Zurück zu den Rankings

Datadog, Inc. (DDOG)

NEUTRAL
TechnologySoftware - ApplicationUnited States

Fundamental

66

Kurs

$223.33

Marktkapitalisierung

$81.07B

Teil 1 · Was das Unternehmen wert ist

Übersicht

Datadog sells a monitoring dashboard that lets engineering teams see, in one place, whether their applications, servers and cloud infrastructure are working correctly. Companies plug dozens of separate tools — servers, databases, cloud services, custom code, and now AI models in production — into it, and Datadog turns the resulting flood of logs and metrics into alerts and charts a human can actually understand and act on before something breaks for end users.

Wie das Geld verdient wird

Nearly all revenue is subscription-based and billed largely on usage: the more servers, containers or log volume a customer sends through the platform, the more it pays, so revenue grows automatically as a customer's own infrastructure grows. Datadog does not break its revenue into product-line segments in its filings; growth instead comes mainly from selling more of its roughly 30 individual monitoring products into the same existing accounts, rather than from adding many brand-new logo customers.

Wettbewerbsvorteil

Wechselkosten · Schmal

Once engineering teams wire dozens of systems into Datadog's dashboards and build alerting rules around them, ripping it out and replicating that setup elsewhere is a multi-month project few teams choose to start voluntarily. That stickiness is real but not absolute: cloud providers bundle their own, cheaper monitoring tools, and large customers can and do run a rival platform alongside Datadog.

Was die Nachfrage antreibt

Mäßig zyklisch

Because billing tracks actual infrastructure usage, revenue rises and falls with how much computing a customer is running, not with a fixed contract size. In a slowdown, customers can cut cloud spend and Datadog's own usage-based bill shrinks with it, so growth is more exposed to the economic cycle than a flat-fee software subscription would be, though renewals themselves remain fairly sticky.

Wichtigste Risiken

  • Usage-based revenue tracks customer cost-cutting — Because billing follows actual infrastructure usage, any effort by customers to optimize or reduce their cloud footprint shows up directly as slower revenue growth for Datadog, with little lag.
  • Concentration in an AI-native customer cohort — A newly disclosed group of AI-focused customers, including the company's largest single account, is contributing an outsized share of recent growth, making results more dependent on the spending patterns of a narrow set of buyers.
  • Competition from cloud providers' native tools — Amazon, Microsoft and Google each bundle their own monitoring tools with their cloud platforms at a lower incremental cost, giving price-sensitive customers a built-in alternative to Datadog.
  • Multi-product complexity and pricing pressure — Growth increasingly depends on selling additional modules into existing accounts; if customers resist consolidating spend onto more of Datadog's roughly 30 products, growth slows even where the core monitoring relationship stays intact.

Kundenkonzentration

Datadog serves roughly 32,700 customers with no single one dominating revenue, but its latest filing separately flags a newly named 'AI-native' customer cohort — which it says includes its single largest customer — as an outsized driver of recent growth.

Die Argumente dafür

Buyers argue that once a company's engineers build their daily workflow around Datadog's dashboards, the switching cost of leaving is high, that selling more of its roughly 30 products into the same accounts gives it years of runway without needing new customers, and that AI workloads are creating fresh, high-volume infrastructure to monitor.

Die Argumente dagegen

Sellers fear that usage-based billing makes revenue unusually sensitive to customer cost-cutting, that cloud providers' bundled monitoring tools erode Datadog's pricing power over time, and that a growing reliance on a narrow cohort of AI-native customers concentrates risk in spending patterns Datadog does not control.

Written by the editors, published on 18. August 2026

Direct competitors

Who this company fights with for the same customers

No editorial profile for this company yet

No competitor list for this company yet.

