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Datadog (DDOG) Suffers a Larger Drop Than the General Market: Key Insights
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Datadog (DDOG - Free Report) closed at $265.84 in the latest trading session, marking a -4.51% move from the prior day. This change lagged the S&P 500's 0.31% loss on the day. At the same time, the Dow lost 0.25%, and the tech-heavy Nasdaq lost 1.38%.
Shares of the data analytics and cloud monitoring company witnessed a gain of 1.67% over the previous month, beating the performance of the Computer and Technology sector with its loss of 3.14%, and the S&P 500's gain of 0.87%.
The investment community will be closely monitoring the performance of Datadog in its forthcoming earnings report. The company is scheduled to release its earnings on November 4, 2026. The company is expected to report EPS of $0.64, up 16.36% from the prior-year quarter. Our most recent consensus estimate is calling for quarterly revenue of $1.14 billion, up 28.87% from the year-ago period.
For the full year, the Zacks Consensus Estimates are projecting earnings of $2.52 per share and revenue of $4.46 billion, which would represent changes of +22.93% and +30.22%, respectively, from the prior year.
Investors should also take note of any recent adjustments to analyst estimates for Datadog. These latest adjustments often mirror the shifting dynamics of short-term business patterns. Therefore, positive revisions in estimates convey analysts' confidence in the business performance and profit potential.
Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system.
The Zacks Rank system, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. Over the past month, there's been a 0.02% fall in the Zacks Consensus EPS estimate. Datadog is holding a Zacks Rank of #3 (Hold) right now.
In terms of valuation, Datadog is presently being traded at a Forward P/E ratio of 110.28. This valuation marks a premium compared to its industry average Forward P/E of 20.67.
We can additionally observe that DDOG currently boasts a PEG ratio of 7.56. Comparable to the widely accepted P/E ratio, the PEG ratio also accounts for the company's projected earnings growth. Internet - Software stocks are, on average, holding a PEG ratio of 1.21 based on yesterday's closing prices.
The Internet - Software industry is part of the Computer and Technology sector. At present, this industry carries a Zacks Industry Rank of 87, placing it within the top 36% of over 250 industries.
The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Make sure to utilize Zacks.com to follow all of these stock-moving metrics, and more, in the coming trading sessions.
View the Zacks #1 Rank List
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Datadog (DDOG) Suffers a Larger Drop Than the General Market: Key Insights
Datadog (DDOG - Free Report) closed at $265.84 in the latest trading session, marking a -4.51% move from the prior day. This change lagged the S&P 500's 0.31% loss on the day. At the same time, the Dow lost 0.25%, and the tech-heavy Nasdaq lost 1.38%.
Shares of the data analytics and cloud monitoring company witnessed a gain of 1.67% over the previous month, beating the performance of the Computer and Technology sector with its loss of 3.14%, and the S&P 500's gain of 0.87%.
The investment community will be closely monitoring the performance of Datadog in its forthcoming earnings report. The company is scheduled to release its earnings on November 4, 2026. The company is expected to report EPS of $0.64, up 16.36% from the prior-year quarter. Our most recent consensus estimate is calling for quarterly revenue of $1.14 billion, up 28.87% from the year-ago period.
For the full year, the Zacks Consensus Estimates are projecting earnings of $2.52 per share and revenue of $4.46 billion, which would represent changes of +22.93% and +30.22%, respectively, from the prior year.
Investors should also take note of any recent adjustments to analyst estimates for Datadog. These latest adjustments often mirror the shifting dynamics of short-term business patterns. Therefore, positive revisions in estimates convey analysts' confidence in the business performance and profit potential.
Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system.
The Zacks Rank system, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. Over the past month, there's been a 0.02% fall in the Zacks Consensus EPS estimate. Datadog is holding a Zacks Rank of #3 (Hold) right now.
In terms of valuation, Datadog is presently being traded at a Forward P/E ratio of 110.28. This valuation marks a premium compared to its industry average Forward P/E of 20.67.
We can additionally observe that DDOG currently boasts a PEG ratio of 7.56. Comparable to the widely accepted P/E ratio, the PEG ratio also accounts for the company's projected earnings growth. Internet - Software stocks are, on average, holding a PEG ratio of 1.21 based on yesterday's closing prices.
The Internet - Software industry is part of the Computer and Technology sector. At present, this industry carries a Zacks Industry Rank of 87, placing it within the top 36% of over 250 industries.
The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Make sure to utilize Zacks.com to follow all of these stock-moving metrics, and more, in the coming trading sessions.