Datadog (DDOG) stock forecast for 2024. Forecast tables and graphs.

Datadog (DDOG) stock forecast for 2024

Last update: 06-24-2022, 6:39

Sector: Technology

The share price of Datadog, Inc. (DDOG) now

What analysts predict:: $156.59

52-week high/low: $199.68 / $81.12

50/200 Day Moving Average: $107.74 / $143.66

This figure corresponds to the average price over the previous 50/200 days. For Datadog stocks, the 50-day moving average is the support level today.

For Datadog stocks, the 200-day moving average is the resistance level today.

Are you interested in Datadog stocks and want to buy them, or are they already in your portfolio? If yes, then on this page you will find useful information about the dynamics of the Datadog stock price in 2024. How much will one Datadog share be worth in 2024?

Is it worth taking profit / loss on Datadog stock now or waiting? What are analysts' forecasts for Datadog stock?

We forecast Datadog stock performance using neural networks based on historical data on Datadog stocks. Also, when forecasting, technical analysis tools are used, world geopolitical and news factors are taken into account.

The Datadog stock prediction results are shown below and presented as a graph, table and text information.

Datadog stock forecasts are adjusted once a day based on the closing price of the previous trading day.

The minimum target price for Datadog analysts is $156.59.

Today 200 Day Moving Average is the resistance level (143.66 $).

50 Day Moving Average is the support level (107.74 $).




Historical and forecast chart of Datadog stock

The chart below shows the historical price of Datadog stock and a prediction chart for the next year. For convenience, prices are divided by color. Forecast prices include: Optimistic Forecast, Pessimistic Forecast, and Weighted Average Best Forecast. Detailed values for the Datadog stock price can be found in the table below.

Datadog (DDOG) Forecast for 2024

Month Target Pes. Opt. Vol., %
Jan 150.30 142.86 159.09 10.20 %
Feb 137.58 133.87 141.55 5.42 %
Mar 136.35 127.51 140.76 9.41 %
Apr 137.08 131.78 145.84 9.64 %
May 142.39 134.83 145.97 7.64 %
Jun 145.21 139.33 152.26 8.50 %
Jul 141.29 133.78 146.12 8.44 %
Aug 151.84 144.32 158.81 9.12 %
Sep 153.48 143.12 162.32 11.83 %
Oct 141.74 132.94 150.16 11.47 %
Nov 132.55 125.28 138.04 9.25 %
Dec 123.13 119.58 128.23 6.74 %

Datadog information and performance

Datadog Inc. provides a monitoring and analytics platform for developers, IT teams, and business users in the cloud in North America and abroad. The company’s SaaS platform integrates and automates infrastructure monitoring, application performance monitoring, and log management to provide real-time visibility into the customer’s technology stack.

Datadog Address

620 EIGHTH AVENUE, 45TH FLOOR, NEW YORK, NY, US

Market Capitalization: 28 694 897 000 $

Market capitalization is the total market value of all issued shares of a company. It is calculated by the formula multiplying the number of shares in the company outstanding by the market price of one share.

EBITDA: 26 226 000 $

EBITDA is earnings before interest, income tax and depreciation of assets.

PE Ratio: 30363.33

P/E ratio (price to earnings) - shows the ratio between the price of a share and the company's profit

PEG Ratio: 2.682

Price/earnings to growth

DPS: N/A

Dividend Per Share is a financial indicator equal to the ratio of the company's net profit available for distribution to the annual average of ordinary shares.

DY: N/A

Dividend yield is a ratio that shows how much a company pays in dividends each year at the stock price.

EPS: 0.003

EPS shows how much of the net profit is accounted for by the common share.

Quarterly Earnings Growth YOY: N/A

Quarterly Revenue Growth YOY: 0.828

Trailing PE: 30363.33

Trailing P/E depends on what has already been done. It uses the current share price and divides it by the total earnings per share for the last 12 months.

Forward PE: 153.85

Forward P/E uses projections of future earnings instead of final numbers.

EV To Revenue: 23.12

Enterprise Value (EV) /Revenue

EV To EBITDA: 533.41

The EV / EBITDA ratio shows the ratio of the cost (EV) to its profit before tax, interest and amortization (EBITDA).

