Datadog, Inc. (DDOG) Tops Q3 EPS by 7c; Guides Higher

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Go back to Datadog, Inc. (DDOG) Tops Q3 EPS by 7c; Guides Higher

Datadog (DDOG) Shares Give Up Most of Initial Gains Despite Earnings Beat

November 3, 2022 3:55 PM EDT

Despite its initial jump at the start of Thursday's session, Datadog (NASDAQ: DDOG) shares have given up most of their initial gains, up 1% at the time of writing, following its latest earnings report.

Datadog stock initially opened the session at $79.03 per share, but they now trade at around the $75 mark.

The software firm reported third-quarter earnings of $0.23 before the open,... More

Datadog (DDOG) PT Lowered to $90 at Needham & Company

November 3, 2022 12:55 PM EDT

Needham & Company analyst Jack Andrews lowered the price target on Datadog (NASDAQ: DDOG) to $90.00 (from $135.00) while maintaining a Buy rating following results.

The analyst commented, "Datadog reported 3Q results which were better than feared. The 5% Revenue upside to 3Q results is the... More