I'm downgrading Datadog to a sell rating and recommend taking profits here on the stock's sharp rally over the past month. Datadog has raced to a ~17x forward revenue and ~85x forward P/E multiple, ...
Things looked good for Datadog in the fourth quarter. Strong quarterly revenue gains helped the data-focused technology company finish 2024 with a 26% rise in annual sales, and adjusted earnings of $0 ...