Goldman Sachs (NYSE:GS) analyst Goldman Sachs maintained a Buy rating on Datadog (NASDAQ:DDOG) on Friday, setting a price target of $124, which is approximately 60.43% above the present share price of $77.29.
expects Datadog to post earnings per share (EPS) of -$0.05 for the second quarter of 2021.
The current consensus among 15 TipRanks analysts is for a Moderate Buy rating of shares in Datadog, with an average price target of $110.69.
The analysts price targets range from a high of $150 to a low of $80.
In its latest earnings report, released on 12/31/2020, the company reported a quarterly revenue of $177.53 million and a net profit of -$8.94 million. The company's market cap is $23.83 billion.
According to TipRanks.com, Goldman Sachs analyst Goldman Sachs is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 9.9% and a 59.59% success rate.
Founded in 2010, Datadog, Inc. provides a monitoring and analytics platform for developers, information technology operations teams and business users, through an SaaS-based data analytics platform.