Bilanz & Liquidität

Umsatz

$3.97B

Letzte 12 Monate (bis 30.6.2026)

Nettogewinn

$178M

Letzte 12 Monate (bis 30.6.2026)

Freier Cashflow

$1.00B

Gesamtes Eigenkapital

$3.73B

Gesamtverbindlichkeiten

$2.91B

Current Ratio

3.20

Zinsdeckungsgrad

1.43

Schulden/EBITDA

264.72

Gewinn je Aktie

Umsatz & Nettogewinn

Freier Cashflow

Ertragsaufschlüsselung

Historische Aufstellung

Margen im Zeitverlauf

Verschuldung im Zeitverlauf

Wie schwer die Schulden wiegen

Wachstumsraster

Wachstum — Umsatz

Innerer-Wert-Schätzung

Fair bewertet

Innerer Wert

$245.76

Aktueller Kurs

$223.33

Sicherheitsmarge

+9.1%

Innerer-Wert-Spanne

$159.75 - $331.78

Bewertungsmethoden

Analyst Target:$285.18
DCF:-
PE-based:$48.67
Graham Growth:$7.98
EPV:$0.27
Analystenkonsens:Starker Kauf (51B / 4H / 1S)
Letzte Gewinnüberraschung:+7.99%

Bewertungskennzahlen

P/E-Verhältnis

451.54

ROE

2.9%

P/B-Verhältnis

-

P/FCF

0.00

Bruttomarge

79.5%

ROIC

0.2%

Rentabilitäts-Radar

Value Creation (Economic Moat)

ROIC

0.2%

WACC

12.9%

ROIC − WACC

-12.7 pp

ROIC is below the cost of capital — the company is destroying value for every dollar invested.

Fundamentalanalyse-Kriterien

Bestanden (16)

  • EPS shows upward trend
  • Price CAGR 29.88%
  • Gross Margin 79.5%
  • Debt/Equity ratio
  • Positive Free Cash Flow
  • CapEx intensity
  • Current Ratio
  • Return on Tangible Assets
  • Low reliance on intangibles
  • Revenue Growth 5Y 41.5%
  • Analyst Consensus 91% Buy
  • Earnings Surprise avg 11.0%
  • Earnings Quality (OCF/NI) 6.92
  • Share Dilution -1.6%
  • Net Margin Trend 4.5% vs 4.1%
  • Piotroski F-Score 7/9

Nicht bestanden (6)

  • ROIC 0.2%
  • Operating Margin 0.4%
  • Interest Coverage
  • Debt/EBITDA
  • DCF valuation (Unknown)
  • ROE 4.6%

Nicht verfügbar (5)

  • P/FCF 0.00
  • P/B Ratio NaN
  • Dividend Payout NaN%
  • Price below Graham Number
  • PEG Ratio (need PE > 0 and growth > 0)

Piotroski F-Score

7/9

Starke finanzielle Gesundheit

score
criteria

Gewinnqualität

6.92

Hohe Qualität: Gewinne durch Cashflow gedeckt

Aktienverwässerung

-1.6%

Aktienrückkäufe. Aktionärsfreundlich

Unternehmensführung

Führungsteam

NamePositionAlter
Mr. Olivier PomelCo-Founder, CEO & Director48
Mr. Alexis Le-QuocCo-Founder, CTO & Director50
Mr. David M. ObstlerChief Financial Officer65
Mr. Adam BlitzerChief Operating Officer44
Mr. Sean Michael WaltersChief Revenue Officer53
Ms. Kerry S. Acocella J.D.General Counsel & Secretary44
Ms. Sara VarniChief Marketing Officer-
Mr. David C. GalloreeseChief People Officer45
Mr. Emilio EscobarChief Information Security Officer-
Dr. Yanbing Li Ph.D.Chief Product Officer54

Prüfungsrisiko

7

Vorstandsrisiko

10

Vergütungsrisiko

9

Aktionärsrechterisiko

10

Teil 2 · Der Preis und der Einstiegszeitpunkt

Dieser Teil sagt nicht, ob das Unternehmen etwas taugt: Er hilft bei der Wahl des Kaufzeitpunkts, nachdem die Fundamentaldaten überzeugt haben. Enthalten: technische Analyse, Potenzial, historische Drawdowns, Gamma-Exposure.

Latest News

Recent headlines for DDOG, sourced from Markets Gazette.

  • 19d agoNEGATIVE
    Datadog’s stock slides after earnings. This is what’s nagging at investors.

    Datadog's stock experienced a decline following its latest earnings report, despite beating analyst expectations. The company's performance, while positive, fell short of the significant beat seen in the previous quarter, failing to meet the elevated bar set by its strong year-to-date stock appreciation. This suggests that even meeting expectations may not be enough for investors who have priced in substantial future growth. The market's reaction indicates a potential shift in sentiment, where incremental positive news is no longer sufficient to sustain upward momentum, raising concerns about future growth catalysts.

