Datadog, Inc. (DDOG) Tops Q3 EPS by 7c, Guidance Beats
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Datadog (DDOG) PT Raised to $236 at Needham & Company
November 8, 2021 7:03 AM ESTNeedham & Company analyst Jack Andrews raised the price target on Datadog (NASDAQ: DDOG) to $236.00 (from $173.00) while maintaining a Buy rating.
The analyst commented, "DDOG reported another extraordinarily strong quarter in 3Q21, highlighted by accelerating growth at increasing scale, and management updated FY21... More
Datadog (DDOG) PT Raised to $220 at Monness, Crespi, Hardt
November 5, 2021 8:42 AM EDTMonness, Crespi, Hardt analyst Brian White raised the price target on Datadog (NASDAQ: DDOG) to $220.00 (from $160.00) while maintaining a Buy rating.
The analyst commented, "Datadog reported exceptional 3Q:21 results, served up a strong 4Q:21 outlook, and raised its guidance for 2021. We believe... More
Datadog (DDOG) PT Raised to $225 at Goldman Sachs
November 5, 2021 7:32 AM EDTGoldman Sachs analyst Kash Rangan raised the price target on Datadog (NASDAQ: DDOG) to $225.00 (from $150.00) while maintaining a Buy rating.
The analyst commented, "Datadog is +12% after strong results with outperformance across all metrics. We reiterate our Buy rating and raise our PT to $225 from... More
Datadog (DDOG) PT Raised to $195 at Stifel
November 5, 2021 6:48 AM EDTStifel analyst Brad Reback raised the price target on Datadog (NASDAQ: DDOG) to $195.00 (from $160.00) while maintaining a Buy rating.
The analyst commented, "Once again, Datadog delivered a stellar quarter, with results that meaningfully exceeded expectations across the board, as the company capitalized on... More
Datadog (DDOG) Shares Rally 16% After Smashing Results and Guidance Views, Seen as a 'Stellar' and 'Knock-Out' Quarter
November 5, 2021 6:05 AM EDTShares of Datadog (NASDAQ: DDOG) are trading sharply higher in pre-open Friday after the company reported higher-than-expected results for its third quarter.
Datadog reported Q3 EPS of $0.13 to easily top the analyst estimate of $0.06. Revenue for the quarter came in at $270 million versus the consensus estimate of $247.73 million.
"We are pleased with our third quarter performance, with revenue growth accelerating to 75% year-over-year. We saw broad-based strength across... More
