Datadog Rises 15% in 6 Months: Time to Add This Cloud Computing Star? – January 17, 2025
From Zacks Investment Research: 2025-01-17 10:32:10
Datadog (DDOG) has seen a 15.1% stock rally in the past six months, positioning itself as a leader in cloud monitoring and security. With deep integrations with major cloud providers like Amazon, Google, and Microsoft, Datadog offers a unified platform for monitoring multi-cloud infrastructures. The company’s expanding product portfolio includes AI-native solutions, driving growth and customer adoption. Financially, Datadog maintains a strong position with improving margins and revenue projections of $709-713 million for Q4 2024. With a Zacks Rank #1 (Strong Buy) and strong market position, Datadog presents a compelling investment opportunity for 2025.
Read more at Zacks Investment Research: Datadog Rises 15% in 6 Months: Time to Add This Cloud Computing Star? – January 17, 2025