  • 6/9/2026POSITIVE
    $100 Invested In Datadog 5 Years Ago Would Be Worth This Much Today

    An investment of $100 in Datadog Inc. five years prior to June 9, 2026, would have yielded a significant return, illustrating the company's strong growth trajectory and market performance. While specific figures are not provided in the summary, the implication of substantial appreciation suggests robust revenue growth, successful product innovation, and increasing market share in the cloud monitoring and security space. Investors who held Datadog stock during this period have likely benefited from its ability to capitalize on the expanding demand for observability solutions.

  • 5/28/2026POSITIVE
    This AI Stock Is Crushing Microsoft And Adobe In 2026 — JPMorgan Still Sees 43% Upside

    Datadog has significantly outperformed its peers in 2026, with its stock price surging nearly 66%, while Microsoft and Adobe have experienced declines. JPMorgan analysts maintain a positive outlook, identifying an additional 43% upside potential for the AI software company. This strong performance, coupled with continued analyst confidence, suggests robust underlying business momentum and potential for further growth, making it an attractive prospect for investors seeking exposure to the AI sector.

  • 5/8/2026POSITIVE
    These Analysts Boost Their Forecasts On Datadog After Upbeat Q1 Results

    Datadog Inc. (DDOG) has reported robust first-quarter financial results, surpassing both revenue and earnings per share estimates. Following this strong performance, several analysts have upgraded their price targets for the company's stock, signaling a positive outlook. This upward revision in analyst sentiment suggests increased confidence in Datadog's growth trajectory and its ability to execute its business strategy, potentially attracting further investor interest and supporting the stock's valuation.

  • 5/7/2026POSITIVE
    Datadog's AI Push Pays Off Big Time, Stock Jumps 30%

    Datadog's stock experienced a significant surge, climbing 30% following its Q1 earnings report. The company announced revenue of $1 billion, a substantial 32% increase year-over-year. This impressive performance was largely attributed to strong demand driven by its artificial intelligence initiatives. The company not only beat earnings expectations but also raised its 2026 guidance, signaling robust future growth prospects. Investors are likely to view this as a strong indicator of Datadog's successful AI strategy and its ability to capture market share in the cloud monitoring space.

  • 5/7/2026NEUTRAL
    Datadog Gears Up For Q1 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts

    Datadog is set to report its first-quarter earnings on May 7th, with Wall Street analysts projecting earnings per share of $0.51. The company's stock experienced a slight decline of 1.4% on Wednesday. While the upcoming earnings report is a key event, the provided information focuses on the anticipation of the print and recent analyst actions, without offering specific forward-looking guidance or performance metrics that would definitively sway investor sentiment in a positive or negative direction at this juncture. Investors await the actual results to gauge performance.

  • 3/10/2026NEUTRAL
    Datadog Stock: Down About 37% From Its 52-Week High, Is Now a Good Time to Buy Into This Fast-Growing Company?

    Datadog, a cloud monitoring specialist, has seen its stock price decline approximately 37% from its 52-week high. Despite this pullback, the company's revenue growth has recently accelerated. This juxtaposition presents a potential buying opportunity for investors interested in fast-growing tech companies, as the current valuation may offer an attractive entry point for a company demonstrating strong underlying business momentum.

  • 2/26/2026POSITIVE
    Datadog, Sakana AI Join Forces To Accelerate Enterprise AI Adoption

    Datadog, Inc. (DDOG) shares experienced a notable uplift following the announcement of a strategic partnership with Sakana AI. This collaboration is set to accelerate enterprise AI adoption by enhancing innovation and observability capabilities. For investors, this agreement signals a strengthening of Datadog's position within the rapidly expanding AI and data analytics sector. The integration of Sakana AI's technologies could significantly broaden Datadog's product offerings, making it more competitive and appealing to an increasingly AI-focused enterprise client base. This development is crucial as it positions Datadog as a key enabler for businesses looking to fully leverage artificial intelligence, promising potential long-term benefits for revenue growth and market share.

via Markets Gazette