Is Datadog Stock Going to $150? 1 Wall Street Analyst Thinks So.
DDOGDatadog(DDOG) The Motley Fool·2024-05-10 03:44

After recent share price softness, the pundit believes the software-as-a-service specialist could vault 33% higher. While a sharp rise in share price is pleasing for investors, it can become a challenge when a company fails to perform sufficiently to justify the higher levels. That seemed to be the dynamic with software-as-a-service (SaaS) platform developer Datadog (DDOG -0.79%). The company's latest quarterly earnings report was impressive in many ways, but apparently it wasn't good enough for many invest ...