Here's what I told my TAZR Trader group on June 11... 2. Software/Cloud getting killed elsewhere with CRM, MDB, SNOW, and SQ still in penalty box 6. Goldman note yesterday on DDOG's "clear AI vision" as described here... The Goldman analyst reiterated his $143 PT, which is the Street average, offering 26% upside potential. Despite these concerns, more than a dozen Wall Street analysts raised their EPS estimates for this year, driving the Zacks Consensus up 8.5% from $1.42 to $1.54. I've been eyeing our re-e ...

The Zacks Consensus Estimate for DDOG's 2024 customers is pegged at 30,483, indicating year-over-year growth of 11.6%. The Zacks Consensus Estimate for 2024 revenues is pegged at $2.6 billion, indicating yearover-year growth of 22.13%. Datadog (DDOG) announced the general availability of Datadog App Builder. This new low-code development tool is designed to help teams quickly create self-service applications that integrate securely into their monitoring stacks. This new tool is expected to aid customer grow ...

NEW YORK, June 17, 2024 /PRNewswire/ -- Datadog, Inc. (NASDAQ: DDOG), the monitoring and security platform for cloud applications, today announced the general availability of Datadog App Builder, a low-code development tool that helps teams rapidly create self-service applications and integrate them securely into their monitoring stacks. These customized apps help accelerate issue remediation at scale by enabling both technical and business users to take action on incidents, all within Datadog. "As a remote ...

Monty Rakusen AI has been the coolest thing to talk about during conference calls through last year as companies vie for investor attention and capital in one of the hottest phases of technology in the longest time. According to FactSet, AI was discussed at least 177 times across earnings calls, reaching its peak in 2023 during Q2 last year. This year created a new record as companies discussed AI almost 200 times across conference calls, according to FactSet. That does not necessarily translate to results, ...

GPUs can be more than 200% faster than CPUs when parallel processing "Today, the most widely used type of GPU-based instance is also the least expensive. This suggests that many customers are still in the experimentation phase with AI and applying the GPU instance to their early efforts in adaptive AI, machine learning inference and small-scale training," said Yrieix Garnier, VP of Product at Datadog. "We expect that as organizations expand their AI activities and move them into production, they will be spe ...

Microsoft founder and former CEO Bill Gates shared a like-minded opinion in his blog last year. "The development of AI is as fundamental as the creation of the microprocessor, the personal computer, the internet, and the mobile phone." If Gates and Dimon are correct, the artificial intelligence boom could be the investment opportunity of a lifetime. Nvidia is the standard-bearer in accelerated computing, a discipline that pairs specialized hardware and software to accelerate complex data center workloads li ...

And so we'll just kick it off here, a very, very high level to start. Maybe for those that are not familiar with Datadog in the room, what is Datadog? What do you guys do? How do you think about the opportunity you're going after? Koji Ikeda David Obstler I mean, we monetize based on the infrastructure used to run applications and the data or logs that are used to analyze that. And so we don't monetize until the applications are in production. And then our platform takes in as much of the data as we can int ...

A month has gone by since the last earnings report for Datadog (DDOG) . Shares have lost about 5.8% in that time frame, underperforming the S&P 500. Will the recent negative trend continue leading up to its next earnings release, or is Datadog due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important drivers. Datadog Q1 Earnings Beat Estimates, Revenues Rise Y/Y Datad ...

A downtrend has been apparent in Datadog (DDOG) lately. While the stock has lost 9.2% over the past week, it could witness a trend reversal as a hammer chart pattern was formed in its last trading session. This could mean that the bulls have been able to counteract the bears to help the stock find support. The formation of a hammer pattern is considered a technical indication of nearing a bottom with likely subsiding of selling pressure. But this is not the only factor that makes a bullish case for the stoc ...

Datadog (DDOG) has been beaten down lately with too much selling pressure. While the stock has lost 5.8% over the past four weeks, there is light at the end of the tunnel as it is now in oversold territory and Wall Street analysts expect the company to report better earnings than they predicted earlier. We use Relative Strength Index (RSI), one of the most commonly used technical indicators, for spotting whether a stock is oversold. This is a momentum oscillator that measures the speed and change of price m ...