Datadog, Inc. (DDOG)
NASDAQ: DDOG · Real-Time Price · USD
149.46
+2.53 (1.72%)
At close: Dec 20, 2024, 4:00 PM
149.87
+0.41 (0.27%)
After-hours: Dec 20, 2024, 6:19 PM EST
Datadog Stock Forecast
Stock Price Forecast
The 28 analysts with 12-month price forecasts for Datadog stock have an average target of 154.64, with a low estimate of 133 and a high estimate of 200. The average target predicts an increase of 3.47% from the current stock price of 149.46.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for Datadog stock from 28 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 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 9 | 10 | 10 | 12 | 14 | 14 |
| Buy | 19 | 17 | 17 | 16 | 13 | 14 |
| Hold | 2 | 2 | 2 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 1 | 1 | 1 | 1 | 0 | 0 |
| Total | 31 | 30 | 30 | 29 | 27 | 28 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Stifel | Stifel | Strong Buy Maintains $141 → $165 | Strong Buy | Maintains | $141 → $165 | +10.40% | Dec 18, 2024 |
| Mizuho | Mizuho | Buy Maintains $155 → $170 | Buy | Maintains | $155 → $170 | +13.74% | Dec 13, 2024 |
| Truist Securities | Truist Securities | Strong Buy Maintains $155 → $170 | Strong Buy | Maintains | $155 → $170 | +13.74% | Dec 12, 2024 |
| Macquarie | Macquarie | Buy Initiates $200 | Buy | Initiates | $200 | +33.82% | Dec 12, 2024 |
| Barclays | Barclays | Buy Maintains $155 → $187 | Buy | Maintains | $155 → $187 | +25.12% | Dec 6, 2024 |
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% | 22.8% | |||
| 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.