Datadog Inc (NASDAQ:DDOG)’s traded shares stood at 3.39 million during the last session, with the company’s beta value hitting 1.10. At the close of trading, the stock’s price was $126.60, to imply an increase of 2.19% or $2.71 in intraday trading. The DDOG share’s 52-week high remains $138.61, putting it -9.49% down since that peak but still an impressive 38.54% since price per share fell to its 52-week low of $77.81. The company has a valuation of $42.68B, with an average of 2.64 million shares in intraday trading volume over the past 10 days and average of 3.16 million shares over the past 3 months.

Analysts have given a consensus recommendation of Buy for Datadog Inc (DDOG), translating to a mean rating of 1.41. Of 26 analyst(s) looking at the stock, 1 analyst(s) give DDOG a Sell rating. 1 of those analysts rate the stock as Overweight while 4 advise Hold as 20 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at 0.4.

Datadog Inc (NASDAQ:DDOG) trade information

After registering a 2.19% upside in the last session, Datadog Inc (DDOG) has traded red over the past five days. The 5-day price performance for the stock is -1.19%, and 10.85% over 30 days. With these gigs, the year-to-date price performance is 4.30%. Short interest in Datadog Inc (NASDAQ:DDOG) saw shorts transact 8.07 million shares and set a 2.9 days time to cover.

The extremes give us $75.76 and $210 for target low and target high price respectively. As such, DDOG has been trading -65.88% off suggested target high and 40.16% from its likely low.

Datadog Inc (DDOG) estimates and forecasts

Looking at statistics comparing Datadog Inc share performance against respective industry, we note that the company has outperformed competitors. Datadog Inc (DDOG) shares are -3.69% down over the last 6 months, with its year-to-date growth rate higher than industry average at 24.24% against 18.70%. Revenue is forecast to shrink -11.10% this quarter before falling -29.10% for the next one. The rating firms project that company’s revenue will grow 23.60% compared to the previous financial year.

Revenue forecast for the current quarter as set by 36 analysts is 664.32M. Meanwhile, for the current quarter, a total of 35 analyst(s) estimate revenue growth to 710.36M.Earnings reports from the last fiscal year show that sales brought in 547.54M and 589.65M respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to rise 21.30% before jumping 20.50% in the following quarter.

DDOG Dividends

Datadog Inc has its next earnings report out on 2024-Nov-07. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too.

Datadog Inc (NASDAQ:DDOG)’s Major holders

Datadog Inc insiders hold 3.12% of total outstanding shares, with institutional holders owning 82.50% of the shares at 85.16% float percentage. In total, 82.50% institutions holds shares in the company, led by VANGUARD GROUP INC. As of 2024-06-30, the company held over 28.52 million shares (or 8.5962% of shares), all amounting to roughly $3.7 billion.

The next major institution holding the largest number of shares is BLACKROCK INC. with 20.06 million shares, or about 6.0446% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $2.6 billion.

We also have Vanguard Total Stock Market Index Fund and Invesco ETF Tr-Invesco QQQ Tr, Series 1 ETF as the top two Mutual Funds with the largest holdings of the Datadog Inc (DDOG) shares. Going by data provided on Jun 30, 2024 , Vanguard Total Stock Market Index Fund holds roughly 8.78 shares. This is just over 2.82% of the total shares, with a market valuation of $1.11 billion. Data from the same date shows that the other fund manager holds a little less at 6.03, or 1.94% of the shares, all valued at about 764.03 million.