Needham Reiterates Buy on Datadog, Maintains $105 Price Target
Needham analyst Mike Cikos reiterates Datadog (NASDAQ:DDOG) with a Buy and maintains $105 price target.
‘Cinderella Story Over,’ Says Analyst: 6 Potential Tech Losers From SVB’s Dark Crash
Calling SVB Financial Group’s (NASDAQ: SIVB) Silicon Valley Bank the “Godfather of the Silicon Valley,” Wedbush analyst Daniel Ives weighed in on the impact of it
Citigroup Maintains Buy on Datadog, Raises Price Target to $96
Citigroup analyst Fatima Boolani maintains Datadog (NASDAQ:DDOG) with a Buy and raises the price target from $90 to $96.
Goldman Sachs Maintains Buy on Datadog, Lowers Price Target to $114
Goldman Sachs analyst Kash Rangan maintains Datadog (NASDAQ:DDOG) with a Buy and lowers the price target from $128 to $114.
Rosenblatt Maintains Buy on Datadog, Lowers Price Target to $105
Rosenblatt analyst Blair Abernethy maintains Datadog (NASDAQ:DDOG) with a Buy and lowers the price target from $120 to $105.
Needham Maintains Buy on Datadog, Raises Price Target to $105
Needham analyst Mike Cikos maintains Datadog (NASDAQ:DDOG) with a Buy and raises the price target from $90 to $105.
Datadog Q4 EPS $0.26 Beats $0.19 Estimate, Sales $469.40M Beat $449.31M Estimate
Datadog (NASDAQ:DDOG) reported quarterly earnings of $0.26 per share which beat the analyst consensus estimate of $0.19 by 36.84 percent. This is a 30 percent increase over earnings of $0.20 per share from the same
Earnings Scheduled For February 16, 2023
Companies Reporting Before The Bell
• RELX (NYSE:RELX) is estimated to report earnings for its Fiscal Year 2022.
• Coca-Cola Europacific (NASDAQ:CCEP) is expected to report earnings for its Fiscal Year 2022.
Buy Splunk, Sell Datadog: Analyst Lays Out 2023 Strategy For IT Investors
There is likely to be a slowdown in enterprise software spending growth in 2023. “Commentary by IT buyers, vendors, and channel partners suggests very low IT purchasing in the first half,” according to KeyBanc Capital Markets.
