Rosenblatt Securities analyst Blair Abernethy maintained a Hold rating on Datadog (NASDAQ:DDOG) on Monday, setting a price target of $97, which is approximately 15.58% below the present share price of $114.9.
Abernethy expects Datadog to post earnings per share (EPS) of -$0.05 for the first quarter of 2021.
The current consensus among 14 TipRanks analysts is for a Moderate Buy rating of shares in Datadog, with an average price target of $106.3.
The analysts price targets range from a high of $125 to a low of $85.
In its latest earnings report, released on 09/30/2020, the company reported a quarterly revenue of $154.68 million and a net profit of -$9.27 million. The company's market cap is $34.99 billion.
According to TipRanks.com, Rosenblatt Securities analyst Blair Abernethy is currently ranked with 4 stars on a 0-5 stars ranking scale, with an average return of 17.4% and a 75.81% success rate.
Datadog, Inc. engages in the development of monitoring and analytics platform for developers, information technology operations teams and business users. Its platform integrates and automates infrastructure monitoring, application performance monitoring and log management to provide real-time observability of its customers' entire technology stack. The company was founded by Olivier Pomel and Alexis Lê-Quôc on June 4, 2010 and is headquartered in New York, NY.