Better AI Stock: Datadog vs. Snowflake

01:21am, Monday, 11'th Nov 2024
Investors need to dig in beyond the hype words.
Wall Street analysts are overwhelmingly bullish on Microsoft and Datadog.
DDOG's Q3 results reflect challenges, including slowed customer expansion.
Datadog's growth remains stable despite challenging macro conditions, largely due to incremental demand from AI native customers. Datadog's customer acquisition continues to moderate rate though, and

Datadog (DDOG) Q3 2024 Earnings Call Transcript

11:35am, Thursday, 07'th Nov 2024
Datadog, Inc. (NASDAQ:DDOG ) Q3 2024 Earnings Conference Call November 7, 2024 8:00 AM ET Company Participants Yuka Broderick - VP, IR Olivier Pomel - CEO and Co-Founder David Obstler - CFO Conference
Cloud monitoring firm Datadog raised its annual revenue and profit forecasts on Thursday, betting on accelerating demand for its AI-backed cybersecurity products.
Datadog (DDOG) came out with quarterly earnings of $0.46 per share, beating the Zacks Consensus Estimate of $0.39 per share. This compares to earnings of $0.45 per share a year ago.
Datadog's quarterly revenue jumped 26% to $690 million, comfortably beating estimates.
Third quarter revenue grew 26% year-over-year to $690 million Robust growth of larger customers, with about 3,490 $100k+ ARR customers, up from about 3,130 a year ago Announced general availability of
Palantir Technologies (PLTR) stock just surged to a fresh record high on the heels of an upbeat third-quarter earnings report.
DDOG's premium valuation multiples and stiff competitive pressures suggest investors might wait for a better entry point ahead of Q3 earnings results.
Datadog (DDOG) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Datadog (DDOG) reachead $126.37 at the closing of the latest trading day, reflecting a -0.18% change compared to its last close.
Datadog (DDOG) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
Datadog was positioned the highest in its Ability to Execute NEW YORK , Oct. 24, 2024 /PRNewswire/ -- Datadog , Inc. (NASDAQ: DDOG), the monitoring and security platform for cloud applications, today
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