Datadog has landed on Zacks.com's list of most searched stocks, with shares up 29.8% over the past month against a 0.8% gain for the Zacks S&P 500 composite. For the current quarter, Datadog is expected to post earnings of $0.64 per share, up 16.4% from the year-ago quarter, though the Zacks Consensus Estimate has slipped 1.2% over the last 30 days. The consensus earnings estimate of $2.52 for the current fiscal year implies a year-over-year change of 22.9%, while the next fiscal year's estimate of $2.96 points to a change of 17.4%. Revenue estimates stand at $1.14 billion for the current quarter, up 28.9% year over year, with $4.46 billion and $5.45 billion projected for the current and next fiscal years. Datadog reported revenues of $1.12 billion in the last reported quarter, a 35.6% year-over-year increase, and EPS of $0.65 versus $0.46 a year ago, beating consensus revenue and EPS estimates by 3.85% and 12.07% respectively. The stock carries a Zacks Rank #3 (Hold) and a Zacks Value Style Score of F, indicating it trades at a premium to its peers.
Datadog IncDatadog is the subject, with consensus estimates pointing to 22.9% FY earnings growth and a 29.8% one-month share gain, but the article only reports estimates and price action with no new company development.
