Stocklytics Platform
Asset logo for symbol DDOG
Datadog
DDOG60
$116.38arrow_drop_down0.82%-$0.96
Asset logo for symbol DDOG
DDOG60

$116.38

arrow_drop_down0.82%

Analyst Forecast

Period: Next 12 Months

Analyst Ratings

Datadog (DDOG) Stocklytics Forecast

Datadog Inc (DDOG) is a software-as-a-service (SaaS) company that provides monitoring and analytics solutions for IT infrastructure. The company's platform enables organizations to collect and analyze data from various sources, including servers, databases, and applications, to gain valuable insights and improve operational efficiency. With the increasing adoption of cloud computing and the growing complexity of IT environments, the demand for Datadog's services is expected to continue to rise.
In terms of stock price prediction, analysts have a positive outlook on Datadog Inc. The stock has shown strong growth since its initial public offering in 2019, and many analysts expect this trend to continue in the future. According to a machine learning-based prediction model, the stock price of DDOG is forecasted to increase steadily over the next few years. The model takes into account various factors, including historical stock performance, market trends, and industry analysis.
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Frequently Asked Questions

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What is the analyst price prediction for Datadog (DDOG) stock?

Analysts have set a target price of $129.41 for Datadog (DDOG), based on forecasts from 29 analysts. The predicted price range extends from a high of $165 to a low of $84. This represents a potential increase of up to 41.5% and a decrease of -27.96% from the current price of $116.6. These forecasts are as of 2023 Aug 30.
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What are the analyst ratings for Datadog (DDOG) stock?

The analyst ratings for Datadog (DDOG) are distributed as follows: 37 analysts recommend buying, 9 have a neutral stance, and 0 suggest selling. The prevailing sentiment among the total of 46 analysts leans towards a buy rating. These ratings indicate the general sentiment among the analysts covering Datadog .
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What is the AI price prediction for Datadog (DDOG) stock?

At present, there is no AI or machine-learning-based price prediction available for Datadog (DDOG) stock. The lack of a forecast could stem from various factors, such as inadequate data or the necessity for model recalibration.

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