RudyAsh

 26 Apr 24

tl;dr

Datadog (NASDAQ:DDOG) surged 3% in early market trading on Friday following robust financial results from primary partner, Microsoft (MSFT), on Thursday. Datadog offers observability services and security software for cloud-based applications, and its stock price has doubled over the past 12 months ...

Datadog (NASDAQ:DDOG) surged 3% in early market trading on Friday following robust financial results from primary partner, Microsoft (MSFT), on Thursday. Datadog offers observability services and security software for cloud-based applications, and its stock price has doubled over the past 12 months as cloud technology has expanded. The company's partners include Amazon Web Services (AMZN), Google Cloud (GOOG) (GOOGL), and Microsoft Azure. Additionally, Datadog received a boost on Tuesday when Wells Fargo upgraded the company to Overweight from Equal Weight and raised its price target to $150 from $130. Analysts suggest that Datadog is securing larger deals as customers seek to consolidate vendors, and these larger deals have a significant impact on bookings. Datadog is set to announce its first quarter results premarket on Tuesday, May 7, with a consensus expectation of earning $0.34 per share on revenue of $591.7M.

More about Datadog Inc

Company: Datadog Inc

Description: Datadog, Inc. provides an analytics and monitoring platform for developers, information technology operations teams, and business users in the cloud in North America and internationally. The company is headquartered in New York, New York.

Sector: Technology

Industry: Services-Prepackaged Software

Market Cap: 41,860,305,000

Stock Price: $894.64

Dividend Yield: None

P/E Ratio: 0.14

EPS: 6.57

Beta: 0.0228

Volume: 2,128,359,000

52-Week High: $149.36

52-Week Low: $0

Price-to-Sales: 0.256

More about Microsoft Corporation

Microsoft Corporation Summary

Microsoft Corporation is an American multinational technology company which produces computer software, consumer electronics, personal computers, and related services. Its best known software products are the Microsoft Windows line of operating systems, the Microsoft Office suite, and the Internet Explorer and Edge web browsers. Its flagship hardware products are the Xbox video game consoles and the Microsoft Surface lineup of touchscreen personal computers. Microsoft ranked No. 21 in the 2020 Fortune 500 rankings of the largest United States corporations by total revenue; it was the world's largest software maker by revenue as of 2016. It is considered one of the Big Five companies in the U.S. information technology industry, along with Google, Apple, Amazon, and Facebook.

Stock Analysis

Sector: TECHNOLOGY

Industry: SERVICES-PREPACKAGED SOFTWARE

Market Cap: 303.95 Billion

Current Price: $37.05

Price Change: $2.86

Change Percentage: 11.04%

52-Week Range: $30.61 - $462.44

Dividend Yield: 0.363

Volume: 227,583,001

PE Ratio: 0.332

EPS: 0.176

More about Amazon.com Inc
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Company: Amazon.com Inc

Industry: Trade & Services, Retail-Catalog & Mail-Order Houses

Market Cap: $1,837,012,746,000

Current Price: $3,701.27

Dividend Yield: 0.0529

EPS: $60.89

PE Ratio: 55.78

Volume: 574,784,995

52-Week High: $3,701.27

52-Week Low: $2,116.50

Beta: 0.139

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More about Alphabet Inc Class C

Alphabet Inc Class C Summary

Alphabet Inc. is an American multinational conglomerate headquartered in Mountain View, California. It was created through a restructuring of Google on October 2, 2015, and became the parent company of Google and several former Google subsidiaries. The two co-founders of Google remained as controlling shareholders, board members, and employees at Alphabet. Alphabet is the world's fourth-largest technology company by revenue and one of the world's most valuable companies.

Sector: TECHNOLOGY

Industry: SERVICES-COMPUTER PROGRAMMING, DATA PROCESSING, ETC.

Market Cap: $1,989,633,376,000

Dividend Yield (%): 27.78

EPS: None

P/E Ratio: 5.8

52-Week High: $1,165.29

52-Week Low: $1,024.34

Price to Sales: 0.24

Shares Outstanding: 3,073,939,870,000

Volatility: 165.29

Volume: 0.56

Change (%): 0.135

More about Alphabet Inc Class A
Alphabet Inc Class A Summary

Alphabet Inc Class A Summary

Alphabet Inc. is an American multinational conglomerate headquartered in Mountain View, California. It was created through a restructuring of Google on October 2, 2015, and became the parent company of Google and several former Google subsidiaries. The two co-founders of Google remained as controlling shareholders, board members, and employees at Alphabet. Alphabet is the world's fourth-largest technology company by revenue and one of the world's most valuable companies.

Key Financials

Sector: Technology

Services: Computer Programming, Data Processing, etc.

Market Cap: $1,989,634,294,000

PE Ratio: 27.48

Dividend Yield: None

EPS: $5.79

52-Week High: $1,024.34

52-Week Low: $905.24

Price to Book: 0.24

Volume: 307,393,987,000

Market Cap Rank: 166.71

Beta: 0.56

Volatility: 0.135

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Disclaimer

The opinions expressed by the writers at Grow My Bag are their own and do not reflect the official stance of Grow My Bag. The content provided on our site is not intended as investment advice, and Grow My Bag is not an investment advisor. We do not endorse buying or selling any cryptocurrencies or digital assets mentioned in our articles. High-risk investments in Bitcoin, cryptocurrencies, and digital assets require thorough due diligence, and all transfers and trades made are at your own risk. Grow My Bag is not responsible for any potential losses and participates in affiliate marketing.
 8 Nov 24
 8 Nov 24
 8 Nov 24