Evaluating Datadog: Insights From 16 Financial Analysts
Portfolio Pulse from Benzinga Insights
Over the past three months, 16 analysts have shared their insights on Datadog (NASDAQ:DDOG), with a mix of bullish and bearish opinions. The average 12-month price target is $149.75, slightly lower than the previous average. Analysts have maintained, raised, or lowered their ratings and price targets based on recent developments. Datadog has shown strong revenue growth but faces challenges in profitability and returns.
July 05, 2024 | 3:02 pm
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Datadog has received mixed ratings from 16 analysts over the past three months. The average 12-month price target is $149.75, slightly lower than the previous average. Analysts have maintained, raised, or lowered their ratings and price targets based on recent developments. Datadog has shown strong revenue growth but faces challenges in profitability and returns.
The mixed analyst ratings and slight decrease in the average price target suggest a neutral short-term impact on Datadog's stock price. While the company shows strong revenue growth, challenges in profitability and returns may offset positive sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100