Datadog, Inc. is a cloud-monitoring and security platform provider that helps organizations monitor and manage their IT infrastructure, applications, and data. The company’s SaaS (software-as-a-service) platform provides a unified view of an organization’s entire IT stack, enabling them to identify and resolve issues quickly. Datadog’s platform is used by a wide range of organizations, from small businesses to large enterprises, and across a variety of industries, including technology, finance, retail, and healthcare.
Datadog was founded in 2010 (headquartered in New York City, USA) by Olivier Pomel and Alexis Lê-Quôc, two former engineers who met while working at Wireless Generation. The company was born out of their frustration with the lack of a unified monitoring solution for cloud infrastructure and applications. They envisioned a platform that could provide a comprehensive view of an organization’s IT stack, enabling them to identify and resolve issues quickly.
Datadog’s early days were marked by rapid growth. The company’s SaaS platform quickly gained traction among developers and IT operations teams, who appreciated its ease of use and powerful functionality. In 2012, Datadog raised its first round of funding, and by 2015, it had become one of the leading cloud monitoring providers.
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Datadog Inc. Share Price expected growth in upcoming years:
Datadog’s stock has been one of the best-performing stocks in the cloud software market in recent years. Analysts are expecting Datadog’s revenue to grow at a compound annual growth rate (CAGR) of over 40% in the next five years. The company’s earnings are also expected to grow at a CAGR of over 30% in the same period.
Here are some specific analyst targets for Datadog Inc.
Datadog Inc. Stock Price Prediction 2024
| Year 2024 | Datadog Inc. Share Price Prediction 2024 $130 |
Datadog Inc. Stock Price Prediction 2025
| Year 2025 | Datadog Inc. Share Price Prediction 2025 $160 |
Datadog Inc. Stock Price Prediction 2030
| Year 2030 | Datadog Inc. Share Price Prediction 2030 $350 |
Datadog Inc. Stock Price Prediction 2040
| Year 2040 | Datadog Inc. Share Price Prediction 2040 $700 |
Datadog Inc. Stock Price Prediction 2050
| Year 2050 | Datadog Inc. Share Price Prediction 2050 $1400 |
Datadog Inc. Current Share Price, Trends, Open And Prev. Close – Read Here
Datadog Inc. is one of the fastest-growing companies in the cloud software market. The company has a strong track record of revenue and earnings growth, and it is benefiting from the increasing adoption of cloud computing and the growing demand for cloud monitoring and security solutions.
Top Investors in Datadog Inc.
Here’s an overview of the major institutional investors in Datadog Inc. (DDOG):
| Rank | Investor | Country | Stock % |
|---|---|---|---|
| 1 | The Vanguard Group, Inc. | United States | 8.73% |
| 2 | BlackRock Inc. | United States | 8.10% |
| 3 | SSgA Funds Management, Inc. | United States | 7.90% |
| 4 | Fidelity Management & Research Company LLC | United States | 7.78% |
| 5 | Capital Research Global Investors | United States | 7.50% |
| 6 | Baillie Gifford & Co. | United Kingdom | 5.60% |
| 7 | T. Rowe Price Associates, Inc. (Investment Management) | United States | 2.43% |
| 8 | Geode Capital Management, LLC | United States | 2.28% |
| 9 | State Street Corporation | United States | 2.12% |
| 10 | Susquehanna International Group, LLP | United States | 2.09% |
Datadog Inc. releases his IPO in 2019:
Datadog, Inc. (DDOG) is a cloud monitoring and security platform provider that had its initial public offering (IPO) on September 27, 2019. The company raised $652 million by selling 25.2 million shares at a price of $26.00 per share. The IPO was well-received by investors, with the stock price rising over 40% on the first day of trading.
Some Frequently Asked Questions:
Is Datadog a publicly traded company?
Yes, Datadog, Inc. is a publicly traded company. Its stock is listed on the Nasdaq Stock Exchange under the ticker symbol DDOG.
How has Datadog’s stock performed in recent years?
Datadog’s stock has been one of the best-performing in the cloud software market. It has more than tripled in price, and its revenue has grown at a compound annual growth rate (CAGR) of over 50%. The stock has shown a positive trend, driven by strong financial performance and positive analyst outlook.
When did Datadog release its IPO, and how did it perform?
Datadog, Inc. went public with its initial public offering (IPO) on September 27, 2019. The company raised $652 million by selling 25.2 million shares at a price of $26.00 per share. The IPO was well-received by investors, with the stock price rising over 40% on the first day of trading.
