3 Years Ago
2 Min Read

DDOG shares decreased -6% today. A look at what's happening:



Datadog Inc Cl A (DDOG) is trading -6% lower at $106.03 today.

  • Q2 Non-GAAP EPS: $0.24, beats analyst estimates by $0.09
  • Revenue: $406.14M (+73.9% Y/Y), beats by $24.86M
  • 2,420 $100k+ ARR customers, up from 1,570 in previous year
  • Non-GAAP: operating income was $84.7M, operating margin was 21%
  • Q3 2022 Guidance, Revenue: $410M-$414M, Non-GAAP operating income: $51M-$55M  
  • 2022 Guidance, Revenue: $1.61B-$1.63B, Non-GAAP operating income: $255M-$275M

Datadog Inc Cl A has been trading between a 52-week high of $199.68 and a 52-week low of $81.12. The stock has a market cap of $30 Billion.

Datadog is the monitoring and security platform for cloud applications. Its SaaS platform integrates and automates infrastructure monitoring, application performance monitoring and log management to provide unified, real-time observability of its customers' entire technology stack. Datadog is used by organizations of all sizes and across a wide range of industries to enable digital transformation and cloud migration, drive collaboration among development, operations, security and business teams, accelerate time to market for applications, reduce time to problem resolution, secure applications and infrastructure, understand user behavior and track key business metrics.

Headlines


Datadog tops earnings expectations, but stock falls with guidance seen as conservative
MarketWatch 08-04-22

Datadog Stock Falls As Software Maker Gives In-line Guidance
Investor''s Business Daily 08-04-22

Datadog Q2 Earnings Beat Consensus; Q3 Guidance in Line
Wallstreet:Online 08-04-22

Datadog Non-GAAP EPS of $0.24 beats by $0.09, revenue of $406.14M beats by $24.86M (NASDAQ:DDOG)
Seeking Alpha 08-04-22

Datadog Acquires Seekret to Make API Observability Accessible
PR Newswire 08-04-22


As you can imagine, the internet had a few things to say about the price move. Here's a few choice comments from the Reddit Traderverse™:

BoomBoomMansena - 7 upvotes - source
Basing my investments off of cool animal emojis - All in on DDOG 🐕 and CROX 🐊 calls

willygcrisp - 4 upvotes - source
CROX 🐊 and DDOG 🐕 calls

Zombie_Deep - 2 upvotes - source
Anyone think Sq, DKNG, ddog or any of the growth stocks can go up on ER this week? Most have already run over 20% this week so thinking they may all have same fate as amd and Abnb this week

Dmoan - 2 upvotes - source
DDOG P/E ratio 132,960 lol this thing has a long way to drop

Heavy_D72 - 1 upvotes - source
DDOG tomorrow?

Damerman - 1 upvotes - source
Ddog going down 10% in pm because they guided down their revenue by 0.28% ( likely because of forex) is literally bitch made hysteria. If you trade successfully in this bullshit, its cuz ur also a bitch.

RichardSantelli - 1 upvotes - source
ddog has a pe of 140k?

KelbySmith - 1 upvotes - source
DDOG might beat? BABA too

Vulpoaica - 1 upvotes - source
CROX and DDOG for earnings?

Damerman - 1 upvotes - source
There is no ticker i hate more than DDOG(maybe GME or META), but im not dumb enough to short it.