Datadog, Inc. (DDOG) – A quarter marked by rapid growth and shrinking margins

Datadog, Inc. (DDOG) (Q1FY23)

Introduction

Datadog, Inc. operates an observability and security platform for cloud applications in North America and internationally. The company’s products include infrastructure and application performance monitoring, log management, digital experience monitoring, continuous profiler, database monitoring, network monitoring, incident management, observability pipelines, cloud cost management, universal service monitoring, cloud security management, application security management. cloud SIEM, sensitive data scanner, and CI Visibility.

Highlights

Datadog’s revenue growth rate still remains over 50% on a trailing 12 months basis, driven by the addition of new customers and upselling new products to existing customers. Despite reporting a 33% Y/Y growth in Q1FY23, the company beat the growth of the top cloud providers.

Stock performance

Datadog’s stock price showed an upward trend in the past 3-months period and gave 57.06% returns. The stock surged in May following a positive earnings report. It also rode a wave of momentum for growth stocks fueled by positive economic news. The stock price increased by 7.87% in the past 1-year with 52-week high of $120.75 and its 52-week low is $61.34.

This report is useful for M&A, business & investment analysis to all students, researchers, investors, private equity houses, broking firms, hedge funds, advisory firms and corporates to decide upon their investment strategies. Do connect with us, if you are looking for equity valuation, recommendation, analysis and market recommendation for any specific company, sector and industry.

Highlights

Valuation

– Enterprise Value
– CrispIdea Forecast
– Economic Value Added Analysis
– Peer Valuation
– CrispIdea Forecast Relative to Consensus
– Consensus History and Surprise
– Consensus Momentum

Actual & Historical Performance

– Income Statement
– Balance Sheet
– Cash Flow
– 10 Year Historical Performance
– Ratio Analysis
– Du Pont Analysis
– ROIC & ROCE Analysis
– Segment Performance
– Key Metrics– M&A Deals

Peer Performance

– Summary
– Profitability
– Growth
– Price Performance

Ownership

Stock Price Performance

Crispidea Coverage

No of Pages: 32

To Download other equity/ stock reports CLICK HERE

Follow our LinkedIn page for more updates