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DDOG
Stock ticker: NASDAQ
AS OF
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Price
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Capitalization
36.77B

DDOG Price Prediction, Datadog AI Recommendations

Stock market charts, price targets, analyst ratings and a financial calendar

Technical Analysis# Of IndicatorsAvg. Odds
   
   
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A.I.Advisor
a Summary for DDOG with price predictions
07:00 PM EST Nov 30, 2023

Momentum Indicator for DDOG turns positive, indicating new upward trend

DDOG saw its Momentum Indicator move above the 0 level on November 07, 2023. This is an indication that the stock could be shifting in to a new upward move. Traders may want to consider buying the stock or buying call options. Tickeron's A.I.dvisor looked at 64 similar instances where the indicator turned positive. In of the 64 cases, the stock moved higher in the following days. The odds of a move higher are at .

Price Prediction Chart

Technical Analysis (Indicators)

Bullish Trend Analysis

The Moving Average Convergence Divergence (MACD) for DDOG just turned positive on November 07, 2023. Looking at past instances where DDOG's MACD turned positive, the stock continued to rise in of 41 cases over the following month. The odds of a continued upward trend are .

DDOG moved above its 50-day moving average on November 07, 2023 date and that indicates a change from a downward trend to an upward trend.

The 10-day moving average for DDOG crossed bullishly above the 50-day moving average on November 13, 2023. This indicates that the trend has shifted higher and could be considered a buy signal. In of 13 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are .

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where DDOG advanced for three days, in of 274 cases, the price rose further within the following month. The odds of a continued upward trend are .

The Aroon Indicator entered an Uptrend today. In of 242 cases where DDOG Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .

Bearish Trend Analysis

The RSI Indicator demonstrates that the ticker has stayed in the overbought zone for 14 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.

The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 15 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.

Following a 3-day decline, the stock is projected to fall further. Considering past instances where DDOG declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

DDOG broke above its upper Bollinger Band on November 07, 2023. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.

Fundamental Analysis (Ratings)

Fear & Greed

The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. DDOG’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.

The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to consistent earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.

The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating weak sales and an unprofitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.

The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is significantly overvalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (20.790) is normal, around the industry mean (21.006). DDOG's P/E Ratio (10000.000) is considerably higher than the industry average of (159.003). Projected Growth (PEG Ratio) (1.497) is also within normal values, averaging (2.583). Dividend Yield (0.000) settles around the average of (0.083) among similar stocks. P/S Ratio (18.282) is also within normal values, averaging (74.438).

The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating that the returns do not compensate for the risks. DDOG’s unstable profits reported over time resulted in significant Drawdowns within these last five years. A stable profit reduces stock drawdown and volatility. The average Profit vs. Risk Rating rating for the industry is 89, placing this stock worse than average.

A.I. Advisor
published Earnings

DDOG is expected to report earnings to fall 5.62% to 42 cents per share on February 15

Datadog DDOG Stock Earnings Reports
Q4'23
Est.
$0.42
Q3'23
Beat
by $0.11
Q2'23
Beat
by $0.08
Q1'23
Beat
by $0.04
Q4'22
Beat
by $0.07
The last earnings report on November 07 showed earnings per share of 44 cents, beating the estimate of 34 cents. With 3.58M shares outstanding, the current market capitalization sits at 36.77B.
A.I.Advisor
published Highlights

Notable companies

The most notable companies in this group are Microsoft Corp (NASDAQ:MSFT), Oracle Corp (NYSE:ORCL), Adobe (NASDAQ:ADBE), Salesforce (NYSE:CRM), Intuit (NASDAQ:INTU), SERVICENOW (NYSE:NOW), Uber Technologies (NYSE:UBER), Shopify (NYSE:SHOP), Palo Alto Networks (NASDAQ:PANW), NetEase (NASDAQ:NTES).

Industry description

Packaged software comprises multiple software programs bundled together and sold as a group. For example, Microsoft Office includes multiple applications such as Excel, Word, and PowerPoint. In some cases, buying a bundled product is cheaper than purchasing each item individually[s20] . Microsoft Corporation, Oracle Corp. and Adobe are some major American packaged software makers.

Market Cap

The average market capitalization across the Packaged Software Industry is 9.18B. The market cap for tickers in the group ranges from 291 to 2.84T. MSFT holds the highest valuation in this group at 2.84T. The lowest valued company is BLGI at 291.

High and low price notable news

The average weekly price growth across all stocks in the Packaged Software Industry was 2%. For the same Industry, the average monthly price growth was 10%, and the average quarterly price growth was -7%. IPNFF experienced the highest price growth at 163%, while NAHD experienced the biggest fall at -77%.

Volume

The average weekly volume growth across all stocks in the Packaged Software Industry was 111%. For the same stocks of the Industry, the average monthly volume growth was 54% and the average quarterly volume growth was 8%

Fundamental Analysis Ratings

The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows

Valuation Rating: 52
P/E Growth Rating: 72
Price Growth Rating: 52
SMR Rating: 83
Profit Risk Rating: 88
Seasonality Score: 20 (-100 ... +100)
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A.I.Advisor
published price charts
A.I. Advisor
published General Information

General Information

a company, which engages in the development of monitoring and analytics platform for developers, information technology operations teams and business users

Industry PackagedSoftware

Profile
Fundamentals
Details
Industry
N/A
Address
620 8th Avenue
Phone
+1 866 329-4466
Employees
4800
Web
https://www.datadog.com
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DDOG and

Correlation & Price change

A.I.dvisor indicates that over the last year, DDOG has been closely correlated with SNOW. These tickers have moved in lockstep 72% of the time. This A.I.-generated data suggests there is a high statistical probability that if DDOG jumps, then SNOW could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To DDOG
1D Price
Change %
DDOG100%
+1.74%
SNOW - DDOG
72%
Closely correlated
-0.91%
MDB - DDOG
71%
Closely correlated
+4.75%
DT - DDOG
68%
Closely correlated
+2.37%
AYX - DDOG
63%
Loosely correlated
+4.57%
HUBS - DDOG
63%
Loosely correlated
+4.66%
More