 |
| Buy | 18 | 19 | 17 | 17 | 16 | 13 |
| Hold | 3 | 2 | 2 | 2 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 1 | 1 | 1 | 1 | 1 | 0 |
| Total | 30 | 31 | 30 | 30 | 29 | 27 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| TD Cowen | TD Cowen | Strong Buy Reiterates $165 | Strong Buy | Reiterates | $165 | +6.57% | Nov 19, 2024 |
| Rosenblatt | Rosenblatt | Strong Buy Maintains $140 → $148 | Strong Buy | Maintains | $140 → $148 | -4.41% | Nov 8, 2024 |
| Barclays | Barclays | Buy Maintains $140 → $155 | Buy | Maintains | $140 → $155 | +0.11% | Nov 8, 2024 |
| Citigroup | Citigroup | Strong Buy Maintains $150 → $157 | Strong Buy | Maintains | $150 → $157 | +1.40% | Nov 8, 2024 |
| TD Cowen | TD Cowen | Strong Buy Maintains $160 → $165 | Strong Buy | Maintains | $160 → $165 | +6.57% | Nov 8, 2024 |
Financial Forecast
Revenue This Year
2.70B
from 2.13B
Increased by 27.00%
Revenue Next Year
3.30B
from 2.70B
Increased by 22.01%
EPS This Year
1.73
from 0.14
Increased by 1,132.59%
EPS Next Year
2.04
from 1.73
Increased by 18.15%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 2.8B | 3.6B | 4.7B | ||
| Avg | 2.7B | 3.3B | 4.1B | ||
| Low | 2.6B | 3.1B | 3.7B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 32.8% | 34.1% | 42.1% | ||
| Avg | 27.0% | 22.0% | 23.3% | ||
| Low | 20.8% | 13.4% | 10.9% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 1.94 | 2.82 | 3.72 | ||
| Avg | 1.73 | 2.04 | 2.51 | ||
| Low | 1.60 | 1.72 | 1.96 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 1,287.5% | 63.7% | 82.3% | ||
| Avg | 1,132.6% | 18.1% | 23.0% | ||
| Low | 1,041.0% | -0.0% | -3.9% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.