In the last trading session, 5.52 million shares of the Datadog Inc (NASDAQ:DDOG) were traded, and its beta was 1.00. Most recently the company’s share price was $124.84, and it changed around $2.91 or 2.39% from the last close, which brings the market valuation of the company to $43.11B. DDOG currently trades at a discount to its 52-week high of $170.08, offering almost -36.24% off that amount. The share price’s 52-week low was $81.63, which indicates that the current value has risen by an impressive 34.61% since then. We note from Datadog Inc’s average daily trading volume that its 10-day average is 4.77 million shares, with the 3-month average coming to 4.76 million.
Datadog Inc stock received a consensus recommendation rating of Buy, based on a mean score of 1.50. If we narrow it down even further, the data shows that 0 out of 48 analysts rate the stock as a Sell; another 11 rate it as Overweight. Among the rest, 9 recommended DDOG as a Hold, whereas 28 deemed it a Buy, and 0 rated it as Underweight.
Datadog Inc (NASDAQ:DDOG) trade information
Instantly DDOG has showed a green trend with a performance of 2.39% at the end of last trading. The performance over the last five days has remained in the green territory. The rise to weekly highs of 125.32 on recent trading dayincreased the stock’s daily price by 0.38%. The company’s shares are currently down -12.63% year-to-date, but still up 4.11% over the last five days. On the other hand, Datadog Inc (NASDAQ:DDOG) is 6.09% up in the 30-day period. We can see from the shorts that 7.23 million shares have been sold at a short interest cover period of 1.43 day(s).
The consensus price target as assigned by Wall Street analysts is $130, which translates to bulls needing to increase their stock price by 3.97% from its current value. Analyst projections state that DDOG is forecast to be at a low of $120 and a high of $170.
Datadog Inc earnings are expected to increase by -6.38% in 2025, but the outlook is positive 15.87% per year for the next five years.
DDOG Dividends
Datadog Inc’s next quarterly earnings report is expected to be released on 2025-May-05.
Datadog Inc (NASDAQ:DDOG)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 2.39% of Datadog Inc shares, and 86.74% of them are in the hands of institutional investors. The stock currently has a share float of 88.87%. Datadog Inc stock is held by 1345.0 institutions, with VANGUARD GROUP INC being the largest institutional investor. By 2024-06-30, it held 8.5157% of the shares, which is about 28.52 million shares worth $3.7 billion.
BLACKROCK INC., with 5.9881% or 20.06 million shares worth $2.6 billion as of 2024-06-30, holds the second largest percentage of outstanding shares.
