From Financial Modeling Prep: 2024-12-23 14:23:00

Loop Capital analysts increased their price target for Datadog to $200 from $160, citing confidence in the company’s growth potential. Datadog’s total addressable market (TAM) could reach $175 billion by 2034 with a conservative growth rate of 17.5% annually. Analysts estimate a potential $7.9 billion in free cash flow by 2034, resulting in an intrinsic value of $200 per share.



Read more at Financial Modeling Prep:: Datadog’s Growth Potential Sparks Price Target Boo…