DDOG Stock Summary and Trading Ideas (Datadog - Class A | NASDAQ:DDOG)

Datadog is a cloud-native company that focuses on analyzing machine data. The firm's product portfolio, delivered via software as a service, allows a client to monitor and analyze its entire IT infrastructure. Datadog's platform can ingest and analyze large amounts of machine-generated data in real time, allowing clients to utilize it for a variety of applications throughout their businesses.

Datadog - Class A trades on the NASDAQ stock market under the symbol DDOG.

As of January 24, 2025, DDOG stock price climbed to $140.99 with 2,463,744 million shares trading.

DDOG has a beta of 1.44, meaning it tends to be more sensitive to market movements. DDOG has a correlation of 0.19 to the broad based SPY ETF.

DDOG has a market cap of $47.90 billion. This is considered a Large Cap stock.

Last quarter Datadog - Class A reported $690 million in Revenue and $.57 earnings per share. This beat revenue expectation by $26 million and exceeded earnings estimates by $.17.

In the last 3 years, DDOG traded as high as $184.70 and as low as $61.34.

The top ETF exchange traded funds that DDOG belongs to (by Net Assets): VTI, VO, QQQ, VXF, VUG.

DDOG has underperformed the market in the last year with a price return of +9.3% while the SPY ETF gained +26.8%. However, in the short term, DDOG had mixed performance relative to the market. It has outperformed in the last 3 months, returning +16.0% vs +5.5% return in SPY. But in the last 2 weeks, DDOG shares have been beat by the market, returning -0.6% compared to an SPY return of +3.1%.

DDOG support price is $137.67 and resistance is $142.73 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that DDOG shares will trade within this expected range on the day.