Datadog (DDOG) Stock Moves -1.06%: What You Should Know

Datadog (DDOG) closed the most recent trading day at $145.99, moving -1.06% from the previous trading session. The stock outperformed the S&P 500, which registered a daily loss of 1.11%. Elsewhere, the Dow saw a downswing of 0.77%, while the tech-heavy Nasdaq depreciated by 1.49%.Shares of the data analytics and cloud monitoring company have depreciated by 2.9% over the course of the past month, underperforming the Computer and Technology sector's gain of 5.27% and the S&P 500's gain of 0.4%.The investment community will be closely monitoring the performance of Datadog in its forthcoming earnings report. On that day, Datadog is projected to report earnings of $0.43 per share, which would represent a year-over-year decline of 2.27%. Alongside, our most recent consensus estimate is anticipating revenue of $711.65 million, indicating a 20.69% upward movement from the same quarter last year.For the full year, the Zacks Consensus Estimates project earnings of $1.76 per share and a revenue of $2.66 billion, demonstrating changes of +33.33% and +24.9%, respectively, from the preceding year.Investors should also note any recent changes to analyst estimates for Datadog. These recent revisions tend to reflect the evolving nature of short-term business trends. Therefore, positive revisions in estimates convey analysts' confidence in the company's business performance and profit potential.Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system.Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Over the past month, the Zacks Consensus EPS estimate has shifted 1.05% upward. Right now, Datadog possesses a Zacks Rank of #2 (Buy).Valuation is also important, so investors should note that Datadog has a Forward P/E ratio of 83.67 right now. This represents a premium compared to its industry's average Forward P/E of 33.42.It is also worth noting that DDOG currently has a PEG ratio of 5.62. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. The average PEG ratio for the Internet - Software industry stood at 2.39 at the close of the market yesterday.The Internet - Software industry is part of the Computer and Technology sector. With its current Zacks Industry Rank of 23, this industry ranks in the top 10% of all industries, numbering over 250.The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.Zacks Naming Top 10 Stocks for 2025Want to be tipped off early to our 10 top picks for the entirety of 2025?History suggests their performance could be sensational.From 2012 (when our Director of Research Sheraz Mian assumed responsibility for the portfolio) through November, 2024, the Zacks Top 10 Stocks gained +2,112.6%, more than QUADRUPLING the S&P 500’s +475.6%. Now Sheraz is combing through 4,400 companies to handpick the best 10 tickers to buy and hold in 2025. Don’t miss your chance to get in on these stocks when they’re released on January 2.Be First to New Top 10 Stocks >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Datadog, Inc. (DDOG): Free Stock Analysis ReportTo read this article on Zacks.com click here.Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks