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Kaushik$DDOG Monness, Crespi, Hardt Upgrades to Buy PT $155 This morning, Datadog reported 3Q:24 upside, issued a healthy 4Q:24 outlook, and finetuned its 2024 guidance. We are upgrading our rating on Datadog to Buy from Neutral. Surviving software’s nuclear winter in 2024, Datadog’s…
AlphaSense$DDOG Guidance: "First, our guidance philosophy remains unchanged. As a reminder, we base our guidance on trends observed in recent quarters and apply conservatism on these growth trends. For the fourth quarter, we expect revenue to be in the range of $709 million to $713… https://t.co/RF1EnCoyWy
Markets NewsDatadog reported impressive Q3 results, surpassing estimates with $690.02 million in revenue, representing a 26% year-over-year growth. The company also disclosed having 3,490 customers with $ARR $100,000 or more. However, margins displayed mixed results. $EPS $SHL $DDOG
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