Datadog, Inc. (DDOG) Tops Q1 EPS by 3c; Guides Revenues Above Views

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Go back to Datadog, Inc. (DDOG) Tops Q1 EPS by 3c; Guides Revenues Above Views

Datadog (DDOG) Leaps After Beatings Q1 and Guidance Estimates, Sparking an Upgrade to 'Buy'

May 7, 2021 9:16 AM EDT

Shares of Datadog (NASDAQ: DDOG) traded 9.3% higher in early Friday trading after the company recorded revenue growth of 51% YoY.

DDOG posted revenues of $198.5 million to top the consensus of $186.71 million. Earnings per share (EPS) came in at $0.06 per share to top the $0.03 expected from analysts.

We are pleased with our strong first quarter results, an excellent start to the year that demonstrated continued high growth at scale, said Olivier Pomel, co-founder and CEO of Datadog.

We continue to innovate at a rapid pace, delivering new products and features that leverage the... More

Datadog (DDOG) PT Raised to $103 at Monness, Crespi, Hardt

May 7, 2021 8:14 AM EDT

Monness, Crespi, Hardt analyst Brian White raised the price target on Datadog (NASDAQ: DDOG) to $103.00 (from $100.00) while maintaining a Buy rating.

... More

Datadog (DDOG) PT Raised to $150 at Needham & Company

May 7, 2021 6:45 AM EDT

Needham & Company analyst Jack Andrews raised the price target on Datadog (NASDAQ: DDOG) to $150.00 (from $141.00) while maintaining a Buy rating.

The analyst commented, "DDOG reported strong 1Q21 results as revenue and EPS were well above consensus and FY21 revenue guidance was... More

Datadog, Inc. (DDOG) Appoints Adam Blitzer as Chief Operating Officer

May 6, 2021 5:29 PM EDT

Datadog, Inc. (NASDAQ: DDOG), the monitoring and security platform for cloud applications, today announced the appointment of Adam Blitzer as Chief Operating Officer.

... More