Datadog, Inc. (DDOG)
NASDAQ: DDOG · Real-Time Price · USD
138.40
+1.61 (1.18%)
At close: Jan 17, 2025, 4:00 PM
140.50
+2.10 (1.52%)
Pre-market: Jan 21, 2025, 8:29 AM EST
Datadog Stock Forecast
Stock Price Forecast
The 30 analysts with 12-month price forecasts for Datadog stock have an average target of 157.83, with a low estimate of 133 and a high estimate of 200. The average target predicts an increase of 14.04% from the current stock price of 138.40.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for Datadog stock from 30 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 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 | Jan '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 10 | 10 | 12 | 14 | 14 | 13 |
| Buy | 17 | 17 | 16 | 13 | 14 | 15 |
| Hold | 2 | 2 | 0 | 0 | 0 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 1 | 1 | 1 | 0 | 0 | 0 |
| Total | 30 | 30 | 29 | 27 | 28 | 30 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Citigroup | Citigroup | Strong Buy Maintains $157 → $170 | Strong Buy | Maintains | $157 → $170 | +22.83% | Jan 17, 2025 |
| Cantor Fitzgerald | Cantor Fitzgerald | Buy Initiates $180 | Buy | Initiates | $180 | +30.06% | Jan 16, 2025 |
| Morgan Stanley | Morgan Stanley | Buy → Hold Downgrades $143 | Buy → Hold | Downgrades | $143 | +3.32% | Jan 16, 2025 |
| Truist Securities | Truist Securities | Strong Buy → Hold Downgrades $170 → $150 | Strong Buy → Hold | Downgrades | $170 → $150 | +8.38% | Jan 7, 2025 |
| Jefferies | Jefferies | Strong Buy Maintains $155 → $170 | Strong Buy | Maintains | $155 → $170 | +22.83% | Jan 6, 2025 |
Financial Forecast
Revenue This Year
2.71B
from 2.13B
Increased by 27.52%
Revenue Next Year
3.30B
from 2.71B
Increased by 21.67%
EPS This Year
1.82
from 0.14
Increased by 1,199.69%
EPS Next Year
2.08
from 1.82
Increased by 14.59%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| 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 | 2029 |
|---|---|---|---|---|---|---|
| High | 32.8% | 33.6% | 42.0% | |||
| Avg | 27.5% | 21.7% | 22.7% | |||
| Low | 22.2% | 12.9% | 12.2% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 2.30 | 2.82 | 3.72 | |||
| Avg | 1.82 | 2.08 | 2.53 | |||
| Low | 1.71 | 1.72 | 2.15 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 1,542.5% | 55.2% | 78.3% | |||
| Avg | 1,199.7% | 14.6% | 21.5% | |||
| Low | 1,125.0% | -5.2% | 2.9% |
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.