Datadog Inc (NASDAQ: DDOG) is -33.81% lower on its value in year-to-date trading and has touched a low of $81.63 and a high of $170.08 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The DDOG stock was last observed hovering at around $91.42 in the last trading session, with the day’s gains setting it 3.16%.
Currently trading at $94.58, the stock is -0.37% and -11.63% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 5.71 million and changing 3.46% at the moment leaves the stock -23.71% off its SMA200. DDOG registered -21.24% loss for a year compared to 6-month loss of -26.18%. The firm has a 50-day simple moving average (SMA 50) of $108.0798 and a 200-day simple moving average (SMA200) of $124.17835.
The stock witnessed a -14.15% gain in the last 1 month and extending the period to 3 months gives it a -32.50%, and is 2.19% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.96% over the week and 4.80% over the month.
Datadog Inc (DDOG) has around 6500 employees, a market worth around $31.54B and $2.68B in sales. Current P/E ratio is 184.19 and Fwd P/E is 45.33. Profit margin for the company is 6.85%. Distance from 52-week low is 15.86% and -44.39% from its 52-week high. The company has generated returns on investments over the last 12 months (4.72%).
with sales reaching $741.22M over the same period.The EPS is expected to shrink by -5.34% this year, but quarterly earnings will post 19.00% year-over-year. Quarterly sales are estimated to grow 21.26% in year-over-year returns.
1373.0 institutions hold shares in Datadog Inc (DDOG), with institutional investors hold 91.29% of the company’s shares. The shares outstanding are 316.79M, and float is at 306.66M with Short Float at 3.34%. Institutions hold 88.57% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 28.52 million shares valued at $3.7 billion. The investor’s holdings represent 8.5157 of the DDOG Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 20.06 million shares valued at $2.6 billion to account for 5.9881 of the shares outstanding. The other top investors are BAILLIE GIFFORD & CO which holds 9.49 million shares representing 2.8344 and valued at over $1.23 billion, while FMR LLC holds 2.7329 of the shares totaling 9.15 million with a market value of $1.19 billion.
Datadog Inc (DDOG) Insider Activity
The most recent transaction is an insider sale by Pomel Olivier, the company’s Chief Executive Officer. SEC filings show that Pomel Olivier sold 107,365 shares of the company’s common stock on Apr 07 ’25 at a price of $87.33 per share for a total of $9.38 million. Following the sale, the insider now owns 0.56 million shares.
Still, SEC filings show that on Apr 01 ’25, Le-Quoc Alexis (Chief Technology Officer) disposed off 127,105 shares at an average price of $100.39 for $12.76 million. The insider now directly holds 466,535 shares of Datadog Inc (DDOG).