(USD) | Dec 2023 | Q/Q |
---|---|---|
Revenue | 589.6MM | +8% |
Gross Profit | 484.8MM | +9% |
Cost Of Revenue | 104.8MM | +1% |
Operating Income | 27.7MM | -756% |
Operating Expenses | 457.1MM | +2% |
Net Income | 54MM | - |
R&D | 253.2MM | +5% |
G&A | 43.8MM | -15% |
Marketing | 160MM | +2% |
Amortization | 2.2MM | - |
Interest Expense | 1.3MM | -1% |
Short Volume Ratio = Short Volume / All Volume. Source of Short Volume data comes from
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Shares of cloud monitoring software company Datadog (NASDAQ:DDOG) jumped 7.7% in the afternoon session after Wells Fargo analyst upgraded the stock's rating from Equal-Weight (Neutral) to Overweight (Buy) and raised the price target from $130 to $150. The price target indicates a potential 15% upside from where shares traded when the upgrade was announced. After the initial pop the shares cooled down to $128.10, up 4.9% from previous close.
A deal for HashiCorp could come together in the coming days, according to people familiar with the matter. A deal for HashiCorp would likely command a premium above where the stock is currently trading. HashiCorp had a market capitalization of $4.9 billion after its stock rose about 4% so far this year as of Tuesday afternoon.
Analyst Andrew Nowinski raised his rating on the provider of cloud observability and security software to Overweight from Equal Weight.
In the most recent trading session, Datadog (DDOG) closed at $119.91, indicating a -0.15% shift from the previous trading day.
The average brokerage recommendation (ABR) for Datadog (DDOG) is equivalent to a Buy. The overly optimistic recommendations of Wall Street analysts make the effectiveness of this highly sought-after metric questionable. So, is it worth buying the stock?
Datadog, Inc. (NASDAQ: DDOG), the monitoring and security platform for cloud applications, today announced its new report, the State of DevSecOps 2024. The report found that a surprising amount of organizations aren't embracing automation when it comes to securing cloud deployments.
Key Insights Datadog's estimated fair value is US$180 based on 2 Stage Free Cash Flow to Equity Datadog is estimated to...
Datadog, Inc. (NASDAQ:DDOG), the monitoring and security platform for cloud applications, today announced that it will report its first quarter fiscal year 2024 financial results before the U.S. financial markets open on Tuesday, May 7, 2024.