Datadog Inc - Class A quote is equal to 98.980 USD at 2020-12-13. The debt discount is amortized as interest expense together with the issuance costs of the debt. Based on our forecasts, a long-term increase is expected, the "DDOG" stock price prognosis for 2025-12-05 is 462.649 USD. Datadog is a registered trademark of Datadog, Inc. All product and company names herein may be trademarks of their registered owners. Q4 revenue to be between $162M-$164M vs. consensus of $155.17M and Adjusted EPS of $0.01-$0.02 vs. consensus of $0.01. “We are pleased with our strong results for the third quarter, which demonstrated continued high growth at scale.” said Olivier Pomel, co-founder and CEO of Datadog. * Non-GAAP operating income between $48.5 and $50.5 million. Learn what Wall Street already knows in our Zacks Rank Guide. These risks and uncertainties are more fully described in our filings with the Securities and Exchange Commission (SEC), including in the section entitled “Risk Factors” in our Quarterly Report on Form 10-Q for the quarterly period ended June 30, 2020, filed with the SEC on August 10, 2020. While Datadog has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? Based on information as of today, May 11, 2020, Datadog is providing the following guidance for the second quarter and full year 2020: Second Quarter 2020 … Datadog (DDOG) delivered earnings and revenue surprises of 400.00% and 7.23%, respectively, for the quarter ended September 2020. Introducing Mobile Real User Monitoring (RUM), to enable full visibility into the performance of mobile applications, both Android and iOS. Third quarter revenue grew 61% year-over-year to $155 million, Strong growth of larger customers, with 1,107 $100k+ ARR customers, up from 727 a year ago, Announced 8 new products and features at annual Dash conference, Announced a strategic partnership with Microsoft and an extended partnership with Google. Research analysts predict that Datadog, Inc. will post -0.02 earnings per share for the current year. Announced a strategic partnership with Microsoft, currently in public preview, which will make Datadog available directly from the Azure console. Chris Merwin — Goldman Sachs — Analyst In 2020, the period of limitations for assessing the contingent Federal payroll tax liability expired and the Company was legally released from being the primary obligor, and recognized a benefit in the consolidated statement of operations. There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Gross payment volume of $31.7B was 6% … Revenue rose 61% to $154.7 million, ahead of the 50% top-line growth that the pros were forecasting. So, the shares are expected to perform in line with the market in the near future. This compares to the consensus estimate of $117.7M, representing growth of about 68%, and the company’s guidance from Q4 of a range of $117-119M. Datadog's revenue, funding history, customers, team and CEO; Edit this company. In terms of the Zacks Industry Rank, Internet - Software is currently in the bottom 34% of the 250 plus Zacks industries. Revenue came in at $131.2 million, which beat analyst estimates of $117.8 million (+11% vs consensus). Condensed Consolidated Statements of Operations, (In thousands, except per share data; unaudited), Condensed Consolidated Statements of Cash Flow, Reconciliation from GAAP to Non-GAAP Results, Reconciliation of GAAP Cash Flow from Operating Activities to Free Cash Flow, AJ Ljubich, CFA New risks emerge from time to time. Q3 2020 Earnings Release 596.7 KB. Based on information as of today, November 10, 2020, Datadog is providing the following guidance for the fourth quarter and full year 2020: Fourth Quarter 2020 … Looking ahead, Datadog expects first-quarter revenue to rise by roughly 69% year over year, landing near $118 million. The software-as-a-service (SaaS) company saw its revenue grow by 98% and 83% in 2018 and 2019 respectively. This compares to the consensus estimate of $117.7M, representing growth of about 68%, and the company’s guidance from Q4 of a range of $117-119M. The monthly returns are then compounded to arrive at the annual return. 2019: Q4. Datadog (DDOG) delivered earnings and revenue surprises of 400.00% and 7.23%, respectively, for the quarter ended September 2020. Datadog defines free cash flow as Net cash provided by operating activities, minus capital expenditures and minus capitalized software development costs. Datadog Gross profit (Q2, 2020) 111.1 M. Datadog Gross profit margin (Q2, 2020), % 79.4%. Is Jumia (JMIA) the Next Amazon Stock to Buy. Datadog also updated its full-year fiscal 2020 outlook, saying it expects total revenue of between $588 million and $590 million for the year, ahead of the consensus of $571.2 million. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating indiv idual securities. The risks and uncertainties referred to above include, but are not limited to (1) our recent rapid growth may not be indicative of our future growth; (2) our history of operating losses; (3) our limited operating history; (4) our business depends on our existing customers purchasing additional subscriptions and products from us and renewing their subscriptions; (5) our ability to attract new customers; (6) our ability to effectively develop and expand our sales and marketing capabilities; (7) risk of a security breach; (8) risk of interruptions or performance problems associated with our products and platform capabilities; (9) our ability to adapt and respond to rapidly changing technology or customer needs; (10) the competitive markets in which we participate; (11) risks associated with successfully manage our growth; (12) general market, political, economic, and business conditions; and (13) the impact that the recent COVID-19 pandemic and any related economic downturn could have on our or our customers’ businesses, financial condition and results of operations. Datadog earned 5 cents per share on revenue … --Datadog, Inc., the monitoring and security platform for cloud applications, today announced financial results for its second quarter ended June 30, 2020. As a result, stock-based compensation expenses vary for reasons that are generally unrelated to financial and operational performance in any particular period. 2020 Revenue $50.0M. KeyBanc Capital Markets have made an estimate for Datadog Inc. shares, keeping their opinion on the stock as Sector Weight, with their previous recommendation back on November 24, 2020. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. Datadog net profit margin as of September 30, 2020 is -1.39% . Non-GAAP financial measures should not be considered in isolation from, or as a substitute for, financial information prepared in accordance with GAAP. Revenue: $100 - $500 million See Exact Annual Revenue: Employees: 500 - 1,000 Exact Company Size: Primary Industry: 51821 Data Centers & Hosting Services: Additional NAICS Codes: 54151 : Address: 620 8th Avenue, … Datadog recorded a contingent payroll tax liability in conjunction with a common stock repurchase transaction in 2016. The effective interest rate of the convertible senior notes was approximately 5.97%. Competitors of Datadog include Observe, K2 and Google. Also, the software maker said it had 1,107 customers with annual recurring revenue of $100,000 or more. Datadog is doing a great job in executing its growth strategy. Bitcoin revenue for Square grew 11x last year’s total, but even excluding Bitcoin transactions, Square grew Cash App revenue 174% YoY this quarter. Non-GAAP operating income is expected to be in the range of $48.5 million to $50.5 million and non-GAAP net income per share is expected to be in the range of $0.17 to $0.18 per share based on approximately 332 million weighted … Overview. The company’s shares have gained +21.42% over the past 6 months, with this year growth rate of -1800%, compared to 8% for the industry. Datadog, Inc. has a market cap of $31.95 Billion and is expected to release its quarterly earnings report on Feb 11, 2021- Feb 15, 2021. Weighted average shares used in calculating basic and diluted, Accounts receivable, net of allowance for credit losses of, Prepaid expenses and other current assets, Accrued expenses and other current liabilities, TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY. Datadog Announces Second Quarter Results Second quarter revenue grew 68% year-over-year to $140 million Strong growth of larger customers, with 1,015 $100k+ ARR customers, up … Datadog views amortization of acquired intangible assets as items arising from pre-acquisition activities determined at the time of an acquisition. Revenue growth was +87% year-over-year. Since 1988 it has more than doubled the S&P 500 with an average gain of +24.41% per year. In May 2020, Datadog issued $747.5M of convertible senior notes due 2025, which bears interest at an annual fixed rate of 0.125%. This includes personalizing content and advertising. Monthly Revenue. * Full Year 2020 Outlook: * Revenue between $588 million and $590 million. Q2. Profit margin can be defined as the percentage of revenue that a company retains as income after the deduction of expenses. ARR and MRR should be viewed independently of revenue as they are operating metrics and are not intended to be replacements or forecasts of revenue. Other than that, the company has, however, lowered its growth outlook for the 2020 fiscal year revenue. Datadog (DDOG) stock stays down as Q3 revenue