Datadog Inc (NASDAQ:DDOG) traded at $151.65 at last check on current trade day and made an upward move of 6.68% on its previous day’s price.
Looking at the stock we see that its previous close was $142.16 and the beta (5Y monthly) reads 1.095 with the day’s price range being $143.4 – $152.6. The company has a trailing 12-month PE ratio of 280.73. In terms of its 52-week price range, DDOG has a high of $170.08 and a low of $98.80. The company’s stock has gained about 2.19% over that past 30 days.
Datadog Inc has a market cap of $51.52 billion and is expected to release its quarterly earnings report in February.
On the other hand, looking at the outlook for the DDOG stock, short term indicators assign the stock an average of 50% Buy, while medium term indicators assign it an average of 100% Buy.
Based on estimates by 26 analysts, where scores have ranged from 1.00 for a strong buy to 5.00 for a strong sell, 4 have rated the Datadog Inc (DDOG) stock as a Hold, while 20 rate it as a Buy. 1 analyst(s) rate it as overweight while 0 of them rated it as underweight, whereas 1 suggest the stock as a Sell. The stock has an overall rating of Buy and investors could take advantage and scoop up stock of the company.
Looking further, we note that the PEG ratio for the DDOG stock currently stands at 12.33, and the most recent price level today is 6.87% off its SMA20 and 3.53% from its 50-day simple moving average. The RSI (14) is pointing at 63.36 while the volatility over the past week is 3.26% and jumps to 2.51% over the past one month. The beta value is 1.15, while the average true range (ATR) is currently pointing at 4.99. The average price target for the stock over the next 12 months is $150.5, with the estimates having a low of $135 and a high of $170. These price ends are 10.98% and -12.1% off the today’s price level respectively, although investors could be excited at the prospect of a 0.76% if the DDOG share price touches on the median price of $150.5.
Coming back to Datadog Inc (NASDAQ:DDOG), we note that the average 3-month trading volume was 4.68 million, while that of the preceding 10-day period stands at 3.72 million. Current shares outstanding are 312.92 million.
The insiders hold 11.33% of the company’s shares while institutions hold 76.77%. The data shows that short shares as of 2024-12-31, stood at 14.3 million at a short ratio of 3.07. This represents a 471.00 short interest in shares outstanding on 2024-12-31. Shares short fall in December from the previous month at 16.02 million. Investors should be excited about this stock as its upside potential is great, with today’s price pushing the stock 6.13% up in year-to-date price movement.