Shares Outstanding: 283107000

Number of issued ordinary shares

Shares Float: N/A

Number of freely tradable shares

Shares Short Prior Month: N/A

Shares Short Prior Month - the number of shares in short positions in the last month.

Short Ratio: N/A

Percent Insiders: N/A

Percent Institutions: N/A

Datadog price target for 2021 by month


Target values for the price of one Datadog share for Jan 2024.

The weighted average target price per Datadog share in Jan 2024 is: 150.30. In Jan, the positive dynamics for Momo shares will prevail with possible monthly volatility of 10.203% volatility is expected.

Pessimistic target level: 142.86

Optimistic target level: 159.09


Target values for the price of one Datadog share for Feb 2024.

The weighted average target price per Datadog share in Feb 2024 is: 137.58. In Feb, the negative dynamics for Momo shares will prevail with possible monthly volatility of 5.424% volatility is expected.

Pessimistic target level: 133.87

Optimistic target level: 141.55


Target values for the price of one Datadog share for Mar 2024.

The weighted average target price per Datadog share in Mar 2024 is: 136.35. In Mar, the negative dynamics for Momo shares will prevail with possible monthly volatility of 9.414% volatility is expected.

Pessimistic target level: 127.51

Optimistic target level: 140.76


Target values for the price of one Datadog share for Apr 2024.

The weighted average target price per Datadog share in Apr 2024 is: 137.08. In Apr, the positive dynamics for Momo shares will prevail with possible monthly volatility of 9.644% volatility is expected.

Pessimistic target level: 131.78

Optimistic target level: 145.84


Target values for the price of one Datadog share for May 2024.

The weighted average target price per Datadog share in May 2024 is: 142.39. In May, the positive dynamics for Momo shares will prevail with possible monthly volatility of 7.638% volatility is expected.

Pessimistic target level: 134.83

Optimistic target level: 145.97


Target values for the price of one Datadog share for Jun 2024.

The weighted average target price per Datadog share in Jun 2024 is: 145.21. In Jun, the positive dynamics for Momo shares will prevail with possible monthly volatility of 8.497% volatility is expected.

Pessimistic target level: 139.33

Optimistic target level: 152.26


Target values for the price of one Datadog share for Jul 2024.

The weighted average target price per Datadog share in Jul 2024 is: 141.29. In Jul, the negative dynamics for Momo shares will prevail with possible monthly volatility of 8.441% volatility is expected.

Pessimistic target level: 133.78

Optimistic target level: 146.12


Target values for the price of one Datadog share for Aug 2024.

The weighted average target price per Datadog share in Aug 2024 is: 151.84. In Aug, the positive dynamics for Momo shares will prevail with possible monthly volatility of 9.121% volatility is expected.

Pessimistic target level: 144.32

Optimistic target level: 158.81


Target values for the price of one Datadog share for Sep 2024.

The weighted average target price per Datadog share in Sep 2024 is: 153.48. In Sep, the positive dynamics for Momo shares will prevail with possible monthly volatility of 11.829% volatility is expected.

Pessimistic target level: 143.12

Optimistic target level: 162.32


Target values for the price of one Datadog share for Oct 2024.

The weighted average target price per Datadog share in Oct 2024 is: 141.74. In Oct, the negative dynamics for Momo shares will prevail with possible monthly volatility of 11.469% volatility is expected.

Pessimistic target level: 132.94

Optimistic target level: 150.16


Target values for the price of one Datadog share for Nov 2024.

The weighted average target price per Datadog share in Nov 2024 is: 132.55. In Nov, the negative dynamics for Momo shares will prevail with possible monthly volatility of 9.247% volatility is expected.

Pessimistic target level: 125.28

Optimistic target level: 138.04


Target values for the price of one Datadog share for Dec 2024.

The weighted average target price per Datadog share in Dec 2024 is: 123.13. In Dec, the negative dynamics for Momo shares will prevail with possible monthly volatility of 6.741% volatility is expected.

Pessimistic target level: 119.58

Optimistic target level: 128.23




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Disclaimer:

All forecast data on the site are provided for informational purposes of using neural forecasting tools in the financial market and are not a call to action and, moreover, are not trading signals. When using the forecast data, the investor assumes all financial risks. The pandaforecast.com portal is not responsible for the loss of your money in the stock market as a result of using the information contained on the site.