deceleration raises valuation concerns, prompting downgrade Nov. 11, 2020 7:53 AM ET Datadog, Inc. (DDOG) By: Brandy Betz , … Our SaaS platform integrates and automates infrastructure monitoring, application performance monitoring and log management to provide unified, real-time observability of our customers’ entire technology stack. Management believes these non-GAAP financial measures are useful to investors and others in assessing Datadog’s operating performance due to the following factors: Stock-based compensation. Q4 2019 revenue growth was 84.4%. ZacksTrade and Zacks.com are separate companies. Datadog’s number of customers with ARR of $100,000 or more and number of customers with ARR of $1 million or more are based on the ARR of each customer, as of the last month of the quarter. Gain visibility into dynamic Kubernetes environments within minutes. The beta launch of Compliance Monitoring, which extends on our security solutions to proactively notify DevSecOps teams of misconfigurations and compliance drift. Datadog Announces Third Quarter Results Third quarter revenue grew 61% year-over-year to $155 million Strong growth of larger customers, with 1,107 … You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. A single organization with multiple divisions, segments or subsidiaries is generally counted as a single customer. Datadog shares have added about 151.2% since the beginning of the year versus the S&P 500's gain of 9.9%. Recognized as a 2020 Gartner Peer Insights Customers’ Choice for Application Performance Monitoring. With its Forward Dividend at 0 and a yield of 0%, the company’s investors could be worried for the DDOG stock to lose ahead of the earnings release. Kubernetes Monitoring Product Brief Download Now. Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. These returns cover a period from January 1, 1988 through October 5, 2020. With a 5-year investment, the revenue is expected to be around +367.42%. Non-cash benefit related to tax adjustment. On … Datadog revenue was $362.78 m in FY, 2019 which is a 83.2% year over year increase from the previous period. Based on information as of today, May 11, 2020, Datadog is providing the following guidance for the second quarter and full year 2020: Second Quarter 2020 Outlook: Revenue … Experts have chosen 7 stocks out of 220 Zacks Rank #1 Strong Buys that have the highest potential to increase in price quickly amid the global health crisis. “The pandemic has driven organizations globally and across industries to prioritize their digital operations like never before, further strengthening the cloud’s position as the IT architecture of choice. What is Datadog revenue per employee? Zacks Equity Research Year-over-year growth is forecast to reach 62.5% up from the last financial year. Cost of Revenue is expected to dwindle to about 77.5 M.During the period from 2010 to 2020 Datadog Inc Cost of Revenue anual values regression line had geometric mean of 31,371,260 and significance of 0.008247. Datadog Inc. [NASDAQ: DDOG] gained 4.01% or 3.31 points to close at $85.78 with a heavy trading volume of 3333864 shares. November 10, 2020. Returns as of 12/11/2020. Where is Datadog headquarters? It is principally aimed at aligning their interests with those of its stockholders and at long-term retention, rather than to address operational performance for any particular period. Source: Datadog IPO prospectus. Real time prices by BATS. The company saw revenue grow 140% YoY to $3.03B, beating the consensus estimate by $950M or 46%. Other than that, the company has, however, lowered its growth outlook for the 2020 fiscal year revenue. NEW YORK, Nov. 10, 2020 (GLOBE NEWSWIRE) -- Datadog, Inc. (NASDAQ:DDOG), the monitoring and security platform for cloud applications, today announced financial results for its third quarter ended September 30, 2020. The current consensus EPS estimate is $0.01 on $154.47 million in revenues for the coming quarter and $0.13 on $570.60 million in revenues for the current fiscal year. Investors are encouraged to review the reconciliation of these historical non-GAAP financial measures to their most directly comparable GAAP financial measures. We continue to execute on our strategic priorities to position for the long-term, including rapid product innovation and expansion of our go-to-market.” Second Quarter 2020 Financial Highlights: Revenue was $140.0 million, an … Q1 2020 Earnings Webcast. If you do not, click Cancel. Where are Datadog offices? Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. As a result, these taxes may vary in any particular period independent of the financial and operating performance of Datadog’s business. 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