Critical Insights From Datadog Analyst Ratings: What You Need To Know
Portfolio Pulse from Benzinga Insights
Datadog (NASDAQ:DDOG) received mixed analyst ratings in the latest quarter, with 17 analysts providing a range of bullish to bearish perspectives. The average 12-month price target is $149.53, slightly down from the previous $152.21. Key analysts have adjusted their ratings and price targets, reflecting varied expectations for Datadog's future performance. Financially, Datadog shows strong revenue growth but faces challenges in profitability and returns.
August 01, 2024 | 9:00 pm
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Datadog received mixed analyst ratings with an average 12-month price target of $149.53, down from $152.21. Analysts have varied expectations, with some raising and others lowering their price targets. Datadog shows 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 temper investor enthusiasm.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100