Datadog, Inc. (DDOG)

Datadog Stock Forecast

Stock Price Forecast

The 29 analysts with 12-month price forecasts for Datadog stock have an average target of 129.45, with a low estimate of 90 and a high estimate of 165. The average target predicts an increase of 3.54% from the current stock price of 125.02.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$90	$129.45	$130	$165
Change	-28.01%	+3.54%	+3.98%	+31.98%

Analyst Ratings

The average analyst rating for Datadog stock from 31 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Nov '23	Dec '23	Jan '24	Feb '24	Mar '24	Apr '24
Strong Buy	7	8	9	8	8	8
Buy	15	16	17	17	17	17
Hold	10	9	9	7	7	6
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	32	33	35	32	32	31

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Yi Fu Lee Cantor Fitzgerald	Cantor Fitzgerald	Buy Reiterates $150	Buy	Reiterates	$150	+19.98%	Apr 17, 2024
Yi Fu Lee Cantor Fitzgerald	Cantor Fitzgerald	Buy Reiterates $150	Buy	Reiterates	$150	+19.98%	Mar 12, 2024
Kingsley Crane Canaccord Genuity	Canaccord Genuity	Strong Buy Reiterates $150	Strong Buy	Reiterates	$150	+19.98%	Feb 23, 2024
Matthew Hedberg RBC Capital	RBC Capital	Buy Reiterates $151	Buy	Reiterates	$151	+20.78%	Feb 16, 2024
Mike Cikos Needham	Needham	Strong Buy Reiterates $165	Strong Buy	Reiterates	$165	+31.98%	Feb 16, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

2.63B

Increased by 23.62%

from 2.13B

Revenue Next Year

3.24B

Increased by 23.30%

from 2.63B

EPS This Year

1.50

Increased by 969.43%

from 0.14

EPS Next Year

1.89

Increased by 26.23%

from 1.50

Year	2019	2020	2021	2022	2023	2024	2025	2026	2027	2028
Revenue	362.78M	603.47M	1.03B	1.68B	2.13B	2.63B	3.24B	4.21B	6.00B	7.37B
Revenue Growth	83.15%	66.34%	70.48%	62.82%	27.06%	23.62%	23.30%	29.90%	42.45%	22.82%
EPS	-0.12	-0.08	-0.07	-0.16	0.14	1.50	1.89	2.52	5.77	7.21
EPS Growth	-	-	-	-	-	969.43%	26.23%	33.08%	129.54%	24.91%
No. Analysts	-	-	-	-	-	43	41	17	3	3

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2024	2025	2026	2027	2028
High	2.9B	3.9B	5.1B	6.8B	8.4B
Avg	2.6B	3.2B	4.2B	6.0B	7.4B
Low	2.5B	2.9B	3.6B	5.2B	6.4B

Revenue Growth

Revenue Growth	2024	2025	2026	2027	2028
High	37.4%	48.0%	56.3%	60.9%	39.5%
Avg	23.6%	23.3%	29.9%	42.5%	22.8%
Low	17.8%	11.7%	11.2%	23.5%	5.8%

EPS Forecast

EPS	2024	2025	2026	2027	2028
High	2.18	3.03	3.98	5.94	7.42
Avg	1.50	1.89	2.52	5.77	7.21
Low	1.35	1.56	1.96	5.55	6.93

EPS Growth

EPS Growth	2024	2025	2026	2027	2028
High	1,460.0%	102.7%	110.6%	136.3%	28.6%
Avg	969.4%	26.2%	33.1%	129.5%	24.9%
Low	866.0%	4.1%	3.7%	120.5%	20.0%

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.