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Datadog (DDOG) Ascends While Market Falls: Some Facts to Note
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Datadog (DDOG - Free Report) closed at $133.98 in the latest trading session, marking a +1.85% move from the prior day. The stock exceeded the S&P 500, which registered a loss of 0.04% for the day. At the same time, the Dow lost 0.57%, and the tech-heavy Nasdaq gained 0.04%.
The stock of data analytics and cloud monitoring company has risen by 11.44% in the past month, lagging the Computer and Technology sector's gain of 20.43% and the S&P 500's gain of 12.24%.
Market participants will be closely following the financial results of Datadog in its upcoming release. The company plans to announce its earnings on May 7, 2026. In that report, analysts expect Datadog to post earnings of $0.5 per share. This would mark year-over-year growth of 8.7%. Our most recent consensus estimate is calling for quarterly revenue of $956.88 million, up 25.65% from the year-ago period.
Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $2.12 per share and revenue of $4.09 billion, indicating changes of +3.41% and +19.24%, respectively, compared to the previous year.
Investors should also take note of any recent adjustments to analyst estimates for Datadog. Such recent modifications usually signify the changing landscape of near-term business trends. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the business health and profitability.
Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical 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 last 30 days, the Zacks Consensus EPS estimate has witnessed an unchanged state. Datadog is currently sporting a Zacks Rank of #3 (Hold).
With respect to valuation, Datadog is currently being traded at a Forward P/E ratio of 61.95. This expresses a premium compared to the average Forward P/E of 18.77 of its industry.
It's also important to note that DDOG currently trades at a PEG ratio of 7.07. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. By the end of yesterday's trading, the Internet - Software industry had an average PEG ratio of 1.08.
The Internet - Software industry is part of the Computer and Technology sector. This industry currently has a Zacks Industry Rank of 70, which puts it in the top 29% of all 250+ industries.
The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. 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.
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Datadog (DDOG) Ascends While Market Falls: Some Facts to Note
Datadog (DDOG - Free Report) closed at $133.98 in the latest trading session, marking a +1.85% move from the prior day. The stock exceeded the S&P 500, which registered a loss of 0.04% for the day. At the same time, the Dow lost 0.57%, and the tech-heavy Nasdaq gained 0.04%.
The stock of data analytics and cloud monitoring company has risen by 11.44% in the past month, lagging the Computer and Technology sector's gain of 20.43% and the S&P 500's gain of 12.24%.
Market participants will be closely following the financial results of Datadog in its upcoming release. The company plans to announce its earnings on May 7, 2026. In that report, analysts expect Datadog to post earnings of $0.5 per share. This would mark year-over-year growth of 8.7%. Our most recent consensus estimate is calling for quarterly revenue of $956.88 million, up 25.65% from the year-ago period.
Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $2.12 per share and revenue of $4.09 billion, indicating changes of +3.41% and +19.24%, respectively, compared to the previous year.
Investors should also take note of any recent adjustments to analyst estimates for Datadog. Such recent modifications usually signify the changing landscape of near-term business trends. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the business health and profitability.
Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical 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 last 30 days, the Zacks Consensus EPS estimate has witnessed an unchanged state. Datadog is currently sporting a Zacks Rank of #3 (Hold).
With respect to valuation, Datadog is currently being traded at a Forward P/E ratio of 61.95. This expresses a premium compared to the average Forward P/E of 18.77 of its industry.
It's also important to note that DDOG currently trades at a PEG ratio of 7.07. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. By the end of yesterday's trading, the Internet - Software industry had an average PEG ratio of 1.08.
The Internet - Software industry is part of the Computer and Technology sector. This industry currently has a Zacks Industry Rank of 70, which puts it in the top 29% of all 250+ industries.
The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. 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.